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Landmark Rulings

ITAT Mumbai — Direct Tax

2,813 rulings

  1. ITAT Mumbai · 08 Aug 2026
    Mumbai ITAT Clarifies Taxation of Deceased’s Estate Administered by Sole Executor—Individual Slab Rates to Apply Pending Verification of Will

    Estate of Late Rajen Krishnalal Shah Vs ITO

    (2026) TaxCorp(LJ) 38472 (ITAT-MUMBAI) · Section 168(1)(a)

  2. ITAT Mumbai · 08 Aug 2026
    Mumbai ITAT Rules Satellite Transponder Payments to Intelsat Not Taxable as ‘Royalty’ Under Section 9(1)(vi) or India-USA DTAA—No TDS Liability Arises

    Studio 18 Media Pvt. Ltd Vs DCIT

    (2026) TaxCorp(LJ) 38470 (ITAT-MUMBAI)

  3. ITAT Mumbai · 07 Aug 2026
    Mumbai ITAT Moderates Disallowance on Cash Salary and Staff Welfare Expenses: Limits to 10% Amidst Partial Evidence of Personal Use

    P H Financials and Investments Private Limited Vs DCIT

    (2026) TaxCorp(LJ) 38468 (ITAT-MUMBAI)

  4. ITAT Mumbai · 07 Aug 2026
    Mumbai ITAT Upholds Depreciation on Goodwill from Slump Sale but Disallows Depreciation on Non-Compete Fees, Treats Non-Compete Fees as Revenue Expenditure under Section 37(1)

    HI-Tech Radiators Private Limited Vs DCIT

    (2026) TaxCorp(LJ) 38467 (ITAT-MUMBAI)

  5. ITAT Mumbai · 08 Aug 2026
    Mumbai ITAT Declares Rebate under Section 87A Available on STCG Taxed u/s 111A for AY 2024-25 in Absence of Explicit Exclusion

    Lisha Gajendra Marlecha Vs Income Tax Department

    (2026) TaxCorp(LJ) 38354 (ITAT-MUMBAI) · Section 87A

  6. ITAT Mumbai · 08 Aug 2026
    Mumbai ITAT Rules Conditional, Disputed Receipts Not Taxable in AY 2013-14; Upholds CIT(A) Deletion on Grounds of Non-Crystallisation and AS-9 Compliance

    Neev Homes Private Limited Vs ACIT

    (2026) TaxCorp(LJ) 38355 (ITAT-MUMBAI)

  7. ITAT Mumbai · 08 Aug 2026
    Mumbai ITAT Quashes Addition of Provident Fund Interest: No Taxation in Absence of Actual Receipt, Upholds Doctrine of Real Income for Private Sector EPF Contributions

    Manik Pratap Gole Vs ITO

    (2026) TaxCorp(LJ) 38356 (ITAT-MUMBAI) · Section 10(11)

  8. ITAT Mumbai · 06 Aug 2026
    Mumbai ITAT Affirms Section 68 Addition for Unexplained Loan Despite Repayment via Banking Channels and Common Directorships

    Seven Rings Education Pvt. Ltd Vs Income Tax Officer

    (2026) TaxCorp(LJ) 38463 (ITAT-MUMBAI) · Section 68

  9. ITAT Mumbai · 06 Aug 2026
    Mumbai ITAT Affirms Retrospective Deduction u/s 32AC for Plant & Machinery Commissioned After Initial Acquisition—Aditya Birla Nuvo Ltd. Allowed Benefit on CWIP Transitioning to Installed Assets

    Aditya Birla Nuvo Limited (Since amalgamated with Grasim Industries Limited) Vs Dy.CIT

    (2026) TaxCorp(LJ) 38462 (ITAT-MUMBAI) · Section 32AC

  10. ITAT Mumbai · 05 Aug 2026
    Mumbai ITAT Affirms Deemed Dividend Addition: Loans to Major Shareholder Not Exempt Under Section 2(22)(e) Due to Lack of Substantial Lending Business

