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Landmark Rulings

Supreme Court — Direct Tax

877 rulings

  1. Supreme Court · 27 Jan 2025
    Supreme Court Nullifies Criminal Proceedings for Late Filing of Revised Income Tax Return, Favoring Assessee

    R. P. Darrmalingam Vs ACIT

    (2025) TaxCorp(LJ) 34787 (SC)

  2. Supreme Court · 27 Dec 2024
    Supreme Court Signals Reassessment Proceedings Dropped for Assessees with Tax Liabilities Under ₹50 Lakh in Line with Rajiv Bansal Judgment

    Vinal Comtrade Pvt. Ltd Vs THE INCOME TAX OFFICER

    (2024) TaxCorp(LJ) 34706 (SC)

  3. Supreme Court · 15 Jan 2025
    Supreme Court Rules in Favor of Legal Representatives Over Notice Issued to Deceased Assessee

    Ghanyashyam Anil Dhanani Vs The ITO

    (2024) TaxCorp(LJ) 34705 (SC)

  4. Supreme Court · 23 Dec 2024
    High Court's Refusal to Entertain Writ Petition Upheld: Special Leave Petition Disposed by Supreme Court

    Seahorse Mercantile Company Pvt Ltd Vs Office of The Income Tax Officer & Ors.

    (2024) TaxCorp(LJ) 34700 (SC)

  5. Supreme Court · 19 Dec 2024
    Supreme Court Upholds Karnataka High Court Ruling on Penalty Proceedings, Rejects Revenue's Appeal

    State Bank of India Vs CIT

    (2024) TaxCorp(LJ) 34676 (SC)

  6. Supreme Court · 19 Dec 2024
    SC Affirms Karnataka HC Ruling Invalidating Jurisdiction of Revenue Notices Under Section 153C

    Himalaya Drug Company Vs The Commissioner of Income Tax & Anr.

    (2024) TaxCorp(LJ) 34675 (SC) · Section 153C

  7. Supreme Court · 14 Feb 2025
    SC Overturns Reassessment Notices Linked to Sale-Cum-Gift from Mother to Son

    MAHENDRA GALA Vs INCOME TAX OFFICER

    (2024) TaxCorp(LJ) 34671 (SC)

  8. Supreme Court · 09 Dec 2024
    Supreme Court Upholds TDS Liability on Salaries Paid to Christian Missionaries by Tamil Nadu Govt.

    Institute Of The Franciscan Missionaries Of Mary Vs UNION OF INDIA & ORS

    (2024) TaxCorp(LJ) 34650 (SC)

  9. Supreme Court · 21 Nov 2024
    Landmark SC Ruling Exonerates HDFC Bank Officials in Inadvertent Error Saga

    HDFC Bank Ltd. Vs THE STATE OF BIHAR & ORS.

    (2024) TaxCorp(LJ) 34612 (SC)

  10. Supreme Court · 08 Nov 2024
    Supreme Court Reconsiders Ganpati Dealcom Decision, Opening New Avenues for Tax Assessment

    Ganpati Dealcom Pvt. Ltd Vs Union of India & Anr

    (2024) TaxCorp(LJ) 34607 (SC)

  11. Supreme Court · 16 Oct 2024
    Supreme Court Affirms High Court's Ruling on Reassessment of Share Premium Taxability: No Grounds Found for Income Escapement

    Godrej Agrovet Ltd Vs ACIT

    (2024) TaxCorp(LJ) 34596 (SC)

  12. Supreme Court · 16 Oct 2024
    SC Confirms Deductibility of 'Broken Period' Interest to Banks: Significance of Securities as Stock-in-Trade

    The Bank of Rajasthan Ltd Vs Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34595 (SC)

  13. Supreme Court · 16 Oct 2024
    Supreme Court Rejects Revenue's Appeal Over Delay in Tax Dispute, Upholding ITAT Ruling on Foreign Deposits

    Joginder Singh Chatha Vs PCIT

    (2024) TaxCorp(LJ) 34594 (SC) · Section 69

  14. Supreme Court · 05 Oct 2024
    Supreme Court Upholds Delhi High Court Ruling, Dismissing Assessee’s SLP

    Johnson Matthey Public Ltd. Company Vs CIT

    (2024) TaxCorp(LJ) 34566 (SC)

  15. Supreme Court · 04 Oct 2024
    Supreme Court Upholds the Mandatory Filing of Revised Returns, Restricting Assessing Officer's Authority

    M/s Shriram Investments Vs The Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34560 (SC)

  16. Supreme Court · 03 Oct 2024
    Supreme Court Upholds TOLA's Applicability to Income Tax Reassessment Notices

    Rajeev Bansal Vs Union of India & Ors.

    (2024) TaxCorp(LJ) 34557 (SC)

  17. Supreme Court · 30 Sep 2024
    Supreme Court Disposes Hundreds of Tax Cases due to CBDT’s Low Tax Effect Circular

    GBL Power Limited Vs The Commissioner of Income Tax-5

    (2024) TaxCorp(LJ) 34553 (SC)

  18. Supreme Court · 30 Sep 2024
    Supreme Court Directs Immediate Withdrawal of Excess Surcharge; Addresses Systematic Errors in Revenue Calculations

    Sunil Bakht Vs Asst. Director of Income Tax

    (2024) TaxCorp(LJ) 34552 (SC)

  19. Supreme Court · 27 Sep 2024
    Supreme Court Upholds Finality in Tax Dispute: Revenue's Special Leave Petition Dismissed

    Net App BV Vs CIT

    (2024) TaxCorp(LJ) 34546 (SC)

  20. Supreme Court · 24 Sep 2024
    Penny Stock Transactions: SC Upholds ITAT Ruling, Affirms CIT(A) Additions

    Manoj Jain (Hindu Undivided Family) Vs ITO

    (2024) TaxCorp(LJ) 34539 (SC)

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