ITAT Mumbai Judgments, Orders & News | Income Tax Appellate Tribunal

Begin typing your search above and press return to search.

Home
»
ITAT Mumbai

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

Setting-Off Short-Term Capital Loss in Shares where Securities Transaction Tax Paid: ITAT deletes iShares MSCI India’s ₹270 Cr Income Addition [Read Order]

Advika Dwivedi

The Income Tax Appellate Tribunal (ITAT), Mumbai, has held that short-term capitalloss incurred on transactions where Securities Transaction Tax...

Once Income Tax Form 10EE Furnished, it applies Automatically to Subsequent Years: ITAT allows...

Relief for Nippon India: ITAT Rules S.14A read with rule 8D Disallowance Applies Only to...

Income Tax Assessment Order issued without DIN is Void Ab Initio: ITAT [Read Order]

TDS on Loan Acquisition Payments : ITAT Rules Payments to Piramal Enterprises Not Treated as...

Bank Passbook Evidence Validates Loan Transaction: ITAT deletes Addition u/s 68, Remands Interest Disallowance Issue [Read Order]

The Income Tax Appellate Tribunal (ITAT), Mumbai, ruled to delete an addition under Section 68 of the Income Tax Act, 1961, concerning unsecured loans. While granting this relief, the Tribunal...

Relief to Thermo Fisher: ITAT allows Depreciation Claim on Supply & Maintenance Contracts Acquired via Slump Sale [Read Order]

The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that manufacturing, supply, and maintenance contracts acquired through slump sale arrangements qualify as intangible assets...

ITAT Applies Test of Human Probabilities, Rejects ₹84.8 Lakh Penny Stock LTCG Claim as ‘Unnatural and Pre-Arranged’ [Read Order]

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) upheld the addition of Rs. 84,79,100 after rejecting the assessee’s claim of long-term capital gains (LTCG) on penny stock transactions, ...

Payments to foreign agents exempt from TDS as income not taxable in India: ITAT [Read Order]

The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) allowed the appeal, ruling that payments made to foreign agents for services rendered entirely outside India were not taxable in India...

ITAT allows LTCG Exemption u/s 54 on Sale of Old Flat as Possession of New Flat falls Within Prescribed Period [Read Order]

The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) allowed the claim of Long Term Capital Gains ( LTCG )exemption under section 54 of Income Tax Act,1961 on the sale of an old flat, as the...

Disallowance of ₹1.87 Crore MAT Credit in Schindler India’s Return of Income: ITAT Remands matter to AO to Verify & Allow Necessary Credit [Read Order]

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) recently directed the jurisdictional Assessing Officer (AO) to verify and allow necessary MAT (Minimum Alternate Tax) credit of...

ITAT Permits Schindler India to Exclude ₹1.09 Crore Written-Off from Book Profits noting it was Actual Bad Debt [Read Order]

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) recently permitted elevator and escalator manufacturing giant Schindler India Private Limited (Schindler) to exclude an amount of...

Prev Page Next Page