Financial Software and System Pvt. Ltd. v. DCIT In the Income Tax Appellate Tribunal ITA 2126-2127/CHNY/2019 Before Mr I.R. Rao (Accountant Member) and Mr D.R.L. Reddy (Judicial Member) Decided on March 17, 2020 Relevancy of the Case: Depreciation rate on … Read More
Benjamin Franklin has rightly said – Nothing is certain except death and taxes. While no one can run away from taxes, one can always try to decrease the total tax liability. Depreciation rate allowance is one of the ways to reduce … Read More
Tata Communications Ltd. v. Addl. CIT In the Income Tax Appellate Tribunal at Mumbai I.T.A. 1387/Mum/2008 & 1106/Mum/2008 Before Mr Vijay Pal Rao, Judicial Member and Mr Narendra Kumar Billaiya, Administrative Member Decided on March 7, 2014 Relevancy of the … Read More
Commissioner of Income Tax v. OCHOA Laboratories Ltd. In the Income Tax Appellate Tribunal, Delhi ITA No. 4114/Del/2009 Before Mr H.S. Sidhu, JM and Mr O.P. Kant, AM Decided on August 25, 2017 Relevancy of the case: Whether a depreciation … Read More
IBAHN India Pvt. Ltd. v. CIT In the Income Tax Appellate Tribunal at Mumbai ITA 4932/Mum/2015 Before Mr Joginder Singh, Judicial Member Decided on January 11, 2016 Relevancy of the case: Whether switches and routers fall within the ambit of … Read More
Income Tax Officer v. Vaidangi Techno Management Consultants Pvt. Ltd. In the Income Tax Appellate Tribunal, Jaipur ITA 1078/JP/2016 Before Mr Kul Bharat, Judicial Member, and Mr Vikram Singh Yadav, Administrative Member Decided on July 11, 2017 Relevancy of the … Read More