Commissions, Forums & Tribunals ITAT Mumbai Quashes Reassessment for Non-Supply of Material Under Section 148A(b) Team Law NotifyFebruary 7, 2026February 23, 20263 mins February 07, 2026 : In a significant ruling under the post–Finance Act, 2021 reassessment framework, the Mumbai Bench of the…
Commissions, Forums & Tribunals ITAT Mumbai Quashes Reassessment Against Gedalia Multitrading Over Invalid Section 148 Notice Team Law NotifyFebruary 7, 2026February 17, 20263 mins February 07, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal has set aside reassessment proceedings initiated against…
Commissions, Forums & Tribunals ITAT Mumbai Upholds Section 263 Revision Against Ambuja Cements; Fresh Examination Ordered for AY 2019–20 Team Law NotifyFebruary 6, 2026March 3, 20264 mins February 06, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal has dismissed the appeal filed by Ambuja…
Commissions, Forums & Tribunals ITAT Mumbai: Cash Withdrawals From Disclosed Bank Accounts Not ‘Unexplained Money’, Revenue Appeals Dismissed Team Law NotifyJanuary 24, 2026February 4, 20263 mins January 24, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal has dismissed a batch of appeals filed…
Commissions, Forums & Tribunals ITAT Mumbai: No Section 234C Interest If Advance Tax Paid via Net Banking on Due Date Despite Next-Day Challan Team Law NotifyJanuary 23, 2026February 10, 20262 mins January 23, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal has ruled that interest under Section 234C…
Commissions, Forums & Tribunals ITAT Mumbai Quashes ₹2.70 Crore Reassessment Against Kalpataru Projects, Says No Bogus Purchases Without Search Evidence Team Law NotifyJanuary 14, 2026January 14, 20263 mins ITAT Mumbai, December 24, 2025 : The Mumbai Bench of the Income Tax Appellate Tribunal has struck down a reassessment…
Commissions, Forums & Tribunals ITAT Mumbai Quashes Composite Reassessment on Pre-Amalgamation Income of JMC Projects Team Law NotifyJanuary 14, 2026January 31, 20262 mins January 14, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal has ruled that income and disallowances relating…
Commissions, Forums & Tribunals ITO Lacked Pecuniary Jurisdiction: Mumbai ITAT Quashes Assessment in Svadeshi Enterprises Case Team Law NotifyJanuary 7, 2026February 10, 20262 mins January 07, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that an assessment order…
Commissions, Forums & Tribunals FMV of Ownership Flat Received on Surrender of Tenancy Rights Is Cost of Acquisition: ITAT Mumbai Team Law NotifyJanuary 7, 2026January 31, 20263 mins January 7, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal has held that when a taxpayer receives…