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Landmark Rulings

ITAT Chennai — Direct Tax

501 rulings

  1. ITAT Chennai · 14 Sep 2024
    Chennai ITAT Upholds CIT(A) Order, Clarifies Deduction Under Section 36(1)(viia)(d) for Bad and Doubtful Debts

    Cholamandalam Investment & Finance Company Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 34510 (ITAT-CHENNAI)

  2. ITAT Chennai · 19 Nov 2024
    Chennai ITAT Allows Assessee’s Appeal, Holds Provision for Expected Losses as Allowable Deduction Under Indian Tax Laws

    International Seaport Dredging Private Limited Vs DCIT

    (2024) TaxCorp(LJ) 34484 (ITAT-CHENNAI)

  3. ITAT Chennai · 05 Sep 2024
    Chennai ITAT Quashes Revision Order Under Section 263 for AY 2014-15, Holds It Bad in Law Due to Lack of Evidence on Erroneous and Prejudicial Nature

    Gaurav Dugar Vs The Principal Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34482 (ITAT-CHENNAI) · Section 263

  4. ITAT Chennai · 31 Aug 2024
    Chennai ITAT Overrules Rs. 49.48 Crore Disallowance for IDFC First Bank, Affirms Exemption of Dividend Income Under Section 10(34)

    IDFC First Bank Limited Vs The Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34467 (ITAT-CHENNAI) · Section 14A

  5. ITAT Chennai · 31 Aug 2024
    Chennai ITAT Rules in Favor of Hyundai Motors on Non-Taxability of Investment Promotion Subsidy as Capital Receipt

    Hyundai Motor India Limited Vs Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34465 (ITAT-CHENNAI)

  6. ITAT Chennai · 17 Aug 2024
    Assessing Interest Income of Cottage Industry as Entitled for Section 80P(2) Deductions

    Potheri Village Weaning Food Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34433 (ITAT-CHENNAI) · Section 80P(2)

  7. ITAT Chennai · 03 Aug 2024
    DVO Report Rejected: ITAT Pune Upholds Deletion of Rs. 6.23 Cr Unexplained Investments

    Royal Estates Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34399 (ITAT-CHENNAI) · Section 69

  8. ITAT Chennai · 03 Aug 2024
    RBI Approval a Must for Bad Debt Write-Off: Chennai ITAT

    Vaasautomation India Pvt Ltd Vs The Asst.Commissioner of Income Tax(OSD)

    (2024) TaxCorp(LJ) 34397 (ITAT-CHENNAI)

  9. ITAT Chennai · 03 Aug 2024
    Guarantee Fee Below Threshold Limit Saves Assessee from Reassessment

    Hyundai Transys INC Vs The Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34396 (ITAT-CHENNAI)

  10. ITAT Chennai · 29 Jul 2024
    US-Based Automotive Company Wins Tax Battle: Chennai ITAT Rules Out Fee for Included Services

    Visteon Corporation Vs The DCIT

    (2024) TaxCorp(LJ) 34382 (ITAT-CHENNAI)

  11. ITAT Chennai · 26 Jul 2024
    Tamilnadu Advocate Welfare Fund Wins Tax Exemption Battle: ITAT Chennai Dismisses Revenue's Appeal

    Tamilnadu Advocate Welfare Fund Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34372 (ITAT-CHENNAI) · Section 11

  12. ITAT Chennai · 20 Jul 2024
    Microfinance Activity Not Charitable, Says Chennai ITAT

    Innovative Microfinance Vs The Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34352 (ITAT-CHENNAI)

  13. ITAT Chennai · 17 Jul 2024
    Chennai ITAT Directs Revenue to Modify Demand Notice as per NCLT Order, Applying Section 156A

    Aircel Limited Vs The Dy. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34327 (ITAT-CHENNAI) · Section 156A

  14. ITAT Chennai · 06 Jul 2024
    Fees to non-residents not taxable in India sans fixed base/PE; Chennai ITAT nixes Sec. 40(a)(i) disallowance for non-deduction of TDS

    Rane Engine Valve Limited Vs The Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34252 (ITAT-CHENNAI) · Section 40(a)(i)

  15. ITAT Chennai · 01 Jul 2024
    Chennai ITAT Allows Deduction for Payments to Non-Residents, Overturns Disallowance Under Section 40(a)(i)

    Ahlers India Pvt. Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 34203 (ITAT-CHENNAI) · Section 40(a)(i)

  16. ITAT Chennai · 19 Jun 2024
    Microsoft Utility License Fees Not Taxable as Royalty: Chennai ITAT

    Temenos Headquarters SA Vs DCIT

    (2024) TaxCorp(LJ) 34119 (ITAT-CHENNAI)

  17. ITAT Chennai · 15 Jun 2024
    Chennai ITAT Deletes Sec.40(a)(i) Disallowance on Overseas Payments sans TDS, Pre-Amendment to Sec.9(2)

    Titan Company Ltd Vs The Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34107 (ITAT-CHENNAI) · Section 40(a)(i)

  18. ITAT Chennai · 13 Jun 2024
    ITAT Chennai: Assessment Order Under 143(3) Not a Prerequisite for Revision Under 263, Unsigned or Unserved Order Immaterial

    Ramasamy Sathyan Vs The Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34093 (ITAT-CHENNAI) · Sections 143(3), 263

  19. ITAT Chennai · 30 May 2024
    Chennai ITAT Sets Aside Rs. 10.92 Cr Penalty Under Section 270A(9) for Lack of Specificity in Penalty Notice

    Enrica Enterprises Pvt. Ltd Vs The Dy. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34002 (ITAT-CHENNAI)

  20. ITAT Chennai · 16 May 2024
    Chennai ITAT held that Customers' Identification & Liaisoning Tantamounts to Marketing Services, Not Taxable as 'Fees for Included Services'

    Laserwords US Inc. Vs The Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33906 (ITAT-CHENNAI)

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