Courts: ITAT Mumbai
5,841 articlesIncome Tax
Income Tax
ITAT Cannot be Precluded from handling any point which appertains to assessment even if it is raised for the first time
Income Tax
Income Tax
A.O Cannot act as a reviewing authorithy u/s 147 of Income Tax Act,1961
Income Tax
Income Tax
ITAT explains how to serve Proper Notice by Post & affixtures
Income Tax
Income Tax
Reopening of assessment Beyond a period of 4 years without Approval of Joint Commissioner not valid
Income Tax
Income Tax
Capital expenditure/ revenue expenditure – No reassessment in subsequent years – Reassessment quashed
Income Tax
Income Tax
For indexation, date should be reckoned from the date from which original owner held property
Income Tax
Income Tax
Severe fall in standards of CA profession – ITAT
Income Tax
Income Tax
Assessee can maintain two separate portfolios, one for investment & other for business of dealing in shares
Income Tax
Income Tax
Purchases cannot be bogus for mere listing of supplier as hawala dealer
Income Tax
Income Tax
Disallowance U/s. 14A cannot exceed expenditure claimed as a deduction
Income Tax
Income Tax
Transfer Pricing: Share application money cannot be treated as loan for taxing notional interest despite non-allotment of shares for long time
Income Tax
Income Tax
No penalty for mere failure to compute capital gains U/s. 50C
Income Tax
Income Tax
Section 54/54F Exemption if more than one new flats constitutes one residential house?
Income Tax
Income Tax
