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.
S.69A: No addition where no money/bullion found in possession
Premium for Surrender of tenancy rights is taxable as capital gain
Only Payment for ‘offence’ or on what is ‘prohibited by law’ not allowable
Off shelf software Payment not royalty under India-Singapore DTAA
Sec. 271(1)(c)-Penalty without specific charges is not maintainable
Sec. 263-Revision valid where no enquiry/verification of provisions
Client codes modification permissible having no shifting of profits
Business set up expenses deductible despite no business business income
Shares Buyback cannot be equated with capital reduction
Demand Stay extension valid, if no change in facts from last stay
No disallowance of Penalty paid for procedural non-compliances
Expense allowed once business is setup despite non-commencement
S. 54EC deduction allowed if cheques presented within 6 months
Brokerage not deductible in computing Income from house property
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.
