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Landmark Rulings

Direct Tax landmark rulings

15,784 rulings

  1. ITAT Bangalore · 24 Jan 2025
    ITAT Bangalore Upholds Penalty on Assessee for Misreporting and Double Deduction of Income Under Section 270A

    Rashtrotthana Parishat Vs DCIT(E)

    (2025) TaxCorp(LJ) 34784 (ITAT-BANGALORE)

  2. ITAT Mumbai · 24 Jan 2025
    Mumbai ITAT Rules in Favor of Assessee, Nullifies Disallowance Under Section 14A and Clarifies Methodology for Adjustments in Book Profit Computation

    Trent Ltd Vs DCIT

    (2025) TaxCorp(LJ) 34783 (ITAT-MUMBAI) · Section 14A

  3. ITAT Cochin · 23 Jan 2025
    Cochin ITAT Rules Out Penalty Under Section 271B for Late Tax Audit Report, Citing Professional Misguidance and Reasonable Cause.

    Kulasekharapuram Service Co-operative Bank Ltd. Vs NFAC

    (2025) TaxCorp(LJ) 34782 (ITAT-COCHIN)

  4. 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)

  5. ITAT Mumbai · 23 Jan 2025
    ITAT - Mumbai ITAT Quashes Notice and Order Due to Lack of Proper Authority’s Sanction

    Surya Ferrous Alloys Pvt. Ltd Vs ACIT

    (2025) TaxCorp(LJ) 34780 (ITAT-MUMBAI) · Section 148

  6. ITAT Ahmedabad · 23 Jan 2025
    Fraudulent Income Taxable: Ahmedabad ITAT Addresses Tax Liability Amidst Criminal Implications

    Mukesh Rasiklal Shah Vs ACIT

    (2025) TaxCorp(LJ) 34779 (ITAT-AHMEDABAD)

  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 Bangalore · 24 Jan 2025
    Bangalore ITAT Rules on Discretionary Trust’s Interest in Partnership Firm as Taxable Shares Under Section 56(2)(vii)

    Buckeye Trust Vs PCIT-2

    (2025) TaxCorp(LJ) 34777 (ITAT-BANGALORE)

  9. ITAT Jodhpur · 24 Jan 2025
    Jodhpur ITAT Rules in Favor of Assessee, Annuls Unsustainable Addition of Rs 51 Lakhs under Section 56(2)(viib)

    Patel Minerals Pvt. Ltd Vs The ACIT

    (2025) TaxCorp(LJ) 34776 (ITAT-JODHPUR)

  10. P&H High Court · 22 Jan 2025
    Himachal Pradesh High Court Upholds Tax Provisions, Dismisses Appeals on Leave Encashment Deductions

    H.P. State Civil Supplies Corporation Ltd Vs ACIT

    (2025) TaxCorp(LJ) 34775 (HC-P&H) · Section 43B

  11. 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)

  12. ITAT Kolkata · 22 Jan 2025
    Kolkata ITAT Upholds CIT(A) Ruling, Deleting Black Money Act Additions and Penalties for Assessment Years 2014-15 to 2016-17

    Vikash Marda Vs JCIT

    (2025) TaxCorp(LJ) 34773 (ITAT-KOLKATA)

  13. ITAT Rajkot · 22 Jan 2025
    Rajkot ITAT Upholds Assessee's Position in Amalgamation Case, Dismisses Claims for Additional Tax Liability Under Section 56(2)

    Rajoo Engineers Ltd Vs DCIT

    (2025) TaxCorp(LJ) 34772 (ITAT-RAJKOT)

  14. ITAT Bangalore · 22 Jan 2025
    Bangalore ITAT Rules Severance Compensation Taxable as Salary Under Section 17(3)(i)

    Shivabasappa Kariyappanavar Vs ITO

    (2024) TaxCorp(LJ) 34771 (ITAT-BANGALORE) · Section 17(3)(i)

  15. ITAT Delhi · 27 Jan 2025
    Delhi ITAT Rules Cloud-Native Data Analytics Solutions Receipts Are Not FTS under India-USA DTAA, Aligning with Coursera Inc Ruling

    Sumo Logic, Inc. Vs ACIT

    (2024) TaxCorp(LJ) 34770 (ITAT-DELHI)

  16. Madras High Court · 27 Jan 2025
    Madras HC Upholds High Pitched Assessment Process, Dismisses Assessee's Writ Petitions

    Bee Cee Fireworks Industries Vs The Principal Chief Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34769 (HC-MADRAS)

  17. Chhattisgarh High Court · 27 Jan 2025
    Chhattisgarh High Court Condoned Delay in Filing Appeal Before ITAT, Restores Case for Re-examination on Merits

    Navodit Samaj Sevi Sanstha, Charama Vs ITO

    (2024) TaxCorp(LJ) 34768 (HC-CHHATTISGARH)

  18. ITAT Jodhpur · 29 Jan 2025
    Jodhpur ITAT Dismisses Revision under Section 263, Upholding AO's Plausible Assessment of Deductions Claimed

    Rakesh Kumar Doshi Vs The PCIT

    (2024) TaxCorp(LJ) 34767 (ITAT-JODHPUR) · Sections 57, 263

  19. 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

  20. ITAT Mumbai · 29 Jan 2025
    Mumbai ITAT Strikes Down Reassessment Under Section 148 for Failure to Address Assesse's Objections, Violating Established Legal Precedents

    UTI Asset Management Company Limited Vs DCIT

    (2024) TaxCorp(LJ) 34765 (ITAT-MUMBAI)

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