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.
Income from shareholders’ account taxable as life insurance business
Interest Income not to be assessed When Assessee is Non-Resident: ITAT
Setting Off of business loss against Dividend Received from Foreign Subsidiary was allowable
Bad debts from credit card business is allowable as deduction u/s 36(1)(vii) of the Income Tax Act
Reopening of assessment bad in law as details were already available with AO
TDS u/s 195 not attracted on payment towards buy-back of shares as per Indo-Singapore DTAA
Jurisdictional High Court decision is binding on subordinate Tribunal and courts
Purchase of asset not claimed as application of income hence depreciation cannot be disallowed u/s 11(6)
Income Tax exemption claim allowed without examination – Section 263 revision order valid
Non-technical consultancy service not taxable as Fees for Included Services
Stamp duty value on date of agreement is to be considered, if date of agreement fixing consideration and registration is different
Reopening of assessment on incorrect assumption is invalid
Order passed beyond limitation period by TPO u/s 92CA(3A) is unsustainable
Deduction for telecommunication service is available in respect of ‘profit of eligible businesses’
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.
