Tribunals
Summary and Review of Case Laws Decided by Income Tax Appellate Tribunals
Sunday, 30 April 2017 11:12
Deduction u/s 54 - Assessee is Entitled for Deduction even if Property purchased in Joint Names - Mumbai Tribunal
Written by Amit
Additional Info
- Case Name Jitendra V Faria vs. ITO
- Order Date Thursday, 27 April 2017
- Court Tribunals
- Cout Name Mumbai Tribunal
- Section 54, 54F
- Citation 417Taxpundit354
- Favouring Assessee
Tuesday, 21 March 2017 15:17
It is not the Legal Necessity but Commercial Expediency which guides the Allowability of Expenditure under Section 37(1) of the Act - Mumbai Tribunal
Written by Deepak Kumar
Additional Info
- Case Name Shah Rukh Khan vs. ACIT
- Order Date Friday, 17 March 2017
- Court Tribunals
- Cout Name Mumbai Tribunal
- Section 37(1)
- Citation 317Taxpundit159
- Favouring Assessee (Partly)
Tuesday, 10 January 2017 15:29
Restricting Commission Payments to 3% without Comparative Tabulation with Market Rate is Untenable - Ahmedabad Tribunal
Written by Amit
Additional Info
- Case Name Stallion Laboratories Pvt. Ltd vs. ITO
- Order Date Friday, 06 January 2017
- Court Tribunals
- Cout Name Ahmedabad Tribunal
- Section 144C, 9(1), 40(a)(ia)
- Citation 117Taxpundit16
- Favouring Assessee
Monday, 02 January 2017 13:24
Transfer Pricing - No Income be Taxed in the hands of Foreign Enterprise when the Correct Arm's Length Price is Applied and Paid - Mumbai Tribunal
Written by Taxpundit
Additional Info
- Case Name Taj TV Ltd vs. ADIT
- Order Date Friday, 23 December 2016
- Court Tribunals
- Cout Name Mumbai Tribunal
- Section 144C, 9(1), 40(a)(ia)
- Citation 1216Taxpundit54
- Favouring Assessee
Monday, 05 December 2016 15:17
Addition of Unaccounted Income u/s 68 Cannot be made on the basis of Unsigned, Undated Document found during Search - Delhi Tribunal
Written by Deepak Kumar
Additional Info
- Case Name Samta Khinda vs. ACIT
- Order Date Tuesday, 29 November 2016
- Court Tribunals
- Cout Name Delhi Tribunal
- Section 69, 132, 133, 153, 158, 260, 292C
- Citation 1116Taxpundit28
- Favouring Assessee
Wednesday, 30 November 2016 14:44
Taxation of Gifts of Rs. 2.25 Crore - AO Has No Jurisdiction u/s 153A when the Assessment Attained Finality - Mumbai Tribunal
Written by Taxpundit
Additional Info
- Case Name Ramesh Sumermal Shah. vs. DCIT
- Order Date Monday, 28 November 2016
- Court Tribunals
- Cout Name Mumbai Tribunal
- Section 68, 132, 153A
- Citation 1116Taxpundit24
- Favouring Assessee
Friday, 28 October 2016 15:41
Client Creation Cost is an Intangible Asset and is Eligible for Depreciation at 25% - Hyderabad Tribunal
Written by Amit
Additional Info
- Case Name SWAWS Credit Corporation (P) Ltd vs. DCIT
- Order Date Friday, 21 October 2016
- Court Tribunals
- Cout Name Hyderabad Tribunal
- Section 32
- Citation 1016Taxpundit51
- Favouring Assessee
Thursday, 07 July 2016 11:31
Compensation Received under a Negative Covenant for Impairment of Right is in the Nature of Capital Receipt and Not Liable to Taxes in the Income Tax Act - Hyderabad Tribunal
Written by Taxpundit
Additional Info
- Case Name Orient Blackswan Private Limited vs. ACIT
- Order Date Wednesday, 06 July 2016
- Court Tribunals
- Cout Name Hyderabad Tribunal
- Section 28, 253(5), 115JB
- Citation 716Taxpundit19
- Favouring Assessee
Friday, 01 July 2016 12:34
Penalty u/s 271(1)(b) for Non Compliance of Notice Cannot be Levied when the Order is Passed u/s 143(3) and Not u/s 144 - Delhi Tribunal on 29th June, 2016
Written by Amit
Additional Info
- Case Name Globus Infocom Limited vs. DCIT
- Order Date Friday, 29 July 2016
- Court Tribunals
- Cout Name Delhi Tribunal
- Section 271(1)(b), 143(3)
- Citation 616Taxpundit100
- Favouring Assessee
Tuesday, 28 June 2016 14:31
When the Dominant Object was to Purchase the Capital Assets, the Loss on Sale of same Cannot be Adjusted against Business Income - Hyderabad Tribunal
Written by Deepak Kumar
Additional Info
- Case Name DCIT vs. Sudalagunta Hotels Ltd
- Order Date Monday, 27 June 2016
- Court Tribunals
- Cout Name Hyderabad Tribunal
- Section 28, 32, 14A
- Citation 616Taxpundit85
- Favouring Revenue
Most Popular Case Summary
- Default
- Title
- Date
- Random
- Commissioner of Income Tax vs. Vatika Landbase Pvt. Ltd.Read More
Addition u/s 14A - 1% of Exempt Income is Fair & Reasonable - Section 115JB is not applicable to Banks - Kolkata Tribunal
2016-03-19 05:42:29Allahabad Bank vs. Addl. CITRead MorePenalty u/s 271(1)(b) for Non Compliance of Notice Cannot be Levied when the Order is Passed u/s 143(3) and Not u/s 144 - Delhi Tribunal on 29th June, 2016
2016-07-01 07:04:07Globus Infocom Limited vs. DCITRead More
load more hold SHIFT key to load all load all
Recommended Articles
SITE INFORMATION
All content herein is the copyright of Taxpundit. No images, text, or any other content may be, reproduced or redistributed without the express written consent of Taxpundit.
All Rights Reserved. All Content Copyright.
File Income Tax & GST Returns Through Our Inhouse Experts. No Outside Agency. Plan starts at Rs. 500.00.