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Landmark Rulings

ITAT Mumbai — Direct Tax

2,432 rulings

  1. ITAT Mumbai · 24 Mar 2025
    ITAT Mumbai Upholds Non-Taxability of UK Company Services, Dismisses Revenue’s Reassessment Appeal

    Red Chillies Entertainment Pvt. Ltd. Vs DCIT

    (2025) TaxCorp(LJ) 34971 (ITAT-MUMBAI) · Section 40(a)(i)

  2. ITAT Mumbai · 24 Mar 2025
    Ambani's HSBC Account Deposits: Mumbai ITAT Dismisses Revenue's Appeal on Section 69A Additions in Absence of Ownership Evidence

    Mukesh D. Ambani Vs Deputy Commissioner of Income Tax

    (2025) TaxCorp(LJ) 34970 (ITAT-MUMBAI)

  3. ITAT Mumbai · 02 Apr 2025
    Mumbai ITAT Rules in Favor of Assessee: Rs. 5 Crore Business Loss/Bad Debt Allowed for Irrecoverable Loan

    DSP Adiko Holdings Pvt. Ltd Vs Dy. CIT

    (2025) TaxCorp(LJ) 34967 (ITAT-MUMBAI)

  4. ITAT Mumbai · 02 Apr 2025
    Mumbai ITAT Overturns Revenue’s Addition Regarding Alleged Cash Loan and Estimated Interest for AYs 2012-13 to 2018-19

    Mahesh Narayan Joglekar Vs DCIT

    (2025) TaxCorp(LJ) 34966 (ITAT-MUMBAI)

  5. ITAT Mumbai · 31 Mar 2025
    Deemed Rental Income Taxable for Unsold Property: ITAT Mumbai Issues Key Ruling

    Sabarmati Capital One Limited Vs DCIT

    (2025) TaxCorp(LJ) 34965 (ITAT-MUMBAI)

  6. ITAT Mumbai · 06 Mar 2025
    Mumbai ITAT Annuls Re-Assessment Proceedings Against Shah Rukh Khan, Citing Lack of New Evidence

    Shah Rukh khan Vs DCIT

    (2025) TaxCorp(LJ) 34958 (ITAT-MUMBAI)

  7. ITAT Mumbai · 18 Mar 2025
    National Stock Exchange v. AO: Mumbai ITAT Overturns Disallowance Under Section 14A

    National Stock Exchange of India Ltd Vs DCIT

    (2025) TaxCorp(LJ) 34954 (ITAT-MUMBAI) · Section 14A

  8. ITAT Mumbai · 31 Mar 2025
    Mumbai ITAT Exempts Aditya Birla Education Trust from "Specified Person" Definition, Overturns AO's Disallowance of Interest and Lease Expenses

    Vaibhav Medical and Education Foundation Vs ITO (Exemption)–2(4)

    (2025) TaxCorp(LJ) 34945 (ITAT-MUMBAI)

  9. ITAT Mumbai · 26 Mar 2025
    Mumbai ITAT Rules Assessment Order Under Section 143(3) r.w. Section 153A Lacks Jurisdiction Due to Absence of Incriminating Material

    Premier Marine Products Pvt. Ltd Vs ACIT

    (2025) TaxCorp(LJ) 34943 (ITAT-MUMBAI) · Sections 143(3), 153A

  10. ITAT Mumbai · 26 Mar 2025
    Mumbai ITAT Rules Compensation for Giving Up 'Right to Sue' as Capital Receipt, Exempting it from Taxation

    Shelter Developers Vs DCIT

    (2025) TaxCorp(LJ) 34938 (ITAT-MUMBAI)

  11. ITAT Mumbai · 26 Mar 2025
    ITAT Mumbai Dismisses Additions Made by AO on Basis of Inadequate Evidence from WhatsApp Communications

    Prashant Prakash Nilawar Vs ACIT

    (2025) TaxCorp(LJ) 34931 (ITAT-MUMBAI)

  12. ITAT Mumbai · 01 Apr 2025
    ITAT Upholds Disallowance of Artificial Business Loss from Commodity Transactions, Highlights Tax Evasion Attempts

    Vision Millenium Exports P. Ltd Vs DCIT

    (2025) TaxCorp(LJ) 34929 (ITAT-MUMBAI)

  13. ITAT Mumbai · 01 Apr 2025
    Mumbai ITAT Rules in Favor of Assessee Entitled to New Tax Regime Benefits Amid Processing Delays

    Krishna Gopal Diwvedi HUF Vs Centralized Processing Centre, Bengaluru Income Tax Department

    (2025) TaxCorp(LJ) 34928 (ITAT-MUMBAI) · Section 115BAC

  14. ITAT Mumbai · 10 Mar 2025
    Mumbai ITAT Rules Long-Term Capital Gain on Johnson & Johnson’s Trademark Sales, Declares Section 50 Inapplicable for Pre-April 1998 Acquisitions

    Johnson & Johnson Private Limited Vs Dy. Commissioner of Income Tax

    (2025) TaxCorp(LJ) 34921 (ITAT-MUMBAI) · Section 50

  15. ITAT Mumbai · 28 Mar 2025
    Mumbai ITAT Overturns CIT(A)'s Ruling on Defective Income Return Declaring No Requirement for Audit Under Section 44AB

    Bellona Estate Developers Ltd Vs DCIT

    (2025) TaxCorp(LJ) 34911 (ITAT-MUMBAI) · Section 44AB

  16. ITAT Mumbai · 03 Mar 2025
    Mumbai ITAT Quashes Assessment Orders for AY 2018-19 Due to Lack of Valid Jurisdiction Under Black Money Act

    Anandi Kaushik Laijawala Vs Dy. Director of Income Tax

    (2025) TaxCorp(LJ) 34900 (ITAT-MUMBAI)

  17. ITAT Mumbai · 04 Apr 2025
    Mumbai ITAT Special Bench Rules on Deductibility of Expenses Under India-UAE DTAA: A Landmark Decision

    Mashreq Bank PSC Vs DCIT(IT)-3(2)

    (2025) TaxCorp(LJ) 34879 (ITAT-MUMBAI)

  18. ITAT Mumbai · 25 Feb 2025
    Mumbai ITAT Clarifies GST Adjustment Treatment, Reverses Section 56(2)(x) Addition

    Jayantilal Umashankar Chavji Vs National E Assessment Centre National Eassessment Centre

    (2025) TaxCorp(LJ) 34877 (ITAT-MUMBAI) · Section 56(2)(x)

  19. ITAT Mumbai · 04 Apr 2025
    Mumbai ITAT Reverses Revenue's Decision on Long Term Capital Gains and Losses for Taxpayer Under India-Mauritius DTAA

    Matrix Partners India Investment Holdings, LLC Vs DCIT

    (2025) TaxCorp(LJ) 34872 (ITAT-MUMBAI)

  20. ITAT Mumbai · 04 Apr 2025
    Mumbai ITAT Denies Assessee's Deduction Claims Under Section 80IA Stating Lack of Ownership in Infrastructure Development

    Gulermak TPL Joint Venture Vs DCIT

    (2025) TaxCorp(LJ) 34871 (ITAT-MUMBAI)

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