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Landmark Rulings

ITAT Mumbai — Direct Tax

2,421 rulings

  1. ITAT Mumbai · 29 Feb 2024
    ITAT - Mumbai ITAT Grants Tax Exemption to ADIA, Criticizes CIT(A)’s Reliance on Mobile Number for Treaty Denial.

    Abu Dhabi Investment Authority Vs The Dy. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33436 (ITAT-MUMBAI)

  2. ITAT Mumbai · 20 Feb 2024
    ITAT - Mumbai ITAT Upholds PCIT's Revisionary Powers Over Faceless Assessment Orders.

    RDC Ventures Vs Principal Commissioner of Income Tax-27

    (2024) TaxCorp(LJ) 33364 (ITAT-MUMBAI)

  3. ITAT Mumbai · 19 Feb 2024
    ITAT - Mumbai ITAT Rules on Determining Holding Period for Capital Gains: Delivery Date and Consideration Matter, Not SPA Execution Date.

    Citicorp International Finance Corporation Vs The Addl. DIT

    (2024) TaxCorp(LJ) 33357 (ITAT-MUMBAI)

  4. ITAT Mumbai · 13 Feb 2024
    Mumbai Tribunal Quashes Reassessment under Section 147, Upholds Exemption Eligibility under Section 11

    THE ACIT, CIRCLE -7 (1) , DELHI VERSUS M/S. DAYAL STEEL P. LTD., DELHI

    (2024) TaxCorp(LJ) 33309 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=110237&Category=ITAT&CategoryType=Zip

  5. ITAT Mumbai · 10 Feb 2024
    ITAT - British Virgin Island Entity Not Taxable in India as Business Connection Remunerated at Arm's Length.

    ATL Media Limited Vs Dy. Director of Income Tax (IT)

    (2024) TaxCorp(LJ) 33299 (ITAT-MUMBAI)

  6. ITAT Mumbai · 10 Feb 2024
    ITAT - Assessment Without Valid Service of Section 143(2) Notice Quashed by ITAT, Section 292BB Cannot Cure Defect.

    Seema A Talesara Vs Income-tax Officer

    (2024) TaxCorp(LJ) 33297 (ITAT-MUMBAI) · Sections 143(2), 292BB

  7. ITAT Mumbai · 22 Feb 2025
    ITAT - Mumbai ITAT Quashes Assessment Order Passed Without Draft Order, Holds Procedure Mandatory Despite Assessee's Waiver

    Welspun Global Brands Ltd Vs DCIT

    (2024) TaxCorp(LJ) 33262 (ITAT-MUMBAI)

  8. ITAT Mumbai · 27 Jan 2024
    Mumbai ITAT Upholds Deletion of Addition for Alleged Inflated Fuel Costs by Reliance Infrastructure

    Reliance Infrastructure Ltd Vs DCIT

    (2024) TaxCorp(LJ) 33200 (ITAT-MUMBAI)

  9. ITAT Mumbai · 20 Jan 2024
    Mumbai ITAT Rules in Favor of Exemption on Capital Gains for Pre-2017 Share Acquisition under Mauritius DTAA

    Comstar Mauritius Limited Vs CIT(IT)

    (2024) TaxCorp(LJ) 33169 (ITAT-MUMBAI)

  10. ITAT Mumbai · 20 Jan 2024
    Mumbai ITAT Upholds Quashing of Reassessment on Rs. 600 Cr Cross Currency Swap Loss

    East West Pipeline Private Limited Vs Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33167 (ITAT-MUMBAI)

  11. ITAT Mumbai · 19 Jan 2024
    Mumbai ITAT Upholds Revisionary Proceedings on Play Games 24X7 for Alleged Short TDS on Winnings

    Play Games24x7 Pvt. Ltd Vs Dy. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33160 (ITAT-MUMBAI)

  12. ITAT Mumbai · 13 Jan 2024
    ITAT - Mumbai ITAT Deletes Rs. 3,267 Crore Addition for Russian Entity's Offshore Supply Contracts in Nuclear Power Plant Development.

    Atomstroyexport Vs DCIT

    (2024) TaxCorp(LJ) 33123 (ITAT-MUMBAI)

  13. ITAT Mumbai · 12 Jan 2024
    ITAT - ITAT Upholds Sec. 11 Exemption for Deemed University, Dismisses Capitation Fee Additions Due to Lack of Corroboration.

    Padmashree Dr. D.Y. Patil University Vs DCIT

    (2024) TaxCorp(LJ) 33118 (ITAT-MUMBAI) · Section 11

  14. ITAT Mumbai · 09 Jan 2024
    ITAT - Mumbai ITAT Quashes Revision Order Seeking 'Fuller Inquiry' Over Section 10(21) Exemption on Incidental Rental Income.

    The Synthetic & Art Silk Mills Research Association Vs Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33100 (ITAT-MUMBAI) · Section 10(21)

  15. ITAT Mumbai · 09 Jan 2024
    ITAT - ITAT Upholds Non-Resident Status for Indian Investor Despite Revenue's Challenge.

    Nishant Kanodia Vs Asstt. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33099 (ITAT-MUMBAI) · Section 6(1)

  16. ITAT Mumbai · 09 Jan 2024
    Mumbai ITAT Annuls Bogus Purchase Addition, Stresses on Concrete Evidence for Tax Assessments

    DY. CIT, CIRCLE 7 (1) (1) , MUMBAI VERSUS M/S. MOTA TRADING PVT. LTD., MUMBAI

    (2024) TaxCorp(LJ) 33097 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=109635&Category=ITAT&CategoryType=Zip

  17. ITAT Mumbai · 06 Jan 2024
    Mumbai ITAT Approves Depreciation on Goodwill in Vodafone Case, Sets Precedent for Pre-Amendment Assessments

    Vodafone India Services Pvt. Ltd Vs DCIT

    (2024) TaxCorp(LJ) 33083 (ITAT-MUMBAI)

  18. ITAT Mumbai · 06 Jan 2024
    Mumbai ITAT Clarifies CIT(A)'s Powers, Upholds ESOP Expense Claims, Setting Key Precedents in Tax Assessment Cases

    Edelweiss Asset Management Ltd Vs ACIT

    (2024) TaxCorp(LJ) 33082 (ITAT-MUMBAI)

  19. ITAT Mumbai · 01 Jan 2024
    Mumbai ITAT Validates Assessee's Expense Allocation Method Between STPI & Non-STPI Units

    Directi Internet Solutions Pvt Ltd Vs ACIT-5(1)(2)

    (2023) TaxCorp(LJ) 33035 (ITAT-MUMBAI)

  20. ITAT Mumbai · 28 Dec 2023
    ITAT - Mumbai ITAT Annuls Unsigned Assessment Order, Affirms Legal Mandate for Signature.

    Reuters Asia Pacific Ltd. (Successor on Amalgamation to Reuter Television Mauritius Limited) Vs DCIT

    (2023) TaxCorp(LJ) 33019 (ITAT-MUMBAI) · Section 282A

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