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.
Even Section 143(1) Assessment Cannot Be Reopened u/s 147 In Absence Of New Material
TP – ALP needs to be seen only with regard to transaction with AEs
Income from other sources to be included for computing book profit for Remuneration to partners
TP – Super profit companies cannot be considered as comparable
Full value of consideration could not be substituted by market price if bona fide of the transaction not suspected
Proceedings u/s. 147 not to initiated to examine as to whether there is escapement of income
Taxability of Share Profit of Assessee maintaining separate investment and trading portfolio
In case of set off of business loss vis-à-vis depreciation, first preference shall be given to business loss
Assessee not required to inform ITO as to what legal inference should be drawn from facts disclosed by him
International Shipping Profit taxable in the country of residence of the assessee company
Validity of filtration criteria for selection process adopted by TPO to Compute ALP
CIT have no jurisdiction in respect of an issue considered by CIT (A)
Duration of each contract is to be taken into consideration separately for determining whether or not any PE was constituted
Addition based on mere AIR not justified when income declared far exceeds the income shown in AIR
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.
