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
![Relief to Vodafone: ITAT allows deduction u/s 80 IA of Income Tax Act to undertakings providing telecommunication services [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Relief-Vodafone-ITAT-deduction-Income-Tax-Act-telecommunication-services-TAXSCAN.jpg "Relief to Vodafone: ITAT allows deduction u/s 80 IA of Income Tax Act to undertakings providing telecommunication services [Read Order]")
Relief to Vodafone: ITAT allows deduction u/s 80 IA of Income Tax Act to undertakings providing telecommunication services [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal has ruled in favour of Vodafone Idea, granting relief by allowing deduction under Section 80IA...
![ITAT Annual Digest [Part 72]](https://www.taxscan.in/wp-content/uploads/2024/01/Income-Tax-ITAT-ITAT-Annual-Digest-2023-ITAT-judgments-ITAT-case-analysis-2023-Income-Tax-Appellate-Tribunal-taxscan-1.jpg "ITAT Annual Digest [Part 72]")
![ITAT Annual Digest [Part 71]](https://www.taxscan.in/wp-content/uploads/2024/01/Income-Tax-ITAT-ITAT-Annual-Digest-2023-ITAT-case-Tax-tribunal-updates-Income-Tax-Appellate-Tribunal-taxscan-1.jpg "ITAT Annual Digest [Part 71]")
![ITAT Annual Digest [Part 70]](https://www.taxscan.in/wp-content/uploads/2024/01/Income-Tax-ITAT-ITAT-Annual-Digest-2023-ITAT-case-analysis-Tax-tribunal-updates-Income-Tax-Appellate-Tribunal-TAXSCAN-1.jpg "ITAT Annual Digest [Part 70]")
![ITAT Annual Digest [Part 69]](https://www.taxscan.in/wp-content/uploads/2024/01/itat-annual-digest-taxscan-taxnews-.jpg "ITAT Annual Digest [Part 69]")
Rejecting TP Analysis without Giving any Specific Reason is invalid, CIT(A) validates TP Report: ITAT upholds Order of CIT(A) [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) upheld the order of the Commissioner of Income Tax (Appeals) which validated the Transfer Pricing ( TP ) report by holding that...
![Rejecting TP Analysis without Giving any Specific Reason is invalid, CIT(A) validates TP Report: ITAT upholds Order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/T-P-Analysis-CITA-TP-Report-ITAT-ITAT-Upholds-Order-of-CITA-Rejecting-T-P-Analysis-without-Giving-any-Specific-Reason-taxscan.jpg "Rejecting TP Analysis without Giving any Specific Reason is invalid, CIT(A) validates TP Report: ITAT upholds Order of CIT(A) [Read Order]")
Foreign Exchange Loss cannot be Included in Cost of Project: ITAT directs to allow a Deduction [Read Order]
In a recent case, the Income Tax Appellate Tribunal (ITAT) observed that foreign exchange loss cannot be included in the cost of the project and allowed it as a Deduction. M/s Macrotech Developers...
![Foreign Exchange Loss cannot be Included in Cost of Project: ITAT directs to allow a Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Foreign-Exchange-Loss-Cost-of-Project-ITAT-Deduction-TAXSCAN.jpg "Foreign Exchange Loss cannot be Included in Cost of Project: ITAT directs to allow a Deduction [Read Order]")
Investment in Gold and Foreign Companies Should be Excluded: ITAT upholds Order of CIT(A) [Read Order]
In a recent case, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that investment in gold and foreign companies should be excluded but while computing the disallowance under section...
![Investment in Gold and Foreign Companies Should be Excluded: ITAT upholds Order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Investment-Gold-Investment-in-Gold-Foreign-Companies-ITAT-CITA-taxscan.jpg "Investment in Gold and Foreign Companies Should be Excluded: ITAT upholds Order of CIT(A) [Read Order]")
![ITAT Annual Digest [Part 67]](https://www.taxscan.in/wp-content/uploads/2024/01/Income-Tax-Taxscan-ITAT-analysis-Income-Tax-Appellate-Tribunal-ITAT-annual-review-ITAT-judgments-Tax-tribunal-updates-taxscan.jpg "ITAT Annual Digest [Part 67]")
Directors Salary and Handover Facility Expenses are Incurred Yearly and are Business Expenses: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) observed that the director's salary and handover facility expenses are incurred yearly and are business expenses. Shri Niraj Sheth...
![Directors Salary and Handover Facility Expenses are Incurred Yearly and are Business Expenses: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Directors-Salary-Directors-Salary-and-Handover-Facility-Expenses-Business-Expenses-ITAT-taxscan.jpg "Directors Salary and Handover Facility Expenses are Incurred Yearly and are Business Expenses: ITAT [Read Order]")
![ITAT Annual Digest [Part 64]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Annual-Digest-Taxscan-ITAT-stories-ITAT-2023-analysis-Tax-tribunal-case-summaries-Income-Tax-Appellate-Tribunal-ITAT-cases-2023-taxscan.jpg "ITAT Annual Digest [Part 64]")
![ITAT Annual Digest [Part 63]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Annual-Digest-Income-Tax-Appellate-Tribunal-analysis-Tax-tribunal-updates-ITAT-decisions-ITAT-judgments-2023-taxscan.jpg "ITAT Annual Digest [Part 63]")