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.
Whether in the case of Government securities, interest accrues on day to day basis or only on the coupon dates?
Pre-operative expenses and registration fee paid to SEBI are allowable as intangible asset and assessee can claim depreciation on the same
Whether when the title of the assessee on the impugned land is not clear, income arising from transfer of such land is to be treated as capital gain or income from other sources?
For making additions, FIR is contemporaneous evidence and the contents of the same cannot be ignored in the light of self-serving documents
Where no proof of gifts received on surrender of tenancy rights penalty imposable u/s. 271(1)(c)
Once the refund becomes due, the interest is payable as per the provisions of section 244A of the Income Tax Act, 1961
Mere making of a claim, which is not sustainable in law, by itself, will not amount to furnishing inaccurate particulars
When additions not made in respect of ground for which reassessment is resorted to, no other additions can be made in the course of such reassessment proceedings
Section 197A(1A) merely requires a declaration to be filed by the payee of the interest, and once it is filed the payer not liable to deduct TDS therefrom under s 194A and no disallowance can be made under s 40(a)(ia)
Marketing and reservation charges are not Royalty or FIS and they are in the nature of business income and since the assessee does not have a PE in India, the same are not taxable in India
Land acquired in exchange of land owned by father of assessee-How to determine cost of acquisition
DRP is required to pass proper and speaking order under s 144C after giving proper consideration to the submissions made on behalf of the assessee
ITAT Mumbai – For ‘Equipment Royalty’ u/s 9(1)(vi), control of equipment by payer essential
Commission received by foreign company for assistance in arranging cargo transportation was taxable in India on account of ‘business connection’
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.
