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Landmark Rulings

ITAT Mumbai — Direct Tax

2,417 rulings

  1. ITAT Mumbai · 10 Dec 2024
    Mumbai ITAT Restores Matter to AO; TDS Deduction Contingent on Payees' Tax Compliance Under Section 40(a)(ia)

    Shekhar Dadarkar Vs ACIT

    (2024) TaxCorp(LJ) 34653 (ITAT-MUMBAI)

  2. ITAT Mumbai · 09 Dec 2024
    Foreign Tax Credit Claim Upheld by Mumbai ITAT: AZB and Partners Secures Deductions on Overseas Earnings

    AZB and Partners Vs ACIT

    (2024) TaxCorp(LJ) 34648 (ITAT-MUMBAI)

  3. ITAT Mumbai · 06 Dec 2024
    ITAT Mumbai Overturns Penalty Due to Ambiguity in Charge

    Manish Manohardas Asrani Vs INT TAX WARD1(1)

    (2024) TaxCorp(LJ) 34647 (ITAT-MUMBAI) · Section 270A

  4. ITAT Mumbai · 02 Dec 2024
    Mumbai ITAT Affirms Morgan Stanley Mauritius' Right to Selectively Apply Tax Provisions Under the India-Mauritius DTAA and the Income Tax Act

    Morgan Stanley Mauritius Company Ltd Vs Dy. CIT

    (2024) TaxCorp(LJ) 34636 (ITAT-MUMBAI)

  5. ITAT Mumbai · 04 Nov 2024
    Mumbai ITAT Rules in Favor of Assessee: Interest on Perpetual Debentures Qualifies as Business Expenditure Under Section 36(1)(iii)

    TMF Holdings Ltd Vs Commissioner of Income-Tax

    (2024) TaxCorp(LJ) 34630 (ITAT-MUMBAI)

  6. ITAT Mumbai · 28 Oct 2024
    Tax Implications Affirmed: Mumbai ITAT Grants Foreign Tax Credit to Amarchand Mangaldas

    Amarchand Mangaldas & Suresh A Shroff & Co. Vs ACIT

    (2024) TaxCorp(LJ) 34622 (ITAT-MUMBAI)

  7. ITAT Mumbai · 12 Oct 2024
    Mumbai ITAT Rules Amalgamation Capital Reserve as Non-Taxable Capital Receipt

    Samagra Wealthmax private Limited Vs DY. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34584 (ITAT-MUMBAI)

  8. ITAT Mumbai · 28 Nov 2024
    Mumbai ITAT Declares Late Filing Fees Under Section 234E Non-Applicable to Prior Assessment Years, Upholding Prospective Nature of Legislation

    Balaji Graphics Art Pvt Ltd Vs ACIT

    (2024) TaxCorp(LJ) 34576 (ITAT-MUMBAI) · Sections 200A, 234E

  9. ITAT Mumbai · 29 Nov 2024
    Substantial Justice Prevails: Mumbai ITAT Condones Delay in Appeal Process for AY 2018-19 Assessment

    Dhoot Industrial Finance Ltd Vs Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34573 (ITAT-MUMBAI)

  10. ITAT Mumbai · 29 Nov 2024
    Mumbai ITAT Affirms CIT(A) Order on Maximum Marginal Rate for Discretionary Trust, Reinforcing Legal Interpretation of Taxation Policies

    Aradhya Jain Trust Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34572 (ITAT-MUMBAI)

  11. ITAT Mumbai · 08 Oct 2024
    Mumbai ITAT Determines Non-Binding Nature of Tribunal Findings Under Black Money Act; Mandates Disclosure of Foreign Assets by Assessees

    Captain Vilas Waman Katre Vs Additional Commissioner of Income tax

    (2024) TaxCorp(LJ) 34570 (ITAT-MUMBAI)

  12. ITAT Mumbai · 08 Oct 2024
    Mumbai ITAT Reinstates Assessee's Appeal, Criticizes CIT(A) Overreach in Tax Order

    Jyoti Prakash Deshmukh Vs ITO

    (2024) TaxCorp(LJ) 34569 (ITAT-MUMBAI) · Section 251

  13. ITAT Mumbai · 10 Dec 2024
    Mumbai ITAT Upholds Indian Residency of Assessee, Declares Income Tax Obligation Unassailable under India-US DTAA

    Ashok Kumar Pandey Vs ACIT

    (2024) TaxCorp(LJ) 34568 (ITAT-MUMBAI)

  14. ITAT Mumbai · 01 Nov 2024
    ITAT Special Bench Rules on Capital Gains Tax: Long-Term Assets Taxed at 20% Rate under Section 112

    SKF India Limited Vs DCIT

    (2024) TaxCorp(LJ) 34559 (ITAT-MUMBAI)

  15. ITAT Mumbai · 03 Oct 2024
    Maharashtra Airports Development Co. Declared as State Entity: ITAT Exempts Interest Income from Taxation

    Maharashtra Airport Development Co. Ltd Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34558 (ITAT-MUMBAI)

  16. ITAT Mumbai · 01 Oct 2024
    Mumbai ITAT Rules Assessment Order Invalid Due to Lack of Timely Digital Signature

    Bennett Coleman & Co Ltd Vs National Faceless Assessment Centre

    (2024) TaxCorp(LJ) 34556 (ITAT-MUMBAI)

  17. ITAT Mumbai · 04 Nov 2024
    Mumbai ITAT Denies Depreciation Claim on Toll Road, Affirms Ownership Precondition

    Hazaribagh Ranchi Expressway Ltd Vs ACIT

    (2024) TaxCorp(LJ) 34548 (ITAT-MUMBAI) · Section 32

  18. ITAT Mumbai · 10 Dec 2024
    Mumbai ITAT Rules in Favor of Assessee, Overturns Delay Dismissal in Appeal Against 2012 Intimation

    Canadian Kay Pump Ltd Vs ACIT

    (2024) TaxCorp(LJ) 34543 (ITAT-MUMBAI) · Section 143(1)

  19. ITAT Mumbai · 12 Sep 2024
    Mumbai ITAT Upholds Exemption Claim of Sir Ratan Tata Trust, Rules Dividend Income Not Business Activity Under Tax Laws

    Sir Ratan Tata Trust Vs DCIT

    (2024) TaxCorp(LJ) 34502 (ITAT-MUMBAI) · Section 11

  20. ITAT Mumbai · 10 Sep 2024
    Mumbai ITAT Dismisses Revenue's Appeal, Holds Reassessment Proceedings Without Jurisdiction

    Amcor Flexibles India Pvt. Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34497 (ITAT-MUMBAI)

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