The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the receipts from the sale of scraps shall be treated as part of gains derived from industrial undertaking for the purposes of

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) ruled that the deduction is not allowable on depositing employees' contribution towards Employee State Insurance (ESI) & Provident Fund (PF) after the due date. An addition

The Income Tax Appellate Tribunal (ITAT), Delhi Bench deleted the disallowance made by AO on account of delayed payment of contribution to Provident Fund, Employees' State Insurance and Professional Tax. The assessee, Planman HR (P)

The Income Tax Appellate Tribunal, Delhi Bench reiterated that reopening of assessment by AO invalid if based on “change of opinion”. The assessee, Paveljeet Singh Ruppal had filed his return of income on 30.09.2008 on

The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that penalty can’t be invoked under Income Tax Act without relevant documents which substantiate business activities. The appellant GSA (Gestions Sportives Automobiles) is a company

The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the Commissioner of Income Tax (Appeals) cannot CIT(A) can’t adjudicate issue by introducing a new source of income not discussed in the original assessment.

Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the amount of interest paid for the delayed payment of services tax shall be treated as a permissible deduction from the Business Income for the

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the assessee had discharged its burden as per Section 68 of the Act, by filing confirmation, affidavit, copy of the income tax return

The Income Tax Appellate Tribunal (ITAT), Delhi Bench presided by Mr. Anil Chaturvedi, Accountant Member,and Shri N.K. Choudhry, Judicial Member has held that deduction u/s 54 EC is applicable within six calendar months from the

 The Delhi bench of Income Tax Appellate Tribunal (ITAT) has recently held that Corporate Social Responsibility (CSR) expenses carried out by the Hindustan coca-cola beverages are eligible for deduction under Section 37(1) of the Income Tax Act 1961.

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) in the case of Evalueserve.com Pvt Ltd v DCIT holding in favor of the assessee directed the AO to exclude the 6 comparables and thereafter

The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the levy of late fee under section 234E of the Income Tax Act, 1961 cannot be levied for TDS defaults prior to 1st June

The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) eliminated the additional assessment under section 69 of the Income Tax Act, following the declaration of 719 grams of jewellery found in the

The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) allowed depreciation claims on the aircraft put to use for a period less than 180 days. The Assessee, India Flysafe Aviation Ltd is engaged in the business

The Income Tax Appellate Tribunal ( ITAT), Delhi has held that inability to meet the contractual obligation cannot be termed as an infraction of the law. The revenue authority filed an appeal before ITAT Delhi