Courts: ITAT Mumbai
5,841 articlesIncome Tax
Income Tax
Assessee not eligible for deduction u/s. 80RRA if the technical services provided by the assessee are not approved by the Govt.
Income Tax
Income Tax
Payment made by the assessee to the society as society maintenance expenses are not covered under section 194C
Income Tax
Income Tax
Under project completion method entire project as a whole is to be seen and hence transfer of some flats via registration is not conclusive of the year in which the income attributable to the project is to be taxed
Income Tax
Income Tax
section 41(1) Merely because liability is more than 5 years old does not mean that there is a cessation or remission
Income Tax
Income Tax
Prior scrutiny of accounts before referring them for special audit is sine qua-non and if the same has not been done the direction for special audit is bad in law and hence assessment framed becomes nullity
Income Tax
Income Tax
Hire charges received on account of hiring of the motor-cars, office equipment, computer, furniture and fixture is business income- ITAT Mumbai
Income Tax
Income Tax
Assessee is entitled to depreciation on Wind Electric Generators from the date on which it was installed and commissioned
Income Tax
Income Tax
If AO has not applied his mind while passing the order and did not call for the required details for completing the assessment, initiation of proceedings u/s 263 in such circumstances is valid
Income Tax
Income Tax
When the assessee successfully explains the source of share application money, the additions made u/s 68 are not sustainable
Income Tax
Income Tax
When assessee reverses a unilateral write back of dues payable to a vendor to its P & L account, the liability is to be treated as contingent liability
Income Tax
Income Tax
Sharing of office premises among the concerns is permissible when only one concern claims the deduction
Income Tax
Income Tax
When the assessee did not claim the additional depreciation in the return of income, it cannot be denied merely on such basis
Income Tax
Income Tax
Transfer Pricing – Initial burden is upon the assessee to prove the reasonableness of the method followed by the assessee-company
Income Tax
Income Tax
