ITAT Chennai
Explore the latest ITAT Chennai judgments, orders, and appellate decisions on direct tax matters from the Chennai bench of the Income Tax Appellate Tribunal
Depreciation allowable on Machineries kept ready for Use: ITAT allows Relief since Non-Usage of Machineries due to reasons beyond the control of Assessee
The Income Tax Appellate Tribunal (ITAT), Chennai Bench while allowing the relief since non-usage of Machineries due to reasons beyond the control of...
![No TDS on Professional Fee paid to Offshore CA Firm: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/TDS-Professional-Fee-CA-Firm-ITAT-Taxscan.jpeg "No TDS on Professional Fee paid to Offshore CA Firm: ITAT [Read Order]")
![Employees Contribution to PF/EPF paid beyond Due Date cannot be disallowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Employees-Contribution-PF-EPF-ITAT-Taxscan.jpg "Employees Contribution to PF/EPF paid beyond Due Date cannot be disallowed: ITAT [Read Order]")
![Excess Expenditure incurred by Trust in earlier Assessment Year could be allowed to be set off against Income of subsequent years: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/expenditure-trust-assessment-year-income-of-subsequent-years-ITAT-Taxscan.jpg "Excess Expenditure incurred by Trust in earlier Assessment Year could be allowed to be set off against Income of subsequent years: ITAT [Read Order]")
Input Service Tax Credit is deductible u/s.37(1) when such Input Tax Credit is written off in Books of Accounts: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Chennai this week held that input tax credit is deductible under section 37(1) of the Act Income Tax Act, 1961, when such input tax credit is reversed or...
![Input Service Tax Credit is deductible u/s.37(1) when such Input Tax Credit is written off in Books of Accounts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Input-Service-Tax-Credit-Input-Tax-Credit-Books-of-Accounts-ITAT-taxscan-1.jpeg "Input Service Tax Credit is deductible u/s.37(1) when such Input Tax Credit is written off in Books of Accounts: ITAT [Read Order]")
Income Tax Search and Seizure: Seizure of undisclosed jewellery and its assessment thereupon- Legal Treatise
Introduction: The Central Board of Direct Taxes vide Instruction no. 1916 dated 11-05-1994, clarified that no seizure should be made by the Search Party of the Jewellery and Ornaments found during...
![Income Tax Dept to Re-do Assessment against Actor Dulquer Salmann [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/06/Dulquer-Salmann-ITAT-Taxscan.jpg "Income Tax Dept to Re-do Assessment against Actor Dulquer Salmann [Read Order]")
![ATM is Computer: ITAT allows 60% Depreciation [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/06/ATM-RBI-Taxscan.jpg "ATM is Computer: ITAT allows 60% Depreciation [Read Order]")
Land Owner cannot be Taxed for difference amount contained in Form 26AS and Profit and Loss Account: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai bench has recently held that in pursuance of a joint development business, the landowner cannot be subject to income tax for the difference amount...
![Land Owner cannot be Taxed for difference amount contained in Form 26AS and Profit and Loss Account: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/Form-26AS-ITAT-Taxscan.jpg "Land Owner cannot be Taxed for difference amount contained in Form 26AS and Profit and Loss Account: ITAT [Read Order]")
Remuneration Paid to Partners can’t be disallowed for want of Registration of Firm: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) has held that Remuneration paid to the partners cannot be disallowed for want of Registration of Firm. The assessee, M/s. Tulip Valves...
![Remuneration Paid to Partners can’t be disallowed for want of Registration of Firm: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/CA-Firm-Remuneration-Taxscan.jpg "Remuneration Paid to Partners can’t be disallowed for want of Registration of Firm: ITAT [Read Order]")