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Landmark Rulings

ITAT Mumbai — Direct Tax

2,432 rulings

  1. ITAT Mumbai · 04 Feb 2025
    Mumbai ITAT Upholds Assessee's Tax Settlements under DTVSV, 2024, Rejects Revenue Appeals on Interest Additions of ₹50.24 Cr

    Priya Hiranandani Vs ITO

    (2025) TaxCorp(LJ) 34863 (ITAT-MUMBAI)

  2. ITAT Mumbai · 04 Feb 2025
    Mumbai ITAT Upholds CIT(A)’s Order, Dismisses Revenue’s Appeal Against Ambuja Cement for Non-Leviability of Penalty on Income Reporting

    Ambuja Cements Ltd. Vs Joint Commissioner of Income Tax

    (2025) TaxCorp(LJ) 34862 (ITAT-MUMBAI) · Section 271(1)(c)

  3. ITAT Mumbai · 04 Feb 2025
    Mumbai ITAT Rules in Favor of Assessee on Deduction Eligibility for Securitization Income Under Section 36(1)(viii)

    HDFC Bank Ltd. Vs Addl.CIT/ACIT/DCIT

    (2025) TaxCorp(LJ) 34859 (ITAT-MUMBAI)

  4. ITAT Mumbai · 04 Feb 2025
    Mumbai ITAT Upholds Assessee's Appeal, Nullifies Section 69 Addition for Alleged Bogus Share Purchases

    Sandeep Agarwal Vs DCIT

    (2025) TaxCorp(LJ) 34858 (ITAT-MUMBAI)

  5. ITAT Mumbai · 04 Feb 2025
    Tribunal Overturns Tax Reassessment for Non-existent Capital Gains Due to Missing Accounts

    Vimladevi Parasmal Jain Vs ITO

    (2025) TaxCorp(LJ) 34857 (ITAT-MUMBAI) · Section 68

  6. ITAT Mumbai · 01 Feb 2025
    Mumbai ITAT Rules in Favor of Assessees by Allowing Appeal Against CIT(A) on Accumulated Income Utilization under Section 11

    Asia Society India Centre Vs Income Tax Officer

    (2025) TaxCorp(LJ) 34852 (ITAT-MUMBAI) · Sections 11(3)(a), 11(3)(i)

  7. ITAT Mumbai · 29 Jan 2025
    Mumbai ITAT Rules Against Revenue's Appeal, Upholding Interest Expenditure Deduction for Business Advances

    T Bhimjyani Realty Private Ltd Vs Asst.CIT

    (2025) TaxCorp(LJ) 34846 (ITAT-MUMBAI) · Section 36(1)(iii)

  8. ITAT Mumbai · 01 Feb 2025
    Mumbai ITAT Rules on Capital Gains Taxation for Mauritius Resident Assessee, Upholds Exemption under India-Mauritius DTAA

    TVF Fund Ltd Vs DCIT

    (2025) TaxCorp(LJ) 34840 (ITAT-MUMBAI)

  9. ITAT Mumbai · 09 Apr 2025
    Penalty Quashed for Misinterpretation of Income Classification by Revenue

    Rothshield Insurance TPA Ltd Vs Income Tax Officer

    (2025) TaxCorp(LJ) 34837 (ITAT-MUMBAI)

  10. ITAT Mumbai · 17 Feb 2025
    Mumbai ITAT Declares Reassessment Notice Invalid Due to Improper Authority Approval

    Davos International Fund Vs ACIT(T)-2(1)(2)

    (2025) TaxCorp(LJ) 34836 (ITAT-MUMBAI) · Section 151(ii)

  11. ITAT Mumbai · 17 Feb 2025
    Mumbai ITAT Clarifies Treatment of Rental Income for Trusts in Taxation

    Punit Deora Trust Vs Income Tax Department

    (2025) TaxCorp(LJ) 34835 (ITAT-MUMBAI)

  12. ITAT Mumbai · 12 Feb 2025
    Revenue's Addition of Survey Charges and Training Centre Fees to Assessee Invalidated Due to Lack of Dependent Agent PE Status

    International Air Transport Association (CANADA) Vs ACIT

    (2025) TaxCorp(LJ) 34831 (ITAT-MUMBAI)

  13. ITAT Mumbai · 13 Feb 2025
    TDS Disallowances under Section 40(a)(ia) Deleted on Reimbursement Payments Made to CRISIL Ltd.

    CRISIL Limited Vs The ACIT

    (2025) TaxCorp(LJ) 34820 (ITAT-MUMBAI) · Section 40(a)(ia)

  14. ITAT Mumbai · 07 Feb 2025
    Mumbai ITAT Rules Maintenance and Support Services Not Taxable as Fee for Technical Services under India-Singapore DTAA

    Murex Southeast Asia Pvt. Ltd Vs DCIT

    (2025) TaxCorp(LJ) 34816 (ITAT-MUMBAI)

  15. ITAT Mumbai · 06 Feb 2025
    Differential Value in Property Transactions: ITAT Mumbai Ruling on Section 56(2)(x) Validates Allotment Letters as Binding Documents

    Balakrishna Venkapppa Bhandary Vs DCIT

    (2025) TaxCorp(LJ) 34813 (ITAT-MUMBAI) · Section 56(2)(x)

  16. ITAT Mumbai · 06 Feb 2025
    Mumbai ITAT Orders Re-computation of Rental Income, Acknowledging Business Expenses

    Janak Texturisers Pvt. Ltd Vs The Income Tax Officer

    (2025) TaxCorp(LJ) 34811 (ITAT-MUMBAI) · Section 57

  17. ITAT Mumbai · 30 Jan 2025
    Mumbai ITAT Overturns TDS Disallowance for Non-Resident Assessee; Confirms Non-Taxability of Foreign Salary Income

    Mridula Jha Jena Vs International Tax

    (2025) TaxCorp(LJ) 34805 (ITAT-MUMBAI) · Section 9(1)(ii)

  18. ITAT Mumbai · 16 Jan 2025
    Quashing of Revisionary Order by Mumbai ITAT: Breach of Natural Justice in Tax Assessment Process

    Maharashtra State Electricity Distribution Co. Ltd Vs The DCIT

    (2025) TaxCorp(LJ) 34800 (ITAT-MUMBAI)

  19. ITAT Mumbai · 24 Jan 2025
    Mumbai ITAT Rules in Favor of Assessee, Nullifies Disallowance Under Section 14A and Clarifies Methodology for Adjustments in Book Profit Computation

    Trent Ltd Vs DCIT

    (2025) TaxCorp(LJ) 34783 (ITAT-MUMBAI) · Section 14A

  20. ITAT Mumbai · 23 Jan 2025
    ITAT - Mumbai ITAT Quashes Notice and Order Due to Lack of Proper Authority’s Sanction

    Surya Ferrous Alloys Pvt. Ltd Vs ACIT

    (2025) TaxCorp(LJ) 34780 (ITAT-MUMBAI) · Section 148

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