Mumbai ITAT Judgements
65 judgements delivered by the Mumbai bench of the Income Tax Appellate Tribunal. Free to read, no signup required.
Zany Share Trading Pvt. Ltd. vs. Income Tax Officer, Ward-8(3)(4)
I.T.A. No. 4991/Mum/2025Mumbai19 Jan 2026Assessee filed its return of income for the year under consideration on 02/03/2011 declaring total income of Rs. 657/-. The return was processed u/s 143(1) of the Act. Subsequently, the assessment was reopened u/s. 147 by issuing notice u/s…
Read summaryShri Vivek Trivedi v/s. Assistant Commissioner of Income Tax, Circle – 42(3)(1)
ITA No. 5533/MUM/2025Mumbai5 Jan 2026The Revenue had information that the assessee, Shri Vivek Trivedi, did not file the return for the year despite having financial transactions worth Rs 61,41,515/- which pertained to salary income and interest income. Since no compliance was…
Read summaryThiruvananthapuram Road Development Company Limited Vs. PCIT, Mumbai-6
ITA No.2778/Mum/2025Mumbai6 Jan 2026The assessee company, Thiruvananthapuram Road Development Company Limited, is engaged in the business of developing, widening, strengthening, operating, constructing, and maintaining the Thiruvananthapuram City Roads Improvement Project (TC…
Read summaryM/s. Synergy Art Foundation Ltd. vs. DCIT
ITA No. 6598/Mum/2025Mumbai5 Jan 2026The assessee, M/s. Synergy Art Foundation Ltd., is a resident corporate entity engaged in the business of selling artworks and paintings. For the assessment year 2012-13, the assessee filed its return on 30.09.2012, declaring a loss of Rs.3…
Read summarySwami Vivekanand College vs. Income Tax Officer, Ward-4(4)
ITA No. 6628/Mum/2025Mumbai5 Jan 2026For the assessment year 2015-16, the assessee, Swami Vivekanand College, did not file any return of income under section 139(1) of the Act. Based on information from the INSIGHT portal, the Assessing Officer (A.O.) found that the assessee h…
Read summarySurajpal Singh Rathod vs. DCIT
ITA No. 6995/Mum/2025Mumbai22 Jan 2026The assessee, Surajpal Singh Rathod, is a resident individual who derives income from salary and other sources. During a search and seizure operation conducted on RD Telinet Pvt. Ltd., a company where the assessee is a Director, a courier c…
Read summarySudesh Dhanraj Murpana (HUF) Vs. Income Tax Officer – 23(3) (1)
ITA No. 5485/MUM/2025Mumbai28 Jan 2026The assessee, Sudesh Dhanraj Murpana (HUF), filed its return of income on 13.03.2014, reporting total income at Rs. 6,04,020/-. Information was received by the Assessing Officer from the Insight portal that the assessee had sold shares in t…
Read summarySolenis Chemicals India Private Limited Vs. Assessment Unit, Income Tax Department
I.T.A. No. 4718/Mum/2024Mumbai7 Jan 2026The present appeal was filed by the assessee, Solenis Chemicals India Private Limited, against the order passed by the Assessing Officer (AO) dated 18/07/2024 for the Assessment Year 2020-21. The assessee had filed an application dated 26/1…
Read summarySmt. Urmila Dhelia v/s Income Tax Officer
ITA No.4259/MUM/2025Mumbai6 Jan 2026The assessee, Smt. Urmila Dhelia, a member of the MIG Co-operative Housing Society (Bandra East), Group IV Ltd, entered into a tripartite development agreement dated 17.09.2010 with M/s. Keystone Realtors Pvt. Ltd. and Rustomjee Constructio…
Read summarySiemens Limited vs. Asst. DIT
ITA No. 6678/Mum/2025Mumbai5 Jan 2026The assessee, Siemens Limited, a resident corporate entity, filed a return of income for the assessment year 2020-21. The Centralized Processing Centre (CPC) made an upward adjustment of Rs. 6,62,28,591/- on account of reversal of interest …
