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.
Notional gains from derivatives held as stock-in-trade is taxable in year of realization
S. 194H TDS applicable on payment in the nature of commission, even in the absence of relationship of a principal & agent
Sec 50C Not Apply to Transfer of FSI & TDR
Sec. 50C not applicable to transfer of shares or indirect transfer of immovable property through share transfer
If ‘business income’ not taxable due to absence of PE in India, it cannot be taxed as ‘other income’
S.32 Depreciation allowable on goodwill paid for Purchase of clientele base of sub-broker
Block Assessment not sustainable if Notice u/s. 143(2) issued after expiry of prescribed period
Income received includes tax deducted in Korea on income of Indian branch of Japanese bank
Non Applicability of S. 44AD does not mean that profit will lower than 8% when turnover is more than Rs. 40.00 lacs
Deduction u/s. 10A to be allowed before set off of brought forward unabsorbed losses against current year profits
Assessee eligible for deduction U/s. 80IB(10) on SRA project developed under scheme of State Government duly notified by CBDT
Method adopted by Assessee for determining ALP cannot be rejected without showing fallacies in method adopted by Assessee
No addition to be made in block assessment if no incriminating material found during search
Reassessment Notice u/s. 148 notice issued by a non-jurisdictional AO is not valid
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.
