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Landmark Rulings

ITAT Mumbai — Direct Tax

2,417 rulings

  1. ITAT Mumbai · 20 Jun 2024
    Mumbai ITAT Upholds Sec.57 Disallowance for Interest Expenses Against Interest Income on Unrelated Capital Receipts

    Vinod D Chheda Vs ITO

    (2024) TaxCorp(LJ) 34131 (ITAT-MUMBAI) · Section 57

  2. ITAT Mumbai · 15 Jun 2024
    Mumbai ITAT Allows Sec.54 Deduction Considering Date of Possession as Purchase Date

    Prateek Rajendra Kapadia Vs ITO

    (2024) TaxCorp(LJ) 34104 (ITAT-MUMBAI) · Section 54

  3. ITAT Mumbai · 12 Jun 2024
    Mumbai ITAT Quashes Assessment Order Passed by ACIT Without Jurisdiction in Absence of Authorization under Sec.120(4)(b) or 127

    Tata Steel Limited Vs ITO(IT)TDS-2

    (2024) TaxCorp(LJ) 34085 (ITAT-MUMBAI) · Section 120(4)(b), 127

  4. ITAT Mumbai · 11 Jun 2024
    Non-Compete Fees Not a Revenue Receipt: ITAT Mumbai Rules in Favour of Assessee

    Lyka Labs Ltd Vs ACIT

    (2024) TaxCorp(LJ) 34075 (ITAT-MUMBAI)

  5. ITAT Mumbai · 10 Jun 2024
    Family Ties and Spiritual Pursuits Save the Day: ITAT Mumbai Quashes Addition Under Section 69A

    Hemant Samarataji Lohar Vs Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34073 (ITAT-MUMBAI)

  6. ITAT Mumbai · 07 Jun 2024
    Digital Products Sale Deemed Royalty Income by Mumbai ITAT

    Gartner Ireland Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34069 (ITAT-MUMBAI)

  7. ITAT Mumbai · 07 Jun 2024
    Mumbai ITAT Allows Admission of Additional Evidence to Establish Identity, Creditworthiness, and Genuineness of Transactions in Section 68 Addition Case

    OM SHANTI REALTORS VERSUS INCOME TAX OFFICER WARD-20 (2) (3) , MUMBAI

    (2024) TaxCorp(LJ) 34060 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=111905&Category=ITAT&CategoryType=Zip

  8. ITAT Mumbai · 06 Jun 2024
    Taxpayer Acquitted of Non-Compliance Charges: Court Emphasizes Need for Wilful Default

    Sushila Vs Pr.Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34054 (ITAT-MUMBAI) · Section 142

  9. ITAT Mumbai · 06 Jun 2024
    Mumbai ITAT Deletes Section 234B Interest in Absence of Income Variation in Reassessment or Outstanding Demand

    Tata Chemicals Limited Vs Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34053 (ITAT-MUMBAI) · Section 234B

  10. ITAT Mumbai · 31 May 2024
    Mumbai ITAT Orders Interest on Delayed Refund of DDT Amounting to Rs. 2.70 Cr., Sets Aside Lower Authority's Decision

    Piem Hotels Limited Vs ACIT

    (2024) TaxCorp(LJ) 34005 (ITAT-MUMBAI) · Section 156

  11. ITAT Mumbai · 30 May 2024
    Mumbai ITAT Dismisses Revenue’s Miscellaneous Application, Upholds Earlier Judgment on PF and ESIC Contributions

    ANI Integrated Services Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34003 (ITAT-MUMBAI)

  12. ITAT Mumbai · 30 May 2024
    ITAT Mumbai: IBC 2016 Prevails Over Income Tax Act, Assessee's Appeal Restored for Adjudication on Merits Despite Liquidation Process

    M/S VARUN RESOURCES LIMITED VERSUS INCOME TAX OFFICER 5 (3) (1) , MUMBAI

    (2024) TaxCorp(LJ) 33999 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=111775&Category=ITAT&CategoryType=Zip

  13. ITAT Mumbai · 29 May 2024
    Mumbai ITAT Quashes Assessment Order Passed Pursuant to Quashed Revision Order, Upholds Principle of Finality in Litigation

    Tata Housing Development Company Limited Vs ACIT

    (2024) TaxCorp(LJ) 33995 (ITAT-MUMBAI)

  14. ITAT Mumbai · 27 May 2024
    Mumbai ITAT Rules Speaking Order Not Necessary for Adjustment Under Sec 143(1)(a) Based on Tax Audit Report

    Joyo Plastics Vs ACIT

    (2024) TaxCorp(LJ) 33980 (ITAT-MUMBAI) · Section 143(1)(a)

  15. ITAT Mumbai · 25 May 2024
    Mumbai ITAT Allows 100% Deduction for Sec 80G(2)(a)(iiif) Donation, Upholds Sec 80GGA Claim Clubbed with Sec 80G in ITR

    RD Tata Trust Vs The Asst. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33972 (ITAT-MUMBAI) · Sections 80G(4), 80G(2)(a)(iiif), 80GGA

  16. ITAT Mumbai · 24 May 2024
    Mumbai ITAT Rules Property Possession Date Relevant for Sec 54 Deduction, Under-Construction Property Not Considered as 'Purchase'

    Sunil Amritlal Shah Vs The Income Tax Officer(IT)

    (2024) TaxCorp(LJ) 33961 (ITAT-MUMBAI) · Section 54

  17. ITAT Mumbai · 20 May 2024
    Mumbai ITAT Holds Notice Issued by NaFAC to Foreign Banking Company Valid, Jurisdiction Extends to International Taxation Charge Cases

    BNP Paribas Vs ACIT

    (2024) TaxCorp(LJ) 33927 (ITAT-MUMBAI) · Section 143(2)

  18. ITAT Mumbai · 18 May 2024
    Mumbai ITAT Rules on Applicability of Section 194LBC on 'Excess Interest Spread' Paid by Securitisation Trust

    Syamantaka IFMR Capital 2017 Vs Income Tax Officer

    (2024) TaxCorp(LJ) 33916 (ITAT-MUMBAI) · Section 194LBC

  19. ITAT Mumbai · 18 May 2024
    Mumbai ITAT Holds Rectification Order Passed on Non-Existent Entity Despite Knowledge of Merger, Non-Est

    IDBI Bank Ltd Vs DCIT

    (2024) TaxCorp(LJ) 33915 (ITAT-MUMBAI)

  20. ITAT Mumbai · 11 May 2024
    Mumbai ITAT Deletes Penalty Under Section 271(1)(c) in Absence of Specific Charge, Rejects Assessment Finality Plea

    Michael Page International Recruitment Pvt. Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 33874 (ITAT-MUMBAI) · Section 271(1)(c)

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