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Landmark Rulings

ITAT Chennai — Direct Tax

501 rulings

  1. ITAT Chennai · 09 Apr 2025
    Chennai ITAT Affirms Assessee’s Rights Under Section 12AB for Educational Trust Registration

    ARREDS Trust Vs CIT(Exemption)

    (2025) TaxCorp(LJ) 34845 (ITAT-CHENNAI) · Section 12AB

  2. ITAT Chennai · 18 Feb 2025
    Chennai ITAT Invalidates Double Taxation on Credit Card Expenses, Upholds Principle of Single Taxation for Assessee

    Mecca Rafeeque Ahmed Vs The Assistant Commissioner of Income Tax

    (2025) TaxCorp(LJ) 34843 (ITAT-CHENNAI) · Section 2(24)(iv)

  3. ITAT Chennai · 12 Feb 2025
    Chennai ITAT Upholds Rejection of Assessee's Books of Accounts; Confirms Profit Estimation and Disallowances as per IT Act

    SEBCO Property Private Limited Vs DCIT

    (2025) TaxCorp(LJ) 34822 (ITAT-CHENNAI) · Section 145(3)

  4. ITAT Chennai · 06 Feb 2025
    Chennai ITAT Proposes Revenue Reassessment on Taxability of CFS Payments, Favoring Principal Classification Over Intermediary Status

    J-Ark Logistics (P) Ltd Vs The Assistant Commissioner of Income Tax

    (2025) TaxCorp(LJ) 34810 (ITAT-CHENNAI)

  5. ITAT Chennai · 28 Jan 2025
    Excess Dividend Distribution Tax Refund Claim Denied: Chennai ITAT Confirms Reject of Assessee’s Application

    Tweezerman India Pvt. Ltd Vs ACIT

    (2025) TaxCorp(LJ) 34790 (ITAT-CHENNAI) · Section 115-O

  6. ITAT Chennai · 23 Jan 2025
    Chennai ITAT Reverses CIT(A) Decision, Upholds Revenue’s Stand on Penalty for Non-Disclosure of Capital Gains by Non-Resident Assessee

    Rohitkumar Nemchand Piparia Vs Income Tax Officer

    (2025) TaxCorp(LJ) 34781 (ITAT-CHENNAI) · Section 271(1)(c)

  7. ITAT Chennai · 23 Jan 2025
    Chennai ITAT Rules Against Education Cess on DTAA Tax Rates: A Case of Cross-Border Taxation Relief

    Sankaranarayanan Ramasubramanian Vs ACIT

    (2025) TaxCorp(LJ) 34778 (ITAT-CHENNAI)

  8. ITAT Chennai · 22 Jan 2025
    Chennai ITAT Reverses CIT(A) Decision, Denies Deduction Under Section 10A Due to Defective Form 56F

    Future Software Private Limited Vs The Assistant Commissioner of Income Tax

    (2025) TaxCorp(LJ) 34774 (ITAT-CHENNAI)

  9. ITAT Chennai · 29 Jan 2025
    Chennai ITAT Rules in Favor of Assessee: Allows Deduction for Foreign Exchange Fluctuation Loss on Currency Loan for Fixed Asset Acquisition

    Sundram Fasteners Ltd Vs The ACIT

    (2024) TaxCorp(LJ) 34766 (ITAT-CHENNAI) · Sections 37(1), 43A

  10. ITAT Chennai · 01 Jan 2025
    Revisiting Tax Credit Claims: Chennai ITAT Remands Decision on Taxes Paid by Venture Capital Funds

    IDFC Limited Vs The Joint Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34724 (ITAT-CHENNAI) · Section 115U

  11. ITAT Chennai · 26 Dec 2024
    ITAT Reinstates IDFC Financial Holdings' Advance Tax Liability, Denies Interest Addition under Section 234C

    IDFC Financial Holdings - Co. Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 34714 (ITAT-CHENNAI) · Section 234C

  12. ITAT Chennai · 28 Oct 2024
    Chennai ITAT Rules in Favor of Assessee, Overturns Revenue's Rejection of Weighted Deductions for Scientific Research Expenditures

    MRF Limited Vs DCIT

    (2024) TaxCorp(LJ) 34623 (ITAT-CHENNAI) · Section 35(2AB)

  13. ITAT Chennai · 28 Oct 2024
    Chennai ITAT Invalidates Tax Deduction Requirement on Marketing Fees Paid to Foreign Agents

    Spel Semiconductor Limited Vs ITO

    (2024) TaxCorp(LJ) 34621 (ITAT-CHENNAI)

  14. ITAT Chennai · 19 Nov 2024
    Chennai Tribunal Declares AO's Disallowance Invalid Without Sufficient Findings on Exempt Income Expenditure

    Asianet Star Communications Pvt. Ltd Vs The Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34610 (ITAT-CHENNAI) · Section 14A

  15. ITAT Chennai · 16 Nov 2024
    Chennai ITAT Upholds Business Classification of Lottery Prize Winnings, Allowing Set-off of Expenditures Against Income

    Pooja Marketing Vs DCIT

    (2024) TaxCorp(LJ) 34603 (ITAT-CHENNAI)

  16. ITAT Chennai · 28 Nov 2024
    Chennai ITAT Overturns PCIT’s Revisionary Order Under Section 263 for Lack of Evidence of Income Misreporting

    Anitha Texcot (India) Pvt. Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 34582 (ITAT-CHENNAI) · Section 270A

  17. ITAT Chennai · 04 Nov 2024
    Chennai ITAT Determines Estimated Profits Are Sufficient; Further Disallowances Under Tax Codes Unwarranted

    Shri Irulandi Thevar Vetrivel Vs The ACIT

    (2024) TaxCorp(LJ) 34564 (ITAT-CHENNAI) · Sections 40A(3), 40(a)(ia)

  18. ITAT Chennai · 01 Nov 2024
    Chennai ITAT Invalidates Section 153C Notice for AY 2012-13: Clarity on Incriminating Material Requirement and Receipt Date

    KSJ Infrastructure Pvt. Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 34563 (ITAT-CHENNAI) · Sections 153, 153C

  19. ITAT Chennai · 24 Sep 2024
    Chennai ITAT Rules MEIS Scrips as Capital Receipts, Upholds Exemption under MLFPS

    Eastman Exports Global Clothing (P) Ltd Vs The Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34538 (ITAT-CHENNAI) · Section 2(24)(xviii)

  20. ITAT Chennai · 14 Sep 2024
    Chennai ITAT Dismisses Assessee’s Appeal, Upholds CIT(A)’s Rectification Order Under Section 154; Restricts Exemption Claim on Club's Interest Income from FDs

    Madras Gymkhana Club Vs The ITO

    (2024) TaxCorp(LJ) 34514 (ITAT-CHENNAI)

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