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 thin capitalization rules are not in the domestic law/Treaty, there can be not be artificial disallowance of interest paid on borrowings
National Aviation Co. of India Vs. DCIT (ITAT Mumbai)
Taxpayer can remit monies abroad without tax deduction if it is of opinion that remittance is wholly exempt from tax
Payment received by taxpayer for sale of shrink wrapped software is not royalty under Article 12(3) of the India-USA tax treaty
HC requests ITAT President to make it compulsory for assessees to amend Form 36 for change of address instead of merely intimating vide letter
Higher price paid to AEs accepted as ALP under the CUP Method, provided there is sufficient economic and commercial justification evidencing the same
No disallowance u/s. 40(a)(ia) where payments made were apparently less than Rs. 20,000 each and to each party less than Rs. 50,000 per year, as per t
Mere existence of subsidiary company in India does not constitute subsidiary company as PE of Parent company
Payment made to USA entities cannot be disallowed on account of non deduction of tax at source
Disallowance under section 14A and for expenses for increase in share capital not attracted in the case of life insurance companies
Despite section 195 TDS breach, no section 40(a)(i) disallowance
Provisions of Minimum Alternate Tax (MAT) do not apply to Banking Companies
Compensation including interest on cancellation of contract not taxable in absence of PE
Banks are not liable to pay Minimum Alternative Tax (MAT) on Book Profit – ITAT Mumbai
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.
