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.
If borrowed amount not used to earn exempt Income, no disallowance can be made U/s. 14A
Sale of Software without granting right to duplicate, amounts to sale of copyrighted article and not the transfer of copyright and therefore not taxable as ‘Royalty’
Payments received by a non-resident for Value Added Services (VAS) is partly treated as ‘Royalty’ and partly as ‘Fees for Technical Services’ under India-UK tax treaty
S. 263 – AO’s acceptance of Jurisdictional HC Law may be ‘erroneous & prejudicial
Transaction cannot be treated as Bogus merely for being a Off market transaction
Section 153A – Assessee Entitled To Raise Fresh Claims – ITAT Mumbai
Payment to Foreign healthcare services companies for advising, recommending ,assisting in healthcare projects and for conducting education and training programmes are not royalty
Merely because, the assessee did not furnish the report before the due date of filing of the return, that may not automatically attract the penalty
Allowability of deductions on account of payments made by the assessee to the retired partners and wives of deceased partners while computing the total income
Transfer Pricing – Comparable rejected by TPO without giving cogent reasons must be presumed to be comparable and DR cannot argue to the contrary
Assessee to ‘keep and maintain’ information and documents in respect of international transaction entered into with AE – ITAT Mumbai
Contract for transportation in respect of chartering a helicopter/aircrafts do not attract provisions of TDS u/s 194I
Retrospective amendment does not mean failure to disclose material facts – Bombay HC
Tax U/s. 195 not deductible on consideration for live broadcasting
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.
