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Landmark Rulings

ITAT Chennai — Direct Tax

501 rulings

  1. ITAT Chennai · 14 May 2024
    ITAT - Chennai ITAT Holds Final Order Time-Barred, Passed Beyond Sec.144C(13) Limitation; Explains Ambit of DRP's Powers.

    Conferencecall – Services India Pvt. Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 33890 (ITAT-CHENNAI) · Section 144C(13)

  2. ITAT Chennai · 27 Apr 2024
    ITAT - Chennai ITAT Rules Land Acquisition Compensation Under State Acts Taxable, Rejects Exemption Plea Under RFCTLARR Act.

    Mathaiyan Saravanakumar Vs ACIT

    (2024) TaxCorp(LJ) 33787 (ITAT-CHENNAI)

  3. ITAT Chennai · 20 Apr 2024
    ITAT - Section 80G Renewal Application Filed by Existing Trust within Sept 30, 2023 is Within Time: Chennai ITAT.

    Teddy Trust Vs CIT (Exemption)

    (2024) TaxCorp(LJ) 33758 (ITAT-CHENNAI) · Section 80G

  4. ITAT Chennai · 10 Apr 2024
    ITAT - Chennai ITAT Deletes Alleged Unexplained Election Expenditure for Former TN Minister Due to Lack of Independent Corroboration.

    O. Panneerselvam Vs DCIT

    (2024) TaxCorp(LJ) 33696 (ITAT-CHENNAI)

  5. ITAT Chennai · 06 Apr 2024
    ITAT - Charitable Trust's Income from Marriage Halls Eligible for Section 11 Exemption: Chennai ITAT.

    A.V.M. Charities Vs The Income Tax Officer

    (2024) TaxCorp(LJ) 33677 (ITAT-CHENNAI) · Section 11

  6. ITAT Chennai · 25 Mar 2024
    ITAT - Chennai ITAT Allows Deduction of Non-Rural Bad Debts Without Adjusting Rural Advances Provision, Upholds CSR Expenditure Disallowance.

    City Union Bank Limited Vs Asst. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33610 (ITAT-CHENNAI)

  7. ITAT Chennai · 15 Mar 2024
    ITAT - Chennai ITAT Rules Sec. 80G Timeline for Renewing Registration as 'Directory'.

    CIT-1982 Charitable Trust Vs The Income Tax Officer

    (2024) TaxCorp(LJ) 33565 (ITAT-CHENNAI) · Sections 12A, 80G

  8. ITAT Chennai · 16 Mar 2024
    ITAT - Chennai ITAT Upholds Cyprus Entity as Beneficial Owner of FCCD Interest, Rejects 'Back-to-Back Transactions' Plea.

    Worldpart Limited Vs The Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33553 (ITAT-CHENNAI)

  9. ITAT Chennai · 05 Mar 2024
    Chennai ITAT Sets Aside Revenue's 'Deemed Forfeiture' Claim on Demonetised Notes, Links Case to Sasikala's Appeals

    Lakshmi Silvers Vs The DCIT

    (2024) TaxCorp(LJ) 33469 (ITAT-CHENNAI) · Section 56(2)(ix)

  10. ITAT Chennai · 24 Feb 2024
    ITAT - Chennai ITAT Upholds Revision, Finds Undue Short-Term Capital Loss Benefit and Collusion with Group Companies

    Mercantile Ventures Ltd Vs The Asst. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33399 (ITAT-CHENNAI)

  11. ITAT Chennai · 13 Feb 2024
    ITAT - Settlor Status Alone Insufficient to Establish Beneficial Ownership: ITAT Deletes Black Money Act Addition.

    Narayanaswamy Ramamoorthy Vs The Deputy Director of Income Tax

    (2024) TaxCorp(LJ) 33310 (ITAT-CHENNAI)

  12. ITAT Chennai · 13 Jan 2024
    ITAT - ITAT Chennai Overturns Addition Under Sec. 69B for Stock Valuation Discrepancy, Upholds Business Income Classification.

