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.
Discount on debentures issued for construction of house property allowable
Interest paid by PE of foreign bank to H.O. deductible in hands of PE, But same interest taxable in hands of H.O.
Penalty u/s. 271F for failure to furnish return u/s. 153A
Deemed let Out property – ALV cannot exceed standard rent under Rent Control Act
Expenditure having no nexus with the earning of tax free income can not be disallowed u/s. 14A
Genuineness of advances received towards booking by the various persons in the earlier years
Assessee entitled to deduction u/s.801C on amount disallowed u/s.40(a)(ia)
If liabilities are outstanding provisions of sec.41(1) not attracted
Terrace Letting Income is income from house property
Merely on the ground that local purchase bill or custom clearance receipt not produced, genuineness of gift cannot be disputed
Deduction u/s.10A not allowable if company is formed by splitting and reconstruction of the existing business/undertaking
Commission to Directors as per Companies Act, 1956 authorised by Shareholders allowable
Profits from participation of cargo under ‘Slot Arrangement’ not eligible for benefit of Article 8 of India-Germany tax treaty
Deduction U/s. 10(10D) available on Life Insurance Policy sum received from foreign Insurance Company
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.
