Courts: ITAT Mumbai
5,841 articlesIncome Tax
Income Tax
Penalty u/s 271 (1) (c) is not maintainable if charges are not specific– ITAT
Income Tax
Income Tax
AO not permitted to make additions in respect of already concluded assessments, where no adverse materials found during search
Income Tax
Income Tax
No Penalty u/s 271(1)(c) on debatable issues, estimations, change in accounting method / income Head & preponment of taxable income
Income Tax
Income Tax
Entire law on whether reopening of assessment in the absence of "fresh tangible material" is permissible reviewed
Income Tax
Income Tax
Relevant date for allowing benefit U/s. 54 /54F
Income Tax
Income Tax
AO cannot make changes in accounts certified under Companies Act for Computing book profit
Income Tax
Income Tax
Penalty U/s 271(1)(b) cannot be imposed without giving reasonable opportunity of being heard to Assessee
Income Tax
Income Tax
Penalty u/s 271(1)( c) justified in case of deliberate false claim of exemption in ROI
Income Tax
Income Tax
Before A.Y. 2015-16 Sec. 54EC exemption limit of Rs. 50 Lakh is per year & not based on transaction
Income Tax
Income Tax
Mere Repayment of loan not escape substantial shareholder from Section 2(22) (e)
Income Tax
Income Tax
Assessment order liable to set aside, if JCIT approval is without application of mind
Income Tax
Income Tax
Income cannot be taxed as FTS in India in absence of FTS clause in DTAA
Income Tax
Income Tax
Income from property leasing for commercial exploitation is business income
Income Tax
Income Tax
