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
![ITAT upholds invocation of revisional jurisdiction u/s 263 by PCIT: Twin Conditions of “Error” and “Prejudice to the Interest of Revenue” Satisfied [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ITAT-Mumbai-revisional-jurisdiction-under-section-263-TAXSCAN.jpg "ITAT upholds invocation of revisional jurisdiction u/s 263 by PCIT: Twin Conditions of “Error” and “Prejudice to the Interest of Revenue” Satisfied [Read Order]")
ITAT upholds invocation of revisional jurisdiction u/s 263 by PCIT: Twin Conditions of “Error” and “Prejudice to the Interest of Revenue” Satisfied [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) recently upheld the invocation of revisional jurisdiction under Section 263 of the Income...
![Capital Gains arising on Mutual Fund Investments of Non Residents not Taxable in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Capital-Gains-Mutual-Fund-Investments-Capital-Gains-arising-on-Mutual-Fund-Investments-Non-Residents-not-Taxable-in-India-taxscan.jpg "Capital Gains arising on Mutual Fund Investments of Non Residents not Taxable in India: ITAT [Read Order]")
![ITAT Allows Rs. 6.47 Crore Lease Rent Expense as Deduction Citing Lessee’s Right to Claim Depreciation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Depreciation-ITAT-Lease-Rent-TAXSCAN.jpg "ITAT Allows Rs. 6.47 Crore Lease Rent Expense as Deduction Citing Lessee’s Right to Claim Depreciation [Read Order]")
![CIT(A) Wrongly notes Long-Term Capital Loss as Rs.16.89 Lakhs Instead of Rs.16.89 Crores: ITAT Orders Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-Mumbai-Capital-Loss-Long-Term-Capital-Loss-taxscan.jpg "CIT(A) Wrongly notes Long-Term Capital Loss as Rs.16.89 Lakhs Instead of Rs.16.89 Crores: ITAT Orders Verification [Read Order]")
![Relief to Owner of Taj Hotel Group: ITAT Sets Aside Income Tax Reassessment action Initiated [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Taj-Hotel-Group-ITAT-Income-Tax-Reassessment-taxscan.jpg "Relief to Owner of Taj Hotel Group: ITAT Sets Aside Income Tax Reassessment action Initiated [Read Order]")
ITAT Allows Bad Debt Write-Off w/o Proof of Irrevocability, Protects Legitimate Transactions [Read Order]
In a recent case, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that writing off bad debt in the books is enough for deduction, without the need to prove irrecoverability. ...
![ITAT Allows Bad Debt Write-Off w/o Proof of Irrevocability, Protects Legitimate Transactions [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ITAT-Mumbai-Bad-Debt-bad-debt-write-off-case-TAXSCAN.jpg "ITAT Allows Bad Debt Write-Off w/o Proof of Irrevocability, Protects Legitimate Transactions [Read Order]")
Proper compliance on part of Assessee during Assessment Stage: ITAT Remands Case for Denovo Adjudication [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) remanded the case of fresh adjudication after noting the assessee’s compliance. In this case, the assessee, Udayal Hiralal Jain, had...
![Proper compliance on part of Assessee during Assessment Stage: ITAT Remands Case for Denovo Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/part-of-Assessee-Assessee-during-Assessment-Stage-Assessment-Stage-ITAT-ITAT-Remands-Case-Remands-Case-Remands-Case-for-Denovo-Adjudication-taxscan.jpg "Proper compliance on part of Assessee during Assessment Stage: ITAT Remands Case for Denovo Adjudication [Read Order]")
Timely Payment of Appeal Fee: ITAT Remands Case to CIT(A) for Fresh Adjudication After Condoning 5-Day Delay [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) remanded the matter back to the Commissioner of Income Tax (Appeals) [CIT(A)] for denovo meritorious adjudication after condoning a...
![Timely Payment of Appeal Fee: ITAT Remands Case to CIT(A) for Fresh Adjudication After Condoning 5-Day Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ITAT-Remands-Case-Timely-Payment-of-Appeal-Fee-taxscan.jpg "Timely Payment of Appeal Fee: ITAT Remands Case to CIT(A) for Fresh Adjudication After Condoning 5-Day Delay [Read Order]")
![Rental Income From Trust Property cannot be Treated as Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-mumbai-Rental-Income-From-Trust-Property-TAXSCAN.jpg "Rental Income From Trust Property cannot be Treated as Business Income: ITAT [Read Order]")
Step-Siblings Included in 'Relative' Definition, Gift Received Not Taxable u/s 56(2) of Income Tax: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) ruled that a step-sister included in the “relative” definition and gift received from step-siblings is not taxable under Section 56(2) of...
![Step-Siblings Included in Relative Definition, Gift Received Not Taxable u/s 56(2) of Income Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Step-Siblings-Siblings-Gift-Received-Not-Taxable-Section-562-of-Income-Tax-Income-Tax-ITAT-Relative-Definition-taxscan.jpg "Step-Siblings Included in Relative Definition, Gift Received Not Taxable u/s 56(2) of Income Tax: ITAT [Read Order]")
In Absence of Fraud or Misrepresentation, Order Admitting CIRP cannot be Recalled: NCLT rules in favour of Canara Bank [Read Order]
The National Company Law Tribunal, Mumbai bench partially granted Canara Bank's interim plea concerning the CIRP of Carnival Techno Park Pt. Ltd (CTPPL). Although Canara Bank's request to recall CIRP...
![In Absence of Fraud or Misrepresentation, Order Admitting CIRP cannot be Recalled: NCLT rules in favour of Canara Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Absence-of-Fraud-Misrepresentation-Admitting-CIRP-CIRP-Cannot-be-Recalled-NCLT-NCLT-rules-NCLT-rules-in-favour-of-Canara-Bank-Canara-Bank-taxscan.jpg "In Absence of Fraud or Misrepresentation, Order Admitting CIRP cannot be Recalled: NCLT rules in favour of Canara Bank [Read Order]")