Courts: ITAT Mumbai
5,841 articlesIncome Tax
Income Tax
Reimbursement of expenses cannot be subject matter of disallowance U/S. 40(a)(i)
Income Tax
Income Tax
When gift is not genuine, addition under section 68 is warranted
Income Tax
Income Tax
Appraisal report of survey team assist in making final assessment but that itself cannot become a final assessment
Income Tax
Income Tax
Transfer pricing study of assessee and ALP of international transactions determined on the basis of such study simply cannot be rejected without any cogent reasons
Income Tax
Income Tax
Depreciation is to be allowed to the assessee on the `brand’ received by it under the scheme of amalgamation
Income Tax
Income Tax
It is not necessary that for claiming deduction on account of foreign travel expenses, there has to be some business activity of assessee in foreign countries
Income Tax
Income Tax
Mere occupancy right under leave & licence agreement not sufficient to attract Explanation 1 of section 32(1)
Income Tax
Income Tax
It is mandatory for assessee, to follow one of prescribed methods and demonstrate that international transactions, entered into by it, with an associated enterprise, are at Arms Length Price
Income Tax
Income Tax
Indo-Singapore DTAA – Mere existence of a PE in India cannot lead to a conclusion that royalties arise in India
Income Tax
Income Tax
Transfer of development rights comes within the purview of section 50C of the Income Tax Act, 1961
Income Tax
Income Tax
An order executed in parts by exchange can not be considered as multiple transactions
Income Tax
Income Tax
Deduction for technical knowhow cannot be allowed to trading company as it could not be said to have received any technical know how
Income Tax
Income Tax
Interest on fixed deposit made for business purpose should be considered as business income and not as income from other sources
Income Tax
Income Tax
