The Income Tax Appellate Tribunal ( ITAT ) Delhi bench held that the loss of the amount of security deposit paid to landlord towards rented premises is deductible as ‘ Business Loss ’ under the

The Income Tax Appellate Tribunal (ITAT), Delhi Bench held that the Order passed without disposing objections makes assessment void. A Notice under Section 148 of the Income Tax Act, 1961 was issued to the assessee

The Delhi Bench of Income tax Appellate Tribunal (ITAT) has held that disallowance under Section 14A of the Income Tax Act 1961 read with rule 8D could not exceed the quantum of exempted income earned

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that liability under section 201 of the Income Tax Act,1961 will not arise when payment of rent and common area maintenance charges have

The Delhi bench of Income Tax Appellate Tribunal (ITAT) has recently held that no addition could be made under Section 69B of Income Tax Act on account of jewellery shown in wealth tax return. Salil

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) quashed the notice under sec.274 IT Act levying penalty without specifying the applicable limb of Sec.271(1)(c) of the Income Tax Act as being defective and

The Delhi bench of Income Tax Appellate Tribunal (ITAT) has held that income earned from abroad is not taxable in India even if the assessee received salary through bank account in India. The assessee is

The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the Rental Income received from letting out the property can be treated as “business income” if letting out of property is the business of

The Income Tax Appellate Tribunal (ITAT) Delhi bench dismissed appeal filed by assessee as defective due to continuous  absence by assessee during appellate proceedings. The assessee  Geetu Kamra filed the appeal against the order of 

The Income Tax Appellate Tribunal (ITAT), Delhi Bench while dismissing the appeal of the revenue deleted the addition made on account of late deposit of Employee's State Insurance Corporation (ESIC) and Provident Fund (PF). The

The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) upholds decision CIT (A) and held that profits from providing technical services to other airlines is covered under Double Taxation Avoidance Agreement (DTAA) and

The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that no twin prerequisites for invocation of revisional powers under Section 263 of the Income Tax Act, 1961. M/s. Havells India Limited, the

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the expenditure incurred to avoid adverse effect on reputation and cost of litigation was a valid business exigency deductible under Section 37 of

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the assessment against a non- existent entity is not valid under the Income Tax Act, 1961. In the instant case, the assessee-

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the course fee paid to Harward Business School for the director is allowable as business expenses of the Company and therefore, eligible