Income Tax Judgements

Unexplained expenditure which is deemed to be the income of the assessee shall not be allowed as a deduction

Poojitha Raam Vinay 23 September 2021 at 15:02

This appeal filed by the Revenue is directed against CIT(A) - 3, Hyderabad’s order dated 09/12/2016 for AY 2008-09 involving proceedings u/s 143(3) r.w.s. 144 of the Income- Tax Act, 1961

Posted in Income Tax | 131 Views

Can amounts actually paid during the year be disallowed u/s 40(a)(ia) of the Income Tax Act?

Poojitha Raam Vinay 23 September 2021 at 15:02

This appeal filed by the Assessee is directed against CIT (A) – 6, Hyderabad’s order dated 10/02/2017 involving proceedings u/s 143(3) of the Income- Tax Act, 1961; in short “the Act”, on the following grounds of appeal

Posted in Income Tax | 157 Views

Proceedings u/s 144 r.w.s 153A of the Income Tax Act, 1961

Poojitha Raam Vinay 23 September 2021 at 15:01

All these appeals filed by the assessee are directed against CIT(A) - 12, Hyderabad’s separate orders, all dated, 25/02/2021 for AYs 2012-13 to 2018-19 involving proceedings u/s 144 r.w.s 153A of the Income Tax Act, 1961.

Posted in Income Tax | 201 Views

Addition of deemed dividend u/s.2(22)(e) of the Income Tax Act

Poojitha Raam Vinay 23 September 2021 at 15:01

These two appeals are filed by the Revenue against the order dated 30/03/2017 passed by CIT(A)-27, New Delhi for assessment year 2006-07 & 2011-12 respectively.

Posted in Income Tax | 136 Views

Can excise refund be reduced from the cost of plant & machinery?

Poojitha Raam Vinay 23 September 2021 at 15:01

Appellant, ACIT, Central Circle 29, New Delhi (hereinafter referred to as �the Revenue�) by filing the present appeal sought to set aside the impugned order dated 31.01.2018 passed by the Commissioner of Income-tax (Appeals)-30, New Delhi qua the ass

Posted in Income Tax | 114 Views

When is the original notice of demand not required as per Rule 45 of the Income Tax Rules, 1962?

Poojitha Raam Vinay 23 September 2021 at 15:01

This appeal filed by the assessee is directed against the order of the Commissioner of Income Tax (Appeals)-38, Delhi dated 08.08.2017 for Assessment Years 2013-14.

Posted in Income Tax | 136 Views

Disallowance on account of interest on loan for non-deduction of TDS under the Income Tax Act

Poojitha Raam Vinay 23 September 2021 at 15:01

This appeal is filed by the assessee for assessment year 2014-15 against the order passed by the learned Commissioner of Income Tax (Appeals)-1, Gurgaon dated 6th March 2018.

Posted in Income Tax | 124 Views

Disallowance on account of liquidated damages under the Income Tax Act

Poojitha Raam Vinay 23 September 2021 at 15:01

This appeal by Assessee is filed against the order of Learned Commissioner of Income Tax (Appeals)-3, New Delhi, [“Ld. CIT(A)”, for short], dated 25.09.2018 for Assessment Year 2015-16.

Posted in Income Tax | 123 Views

Long Term Capital Gain as Unexplained Cash Credit u/s 68 of the Income Tax Act

Poojitha Raam Vinay 23 September 2021 at 15:01

This appeal by Assessee is filed against the order of Learned Commissioner of Income Tax (Appeals)-9, New Delhi, [�Ld. CIT(A)�, for short], dated 12.10.2018 for Assessment Year 2015-16.

Posted in Income Tax | 114 Views

Disallowance made u/s 14A of the Income Tax Act, 1961 for computing book profit u/s 115JB

Poojitha Raam Vinay 23 September 2021 at 15:01

This appeal by the assessee is preferred against the order of the Commissioner of Income Tax [Appeals] � I, New Delhi dated 29.03.2019 pertaining to assessment year 2014-15.

Posted in Income Tax | 109 Views