ITAT allows the set off of Depreciation and Business Loss
The Income Tax Appellate Tribunal (ITAT), Delhi Bench allowed the set off of depreciation and business loss. The assessee company, ACE Infracity...
![Relief to DLF Assets: ITAT allows Deduction on Rental Income from SEZ development u/s 80IAB [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/DLF-Assets-ITAT-rental-income-SEZ-development-taxscan-2.jpg "Relief to DLF Assets: ITAT allows Deduction on Rental Income from SEZ development u/s 80IAB [Read Order]")
![Relief to Nokia: No TDS deductible if no separate payment is shown relating to purchase of Software embedded in Mobile Phones, says ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Relief-to-Nokia-TDS-separate-payment-purchase-of-software-mobile-phones-ITAT-Taxscan.jpg "Relief to Nokia: No TDS deductible if no separate payment is shown relating to purchase of Software embedded in Mobile Phones, says ITAT [Read Order]")
![Common Area Maintenance Charges not forming part of Actual Rent not Taxable as ‘House Property Income’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Common-Area-Maintenance-Charges-Actual-Rent-Taxable-House-Property-Income-ITAT-Taxscan.jpg "Common Area Maintenance Charges not forming part of Actual Rent not Taxable as ‘House Property Income’: ITAT [Read Order]")
![Payment made to Doctors for Referring Patient to Assesee is Professional fee, not Referral Fee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Payment-Doctors-Referring-Patient-Professional-fee-Referral-Fee-ITAT-Patient-taxscan.jpg "Payment made to Doctors for Referring Patient to Assesee is Professional fee, not Referral Fee: ITAT [Read Order]")
![Mere Non-Production of Original Bills will not make Purchases ‘Bogus’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Non-Production-of-Original-Bills-Bills-Bogus-Purchases-ITAT-taxscan.jpg "Mere Non-Production of Original Bills will not make Purchases ‘Bogus’: ITAT [Read Order]")
Tax Residency in UAE Eligible for Benefit of Indo-UAE Treaty: Exemption cannot be Denied Merely because Directors Are of Different Nationality: ITAT
The Income Tax Appellate Tribunal (ITAT), Rajkot bench has held that the benefit of the Double Tax Avoidance Agreement (DTAA) between India and UAE cannot be denied to a Company registered in the UAE...
Employer responsible for Short Deduction of TDS: ITAT orders to Rectify Order passed Ignoring Form 16 [Read Order]
The Income Tax Appellate Tribunal (ITAT) Ahmedabad bench has directed the Assessing Officer to rectify the order passed without considering the TDS Statement under form 16 by invoking section 154 of...
![Employer responsible for Short Deduction of TDS: ITAT orders to Rectify Order passed Ignoring Form 16 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Tax-Deducted-at-Source-TDS-TDS-Reduction-taxscan.jpeg "Employer responsible for Short Deduction of TDS: ITAT orders to Rectify Order passed Ignoring Form 16 [Read Order]")
Honda R&D (India) wasn’t involved in R&D activity and rather was providing market support services to its AE: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi Bench held that the assessee, Honda was not involved in Research and Development (R&D) activity and rather was providing market support...
![Honda R&D (India) wasn’t involved in R&D activity and rather was providing market support services to its AE: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Honda-RD-RD-market-support-services-AE-ITAT-Taxscan.jpg "Honda R&D (India) wasn’t involved in R&D activity and rather was providing market support services to its AE: ITAT [Read Order]")
![ITAT disallows Depreciation on Non-Competition Fee [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/ITAT-Depreciation-Non-Competition-Fee-Taxscan.jpg "ITAT disallows Depreciation on Non-Competition Fee [Read Order]")
AMP expenditure of Samsung India Electronics can’t be considered as an International Transaction: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi Bench held that the Advertisement, Marketing and Promotion (AMP) of Samsung India cannot be considered as an international transaction. ...
![AMP expenditure of Samsung India Electronics can’t be considered as an International Transaction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/AMP-expenditure-of-Samsung-India-Electronics-international-transaction-ITAT-samsung-Taxscan.jpg "AMP expenditure of Samsung India Electronics can’t be considered as an International Transaction: ITAT [Read Order]")
![AMP expenditure of Nikon India can’t be considered as an International Transaction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/AMP-expenditure-Nikon-India-International-Transaction-ITAT-AMP-Taxscan.jpg "AMP expenditure of Nikon India can’t be considered as an International Transaction: ITAT [Read Order]")