Read all Latest Updates on and about Dr. B. R. R. Kumar

Begin typing your search above and press return to search.

Home
»
Dr. B. R. R. Kumar

Revenue can bring Expenditure Incurred in Earlier Years to be Taxed in Subsequent Years on Bogus Expenditure: ITAT [Read Order]

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that revenue could bring expenditure incurred in earlier years to be taxed in...

ITAT Orders full TDS Credit after AO withdraws TDS Benefit on Advance Rent and Fails to carry...

Inter-Account Transfer and Sale of Shares for a Loss not Income: ITAT quashes Addition under Section...

AO cannot Arbitrarily Disallow Expenses for Want of Supporting Documentation, without Pointing out a...

Company couldn’t Prove that Cash Loan was taken for Urgent Disbursal of Salary: ITAT Upholds Penalty...

ITAT Allows 50% as Capital Gain Exemption u/s 54 to Joint Owner of Property: ITAT [Read Order]

The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) recently allowed 50 percent as capital gain exemption under section 54 of the Income Tax Act 1961 to joint owner of property. Assessee...

Principle of Estoppels is Not Applicable to Income Tax Proceedings: ITAT

The Delhi bench of Income Tax Appellate Tribunal (ITAT) recently held that the principle of estoppels is not applicable to income tax proceedings. A survey under section 133A of the Income Tax Act...

House Loan paid by Company Allotted to Directors for Residential Purpose Eligible for Income Tax Deduction: ITAT [Read Order]

The Delhi Bench Income Tax Appellate Tribunal ( ITAT ) has held that the house loan paid by a company allotted to the directors for residential purpose would be eligible for the Income Tax Deduction....

One Day Delay in Debiting Amount from Bank due to Mistake of Banker: ITAT Waives Off Interest [Read Order]

The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ), while waiving off the interest levied by the income tax department for short-levy of TDS, has held that interest cannot be levied for...

Exemption u/s 11 allowable on Income derived from Property held under Trust wholly for Charitable Purpose: ITAT [Read Order]

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that Exemption u/s 11 of the Income Tax Act,1961 is allowable on income derived from property held under trust wholly for a...

Capital Gain fully utilised for Acquisition of new Residential House Eligible for Income Tax Exemption u/s 54 of Income Tax Act: ITAT [Read Order]

The Delhi Income Tax Appellate Tribunal (ITAT) chaired by Yogesh Kumar US (Judicial Member) and Dr. B. R. R. Kumar (Accountant Member) held that the equivalent amount of capital gain utilised for...

Annual Technology Licence Fee is Revenue in Nature: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, in an appeal filed before it, held that annual technology licence fee is revenue in nature. The aforesaid observation was made...

Prev Page Next Page