ITAT Mumbai — Direct Tax

1. ITAT Mumbai · 14 Mar 2016
   ITAT - Revenue failed to establish that effective management and control of affairs of assessee was in India as such Indian parent not constituting PE for NR.

   Forbes Container Line Pte. Ltd. vs. ADIT

   (2016) TaxCorp(LJ) 10009 (ITAT-MUMBAI)

2. ITAT Mumbai · 14 Mar 2016
   ITAT - Payment received by an Israel resident for embedded software does not amount to royalty under Indo-Israel DTAA.

   Galatea Limited Vs. DCIT

   (2016) TaxCorp(LJ) 10008 (ITAT-MUMBAI)

3. ITAT Mumbai · 11 Mar 2016
   S. 68/ 69/69A: Law relating to assessment of undisclosed income, based on disputed documents found in the premises of the assessee during search explained. Also, the law on admission of additional evidence sourced from foreign countries, onus of the assessee and onus of the revenue and law on 'telescoping' of additions also explained

   Hassan Ali Khan vs. DCIT

   (2016) TaxCorp(LJ) 10001 (ITAT-MUMBAI) · Sections. 68, 69, 69A

4. ITAT Mumbai · 07 Mar 2016
   Entire law on difference between premium (salami) paid to acquire a lease and rent paid to use a lease explained in the context of whether a lease results in a transfer u.s 2(47)

   ITO vs. Dr. Vasant J Rath Trust

   (2016) TaxCorp(LJ) 9994 (ITAT-MUMBAI) · Section 2(47)

5. ITAT Mumbai · 08 Mar 2016
   ITAT - For computing continuous stay for PE purpose actual stay of employees has to be considered and not the entire contract period.

   Rheinbraun Engineering Und Wasser GmbH vs. Dy. Director of Income Tax

   (2016) TaxCorp(LJ) 9992 (ITAT-MUMBAI)

6. ITAT Mumbai · 07 Mar 2016
   ITAT - Sec 11 exemption available to charitable trust registered u/s 12A on bank interest income.

   Bombay Presidency Golf Club Ltd. Vs. ITO

   (2016) TaxCorp(LJ) 9989 (ITAT-MUMBAI) · Section. 11

7. ITAT Mumbai · 04 Mar 2016
   ITAT - Sec 154 could not be invoked in a case where two views are possible.

   Apna Organics (P) Ltd. vs. ACIT

   (2016) TaxCorp(LJ) 9988 (ITAT-MUMBAI) · Sections. 240, 154

8. ITAT Mumbai · 04 Mar 2016
   ITAT - Sec 154 could not be invoked in a case where two views are possible.

   Apna Organics (P) Ltd. vs. ACIT

   (2016) TaxCorp(LJ) 9984 (ITAT-MUMBAI) · Sections. 240, 154

9. ITAT Mumbai · 01 Mar 2016
   ITAT - Purchase of “shrink-wrapped” accounting software embedded in CD-ROM from Singapore entity does not constitute ‘royalty’ under India-Singapore DTAA.

   Capgemini Business Services (India) Ltd. vs ACIT

   (2016) TaxCorp(LJ) 9976 (ITAT-MUMBAI)

10. ITAT Mumbai · 26 Feb 2016
    ITAT - No TDS u/s 195 on reimbursement of recruitment charges payment by assessee to its group companies based in US.

    ACIT. Vs. Lehman Brothers and Advisors

    (2016) TaxCorp(LJ) 9971 (ITAT-MUMBAI) · Section. 195

11. ITAT Mumbai · 26 Feb 2016
    ITAT - An Israel company's project office in India to oversee implementation of project constitutes assessee’s PE in India. Revenue earned is taxable in India.

    Orpak Systems Ltd. vs. ADIT

    (2016) TaxCorp(LJ) 9969 (ITAT-MUMBAI)

12. ITAT Mumbai · 25 Feb 2016
    ITAT - Sec. 112 being beneficial in nature, LTCG should be worked out scrip-wise and tax should be charged without indexation or with indexation whichever is beneficial to assessee.

    Parle Pet Pvt. Ltd. vs. DCIT

    (2016) TaxCorp(LJ) 9968 (ITAT-MUMBAI) · Section. 112

13. ITAT Mumbai · 23 Feb 2016
    S. 271(1)(c): Penalty cannot be levied on all issues in a "wholesale" manner. The AO has to give findings for each issue separately. He has to apply mind meticulously and carefully for each issue separately and establish precisely whether there was concealment of income or furnishing of inaccurate particulars of income. The Assessee cannot be fastened with the liability of penalty without there being a clear or specific charge. Fixing a charge in a vague and casual manner is not permitted under the law. Fixing twin charges is also not permitted under the law

    Mangalam Drugs & Organics Ltd. vs. DCIT

    (2016) TaxCorp(LJ) 9961 (ITAT-MUMBAI) · Section. 271(1)(c)

14. ITAT Mumbai · 23 Feb 2016
    S. 147: Reopening of assessment is not permissible in the absence of "fresh tangible material". Entire law on the subject reiterated

    Golden Tobacco Limited vs. DCIT

    (2016) TaxCorp(LJ) 9960 (ITAT-MUMBAI) · Section. 147

15. ITAT Mumbai · 22 Feb 2016
    ITAT - As AO obtained approval from CWT prior to recording of ‘reasons’, notice for reassessment was illegal and invalid.

    Export Credit Guarantee Corporation of India Ltd. vs. ACWT

    (2016) TaxCorp(LJ) 9951 (ITAT-MUMBAI)

16. ITAT Mumbai · 19 Feb 2016
    ITAT - No TDS u/s 195 on payments made to non-resident for training conducted outside India.

    Holcim Services South Asia Limited vs. DCIT

    (2016) TaxCorp(LJ) 9940 (ITAT-MUMBAI) · Sections. 40(a)(i), 195

17. ITAT Mumbai · 19 Feb 2016
    ITAT - No penalty u/s 271C where assessee did not deduct TDS relying upon CA’s certificate u/s 195.

    ADIT. vs. Leighton Welspun Contractors P. Ltd.

    (2016) TaxCorp(LJ) 9935 (ITAT-MUMBAI) · Section. 271C

18. ITAT Mumbai · 29 Jul 2015
    AO duty bound to follow direction of appellate authorities

    DCIT. vs. M/s. ACC Ltd.

    (2016) TaxCorp(LJ) 9909 (ITAT-MUMBAI)

19. ITAT Mumbai · 21 Oct 2015
    New appeal filing monetary limit applies to pending appeals also

    ITO. vs. Smt. Sudha Brijratan Damani

    (2016) TaxCorp(LJ) 9908 (ITAT-MUMBAI)

20. ITAT Mumbai · 17 Feb 2016
    ITAT - Special provisions u/s 50 override Sec 55(2)(ab). WDV of BSE membership card would be regarded as COA.

    Twin Earth Securities Private Limited vs. ACIT

    (2016) TaxCorp(LJ) 9906 (ITAT-MUMBAI) · Section. 55(2)(ab)

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