Courts: ITAT Mumbai
5,841 articlesIncome Tax

Income Tax
Addition on matters not related to reasons recorded for reassessment based on fishing enquiry not valid
Income Tax

Income Tax
PCIT cannot form another view on same issue in which AO already satisfied himself & passed order
Income Tax

Income Tax
Tax on Interest Income & commitment fees earned by DZ Bank from its Indian clients
Income Tax

Income Tax
Bogus Iron & steel Purchase : ITAT restricts addition to 4%
Income Tax

Income Tax
Data Processing Cost reimbursement did not constitute ‘Royalty’
Income Tax

Income Tax
No proviso to section 2(15) applies if surplus earned from activities incidental to main object being charitable in nature
Income Tax

Income Tax
Netting off Interest Expenditure against Interest Income in absence of direct relation Not Allowed
Income Tax

Income Tax
Deduction u/s 36(1)(ii) Allowed for Bonus Paid to Directors who are Shareholder of Company
Income Tax

Income Tax
Appeal Against Revisionary Section 263 should be Filed Before Tribunal: ITAT Mumbai
Income Tax

Income Tax
Interest on business advances held as fixed deposit is Business Income
Income Tax

Income Tax
Foreign tax credit available even on income not subjected to tax in India except foreign tax paid in Finland & Canada
Income Tax

Income Tax
TDS not deductible on Agency Commission paid to Overseas Agents not having PE in India
Income Tax

Income Tax
Interest paid on borrowed funds used for business cannot be disallowed
Income Tax

Income Tax
