Courts: ITAT Mumbai
5,841 articlesIncome Tax
Income Tax
No Capital Gain Tax on Sale of accrued FSI/TDR rights to developers
Income Tax
Income Tax
Penalty cannot be imposed for mere wrong claim of TDS
Income Tax
Income Tax
No order of CIT(A) was valid if it failed to comply rule 46A while admitting additional evidences
Income Tax
Income Tax
Compensation for extinction of right to sue was capital receipt not chargeable to tax
Income Tax
Income Tax
Rental income earned by developer is house property Income not business income
Income Tax
Income Tax
Benchmarking of royalty payments without adopting any of prescribed methods by TPO was invalid
Income Tax
Income Tax
Bogus F&O Loss: No protection if client code modifications are tainted with collusive action & manipulations
Income Tax
Income Tax
Bogus F&O Loss proved on large number of sudden client code modifications by broker
Income Tax
Income Tax
Leasehold right allotted against right of agricultural land cannot be considered as agricultural land
Income Tax
Income Tax
Bogus purchases- Only profit element can be added to Income
Income Tax
Income Tax
Bogus Purchases- Only profit of purchase transactions can be added
Income Tax
Income Tax
Addition for income from commodity transactions not justified if supporting details filed
Income Tax
Income Tax
Payment for ‘bandwith services’ not assessable as ‘royalty’ if assessee has no access to any equipment
Income Tax
Income Tax
