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Landmark Rulings

Direct Tax landmark rulings

15,784 rulings

  1. ITAT Mumbai · 08 Jan 2025
    Mumbai ITAT Dismisses Revenue's Appeal as 'Withdrawn' Due to Insignificant Tax Impact Under New CBDT Directives

    Bennett Property Holdings Company Limited Vs Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34744 (ITAT-MUMBAI)

  2. Delhi High Court · 08 Jan 2025
    Delhi HC Upholds ITAT's Ruling Favoring Genpact Consulting in Section 263 Challenge

    Genpact Consulting Singapore Pte Ltd Vs CIT

    (2024) TaxCorp(LJ) 34743 (HC-DELHI) · Section 263

  3. Delhi High Court · 08 Jan 2025
    Delhi HC Overturns AO's Order on Withholding Tax Calculation for Foreign Assessee, Mandates Expense Consideration

    Travelport International Operations Limited Vs DCIT

    (2024) TaxCorp(LJ) 34742 (HC-DELHI)

  4. ITAT Mumbai · 08 Jan 2025
    Absence of Subcontractual Obligation Exempts Assessee from TDS Deduction under Section 194C

    Partho Das Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34741 (ITAT-MUMBAI) · Sections 40(a)(ia), 194C

  5. Delhi High Court · 08 Jan 2025
    Western Union Financial Services Not Subject to Permanent Establishment (PE) in India

    Western Union Financial Services Inc. Vs DIRECTOR OF INCOME TAX INTN'L

    (2024) TaxCorp(LJ) 34740 (HC-DELHI)

  6. ITAT Mumbai · 09 Jan 2025
    Mumbai ITAT Upholds PCIT's Authority to Initiate Revisionary Proceedings Under Section 263, Citing Inadequate Assessment of Depreciation on Goodwill

    Orion India Systems Private Limited Vs PCIT

    (2024) TaxCorp(LJ) 34739 (ITAT-MUMBAI) · Section 263

  7. ITAT Mumbai · 06 Jan 2025
    Interest Disallowance Under Section 36(1)(iii) Declared Unsustainable by Mumbai ITAT for Lack of Justification

    Sachin Chandru Mirani Vs ACIT

    (2024) TaxCorp(LJ) 34738 (ITAT-MUMBAI) · Section 36(1)(iii)

  8. ITAT Bangalore · 06 Jan 2025
    Bangalore ITAT Strikes Down Reassessment Order Over Non-Deduction of TDS on Foreign Payments, Emphasizes Necessity of Material Fact Disclosure

    Eurofins Peenya Resources Private Limited Vs The Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34737 (ITAT-BANGALORE)

  9. ITAT Delhi · 06 Jan 2025
    Decision on Depreciation Claims: ITAT Affirms Rights of Assessee for Assets in Demerger Scheme

    Indus Towers Ltd (formerly known as Bharti Infratel Ltd) Vs DCIT

    (2024) TaxCorp(LJ) 34736 (ITAT-DELHI)

  10. ITAT Ranchi · 06 Jan 2025
    Assessee Eligible for Deduction under Section 80-IA despite Late Submission of Audit Report

    Jamshedpur Utilities and Services Company Limited Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34735 (ITAT-RANCHI) · Section 80-IA

  11. ITAT Delhi · 06 Jan 2025
    Delhi ITAT Upholds Section 80P Deductions for Co-operative Banks on Dividend Income, Rejects Revenue's Opposition Based on Licensing Issues

    Muzaffarnagar District Cooperative Bank Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34734 (ITAT-DELHI) · Section 80P

  12. ITAT Mumbai · 10 Jan 2025
    Reassessment Order Quashed on Grounds of Misalignment with Recorded Reasons

    Magnetic Properties Exim Pvt. Ltd Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34733 (ITAT-MUMBAI)

  13. ITAT Hyderabad · 15 Jan 2025
    Hyderabad ITAT Determines Sub-Contractor's Eligibility for 80IA(4) Deduction in Andhra Pradesh Irrigation Project

    Prathima Infrastructure Limited Vs The Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34732 (ITAT-HYDERABAD) · Section 80IA(4)

  14. ITAT Mumbai · 15 Jan 2025
    Mumbai ITAT Clarifies No TDS Liability on Related Party Transactions Involving Non-Convertible Debentures and Interest Rights

    Piramal Capital And Housing Finance Limited Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34731 (ITAT-MUMBAI) · Sections 193, 194A

  15. ITAT Bangalore · 03 Jan 2025
    Bangalore ITAT Rules Against Penalty for Delayed Tax Audit Report Filing; Emphasizes Absence of Malafide Intent and Technical Breach

    Sri Chinnayellappa Chandrashekar Vs ITO

    (2024) TaxCorp(LJ) 34730 (ITAT-BANGALORE)

  16. Delhi High Court · 03 Jan 2025
    Delhi HC Urges CBDT to Extend Direct Tax Vivad Se Vishwas Scheme to Taxpayers Amid Appeal Time Constraints

    NAVEEN KUMAR AGGARWAL Vs CENTRAL BOARD OF DIRECT TAXES & ANR

    (2024) TaxCorp(LJ) 34729 (HC-DELHI)

  17. ITAT Mumbai · 03 Jan 2025
    Mumbai ITAT Nullifies Penalty for Assessee, Upholding the Principle of Good Faith in Tax Compliance

    Chintan Sanjay Shah Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34728 (ITAT-MUMBAI) · Section 43

  18. ITAT Mumbai · 03 Jan 2025
    Mumbai ITAT Overrules Revenue’s Disallowance of Short-Term Capital Loss in Property Sale Case

    Shivang Arjun Desai Vs Dy.Commissioner of Income-tax

    (2024) TaxCorp(LJ) 34727 (ITAT-MUMBAI)

  19. ITAT Delhi · 01 Jan 2025
    Delhi ITAT Rules Compensation Received by Assessee as Capital Receipt: Non-Applicability of Section 28(ii)(b)

    Modi Entertainment Ltd Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34726 (ITAT-DELHI) · Section 28(ii)(b)

  20. ITAT Mumbai · 01 Jan 2025
    ITAT Mumbai Rules Favorably for Assessee, Cancels Section 68 Additions of Rs. 1.95 Cr from 23 Lenders, Upholds Interest Claims

    Gauranga Papers LLP Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34725 (ITAT-MUMBAI)

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