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.
Assessee cannot be allowed deduction under both Section 10B(6)(iii) & 80HHF
Penalty cannot be levied automatically for mere transfer pricing adjustment
ITAT criticises AO for harnessing Assessee & imposed Penalty on A.O.
Payments made for transmission of electricity by transmission lines do not constitute rent payment U/s.194-I
Write back of amount not allowed as expenditure in earlier years cannot be considered as income
S. 54 Exemption available on capital gain from sale of multiple house invested in a new house
No deemed dividend if shareholding of a common shareholder is less than 20%
No concealment penalty for exemption claimed by Assessee based on certificate issued by department
Non compete fees chargeable to tax as Business Income, not as Capital Gain
Assessee can request for recall of ITAT order for Apparent mistakes in the order
Share Transfer At Cost To Parent Company Not A Sham
Sell of business to broker by sub-broker with tangible assets would not make sale agreement to that of agency
Deduction u/s. 80IB cannot be denied by virtue of surrender of claim before A.O.
Wealth Tax – To claim exemption of SOP, stay in house not mandatory
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.
