Courts: ITAT Mumbai
5,841 articlesIncome Tax

Income Tax
Payment made for violation of byelaws of stock exchange is allowable expense
Income Tax

Income Tax
WDV has to be arrived at only after reducing depreciation actually allowed
Income Tax

Income Tax
Sec.40A(2) – Concrete evidence or material must to allocate unreasonable &excessive expenses for purpose of disallowance
Income Tax

Income Tax
Foreign trip Expenses on spouse of Director not allowable unless connected with business
Income Tax

Income Tax
Transfer Pricing – Important principles on turnover filter & comparison explained
Income Tax

Income Tax
DRP entitled to enhance by questioning very existence of transaction
Income Tax

Income Tax
ITAT Grants Stay as additions were on debatable Points
Income Tax

Income Tax
Deduction u/s. 80IA not allowable on interest on Margin Money, I-T refund, employee’s loan
Income Tax

Income Tax
No Transfer Pricing adjustments can be made if actual transaction price is within safe harbour limit of +/- 5%
Income Tax

Income Tax
Transfer Pricing – Even Business Advance Has To Be At Libor ALP – ITAT Mumbai
Income Tax

Income Tax
Same Income cannot be taxed both in the hand of Individual & HUF based on AIR Information
Income Tax

Income Tax
Provision for salary based on pay revision decision of Government is allowable
Income Tax

Income Tax
Benefit availed by director in purchasing property at a lesser value than Market Value May be Taxed as Perquisites in his hand
Income Tax

Income Tax
