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Landmark Rulings

ITAT Mumbai — Direct Tax

2,421 rulings

  1. ITAT Mumbai · 27 Dec 2023
    ITAT - Mumbai ITAT: Sponsorship Payments for Cricket Matches Not Royalty; IOCL Not Liable for TDS.

    Indian Oil Corporation Ltd Vs Deputy Director of Income Tax

    (2023) TaxCorp(LJ) 33003 (ITAT-MUMBAI)

  2. ITAT Mumbai · 23 Dec 2023
    ITAT - Mumbai ITAT Approves Income Accumulation for Trust's Charitable Activities.

    Bal Jeevan Trust Vs ITO (E)

    (2023) TaxCorp(LJ) 32988 (ITAT-MUMBAI)

  3. ITAT Mumbai · 21 Dec 2023
    ITAT - Mumbai ITAT Rejects Rs.59 Cr Share Premium Taxability, Upholds Investor’s Identity and Valuation Method.

    PNP Maritime Services Pvt. Ltd Vs Dy. Commissioner of Income Tax

    (2023) TaxCorp(LJ) 32972 (ITAT-MUMBAI)

  4. ITAT Mumbai · 21 Dec 2023
    ITAT - Mumbai ITAT Allows Deduction under Section 80G for CSR Expenses, Counters Revenue's Revisionary Order.

    Societe Generale Securities India Pvt. Ltd Vs PCIT

    (2023) TaxCorp(LJ) 32971 (ITAT-MUMBAI) · Section 80G

  5. ITAT Mumbai · 19 Dec 2023
    ITAT - Mumbai ITAT Clarifies Charitable Entity’s Trade Activities in Line with SC's AUDA Judgment.

    Media Research Users Council Vs Asst. Director of Income Tax

    (2023) TaxCorp(LJ) 32954 (ITAT-MUMBAI)

  6. ITAT Mumbai · 16 Dec 2023
    ITAT - ITAT Mumbai Upholds Disallowance on Lease Premium, Awaits High Court's Decision on Similar Case.

    Small Industrial Vs DCIT

    (2023) TaxCorp(LJ) 32939 (ITAT-MUMBAI)

  7. ITAT Mumbai · 15 Dec 2023
    Mumbai ITAT Supports Tata Sons' Claim for Interest on Tax Refund under Section 244A

    Tata Sons Pvt. Ltd Vs Dy. Commissioner of Income Tax

    (2023) TaxCorp(LJ) 32929 (ITAT-MUMBAI) · Section 244A(1)/(1A)

  8. ITAT Mumbai · 14 Dec 2023
    ITAT - Mumbai Tribunal Rules on Stamp Duty Value for Joint Property under Section 56(2)(vii).

    REKHA SINGH VERSUS ITO 29 (3) (2) , MUMBAI

    (2023) TaxCorp(LJ) 32921 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=109171&Category=ITAT&CategoryType=Zip

  9. ITAT Mumbai · 12 Dec 2023
    ITAT - Mumbai ITAT Rules Sec.194LBC Inapplicable on Excess Interest Spread to Loan Originator.

    Vivriti Cibus 013 2017 Vs Income Tax Officer (TDS)-2(3)(3)

    (2023) TaxCorp(LJ) 32908 (ITAT-MUMBAI) · Section 194LBC

  10. ITAT Mumbai · 12 Dec 2023
    ITAT - Mumbai Tribunal Clarifies Taxability of US Educational Institution's Receipts Under Indo-US DTAA.

    MASSACHUSETTS INSTITUTE OF TECHNOLOGY, C/O BSR & CO LLP VERSUS DEPUTY COMMISSIONER OF INCOME TAX (INTERNATIONAL TAXATION) , CIRCLE 3 (2) (1) , MUMBAI

    (2023) TaxCorp(LJ) 32902 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=109074&Category=ITAT&CategoryType=Zip

  11. ITAT Mumbai · 12 Dec 2023
    ITAT - Mumbai Tribunal Upholds Revision Under Section 263 on Transfer Pricing Order for Lack of Inquiry.

