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
![No addition can be made on amount debited to “Employees Share Option Scheme” for benefit of Employees of Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/amount-debited-to-Employees-Share-Option-Scheme-Employees-of-Company-Employees-Share-Option-Scheme-ITAT-taxscan.jpg "No addition can be made on amount debited to “Employees Share Option Scheme” for benefit of Employees of Company: ITAT [Read Order]")
No addition can be made on amount debited to “Employees Share Option Scheme” for benefit of Employees of Company: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) of Mumbai bench recently held that no addition can be made on the amount debited to Employees Share...
![ESOP is Capital in Nature: ITAT Directs to Delete Income Tax Addition Against Unilever India Export [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ESOP-is-Capital-in-Nature-ITAT-Directs-to-Delete-Income-Tax-Addition-Against-Unilever-India-Export-TAXSCAN.jpg "ESOP is Capital in Nature: ITAT Directs to Delete Income Tax Addition Against Unilever India Export [Read Order]")
![Non -Resident assessee not required to Disclose any Asset held Outside India in Return of Income filed in India: ITAT quashes Re-assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Non-Resident-assessee-not-required-to-Disclose-any-Asset-held-Outside-India-in-Return-of-Income-filed-in-India-ITAT-quashes-Re-assessment-Order-TAXSCAN.jpg "Non -Resident assessee not required to Disclose any Asset held Outside India in Return of Income filed in India: ITAT quashes Re-assessment Order [Read Order]")
![Assessee’s Delinquency and Lethargy in Pursuing Matter Before the Tax Authorities Attracts Cost: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Delinquency-Lethargy-Tax-Authorities-ITAT-Tax-Authorities-Attracts-Cost-taxscan.jpg "Assessee’s Delinquency and Lethargy in Pursuing Matter Before the Tax Authorities Attracts Cost: ITAT [Read Order]")
![Compensation Paid by BCCI to CSA not Taxable under Termination Agreement under India-South Africa DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/BCCI-to-CSA-Compensation-Compensation-paid-BCCI-CSA-taxable-Termination-Agreement-India-South-Africa-DTAA-DTAA-ITAT-Income-Tax-taxscan.jpg "Compensation Paid by BCCI to CSA not Taxable under Termination Agreement under India-South Africa DTAA: ITAT [Read Order]")
Provision of S. 92B not applicable for AMP Expenses incurred for Business purpose in India: ITAT Grants Relief to L’oreal India [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) recently held that Section 92B of the Income Tax Act, 1961, which defines International Transactions, does not apply to advertisement,...
![Provision of S. 92B not applicable for AMP Expenses incurred for Business purpose in India: ITAT Grants Relief to L’oreal India [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Provision-of-S.-92B-not-applicable-for-AMP-expenses-Provision-AMP-expenses-Business-purpose-ITAT-Grants-Relief-to-Loreal-India-taxscan.jpg "Provision of S. 92B not applicable for AMP Expenses incurred for Business purpose in India: ITAT Grants Relief to L’oreal India [Read Order]")
Assessee's Bonafide Belief on TDS Exemption for Foreign Travel LTC Protects from Default u/s. 201(1) and 201(1A) of the Income Tax Act, Rules ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) recently provided opportunity of re-adjudication on TDS exemption for foreign travel Leave Travel Concession (LTC) default under Sections...
Admission Fee Paid for PG Course does not amount to Capitation Fee: ITAT Deletes Addition u/s 69C of Income Tax Act [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) has recently held that the admission fee paid for post graduation courses did not amount to capital fee. Therefore the bench...
![Admission Fee Paid for PG Course does not amount to Capitation Fee: ITAT Deletes Addition u/s 69C of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Admission-Fee-Paid-for-PG-Course-Capitation-Fee-ITAT-Income-Tax-Act-TAXSCAN.jpg "Admission Fee Paid for PG Course does not amount to Capitation Fee: ITAT Deletes Addition u/s 69C of Income Tax Act [Read Order]")
No Income Tax Penalty if Addition is Made on Estimated Basis on Alleged Bogus Purchase: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that no income tax penalty could be imposed on an alleged bogus purchase if the addition was made on an estimated basis. The...
![No Income Tax Penalty if Addition is Made on Estimated Basis on Alleged Bogus Purchase: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/No-Income-Tax-Penalty-if-Addition-is-Made-on-Estimated-Basis-on-Alleged-Bogus-Purchase-Income-Tax-Penalty-Income-Tax-Penalty-Addition-Bogus-Purchase-ITAT-Taxscan.jpg "No Income Tax Penalty if Addition is Made on Estimated Basis on Alleged Bogus Purchase: ITAT [Read Order]")
![MSBTE is ‘state’ under Article 12 and exempted from Income Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/MSBTE-state-Article-12-and-exempted-from-Income-Tax-ITAT-TAXSCAN.jpg "MSBTE is ‘state’ under Article 12 and exempted from Income Tax: ITAT [Read Order]")
Rejection of Registration of Trust for Non-Compliance of Notices and Non-Registration u/s. 12AB without Adhering to Principles of Natural Justice: ITAT directs Re-Adjudication
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has directed re-adjudication on finding the rejection of registration of a trust for non-compliance of notice and non-registration under...
Income Escaped for Assessment not Represented "in the form of an asset": ITAT quashes Addition u/s 153A Towards Bogus Purchase and Disallowance of Salary
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has quashed the addition under Section 153A of the Income Tax Act, 1961 towards bogus purchase and disallowance of salary as the income...
