ITAT Mumbai
Explore the latest ITAT Mumbai judgments, orders, and appellate decisions on direct tax matters from the Mumbai bench of the Income Tax Appellate Tribunal
![Income from Design Charges are business income to compute deduction u/s 10A of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Design-Charges-business-income-business-income-deduction-Income-Tax-Act-Income-Tax-Tax-ITAT-taxscan.jpg "Income from Design Charges are business income to compute deduction u/s 10A of Income Tax Act: ITAT [Read Order]")
Income from Design Charges are business income to compute deduction u/s 10A of Income Tax Act: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ), held that Income from Design Charges are business income to compute deduction under...
![Income from Shareholders account liable to be Taxed as part of Life Insurance Business: ITAT grants relief to Tata AIA Life Insurance [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-from-shareholders-account-liable-to-be-taxed-as-part-of-life-insurance-business-ITAT-grants-relief-to-Tata-AIA-Life-Insurance-TAXSCAN.jpg "Income from Shareholders account liable to be Taxed as part of Life Insurance Business: ITAT grants relief to Tata AIA Life Insurance [Read Order]")
![Interest on Loan of Leased portion of Building cannot be allowed as work-in-progress when eligible for Deduction u/s 24: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Interest-on-loan-loan-Interest-work-in-progress-deduction-ITAT-Taxscan.jpg "Interest on Loan of Leased portion of Building cannot be allowed as work-in-progress when eligible for Deduction u/s 24: ITAT [Read Order]")
![Capital Gain Exemption allowable only to the Extend of Cultivated Land: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Capital-Gain-Exemption-Capital-Gain-Cultivated-Land-ITAT-Income-Tax-taxscan.jpg "Capital Gain Exemption allowable only to the Extend of Cultivated Land: ITAT [Read Order]")
![Co-Operative Society Eligible to Claim Deduction of Interest from Deposits in Co-Operative Banks: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Co-Operative-Society-Claim-Deduction-of-Interest-Deduction-Deduction-of-Interest-Deposits-Co-Operative-Banks-ITAT-Income-Tax-Taxscan.jpg "Co-Operative Society Eligible to Claim Deduction of Interest from Deposits in Co-Operative Banks: ITAT [Read Order]")
![Income Tax Return Filed after Due Date under Section 80AC: ITAT denies Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Return-Filed-after-Due-Date-under-Section-80AC-ITAT-denies-Deduction-TAXSCAN.jpg "Income Tax Return Filed after Due Date under Section 80AC: ITAT denies Deduction [Read Order]")
Business Profits earned by RGA International Reinsurance Company on Account of Reinsurance Business have No Tax Implications in India: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai held that the business profits earned by the RGA International Reinsurance Company on account of the reinsurance business have no tax implications in...
![Business Profits earned by RGA International Reinsurance Company on Account of Reinsurance Business have No Tax Implications in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Business-Profits-RGA-International-Reinsurance-Company-Reinsurance-Business-Tax-Implications-ITAT-taxscan.jpg "Business Profits earned by RGA International Reinsurance Company on Account of Reinsurance Business have No Tax Implications in India: ITAT [Read Order]")
![Absence of Valid Reasons and Tangible Materials: ITAT quashes Re-Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Tangible-Materials-ITAT-Re-Assessment-taxscan.jpg "Absence of Valid Reasons and Tangible Materials: ITAT quashes Re-Assessment [Read Order]")
Income Tax Exemption to Trust u/s 11 cannot be Denied Merely due to Delay in furnishing of Audit Report in Form 10B: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the exemption to Trusts under section 11 of the Income Tax Act, 1961 cannot be denied merely due to the delay in furnishing of the...
![Income Tax Exemption to Trust u/s 11 cannot be Denied Merely due to Delay in furnishing of Audit Report in Form 10B: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Exemption-to-Trust-Denied-Merely-due-to-Delay-in-furnishing-of-Audit-Report-in-Form-10B-ITAT-TAXSCAN.jpg "Income Tax Exemption to Trust u/s 11 cannot be Denied Merely due to Delay in furnishing of Audit Report in Form 10B: ITAT [Read Order]")
ITAT asks Govt to bring out Mechanism to ensure Tax Recovery from ARCs/Banks on Sale of Security Assets [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Mumbai Bench asked the Government to bring out Mechanism to ensure Tax Recovery from Asset Re construction Companies (ARCs)/Banks on sale of Security...
![ITAT asks Govt to bring out Mechanism to ensure Tax Recovery from ARCs/Banks on Sale of Security Assets [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/ITAT-Mechanism-Tax-Recovery-Tax-ARCs-Banks-Sale-of-Security-Assets-Security-Assets-Sale-Asset-Re-construction-Companies-taxscan.jpg "ITAT asks Govt to bring out Mechanism to ensure Tax Recovery from ARCs/Banks on Sale of Security Assets [Read Order]")
No Claim of Purchase of Asset as an application of Income: ITAT directs to allow Depreciation [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench directed to allow depreciation on the ground that there was no claim of purchase of asset as application of income. The assessee, Vidya Vikas...
![No Claim of Purchase of Asset as an application of Income: ITAT directs to allow Depreciation [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/claim-purchase-of-asset-asset-ITAT-income-depreciation-taxscan.jpg "No Claim of Purchase of Asset as an application of Income: ITAT directs to allow Depreciation [Read Order]")
![Interest Income not to be assessed When Assessee is Non-Resident: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Interest-Income-Interest-Income-Assessee-ITAT-Income-tax-taxscan.jpg "Interest Income not to be assessed When Assessee is Non-Resident: ITAT [Read Order]")