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.
Exemption u/s 54 duly available as construction of residential house completed within 3 years
Expenditure for acquisition of individual club membership is not allowable
Addition due to mismatch in 26AS and in books of account unsustained as difference duly explained
Order passed without considering documents furnished is liable to be remanded back
TDS Credit on House Property Sale allowed to HUF despite deduction in Individual Account
Deduction u/s 80G duly allowable even if expense is incurred for CSR
Provisions of section 14A r.w.r. 8D cannot be invoked in absence of any exempt income
Time-Barred TPO Order Renders Assessee Ineligible
Profit before depreciation is to be considered as Profit Level Indicator for transfer pricing analysis
Disallowance towards delayed payment of PF & ESIC unjustified as amount paid before due date of return u/s 139(1)
Addition based on rough notes with corroborative evidence sustained
Extended time limit not available as assessee ceases to be an ‘eligible assessee’
Dividend earned from Egypt would not be taxable in India as per DTAA: ITAT
Reasonable addition estimated on the basis of 5% bogus purchase sustained
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.
