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Landmark Rulings

ITAT Mumbai — Direct Tax

2,417 rulings

  1. ITAT Mumbai · 28 Aug 2025
    Mumbai ITAT Holds No TDS Liability on Foreign Agent’s Commission for Services Rendered Outside India – Section 40(a)(i) Disallowance Quashed

    Manisha Kiran Temkar Vs ACIT

    (2025) TaxCorp(LJ) 36685 (ITAT-MUMBAI) · Section 40(a)(i)

  2. ITAT Mumbai · 21 Aug 2025
    ITAT Mumbai Rules Disallowance of Carry Forward of Long-Term Capital Loss under Section 143(1)(a) Invalid Without Prior Notice; Matter Remanded to CIT(A) for Verification

    Nirmala Nawal Phatarphekar Vs ITO

    (2025) TaxCorp(LJ) 36652 (ITAT-MUMBAI) · Section 143(1)(a)

  3. ITAT Mumbai · 21 Aug 2025
    Mumbai ITAT Quashes PCIT’s Section 263 Revision; Holds Proper AO Enquiry on CSR Deduction under Section 80G Sufficient to Sustain Assessment

    Pashupati Capital Services Pvt. Ltd Vs PCIT

    (2025) TaxCorp(LJ) 36651 (ITAT-MUMBAI) · Section 80G

  4. ITAT Mumbai · 21 Aug 2025
    Mumbai ITAT Quashes 3% Net Profit Addition on Liquor Trader: Emphasizes No Scope for Presumptive Estimation Post Submission of Complete Books and VAT Records

    Late Mr. Shankerlal Doulatram Ramani (Through legal heir Mr. Rajesh Shankerlal Ramani) Vs ACIT

    (2025) TaxCorp(LJ) 36649 (ITAT-MUMBAI)

  5. ITAT Mumbai · 21 Aug 2025
    Mumbai ITAT Confirms Penalty for Non-Disclosure of Forex Gains; Upholds CIT(A) Correction of Section Invoked under Section 270A(9)(a) for Misrepresentation

    Creative Ashtech Power Projects Private Limited Vs DCIT

    (2025) TaxCorp(LJ) 36648 (ITAT-MUMBAI)

  6. ITAT Mumbai · 20 Aug 2025
    Mumbai ITAT Upholds Genuineness of Capital Loss on JM Balanced Fund Redemption: Disallows Revenue’s Sham Allegation in Absence of Regulatory Censure

    CMS Computers Limited Vs DCIT

    (2025) TaxCorp(LJ) 36643 (ITAT-MUMBAI)

  7. ITAT Mumbai · 20 Aug 2025
    Mumbai ITAT Rules Deemed Dividend Provisions Inapplicable as Year-End Shareholding Below Threshold; AO’s Addition Deleted

    Vinita Pawankumar Saraf Vs ITO

    (2025) TaxCorp(LJ) 36642 (ITAT-MUMBAI)

  8. ITAT Mumbai · 01 Sep 2025
    Mumbai ITAT Nullifies Section 263 Revision: AO's Allowance of CSR Deduction Under Section 80G Upheld as Plausible View

    KKR India Advisors Private Limited Vs The Principal Commissioner of Income-tax

    (2025) TaxCorp(LJ) 36624 (ITAT-MUMBAI) · Section 80G

  9. ITAT Mumbai · 08 Aug 2025
    ITAT Mumbai Upholds Reassessment and 100% Disallowance on Purchases and Sundry Creditors for Failure to Substantiate Claims

    CICC Automation Technologies Pvt. Ltd Vs ITO

    (2025) TaxCorp(LJ) 36597 (ITAT-MUMBAI)

  10. ITAT Mumbai · 08 Aug 2025
    Mumbai ITAT Affirms Penalty for Concealment Where House Property Income Not Disclosed in Both Original and Reassessment Returns

    Subhash Silk Mills Limited Vs Joint Commissioner of Income tax

    (2025) TaxCorp(LJ) 36596 (ITAT-MUMBAI) · Section 271(1)(c)

