Courts: ITAT Mumbai
5,841 articlesIncome Tax
Income Tax
Section 32 Assessee can claim Depreciation on ‘goodwill’
Income Tax
Income Tax
Penalty not justified on voluntary surrender of unexplained income
Income Tax
Income Tax
Exemption U/s. 54F cannot be denied if assessee having 2 houses, gifts one house to her spouse prior to transfer of long term capital asset other than residential house
Income Tax
Income Tax
Additional Depreciation’ if fixed assets used for less than 180 days
Income Tax
Income Tax
Amounts already paid without TDS cannot be disallowed- Merilyn Shipping followed
Income Tax
Income Tax
Section 40(a)(ia) not attracted in respect of payment already made by the end of previous year
Income Tax
Income Tax
s. 40(a)(ia) Disallowance has to be made irrespective the fact that whether payment is made during the year or not
Income Tax
Income Tax
Penalty U/s. 271(1)(c) cannot be imposed for failure to deduct TDS
Income Tax
Income Tax
Addition for Bogus Purchases based on mere Assumptions not justified
Income Tax
Income Tax
AO can not treat purchase as Bogus merely because Supplier is declared Hawala dealer by Sales tax Department
Income Tax
Income Tax
Purchase cannot be treated Bogus based merely on the basis of statements given before Sales tax department
Income Tax
Income Tax
TDS on interest paid by assessee Indian branch of a Belgian bank to its head Office
Income Tax
Income Tax
Penalty cannot be levied on bonafide transaction with no intention to evade tax and where default was of technical nature
Income Tax
Income Tax
