Courts: ITAT Mumbai
5,841 articlesIncome Tax

Income Tax
ITAT upheld addition of 100% of Bogus Purchases
Income Tax

Income Tax
No addition of receipt of unsecured loans if identity, creditworthiness & genuineness of same proved
Income Tax

Income Tax
Mechanical Addition for fictitious loss by Client Code Modification not sustainable
Income Tax

Income Tax
Receipt of share capital with higher premium cannot be added as unexplained credit on mere suspicion
Income Tax

Income Tax
Bonus to director for services rendered when he was not a shareholder allowable
Income Tax

Income Tax
Reassessment based on Vague reasons without application of mind is invalid
Income Tax

Income Tax
ITAT allows tax relief of Rs. 5 crore to actor Shilpa Shetty
Income Tax

Income Tax
No addition of unexplained credit u/s 68 without prima-facie enquiry by AO
Income Tax

Income Tax
No deemed rent u/s 23(1)(a) if actual rent received or receivable is less than ALV
Income Tax

Income Tax
Section 234E fee for delay in TDS statement filing leviable on each flat purchase instead of single transaction
Income Tax

Income Tax
Holding Period for LTCG: Allotment Date Vs. Date of execution of agreement
Income Tax

Income Tax
Share capital addition with premium on mere surmises / conjectures unjustified
Income Tax

Income Tax
For Section 54 exemption compute holding period from asset acquisition date
Income Tax

Income Tax
