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Landmark Rulings

Direct Tax landmark rulings

15,784 rulings

  1. ITAT Chennai · 01 Jan 2025
    Revisiting Tax Credit Claims: Chennai ITAT Remands Decision on Taxes Paid by Venture Capital Funds

    IDFC Limited Vs The Joint Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34724 (ITAT-CHENNAI) · Section 115U

  2. ITAT Mumbai · 01 Jan 2025
    Mumbai ITAT Rules in Favor of Assessee on Capital Gains Taxation, Reinforces Legitimacy of Tax Planning Strategies

    Ranu Vohra Vs ACIT

    (2024) TaxCorp(LJ) 34723 (ITAT-MUMBAI)

  3. ITAT Mumbai · 30 Dec 2024
    ITAT Mumbai Invalidates Reassessment Notice on Non-Existing Entity Following Supreme Court Precedents

    Carron Investment Private Limited Vs DCIT

    (2024) TaxCorp(LJ) 34722 (ITAT-MUMBAI)

  4. ITAT Jodhpur · 30 Dec 2024
    Bitcoin Gains Recognized as Capital Gains by Jodhpur ITAT Prior to AY 2022-23, Exemption Under Section 54F Allowed

    Raunaq Prakash Jain Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34721 (ITAT-JODHPUR)

  5. ITAT Delhi · 30 Dec 2024
    Delhi ITAT Confirms Non-Taxability of Offshore Business Receipts for Assessee Without PE in India

    Kreuz Challenger Pte Ltd Vs ACIT

    (2024) TaxCorp(LJ) 34720 (ITAT-DELHI) · Section 44BB

  6. ITAT Kolkata · 30 Dec 2024
    Kolkata ITAT Upholds Taxpayer Rights: Allows Foreign Tax Credit Claim Despite Delay in Form Submission

    Rahul Anand Vs ADIT CPC

    (2024) TaxCorp(LJ) 34719 (ITAT-KOLKATA)

  7. ITAT Delhi · 30 Dec 2024
    Tribunal Upholds Revenue's Authority on Penalty under Section 271AAB for Undisclosed Income

    Subhash Tyagi Vs DCIT

    (2024) TaxCorp(LJ) 34718 (ITAT-DELHI) · Section 271AAB

  8. ITAT Delhi · 01 Jan 2025
    ITAT Upholds PCIT Revision of Assessment Order on Taxability of Enhanced Compensation Interest

    Jagjit Singh Kataria Vs Principal CIT

    (2024) TaxCorp(LJ) 34717 (ITAT-DELHI) · Section 56(2)(viii)

  9. ITAT Delhi · 03 Jan 2025
    Demonetized Currency Seizure: SAFEMA Tribunal Confirms Attachment of Seized Cash Following Police Interception

    Nitin Gupta Vs The Initiating Officer DCIT (BPU)

    (2024) TaxCorp(LJ) 34716 (ITAT-DELHI)

  10. ITAT Mumbai · 27 Dec 2024
    Mumbai ITAT Rules in Favor of Assessee, Upholds Indexation Benefit for Shares of Foreign Subsidiary

    Aarav Fragrances and Flavors Private Limited Vs Dy. CIT

    (2024) TaxCorp(LJ) 34715 (ITAT-MUMBAI) · Section 48

  11. ITAT Chennai · 26 Dec 2024
    ITAT Reinstates IDFC Financial Holdings' Advance Tax Liability, Denies Interest Addition under Section 234C

    IDFC Financial Holdings - Co. Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 34714 (ITAT-CHENNAI) · Section 234C

  12. ITAT Hyderabad · 26 Dec 2024
    Debt Write-off: ITAT Hyderabad Upholds Assessee's Right to Deduction Under Income Tax Act

    Nuevosol Energy Private Limited Vs ACIT

    (2024) TaxCorp(LJ) 34713 (ITAT-HYDERABAD)

  13. ITAT Nagpur · 26 Dec 2024
    Nagpur ITAT Recognizes Capital Gains Tax over Business Income for Partner in Dissolved Firm, Allowing Indexed Deduction of Rs 40.09 Lakh

    Deepak Gadge Vs Dy. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34712 (ITAT-NAGPUR)

  14. ITAT Delhi · 25 Dec 2024
    SAFEMA Tribunal Reiterates Requirement of Evidence in Benami Transactions, Dismissing Revenue’s Appeal

    Nibhodh Trading Pvt. Ltd. & Ors Vs DCIT

    (2024) TaxCorp(LJ) 34711 (ITAT-DELHI)

  15. ITAT Ahmedabad · 25 Dec 2024
    Ahmedabad ITAT Overturns CIT(A)’s Ex-Parte Order, Calls for Meritorious Review of Assessee’s Appeal

    Seema Ajay Ranka Vs DCIT

    (2024) TaxCorp(LJ) 34710 (ITAT-AHMEDABAD)

  16. ITAT Mumbai · 26 Dec 2024
    Mumbai ITAT Quashes Revenue Assessment Order for Non-Compliance with Section 144C(1) in Case of Eligible Non-Resident Assessee

    Hasmukh Dipchand Gardi Vs ACIT

    (2024) TaxCorp(LJ) 34709 (ITAT-MUMBAI)

  17. ITAT Mumbai · 26 Dec 2024
    Mumbai ITAT Upholds Assessee's Appeal, Validates Interest Computation under Section 234B, and Overturns Levy of Rs. 1.65 Lakh

    Oasis Landmarks LLP Vs The Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34708 (ITAT-MUMBAI) · Sections 143(1), 234B

  18. ITAT Mumbai · 27 Dec 2024
    ITAT Mumbai Remands Case for Fresh Decision on CSR Deductions Under Section 80G

    Mahyco Monsanto Biotech (India) Private Limited Vs DCIT

    (2024) TaxCorp(LJ) 34707 (ITAT-MUMBAI)

  19. 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)

  20. 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)

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