Courts: ITAT Mumbai
5,841 articlesIncome Tax
Income Tax
Reopening quashed due to change in opinion as final order confirmed addition u/s 68 instead of alleged section 56
Income Tax
Income Tax
CIT cannot revise issue which is beyond the scope of rectification
Income Tax
Income Tax
Section 153A assessment invalid if section 153D approval granted in Mechanical manner
Income Tax
Income Tax
Severance pay received for loss of job was to be treated as capital receipt
Income Tax
Income Tax
Scheme of tax treaties limits the rights of taxation either to residence or to source jurisdiction
Income Tax
Income Tax
Search Assessment- No addition if no Incriminating Material Found during Search
Income Tax
Income Tax
Bogus purchases: Entire purchases cannot be taxed
Income Tax
Income Tax
Penalty not leviable when serious financial constraint prohibited assessee from discharging self-assessment tax
Income Tax
Income Tax
No special audit if CIT grants approval mechanically to extend limitation period
Income Tax
Income Tax
PCIT can exercise section 263 powers only in respect of original assessment
Income Tax
Income Tax
Depreciation allowed on new server, storage and accessories procured during the year on lease
Income Tax
Income Tax
Amount, not qualifying as royalty or FTS, not taxable under Article 12(2) of India-Singapore DTAA
Income Tax
Income Tax
Income Tax Exemption can’t be denied to BCCI merely because IPL is structured in more Profitable Manner
Income Tax
Income Tax
