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.
Tribunal allows only fifty per cent of expenditure incurred to earn investment income
Consideration for live telecast of an event is not royalty as no copyright in live events
Non-Compete Fee not eligible for depreciation or amortization
Exemption u/s 54F when the capital amount invested in two adjacent residential flats
Rule 8D was not applicable in A.Y. 2006-07 for making disallowance U/s. 14A
Service tax liability, for which there was no receipt by assessee by year end, could not be disallowed U/s. 43B
If only one comparable is considered to determine ALP, benefit of ± 5 percent as provided by proviso to S. 92C(2) will not be available
ALP cannot be determined arbitrarily, It must be by one of methods prescribed U/s. 92C, RW rule 10B
Transfer pricing – RBI approval do not partake the character of ALP
TP – Rate approved or deemed to be approved by RBI has to be considered as ALP
Mere consent for transfer of tenancy rights from old to new tenant by landlord is not transfer
Taxability of Offshore services under DTAA post-amendment in S. 9(1)(vii)
S. 194H TDS not deductible on Sub-Brokerage on buying / selling of units of mutual funds
‘Royalty’ income taxable on receipt basis under India-USA treaty
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.
