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.
Revision under section 263 of IT Act, 1961 is not reassessment
Issue decided on merit cannot be construed as decided on the basis of mistake apparent from record
Depreciation on goodwill is allowable under the Income Tax Act, 1961
Taxability as perquisite of Transport facility provided to an employee from his residence to office and vice- versa
Allowability of deduction u/s 33AC to the Assessee using ships/barges owned by the third party
If part of company business is deal in shares then all types of transactions, whether delivery based or non-delivery based, will be treated as speculative transactions
Sale of equipment to an Indian party by a foreign company cannot be construed as resulting into any business connection in India
Warrant of authorization decides whether a person has been subjected to search or not
Only Profit on Sale of DEPB required to be considered for calculation of deduction u/s. 80HHC
Interest earned on bank deposits received from clients is business income
Tribunal is not competent to recall its previous order and re-write the same again and reverse the earlier decision taken on merit
MAT credit should be allowed before calculating Interest U/s. 234B and 234C of the Income Tax Act, 1961
Reassessment on ground of allowance of excess deduction on incentives of DEPB U/s. 80HHC
Reassessment U/s. 148 cannot be declared invalid, if any reasons taken by AO sustainable
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.