    ZENZI PHARMACEUTICAL INDUSTRIES PVT. LTD. VERSUS CIT (TRANSFER PRICING) -4, MUMBAI

    (2023) TaxCorp(LJ) 32901 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=109076&Category=ITAT&CategoryType=Zip

  12. ITAT Mumbai · 11 Dec 2023
    ITAT - Mumbai Tribunal Overturns TP Adjustment on Director’s Remuneration, Sets Precedent for Aggregate Benchmarking.

    THE SUPREME INDUSTRIES LTD. VERSUS ACIT LTU, CIRCLE, MUMBAI

    (2023) TaxCorp(LJ) 32893 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=109012&Category=ITAT&CategoryType=Zip

  13. ITAT Mumbai · 09 Dec 2023
    ITAT - Mumbai ITAT Rules in Favor of Assessee in Share Premium Case Involving Foreign Direct Investment.

    Carlisle Trading & Manufacturing India Private Limited Vs DCIT

    (2023) TaxCorp(LJ) 32885 (ITAT-MUMBAI) · Section 68

  14. ITAT Mumbai · 04 Dec 2023
    ITAT - Mumbai ITAT Recognizes Environmental Preservation Trust’s Eligibility for Section 80G Registration.

    Huhtamaki Foundation Vs Commissioner of Income Tax

    (2023) TaxCorp(LJ) 32850 (ITAT-MUMBAI)

  15. ITAT Mumbai · 04 Dec 2023
    ITAT - Mumbai Tribunal Upholds Deductibility of Compensation Expenditure in Real Estate Business.

    DCIT, CIR-14 (3) (2) VERSUS SENTINEL PROPERTIES PVT. LTD.

    (2023) TaxCorp(LJ) 32849 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=108915&Category=ITAT&CategoryType=Zip

  16. ITAT Mumbai · 01 Dec 2023
    ITAT - Mumbai Tribunal Overturns Addition under Section 68, Upholds Legitimacy of Assessee's Share Transactions.

    M/S USHA VINOD PAREKH (LR OF LATE SHRI VINODKUMAR SHESHMAL PAREKH) VERSUS THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 22 (1) , MUMBAI

    (2023) TaxCorp(LJ) 32831 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=108785&Category=ITAT&CategoryType=Zip

  17. ITAT Mumbai · 30 Nov 2023
    ITAT - Mumbai ITAT Rules in Favor of Assessee on Multiple Tax Deduction Claims.

    DAM CAPITAL ADVISORS LIMITED VERSUS DCIT-4 (1) (1) , MUMBAI

    (2023) TaxCorp(LJ) 32823 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=108756&Category=ITAT&CategoryType=Zip

  18. ITAT Mumbai · 30 Nov 2023
    ITAT - Mumbai ITAT Restores Interest Expense Issue on Unsecured Debentures to AO for De Novo Adjudication.

    ASSTT. COMMISSIONER OF INCOME TAX CIRCLE-3 (1) (1) , MUMBAI VERSUS M/S. RUSTOMJEE REALTY PRIVATE LIMITED

    (2023) TaxCorp(LJ) 32820 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=108763&Category=ITAT&CategoryType=Zip

  19. ITAT Mumbai · 29 Nov 2023
    ITAT - Mumbai ITAT Rules Against Reassessment Triggered by Unconnected Third-Party Statement in Property Purchase Case.

    Prashant Rameshchandra Samdani Vs ACIT

    (2023) TaxCorp(LJ) 32816 (ITAT-MUMBAI) · Section 132(4)

  20. ITAT Mumbai · 29 Nov 2023
    ITAT - Tribunal Upholds Deduction for 'Mark to Market' Loss in Forex Hedging, Overruling CBDT Instruction.

    CONCENTRIX SERVICES INDIA PRIVATE LIMITED, [FORMERLY KNOWN AS MINACS PRIVATE LIMITED, MINACS LIMITED & ADITYA BIRLA MINACS WORDLWIDE LIMITED] VERSUS DEPUTY COMMISSIONER OF INCOME TAX, 10 (2) (2), MUMBAI

    (2023) TaxCorp(LJ) 32813 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=108731&Category=ITAT&CategoryType=Zip

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