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.
AO duty bound to follow direction of appellate authorities
New appeal filing monetary limit applies to pending appeals also
S. 153A Assessment in absence of incriminating docs not valid
Treatment of subsidy granted to set up a wind project
Amount not assessable as Assessee’s income where direct payment made to parties for surrender of tenancy rights
Expense on gifts to doctors allowed being not prohibited in law, CBDT circular only applicable A.Y. 2013-14 onwards
Addition u/s 153A for completed assessments not valid if no incriminating material found during search
Brokerage expenses not allowed against income from house property
Sec. 80P Principle of mutuality applies to Transfer fees, Non-occupancy/ Car parking charges
Reassessment u/s 147 not permissible merely on change of opinion: ITAT
Addition in already assessed income not sustainable, in absence of any incriminating material found during search
Subsidy for wind power project being capital receipts neither taxable u/s 41(1) / 50 nor to be deducted in actual cost u/s 43
Municipal value is a bonafide method to determine ALV even if market value of rent is higher
Lease Premium Paid to CIDCO is a Capital Expenditure, Thus Not Liable to TDS
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.
