Judgement

The ITAT Delhi holds that expenditure not claimed in the Profit & Loss Account cannot be disallowed due to delayed deduction of TDS.



ITAT Rules No Disallowance Under Section 40(a)(ia) if Interest Expense is Capitalised as Work-in-Progress 

Tribunal holds TDS threshold applies per game and Section 40(a)(ia) cannot disallow non-expense payouts.

ITAT: Section 40(a)(ia) Cannot Disallow Player Winnings Not Claimed as Business Expense

Tribunal rules that clerical errors in tax audit reports cannot lead to double disallowance when the assessee has already complied with Section 40(a)(ia)

ITAT: No Addition for Typo in Tax Audit Report When Taxpayer Has Already Made Voluntary TDS Disallowance

ITAT affirms CIT(A)’s Order, holding arbitration award as software sales, forex gains as eligible under Section 10A, and deleting disallowance under Section 40(a)(ia)

ITAT Upholds Section 10A Deduction on Software Sales, Forex Gains & Rejects TDS Disallowance

Provisions of section 40(a)(ia) of Income Tax cannot be invoked in event of short deduction of TDS: ITAT

2nd Proviso to Section 40(a)(ia) of Income Tax has retrospective effect: ITAT The Income Tax Appellate Tribunal (ITAT) in the matter of Assi

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ITAT Rules No Disallowance Under Section 40(a)(ia) if Interest Expense is Capitalised as Work-in-Progress

ITAT: Section 40(a)(ia) Cannot Disallow Player Winnings Not Claimed as Business Expense

ITAT: No Addition for Typo in Tax Audit Report When Taxpayer Has Already Made Voluntary TDS Disallowance

ITAT Upholds Section 10A Deduction on Software Sales, Forex Gains & Rejects TDS Disallowance

Provisions of section 40(a)(ia) of Income Tax cannot be invoked in event of short deduction of TDS: ITAT

2nd Proviso to Section 40(a)(ia) of Income Tax has retrospective effect: ITAT