Courts: ITAT Mumbai
5,841 articlesIncome Tax
Income Tax
Prior to 1-4-2013 MAT Provision not applicable to insurance companies
Income Tax
Income Tax
Income earned from foreign branches being PE not taxable in India
Income Tax
Income Tax
Financial health can never be a criterion to judge allowability of an expense
Income Tax
Income Tax
Addition cannot be made for mere appearance of a transaction in AIR
Income Tax
Income Tax
Even Section 143(1) Assessment Cannot Be Reopened u/s 147 In Absence Of New Material
Income Tax
Income Tax
TP – ALP needs to be seen only with regard to transaction with AEs
Income Tax
Income Tax
Income from other sources to be included for computing book profit for Remuneration to partners
Income Tax
Income Tax
TP – Super profit companies cannot be considered as comparable
Income Tax
Income Tax
Full value of consideration could not be substituted by market price if bona fide of the transaction not suspected
Income Tax
Income Tax
Proceedings u/s. 147 not to initiated to examine as to whether there is escapement of income
Income Tax
Income Tax
Taxability of Share Profit of Assessee maintaining separate investment and trading portfolio
Income Tax
Income Tax
In case of set off of business loss vis-à-vis depreciation, first preference shall be given to business loss
Income Tax
Income Tax
Assessee not required to inform ITO as to what legal inference should be drawn from facts disclosed by him
Income Tax
Income Tax
