Courts: ITAT Mumbai
5,841 articlesIncome Tax

Income Tax
Section 50C Addition Cannot be Made by CPC Under Section 143(1)
Income Tax

Income Tax
Adoption of stamp duty valuation u/s 50C without making reference to DVO unsustainable
Income Tax

Income Tax
Non-striking on irrelevant limb u/s 271(1)(c) vitiates entire penalty proceedings
Income Tax

Income Tax
ITAT Mumbai Allows MAT Credit & Carry Forward of Capital Loss in Demerger
Income Tax

Income Tax
Bogus Purchase: ITAT Mumbai restricts profit element of purchases at 4%
Income Tax

Income Tax
Finance costs having direct nexus with business is allowable as deduction u/s 36(1)(iii)
Income Tax

Income Tax
TP adjustment deleted as rates on which power is available via Indian Energy Exchange cannot be applied
Income Tax

Income Tax
Addition towards inadequate reflection of stock unsustainable as assessee is only a commission agent
Income Tax

Income Tax
Provision of technical service outside India and foreign expense on telecommunication not excludible from export turnover for section 10A
Income Tax

Income Tax
ITAT Mumbai Deletes Addition of Share Application Money – Identity, Creditworthiness & Genuineness Proved
Income Tax

Income Tax
ITAT Mumbai restricts addition to 7% of of value of bogus purchases
Income Tax

Income Tax
ALP of guarantee commission determined @0.3523% instead of 1.25%
Income Tax

Income Tax
Estimating rental value of unsold flats and notionally computing annual letting value unjustified
Income Tax

Income Tax
