Courts: ITAT Mumbai
Find latest ITAT Mumbai judgments, orders and case laws on income tax covering assessments, transfer pricing, international taxation, capital gains, TDS, reassessment and penalties.
Section 271B penalty not attracted if no books of account been maintained
Reopening u/s 148 fails as was based on material which no longer exists as being legally incorrect
ITAT Issues Corrigendum to Rectify Typographical Errors in Deutsche Asset Management’s Case
Deletion based on evidences produced before CIT(A) without giving opportunity to AO violates rule 46A
Addition u/s 68 unsustainable as assessee’s involved in price manipulation not established
TDS in case of ESOP is deductible at time option is exercised and shares are allotted to employees
Addition u/s. 56(2)(viib) by rejection of valuation determined by assessee without referring to DVO unjustified
Technical know-how fee falling under category of royalty eligible for deduction u/s. 80-O
Revisionary proceedings u/s 263 justified as order passed without proper inquiry and verification
Deduction u/s. 80G available on corpus contribution to donee relating to CSR activities
Benefit u/s 35(2AB) available on expenditure on clinical trials outside approved in-house R&D facility
Disallowance of expenditure u/s 14A unjustified without any dividend income from equity investment
ITAT Orders Rs 25,000 Cost Deposit in PM Relief Fund for Assessee’s Non-Compliance
ITAT Invalidates Reopening of Assessment after 4 Year with Approval of JCIT
ITAT Mumbai judgments and orders represent an extensive body of income-tax appellate jurisprudence covering individuals, businesses, companies and other taxpayers. This TaxGuru page brings together decisions relating to assessments, additions, deductions, exemptions, business income, capital gains, transfer pricing, international taxation, TDS, reassessment, unexplained income, penalties and procedural disputes. Chartered Accountants, advocates, companies, taxpayers and tax professionals can use this collection to research ITAT Mumbai precedents and follow important developments under the Income-tax Act. The page includes recent as well as significant earlier Tribunal decisions published on TaxGuru, providing a comprehensive reference point for direct tax case-law research and appellate practice.
