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Landmark Rulings

Direct Tax landmark rulings

15,784 rulings

  1. ITAT Delhi · 23 Dec 2024
    Delhi ITAT Upholds First Appellate Authority’s Order, Rejects Revenue’s Claims on Incriminating Material in Search Assessment

    DMG Finance Investment Private Limited Vs DCIT

    (2024) TaxCorp(LJ) 34703 (ITAT-DELHI)

  2. ITAT Delhi · 23 Dec 2024
    Delhi ITAT Renders Verdict: Payment to ESG International, USA for Warehousing Charges Beyond the Scope of FTS, No Tax Deduction Required

    Avtec Limited Vs The A.C.I.T

    (2024) TaxCorp(LJ) 34702 (ITAT-DELHI) · Section 195

  3. ITAT Delhi · 23 Dec 2024
    ITAT Reiterates Rights of Assessees Under Section 115BAA in AY 2020-21 Amidst Procedural Compliance Issues

    Indo British Garments Pvt. Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34701 (ITAT-DELHI) · Section 115BAA

  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. ITAT Delhi · 23 Dec 2024
    Delhi ITAT Quashes Assessment Under Section 153C, Revisiting Satisfaction Note Doctrine in Tax Matters

    Renu Singh Vs ACIT

    (2024) TaxCorp(LJ) 34699 (ITAT-DELHI) · Section 153C

  6. ITAT Mumbai · 21 Dec 2024
    Mumbai ITAT Partially Overturns Disallowance Under Section 40(a)(ia) for TDS Non-Deduction on Payments to Maharashtra Government

    Mahaonline Ltd Vs Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34698 (ITAT-MUMBAI) · Section 40(a)(ia)

  7. MP High Court · 21 Dec 2024
    Madras HC Upholds Single Judge's Ruling, Dismissing Revenue's Writ Appeals on Reassessment Notices for AYs 1991-92 and 1992-93 on Grounds of Timeliness

    Sakthi Textiles Ltd Vs The Joint Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34697 (HC-MP)

  8. Bombay High Court · 21 Dec 2024
    HDFC Bank Prevails in Bombay HC: Deduction of Broken Period Interest on Government Securities Affirmed as Revenue Expenditure

    HDFC Bank Ltd Vs The Deputy Commissioner of Income-tax

    (2024) TaxCorp(LJ) 34696 (HC-BOMBAY)

  9. ITAT Mumbai · 18 Dec 2024
    Mumbai ITAT Renders Landmark Decision, Affirming Depreciation Claim on Goodwill Arising from Amalgamation

    Dow Chemical International Private Ltd. Vs DCIT

    (2024) TaxCorp(LJ) 34695 (ITAT-MUMBAI)

  10. ITAT Hyderabad · 18 Dec 2024
    Disallowance of Deduction Under Section 80IA(4) Challenged in ITAT Hyderabad as Unsustainable Following Acquisition

    Lanco Solar (Gujarat) Private Limited Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34694 (ITAT-HYDERABAD)

  11. ITAT Mumbai · 18 Dec 2024
    Legal Victory for Assessee: ITAT Mumbai Declares No Interest Liability on Short Deduction of TDS for Initial Months

    The Great Eastern Shipping Co. Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34693 (ITAT-MUMBAI) · Sections 201(1A), 192

  12. ITAT Mumbai · 18 Dec 2024
    Mumbai ITAT Rules Assessee Not Obligated to Deduct TDS under Section 194A, No Penalty for Non-Deduction Noted

    KD Lite Develpers Pvt Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34692 (ITAT-MUMBAI) · Section 194A

  13. ITAT Kolkata · 18 Dec 2024
    Kolkata ITAT Rules on Title Transfer, Upholds Assessee’s View on Income Computation under Section 56(2)(x)

    Tamal Kundu Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34691 (ITAT-KOLKATA)

  14. ITAT Mumbai · 18 Dec 2024
    Mumbai ITAT Confirms Deduction of Indexed Cost of Interest Amounting to Rs. 3.95 Crores on Borrowed Funds in Long Term Capital Gains Calculation for Property Sale

    Neville Tuli Vs DCIT

    (2024) TaxCorp(LJ) 34690 (ITAT-MUMBAI)

  15. ITAT Mumbai · 16 Dec 2024
    Mumbai ITAT Upholds Assessee's Stand, Dismisses Revenue's Challenge on Rs. 5 Crore Unsecured Loan Disputed under Section 68

    Royal India Corporation Limited Vs DCIT

    (2024) TaxCorp(LJ) 34689 (ITAT-MUMBAI)

  16. ITAT Ahmedabad · 16 Dec 2024
    ITAT Ahmedabad Upholds Disallowance of Share Premium Over FMV Under Section 56(2)(viib)

    Parasmani Gems Pvt Ltd Vs The D.C.I.T.

    (2024) TaxCorp(LJ) 34688 (ITAT-AHMEDABAD)

  17. Delhi High Court · 16 Dec 2024
    Delhi HC Affirms Assessee's Eligibility for DTVSV Benefits Amidst Pending Review Petition

    NRA Iron and Steel Pvt. Ltd. Vs Income tax Department & Ors.

    (2024) TaxCorp(LJ) 34687 (HC-DELHI)

  18. ITAT Mumbai · 16 Dec 2024
    Mumbai ITAT Rules on Reopening of Assessment, Emphasizing Necessity of Tangible Evidence

    The Hongkong and Shangai Banking Corporation Limited Vs The DCIT

    (2024) TaxCorp(LJ) 34686 (ITAT-MUMBAI) · Section 147

  19. Madras High Court · 25 Nov 2024
    Madras HC Reviews Reassessment Proceedings, No Link Established Between Allegations and Assessee

    Spencer and Company Limited Vs The Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34685 (HC-MADRAS)

  20. ITAT Kolkata · 25 Nov 2024
    Denial of Foreign Tax Credit Unsustainable Despite Procedural Delays in Form Submission

    Neetu Agarwal Vs ITO

    (2024) TaxCorp(LJ) 34684 (ITAT-KOLKATA)

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