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Landmark Rulings

ITAT Mumbai — Direct Tax

2,417 rulings

  1. ITAT Mumbai · 03 Mar 2025
    Mumbai ITAT Quashes Assessment Orders for AY 2018-19 Due to Lack of Valid Jurisdiction Under Black Money Act

    Anandi Kaushik Laijawala Vs Dy. Director of Income Tax

    (2025) TaxCorp(LJ) 34900 (ITAT-MUMBAI)

  2. ITAT Mumbai · 04 Apr 2025
    Mumbai ITAT Special Bench Rules on Deductibility of Expenses Under India-UAE DTAA: A Landmark Decision

    Mashreq Bank PSC Vs DCIT(IT)-3(2)

    (2025) TaxCorp(LJ) 34879 (ITAT-MUMBAI)

  3. ITAT Mumbai · 25 Feb 2025
    Mumbai ITAT Clarifies GST Adjustment Treatment, Reverses Section 56(2)(x) Addition

    Jayantilal Umashankar Chavji Vs National E Assessment Centre National Eassessment Centre

    (2025) TaxCorp(LJ) 34877 (ITAT-MUMBAI) · Section 56(2)(x)

  4. ITAT Mumbai · 04 Apr 2025
    Mumbai ITAT Reverses Revenue's Decision on Long Term Capital Gains and Losses for Taxpayer Under India-Mauritius DTAA

    Matrix Partners India Investment Holdings, LLC Vs DCIT

    (2025) TaxCorp(LJ) 34872 (ITAT-MUMBAI)

  5. ITAT Mumbai · 04 Apr 2025
    Mumbai ITAT Denies Assessee's Deduction Claims Under Section 80IA Stating Lack of Ownership in Infrastructure Development

    Gulermak TPL Joint Venture Vs DCIT

    (2025) TaxCorp(LJ) 34871 (ITAT-MUMBAI)

  6. ITAT Mumbai · 04 Feb 2025
    Mumbai ITAT Upholds Assessee's Tax Settlements under DTVSV, 2024, Rejects Revenue Appeals on Interest Additions of ₹50.24 Cr

    Priya Hiranandani Vs ITO

    (2025) TaxCorp(LJ) 34863 (ITAT-MUMBAI)

  7. ITAT Mumbai · 04 Feb 2025
    Mumbai ITAT Upholds CIT(A)’s Order, Dismisses Revenue’s Appeal Against Ambuja Cement for Non-Leviability of Penalty on Income Reporting

    Ambuja Cements Ltd. Vs Joint Commissioner of Income Tax

    (2025) TaxCorp(LJ) 34862 (ITAT-MUMBAI) · Section 271(1)(c)

  8. ITAT Mumbai · 04 Feb 2025
    Mumbai ITAT Rules in Favor of Assessee on Deduction Eligibility for Securitization Income Under Section 36(1)(viii)

    HDFC Bank Ltd. Vs Addl.CIT/ACIT/DCIT

    (2025) TaxCorp(LJ) 34859 (ITAT-MUMBAI)

  9. ITAT Mumbai · 04 Feb 2025
    Mumbai ITAT Upholds Assessee's Appeal, Nullifies Section 69 Addition for Alleged Bogus Share Purchases

    Sandeep Agarwal Vs DCIT

    (2025) TaxCorp(LJ) 34858 (ITAT-MUMBAI)

  10. ITAT Mumbai · 04 Feb 2025
    Tribunal Overturns Tax Reassessment for Non-existent Capital Gains Due to Missing Accounts

    Vimladevi Parasmal Jain Vs ITO

    (2025) TaxCorp(LJ) 34857 (ITAT-MUMBAI) · Section 68

  11. ITAT Mumbai · 01 Feb 2025
    Mumbai ITAT Rules in Favor of Assessees by Allowing Appeal Against CIT(A) on Accumulated Income Utilization under Section 11

    Asia Society India Centre Vs Income Tax Officer

    (2025) TaxCorp(LJ) 34852 (ITAT-MUMBAI) · Sections 11(3)(a), 11(3)(i)

  12. ITAT Mumbai · 29 Jan 2025
    Mumbai ITAT Rules Against Revenue's Appeal, Upholding Interest Expenditure Deduction for Business Advances

    T Bhimjyani Realty Private Ltd Vs Asst.CIT

    (2025) TaxCorp(LJ) 34846 (ITAT-MUMBAI) · Section 36(1)(iii)

  13. ITAT Mumbai · 01 Feb 2025
    Mumbai ITAT Rules on Capital Gains Taxation for Mauritius Resident Assessee, Upholds Exemption under India-Mauritius DTAA

    TVF Fund Ltd Vs DCIT

    (2025) TaxCorp(LJ) 34840 (ITAT-MUMBAI)

  14. ITAT Mumbai · 09 Apr 2025
    Penalty Quashed for Misinterpretation of Income Classification by Revenue

    Rothshield Insurance TPA Ltd Vs Income Tax Officer

    (2025) TaxCorp(LJ) 34837 (ITAT-MUMBAI)

  15. ITAT Mumbai · 17 Feb 2025
    Mumbai ITAT Declares Reassessment Notice Invalid Due to Improper Authority Approval

    Davos International Fund Vs ACIT(T)-2(1)(2)

    (2025) TaxCorp(LJ) 34836 (ITAT-MUMBAI) · Section 151(ii)

  16. ITAT Mumbai · 17 Feb 2025
    Mumbai ITAT Clarifies Treatment of Rental Income for Trusts in Taxation

    Punit Deora Trust Vs Income Tax Department

    (2025) TaxCorp(LJ) 34835 (ITAT-MUMBAI)

  17. ITAT Mumbai · 12 Feb 2025
    Revenue's Addition of Survey Charges and Training Centre Fees to Assessee Invalidated Due to Lack of Dependent Agent PE Status

    International Air Transport Association (CANADA) Vs ACIT

    (2025) TaxCorp(LJ) 34831 (ITAT-MUMBAI)

  18. ITAT Mumbai · 13 Feb 2025
    TDS Disallowances under Section 40(a)(ia) Deleted on Reimbursement Payments Made to CRISIL Ltd.

    CRISIL Limited Vs The ACIT

    (2025) TaxCorp(LJ) 34820 (ITAT-MUMBAI) · Section 40(a)(ia)

  19. ITAT Mumbai · 07 Feb 2025
    Mumbai ITAT Rules Maintenance and Support Services Not Taxable as Fee for Technical Services under India-Singapore DTAA

    Murex Southeast Asia Pvt. Ltd Vs DCIT

    (2025) TaxCorp(LJ) 34816 (ITAT-MUMBAI)

  20. ITAT Mumbai · 06 Feb 2025
    Differential Value in Property Transactions: ITAT Mumbai Ruling on Section 56(2)(x) Validates Allotment Letters as Binding Documents

    Balakrishna Venkapppa Bhandary Vs DCIT

    (2025) TaxCorp(LJ) 34813 (ITAT-MUMBAI) · Section 56(2)(x)

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