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Landmark Rulings

Direct Tax landmark rulings

15,784 rulings

  1. ITAT Cochin · 29 Jan 2025
    Cochin ITAT Upholds Section 80P Deduction for Cooperative Society’s FD Interest Income, Distinguishing Key Jurisprudence

    Palakkad Service Cooperative Bank Ltd Vs The Income Tax Officer

    (2024) TaxCorp(LJ) 34764 (ITAT-COCHIN)

  2. ITAT Mumbai · 20 Jan 2025
    Mumbai ITAT Rules Transfer Expenses as Deductible in Computation of Capital Gains on Slump Sale: Reassessment of Larsen and Toubro Ltd Overturned

    Larsen and Toubro Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34763 (ITAT-MUMBAI) · Sections 48, 50B

  3. Delhi High Court · 20 Jan 2025
    Delhi High Court Affirms Assessee’s Long-term Capital Gains Exemption Under Section 10(38), Dismissing Revenue’s Claims

    Hespera Reality Pvt. Ltd Vs The PCIT

    (2024) TaxCorp(LJ) 34762 (HC-DELHI) · Sections 10(38), 115JB

  4. ITAT Rajkot · 20 Jan 2025
    Rajkot ITAT Upholds Assessee's Claim for Deduction Under Provisions Relating to Bad Debts and Reserves

    Jivan Commercial Co-operative Bank Ltd Vs The ACIT

    (2024) TaxCorp(LJ) 34761 (ITAT-RAJKOT) · Section 36(1)(vii)

  5. ITAT Raipur · 20 Jan 2025
    Raipur ITAT Strikes Down Invalid Assessment Order Due to Lack of Jurisdiction in Sanctioning Authority under Section 151

    Keshri Rice Industries Vs Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34760 (ITAT-RAIPUR) · Sections 144, 144B, 147, 151

  6. ITAT Jaipur · 20 Jan 2025
    Jaipur ITAT Rules Agency Relationship Does Not Exist, Overturns Rs 30.18 Lakhs Disallowance

    Nikhil Sharma Vs ITO

    (2024) TaxCorp(LJ) 34759 (ITAT-JAIPUR) · Section 40(a)(ia)

  7. ITAT Delhi · 20 Jan 2025
    ITAT Rules Washout Charges of ₹10.58 Cr Not Taxable in India for Assessee Lacking Permanent Establishment

    Cargill International Trading Pvt Ltd Vs The A.C.I.T

    (2024) TaxCorp(LJ) 34758 (ITAT-DELHI)

  8. Bombay High Court · 29 Jan 2025
    Bank of India Secures Legal Victory: High Court Affirms Deduction for Broken Period Interest in HTM Securities Purchase

    Bank of India Vs ACIT

    (2024) TaxCorp(LJ) 34757 (HC-BOMBAY)

  9. Bombay High Court · 13 Feb 2025
    Writ Petition Granted: Bombay HC Nullifies Assessment Order Due to Expired Limitation Period

    Wavy Construction LLP Vs ACIT

    (2024) TaxCorp(LJ) 34756 (HC-BOMBAY) · Sections 147, 153

  10. Delhi High Court · 09 Apr 2025
    Delhi High Court Nullifies Impugned Certificate Under DTVSV Act, Confirming Finality of Settlements Made by Tax Declarants

    S A N Garments Manufacturing Private Limited Vs Pr Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34755 (HC-DELHI)

  11. Bombay High Court · 09 Apr 2025
    Bombay High Court Upholds Assessee's Writ Petition, Mandating Condonation of Delay in Form 9A Filing to Alleviate Undue Hardship

    Nav Chetna Charitable Trust Vs Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34754 (HC-BOMBAY) · Section 119(2)(b)

  12. Delhi High Court · 09 Apr 2025
    Delhi High Court Rules Interest on Borrowed Funds Temporarily Held in Deposits Constitutes Capital Expenditure in International Coal Ventures Case

    International Coal Ventures Pvt. Ltd Vs PCIT

    (2024) TaxCorp(LJ) 34753 (HC-DELHI)

  13. Madras High Court · 15 Jan 2025
    Madras High Court Upholds Revenue’s Authority in Writ Dismissal

    Mark Studio India Private Limited Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34752 (HC-MADRAS)

  14. ITAT Mumbai · 15 Jan 2025
    Mumbai ITAT Upholds Section 80IA Deduction on Estimated Market Value of Transport Services Amid Revenue Challenges

    Prism Johnson Limited Vs ACIT

    (2024) TaxCorp(LJ) 34751 (ITAT-MUMBAI) · Section 80IA

  15. ITAT Delhi · 10 Jan 2025
    Charitable Institution Denied Exemption Under Section 11 for Non-Compliance with Filing Requirements

    Army Wives Welfare Association Vs ITO

    (2024) TaxCorp(LJ) 34750 (ITAT-DELHI) · Sections 11, 139(4)

  16. ITAT Ahmedabad · 10 Jan 2025
    Ahmedabad ITAT Overturns Section 68 Addition on Capital Advance Refund, Upholding Assessee’s Claims of Genuineness

    Flourish Purefoods Pvt. Ltd. Vs DCIT

    (2024) TaxCorp(LJ) 34749 (ITAT-AHMEDABAD)

  17. Delhi High Court · 09 Jan 2025
    Delhi High Court Affirms ITAT Ruling: No Valid Reassessment Actions Due to Non-compliance with Section 150

    CAPITAL POWER SYSTEMS LTD Vs THE PR. COMMISSIONER OF INCOME TAX

    (2024) TaxCorp(LJ) 34748 (HC-DELHI) · Section 150

  18. ITAT Mumbai · 09 Jan 2025
    Mumbai ITAT Upholds Assessee's DCF Valuation, Rejects AO's Grounds for Disallowance under Section 56(2)(viib)

    Shaha Finlease Private Limited Vs DCIT

    (2024) TaxCorp(LJ) 34747 (ITAT-MUMBAI)

  19. ITAT Delhi · 09 Jan 2025
    ITAT Rules in Favor of Criteo Singapore: Advertisement Space Payments Not Taxable as Royalty Under India-Singapore DTAA

    Criteo Singapore Pte. Ltd Vs The A.C.I.T

    (2024) TaxCorp(LJ) 34746 (ITAT-DELHI)

  20. ITAT Delhi · 09 Jan 2025
    Delhi ITAT Renders Decision on Taxability of Technical Services Provided by UK Assessee, Emphasizing Indian Source of Income

    Tungsten Network Ltd Vs Dy.CIT

    (2024) TaxCorp(LJ) 34745 (ITAT-DELHI)

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