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Landmark Rulings

ITAT Mumbai — Direct Tax

2,421 rulings

  1. ITAT Mumbai · 27 Nov 2023
    ITAT - Mumbai ITAT Grants Relief for Delay in Tax Appeal with Charity Donation Condition.

    General Lifescience Distributors Vs Commissioner of Income-tax

    (2023) TaxCorp(LJ) 32799 (ITAT-MUMBAI)

  2. ITAT Mumbai · 24 Nov 2023
    ITAT - Mumbai ITAT Allows Appeal on Property Sale Value, Invokes Tolerance Limit under Section 43CA.

    AMSONS STEEL PVT. LTD. VERSUS DCIT, CIRCLE-6 (1) (1) MUMBAI

    (2023) TaxCorp(LJ) 32779 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=108617&Category=ITAT&CategoryType=Zip

  3. ITAT Mumbai · 17 Nov 2023
    ITAT - Mumbai ITAT Upholds Section 10(1) Exemption for Bayer Crop Science Ltd. in Hybrid Seed Cultivation Case.

    Bayer Crop Science Ltd Vs Dy. Commissioner of Income Tax

    (2023) TaxCorp(LJ) 32731 (ITAT-MUMBAI) · Section 10(1)

  4. ITAT Mumbai · 08 Nov 2023
    ITAT - Mumbai ITAT Upholds DDT Rate, Declines Refund Based on MFN Clause.

    Total Energies Marketing India Pvt. Ltd Vs DCIT

    (2023) TaxCorp(LJ) 32691 (ITAT-MUMBAI)

  5. ITAT Mumbai · 06 Nov 2023
    ITAT - Mumbai Tribunal Upholds Reassessment but Cancels Bogus Capital Gains Addition.

    SOHNI DIPAK TANNA VERSUS ITO 1 (1) (1) , MUMBAI AND (VICE-VERSA)

    (2023) TaxCorp(LJ) 32678 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=108303&Category=ITAT&CategoryType=Zip

  6. ITAT Mumbai · 02 Nov 2023
    ITAT - Shree Sai Baba Sansthan Wins Tax Exemption on Anonymous Donations as ITAT Recognizes Dual Charitable and Religious Nature.

    Shree Sai Baba Sansthan Trust (Shridi) Vs DCIT

    (2023) TaxCorp(LJ) 32657 (ITAT-MUMBAI)

  7. ITAT Mumbai · 01 Nov 2023
    ITAT - Mumbai Tribunal Validates Non-Deduction of TDS on Foreign Professional Fees and Reimbursements.

    THE DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 16 (2) , MUMBAI VERSUS KPMG ASSURANCE AND CONSULTING SERVICES LLP

    (2023) TaxCorp(LJ) 32647 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=108131&Category=ITAT&CategoryType=Zip

  8. ITAT Mumbai · 28 Oct 2023
    ITAT - Mumbai ITAT Delivers Landmark Ruling: Addresses Depreciation on Intangible Assets, Bad Debt Claims, and Impairment Loss Allowability.

    Messe Frankfurt Trade Fairs India Pvt Limited Vs ACIT

    (2023) TaxCorp(LJ) 32624 (ITAT-MUMBAI)

  9. ITAT Mumbai · 28 Oct 2023
    ITAT - Mumbai Tribunal Deems Management Service Fees (MSF) Not as 'Royalty'; Not Taxable in India.

    M/S. VAN OORD DREDGING AND MARINE CONTRACTORS BV VERSUS ASSISTANT COMMISSIONER OF INCOME TAX (INTERNATIONAL TAX-4 (3) (1) , MUMBAI

    (2023) TaxCorp(LJ) 32622 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=107939&Category=ITAT&CategoryType=Zip

  10. ITAT Mumbai · 28 Oct 2023
    ITAT - Mumbai Tribunal Rules Gains from DSPML Shares Transfer as 'Capital Gains': Assessee to Benefit from Section 54EA Exemption.

