Courts: ITAT Mumbai
5,841 articlesIncome Tax

Income Tax
Penalty u/s 271(1)(c) unsustainable in absence of recording of satisfaction
Income Tax

Income Tax
Condonation of delay in filing of appeal granted in absence of malafide or deliberate intention
Income Tax

Income Tax
Foreign Currency Convertible Bond expenses included as FCCB premium expense is allowable
Income Tax

Income Tax
Amendment to section 40(a)(ia) vide Finance (No.2) Act, 2014 effective from AY 2015-2016
Income Tax

Income Tax
Expenses cannot be treated as bogus merely for accounting subsequent to date of search
Income Tax

Income Tax
Stamp duty value on date of allotment is to be taken as per first proviso to section 56(2)(vii)(b)
Income Tax

Income Tax
Non-resident individuals not required to disclose assets held outside India in ITR
Income Tax

Income Tax
Unsustainable Addition: Foreign Exchange Loss – Deduction Previously Allowed
Income Tax

Income Tax
Foreign travel expense of company employees’ spouse who accompanied on official tour is allowable
Income Tax

Income Tax
TDS credit available to Rinfra as both income and TDS credit is transferred by AEML to Rinfra
Income Tax

Income Tax
Taxpayer Lethargy and Non-Compliance Attract Additional Costs: ITAT Mumbai
Income Tax

Income Tax
Deduction u/s 80P(2)(d) duly available on interest income earned from cooperative bank
Income Tax

Income Tax
Denial of Exemption u/s 10(23C)(vi) justified as education not being the sole purpose
Income Tax

Income Tax
