Courts: ITAT Mumbai
5,841 articlesIncome Tax
Income Tax
Compliance with conditions u/s 72A is to be tested in relation to each amalgamating company
Income Tax
Income Tax
S. 80-IA(5) – Absorbed losses pre ‘initial assessment year’ need not be set off
Income Tax
Income Tax
In ALP computation TPO to consider forex gain which is part of operating income of Assessee
Income Tax
Income Tax
In Computation of ALP, company having large related party transactions or being functionally different from assessee cannot be taken as comparable
Income Tax
Income Tax
Tribunal allows only fifty per cent of expenditure incurred to earn investment income
Income Tax
Income Tax
Consideration for live telecast of an event is not royalty as no copyright in live events
Income Tax
Income Tax
Non-Compete Fee not eligible for depreciation or amortization
Income Tax
Income Tax
Exemption u/s 54F when the capital amount invested in two adjacent residential flats
Income Tax
Income Tax
Rule 8D was not applicable in A.Y. 2006-07 for making disallowance U/s. 14A
Income Tax
Income Tax
Service tax liability, for which there was no receipt by assessee by year end, could not be disallowed U/s. 43B
Income Tax
Income Tax
If only one comparable is considered to determine ALP, benefit of ± 5 percent as provided by proviso to S. 92C(2) will not be available
Income Tax
Income Tax
ALP cannot be determined arbitrarily, It must be by one of methods prescribed U/s. 92C, RW rule 10B
Income Tax
Income Tax
Transfer pricing – RBI approval do not partake the character of ALP
Income Tax
Income Tax
