Courts: ITAT Mumbai
5,841 articlesIncome Tax

Income Tax
Addition U/s. 69A based on part of statement which suited AO not sustainable
Income Tax

Income Tax
AO cannot invoke Section 14A provision in absence of any direct nexus between expenditure claimed to exempt income
Income Tax

Income Tax
Reopening of assessment not permitted if no Failure of Assessee to disclose material facts
Income Tax

Income Tax
ITAT upheld addition in for Undisclosed Income held in LGT Bank in Liechtenstein
Income Tax

Income Tax
Amount received pursuant to non-existing agreement is Deemed dividend U/s. 2(22)(e)
Income Tax

Income Tax
Depreciation @ 60% allowable on Software used for imparting training
Income Tax

Income Tax
Payments made towards making copies of films- TDS U/s. 194C or 194J?
Income Tax

Income Tax
Penalty not justified on disallowance on certain issue being subject matter of judicial interpretation in number of case
Income Tax

Income Tax
Assumption of jurisdiction U/s. 153C is invalid if seized documents makes no reference of assessee or any transaction by him
Income Tax

Income Tax
Withdrawal of Appeal cannot be denied except when appellant obtained some advantage which he seeks to retain
Income Tax

Income Tax
Demand for short/non deduction of tax cannot be enforced, if due taxes were paid by recipient
Income Tax

Income Tax
Loss on Sale of Assets to ARCIL is allowable irrespective of treatment in Books of Account
Income Tax

Income Tax
Expenditure in raising loans or issuing debentures would be revenue in nature
Income Tax

Income Tax
