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.
Depreciation on Office Premises assessed as House Property Income?
No Capital Gain Tax on Sale of accrued FSI/TDR rights to developers
Penalty cannot be imposed for mere wrong claim of TDS
No order of CIT(A) was valid if it failed to comply rule 46A while admitting additional evidences
Compensation for extinction of right to sue was capital receipt not chargeable to tax
Rental income earned by developer is house property Income not business income
Benchmarking of royalty payments without adopting any of prescribed methods by TPO was invalid
Bogus F&O Loss: No protection if client code modifications are tainted with collusive action & manipulations
Bogus F&O Loss proved on large number of sudden client code modifications by broker
Leasehold right allotted against right of agricultural land cannot be considered as agricultural land
Bogus purchases- Only profit element can be added to Income
Bogus Purchases- Only profit of purchase transactions can be added
Addition for income from commodity transactions not justified if supporting details filed
Payment for ‘bandwith services’ not assessable as ‘royalty’ if assessee has no access to any equipment
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.
