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.
Interest on Income tax refund cannot be taxed if same is withdrawn subsequently
Slump Sale applicability: When consideration was not money but equity shares & debentures
No TDS U/s. 194H on discount on sale of prepaid starter kits/sim cards to distributors
No addition for jewellery found within CBDT circular prescribed limit
When sales are not doubted 100% disallowance for bogus purchase can’t be made
S. 37(1) Settlement Charges Paid to SEBI for Violation of SEBI Provisions allowable
Amount received towards reimbursement of cost cannot be taxed
Transfer of an undertaking in consideration of allotment of shares is exchange not sale
Assessment U/s. 153A-No incriminating material- No Addition can be made
No Penalty for Offering income under capital gain instead of Business head under bonafide impression
Addition cannot be made merely for sale of Flat at an undervaluation
Section 263 cannot be invoked unless CIT himself made relevant enquiries and determines order to be erroneous
Premium on Redemption of FCCB is Revenue expense
Addition cannot be made or mere Statement of Secretary of Assessee
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.
