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.
Penalty u/s 271D/ 271E deleted on basis of reasonable cause
Section 56(2)(viib) or Rule 11UA not provides for rounding off of FMV of Shares
NFAC should allow hearing via video conferencing under Faceless Appeals Scheme
Income of Estate of Deceased Assessee taxable at normal slab rates
Interest income to be taxed @10% as per India-Japan DTAA
Order of CIT(A) not valid it it merely followed certain case laws without discussing nature of expenses
Departmental appeal rejected by ITAT as monetary tax amount less than 50 Lakhs
Capital gain not payable on partition or family settlement
Deduction u/s 80IB(10) allowed on the basis of substantial compliance
Purpose & object remained same after amendment to object clause, cancellation of Trust registration unjustified
ITR and Bank Statements are sufficient to prove creditworthiness under Section 68: ITAT
Discount on issue of ESOP is allowable expenditure u/s 37(1)
Provision for expenses is an ascertained liability & eligible for deduction
No addition for loss treated as non-genuine if same is not been claimed by Assessee in his computation of Income
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.
