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
![Payment of Tax Consultation Fee after passing of Order by Income Tax Department cannot be treated as Prior Period Expenses: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Payment-of-Tax-Consultation-Fee-Income-Tax-Department-Prior-Period-Expenses-ITAT-Taxscan.jpeg "Payment of Tax Consultation Fee after passing of Order by Income Tax Department cannot be treated as Prior Period Expenses: ITAT [Read Order]")
Payment of Tax Consultation Fee after passing of Order by Income Tax Department cannot be treated as Prior Period Expenses: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai held that payment of Tax Consultation Fee after passing of Order by Income Tax Department cannot be...
![Relief to Sajid Nadiadwala: ITAT allows Claim of Amount paid for Sale of Remake Rights by Baaghi Makers [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Sajid-Nadiadwala-ITAT-Baaghi-Makers-Taxscan.jpeg "Relief to Sajid Nadiadwala: ITAT allows Claim of Amount paid for Sale of Remake Rights by Baaghi Makers [Read Order]")
![Goods Transport Business cannot Prove veracity of Expenses with Documents: ITAT deletes Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/ITAT-disallowance-goods-transport-business-veracity-of-expenses-Taxscan.jpeg "Goods Transport Business cannot Prove veracity of Expenses with Documents: ITAT deletes Disallowance [Read Order]")
![Wrong claim of TDS would not amount to Penalty u/s 271: ITAT quashes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Wrong-claim-TDS-ITAT-penalty-Taxscan.jpeg "Wrong claim of TDS would not amount to Penalty u/s 271: ITAT quashes Penalty [Read Order]")
![TDS Credit is allowable if it was not claimed in Subsequent Year: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/TDS-credit-ITAT-Taxscan.jpg "TDS Credit is allowable if it was not claimed in Subsequent Year: ITAT [Read Order]")
Interest-Bearing Funds not Utilised for Advancing Funds: ITAT upholds deletion of Interest made u/s 36(1)(iii) [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that interest-bearing funds not utilised for advancing funds and upholds the deletion of interest made u/s 36(1)(iii). The...
![Interest-Bearing Funds not Utilised for Advancing Funds: ITAT upholds deletion of Interest made u/s 36(1)(iii) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Interest-Bearing-Funds-Utilised-Advancing-Funds-ITAT-Deletion-Interest-Taxscan.jpg "Interest-Bearing Funds not Utilised for Advancing Funds: ITAT upholds deletion of Interest made u/s 36(1)(iii) [Read Order]")
Long Term Capital Gain from Sale of Shares of Bogus Company: ITAT upholds Disallowance u/s 68 [Read Order]
While upholding the disallowance u/s 68 of the Income Tax Act, the Mumbai Bench of the Income Tax Appellate Tribunal has held that long-term capital gain from the sale of shares of the bogus company....
![Long Term Capital Gain from Sale of Shares of Bogus Company: ITAT upholds Disallowance u/s 68 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Long-Term-Capital-Gain-sale-of-Shares-bogus-Company-ITAT-Disallowance-Taxscan.jpg "Long Term Capital Gain from Sale of Shares of Bogus Company: ITAT upholds Disallowance u/s 68 [Read Order]")
Dividend received by Builder not subject to DDT shall Assessable as 'Other Income': ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) comprising Shri Vikas Awasthy, Judicial Member & Shri Gagan Goyal, Accountant Member has held that the dividend income received by the...
![Dividend received by Builder not subject to DDT shall Assessable as Other Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Dividend-DDT-Other-Income-ITAT-TAxscan.jpg "Dividend received by Builder not subject to DDT shall Assessable as Other Income: ITAT [Read Order]")
Compensation Received by Assessee as Salary Received in Advance: ITAT holds Assessee can Avail Relief on Terminal Compensation [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal has held that the assessee can avail relief on terminal compensation since compensation received by the assessee as salary received in advance. ...
![Compensation Received by Assessee as Salary Received in Advance: ITAT holds Assessee can Avail Relief on Terminal Compensation [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Compensation-Received-Assessee-Salary-Received-ITAT-Assessee-Avail-Terminal-Compensation-Taxscan.jpeg "Compensation Received by Assessee as Salary Received in Advance: ITAT holds Assessee can Avail Relief on Terminal Compensation [Read Order]")
![Refund of Sewage Tax constitute ‘Business Income’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Refund-Sewage-Tax-constitute-Business-Income-ITAT-Taxscan-1.jpeg "Refund of Sewage Tax constitute ‘Business Income’: ITAT [Read Order]")
Donation to Mosque providing Free Lunch to Employees cannot be allowed as Business Expenditure: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the amount of donation paid to the Mosque providing free lunch to the employees cannot be treated as business expenditure...
![Donation to Mosque providing Free Lunch to Employees cannot be allowed as Business Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Donation-to-Mosque-Free-Lunch-Employees-Business-Expenditure-ITAT-Taxscan.jpeg "Donation to Mosque providing Free Lunch to Employees cannot be allowed as Business Expenditure: ITAT [Read Order]")
Royalty received by Marriott International from Indian Entities: ITAT directs AO to re-consider the Taxability [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) comprising Shri Prashant Maharishi, AM and Shri Sandeep Singh Karhail, JM has has directed the Assessing Officer to re-consider the...
![Royalty received by Marriott International from Indian Entities: ITAT directs AO to re-consider the Taxability [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Royalty-Marriott-International-Indian-Entities-ITAT-AO-Taxability-Taxscan.jpeg "Royalty received by Marriott International from Indian Entities: ITAT directs AO to re-consider the Taxability [Read Order]")