ITAT Allows Mine Development Expenses as Revenue Expenditure Under Section 37

ITAT Allows Mine Development Expenses as Revenue Expenditure Under Section 37 The Bangalore Bench of the Income Tax Appellate Tribunal […]

ITAT Deletes Disallowance on OYO’s Assured Margin Payments, Holds Them Revenue Expenditure

ITAT Deletes Disallowance on OYO’s Assured Margin Payments, Holds Them Revenue Expenditure The Delhi Bench of the Income Tax Appellate […]

ITAT Quashes Assessment for Invalid Section 143(2) Notice; Grants Multiple Reliefs to Assessee

ITAT Quashes Assessment for Invalid Section 143(2) Notice; Grants Multiple Reliefs to Assessee The assessee, ABC India Limited, filed its […]

Loan Write Off To Subsidiary Disallowed For Lack Of Commercial Prudence

ITAT: Loan Write Off To Subsidiary Disallowed For Lack Of Commercial Prudence The appellant, Matrix Clothing Pvt. Ltd., is a […]