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 directs Re-adjudication on Addition of Insurance Claim of Rs. 2.75 Crores Taxed under Business Head [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-Re-adjudication-ITAT-directs-Re-adjudication-on-Addition-of-Insurance-Claim-taxscan.jpg "ITAT directs Re-adjudication on Addition of Insurance Claim of Rs. 2.75 Crores Taxed under Business Head [Read Order]")
ITAT directs Re-adjudication on Addition of Insurance Claim of Rs. 2.75 Crores Taxed under Business Head [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has directed re-adjudication on the addition of Insurance claim of  Rs. 2.75 taxed...
![Source of Cash Deposit made in Corporation Bank is out of Advanced money received from Sale of Property: ITAT deletes addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Mumbai-Income-Tax-Cash-Deposit-Corporation-bank-TAXSCAN-1.jpg "Source of Cash Deposit made in Corporation Bank is out of Advanced money received from Sale of Property: ITAT deletes addition [Read Order]")
![Piramal Enterprises Faces Setback: ITAT rules Rs. 92.7 Cr Compensation from termination as Business Income, Not Capital Gain [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Piramal-Enterprises-Faces-ITAT-Compensation-termination-Business-Income-Capital-Gain-taxscan.jpg "Piramal Enterprises Faces Setback: ITAT rules Rs. 92.7 Cr Compensation from termination as Business Income, Not Capital Gain [Read Order]")
![AO Disallows System Developments Legal and Professional Charges as Capital Expenses: ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/AO-System-Developments-Legal-and-Professional-Charges-Legal-and-Professional-Charges-taxscan.jpg "AO Disallows System Developments Legal and Professional Charges as Capital Expenses: ITAT Directs Re-adjudication [Read Order]")
![ITAT nullifies AOs Attempt to Override Government Valuers Fair Market Valuation Report in Piramal Enterprises Flat Sale [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-AO-Government-Valuers-Fair-Market-Valuation-Report-Piramal-Enterprises-taxscan.jpg "ITAT nullifies AOs Attempt to Override Government Valuers Fair Market Valuation Report in Piramal Enterprises Flat Sale [Read Order]")
Relief to Piramal Enterprises: ITAT directs AO to Re-adjudicate Disallowance of Payment Received as Consultancy Fees and Corporate Service Charges [Read Order]
In a recent decision, the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has provided relief to Piramal Enterprises by instructing the Assessing Officer ( AO ) to reassess the...
![Relief to Piramal Enterprises: ITAT directs AO to Re-adjudicate Disallowance of Payment Received as Consultancy Fees and Corporate Service Charges [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Relief-to-Piramal-Enterprises-Piramal-Enterprises-ITAT-AO-Re-adjudicate-taxscan.jpg "Relief to Piramal Enterprises: ITAT directs AO to Re-adjudicate Disallowance of Payment Received as Consultancy Fees and Corporate Service Charges [Read Order]")
![No Denial of Capital Gains Deduction u/s 54 once Requisite Conditions are Met: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Capital-Gains-Deduction-us-54-Conditions-Met-ITAT-TAXSCAN.jpg "No Denial of Capital Gains Deduction u/s 54 once Requisite Conditions are Met: ITAT [Read Order]")
No appeal should be filed when Moratorium u/s 14 IBC are issued by NCLT for initiating CIRP: ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) ruled that no appeal should be filed when moratoriums under Section 14 of Insolvency and Bankruptcy Code ( IBC )are issued by the National...
![No appeal should be filed when Moratorium u/s 14 IBC are issued by NCLT for initiating CIRP: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Mumbai-IBC-NCLT-Income-Tax-TAXSCAN.jpg "No appeal should be filed when Moratorium u/s 14 IBC are issued by NCLT for initiating CIRP: ITAT [Read Order]")
Comparable chosen for ITES and IT segment are within tolerance limit provided in proviso to Section 92CA Income Tax Act: ITAT dismiss revenue Appeal
The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) while dismissing the revenue appeal held that the comparable chosen for ITES and IT segment are within the tolerance limit provided in...
ITAT deletes addition made on account of non-inclusion of GST on Sales in Profit and Loss Account [Read Order]
The Mumbai bench Income Tax Appellate Tribunal ( ITAT ) deleted the addition made on the account of non -inclusion of Goods and Service Tax ( GST )on sales in profit and loss account . In this...
![ITAT deletes addition made on account of non-inclusion of GST on Sales in Profit and Loss Account [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-Mumbai-GST-ITAT-Income-Tax-ITAT-GST-Sales-Decision-ITAT-Ruling-on-GST-and-Sales-Taxscan.jpg "ITAT deletes addition made on account of non-inclusion of GST on Sales in Profit and Loss Account [Read Order]")
