Courts: ITAT Mumbai
5,841 articlesIncome Tax
Income Tax
Interest on loan borrowed for project held as stock-in-trade is revenue expenditure
Income Tax
Income Tax
Income of royalty/ licence fees distributed amongst members is not taxable in company’s hand
Income Tax
Income Tax
Section 194H TDS not deductible on payment of credit card commission to banks
Income Tax
Income Tax
Dividends on Indian Depository Receipts not taxable in terms of Indo-Mauritius tax treaty
Income Tax
Income Tax
Denial of exemption u/s. 11 on the basis of general statement is unsustainable
Income Tax
Income Tax
Addition based on typographical error unsustainable
Income Tax
Income Tax
Perquisite and TDS will be computed based on fair market value determined by merchant banker
Income Tax
Income Tax
Disallowance u/s 14A cannot exceed exempt income amount
Income Tax
Income Tax
Rule of consistency needs to be followed by the department
Income Tax
Income Tax
TPO cannot question need or prudence for making payment of the expenditure
Income Tax
Income Tax
Addition u/s 68 justified as genuineness and creditworthiness of investing companies doubtful
Income Tax
Income Tax
Provisions of section 50C doesn’t apply as development rights transferred before 1st April 2003
Income Tax
Income Tax
Assessment framed u/s 144 instead of section 153C liable to be quashed
Income Tax
Income Tax
