Courts: ITAT Mumbai
5,841 articlesIncome Tax
Income Tax
A controlled transaction cannot be benchmarked against another controlled transaction (TP)
Income Tax
Income Tax
Omission of concluding sentence doesn’t amount to non-furnishing of reasons for reassessment
Income Tax
Income Tax
Mere declaration of supplier as ‘Hawala dealer’ by Vat Authorities not sufficient to made addition U/s. 69C
Income Tax
Income Tax
Income mistakenly offered to tax in return of income when assessed amounts to incorrect assessment of taxes
Income Tax
Income Tax
Marketing & liasoning services can’t be equated with advisory services for ALP adjustment
Income Tax
Income Tax
No right of appeal provided under the statute against order passed u/s. 264 of Income Tax Ac t,1961
Income Tax
Income Tax
Mere denial by RBI to Register Assessee as NBFC do not change nature of business income to Income from Other Sources
Income Tax
Income Tax
Concept of indexation while computing the LTCG cannot be imported to the computation of book profit u/s. 115JB
Income Tax
Income Tax
‘Loan Arranger Service’ not liable for Deduction of TDS U/s. 195
Income Tax
Income Tax
No adjustment for disallowance of license fees and management charges U/s. 44C of Income Tax Act 1961
Income Tax
Income Tax
Expenditure claimed on account of maintaining corporate entity cannot be disallowed even when no business is carried out
Income Tax
Income Tax
Penalty u/s 271D & 271E cannot be levied on transaction entered through journal voucher
Income Tax
Income Tax
LTCG on sale of equity shares is allowed to be set off against LTCG on sale of land
Income Tax
Income Tax
