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.
Rule-8D is not attracted if assessee has voluntarily computed disallowance
Income from Subletting of Property is House Property Income
ITAT vacates stay on demand on flouting of terms of stay of demand
Purchase not Bogus for dealing with traders declared as hawala dealers by sales tax department
Penalty not levaiable on Management Bonus not offered to tax as books of company not finalised
Letter of allottment date must be taken as date of holding asset
Loss should be recognized immediately if contract cost is likely to exceed revenue
Concluded assessments cannot be disturbed in absence of any incriminating material
Section 271(1)(c): No Penalty for Section 50C addition unless concealment proved
No cessation of liability merely because amount is outstanding for several years
Section 68: ITAT gives relief to Reliance Group, Deletes addition of Rs. 700 crore
Amount Paid to ex-Staffs to avoid Litigation is not Profit in Lieu of Salary
Leave encashment provision based on actuarial valuation is not unascertained liability
Mark to Market Losses on open forward exchange contract is allowable
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.
