Judgements and Orders, Supreme Court and High courts of India

Provision of DTAA is applicable on the interest amount under the IT Act, clarifies ITAT

Poojitha Raam Vinay 13 September 2021 at 14:14

The present appeal has been filed by the assessee against the order passed by the ld. CIT(A)-44, New Delhi dated 06.01.2016.

Posted in Income Tax | 129 Views

Taxability of interest expenses not relatable to business activity conducted by the assessee company

Poojitha Raam Vinay 13 September 2021 at 14:14

These two cross appeals by Revenue and Assessee are filed against the order of Learned Commissioner of Income Tax (Appeals)-25, Delhi.

Posted in Income Tax | 137 Views

Disallowance of Commission paid to Directors by AO

Poojitha Raam Vinay 13 September 2021 at 14:13

This appeal by Revenue is filed against the impugned order of Learned Commissioner of Income Tax (Appeals)-16, New Delhi, [�Ld. CIT(A)�, for short], dated 30.01.2018 for Assessment Year 2014-15.

Posted in Income Tax | 165 Views

In case of credits in the name of third parties, it is the duty of the assessee to prove the identity of credits

Poojitha Raam Vinay 13 September 2021 at 14:13

This appeal by Revenue and Cross Objection by Assessee are filed against the impugned order of Learned Commissioner of Income Tax (Appeals)-IV, Kanpur, [�Ld. CIT(A)�, for short], dated 07.02.2018 for Assessment Year 2015-16.

Posted in Income Tax | 118 Views

Rules of limitation are not meant to destroy the right of parties but to see that parties do not resort to dilatory tactics, states ITAT

Poojitha Raam Vinay 13 September 2021 at 14:13

This appeal filed by the assessee is directed against the order of the Commissioner of Income Tax (Appeals)-Meerut dated 21.05.2018 for Assessment Years 2009-10.

Posted in Income Tax | 154 Views

Computation of book profit u/s 115JB of the Income Tax Act

Poojitha Raam Vinay 13 September 2021 at 14:13

The present appeals have been fi led by the assessee against the orders of ld. CIT(A)-2, New Delhi dated 24.04.2019.

Posted in Income Tax | 131 Views

Treatment of sale proceeds u/s 69A of the IT Act

Poojitha Raam Vinay 13 September 2021 at 14:13

This appeal filed by the Assessee is directed against the ex-parte Order Dated 27.11.2019 of the Ld. CIT(A)-12, New Delhi, relating to the A.Y. 2011-2012.

Posted in Income Tax | 122 Views

Notional annual lettable value u/s 22 of the Income Tax Act, 1961

Poojitha Raam Vinay 13 September 2021 at 14:13

These Cross appeals filed by the Revenue and the Assessee assai l the correctness of the order dated 30.12.2019

Posted in Income Tax | 208 Views

Disallowance of deduction claimed by a cooperative society u/s 80P(2)(a)(i) of the IT Act

Poojitha Raam Vinay 13 September 2021 at 14:13

The assessee has filed this appeal challenging the order dated 06.01.2020 passed by Ld CIT(A), Mangaluru and it relates to the assessment year 2016-17.

Posted in Income Tax | 146 Views

Is amount disallowed u/s 41(1) if the assessee has not reconciled and adjusted the receivables?

Poojitha Raam Vinay 13 September 2021 at 14:13

The above appeal was disposed of by the ITAT vide its order dated 31.01.2018. The Revenue filed Miscellaneous Petition in MA No.263/Bang/2018 for the limited purpose of non-adjudication of ground Nos. 4 and 5 by the ITAT in its order dated 31.01.2018

Posted in Income Tax | 108 Views