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Landmark Rulings

ITAT Delhi — Direct Tax

2,211 rulings

  1. ITAT Delhi · 13 May 2024
    Delhi High Court Sets Aside Assessment Order Making Additions Based Merely on CBIC Information, Remits Matter for Fresh Adjudication

    Bausch And Lomb India Private Limited Vs ASSESSMENT UNIT, NATIONAL FACELESS ASSESSMENT CENTRE

    (2024) TaxCorp(LJ) 33883 (ITAT-DELHI)

  2. ITAT Delhi · 13 May 2024
    ITAT - Delhi ITAT Characterizes Rs. 113.41 Cr. Received by Volvo Sweden as FTS, Rejects Plea for Consistency

    Volvo Information Technology AB Vs DCIT

    (2024) TaxCorp(LJ) 33882 (ITAT-DELHI)

  3. ITAT Delhi · 11 May 2024
    Delhi ITAT Holds Loss on Forward Contracts & Forward Premium Account Non-Speculative, Dismisses Revenue's Appeal

    J. K. Techno soft Ltd Vs DCIT

    (2024) TaxCorp(LJ) 33875 (ITAT-DELHI)

  4. ITAT Delhi · 10 May 2024
    ITAT - Delhi ITAT Directs AO to Verify Donations and Grant Deduction Under Section 80G/80GGA Read with Section 35AC.

    DAL TRUST VERSUS ITO WARD-50 (1) NEW DELHI

    (2024) TaxCorp(LJ) 33869 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=111480&Category=ITAT&CategoryType=Zip

  5. ITAT Delhi · 04 May 2024
    ITAT - Delhi ITAT Deletes Section 68 Addition for Unsecured Loan, Holds Lender's Source Accepted by AO.

    Devki Nandan Maheshwari Vs ACIT

    (2024) TaxCorp(LJ) 33833 (ITAT-DELHI) · Section 68

  6. ITAT Delhi · 03 May 2024
    ITAT - Delhi ITAT Rejects Taxability Under Section 44BB Without PE in India, Distinguishes SC Judgment in ONGC.

    Computer Modelling Group Ltd Vs ACIT

    (2024) TaxCorp(LJ) 33829 (ITAT-DELHI) · Section 44BB

  7. ITAT Delhi · 02 May 2024
    Penalty Order Invalidated: Delhi ITAT Rules in Favor of Assessee, Citing Limitations Under Section 271C

    Turner General Entertainment Networks India Pvt. Ltd Vs ITO

    (2024) TaxCorp(LJ) 33818 (ITAT-DELHI)

  8. ITAT Delhi · 27 Apr 2024
    Quippo Energy (P) Ltd. Secures Higher Depreciation Rate of 80% on Exhaust Gas Boiler: ITAT Upholds CIT(A) Order Against Revenue's Claims

    Quippo Energy (P) Ltd Vs DCIT

    (2024) TaxCorp(LJ) 33786 (ITAT-DELHI)

  9. ITAT Delhi · 25 Apr 2024
    ITAT - Offshore Contract Taxation: Delhi ITAT Orders a Reassessment.

    J.M. Voith SE & Co. KG (Earlier Voith Paper GmbH & Co. KG) Vs DCIT

    (2024) TaxCorp(LJ) 33777 (ITAT-DELHI)

  10. ITAT Delhi · 19 Apr 2024
    ITAT - Receipts of a Danish company from Licensing 'Object Code Version' of Proprietary Software Not Taxable as Royalty: Delhi ITAT.

    Saxo Bank A/S Vs ACIT

    (2024) TaxCorp(LJ) 33749 (ITAT-DELHI)

  11. ITAT Delhi · 16 Apr 2024
    Treaty benefit on salary allowable sans TRC, basis tax compliance in Australia

    Yogesh Kotiyal Vs ACIT

    (2024) TaxCorp(LJ) 33731 (ITAT-DELHI)

  12. ITAT Delhi · 15 Apr 2024
    ITAT - Delhi ITAT Third Member Clarifies Distinctions Between Sec. 68 & Sec. 69, Rejects Alternative Invocation.

    JMK Exports Vs The ACIT

    (2024) TaxCorp(LJ) 33723 (ITAT-DELHI) · Sections 68, 69

  13. ITAT Delhi · 28 Mar 2024
    ITAT(TM) - Delhi ITAT Third Member: CCTV Footage and Section 132(4) Statement Not Conclusive Evidence for Demonetised Cash Deposits, Quashes Assessment.

    D.L. Heera Bhai Jewellery Arcade Pvt. Ltd Vs ACIT

    (2024) TaxCorp(LJ) 33636 (ITAT-DELHI) · Section 132(4)

  14. ITAT Delhi · 26 Mar 2024
    Delhi ITAT: UK Grid Solutions Ltd Entitled to India-UK Treaty Benefits, Rejects Revenue's Reliance on BEPS Action 7.

    UK Grid Solution Limited Vs DCIT

    (2024) TaxCorp(LJ) 33618 (ITAT-DELHI)

  15. ITAT Delhi · 26 Mar 2024
    ITAT - Delhi ITAT: No Profit Attributable to Alleged PE if Indian AE Remunerated at Arm's Length Price, Follows Morgan Stanley Ruling.

    AB Sciex Pte Ltd Vs ACIT

    (2024) TaxCorp(LJ) 33617 (ITAT-DELHI)

  16. ITAT Delhi · 22 Mar 2024
    ITAT - Delhi ITAT Upholds Mauritian Company's Entitlement to Treaty Benefits for Pre-April 2017 Share Transfers, Relies on Azadi Bachao Andolan and Grandfathering Clause.

    Norwest Venture Partners X-Mauritius Vs DCIT

    (2024) TaxCorp(LJ) 33596 (ITAT-DELHI)

  17. ITAT Delhi · 14 Mar 2024
    ITAT - Delhi ITAT: No Virtual PE of Clifford Chance, Relies on India's Stance on BEPS Report and SC judgment in E-Funds.

    Clifford Chance PTE Ltd Vs ACIT

    (2024) TaxCorp(LJ) 33539 (ITAT-DELHI)

  18. ITAT Delhi · 14 Mar 2024
    ITAT - Delhi ITAT Deletes Rs. 119 Crore 'Hawala' Addition on Alchemist Group Co. for FDI from Cyprus Fund.

    Alchemist Touchnology Vs ACIT

    (2024) TaxCorp(LJ) 33538 (ITAT-DELHI)

  19. ITAT Delhi · 09 Mar 2024
    ITAT - Delhi ITAT Rules LTCG Not Bogus Despite Drastic Share Price Spike, Absent Cogent Material.

    Sarika Bindal Vs ITO

    (2024) TaxCorp(LJ) 33503 (ITAT-DELHI)

  20. ITAT Delhi · 02 Mar 2024
    ITAT - ITAT Orders Fresh Review of DAPE Issue, Underscores Importance of Factual Accuracy in Tax Rulings.

    Automation Anywhere Inc. Vs DCIT

    (2024) TaxCorp(LJ) 33455 (ITAT-DELHI)

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