S. 69 : Unexplained investment –Undisclosed income-Merely on the basis of AIR information and ITS data addition cannot be made. [S.131, 133(6), 143(3)]
Dy.CIT v. Deloitte Touche Tohmatsu India (P) Ltd. (2018) 193 TTJ 65 (UO) (Mum.)(Trib.)S. 69 : Unexplained investment –Undisclosed income-Merely on the basis of AIR information and ITS data addition cannot be made. [S.131, 133(6), 143(3)]
Dy.CIT v. Deloitte Touche Tohmatsu India (P) Ltd. (2018) 193 TTJ 65 (UO) (Mum.)(Trib.)S. 44BBB : Foreign companies-Civil construction-Turnkey power projects -Books of account maintained–Applicability of presumptive taxation cannot be thrust upon the assessee.[ S.44AA, 44AB, 44BBB,145 (3)]
ADIT(IT) v. Shandong Tiejun Electric Power Engineering Co. Ltd. (2018) 193 TTJ 483 (Ahd.)(Trib.)S. 40(a)(ia) : Amounts not deductible-Deduction at source– Interest–Commission–Brokerage-Insurance commission–Reinsurance premium from various insurance companies–Not liable to deduct tax at source.[S. 194D]
ACIT v. United India Insurance Co. Ltd. (2018) 67 ITR 191 /195 TTJ 65 (UO) (Chennai)(Trib.)S. 40(a)(i) : Amounts not deductible-Deduction at source-Non-resident–Reimbursement of expenses–Not liable to deduct tax at sources.
ACIT v. United India Insurance Co. Ltd. (2018) 67 ITR 191 /195 TTJ 65 (UO) (Chennai)(Trib.)S. 40(a)(i) : Amounts not deductible-Deduction at source-Non-resident-Re-insurance Premium—Liable to deduct tax at source– Disallowance is held to be justified.
ACIT v. United India Insurance Co. Ltd. (2018) 67 ITR 191 /195 TTJ 65 (UO) (Chennai)(Trib.)S. 40(a)(i) : Amounts not deductible-Deduction at source-Non-resident–No business connection in India–Reimbursement of expenses–Matter remanded-DTAA-India–Bangladesh-Nepal.
Philip Morris Services India S.A. v. ACIT (2018) 172 DTR 192 / 66 ITR 97 /(2019) 197 TTJ 128 (Delhi)(Trib.)S. 37(1) : Business expenditure—Payment to motor car dealers- Genuineness of payment was not in doubt- Disallowances cannot be made.
ACIT v. United India Insurance Co. Ltd. (2018) 67 ITR 191 / 195 TTJ 65 (UO) (Chennai)(Trib.)S. 37(1) : Business expenditure—Provision towards Employees Short Term Benefits–Held to be not allowable as deduction.
ACIT v. United India Insurance Co. Ltd. (2018) 67 ITR 191 / 195 TTJ 65 (UO) (Chennai)(Trib.)S. 37(1) : Business expenditure—Compensation payable—Unascertainable liability—Not allowable as deduction.[S. 145]
ACIT v. United India Insurance Co. Ltd. (2018) 67 ITR 191 /195 TTJ 65 (UO) (Chennai) (Trib.)S. 37(1) : Business expenditure–Club an Membership subscription- Held to be allowable deduction.
Dy.CIT v. Deloitte Touche Tohmatsu India (P) Ltd. (2018) 193 TTJ 65 (UO) (Mum.)(Trib.)