Courts: ITAT Mumbai
5,844 articlesIncome Tax
Income Tax
Merely because, the assessee did not furnish the report before the due date of filing of the return, that may not automatically attract the penalty
Income Tax
Income Tax
Allowability of deductions on account of payments made by the assessee to the retired partners and wives of deceased partners while computing the total income
Income Tax
Income Tax
Transfer Pricing – Comparable rejected by TPO without giving cogent reasons must be presumed to be comparable and DR cannot argue to the contrary
Income Tax
Income Tax
Assessee to ‘keep and maintain’ information and documents in respect of international transaction entered into with AE – ITAT Mumbai
Income Tax
Income Tax
Contract for transportation in respect of chartering a helicopter/aircrafts do not attract provisions of TDS u/s 194I
Income Tax
Income Tax
Retrospective amendment does not mean failure to disclose material facts – Bombay HC
Income Tax
Income Tax
Tax U/s. 195 not deductible on consideration for live broadcasting
Income Tax
Income Tax
Excise duty Refund eligible for deduction u/s. 80IB(1)
Income Tax
Income Tax
Section 263 – CIT is empowered to modify the assessment order passed by AO in case, the order is found to be erroneous and prejudicial to the interest of revenue
Income Tax
Income Tax
Receipts on account of tender form and recovery of house accommodation and furniture & fixture provided with house accommodation are of capital nature.
Income Tax
Income Tax
Assessee can set off brought forward losses even if he do not file the return of subsequent years within time required u/s.139(1)
Income Tax
Income Tax
When assessee follows project completion method as per AS-7, it is entitled to set off receipts from sale of TDR against costs of work-in-progress and such amount taxable in the year of receipt
Income Tax
Income Tax
Deduction u/s 80IA and 80HHC are to be calculated independently on the eligible profits
Income Tax
Income Tax
