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.
Amounts already paid without TDS cannot be disallowed- Merilyn Shipping followed
Section 40(a)(ia) not attracted in respect of payment already made by the end of previous year
s. 40(a)(ia) Disallowance has to be made irrespective the fact that whether payment is made during the year or not
Penalty U/s. 271(1)(c) cannot be imposed for failure to deduct TDS
Addition for Bogus Purchases based on mere Assumptions not justified
AO can not treat purchase as Bogus merely because Supplier is declared Hawala dealer by Sales tax Department
Purchase cannot be treated Bogus based merely on the basis of statements given before Sales tax department
TDS on interest paid by assessee Indian branch of a Belgian bank to its head Office
Penalty cannot be levied on bonafide transaction with no intention to evade tax and where default was of technical nature
CIT not justified in passing ex parte order without allowing proper opportunity of being heard
Assessment which attained finality cannot be disturbed unless incriminating material found during search
ITAT explains Difference between Section 271(1)(c) and 271AAA
Section 43(5) Derivatives include foreign currency call option and put option
No penalty on Income declared voluntarily in revised ROI filed sec. 143(2) notice
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.
