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.
Receipt of payment for mere allowing customer/users to access database not amounts to Royalty
Right to receive annuity on toll road eligible for depreciation
Pension to wholetime Directors allowable as business deduction
Exceptions in low Tax effect circular not applicable to Penalty appeals
Addition of notional rent in respect of unsold flats held as stock-in trade is not valid
Addition based on sole foreign source, without confronting the assessee, is unsustainable
Section 54F exemption eligible despite dispute or delay in getting flat
Ex-Parte Order- Limitation period to be counted from the date of communication or knowledge, actual or constructive
Undisclosed foreign bank account is an asset in terms of section 2(11) of Black Money Act
Existence of a DAPE is wholly tax neutral
Reopening quashed due to change in opinion as final order confirmed addition u/s 68 instead of alleged section 56
CIT cannot revise issue which is beyond the scope of rectification
Section 153A assessment invalid if section 153D approval granted in Mechanical manner
Severance pay received for loss of job was to be treated as capital receipt
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.
