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.
Sec 54 exemption allowable on property purchased outside India prior to amendment in 2015
Income from Letting out space on terrace of building to mobile companies is Income from house property
ITAT condemns cavalier & naïve approach of Income Tax Dept.
Without doubting sales 100% disallowance for Bogus Purchases cannot be made
Bogus Purchase: Reassessment based on info that assessee involved in the same is valid
Deeming section 50 cannot be extended to restrict deduction u/s 54F
No penalty u/s 271(1)(c) for disallowance of administrative expenses claimed against LTCG
Amount received on retirement by a partner of firm was not subject to income tax
Customary bonus not attract provision of section 36(1)(ii)
Section 14A: Shilpa Shetty Kundra gets Tax Relief
TDS u/s 195 not deductible on professional fee paid to non-resident
Loss on premature cancellation of forward contract is business loss
Exemption U/s. 54 cannot be disallowed just because exemption was claimed U/s. 54F
Intention to exploit capital asset for business purpose shall be date of conversion of capital asset into stock-in-trade
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.
