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
![TDS Benefit shall be Allowed in Year under Consideration for which such Income is Assessable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/TDS-TDS-Benefit-shall-be-Allowed-in-Year-under-Consideration-Consideration-Income-Assessable-ITAT-Taxscan.jpg "TDS Benefit shall be Allowed in Year under Consideration for which such Income is Assessable: ITAT [Read Order]")
TDS Benefit shall be Allowed in Year under Consideration for which such Income is Assessable: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai Bench Ruled that the Tax Deduction at Source should be allowed in a year under consideration for...
![No Income Tax on Partner for Share in Profit of Partnership Firm: ITAT deletes Addition u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-Income-Tax-on-Partner-for-Share-in-Profit-of-Partnership-Firm-ITAT-Income-Tax-Act-TAXSCAN.jpg "No Income Tax on Partner for Share in Profit of Partnership Firm: ITAT deletes Addition u/s 68 of Income Tax Act [Read Order]")
![No Illegality in Adopting Presumptive Tax for Professional Receipts from Fashion Designer: ITAT deletes Addition u/s 68 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Illegality-No-Illegality-in-Adopting-Presumptive-Tax-Adopting-Presumptive-Tax-Presumptive-Tax-Tax-Professional-Receipts-Professional-Receipts-from-Fashion-Designer-Fashion-Designer-ITAT-Taxscan.jpg "No Illegality in Adopting Presumptive Tax for Professional Receipts from Fashion Designer: ITAT deletes Addition u/s 68 [Read Order]")
![AO passes Assessment Order without the Mandatory Requirements u/s 144C (1) of Income Tax Act: ITAT quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/AO-assessment-order-mandatory-requirements-Income-Tax-Act-ITAT-TAXSCAN.jpg "AO passes Assessment Order without the Mandatory Requirements u/s 144C (1) of Income Tax Act: ITAT quashes Order [Read Order]")
![Original Return of Income filed before time prescribed u/s 139(1) of Income Tax Act: ITAT allows Claim of Deduction u/s.80JJAA of Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Original-Return-Income-filed-time-prescribed-Income-Tax-Act-ITAT-claim-deduction-TAXSCAN.jpg "Original Return of Income filed before time prescribed u/s 139(1) of Income Tax Act: ITAT allows Claim of Deduction u/s.80JJAA of Act [Read Order]")
Taxpayers must File Cross-objections within Time Limit: ITAT dismisses ICICI Bank's Cross-objection [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed a cross objection filed by ICICI Bank for being filed late and held that taxpayers must file cross-objections within the...
![Taxpayers must File Cross-objections within Time Limit: ITAT dismisses ICICI Banks Cross-objection [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Taxpayers-File-Cross-objections-Time-Limit-ITAT-dismisses-ICICI-Banks-Cross-objection-ICICI-Bank-ITAT-Taxscan.jpg "Taxpayers must File Cross-objections within Time Limit: ITAT dismisses ICICI Banks Cross-objection [Read Order]")
Non-compliance of Income Tax Proceedings before Lower Authorities: ITAT directs pay cost of RS.5000/- to PM relief Fund [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai Bench directed the payment of Rupees 5000/- to the Prime Minister Relief Fund due to non -compliance of income tax proceedings before lower...
![Non-compliance of Income Tax Proceedings before Lower Authorities: ITAT directs pay cost of RS.5000/- to PM relief Fund [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Non-compliance-Income-Tax-Proceedings-Lower-Authorities-ITAT-PM-relief-Fund-TAXSCAN.jpg "Non-compliance of Income Tax Proceedings before Lower Authorities: ITAT directs pay cost of RS.5000/- to PM relief Fund [Read Order]")
Mismatch in contract receipts shown in P&L account and Form 26AS reconciled by Self speaking documentary evidence: ITAT deletes addition [Read Order]
The Income Tax Appellate Tribunal (ITAT) of Mumbai Bench recently while deleting the addition made by the Assessing officer (AO) held that mismatch in contract receipts shown in profit and loss...
![Mismatch in contract receipts shown in P&L account and Form 26AS reconciled by Self speaking documentary evidence: ITAT deletes addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Mismatch-Mismatch-in-contract-receipts-contract-receipts-PL-account-taxscan.jpg "Mismatch in contract receipts shown in P&L account and Form 26AS reconciled by Self speaking documentary evidence: ITAT deletes addition [Read Order]")
Bad Debts declared as NPS before 01.04.2006 are allowable as deduction u/s 36(l)(vii) of Income Tax Act: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai Bench held that bad debts declared as Non-Performing Assets (NPS) before 01.04.2006 are allowed as deduction under Section 36(l)(vii) of Income Tax...
![Bad Debts declared as NPS before 01.04.2006 are allowable as deduction u/s 36(l)(vii) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Bad-Debts-NPS-allowable-deduction-Income-Tax-Act-taxscan.jpg "Bad Debts declared as NPS before 01.04.2006 are allowable as deduction u/s 36(l)(vii) of Income Tax Act: ITAT [Read Order]")
Failure to follow Mandatory Procedure laid down u/s 144C of Income Tax Act for Passing Draft Assessment Order: ITAT allows Appeal [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai Bench by allowing appeal filed by the assessee held that the Assessing officer failed to follow the mandatory procedure laid down under Section 144C of...
![Failure to follow Mandatory Procedure laid down u/s 144C of Income Tax Act for Passing Draft Assessment Order: ITAT allows Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Failure-follow-Procedure-Income-Tax-Act-Passing-Assessment-Order-TAXSCAN.jpg "Failure to follow Mandatory Procedure laid down u/s 144C of Income Tax Act for Passing Draft Assessment Order: ITAT allows Appeal [Read Order]")
Inadvertent Error in statement during Hearing cannot be Reason for Levy of penalty u/s 272(1)(c) of Income Tax Act: ITAT quashes Penalty against Kotak Mahindra Bank [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) quashed penalty on the grounds that an inadvertent error in statement made by the assessee during Hearing cannot be Reason for Levy of penalty...
![Inadvertent Error in statement during Hearing cannot be Reason for Levy of penalty u/s 272(1)(c) of Income Tax Act: ITAT quashes Penalty against Kotak Mahindra Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Inadvertent-Error-in-statement-during-Hearing-cannot-be-Reason-for-Levy-of-penalty-Income-Tax-Act-ITAT-quashes-Penalty-against-Kotak-Mahindra-Bank-TAXSCAN.jpg "Inadvertent Error in statement during Hearing cannot be Reason for Levy of penalty u/s 272(1)(c) of Income Tax Act: ITAT quashes Penalty against Kotak Mahindra Bank [Read Order]")
Expenditure Incurred on Foreign Currency on Telecommunications Charges and Technical Services Outside India, not Excluded from Export Turnover: ITAT Allows Income Tax Deduction to Tech Mahindra [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) held that expenditure incurred on foreign currency on telecommunication charges and provision of technical services outside of India should...
![Expenditure Incurred on Foreign Currency on Telecommunications Charges and Technical Services Outside India, not Excluded from Export Turnover: ITAT Allows Income Tax Deduction to Tech Mahindra [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Expenditure-Incurred-on-Foreign-Currency-Expenditure-Incurred-Foreign-Currency-Telecommunications-Charges-ITAT-Allows-Income-Tax-Deduction-to-Tech-Mahindra-ITAT-Taxscan.jpg "Expenditure Incurred on Foreign Currency on Telecommunications Charges and Technical Services Outside India, not Excluded from Export Turnover: ITAT Allows Income Tax Deduction to Tech Mahindra [Read Order]")