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 is to be allowed to the assessee on the `brand’ received by it under the scheme of amalgamation
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
Mere occupancy right under leave & licence agreement not sufficient to attract Explanation 1 of section 32(1)
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
Indo-Singapore DTAA – Mere existence of a PE in India cannot lead to a conclusion that royalties arise in India
Transfer of development rights comes within the purview of section 50C of the Income Tax Act, 1961
An order executed in parts by exchange can not be considered as multiple transactions
Deduction for technical knowhow cannot be allowed to trading company as it could not be said to have received any technical know how
Interest on fixed deposit made for business purpose should be considered as business income and not as income from other sources
Mere Short period of holding shares does not imply that intention was only to trade in security
No remission of liability on settlement of deferred sales tax liability at net present value
Routers and switches are to be included in block of `Computer’ entitled to depreciation at the rate of 60 percent
Stay Application in ITAT maintainable despite non-filing of stay petition before lower authorities
Non-Residents are allowed to toggle between the DTAA and the Income tax Act, whichever is beneficial to them
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.
