Read all Latest Updates on and about Mumbai Bench

Begin typing your search above and press return to search.

Home
»
Mumbai Bench

Addition in respect of Penny Stock cannot be made without Incriminating Material found during Search: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT) Mumbai bench has held that long term capital gains arising from a penny stock transaction cannot be denied...

No Tax Liability for NRI being a Joint Signatory to the Bank Account of Foreign Company without...

CESTAT Weekly Round-Up

Declaration of Income under IDS, 2016 not a Reasonable Cause for Non-filing of Income Tax Return:...

Society imparting Training to State Govt Employees eligible for Tax Exemption: ITAT [Read Order]

Penalty can’t be levied for Genuine Omissions in Income Tax Returns: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that genuine omissions must be excluded from the levy of penalty under section 271 (1)(a) of the Income Tax Act, 1961. During the...

‘Casino Vessels’ classifiable as ‘Passenger Ship’ under heading 8901 9000 and not ‘Pleasure Boats’: CESTAT [Read Order]

The Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) in the case of Commissioner of Central Excise v Vijai Marine Services held that ‘casino vessels’ could not be...