A control device for an automatic transmission includes a traveling drive source, an automatic transmission, an AT controller, and a traveling drive source controller. The AT controller is configured to execute shifting by changeover of friction elements upon receiving a shift request. The traveling drive source controller is configured to execute torque limit control of the traveling drive source when a request for limiting a torque by an upper limit torque is input from the AT controller. The AT controller has an upper limit torque change processing unit configured to change the upper limit torque from a low gear upper limit torque to a high gear upper limit torque when auto-upshift is executed. The upper limit torque change processing unit is configured to raise the upper limit torque using a prescribed gradient during an inertia phase when the inertia phase is started with the auto-upshift.