Courts: ITAT Mumbai
5,841 articlesIncome Tax

Income Tax
Expense outside Section 24 ambit cannot be claimed against House Property Income
Income Tax

Income Tax
Interest on Bank Overdraft advanced to Sister Concern for Non-Business purpose is not allowable
Income Tax

Income Tax
Prior to A.Y 2015-16 no restriction on number of residential houses U/s. 54
Income Tax

Income Tax
Addition U/s. 68 justified if Genuineness & creditworthiness of donor not proved
Income Tax

Income Tax
Interest U/s. 244A on refund of excess SA tax payable from self-assessment tax payment date
Income Tax

Income Tax
No disallowance U/s. 40(a)(ia) if recipient already paid taxes on sources of income
Income Tax

Income Tax
Agreement date of purchase relevant when physical possession of property given at a later date to Compute Short Term or Long Term Capital Gain
Income Tax

Income Tax
Immovable Property introduction as capital in LLP- Tax will be computed on amount recorded in books of account of firm
Income Tax

Income Tax
ITAT confirms Penalty on admitted bogus purchase to Inflate work in progress
Income Tax

Income Tax
Sec 254(2) Tribunal can’t Review its own order unless there is a Mistake apparent from Records
Income Tax

Income Tax
Business income or capital gains on Purchase & sale of shares- ITAT adopts 30 days theory
Income Tax

Income Tax
ITAT stays demand raised on addition made by CIT(A)
Income Tax

Income Tax
No disallowance U/s. 14A in absence of expenditure to earn exempt income
Income Tax

Income Tax
