Courts: ITAT Mumbai
5,844 articlesIncome Tax
Income Tax
No Tax to be withhold on Server and Web hosting Charges under Indo-USA DTAA
Income Tax
Income Tax
Finance Lease – Lessor Is Not Owner & only owner can claim Depreciation
Income Tax
Income Tax
Payments for transponder hire charges cannot be treated as ‘royalty’
Income Tax
Income Tax
Expense under FBT cannot be disallowed on the ground that same are not for business purpose
Income Tax
Income Tax
No reduction in WDV of fixed assets upon waiver of bank loan
Income Tax
Income Tax
No sec. 195 TDS Liability On Payer If Payee Not Assessed
Income Tax
Income Tax
S. 50B – Amount of liabilities being reflected in the negative net worth cannot be added to sale consideration for determining the capital gains on account of slump sale
Income Tax
Income Tax
S. 45(3) not permit A.O. to substitute full value of consideration other than the amount recorded in the books of account of joint venture
Income Tax
Income Tax
S. 54EC Exemption allowed where investment was made after 6 months due to non-availability of bonds
Income Tax
Income Tax
Income taxed in the hand of Firm cannot be taxed in the hand of Partner
Income Tax
Income Tax
Order passed ex-parte may be refereed back to CIT(A) for fresh consideration if Assessee under the bonafide belief that he duly informed to the Income Tax Department about change in address
Income Tax
Income Tax
Addition for Gift recd not warranted if Assessee proves identity, credit-worthiness and genuineness of donor
Income Tax
Income Tax
ITAT may accept additional evidence if same goes to the root of the matter and refer the matter back to A.O.
Income Tax
Income Tax
