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.
Non-compete fee is a capital expenditure eligible for depreciation
Purchases cannot be treated as bogus merely based on info from sales-tax dept. or non-reply of 133(6) notices or non-production of suppliers
Section 54/ 54F: no requirement of investment in new residential house in India prior to 01/04/2015
Section 50C applicable on sale value of depreciable asset
Loan received out of Bogus Share Capital of lender- Unexplained Income?
Gift received from a HUF by a member of HUF is exempt from tax
Expenses Reimbursement on cost to cost basis cannot be included in Fee for Technical services
TP: When Resale Price Method can be used with respect to related parties
HC on non-striking off of irrelevant clause in Section 271(1)(c) penalty SCN
Penalty notice without proper application of mind is invalid
Defect in notice u/s 274 do not vitiates penalty proceedings; Addition for Bogus purchases U/s. 69C?
Deposit in bank not explained satisfactorily is unexplained credit U/s. 69A
Rent paid under Oral Agreement to an authority is allowable
No Penalty if Quantum Appeal been decided in favour of Assessee
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.
