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.
Set off of long-term capital loss on sale of unquoted equity shares against gain on sale of property
S. 195 TDS provisions applies only when remittance results in taxable income
Asset holding period should be computed from the date of allotment letter
Deemed dividend provisions not applicable if Assessee is neither registered nor beneficial shareholder of payer company
Sec. 10AA Eligible unit’s loss can be set off against income of other units
Addition for Bogus Purchases based merely on statements and not backed by any material evidences is not sustainable
Date of Acquisition for determining Capital Gain: – Date of Full Payment Vs. Date in Registered Document
ITAT allowed builder to adjust rent received against WIP as it was linked with development of Property
Genuineness of Share Transaction cannot be suspected merely for Irregularities of Share Broker
Taxability of Capital gains- On Execution of agreement of sale or sale deed?
Mere genuineness of Transaction not enough for non levy of Penalty U/s. 271D
ITAT allows Vacancy Allowance since Assessee couldn’t find Tenant
CIT(A) cannot records Satisfaction about existence of international transaction instead of AO
If no income U/s. 5 than no notional income can be brought to tax U/s. 92: ITAT Rules in the case of Shilpa Shetty
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.
