Courts: ITAT Mumbai
5,841 articlesIncome Tax

Income Tax
Disallowance u/s 14A restricted to the extent of exempt income
Income Tax

Income Tax
Addition u/s 68 sustained as genuineness of the transaction not proved
Income Tax

Income Tax
Penalty not leviable as disallowance u/s 14A made on estimate basis
Income Tax

Income Tax
Deduction u/s 80P(2)(d) is available on entire interest income which includes amount credited to balance sheet
Income Tax

Income Tax
AO obliged to refer matter to valuation officer when appellant objects to adoption of stamp duty value as full value of consideration
Income Tax

Income Tax
Reassessment proceedings within limitation period specified under 149(1) is valid
Income Tax

Income Tax
Taxability of Rent for Alternative Accommodation and Hardship Allowance
Income Tax

Income Tax
Transfer Pricing: Assessee can resile from Most Appropriate method selected earlier
Income Tax

Income Tax
Section 270A penalty Not Sustainable: Lack of Application of Mind & Violation of Principles of natural justice
Income Tax

Income Tax
Addition towards bogus purchases unsustainable if bogus purchases shows higher gross profit than regular
Income Tax

Income Tax
Joint ownership cannot stand in way of claiming exemption u/s 54F
Income Tax

Income Tax
Increase in business income due to addition of concealed production not eligible for deduction u/s 80IB
Income Tax

Income Tax
Receipt of fabrication charges from Associate Enterprise outside the purview of FTS
Income Tax

Income Tax
