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Landmark Rulings

ITAT Mumbai — Direct Tax

2,813 rulings

  1. ITAT Mumbai · 22 Jul 2026
    Mumbai ITAT Holds Marketing Expenditure on Existing Platform as Revenue Outlay; Disallows Capitalisation and Amortisation under Section 35D

    Stoughton Street Tech Labs Private Limited Vs ITO

    (2026) TaxCorp(LJ) 38389 (ITAT-MUMBAI) · Section 35D

  2. ITAT Mumbai · 22 Jul 2026
    Mumbai ITAT Safeguards Right to Carry Forward Losses Despite Technical Error in Subsequent Return Filing

    Trinity Opportunity Fund I Vs Assessing Officer

    (2026) TaxCorp(LJ) 38387 (ITAT-MUMBAI)

  3. ITAT Mumbai · 22 Jul 2026
    Mumbai ITAT Rules AO Cannot Override IRDAI's Regulatory Approval in SBI General Insurance Reinsurance Premium Disallowance

    SBI General Insurance Company Limited Vs ACIT

    (2026) TaxCorp(LJ) 38386 (ITAT-MUMBAI)

  4. ITAT Mumbai · 22 Jul 2026
    Mumbai ITAT Clarifies Scope of Rectification under Section 254(2); Corrects Error on Section 14A Disallowance in Tata Industries Limited Case

    Tata Industries Limited Vs ACIT, DCIT

    (2026) TaxCorp(LJ) 38384 (ITAT-MUMBAI) · Section 254(2)

  5. ITAT Mumbai · 22 Jul 2026
    Mumbai ITAT Invalidates Reassessment Notice Issued Post Limitation; Declares 10-Year Window Inapplicable for Third-Party Search Information for AY 2016-17

    Ekansh Concepts Limited Vs DCIT

    (2026) TaxCorp(LJ) 38383 (ITAT-MUMBAI)

  6. ITAT Mumbai · 21 Jul 2026
    ITAT Special Bench Clarifies: Notice Under Section 143(2) Not Invalid for Non-Adherence to CBDT Format; Procedural Defect Cured by Section 292B

    MD Sons Vs The Income Tax Officer

    (2026) TaxCorp(LJ) 38381 (ITAT-MUMBAI) · Section 143(2)

  7. ITAT Mumbai · 21 Jul 2026
    Mumbai ITAT Nullifies Reassessment under Sections 147/148 Owing to Inadequate Jurisdiction Based Solely on Third-Party Search Material

    S F Realty Ventures Private Limited Vs Assessing Officer

    (2026) TaxCorp(LJ) 38380 (ITAT-MUMBAI) · Section 153C

  8. ITAT Mumbai · 21 Jul 2026
    Mumbai ITAT Invalidates Section 148 Reassessment Based Solely on Third-Party Search Material, Mandates Exclusive Application of Section 153C Procedure

    Nihit Infracon Private Limited Vs ITO

    (2026) TaxCorp(LJ) 38375 (ITAT-MUMBAI) · Sections 148, 153C

  9. ITAT Mumbai · 20 Jul 2026
    Mumbai ITAT Upholds Rejection of Section 80GGC Deduction for Political Party Donation: Genuineness Scrutinized Amid Accommodation Entry Evidence

    Manoj Jayram Sarang Vs Income Tax Officer

    (2026) TaxCorp(LJ) 38357 (ITAT-MUMBAI) · Section 80GGC

  10. ITAT Mumbai · 20 Jul 2026
    ITAT Mumbai Annuls Section 153A Proceedings for AY 2018-19 in Civil Construction Case, Citing Non-Compliance with Rule 112F Certification on Election Period Seizure

    Arun Ramu Shikhare Vs ACIT

    (2026) TaxCorp(LJ) 38361 (ITAT-MUMBAI) · Section 153A

  11. ITAT Mumbai · 16 Jul 2026
    Mumbai ITAT Allows Full Depreciation on IPL Franchise Rights as Intangible Asset, Upholds Disallowance on Cash Payments and Unsubstantiated Business Research Expenditure

