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ITAT Mumbai Deletes Section 69 Addition Based on Sister Bank Loan Verification
ITAT Mumbai deletes a Rs 3.20 lakh Section 69 addition after confirming a bank loan from the taxpayer sister and remands another issue.
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ITAT Mumbai Rules Section 92CA Reference Must Identify Specific Transaction
ITAT Mumbai rules that a Section 92CA reference must identify a transaction and the Transfer Pricing Officer cannot determine a Permanent Establishment.
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ITAT Mumbai Rules SaaS Subscription Fees Are Not Royalty Under Section 91vi
ITAT Mumbai rules that SaaS subscription payments do not qualify as royalties under Section 9(1)(vi) or the India-Ireland tax treaty in the absence of a PE.
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ITAT Mumbai Rules Permanent Alternate Accommodation Is Consideration for Tenancy Surrender
ITAT Mumbai deletes Rs 33.41 lakh addition under Section 56(2)(vii)(b), ruling Permanent Alternate Accommodation was given for tenancy surrender rights.
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ITAT Mumbai Rules on Section 154 Rectification for Partner Remuneration
Discover how ITAT Mumbai deleted partner remuneration disallowance made via Section 154 rectification without proper notice or reasoning.
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ITAT Mumbai Rules IBC Resolution Plan Extinguishes Unclaimed Tax Reassessment
ITAT Mumbai holds that tax reassessment and demands cannot survive if pre-CIRP tax claims were omitted from an approved resolution plan.
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ITAT Mumbai Rules on Section 12AB Renewal and Trust Irrevocability Clauses
Explore the ITAT Mumbai ruling stating that the absence of an express irrevocability clause alone cannot defeat a Section 12AB trust renewal application.
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ITAT Mumbai Rules Uncorroborated Excel Data Invalid for Income Tax Additions
ITAT Mumbai rules that uncorroborated Excel data cannot sustain tax additions, deleting major additions on presumptive loans and debtor entries.
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ITAT Mumbai Quashes Income Tax Reassessment Over Borrowed Satisfaction
Learn how ITAT Mumbai set aside a tax reassessment because the assessing officer relied on investigation wing data without independent verification.
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ITAT Mumbai Rules in Favor of Taxpayer in Loan Addition Dispute
Discover how ITAT Mumbai successfully allowed a taxpayer appeal in a loan addition case by following the established Bhavana Suresh Chauhan precedent.