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Landmark Rulings

Direct Tax landmark rulings

15,789 rulings

  1. ITAT Mumbai · 10 Dec 2024
    Mumbai ITAT Upholds Indian Residency of Assessee, Declares Income Tax Obligation Unassailable under India-US DTAA

    Ashok Kumar Pandey Vs ACIT

    (2024) TaxCorp(LJ) 34568 (ITAT-MUMBAI)

  2. ITAT Cochin · 10 Dec 2024
    Cochin ITAT Upholds Assessee’s Valuation Method for Inventories, Dismisses Revenue's VAT Adjustment Claim

    Arunkumar Puthige Vs The Income Tax Officer

    (2024) TaxCorp(LJ) 34567 (ITAT-COCHIN)

  3. Supreme Court · 05 Oct 2024
    Supreme Court Upholds Delhi High Court Ruling, Dismissing Assessee’s SLP

    Johnson Matthey Public Ltd. Company Vs CIT

    (2024) TaxCorp(LJ) 34566 (SC)

  4. Calcutta High Court · 04 Nov 2024
    Calcutta High Court Upholds Deduction under Section 80IA(4) for Port Infrastructure Development, Affirms Validity of Agreements with Nodal Agencies

    Bothra Shipping Services Private Limited Vs PCIT

    (2024) TaxCorp(LJ) 34565 (HC-CALCUTTA) · Section 80-IA

  5. ITAT Chennai · 04 Nov 2024
    Chennai ITAT Determines Estimated Profits Are Sufficient; Further Disallowances Under Tax Codes Unwarranted

    Shri Irulandi Thevar Vetrivel Vs The ACIT

    (2024) TaxCorp(LJ) 34564 (ITAT-CHENNAI) · Sections 40A(3), 40(a)(ia)

  6. ITAT Chennai · 01 Nov 2024
    Chennai ITAT Invalidates Section 153C Notice for AY 2012-13: Clarity on Incriminating Material Requirement and Receipt Date

    KSJ Infrastructure Pvt. Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 34563 (ITAT-CHENNAI) · Sections 153, 153C

  7. ITAT Bangalore · 01 Nov 2024
    Bangalore ITAT Declares Penalty Imposition under Section 270A Invalid: Revenue Fails to Prove Under-reporting or Mis-reporting of Income

    IIFL Samasta Finance Limited Vs DCIT

    (2024) TaxCorp(LJ) 34562 (ITAT-BANGALORE)

  8. Kerala High Court · 04 Oct 2024
    Kerala HC Upholds Right of Assessees to File Applications for Settlement Under Section 245C Before Finance Act, 2021 Changes

    New Hope Foundation Vs Union of India

    (2024) TaxCorp(LJ) 34561 (HC-KERALA)

  9. Supreme Court · 04 Oct 2024
    Supreme Court Upholds the Mandatory Filing of Revised Returns, Restricting Assessing Officer's Authority

    M/s Shriram Investments Vs The Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34560 (SC)

  10. ITAT Mumbai · 01 Nov 2024
    ITAT Special Bench Rules on Capital Gains Tax: Long-Term Assets Taxed at 20% Rate under Section 112

    SKF India Limited Vs DCIT

    (2024) TaxCorp(LJ) 34559 (ITAT-MUMBAI)

  11. ITAT Mumbai · 03 Oct 2024
    Maharashtra Airports Development Co. Declared as State Entity: ITAT Exempts Interest Income from Taxation

    Maharashtra Airport Development Co. Ltd Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34558 (ITAT-MUMBAI)

  12. Supreme Court · 03 Oct 2024
    Supreme Court Upholds TOLA's Applicability to Income Tax Reassessment Notices

    Rajeev Bansal Vs Union of India & Ors.

    (2024) TaxCorp(LJ) 34557 (SC)

  13. ITAT Mumbai · 01 Oct 2024
    Mumbai ITAT Rules Assessment Order Invalid Due to Lack of Timely Digital Signature

    Bennett Coleman & Co Ltd Vs National Faceless Assessment Centre

    (2024) TaxCorp(LJ) 34556 (ITAT-MUMBAI)

  14. ITAT Ahmedabad · 04 Nov 2024
    Abolishing Revenue's Claim: ITAT Upholds Expenditure as Deductible for Business Operations

    Montecarlo Construction Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34555 (ITAT-AHMEDABAD) · Section 37

  15. Bombay High Court · 04 Nov 2024
    Bombay High Court Upholds Assessee’s Rights, Overturns Commissioner’s Rejection of Revision Application

    Bahar Infocons Pvt. Ltd Vs Principal Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34554 (HC-BOMBAY)

  16. Supreme Court · 30 Sep 2024
    Supreme Court Disposes Hundreds of Tax Cases due to CBDT’s Low Tax Effect Circular

    GBL Power Limited Vs The Commissioner of Income Tax-5

    (2024) TaxCorp(LJ) 34553 (SC)

  17. Supreme Court · 30 Sep 2024
    Supreme Court Directs Immediate Withdrawal of Excess Surcharge; Addresses Systematic Errors in Revenue Calculations

    Sunil Bakht Vs Asst. Director of Income Tax

    (2024) TaxCorp(LJ) 34552 (SC)

  18. Gauhati High Court · 28 Sep 2024
    Gauhati High Court Overturns ITAT Ruling on Section 14A Disallowance of Exempt Income, Upholding Legislative Intent

    Williamson Financial Services Limited Vs CIT

    (2024) TaxCorp(LJ) 34551 (HC-GAUHATI) · Section 14A

  19. Karnataka High Court · 28 Sep 2024
    Karnataka High Court Upholds ITAT Ruling, Finds No Substantial Question of Law Regarding Business Loss from Sale of Shares

    Jupiter Enterainment Ventures (P) Ltd Vs PR. Commissioner of Income Tax-4

    (2024) TaxCorp(LJ) 34550 (HC-KARNATKATA)

  20. Chhattisgarh High Court · 28 Sep 2024
    Chhattisgarh HC Upholds State University's Appeal, Overturns CIT(E) Rejection of Registration Under Section 10(23C)

    Shaheed Nand Kumar Patel Vishwavidyalaya Vs Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34549 (HC-CHHATTISGARH)

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