‘Mere disallowance’ of an Expense does not warrant a Penalty for filing inaccurate particulars of Income: ITAT [Read Order]

ITAT dismisses appeal by revenue citing ‘unnecessary litigation’; asks CBDT to take care in such appeals before filing [Read Order]

Depreciation can’t be denied for sole ground that the Assets had not been put to use: ITAT grants relief to Nestle India [Read Order]

ITAT allows 60% of Deduction on Computers and Computer Software [Read Order]

Interest u/s 243B of Income Tax Act cannot be levied where the Income of the Assessee is Subject to TDS; ITAT Delhi [Read Order]