    Lalit C. Jobanputra Vs DCIT

    (2026) TaxCorp(LJ) 38458 (ITAT-MUMBAI) · Section 2(22)(e)

  11. ITAT Mumbai · 04 Aug 2026
    Mumbai ITAT Cancels Penalty for Bona Fide Depreciation Claim Revision by Power Sector Undertaking under Section 271(1)(c)

    Pravara Renewable Energy Limited Vs ACIT

    (2026) TaxCorp(LJ) 38451 (ITAT-MUMBAI) · Section 271(1)(c)

  12. ITAT Mumbai · 03 Aug 2026
    Mumbai ITAT Validates Reassessment Based on Prima Facie Material Regarding Undisclosed Land Sale; Disallows Bad Debt Claim on Advances to Sister Concern under Profit-Sharing MoU

    Rawassa Construction Vs DCIT

    (2026) TaxCorp(LJ) 38447 (ITAT-MUMBAI)

  13. ITAT Mumbai · 03 Aug 2026
    Mumbai ITAT Clarifies Full Section 54 Exemption Allowed on Entire Investment by Assessee in Jointly Purchased Property, Irrespective of Spouse's Name

    Himanshu Manoranjan Bhatt Vs ITO

    (2026) TaxCorp(LJ) 38446 (ITAT-MUMBAI) · Section 54

  14. ITAT Mumbai · 03 Aug 2026
    Mumbai ITAT Rules Actual Rental Receipts from Third Party Taxable as ‘Income from House Property’; Disallows Depreciation and Building Expenses for Let-Out Area Occupied by Nortel Network

    Procter & Gamble Home Products Private Limited Vs Additional Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38445 (ITAT-MUMBAI)

  15. ITAT Mumbai · 03 Aug 2026
    Mumbai ITAT Orders Fresh Scrutiny of Year-End Provisions Under Section 37(1) for Maersk India; Pure Reimbursement to Shipping Association Exempted from TDS Disallowance

    Maersk India Private Limited Vs JCIT

    (2026) TaxCorp(LJ) 38439 (ITAT-MUMBAI)

  16. ITAT Mumbai · 03 Aug 2026
    Mumbai ITAT Quashes Section 68 Addition on Share Capital: Assessee’s Documentary Proof and Investor Credentials Prevail Over Investigation Wing Report

    Divine Infracreation and Trading Private Limited Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38440 (ITAT-MUMBAI) · Section 68

  17. ITAT Mumbai · 30 Jul 2026
    ITAT Mumbai Quashes PCIT’s Revision Under Section 263: Returns Filed in Response to Section 148 Notice Deemed as Section 139 Returns for Section 80AC Compliance

    Unnat Nagar CHS Ltd Vs PCIT

    (2026) TaxCorp(LJ) 38435 (ITAT-MUMBAI) · Sections 80AC, 139(1), 148

  18. ITAT Mumbai · 30 Jul 2026
    Mumbai ITAT Affirms: Executive Search Fees from Indian AE Not Taxable as Royalty under India–Netherlands DTAA; APA Framework Upheld

    Spencer Stuart International B.V. Vs Assistant Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38434 (ITAT-MUMBAI)

  19. ITAT Mumbai · 30 Jul 2026
    Mumbai ITAT Affirms Section 54F Exemption for Investment Made via Allotment Letter Despite Subsequent Registration Delays

    Ashwin Chhotalal Paurana Vs ITO

    (2026) TaxCorp(LJ) 38433 (ITAT-MUMBAI) · Section 54F

  20. ITAT Mumbai · 30 Jul 2026
    Capital Gains Deduction Allowed—Section 56 Cannot Apply on Mere Suspicion of Benami Ownership Where Documentary Title and Possession Proven

    Pushpa Vedprakash Agarwal Vs AO {IncomeTaxOfficer}

    (2026) TaxCorp(LJ) 38432 (ITAT-MUMBAI) · Section 56

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