Read summaryShila Ashok Shah Foundation Vs. CIT (Exemptions)
I.T.A. No. 6764/Mum/2025Mumbai19 Jan 2026The Shila Ashok Shah Foundation, an assessee, filed an appeal against the order dated 29/11/2024 passed by the Learned Commissioner of Income Tax (Exemption), Mumbai, rejecting its application for registration under Section 12AB of the Inco…
Read summarySaroj Bhonsle Naik vs. ITO
ITA No. 4396/Mum/2025Mumbai23 Jan 2026The assessee, Saroj Bhonsle Naik, did not file any return of income for the assessment year 2014-15. The Assessing Officer (A.O.) reopened the assessment based on substantial financial transactions undertaken by the assessee. The A.O. made …
Read summarySankhala Exports Pvt Ltd Vs ACIT, CC – 1(3)
I.T.A. No. 4643/Mum/2025Mumbai7 Jan 2026The present appeal has been filed by Sankhala Exports Pvt Ltd challenging the order dated 30.06.2025 passed under section 250 of the Income Tax Act, 1961 by the National Faceless Appeal Centre (NFAC) / CIT(A) for the assessment year 2015-16…
Read summarySalma Sadiq Kantharia vs. ITO-Ward 41(1)(4)
ITA No.7403/Mum/2025Mumbai22 Jan 2026This is an appeal by the assessee, Salma Sadiq Kantharia, against the order dated 27.05.2024 passed by the National Faceless Appeal Centre (NFAC), Delhi, for the assessment year 2021-22. There was a delay of 471 days in filing the appeal. T…
Read summaryNitin Ramchandra Kalambe Vs. ITO, Ward-2(2)
I.T.A. No. 7424/Mum/2025Mumbai23 Jan 2026The assessee, Nitin Ramchandra Kalambe, filed his return of income showing total income at Rs. 8,85,460/-. His case was selected for scrutiny under section 147 of the Income Tax Act, 1961, following a search and seizure operation involving …
Read summaryNational Institute of Construction Management and Research vs Deputy Commissioner of Income Tax (Exemptions), Circle - 2
ITA No.4324/MUM/2025Mumbai9 Jan 2026The assessee, National Institute of Construction Management and Research, was formed in 1983 with the objects of imparting knowledge and education in the field of construction management and research. It was granted registration under secti…
Read summaryM/s. Rallis India Ltd. vs. The Dy. Commissioner of Income Tax
ITA No. 7254/MUM/2025 & ITA No. 7255/MUM/2025Mumbai23 Jan 2026M/s. Rallis India Ltd. filed two appeals against the order of the Learned Commissioner of Income Tax (Appeals)-National Faceless Appeal Centre (NFAC), Delhi, dated 27-09-2025, pertaining to Assessment Years 2021-22 & 2023-24. The appeals ra…
Read summaryShreya Creations P. Ltd. Vs. CIT(A)-50, Mumbai
ITA No.6958/Mum/2025Mumbai23 Jan 2026The assessee, Shreya Creations P. Ltd., is a resident corporate entity involved in the entertainment industry. For the assessment year 2011-12, the assessee filed its return of income on 28.12.2011, declaring NIL income under normal provisi…
Read summaryM/s. Sapphire Fintech Private Limited v/s Deputy Commissioner of Income Tax
ITA No.594/MUM/2023Mumbai2 Jan 2026The assessee, M/s. Sapphire Fintech Private Limited, is engaged in the business of investment. For the assessment year 2012-13, the assessee filed its return of income declaring a total loss. During the scrutiny assessment, it was observed …
Read summaryM/s. Ashapura Developers Vs. ACIT Circle-1, Thane
ITA No. 5795/Mum/2025Mumbai8 Jan 2026The assessee, M/s. Ashapura Developers, a partnership firm engaged in the business of builder and developer, filed its return of income for the assessment year 2014-15 declaring a total income of Rs. 21,67,520/-. The case was selected for s…
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