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.
Section 263 jurisdiction not invocable if order passed by AO not prejudicial to interest of revenue
Addition untenable as interest-bearing funds not used for advancing interest-free funds
Referral commission paid to doctors is not allowable as Business expenditure
No penalty for non-furnishing of segmental details of AE & non-AE transactions due to practical difficulties
CPC has no jurisdiction u/s 143(1) when decisions are in favour of assessee
No undisclosed income if source of cash Loan was on record
Sewage tax claimed as business expenses, refund to be taxed under business income
No section 68 addition for Cost of purchase of penny stock shares
TDS credit, not eligible in the year under consideration, allowed in the year tax deducted
Disallowance u/s 43B unsustainable as interest paid via OD/CC account
Treatment of arrears of interest as cash credit- ITAT remands matter back to AO
It is not at whim or fancy of a Tax authority to decide as to what constitutes beneficial ownership
Offshore distribution commission income is business income
Addition u/s 68 sustained for LTCG exemption from bogus co. share
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.
