Courts: ITAT Mumbai
5,841 articlesIncome Tax
Income Tax
No penalty if assessee not concealed any material fact or any factual information given not been found to be incorrect
Income Tax
Income Tax
Ad hoc disallowance of foreign travelling expenses u/s 14A without pinpointing any specific instance not valid
Income Tax
Income Tax
Companies which are liable to tax u/s. 115JB have to pay interest u/s. 234B/234C
Income Tax
Income Tax
Addition to Income of Assessee of Income Earned by Leasee by giving the property on sub-Lease
Income Tax
Income Tax
If assessee declares additional income, obviously the same is available for explaining either expenditure or investments made during that year
Income Tax
Income Tax
No TDS 194A on Reimbursement of Interest to Parent Company
Income Tax
Income Tax
Despite Retrospective amednment Royalty Not Taxable as DTAA prevails
Income Tax
Income Tax
Mere claim of income without any enforceable right does not result into any income
Income Tax
Income Tax
Once foreign travelling accepted for business purpose then part of amount cannot be disallowed on account of personal use unless it is established
Income Tax
Income Tax
Disallowance u/s 36(1)(iii)(proviso) applicable to extension of existing business and not to setting up altogether different or new business
Income Tax
Income Tax
Unused urban land held by assessee for industrial purposes not assessable to Wealth Tax for a period of two years from the date of acquisition
Income Tax
Income Tax
Where assessee is payee and not payer, no question of its defaulting in TDS deduction u/s 194J arises
Income Tax
Income Tax
Transfer Pricing – Disallowance of excess advertisement expense by comparing with average advertisement expense of companies is an adhoc method ¬ TNMM
Income Tax
Income Tax
