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.
ITAT Mumbai laid down principles to determine whether income from shares is “business” income or “capital gains”
Manufacturing of new product with new technology at existing place with fresh SEZ approval does not amount to ‘splitting up or reconstruction’
S. 43(5): Derivatives can be speculative transactions: ITAT Mumbai
‘Subscription fees’ received by assessee has to be assessed as ‘business income’ as per the provisions of DTAA between India and Singapore
Income earned abroad can’t be taxed, if the same is not chargeable to tax under the general provisions of the I-T Act
Deputation of personnel do not results in a permanent establishment in India: ITAT Mumbai
To compute the PE ‘duration test’ under Art. 5 (2) of the DTAA, different project sites can be aggregated only if the test of interconnection and interrelationship is satisfied
Section 194C(1) is applicable to job work assigned by an event manager to others
Word ‘Capital asset’ in section 2(14) does not necessarily mean that property, which assessee holds, must be his own
Housing Projects: Provisions of sub-section (10) not governed by provisions of sub-section (2) of section 80-IB
Assessing Officer cannot impose penalty u/s. 271(1)(c) on the basis of routine and general presumptions
Penalty can not be imposed u/s. 272A(2)(c) for delay in filing of quarterly returns of TDS
AO can make adjustments to the book profits for computation of MAT, if book of Accounts are not as per schedule VI of the companies Act
Sale of cruise tickets through the services of an Indian entity on principal to principal basis and at an arms length prices would not be liable to tax in India
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.
