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.
Foreseeable losses computed as per Accounting Standard -7 are allowable
All expenses need to be considered in computing profits and gains of an eligible business under section 80-IA/80-1B of IT Act, 1961
Disallowance of Excise duty, if any, to be made under section 145A
Penalty for concealment can not be imposed automatically for disallowance of deduction
Space leasing Income with services and facilities will be business income
Determination of residential status of Assessee not resident in India in 9 out of 10 previous years
Year of taxability on transfer of lease hold rights of immovable property
Interest to Partners is allowable even if there is no book profit
A.O. must have some definite evidence to refuse the assessee’s claim or evidence or explanation
When a resident can be treated as an agent of a non-resident u/s 163 of IT Act, 1961
Interest income from banks on fixed deposits not necessarily Income from Other Sources
Limitation period for passing order u/s 201 of IT Act in absence of any express provision in Act
Interest Free Loan from a non-relative is not liable to tax
Prerequisite of section 12AA of IT Act for rejection of registration of a trust
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.
