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.
Denial of exemption u/s. 11 on the basis of general statement is unsustainable
Addition based on typographical error unsustainable
Perquisite and TDS will be computed based on fair market value determined by merchant banker
Disallowance u/s 14A cannot exceed exempt income amount
Rule of consistency needs to be followed by the department
TPO cannot question need or prudence for making payment of the expenditure
Addition u/s 68 justified as genuineness and creditworthiness of investing companies doubtful
Provisions of section 50C doesn’t apply as development rights transferred before 1st April 2003
Assessment framed u/s 144 instead of section 153C liable to be quashed
Non-resident reinsurance business profit has no tax implication in India
Information gathered by TPO using authority u/s 133(6) should be provided to assessee
Software Development Expenditure for services to clients is Revenue expense
Non granting of TDS credit & Foreign Taxes Paid credit – ITAT refers matter back to AO
ITAT set-aside Assessment Order Passed against Non-Existing Entity
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.
