Courts: ITAT Mumbai
5,841 articlesIncome Tax

Income Tax
Revisionary order u/s 263 without giving finding that profit declared is erroneous is untenable
Income Tax

Income Tax
AO not considered Unsigned Reply: ITAT Directs Re-adjudication
Income Tax

Income Tax
Arm’s Length Price of Employee Stock Option Plan cannot be taken as NIL
Income Tax

Income Tax
No addition on account of Royalty Income received by UK Telecom Company from Indian Telecom Company for rendering roaming services to customers abroad
Income Tax

Income Tax
Interest expense incurred for funds borrow to introduce capital is allowable as expenditure against remuneration income
Income Tax

Income Tax
Addition u/s. 69C treating share transactions as bogus only based on statement of broker unsustainable
Income Tax

Income Tax
Leave & License Fee assessable under Profits & Gains of Business
Income Tax

Income Tax
Penalty not warranted as non-reflection of foreign assets in return not malafide
Income Tax

Income Tax
ITAT Imposes ₹5,500 Cost on Assessee for Non-Appearance Before CIT(A)
Income Tax

Income Tax
Receipts taxable under FTS/FIS on failure to prove basis of cost allocation
Income Tax

Income Tax
Transfer of goodwill taxable under Capital Gain and not business income
Income Tax

Income Tax
Expenditure towards brand reminder, customer gifts, purchase of medical books and journals not allowable u/s 37(1)
Income Tax

Income Tax
Section 40A(2) governs allowability of expenditure relating to specified domestic transaction
Income Tax

Income Tax
