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.
Depreciation on Assets not used for the purpose of business – Allowability
Non-occupancy charges received by Housing society not taxable
Assessee entitled to depreciation on vehicle purchased but not registered in his name
Professional services rendered does not fall in the definition of ‘royalty’
If assessee has no right on ‘goodwill enhancement’, payment for use of trade mark is revenue expenditure
Disallowance of Interest on Term Loan U/s. 43B
Sale of development rights taxable in the year of transfer though consideration is received in subsequent years
In the absence of specific valuation of assets/liabilities and goodwill, depreciation on goodwill created in the books of account at the time of amalgamation not allowable
Transfer of development rights completes when possession of land given with it
Director can’t be held as beneficial owner of shares in contrast to Sec. 79
No penalty if assessee not concealed any material fact or any factual information given not been found to be incorrect
Ad hoc disallowance of foreign travelling expenses u/s 14A without pinpointing any specific instance not valid
Companies which are liable to tax u/s. 115JB have to pay interest u/s. 234B/234C
Addition to Income of Assessee of Income Earned by Leasee by giving the property on sub-Lease
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.
