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Landmark Rulings

ITAT Mumbai — Direct Tax

2,432 rulings

  1. ITAT Mumbai · 22 Apr 2024
    ITAT - Tax on Notional Rent for Stock-in-Trade.

    Mack Star Marketing Private Limited Vs National Faceless Appeal Centre

    (2024) TaxCorp(LJ) 33762 (ITAT-MUMBAI)

  2. ITAT Mumbai · 18 Apr 2024
    ITAT - Mumbai Tribunal Affirms Deduction Under Section 10B for Food Manufacturing Units.

    ITO-4 (2) (4) , MUMBAI VERSUS M.M. POONJIAJI SPICES LTD AND M.M. POONJIAJI SPICES LTD VERSUS DCIT-4 (2) , MUMBAI

    (2024) TaxCorp(LJ) 33737 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=111177&Category=ITAT&CategoryType=Zip

  3. ITAT Mumbai · 16 Apr 2024
    ITAT - Mumbai ITAT Quashes Time-Barred Reassessment for Non-Resident's Foreign Assets.

    Jaspal Singh Sawhney Vs The Income Tax Officer

    (2024) TaxCorp(LJ) 33730 (ITAT-MUMBAI)

  4. ITAT Mumbai · 13 Apr 2024
    ITAT - Mumbai ITAT Remands Share Valuation Issue, Emphasizes Underlying Operating Company's Value for Investment Companies.

    Tex-Kare Cleaners Pvt. Ltd Vs ITO

    (2024) TaxCorp(LJ) 33710 (ITAT-MUMBAI)

  5. ITAT Mumbai · 06 Apr 2024
    ITAT - Mumbai ITAT Rules No Income Accrual in India from Offshore Property Transfer, Follows Ishikawajma Harima Judgment.

    Schindler China Elevator Company Limited Vs The ACIT

    (2024) TaxCorp(LJ) 33679 (ITAT-MUMBAI)

  6. ITAT Mumbai · 23 Mar 2024
    ITAT - Mumbai ITAT Holds Notional Interest Income Credited as per Ind AS Not Taxable in Absence of Contractual Obligation.

    Kesar Terminals and Infrastructure Ltd Vs ACIT

    (2024) TaxCorp(LJ) 33605 (ITAT-MUMBAI)

  7. ITAT Mumbai · 19 Mar 2024
    ITAT - Mumbai ITAT Quashes Reassessment, Slams NFAC for Ignoring Material Facts.

    Reporter Family Private Trust Vs ITO(IT)

    (2024) TaxCorp(LJ) 33578 (ITAT-MUMBAI)

  8. ITAT Mumbai · 14 Mar 2024
    ITAT - Mumbai ITAT Rules IT Company's Rental Income from Tech Park Taxable as 'House Property', Not 'Business Income'.

    Directi Internet Solutions Pvt Ltd Vs ITO-5(1)(3)

    (2024) TaxCorp(LJ) 33537 (ITAT-MUMBAI)

  9. ITAT Mumbai · 09 Mar 2024
    ITAT - Mumbai ITAT Rules US Hotelier's Marketing Contribution & Reservation Fees Not Taxable as Royalty, Distinguishes Marriott Ruling.

    Six Continents Hotels, Inc. Vs Dy. Commissioner of Income Tax (I.T.)

    (2024) TaxCorp(LJ) 33499 (ITAT-MUMBAI)

  10. ITAT Mumbai · 07 Mar 2024
    ITAT - Mumbai ITAT Allows Short-Term Capital Loss & Gain Set Off for Foreign Investor Despite Different Tax Rates.

    JS Capital LLC Vs ACIT

    (2024) TaxCorp(LJ) 33485 (ITAT-MUMBAI)

  11. ITAT Mumbai · 06 Mar 2024
    Mumbai ITAT: No TDS Under Sec. 194LBC on Excess Interest Spread Paid by Securitisation Trust to Financial Institution

    SME Pool Series V August 2016 Vs Income Tax Officer

    (2024) TaxCorp(LJ) 33476 (ITAT-MUMBAI) · Section 194LBC

  12. ITAT Mumbai · 29 Feb 2024
    ITAT - Mumbai ITAT Grants Tax Exemption to ADIA, Criticizes CIT(A)’s Reliance on Mobile Number for Treaty Denial.

    Abu Dhabi Investment Authority Vs The Dy. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33436 (ITAT-MUMBAI)

  13. ITAT Mumbai · 20 Feb 2024
    ITAT - Mumbai ITAT Upholds PCIT's Revisionary Powers Over Faceless Assessment Orders.

    RDC Ventures Vs Principal Commissioner of Income Tax-27

    (2024) TaxCorp(LJ) 33364 (ITAT-MUMBAI)

  14. ITAT Mumbai · 19 Feb 2024
    ITAT - Mumbai ITAT Rules on Determining Holding Period for Capital Gains: Delivery Date and Consideration Matter, Not SPA Execution Date.

    Citicorp International Finance Corporation Vs The Addl. DIT

    (2024) TaxCorp(LJ) 33357 (ITAT-MUMBAI)

  15. ITAT Mumbai · 13 Feb 2024
    Mumbai Tribunal Quashes Reassessment under Section 147, Upholds Exemption Eligibility under Section 11

    THE ACIT, CIRCLE -7 (1) , DELHI VERSUS M/S. DAYAL STEEL P. LTD., DELHI

    (2024) TaxCorp(LJ) 33309 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=110237&Category=ITAT&CategoryType=Zip

  16. ITAT Mumbai · 10 Feb 2024
    ITAT - British Virgin Island Entity Not Taxable in India as Business Connection Remunerated at Arm's Length.

    ATL Media Limited Vs Dy. Director of Income Tax (IT)

    (2024) TaxCorp(LJ) 33299 (ITAT-MUMBAI)

  17. ITAT Mumbai · 10 Feb 2024
    ITAT - Assessment Without Valid Service of Section 143(2) Notice Quashed by ITAT, Section 292BB Cannot Cure Defect.

    Seema A Talesara Vs Income-tax Officer

    (2024) TaxCorp(LJ) 33297 (ITAT-MUMBAI) · Sections 143(2), 292BB

  18. ITAT Mumbai · 22 Feb 2025
    ITAT - Mumbai ITAT Quashes Assessment Order Passed Without Draft Order, Holds Procedure Mandatory Despite Assessee's Waiver

    Welspun Global Brands Ltd Vs DCIT

    (2024) TaxCorp(LJ) 33262 (ITAT-MUMBAI)

  19. ITAT Mumbai · 27 Jan 2024
    Mumbai ITAT Upholds Deletion of Addition for Alleged Inflated Fuel Costs by Reliance Infrastructure

    Reliance Infrastructure Ltd Vs DCIT

    (2024) TaxCorp(LJ) 33200 (ITAT-MUMBAI)

  20. ITAT Mumbai · 20 Jan 2024
    Mumbai ITAT Rules in Favor of Exemption on Capital Gains for Pre-2017 Share Acquisition under Mauritius DTAA

    Comstar Mauritius Limited Vs CIT(IT)

    (2024) TaxCorp(LJ) 33169 (ITAT-MUMBAI)

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