Courts: ITAT Mumbai
5,841 articlesIncome Tax

Income Tax
Exemption u/s. 54 is available even in respect of two house property / flats
Income Tax

Income Tax
Cessation of liability U/s. 41(1) cannot be presumed, merely because liability remained unpaid for a period of 3 years
Income Tax

Income Tax
No seizure of Jewellery If gross weight disclosed in regular return exceeds jewellery found during search
Income Tax

Income Tax
In case of jointly owned property interest is allowable to the extent of share in property
Income Tax

Income Tax
Amount paid to RMCs for Foreign Currency Purchase cannot be treated as Commission liable to TDS
Income Tax

Income Tax
TDS not required to be deducted on estimation of expenses
Income Tax

Income Tax
CIDCO not Liable to pay Tax for the Income Earned by it as an Agent of Maharashtra Govt: ITAT
Income Tax

Income Tax
Requirement to file return electronically but filed manually- Claim for set-off and carry forward of losses
Income Tax

Income Tax
Taxability of Capital gain on Sale of booking rights of flat
Income Tax

Income Tax
Penalty cannot be imposed U/s. 271(1)(c) in absence of recording of satisfaction by AO
Income Tax

Income Tax
Deduction U/s. 80-IB(10) not available in case of Delay in filing return
Income Tax

Income Tax
Common Area Maintenance and non-occupancy charges paid are deductible from rent in computation of ‘Annual Letting Value’ u/s 22
Income Tax

Income Tax
Section 14A r.w. Rule 8D cannot be interpreted to mean disallowance of entire tax exempt income
Income Tax

Income Tax
