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ITAT MUMBAI
Booked flats in 2005, still awaiting possession: Builder ordered to pay 10.05% interest to homebuyers for nearly 20-year delay- Reliance Foundation secures major win as ITAT overturns cancellation of charity registration
- Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT Mumbai
- Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT ChennaiA Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...02 Jun, 2026, 07.11 AM IST
- Mumbai man received tax notice over unreported income, not filing ITR; ITAT rules in his favour on TDS benefit, tax demand reducedManoj Soman had not filed an ITR for the relevant assessment year, which is FY 10-11 in this case. Based on information available through t...29 May, 2026, 04.51 PM IST
- TDS credit must be allowed even without income tax return, says Income Tax Appellate TribunalThe Income Tax Appellate Tribunal has ruled that tax deducted at source credit cannot be denied once income is taxed. This decision came in...28 May, 2026, 07.15 PM IST
- Invested in US stocks directly and made forex gains due to depreciating Rupee? Know how to compute tax on forex gains and report it in ITRIndian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...28 May, 2026, 05.17 PM IST
- Jane Street may take Singapore route to sort out India tax rowWith the Income Tax (I-T) department questioning the tax benefits it had claimed, the Wall Street firm is understood to be working on initi...25 May, 2026, 05.51 AM IST
- Filing your ITR early for AY 2026–27? Why you should wait till June 15With the utilities for ITR filing for AY 2026–27 being available now, many taxpayers are planning to file their returns early. However, inc...22 May, 2026, 04.22 PM IST
- Man pays zero tax on Rs 5 crore land sales despite filing ITR after deadline; ITAT Mumbai rules in his favour for this reasonA Mumbai man successfully claimed a tax exemption on Rs 5 crore land sales despite filing his ITR after the deadline. The ITAT Mumbai ruled...22 May, 2026, 07.21 AM IST
- Gave up tenancy, got new flat in redeveloped property, then faced income tax notice of STCG of Rs 1.1 crore: How tenant won at ITAT MumbaiA Mumbai tenant successfully challenged a Rs 1.1 crore tax notice. He surrendered tenancy for a new flat in a redeveloped building. The Inc...14 May, 2026, 12.52 PM IST
- Lady took loan for investment into venture capital fund, claimed Rs 1.49 crore interest deduction, was denied by I-T dept; ITAT allows it in a landmark rulingA lady won a tax case in ITAT Mumbai. She claimed Rs 1.49 crore interest deduction on a loan taken for Venture Capital Fund investments. Th...09 May, 2026, 07.11 AM IST
- Reliance Trust challenges I-T move to cancel registrationSeveral prominent charitable organizations in Mumbai are facing the cancellation of their tax registrations. The tax department cites comme...05 May, 2026, 12.40 AM IST
- Rs 13 lakh cash payment for credit card bill triggers tax notice; man wins case after ITAT accepts ‘family gift’ explanationA Mumbai man faced a tax notice for using Rs 13 lakh cash to pay his credit card bill. He explained the cash as gifts from his wife, father...01 May, 2026, 07.00 AM IST
- Sold gifted flat for Rs 9 crore and bought new home with husband, paid no tax; ITAT Mumbai rules in favour of taxpayerA woman successfully claimed a tax exemption on the sale of a gifted apartment after reinvesting the proceeds into a new home with her husb...30 Mar, 2026, 07.34 AM IST
- Man surrendered tenancy rights for Rs 11 crore flat in redevelopment project; Income Tax dept issued notice but ITAT Mumbai ruled in his favour. Here's whyA Mumbai tenant received a Rs 11 crore apartment for giving up tenancy rights during redevelopment. The Income Tax department questioned th...26 Mar, 2026, 01.41 PM IST
- Lady wins Rs 83 lakh capital gains tax exemption case: ITAT Mumbai flags officer’s jurisdiction errorA taxpayer successfully challenged an Rs 83 lakh capital gains tax exemption denial in ITAT Mumbai. The Income Tax officer erred by reopeni...18 Feb, 2026, 12.31 PM IST
- Rs 80 lakh tax demand quashed: ITAT Mumbai says stamp duty value not applicable to life interest in family trustITAT Mumbai ruled that stamp duty rules under Section 50C do not apply to the transfer of a life interest in family trust property. The tri...22 Jan, 2026, 09.48 PM IST
- Tax Dept accuses lady of taking Rs 3 crore cash in property deal; ITAT Mumbai disregards WhatsApp chat evidence, says no proof, no taxSmt. Shah successfully challenged the Income Tax Department's claim of receiving Rs 3 crore in cash during a property sale. The ITAT Mumbai...05 Jan, 2026, 11.19 AM IST
- He got Rs 89 lakh as gift from relatives; Tax dept doubted its genuineness, but ITAT Mumbai ruled in his favour: Here’s whyManwani faced an Rs 89 lakh income tax addition due to unexplained cash credit, which he claimed were gifts from relatives. Despite providi...15 Sep, 2025, 03.28 PM IST
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