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Landmark Rulings

ITAT Mumbai — Direct Tax

2,421 rulings

  1. 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)

  2. 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

  3. 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)

  4. 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)

  5. ITAT Mumbai · 11 May 2024
    Mumbai ITAT Deletes Section 68 Addition as Unjustified Basis Director's Statement Retracted Subsequently

    Arjun Manoj Purohit Vs ITO

    (2024) TaxCorp(LJ) 33873 (ITAT-MUMBAI) · Section 68

  6. ITAT Mumbai · 10 May 2024
    ITAT- Mumbai ITAT Rules on TDS Applicability for Transactions between SBI and NBFCs Regarding Loan Assignment

    State Bank of India Vs DCIT(TDS)

    (2024) TaxCorp(LJ) 33870 (ITAT-MUMBAI)

  7. ITAT Mumbai · 02 May 2024
    ITAT - NCD Redemption Premium Classified as Interest Income, Not Capital Gains: Mumbai ITAT Ruling.

    Khushaal C. Thackersey Vs ACIT-12(1)

    (2024) TaxCorp(LJ) 33819 (ITAT-MUMBAI)

  8. ITAT Mumbai · 02 May 2024
    Consultancy Fees to UAE Resident Not Taxable in India: ITAT Decision

    Arun Rangachari Vs JCIT(IT)

    (2024) TaxCorp(LJ) 33817 (ITAT-MUMBAI)

  9. ITAT Mumbai · 27 Apr 2024
    Property Valuation Discrepancy: ITAT Mumbai Rejects Revenue's Addition Claims Under Sections 69 and 69B

    Abalabba Developers Pvt. Ltd Vs ITO

    (2024) TaxCorp(LJ) 33784 (ITAT-MUMBAI) · Sections 69, 69B

  10. ITAT Mumbai · 22 Apr 2024
    ITAT - Tax on Notional Rent for Stock-in-Trade.

    Mack Star Marketing Private Limited Vs National Faceless Appeal Centre

    (2024) TaxCorp(LJ) 33762 (ITAT-MUMBAI)

  11. ITAT Mumbai · 18 Apr 2024
    ITAT - Mumbai Tribunal Affirms Deduction Under Section 10B for Food Manufacturing Units.

    ITO-4 (2) (4) , MUMBAI VERSUS M.M. POONJIAJI SPICES LTD AND M.M. POONJIAJI SPICES LTD VERSUS DCIT-4 (2) , MUMBAI

    (2024) TaxCorp(LJ) 33737 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=111177&Category=ITAT&CategoryType=Zip

  12. ITAT Mumbai · 16 Apr 2024
    ITAT - Mumbai ITAT Quashes Time-Barred Reassessment for Non-Resident's Foreign Assets.

    Jaspal Singh Sawhney Vs The Income Tax Officer

    (2024) TaxCorp(LJ) 33730 (ITAT-MUMBAI)

  13. ITAT Mumbai · 13 Apr 2024
    ITAT - Mumbai ITAT Remands Share Valuation Issue, Emphasizes Underlying Operating Company's Value for Investment Companies.

    Tex-Kare Cleaners Pvt. Ltd Vs ITO

    (2024) TaxCorp(LJ) 33710 (ITAT-MUMBAI)

  14. ITAT Mumbai · 06 Apr 2024
    ITAT - Mumbai ITAT Rules No Income Accrual in India from Offshore Property Transfer, Follows Ishikawajma Harima Judgment.

    Schindler China Elevator Company Limited Vs The ACIT

    (2024) TaxCorp(LJ) 33679 (ITAT-MUMBAI)

  15. ITAT Mumbai · 23 Mar 2024
    ITAT - Mumbai ITAT Holds Notional Interest Income Credited as per Ind AS Not Taxable in Absence of Contractual Obligation.

    Kesar Terminals and Infrastructure Ltd Vs ACIT

    (2024) TaxCorp(LJ) 33605 (ITAT-MUMBAI)

  16. ITAT Mumbai · 19 Mar 2024
    ITAT - Mumbai ITAT Quashes Reassessment, Slams NFAC for Ignoring Material Facts.

    Reporter Family Private Trust Vs ITO(IT)

    (2024) TaxCorp(LJ) 33578 (ITAT-MUMBAI)

  17. ITAT Mumbai · 14 Mar 2024
    ITAT - Mumbai ITAT Rules IT Company's Rental Income from Tech Park Taxable as 'House Property', Not 'Business Income'.

    Directi Internet Solutions Pvt Ltd Vs ITO-5(1)(3)

    (2024) TaxCorp(LJ) 33537 (ITAT-MUMBAI)

  18. ITAT Mumbai · 09 Mar 2024
    ITAT - Mumbai ITAT Rules US Hotelier's Marketing Contribution & Reservation Fees Not Taxable as Royalty, Distinguishes Marriott Ruling.

    Six Continents Hotels, Inc. Vs Dy. Commissioner of Income Tax (I.T.)

    (2024) TaxCorp(LJ) 33499 (ITAT-MUMBAI)

  19. ITAT Mumbai · 07 Mar 2024
    ITAT - Mumbai ITAT Allows Short-Term Capital Loss & Gain Set Off for Foreign Investor Despite Different Tax Rates.

    JS Capital LLC Vs ACIT

    (2024) TaxCorp(LJ) 33485 (ITAT-MUMBAI)

  20. ITAT Mumbai · 06 Mar 2024
    Mumbai ITAT: No TDS Under Sec. 194LBC on Excess Interest Spread Paid by Securitisation Trust to Financial Institution

    SME Pool Series V August 2016 Vs Income Tax Officer

    (2024) TaxCorp(LJ) 33476 (ITAT-MUMBAI) · Section 194LBC

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