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.
AO cannot assess share premium as income on the ground that it is excessive
Interest U/s. 234B cannot be levied on Income of non-resident liable to TDS
Section 2(22)(e) not applicable on Flat Purchase by Company for its CMD
IMD bonds are securities and not fall within the meaning of any some of money
Jackie Shroff allowed claim of loan written off given to wife
Expense on technology upgradation of existing business is deductible
Income from Flats / Shops held as Stock-in-Trade is Business Income
Interest will accrue on specified date if any agreement specify such date
Penalty U/s. 271(1)(c) cannot be levied for mere Wrong claim of deduction
Reimbursement of loss to Subsidiary Companies in the course of business is allowable
Assessment U/s. 153A invalid in absence of valid search at assessee’s business premises
Income from Terrace space let out to mobile companies is house property Income
Gain from Agricultural Land sale after Plotting Taxable as Business Income
Share buy back can be made at a price lower than FMV or Book Value: ITAT
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.
