Begin typing your search above and press return to search.
![Lawyer Fee can be deducted from Taxable Income: Gujarat High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/Lawyer-Fee-Taxable-Income-Expenditure-Gujarat-High-Court-Taxscan.jpg "Lawyer Fee can be deducted from Taxable Income: Gujarat High Court [Read Order]")
Lawyer Fee can be deducted from Taxable Income: Gujarat High Court [Read Order]
The Gujarat High Court has held that the lawyer fee / legal assistance expenditure taken by the assessee on day to day basis for the purpose of...
![ITAT allows Depreciation on Goodwill resulting from Acquisition of Business Unit [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/Acquisition-Business-Unit-Goddwill-ITAT-Taxscan.jpg "ITAT allows Depreciation on Goodwill resulting from Acquisition of Business Unit [Read Order]")
![Non-Availability of PAN of Deductee is not an excuse escape from filing TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/filing-TDS-Non-Availability-PAN-ITAT-Taxscan.jpg "Non-Availability of PAN of Deductee is not an excuse escape from filing TDS: ITAT [Read Order]")
![No Disallowance of Incentives paid to Employees u/s 40(a)(ia) If Payments are in Nature of Salaries: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/Incentives-paid-Employees-Salaries-ITAT-Taxscan.jpg "No Disallowance of Incentives paid to Employees u/s 40(a)(ia) If Payments are in Nature of Salaries: ITAT [Read Order]")
Exemption to Agricultural Lands bought when not for any Business purposes allowed: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) in the case of DCIT v Kushal Infra project Industries allowed exemption on agricultural lands bought without an intention to purchase the land...
![Exemption to Agricultural Lands bought when not for any Business purposes allowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/Agricultural-Lands-Exemptions-Business-Purpose-Taxscan.jpg "Exemption to Agricultural Lands bought when not for any Business purposes allowed: ITAT [Read Order]")
Probability or Improbability of Realisation to be considered in Realistic Manner: Gujarat HC [Read Judgment]
The Gujarat high court held that the probability or improbability of realization has to be considered in a realistic manner and there was no real accrual of income to the assessee in respect of the...
![Probability or Improbability of Realisation to be considered in Realistic Manner: Gujarat HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/01/Probability-Gujarat-High-Court-Taxscan.jpg "Probability or Improbability of Realisation to be considered in Realistic Manner: Gujarat HC [Read Judgment]")
![No Tax Deduction for Replacement of Machineries: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/07/SCN-Madras-High-Court-Taxscan.jpg "No Tax Deduction for Replacement of Machineries: Madras HC [Read Judgment]")
![Delay in Furnishing Audit Reports is mere Technical Breach, No Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/10/Tax-Audit-Reports-CBDT-Taxscan.jpg "Delay in Furnishing Audit Reports is mere Technical Breach, No Penalty: ITAT [Read Order]")
Non-Compete Fee Received by NRI not Taxable in India in absence of Business Connection in India: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) in the case of ITO v Prabhakar Raghavendra Rao held that non-compete fee money received independently by the assessee pursuant to an...
![Non-Compete Fee Received by NRI not Taxable in India in absence of Business Connection in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/Non-Compete-Fee-NRI-Taxscan.jpg "Non-Compete Fee Received by NRI not Taxable in India in absence of Business Connection in India: ITAT [Read Order]")