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.
Despite Set Aside For De Novo Consideration, AO Cannot Look At Fresh Issues
Notional interest on deposit not includible in Annual Letting Value (ALV)
SEZ units continue to be exempt from MAT
Earlier return, after a revised return, cannot form the basis of assessment
AO can made addition for Non Submission of Confirmation from Creditors
If section 40(a)(i) disallowance been made, no liability arise u/s. 201
Bottling of LPG into cylinders for use in kitchen amounts to ‘manufacture’
Section 56 not Applicable to Gift in Kind Received prior to 1st Oct., 2009
Penalty not justified for disallowance of Bona fide claim
Where liaison office of assessee merely co-ordinated its purchases in India, it could not be regarded as assessee’s PE in India
Error in e-filling of Income tax Return can be rectified u/s. 154 application
Loan advisory fees taxable in year of receipt itself & not over loan term, if not refundable in any case
TP adjustments must be made on the basis of actual transactions with AE
Housing Project of built-up area of more than 2000 sq. ft. not eligible for Deduction u/s. 80-IB (10)(d) from A.Y. 2005-06
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.
