Courts: ITAT Mumbai
5,841 articlesIncome Tax
Income Tax
Whether mere sale of development rights would equate to activities of developer and builder eligible for deduction u/s. 80-IB
Income Tax
Income Tax
Loss from a 10A unit is to be adjusted against taxable profit of other units after allowing deduction under section 10A in respect of such eligible unit
Income Tax
Income Tax
Reasons are required to be recorded by the AO on valid material and an assessment cannot be reopened on mere assumptions
Income Tax
Income Tax
Bonus shares eligible for benefit u/s 115F of the Act if if original shares acquired in foreign currency – ITAT Mumbai
Income Tax
Income Tax
Canvassing agent not business connection , Non-Resident, even with ‘business connection’, can be taxed only in respect of business operations carried out in India
Income Tax
Income Tax
CUP method not suitable to benchmark royalty payment in the absence of comparable uncontrolled transactions
Income Tax
Income Tax
Arm’s length price in case of interest on extended credit period granted to an Associated Enterprise shall be determined on the basis of USD LIBOR and not on any other currency denominated loan rate
Income Tax
Income Tax
Determining the characterisation of an entity before the selection of most appropriate method is critical
Income Tax
Income Tax
Payment made for online banner advertisement on the portal of a foreign company not taxable as royalty
Income Tax
Income Tax
Despite Less than 30 day Holding, Share Gain is STCG & not Business Profit
Income Tax
Income Tax
Whether, merely because Mumbai office is also involved in the business, the Hyderabad Unit cannot claim Sec 80IB benefits for manufacture of jewellery through various karigars spread across various locations?
Income Tax
Income Tax
No addition can be made under s 28(iv) in the absence of any business or profession relationships.
Income Tax
Income Tax
Commission received by a foreign company for assistance in arranging cargo transportation taxable in India on account of ‘business connection’
Income Tax
Income Tax
