The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that No disallowance u/s 269SS when disallowance has already been made on payments for construction contract and Penalty u/s 271 D of the

The Income Tax Appellate Tribunal (ITAT) Delhi  bench deleted additions made under Section 69 of the Income Tax Act, 1961 without detecting material to establish undisclosed transactions involving the sale /purchase of gold in cash

The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) recently held that assessee are not eligible for deduction under section 80IC of Income Tax Act 1961 ,If the plant is not situated in

The Income Tax Appellate Tribunal (ITAT), New Delhi Bench mistrusted the cash gifts at the time of marriage and anniversary and cash for cancer treatment. The assessee, Nineeta Singh is an individual and derives income

Income Tax Appellate Tribunal (ITAT), New Delhi held that mere none production of stock register cannot be ground to reject declared trading results. The assessee company, Rakesh Global Steel Pvt Ltd filed return of income

In a recent ruling, the Income Tax Appellate Tribunal (ITAT), Delhi bench has granted tax relief to retired professional shooter, Abhinav Bindra. The Tribunal bench has held that the former World and Olympic champion is

The Income Tax Appellate Tribunal (ITAT), Delhi bench ruled that agreement which goes to root of matter cannot be brushed aside lightly and directed the Assessing Officer to consider Trade Mark Licence Agreement. The assessee

The Income Tax Appellate Tribunal (ITAT), New Delhi before Shri N K Billaiya, AM and Ms Astha Chandra, JM held that Payments made on the business profit of non-residents without PE are not taxable in

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) granting relief to Haryana Rifle Association ruled that charging of fees for conducting matches or tournaments in rifle shooting is not commercial activity. The assessee

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has allowed the appeal of Tripoto.com Pvt. Ltd. and directed the Assessing Officer (AO) to re-adjudicate the claim of deduction for the late deposit of

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has disallowed the proprietary business loss since sham transactions were found between associated enterprises. The assessee Samtel Glass Ltd. is a public limited company engaged in

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the rental income received after the purchase of an already let out warehouse is taxable as income from house property. The Tribunal

The Income Tax Appellate Tribunal (ITAT), Delhi benhc has held that the provisions of tax deduction at source (TDS) under section 194H of the Income Tax Act, 1961 are not applicable to credit card commission

The Income Tax Appellate Tribunal (ITAT), Delhi Bench held that tax rates specified in Double Taxation Avoidance Agreement (DTAA) in respect of dividend must prevail over Dividend Distribution Tax (DDT). The appellant, Giesecke & Devrient

The Delhi Bench of Income Tax Appellate Tribunal (ITAT), held that assessment order for addition under Section 69A of Income Tax Act,1961 as unexplained income, not followed by mandate document identification number (DIN) in accordance