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
![Ad hoc addition of Unexplained Receipts without calling for records: ITAT remands matter for readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Mumbai-Ad-hoc-addition-Remand-for-Readjudication-Income-Tax-Unexplained-Receipts-Taxscan.jpeg "Ad hoc addition of Unexplained Receipts without calling for records: ITAT remands matter for readjudication [Read Order]")
Ad hoc addition of Unexplained Receipts without calling for records: ITAT remands matter for readjudication [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has remanded an income tax matter for readjudication on ground that the Assessing...
![ITAT quashes Income Tax Assessment due to Lack of Higher Authority Approval u/s 151 for Reopening Beyond 3 Years [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Mumbai-ITAT-Quashes-Income-Tax-Assessment-Higher-Authority-Approval-Lack-of-Higher-Authority-Approval-Section-151-of-the-Income-Tax-Act-taxscan.jpg "ITAT quashes Income Tax Assessment due to Lack of Higher Authority Approval u/s 151 for Reopening Beyond 3 Years [Read Order]")
![ITAT Rules S.56(2)(x) Inapplicable to Property Transaction Due to Execution of Agreement Before 01 April 2017 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Appellate-Tribunal-ITAT-Rules-ITAT-Mumbai-ITAT-Rules-S.562x-Property-Transaction-Agreement-TAXSCAN.jpg "ITAT Rules S.56(2)(x) Inapplicable to Property Transaction Due to Execution of Agreement Before 01 April 2017 [Read Order]")
![Relief to ICICI: ITAT Deletes Disallowance of Dividend Income Citing S.44 Overrides S.14A in Computation of Insurance Company Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Mumbai-ICICI-Income-Tax-Income-Tax-Act-Section-14A-of-Income-Tax-Act-Taxscan.jpg "Relief to ICICI: ITAT Deletes Disallowance of Dividend Income Citing S.44 Overrides S.14A in Computation of Insurance Company Income [Read Order]")
![ITAT upholds CIT(A)s deletion of Rs. 149.29 Crores Addition, Confirming Amalgamation Exemption u/s 47(vi) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Mumbai-Income-Tax-Income-Tax-Act-Section-47vi-of-Income-Tax-Act-ITAT-Upholds-CITA-Deletion-Taxscan.jpg "ITAT upholds CIT(A)s deletion of Rs. 149.29 Crores Addition, Confirming Amalgamation Exemption u/s 47(vi) of Income Tax Act [Read Order]")
ITAT rules Interest Income from Cooperative Banks Eligible for Deduction u/s 80P(2)(d) of Income Tax Act [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) ruled that interest income earned from deposits with cooperative banks is eligible for deduction under Section 80P(2)(d) of the Income Tax...
![ITAT rules Interest Income from Cooperative Banks Eligible for Deduction u/s 80P(2)(d) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Interest-Income-Cooperative-Banks-Eligible-Deduction-Income-Tax-Act-taxscan.jpg "ITAT rules Interest Income from Cooperative Banks Eligible for Deduction u/s 80P(2)(d) of Income Tax Act [Read Order]")
ITAT invalidates Reopening under S.147 for Relying on Incorrect Facts, quashes Reassessment [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) invalidated the reopening of an assessment under Section 147 of the Income Tax Act,1961, concluding that the Assessing Officer (AO) relied on...
![ITAT invalidates Reopening under S.147 for Relying on Incorrect Facts, quashes Reassessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Reopening-Incorrect-Facts-Reassessment-taxsacan.jpg "ITAT invalidates Reopening under S.147 for Relying on Incorrect Facts, quashes Reassessment [Read Order]")
Unsold Flats held as Stock-in-Trade should be Treated as Business Stock, Not Income from House Property: ITAT on Palm Grove's Matter [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) ruled in favor of Palm Grove Beach Hotels Pvt. Ltd. that unsold flats held as stock-in-trade should be treated as business stock, not income...
![Unsold Flats held as Stock-in-Trade should be Treated as Business Stock, Not Income from House Property: ITAT on Palm Groves Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Mumbai-Stock-in-Trade-Income-from-House-Property-Unsold-flats-not-house-property-taxscan.jpeg "Unsold Flats held as Stock-in-Trade should be Treated as Business Stock, Not Income from House Property: ITAT on Palm Groves Matter [Read Order]")
ITAT sets aside Ex-Parte Order of CIT(A) for Fresh Hearing, upholds Principles of Natural Justice [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the principles of natural justice by setting aside the ex-parte order issued by the Commissioner of Income Tax (Appeals) [CIT(A)]. ...
![ITAT sets aside Ex-Parte Order of CIT(A) for Fresh Hearing, upholds Principles of Natural Justice [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Mumbai-Income-Tax-Appellate-Tribunal-CITA-Commissioner-of-Income-Tax-Appeals-Ex-Parte-Order-Fresh-Hearing-ITAT-news-ITAT-updates-taxscan.jpg "ITAT sets aside Ex-Parte Order of CIT(A) for Fresh Hearing, upholds Principles of Natural Justice [Read Order]")
ITAT Condones Delay Due to Rectification Efforts and CA's Death, Restores Case to CIT(A) [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal(ITAT)condoned the delay in filing an appeal by the assessee due to ongoing rectification efforts and the death of its Chartered Accountant(CA) and...
![ITAT Condones Delay Due to Rectification Efforts and CAs Death, Restores Case to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Appellate-Tribunal-ITAT-mumbai-Condones-Delay-ITAT-Condones-Delay-CAs-Death-CITA-TAXSCAN.jpg "ITAT Condones Delay Due to Rectification Efforts and CAs Death, Restores Case to CIT(A) [Read Order]")
ITAT Restores Appeal to CIT(A) for Fresh Consideration, Citing COVID-19 Impact on Limitation Periods [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) restored the appeal of the assessee to the Commissioner of Income Tax (Appeals) [CIT(A)] for fresh consideration, emphasizing the impact of...
![ITAT Restores Appeal to CIT(A) for Fresh Consideration, Citing COVID-19 Impact on Limitation Periods [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Mumbai-COVID-19-COVID-19-pandemic-COVID-19-Impact-ITAT-Restores-Appeal-Taxscan.jpg "ITAT Restores Appeal to CIT(A) for Fresh Consideration, Citing COVID-19 Impact on Limitation Periods [Read Order]")
![ITAT Dismisses Revenue Appeal as Infructuous Due to Tax Effect Below ₹60 Lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Mumbai-Income-Tax-ITAT-Dismisses-Revenue-Appeal-Revenue-appeal-dismissed-ITAT-dismisses-low-tax-appeal-Taxscan.jpg "ITAT Dismisses Revenue Appeal as Infructuous Due to Tax Effect Below ₹60 Lakhs [Read Order]")