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.
Amount received pursuant to non-existing agreement is Deemed dividend U/s. 2(22)(e)
Depreciation @ 60% allowable on Software used for imparting training
Payments made towards making copies of films- TDS U/s. 194C or 194J?
Penalty not justified on disallowance on certain issue being subject matter of judicial interpretation in number of case
Assumption of jurisdiction U/s. 153C is invalid if seized documents makes no reference of assessee or any transaction by him
Withdrawal of Appeal cannot be denied except when appellant obtained some advantage which he seeks to retain
Demand for short/non deduction of tax cannot be enforced, if due taxes were paid by recipient
Loss on Sale of Assets to ARCIL is allowable irrespective of treatment in Books of Account
Expenditure in raising loans or issuing debentures would be revenue in nature
Receipt of beneficial share from partnership firm cannot be treated as unexplained
Penalty cannot be imposed for mere disallowance of Additional Depreciation
Violation of SEBI regulations by broker would not make assessee’s share transactions bogus
Disallowance U/s. 14A untenable in absence of Non-recording of satisfaction
Penalty U/s. 271(1)(c) for mere change of head of income is not justified
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.
