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Landmark Rulings

ITAT Mumbai — Direct Tax

2,416 rulings

  1. ITAT Mumbai · 05 Feb 2026
    Mumbai ITAT Rules Interest Under Section 234C Cannot Be Levied Where Advance Tax is Debited on Due Date but Credited to Department Later

    Sporta Technologies Private Limited Vs Additional/Joint Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37485 (ITAT-MUMBAI) · Section 234C

  2. ITAT Mumbai · 05 Feb 2026
    Mumbai ITAT Nullifies Assessment for Lack of Proper Jurisdiction: ITO’s Issuance of Notice under Section 143(2) Held Invalid Where Income Exceeds Rs. 30 Lakhs

    Svadeshi Enterprises Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37484 (ITAT-MUMBAI) · Section 143(2)

  3. ITAT Mumbai · 05 Feb 2026
    Mumbai ITAT Rules Loan Write-Back Entry in Partner’s Capital Account Not Taxable Under Section 68: No Fresh Capital Introduced, No Addition Sustainable

    Antara Tushar Motiwala Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37482 (ITAT-MUMBAI) · Section 68

  4. ITAT Mumbai · 03 Feb 2026
    Mumbai ITAT Declares Assessment Void: Absence of Valid Section 143(2) Notice by Proper AO Renders Proceedings Illegal

    Vinod Ramnath Rao Vs CIT(A)

    (2026) TaxCorp(LJ) 37477 (ITAT-MUMBAI)

  5. ITAT Mumbai · 02 Feb 2026
    Mumbai ITAT Quashes Penalty u/s 271(1)(c) for Lack of Proper Satisfaction and Jurisdiction—Full Income Disclosure by Assessee Noted

    Alka Ashok Jagtap Vs Income Tax Office

    (2026) TaxCorp(LJ) 37468 (ITAT-MUMBAI) · Section 271(1)(c)

  6. ITAT Mumbai · 02 Feb 2026
    Mumbai ITAT Rules in Favour of Employee: ESPP Shares and Dividend Reinvestment Not ‘Undisclosed Foreign Assets’ under Black Money Act

    Ketan Ramesh Dhamanaskar Vs Addl.CIT

    (2026) TaxCorp(LJ) 37467 (ITAT-MUMBAI)

  7. ITAT Mumbai · 10 Feb 2026
    Mumbai ITAT Rules Conversion of OCCRPS to Equity Shares Not Taxable Under Section 56(2)(x); Capital Appreciation Not Taxable at Conversion Stage in Thomas Cook (India) Ltd. Case

    Fairbridge capital (Mauritius) Limited Vs ACIT

    (2026) TaxCorp(LJ) 37457 (ITAT-MUMBAI) · Section 56(2)(x)

  8. ITAT Mumbai · 10 Feb 2026
    Mumbai ITAT Rules Section 56(2)(vii)(b) Addition Unjustified for Minor Difference in Property Value; Upholds Retrospective Application of Tolerance Limit

    Nilesh Pravinchandra Doshi Vs ITO

    (2026) TaxCorp(LJ) 37456 (ITAT-MUMBAI) · Section 56(2)(vii)(b)

  9. ITAT Mumbai · 10 Feb 2026
    Mumbai ITAT Rules Flight Data Service Fees Not ‘Royalty’ Under India-Germany DTAA; Payment for Information Does Not Constitute Transfer of Know-How

    Jeppesen GmbH Vs ACIT

    (2026) TaxCorp(LJ) 37455 (ITAT-MUMBAI)

  10. ITAT Mumbai · 10 Feb 2026
    Mumbai ITAT Rules Distribution Revenue from Software by Singaporean Entity Not FTS; Exemption under Section 10(50) Allowed as Equalization Levy Discharged

    Acronis Asia Pte Ltd Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37454 (ITAT-MUMBAI)

  11. ITAT Mumbai · 10 Feb 2026
    Mumbai ITAT Upholds Charitable Status and Section 11 Exemption for GJC India; Rejects Revenue’s Appeal on Interest Income and Corpus Donation Additions

    All India Gem And Jewellery Domestic Council Vs Dy.CIT

    (2026) TaxCorp(LJ) 37453 (ITAT-MUMBAI)

  12. ITAT Mumbai · 28 Jan 2026
    Mumbai ITAT Rules: FMV on Surrender Date to be Treated as Cost of Acquisition for Flats Received in Exchange of Tenancy Rights

    Murtuza Kothari Vs ITO

    (2026) TaxCorp(LJ) 37443 (ITAT-MUMBAI) · Section 48

  13. ITAT Mumbai · 10 Feb 2026
    Mumbai ITAT Invalidates Clubbed Reassessment Order: Predecessor’s Pre-Amalgamation Income Cannot Be Assessed with Successor’s Income

    Kalpataru Projects International Ltd Vs DCIT

    (2026) TaxCorp(LJ) 37433 (ITAT-MUMBAI)

  14. ITAT Mumbai · 16 Feb 2026
    Mumbai ITAT Affirms Scope of Section 254(2): Dismisses Revenue’s Miscellaneous Application Alleging Non-Consideration of Submissions and Errors in Reasoning

    Shapoorji Pallonji and Co. Pvt. Limited Vs Assistant commissioner of Income Tax

    (2026) TaxCorp(LJ) 37420 (ITAT-MUMBAI) · Section 254(2)

  15. ITAT Mumbai · 16 Feb 2026
    ITAT Mumbai Affirms: Tax Liability Determination Permitted During IBC Liquidation, But Recovery and Adjudication of Past Dues Barred Post-Approval

    Trend Electronics Limited Vs ACIT

    (2026) TaxCorp(LJ) 37419 (ITAT-MUMBAI)

  16. ITAT Mumbai · 16 Feb 2026
    Mumbai ITAT Affirms Validity of Reassessment Initiation under Section 147 Based on New Tangible Evidence, Directs Fresh Opportunity for Cross-Examination

    Sunil Bhagwatlal Dalal Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37414 (ITAT-MUMBAI)

  17. ITAT Mumbai · 22 Jan 2026
    Mumbai ITAT Restores Revenue’s Appeals After RP Added in Form 36: Clarifies Moratorium Bars Recovery, Not Adjudication

    Naren Shah Resolution Professional Vs Dy. CIT

    (2026) TaxCorp(LJ) 37410 (ITAT-MUMBAI)

  18. ITAT Mumbai · 20 Jan 2026
    Mumbai ITAT Upholds Allowability of Salary Revision Provision for Government Undertakings Based on Consistent Accounting Practice and Binding Pay Commission Recommendations

    Haffkine Bio Pharmaceutical Corporation Vs ACIT

    (2026) TaxCorp(LJ) 37397 (ITAT-MUMBAI)

  19. ITAT Mumbai · 20 Jan 2026
    Payments for Satellite Transponder Services to UK Entity Not ‘Royalty’ under India-UK DTAA; No Withholding Tax Liability under Section 195

    Bennett Coleman & Co. Ltd. Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37395 (ITAT-MUMBAI)

  20. ITAT Mumbai · 16 Jan 2026
    Mumbai ITAT Upholds Capital Gains Tax on Company-to-LLP Conversion Exceeding Asset Threshold: Exemption Denied Due to Non-Compliance with Section 47(xiiib) Conditions

    ISC Specialty Chemicals LLP Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37377 (ITAT-MUMBAI)

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