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.
Addition not justified in section 153A assessments where no incriminating material found
Compensatory payments to foreign companies not having PE in India not liable for TDS U/s. 195
Amount received by retired partner from partnership firm cannot be claimed as exempt U/s. 10(2A)
Reopening based on reason to suspect is invalid
No penalty on excess depreciation claim for bona fide reasons
TDS deductible on delayed pay-in-charges payable to sharebroker for making delayed payment
No liability to deduct TDS if income not chargeable to tax in the hands of recipient
Portfolio Management Fees allowable as an expenditure
Appellate Authority to decide an issue on Both Merits and jurisdiction if challenged on both basis
Repair or Renovation expense on existing Make-up Rooms is revenue expense
S. 271(1)(c) No Penalty if returned and assessed income are same
Penalty U/s. 271(1)(c) not sustainable on deletion of addition for relevant expenses
Director remuneration cannot be disallowed merely for loss Shown by Assessee
No Liability to Deduct TDS U/S 194H on Credit Card Charges And Conversion Charges of Foreign Currency Paid to Bank
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.
