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
![Absence of PAN Alone Doesn’t Make Sales Unexplained if RTO Records Prove Transfer: ITAT Deletes Addition u/s. 68 [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/500x300_2092785-itat-directs-ao-itat-taxscan.webp "Absence of PAN Alone Doesn’t Make Sales Unexplained if RTO Records Prove Transfer: ITAT Deletes Addition u/s. 68 [Read Order]")
Absence of PAN Alone Doesn’t Make Sales Unexplained if RTO Records Prove Transfer: ITAT Deletes Addition u/s. 68 [Read Order]
TheIncome Tax Appellate Tribunal (ITAT), Mumbai bench has set aside an addition under Section 68 of the Income Tax Act, 1961, related to the sale of...
![Net Taxable Interest Higher Than Expense Bars Disallowance u/s. 14A: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/250x150_2092772-net-taxable-interest-expense-bars-disallowance-itat-taxscan.webp "Net Taxable Interest Higher Than Expense Bars Disallowance u/s. 14A: ITAT [Read Order]")
![ITAT grants Relief to Wadhwagroup Holdings Deleting Disallowances Amounting ₹213.04 crore [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/250x150_2092760-disallowance-taxscan.webp "ITAT grants Relief to Wadhwagroup Holdings Deleting Disallowances Amounting ₹213.04 crore [Read Order]")
![Trucks Registered in Partners’ Names Still Eligible for Depreciation: ITAT Upholds Relief to Surat Road King in Income Tax Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/250x150_2092756-trucks-registered-itat-surat-road-income-tax-appeal-taxscan.webp "Trucks Registered in Partners’ Names Still Eligible for Depreciation: ITAT Upholds Relief to Surat Road King in Income Tax Appeal [Read Order]")
![ITAT allows ₹5 Cr Bad Debt Claim on Irrecoverable Loan to Ramalinga Raju [Read Order]](https://images.taxscan.in/h-upload/2025/09/29/250x150_2092397-itat-debt-claim-on-irrecoverable-loan-irrecoverable-loan-taxscan.webp "ITAT allows ₹5 Cr Bad Debt Claim on Irrecoverable Loan to Ramalinga Raju [Read Order]")
![ITAT Directs AO to Grant TDS Credit of Rs. 9.04 Lakh, Finds No Mismatch With Form 26AS [Read Order]](https://images.taxscan.in/h-upload/2025/09/27/500x300_2091710-itat-tds-credit-form-26as-grant-tds-credit-taxscan.webp "ITAT Directs AO to Grant TDS Credit of Rs. 9.04 Lakh, Finds No Mismatch With Form 26AS [Read Order]")
Rs. 80 lakh Cash Payment for Flat Treated as Unexplained Investment: ITAT Upholds CIT(A) Deletion as No Payment or Allotment Exists [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax( Appeals) [CIT(A)] deletion of Rs. 80 lakh treated as unexplained income for a flat, as no payment ...
![Rs. 80 lakh Cash Payment for Flat Treated as Unexplained Investment: ITAT Upholds CIT(A) Deletion as No Payment or Allotment Exists [Read Order]](https://images.taxscan.in/h-upload/2025/09/24/500x300_2090527-cash-payment-unexplained-investment-itat-upholds-taxscan.webp "Rs. 80 lakh Cash Payment for Flat Treated as Unexplained Investment: ITAT Upholds CIT(A) Deletion as No Payment or Allotment Exists [Read Order]")
Penalty u/s 271(1)(c) of the Income Tax Act Requires Verification of Loss: ITAT Orders Re-Examination [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai, has remanded a penalty dispute involving concealment of income and inaccurate particulars under Section 271(1)(c) of the Income Tax Act, 1961, for...
![Penalty u/s 271(1)(c) of the Income Tax Act Requires Verification of Loss: ITAT Orders Re-Examination [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/500x300_2090163-tat-mumbai-income-tax-act-penalty-taxscanjpge.webp "Penalty u/s 271(1)(c) of the Income Tax Act Requires Verification of Loss: ITAT Orders Re-Examination [Read Order]")
Relief for Goldman Sachs: ITAT Sets Aside Disallowance of Rs. 1.87 Crore Occupancy Expenses, Directs AO to Verify Claim Afresh [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) granted relief to Goldman Sachs (India) Finance Pvt. Ltd., setting aside the disallowance of Rs. 1.87 crore claimed as Occupancy Expenses and...
![Relief for Goldman Sachs: ITAT Sets Aside Disallowance of Rs. 1.87 Crore Occupancy Expenses, Directs AO to Verify Claim Afresh [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/500x300_2090113-goldman-sachs-itat-occupancy-expenses-directs-ao-taxscan.webp "Relief for Goldman Sachs: ITAT Sets Aside Disallowance of Rs. 1.87 Crore Occupancy Expenses, Directs AO to Verify Claim Afresh [Read Order]")
Disallowance of Rs. 2.3 Lakh Paid as Compensation to Workers During Strike Period: ITAT Allows Claim and Deletes Addition [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) deleted the addition and allowed the claim of Rs. 2.3 lakh paid as compensation to workers during the strike period. Engineering...
![Disallowance of Rs. 2.3 Lakh Paid as Compensation to Workers During Strike Period: ITAT Allows Claim and Deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/500x300_2090061-disallowance-compensation-to-workers-strike-period-itat-taxscan.webp "Disallowance of Rs. 2.3 Lakh Paid as Compensation to Workers During Strike Period: ITAT Allows Claim and Deletes Addition [Read Order]")
Rs. 1.10 Crore Property Investment Treated as Unexplained Due to Unverified Sources: ITAT Sets Aside CIT(A) Order [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) set aside the Commissioner of Income Tax (Appeals)[CIT(A)] order in a case where a property investment of Rs. 1.10 crore was treated as ...
![Rs. 1.10 Crore Property Investment Treated as Unexplained Due to Unverified Sources: ITAT Sets Aside CIT(A) Order [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/500x300_2090093-property-investment-itat-taxscan.webp "Rs. 1.10 Crore Property Investment Treated as Unexplained Due to Unverified Sources: ITAT Sets Aside CIT(A) Order [Read Order]")
AO cannot Issue Notice to Reopen Income Tax Assessment after 3 Years Without Pr. CCIT Approval: ITAT Quashes Notice against Saif Ali Khan [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai, has held that a reassessment notice issued under Section 148 of the Income Tax Act, 1961, without valid approval under Section 151, is void ab...
![AO cannot Issue Notice to Reopen Income Tax Assessment after 3 Years Without Pr. CCIT Approval: ITAT Quashes Notice against Saif Ali Khan [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/500x300_2090087-itat-mumbai-saif-ali-khan-income-tax-assessment-taxscan.webp "AO cannot Issue Notice to Reopen Income Tax Assessment after 3 Years Without Pr. CCIT Approval: ITAT Quashes Notice against Saif Ali Khan [Read Order]")