Courts: ITAT Mumbai
5,841 articlesIncome Tax

Income Tax
Income derived from property is taxable as ‘Income from House Property’
Income Tax

Income Tax
Date of possession can be taken as Date of Acquisition to claim S. 54 Benefit
Income Tax

Income Tax
No Penalty when Assessee disclosed all facts in COI filed with ROI
Income Tax

Income Tax
Periodical lease rent cannot be equated with lump-sum payment for land acquisition
Income Tax

Income Tax
Deduction of unrealized cost due to cancellation of contract
Income Tax

Income Tax
CIT cannot pass a revision order unless assessee is given opportunity of being heard
Income Tax

Income Tax
Remuneration paid to managing director in previous year cannot be a criterion for invoking provisions of section 40A(2)section 40A(2)
Income Tax

Income Tax
For Capital gain date of asset ‘held’ is to be considered and not the date of obtaining absolute legal ownership
Income Tax

Income Tax
Block Assessment invalid if no Satisfaction recorded by AO of Searched Party
Income Tax

Income Tax
PMS fee not allowable while computing capital gain on Sale of shares
Income Tax

Income Tax
No transfer on Gift of share in property against cash gift under Family settlement
Income Tax

Income Tax
Period of holding whether to be reckoned from purchase agreement registration date or stamp date
Income Tax

Income Tax
Compensation/damage for settlement of dispute is capital receipt
Income Tax

Income Tax