    LATE SHRI MATHRADAS KOTHARI (BY THE EXECUTOR OF HIS ESTATE SHRI HEMENDRA M. KOTHARI) VERSUS THE INCOME TAX OFFICER- 4 (3) (1) , MUMBAI

    (2023) TaxCorp(LJ) 32621 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=107940&Category=ITAT&CategoryType=Zip

  11. ITAT Mumbai · 26 Oct 2023
    ITAT - Mumbai Tribunal Rules in Favour of Assessee on Reopening of Assessment and Outstanding Sundry Creditors.

    M/S. MINESTONE VERSUS ACIT-18 (2) MUMBAI

    (2023) TaxCorp(LJ) 32606 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=107925&Category=ITAT&CategoryType=Zip

  12. ITAT Mumbai · 23 Oct 2023
    ITAT - Mumbai ITAT Exempts McKinsey Singapore's Income from 'Borrowed Services' to McKinsey India from Being Taxed as FTS.

    McKinsey & Company Singapore Pte Ltd Vs JCIT (OSD) (IT)

    (2023) TaxCorp(LJ) 32594 (ITAT-MUMBAI)

  13. ITAT Mumbai · 23 Oct 2023
    ITAT - Mumbai Tribunal Clarifies: No Penalties for Merely Changing Income Head; Emphasizes Correct Classification and Documentation.

    D.C. POLYESTER LIMITED VERSUS DCIT, CC-6 (4) , MUMBAI

    (2023) TaxCorp(LJ) 32590 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=107844&Category=ITAT&CategoryType=Zip

  14. ITAT Mumbai · 21 Oct 2023
    ITAT - Mumbai ITAT Approves Deduction of Revaluation Loss from Forex Fluctuations for Food Oil Exporter.

    Bunge India Pvt. Ltd Vs The Joint Commissioner of Income Tax

    (2023) TaxCorp(LJ) 32585 (ITAT-MUMBAI)

  15. ITAT Mumbai · 20 Oct 2023
    ITAT - Mumbai Tribunal Upholds 'Principle of Mutuality': Assessee's Income from Members Exempted.

    DY. COMMISSIONER OF INCOME TAX (EXEMPTION) –1 (1) , MUMBAI VERSUS INDIAN MACHINE TOOLS MANUFACTURERS' ASSOCIATION AND (VICE-VERSA)

    (2023) TaxCorp(LJ) 32578 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=107786&Category=ITAT&CategoryType=Zip

  16. ITAT Mumbai · 17 Oct 2023
    ITAT - Mumbai ITAT Rules: No Survivability for Section 143(1) Adjustments Absent Corresponding Assessment Additions.

    National Stock Exchange of India Limited Vs DCIT

    (2023) TaxCorp(LJ) 32554 (ITAT-MUMBAI) · Section 143(1)

  17. ITAT Mumbai · 16 Oct 2023
    ITAT - Mumbai ITAT Backs Assessee: Non-disclosure of Interest on Tax-refund in ITR is 'Bona Fide'; Negates Sec.270A Penalty.

    Kavita Jasjit Singh Vs Commissioner of Income Tax (Appeals)

    (2023) TaxCorp(LJ) 32546 (ITAT-MUMBAI) · Section 270A

  18. ITAT Mumbai · 11 Oct 2023
    ITAT - Mumbai ITAT Recognizes Separate Benefits for Mauritian Investors: STCG Exemptions & LTCL Carry-Forward Approved.

    Indium IV (Mauritius) Holdings Limited Vs DCIT (International transaction)-2(2)(1)

    (2023) TaxCorp(LJ) 32506 (ITAT-MUMBAI)

  19. ITAT Mumbai · 09 Oct 2023
    ITAT - Mumbai ITAT Vacates Stay for NSE Clearing Ltd: Repeated Adjournments Based on Pending Order of Parent Company Not Justifiable.

    NSE clearing Ltd Vs DCIT

    (2023) TaxCorp(LJ) 32490 (ITAT-MUMBAI)

  20. ITAT Mumbai · 05 Oct 2023
    ITAT - Mumbai ITAT Stresses Need for Evidence in Reimbursement Claims; Reiterates Taxability as FTS Without Proof.

    Kraft Foods Group Brands LLC Vs ACIT

    (2023) TaxCorp(LJ) 32461 (ITAT-MUMBAI)

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