Judgement

The ITAT Ahmedabad held Herbalife Distributor’s commission to wife’s concern cannot be restricted merely by comparing with ayurvedic businesses.


ITAT Deletes Commission Disallowance Under Section 40A(2)(b) for Lack of Comparable Basis

The ITAT Ahmedabad rules Harsha Engineers’ processing fee claim requires examination of borrowing purpose and capital asset nexus.

ITAT Remits Rs. 93.34 Lakh Processing Fee Disallowance for Fresh Adjudication

ITAT remands Rs 4.90 crore depreciation disallowance dispute to CIT(A), directing fresh adjudication after considering the assessee’s natural justice grievance.

Natural Justice Breach: ITAT Sets Aside CIT(A)'s Order, Remands Rs 4.90 Crore Depreciation Dispute

The ITAT Delhi directed CIT(A) to provide three effective opportunities before deciding depreciation claim.

ITAT Remits Bogus Depreciation Disallowance for Fresh Adjudication 

The ITAT Mumbai finds no reason for Section 154 Rectification and deleted the disallowance.

ITAT Holds Partner Remuneration Allowable Where Partnership Deed Authorises Payment

ITAT dismisses Revenue’s appeal, upholds Section 80IA(4) deduction along with relief on Rs. 53.34 crore bad and doubtful debt disallowance.

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ITAT Deletes Commission Disallowance Under Section 40A(2)(b) for Lack of Comparable Basis

ITAT Remits Rs. 93.34 Lakh Processing Fee Disallowance for Fresh Adjudication

Natural Justice Breach: ITAT Sets Aside CIT(A)'s Order, Remands Rs 4.90 Crore Depreciation Dispute

ITAT Remits Bogus Depreciation Disallowance for Fresh Adjudication

ITAT Holds Partner Remuneration Allowable Where Partnership Deed Authorises Payment

ITAT Deletes Rs 53.34 Crore Bad Debt Disallowance and Upholds Section 80IA(4) Deduction