Courts: ITAT Mumbai
5,841 articlesIncome Tax
Income Tax
Mere change of opinion on same facts and law does not justify a reassessment
Income Tax
Income Tax
Recording of satisfaction in assessment order about initiation of penalty is must
Income Tax
Income Tax
Maintenance charges deductible in ALV calculation of Let Out House Property
Income Tax
Income Tax
Additional depreciation eligible on wind turbine generators used for generation of electricity
Income Tax
Income Tax
Deduction U/s. 80-IB(10) not eligible if return not filed within due date, as prescribed U/s. 139(1)
Income Tax
Income Tax
Exemption U/s 54/54F eligible on Basement forming part of residential house
Income Tax
Income Tax
Charitable trust- Set-off of loss of earlier years against current year income is application of Income
Income Tax
Income Tax
No Penalty if AO himself not sure about charge on which penalty was to be levied
Income Tax
Income Tax
Section 40(a)(i) not applicable if No tax is deductible U/s. 195(1)
Income Tax
Income Tax
Exercise of revisional jurisdiction u/s 263 for adjustment of FBT in book profit
Income Tax
Income Tax
No TDS on payment for goods manufactured as per specification on principal-to-principal basis
Income Tax
Income Tax
Expenditure incurred for day-to-day improvement of existing business is capital expense
Income Tax
Income Tax
Shares held as stock-in-trade do not attract dis allowance u/s 14A
Income Tax
Income Tax
