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.
Marketing & liasoning services can’t be equated with advisory services for ALP adjustment
No right of appeal provided under the statute against order passed u/s. 264 of Income Tax Ac t,1961
Mere denial by RBI to Register Assessee as NBFC do not change nature of business income to Income from Other Sources
Concept of indexation while computing the LTCG cannot be imported to the computation of book profit u/s. 115JB
‘Loan Arranger Service’ not liable for Deduction of TDS U/s. 195
No adjustment for disallowance of license fees and management charges U/s. 44C of Income Tax Act 1961
Expenditure claimed on account of maintaining corporate entity cannot be disallowed even when no business is carried out
Penalty u/s 271D & 271E cannot be levied on transaction entered through journal voucher
LTCG on sale of equity shares is allowed to be set off against LTCG on sale of land
Mere acceptance by assessee of addition not entitles department to levy concealment penalty
Section 32 Assessee can claim Depreciation on ‘goodwill’
Penalty not justified on voluntary surrender of unexplained income
Exemption U/s. 54F cannot be denied if assessee having 2 houses, gifts one house to her spouse prior to transfer of long term capital asset other than residential house
Additional Depreciation’ if fixed assets used for less than 180 days
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.
