ITAT Delhi Judgments — September 2018

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that as per CBDT Circular No. 03 of 2018, appeals with a tax effect below Rs. 20,00,000 are not maintainable. Consequently, the appeals were dismissed without going into their merits.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that as per CBDT Circular No. 03 of 2018, appeals with a tax effect below Rs. 20,00,000 are not maintainable. Consequently, the appeals were dismissed without going into their merits.

The Tribunal dismissed the assessee's grounds of appeal concerning the capitalization of legal and professional fees, disallowance under Section 40(ia), and disallowance under Section 14A. The Revenue's appeal was dismissed due to the tax effect being below the monetary limit specified in CBDT circulars, as per Section 268A of the Income Tax Act.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that the disallowance under Section 14A cannot exceed the actual amount of exempt income received. Therefore, the disallowance was restricted to Rs. 4,280.

The Tribunal held that as per CBDT Circular No. 03 of 2018, appeals with a tax effect below Rs. 20,00,000 are not maintainable. Consequently, the appeals were dismissed without going into their merits.

The Tribunal held that the AO made additions without any basis, relying solely on third-party statements without cogent direct material. Therefore, the additions could not be sustained.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that income from units eligible for deduction under Section 10AA is not exempt but eligible for deduction. Therefore, losses from such units can be set off against normal business income. The amendment to Section 10A was considered declaratory and retrospective.

The Tribunal held that as per CBDT Circular No. 03 of 2018, appeals with a tax effect below Rs. 20,00,000 are not maintainable. Consequently, the appeals were dismissed without going into their merits.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that as per CBDT Circular No. 03 of 2018, appeals with a tax effect below Rs. 20,00,000 are not maintainable. Consequently, the appeals were dismissed without going into their merits.

The Tribunal held that the AO made additions without any basis, relying solely on third-party statements without cogent direct material. Therefore, the additions could not be sustained.

The Tribunal found that the assessee's claim of receiving the property as a gift, supported by an affidavit, could not be dismissed. It was of the view that the facts were not properly appreciated and a human error occurred in preparing the document.

The Tribunal held that as per CBDT Circular No. 03 of 2018, appeals with a tax effect below Rs. 20,00,000 are not maintainable. Consequently, the appeals were dismissed without going into their merits.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal noted that the assessee was already registered under Section 12AA. The appeals concerning denial of exemption were set aside to the Assessing Officer to be decided afresh after the CIT(E) decides on the registration issue.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that as per CBDT Circular No. 03 of 2018, appeals with a tax effect below Rs. 20,00,000 are not maintainable. Consequently, the appeals were dismissed without going into their merits.

The Tribunal held that as per CBDT Circular No. 03 of 2018, appeals with a tax effect below Rs. 20,00,000 are not maintainable. Consequently, the appeals were dismissed without going into their merits.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that as per CBDT Circular No. 03 of 2018, appeals with a tax effect below Rs. 20,00,000 are not maintainable. Consequently, the appeals were dismissed without going into their merits.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that the disallowance under Section 14A cannot exceed the actual amount of exempt income received. Therefore, the disallowance was restricted to Rs. 4,280.

The Tribunal held that the CBDT circular is binding on the tax authorities. Since the tax effect in the instant appeals was below Rs. 20 lakhs and no exceptional circumstances were identified, the appeals were deemed not maintainable.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that as per CBDT Circular No. 03 of 2018, appeals with a tax effect below Rs. 20,00,000 are not maintainable. Consequently, the appeals were dismissed without going into their merits.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that as per CBDT Circular No. 03 of 2018, appeals with a tax effect below Rs. 20,00,000 are not maintainable. Consequently, the appeals were dismissed without going into their merits.

The Tribunal held that as per CBDT Circular No. 03 of 2018, appeals with a tax effect below Rs. 20,00,000 are not maintainable. Consequently, the appeals were dismissed without going into their merits.

The Tribunal held that as per CBDT Circular No. 03 of 2018, appeals with a tax effect below Rs. 20,00,000 are not maintainable. Consequently, the appeals were dismissed without going into their merits.

The Tribunal held that as per CBDT Circular No. 03 of 2018, appeals with a tax effect below Rs. 20,00,000 are not maintainable. Consequently, the appeals were dismissed without going into their merits.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that as per CBDT Circular No. 03 of 2018, appeals with a tax effect below Rs. 20,00,000 are not maintainable. Therefore, the appeals were dismissed without going into the merits of the cases.

The Tribunal held that as per CBDT Circular No. 03 of 2018, appeals with a tax effect below Rs. 20,00,000 are not maintainable. Consequently, the appeals were dismissed without going into their merits.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.

The Tribunal held that the CBDT circular is binding on the Income Tax authorities. Since the tax effect in these appeals was below the prescribed monetary limit and no exceptions were found, the appeals were deemed not maintainable.