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.
Interest disallowance Justified if Commercial Expediency not established
Stamp duty, registration charges on Transfer of Capital Assets Allowable
Metal Purchases from grey market- ITAT upheld 12.5% Addition
No capital gain tax in absence of transfer of shares
Income from Amenities forming Part & Parcel of Building taxable as House Property Income
Interest expense having nexus with earned interest income allowable
100% Addition for Bogus Purchase not sustainable if Sales were accepted by AO
Risk adjustment / Benchmarking of international transactions- ITAT Remands case back to AO
ITAT Allowed Deduction of Municipal Taxes on Area Not Leased Out
Liaison Office & Land Earth Station not Constitute PE in India
No section 36(1)(iii) disallowance unless Direct Nexus between Borrowed Funds & Capital Withdrawals
AO cannot made additions by ignoring method of accounting
No transfer in absence of performance of obligations by Assessee- sale of development rights under JV
Section 14A disallowance not applicable to Insurance Companies
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.
