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.
Catalyst used as consumables is allowable revenue expenditure
Addition of difference in stock & valuation report without credible evidence is unsustainable
Not Striking Out of Irrelevant Ground Vitiates Section 271(1)(c) Penalty Proceedings
Invocation of revisional jurisdiction u/s 263 on mere conjectures, suspicions and surmises, is impermissible
Start-up company incurring cost for branding prior to product launch is allowable expenditure
Section 263 notice issued to a person after his death is invalid
Interest paid on loan for acquiring commercial property is fully deductible
Section 54 Exemption- Allotment Letter date can be treated as Acquisition date
ITAT allows foreign tax credit as assessee submitted letter by Tax authorities
TDS u/s 194C not deductible on security charges as it involves only supply of manpower
Unexplained Difference in amount specified in Form 26AS & returns – ITAT upheld addition
Revisionary power u/s 263 not invocable as facts already examined by AO
Denial of foreign tax credit merely for delay in filing Form No. 67 is unjustifiable
Reopening of assessment u/s 147 without cogent reasoning is untenable
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.
