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.
Deduction of unrealized cost due to cancellation of contract
CIT cannot pass a revision order unless assessee is given opportunity of being heard
Remuneration paid to managing director in previous year cannot be a criterion for invoking provisions of section 40A(2)section 40A(2)
For Capital gain date of asset ‘held’ is to be considered and not the date of obtaining absolute legal ownership
Block Assessment invalid if no Satisfaction recorded by AO of Searched Party
PMS fee not allowable while computing capital gain on Sale of shares
No transfer on Gift of share in property against cash gift under Family settlement
Period of holding whether to be reckoned from purchase agreement registration date or stamp date
Compensation/damage for settlement of dispute is capital receipt
Computation of Turnover in case of business of accommodation entries and applicability of Tax Audit
Section 54- Purchase date is date of possession of flat on which assessee pays final consideration
Date of allotment of property is relevant to compute holding period of property
Charitable Entity can’t be Taxed because some element of its income is exempt from Principles of Mutuality: ITAT
AO could not insist on Any particular method for Valuation of shares
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.
