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.
No revision in case investments of assessee trust complying with section 11(5) & section 13(1)(d)
PCIT cannot invoke revisional jurisdiction on issue, which AO could not examine in reassessment proceedings
Cess allowable in computation of Income from Business or Profession
Interest allowed U/s. 24(b) cannot be allowed as part of cost of acquisition
CIT cannot expand limited scrutiny by section 263 Order
Section 263 Revisional Jurisdiction not permitted to traverse beyond jurisdiction vested with AO
ITAT Allows Foreign Tax Credit under Indo-Japanese Tax Treaty to Law Firm
Education cess paid on Income Tax & surcharge eligible for section 37(1) deduction
ITAT deletes addition for Notional Rent on Property lying vacant
ALP computed by adopting lending rate of banks in India is not sustainable
Addition on matters not related to reasons recorded for reassessment based on fishing enquiry not valid
PCIT cannot form another view on same issue in which AO already satisfied himself & passed order
Tax on Interest Income & commitment fees earned by DZ Bank from its Indian clients
Bogus Iron & steel Purchase : ITAT restricts addition to 4%
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.
