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
![Disallowance u/s 14A of Income Tax Act not available in respect of Investments not yielding Tax-Free Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-Mumbai-Income-tax-Tax-Free-Income-Tax-free-income-investments-TAXSCAN.jpg "Disallowance u/s 14A of Income Tax Act not available in respect of Investments not yielding Tax-Free Income: ITAT [Read Order]")
Disallowance u/s 14A of Income Tax Act not available in respect of Investments not yielding Tax-Free Income: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) has held that disallowance under section 14 A of the Income Tax Act, 1961 is not available...
![Date of Acquisition of New Property must be Date of Possession: ITAT allows Deduction under Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-Property-tax-Income-tax-act-ITAT-mumbai-New-properties-TAXSCAN.jpg "Date of Acquisition of New Property must be Date of Possession: ITAT allows Deduction under Income Tax Act [Read Order]")
![No Order can be Passed in Name of Non-Existent Entity: ITAT quashes Income Tax Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-ITAT-Mumbai-Income-Tax-Assessment-Order-Order-Passed-Non-Existent-Entity-Income-Tax-Income-Tax-Update-Taxscan.jpg "No Order can be Passed in Name of Non-Existent Entity: ITAT quashes Income Tax Assessment Order [Read Order]")
![Ratification Order under Income Tax Act Passed on Non Existing Entity is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Income-Tax-Act-ITAT-Ratification-Income-Tax-Appellate-Tribunal-non-existent-entity-Income-Tax-taxscan.jpg "Ratification Order under Income Tax Act Passed on Non Existing Entity is Invalid: ITAT [Read Order]")
![Section 249(4)(b) does not Apply when there is No question of Advance Tax in Income Tax Reassessment Proceedings: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Income-tax-Reassessment-Proceedings-Income-Tax-Reassessment-taxscan.jpg "Section 249(4)(b) does not Apply when there is No question of Advance Tax in Income Tax Reassessment Proceedings: ITAT [Read Order]")
Tax Benefit Claim under Income Tax Act on Under-Construction Property: ITAT Directs to Calculate Benefit Based on Date of PossessionÂ
The Mumbai bench of the Income-tax Appellate Tribunal ( ITAT ) has held that in the case of an under-construction property, the date of possession must be considered to determine the eligibility of a...
Income Tax Applicable on Unsold Flats In real Estate Business as on AY 2018 -2019: ITAT deletes Addition on Notional Rent [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) held that income tax is applicable on unsold flats in the real estate business as of AY 2018–19. The Tribunal further deleted the notional...
![Income Tax Applicable on Unsold Flats In real Estate Business as on AY 2018 -2019: ITAT deletes Addition on Notional Rent [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Income-Tax-Applicable-Unsold-Flats-In-real-Estate-Business-ITAT-Notional-Rent-TAXSCAN-.jpg "Income Tax Applicable on Unsold Flats In real Estate Business as on AY 2018 -2019: ITAT deletes Addition on Notional Rent [Read Order]")
![Adhoc Disallowance made without Rejecting Books of Account is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Adhoc-Disallowance-Rejecting-Books-of-Account-ITAT-TAXSCAN.jpg "Adhoc Disallowance made without Rejecting Books of Account is Invalid: ITAT [Read Order]")
Failure to prove Ownership of Company with respect to Purchase Agreement of Land for Develop Property: ITAT upholds STCG from Transfer to Non Agriculture Land [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) while upheld the Short Term Capital Gain ( STCG ) from the transfer of the non agriculture land observed that the assessee failed to prove...
![Failure to prove Ownership of Company with respect to Purchase Agreement of Land for Develop Property: ITAT upholds STCG from Transfer to Non Agriculture Land [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Failure-to-prove-ownership-Non-Agriculture-land-tax-updates-taxscan.jpg "Failure to prove Ownership of Company with respect to Purchase Agreement of Land for Develop Property: ITAT upholds STCG from Transfer to Non Agriculture Land [Read Order]")
ITAT dismiss appeal filed against claim of Foreign Tax Credit with respect to profit earned from Singapore Branch Office
The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) dismissed the appeal filed by the Income Tax Department against claim of foreign tax credit with respect to profit earned...
ITAT allows deduction u/s 10AA of Income Tax Act in respect of profits derived by Unit from re-export of goods imported [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) allowed deduction claimed under Section 10AA of Income Tax Act, 1961 in respect of profits derived by the Unit from re-export of goods...
![ITAT allows deduction u/s 10AA of Income Tax Act in respect of profits derived by Unit from re-export of goods imported [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-deduction-us-10AA-of-Income-Tax-Act-profits-Unit-from-re-export-of-goods-imported-TAXSCAN.jpg "ITAT allows deduction u/s 10AA of Income Tax Act in respect of profits derived by Unit from re-export of goods imported [Read Order]")