  11. ITAT Mumbai · 06 Aug 2025
    Mumbai ITAT Rules in Favour of Procter & Gamble Hygiene: Disallowance of ESOP/ISOP Expenses under Section 37(1) Held Unsustainable, No Capital Advantage Accruing to Assessee

    Procter & Gamble Hygiene and Health Care Limited Vs DCIT

    (2025) TaxCorp(LJ) 36586 (ITAT-MUMBAI) · Section 37(1)

  12. ITAT Mumbai · 01 Aug 2025
    Mumbai ITAT Quashes Section 68 Addition on Mere Suspicion: Validity of Capital Introduction Upheld Where Identity and Genuineness Proven

    Omega Infrastructures Vs Dy. Commissioner of Income Tax

    (2025) TaxCorp(LJ) 36572 (ITAT-MUMBAI)

  13. ITAT Mumbai · 04 Aug 2025
    Mumbai ITAT Denies Condonation of 16-Year Delay in Appeal Filing; Finds No Sufficient Cause by Corporate Assessee

    Micro Plantae Ltd Vs ACIT

    (2025) TaxCorp(LJ) 36566 (ITAT-MUMBAI)

  14. ITAT Mumbai · 29 Jul 2025
    Mumbai ITAT Exonerates Foreign Trust from Tax on NCD Gains and Interest Income, Upholds Jurisdictional High Court Ruling Over AAR Decision

    Green Maiden A 2013 Trust Vs The Assistant Commissioner of Income Tax

    (2025) TaxCorp(LJ) 36556 (ITAT-MUMBAI)

  15. ITAT Mumbai · 22 Aug 2025
    Mumbai ITAT Permits Rectification of Order Under Section 254(2) for Misreferenced Grounds of Appeal Due to Typographical Error; Allows Correction of Ground Numbers and Issues

    Kaisha Lifesciences Pvt. Ltd Vs DCIT

    (2025) TaxCorp(LJ) 36552 (ITAT-MUMBAI) · Section 254(2)

  16. ITAT Mumbai · 22 Aug 2025
    Mumbai ITAT Third Member Rules in Favour of Assessee: Distinguishes AY 2012-13 from AY 2010-11 and Deletes Additions, Rejects Revenue's Plea for Abeyance

    Crest Paper Mills Ltd. Vs Income tax officer

    (2025) TaxCorp(LJ) 36550 (ITAT-MUMBAI)

  17. ITAT Mumbai · 23 Jul 2025
    ITAT Mumbai Quashes ₹1.4 Crore Section 56(2)(viib) Addition, Validates Share Valuation at ₹200 Based on Intrinsic and Prospective Business Value for Pre-AY 2013-14 Allotment

    Tutor Investment & Finance Pvt Ltd Vs Income-tax Officer

    (2025) TaxCorp(LJ) 36531 (ITAT-MUMBAI) · Section 56(2)(viib)

  18. ITAT Mumbai · 23 Jul 2025
    Mumbai ITAT Orders Reassessment of Rs. 143.32 Cr Advances: Revenue Recognition Timing and Contractual Terms to be Re-examined in Power-Driven Pumps Manufacturer’s Case

    KSB Limited Vs Deputy Commissioner of Income Tax

    (2025) TaxCorp(LJ) 36530 (ITAT-MUMBAI)

  19. ITAT Mumbai · 27 Jul 2025
    Mumbai ITAT Clarifies Tax Status of Deceased’s Estate; Rules Estate Must be Taxed as ‘Individual’ Despite Multiple Executors

    Estate of Satibai Tahilram Chellaram Vs ITO

    (2025) TaxCorp(LJ) 36518 (ITAT-MUMBAI)

  20. ITAT Mumbai · 21 Jul 2025
    Mumbai ITAT Rules Gains from Derivatives by Mauritius Fund Exempt under Article 13(4) of India-Mauritius DTAA; Distinguishes Derivatives from Shares

    3 Sigma Global Fund Vs ACIT

    (2025) TaxCorp(LJ) 36513 (ITAT-MUMBAI)

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