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On November 20, 2025, the ITAT Mumbai ruled that the income tax department has both a statutory as well as constitutional duty to grant TDS credit if it appears in Form 26AS. Therefore, a taxpayer’s TDS claim can’t be rejected simply due to a minor procedural error on the department’s part.
On June 27, 2025, an Indian engineer , who had been working in Dubai, United Arab Emirates since 1997 won a case of Rs 69-lakh unexplained investment under Income Tax Act, 1961 on technical grounds.
The Income Tax Appellate Tribunal (ITAT), Mumbai, on April 17, 2025 held that long term capital gains (LTCG) tax exemption under Section 54 cannot be denied by the income tax department, merely because the property was purchased jointly in the name of a wife and her husband and both of them claimed Section 54 capital gains tax exemption.
In a major relief for a Non-Resident Indian (NRI) investor, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has ruled that short-term capital gains worth ₹1.35 crore from redeeming mutual fund units are not taxable in India, as per the provisions of the India-Singapore tax treaty.
The Income-Tax Appellate Tribunal (Mumbai bench) has ruled that a penalty for concealment of income cannot be imposed if a taxpayer has rectified all errors in a revised return.
A decision by the Mumbai bench of Income-Tax Appellate Tribunal (ITAT) emphases that the onus of proof of TDS against salary income lies with the employee.
The Income-tax Appellate Tribunal (ITAT), Mumbai bench, has held as asessment order passed in the name of a deceased taxpayer…
The ITAT, Mumbai in the matter of Techknowledgy Interactive Partners P. Ltd. v. ITO [ITA No. 350/MUM/2009 dated January 9,…
The ITAT, Mumbai in the matter of Techknowledgy Interactive Partners P. Ltd. v. ITO [ITA No. 350/MUM/2009 dated January 9,…
The Income Tax Appellate Tribunal, Mumbai (“the ITAT”) in the case of JCIT v. Rahul Rajnikant Parikh [I.T.A. No. 638,639,640/Mum/2022 dated October 20, 2022] held that the interest income need not be assessed when assessee is a Non-resident.