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 deduction allowable if domestic law prohibits the same
Opting Legal Lowest tax liability alternative not amounts to Tax Evasion
Tax on payment by Indian company to foreign celebrity for appearance outside India
Expense with no business expediency on greeting politicians not allowable
No Section 11 exemption denial if cancelled registration was restored
Depreciation allowable on payment of non-compete fee
No disallowance of depreciation if assets were not put to use because of Strike by workers
Property tax reimbursed to licensor cannot be treated as tax for Section 43B
Addition for bogus purchase only to the extent of lower GP declared
Bogus Purchase- Addition should be on the basis of GP of assessee
Interest against House Rent from Children used Jointly allowable
Rent received as per option agreement is taxable as other income
Service tax & reimbursement of equipment Lost in Hole not forms part of total turnover in computing income u/s 44BB
Section 11(2) exemption cannot be denied for mere non submission of Form 10 electronically
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.