    Royal Multisports Pvt Ltd., (Formerly known as Jaipur IPL Cricket Pvt. Ltd.) Vs ACIT

    (2026) TaxCorp(LJ) 38364 (ITAT-MUMBAI)

  12. ITAT Mumbai · 18 Jul 2026
    Mumbai ITAT Quashes Penalty on Misclassification of ESOP Income: Assessee’s Bona Fide Mistake in Tax Head Selection Not Misreporting under Section 270A(9)

    Jai Shankar Krishnan Vs DCIT

    (2026) TaxCorp(LJ) 38369 (ITAT-MUMBAI) · Section 270A(9)

  13. ITAT Mumbai · 18 Jul 2026
    Mumbai ITAT Confirms Securitization Trust’s Status as Revocable Determinate Trust; Rejects AOP Classification for Want of Joint Action

    Arcil Cps 012 I Trust Vs ITO

    (2026) TaxCorp(LJ) 38368 (ITAT-MUMBAI)

  14. ITAT Mumbai · 18 Jul 2026
    ITAT Mumbai Quashes Assessment Order for Breach of Natural Justice: AO’s Reliance on Section 133(6) Replies Without Disclosure to Assessee Found Unsustainable; Matter Remanded for Fresh Consideration

    Yeoman Marine Services Pvt Ltd Vs DCIT

    (2026) TaxCorp(LJ) 38367 (ITAT-MUMBAI) · Section 133(6)

  15. ITAT Mumbai · 18 Jul 2026
    Mumbai ITAT Affirms Taxability of Interest Income Based on Actual Receipt; Bona Fide Change to Cash System Upheld Due to Borrower’s Financial Distress

    Amrita Prabhakar Deodhar Vs ACIT

    (2026) TaxCorp(LJ) 38366 (ITAT-MUMBAI)

  16. ITAT Mumbai · 15 Jul 2026
    ITAT Mumbai Quashes Penalty Under Section 270A: Repeated Error in Revised Return Not Sufficient to Establish Misreporting Where Full Disclosure Made

    Monji Vishram Pharmaceuticals Pvt. Ltd Vs NFAC/DCIT

    (2026) TaxCorp(LJ) 38340 (ITAT-MUMBAI) · Section 270A

  17. ITAT Mumbai · 13 Jul 2026
    Mumbai ITAT Upholds Estimation of Commission Income at 0.05% on Accommodation Entry Transactions After Substantial Bank Deposits Exposed

    Nirmal Purshotam Bhatia Vs ITO

    (2026) TaxCorp(LJ) 38335 (ITAT-MUMBAI)

  18. ITAT Mumbai · 13 Jul 2026
    Mumbai ITAT Rules Section 56(2)(x) Inapplicable on Purchase of Rural Agricultural Land for Solar Project; Addition Deleted

    Shree Swami Samarth Solar Park Pvt. Ltd. Vs DCIT

    (2026) TaxCorp(LJ) 38334 (ITAT-MUMBAI) · Section 56(2)(x)

  19. ITAT Mumbai · 13 Jul 2026
    ITAT Mumbai Restores Breach Candy Hospital Trust’s 12AB Registration: No Basis for 80G Denial, Medical Relief Recognized as Distinct Charitable Purpose

    Breach Candy Hospital Trust Vs Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38332 (ITAT-MUMBAI) · Section 12AB

  20. ITAT Mumbai · 13 Jul 2026
    Mumbai ITAT Clarifies: TDS Threshold under Section 194B Applies Per Individual Payment, Not Cumulative E-Wallet Winnings for AY 2017-18

    Play Games 24X7 Private Limited Vs ACIT

    (2026) TaxCorp(LJ) 38329 (ITAT-MUMBAI) · Section 194B

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