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.
Carry forward of excess of expenditure over income allowable in case of trust
Rental income of developer cum builder to be taxed as house property income instead of business income
Self-occupied property cannot enter into block of depreciable asset
Sec. 54 allowable on gain invested up to due date of filing revised ITR
Exemption U/s. 54F available on capital gain on sale of depreciable assets
Additions U/s. 68 solely based on general statement cannot be upheld
Brought forward long-term capital loss and brought forward business loss can be set off against STCG computed U/s. 50
AO must consider Claim made before him through letter
Section 54/54F :Tenancy right cannot be equated with ownership rights
No TDS u/s 194H on bank charges for credit card payments
No addition u/s 68 merely on information from investigation wing
S. 14A Consider only those investments which yielded exempt income: ITAT
Inter-corporate deposit cannot be termed as loan for section 2(22)(e)
Assessee can decide Self occupied & Deemed let out property for Taxation
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.