    Ethiraj Hotel Mart Vs The DCIT

    (2024) TaxCorp(LJ) 33122 (ITAT-CHENNAI) · Section 69B

  13. ITAT Chennai · 10 Jan 2024
    Chennai ITAT Upholds Deduction of Interest on Loans for Settling Partner Accounts under Section 36(1)(iii)

    M/S. ARIFF AND COMPANY VERSUS THE ASST. COMMISSIONER–OF INCOME TAX, CENTRAL CIRCLE-II (3) , CHENNAI.

    (2024) TaxCorp(LJ) 33104 (ITAT-CHENNAI) · https://taxcorp.in/FileOpenDT.aspx?ID=109655&Category=ITAT&CategoryType=Zip

  14. ITAT Chennai · 10 Jan 2024
    Chennai ITAT Rules on Taxability of Unexplained Stock Investments

    ETHIRAJ HOTEL MART VERSUS THE DCIT, CENTRAL CIRCLE 3 (4) , CHENNAI.

    (2024) TaxCorp(LJ) 33102 (ITAT-CHENNAI) · https://taxcorp.in/FileOpenDT.aspx?ID=109660&Category=ITAT&CategoryType=Zip

  15. ITAT Chennai · 05 Jan 2024
    Chennai Tribunal Clarifies Nature of Land Registration Charges as Revenue Expenditure in Business Context

    M/S. RMP INFOTEC PVT. LTD. VERSUS THE ASST. COMMISSIONER OF INCOME TAX, CORPORATE CIRCLE-5 (2) , CHENNAI

    (2024) TaxCorp(LJ) 33068 (ITAT-CHENNAI) · https://taxcorp.in/FileOpenDT.aspx?ID=109593&Category=ITAT&CategoryType=Zip

  16. ITAT Chennai · 03 Jan 2024
    Chennai Tribunal Provides Relief in Demonetization Deposit Cases, Sets Precedent for Section 68 Assessments

    THE INCOME TAX OFFICER, CORPORATE WARD-2, COIMBATORE. VERSUS M/S. SAHANA JEWELLERY-EXPORTS PVT. LTD.

    (2024) TaxCorp(LJ) 33051 (ITAT-CHENNAI) · https://taxcorp.in/FileOpenDT.aspx?ID=109551&Category=ITAT&CategoryType=Zip

  17. ITAT Chennai · 27 Dec 2023
    ITAT - Chennai ITAT Upholds CIT(A) Order: No Sec. 68 Addition on Cash Receipts Converted into Jewelry Sales.

    Sahana Jewellery - Exports Pvt. Ltd Vs The Income Tax Officer

    (2023) TaxCorp(LJ) 33004 (ITAT-CHENNAI) · Section 68

  18. ITAT Chennai · 23 Dec 2023
    ITAT - Chennai ITAT Rules in Favor of Trust for Section 11 Exemption Despite Delayed Filing of Form 10B.

    Sri Vetri Vinayagar Educational Trust Vs ITO

    (2023) TaxCorp(LJ) 32983 (ITAT-CHENNAI) · Section 11

  19. ITAT Chennai · 23 Dec 2023
    ITAT - Chennai ITAT Invalidates DRP Directions and Assessment Orders for Non-Compliance with DIN Mandate.

    Sutherland Global & Others Vs The ACIT, DCIT

    (2023) TaxCorp(LJ) 32977 (ITAT-CHENNAI)

  20. ITAT Chennai · 14 Dec 2023
    ITAT - Chennai Tribunal Annuls 200% Penalty for Misreporting of Income under Section 270A.

    CHITRA RAMANATHAN VERSUS THE INCOME TAX OFFICER, NON CORPORATE WARD 17 (6) , CHENNAI.

    (2023) TaxCorp(LJ) 32919 (ITAT-CHENNAI) · https://taxcorp.in/FileOpenDT.aspx?ID=109174&Category=ITAT&CategoryType=Zip

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