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.
In absence of evidence that transactions were bogus, LTCG declared by assessee cannot be doubted
Addition for Notional annual value of property/part of property held as stock-in-trade
ITAT allowed provisions of warranty claimed as expenditure
Provision after due diligence cannot be said to be adhoc provision
Section 14A disallowance cannot exceed income earned by Assessee
AMP expenditure is not an international transaction
Mere Rejection of section 35D claim not amounts to Concealment of Income
Section 271(1)(c) Penalty proceedings not sustainable if not specifies Limb
Assessee can choose to follow either IT act provisions or DTAA
No section 14A Disallowance if There is No Exempt Income
Keyman Insurance Policy Maturity Value Taxable as Income From Other Sources
AO to examine section 79 only in year in which assessee claims set off of losses
Section 69: Entire purchases cannot be added as bogus
Expense related to dropped ADR listing plan allowable as revenue
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.
