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.
Penalty order u/s 271(1)(c) issued without striking off irrelevant limb is liable to be deleted
Addition under section 41(1) cannot be made Adhoc or on Estimate’s
Revision jurisdiction u/s 263 on mere conjectures, suspicions & surmises not permissible
Expenditure towards CSR disallowed u/s 37 of Income Tax Act
Addition on the basis of mis-reporting of insurance company unsustainable
Indexation from date of acquisition by previous owner available in case of transfer of asset under will
Receipt towards re-fabrication of bushing not taxable under Article 12 of Indo-Singapore tax treaty
Exemption u/s 54F are beneficial provisions and hence are to be construed liberally
Section 10AA of Income Tax Act not prescribed any time limit for export realization
Initiation of penalty proceedings u/s 271(1)(c) without statutory notice is not acceptable
Remuneration to Partner -Supplementary deed operates retrospectively if as per law
AO cannnot review assessment order-Reassessment order quashed
Mere change of opinion not valid for reopening of assessment u/s 148
Interest u/s 36(1)(iii) allowed as deduction even for purchase of Capital Asset
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.
