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Landmark Rulings

ITAT Mumbai — Direct Tax

2,432 rulings

  1. ITAT Mumbai · 27 Aug 2024
    Mumbai ITAT Grants Stay to Indian Hotels Company Limited on Rs. 357.03 Cr Demand, Citing Strong Prima Facie Case and Balance of Convenience

    The Indian Hotels Company Limited Vs Dy. CIT

    (2024) TaxCorp(LJ) 34457 (ITAT-MUMBAI)

  2. ITAT Mumbai · 26 Aug 2024
    Mumbai ITAT Rules No Interest Under Sections 234B and 234C for Failure to Deduct TDS When Tax Liability is Fully Discharged

    Standard Chartered Bank (Singapore) Limited Vs DCIT

    (2024) TaxCorp(LJ) 34454 (ITAT-MUMBAI) · Sections 234B, 234C

  3. ITAT Mumbai · 21 Aug 2024
    Mumbai ITAT Dismisses Revenue's Appeal, Directs Deletion of Penalty Under Section 271(1)(c) for Lack of Willful Intention to Conceal Income

    Rohit Chatterji Vs DCIT

    (2024) TaxCorp(LJ) 34440 (ITAT-MUMBAI) · Section 271(1)(c)

  4. ITAT Mumbai · 17 Aug 2024
    Mumbai ITAT Rules KPMG’s Payments to Non-Resident Agency Exempt from Taxation under DTAA Articles 14 and 22

    KPMG Assurance and Consulting Services LLP Vs Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34435 (ITAT-MUMBAI)

  5. ITAT Mumbai · 10 Aug 2024
    Mumbai ITAT Partly Allows Assessee’s Appeal, Sets Precedent on Section 14A Disallowance and Error Trade Losses

    Morgan Stanley India Company Ltd Vs ACIT-4(3)(2)

    (2024) TaxCorp(LJ) 34417 (ITAT-MUMBAI) · Section 14A

  6. ITAT Mumbai · 26 Jul 2024
    Mumbai ITAT Refines Tax Treatment of Written-Off Creditors, Strikes Down Bogus Purchase Allegations

    Parvez Ahmed Khalkullah Choudhary Vs ITO

    (2024) TaxCorp(LJ) 34375 (ITAT-MUMBAI) · Sections 41(1), 68

  7. ITAT Mumbai · 20 Jul 2024
    Mumbai ITAT Adjudicates Appeals on Merits Against Assessee Undergoing Liquidation, Holds IBC Supersedes Income Tax Act

    Doshion Veolia Water Solution P. Ltd Vs ACIT

    (2024) TaxCorp(LJ) 34354 (ITAT-MUMBAI)

  8. ITAT Mumbai · 16 Jul 2024
    Mumbai ITAT Rules on Disallowances for Non-Deduction of TDS on Various Payments in Deutsche Equities Case

    Deutsche Equities India Private Limited Vs The Additional Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34316 (ITAT-MUMBAI) · Sections 40(a)(i), 40(a)(ia)

  9. ITAT Mumbai · 11 Jul 2024
    Mumbai ITAT Deletes Additions on Sales Promotion Expenses and Share Premium, Holds AS-7 Not Applicable to Developers

    PRL Developers Private Limited Vs ACIT

    (2024) TaxCorp(LJ) 34284 (ITAT-MUMBAI)

  10. ITAT Mumbai · 29 Jun 2024
    Mumbai ITAT Rules: Retrospective Application of Section 14A Disallowance Impermissible; Deletes Disallowance

    Zodiac Ventures Ltd Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34191 (ITAT-MUMBAI)

  11. ITAT Mumbai · 28 Jun 2024
    Software Exporter's Abnormal Profits Under Scanner: ITAT Orders Fresh Probe

    Ajay R. Agrawal (HUF) Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34183 (ITAT-MUMBAI) · Section 10A

  12. ITAT Mumbai · 26 Jun 2024
    Mumbai ITAT Quashes 'Appeal Effect' Order Against Tata Motors, Upholding Finality of Previous Rulings

    Tata Motors Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 34167 (ITAT-MUMBAI) · Section 115JB

  13. ITAT Mumbai · 26 Jun 2024
    Service Tax Payment Not Allowed as Business Expenditure: ITAT Mumbai

    Shreya Enterprises Vs ACIT

    (2024) TaxCorp(LJ) 34165 (ITAT-MUMBAI)

  14. ITAT Mumbai · 25 Jun 2024
    Retired Partners' Payments Not Income: ITAT Mumbai Deletes Disallowance of Rs. 11.49 Cr

    Deloitte Haskins and Sells LLP Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34164 (ITAT-MUMBAI)

  15. ITAT Mumbai · 22 Jun 2024
    Mumbai ITAT Rules Corpus-Specific Voluntary Contributions as Non-Taxable Capital Receipts

    Gemmological Institute of India Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34146 (ITAT-MUMBAI) · Section 11

  16. ITAT Mumbai · 20 Jun 2024
    Mumbai ITAT Upholds Sec.57 Disallowance for Interest Expenses Against Interest Income on Unrelated Capital Receipts

    Vinod D Chheda Vs ITO

    (2024) TaxCorp(LJ) 34131 (ITAT-MUMBAI) · Section 57

  17. ITAT Mumbai · 15 Jun 2024
    Mumbai ITAT Allows Sec.54 Deduction Considering Date of Possession as Purchase Date

    Prateek Rajendra Kapadia Vs ITO

    (2024) TaxCorp(LJ) 34104 (ITAT-MUMBAI) · Section 54

  18. ITAT Mumbai · 12 Jun 2024
    Mumbai ITAT Quashes Assessment Order Passed by ACIT Without Jurisdiction in Absence of Authorization under Sec.120(4)(b) or 127

    Tata Steel Limited Vs ITO(IT)TDS-2

    (2024) TaxCorp(LJ) 34085 (ITAT-MUMBAI) · Section 120(4)(b), 127

  19. ITAT Mumbai · 11 Jun 2024
    Non-Compete Fees Not a Revenue Receipt: ITAT Mumbai Rules in Favour of Assessee

    Lyka Labs Ltd Vs ACIT

    (2024) TaxCorp(LJ) 34075 (ITAT-MUMBAI)

  20. ITAT Mumbai · 10 Jun 2024
    Family Ties and Spiritual Pursuits Save the Day: ITAT Mumbai Quashes Addition Under Section 69A

    Hemant Samarataji Lohar Vs Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34073 (ITAT-MUMBAI)

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