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Landmark Rulings

Direct Tax landmark rulings

15,789 rulings

  1. ITAT Delhi · 31 Aug 2024
    Delhi ITAT Renders Verdict Favoring Assessee, Nullifying Revenue's Addition Under Section 68 Regarding Pre-Demonetisation Cash Sales

    Hari Om Retail Private Ltd Vs ACIT

    (2024) TaxCorp(LJ) 34468 (ITAT-DELHI)

  2. ITAT Chennai · 31 Aug 2024
    Chennai ITAT Overrules Rs. 49.48 Crore Disallowance for IDFC First Bank, Affirms Exemption of Dividend Income Under Section 10(34)

    IDFC First Bank Limited Vs The Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34467 (ITAT-CHENNAI) · Section 14A

  3. ITAT Mumbai · 31 Aug 2024
    Mumbai ITAT Upholds Section 11 Exemption for JD Tata Endowment Trust on Overseas Education Grants, Recognizing Indian Applications of Charitable Funds

    JN Tata Endowment for the Higher Education of Indians Vs ITO (Exemptions)

    (2024) TaxCorp(LJ) 34466 (ITAT-MUMBAI) · Section 11

  4. ITAT Chennai · 31 Aug 2024
    Chennai ITAT Rules in Favor of Hyundai Motors on Non-Taxability of Investment Promotion Subsidy as Capital Receipt

    Hyundai Motor India Limited Vs Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34465 (ITAT-CHENNAI)

  5. ITAT Bangalore · 30 Aug 2024
    Bangalore ITAT Rules Software Sale and Ancillary Services Are Not Taxable as Technical Services Under India-USA DTAA

    Q2 Software Inc Vs DCIT

    (2024) TaxCorp(LJ) 34464 (ITAT-BANGALORE)

  6. Bombay High Court · 29 Aug 2024
    Bombay High Court Quashes Reassessment Notice, Supporting Assessee's Claim of Proper Disclosure in Original Assessment

    The Saraswat Co-operative Bank Limited Vs Assistant Commissioner of Income-tax

    (2024) TaxCorp(LJ) 34463 (HC-BOMBAY)

  7. MP High Court · 29 Aug 2024
    Anticipatory Bail Granted to Assessee by Madhya Pradesh HC in Black Money Act Case

    Sanjay Vijay Shinde Vs Directorate General of Income Tax

    (2024) TaxCorp(LJ) 34462 (HC-MP)

  8. Delhi High Court · 27 Aug 2024
    Landmark Delhi HC Verdict: Mauritius Treaty Benefits Granted in Tiger Global - Flipkart Transaction Following Article 13(3A) of DTAA

    TIGER GLOBAL INTERNATIONAL III HOLDINGS Vs THE AUTHORITY FOR ADVANCE RULINGS (INCOME- TAX) & ORS

    (2024) TaxCorp(LJ) 34461 (HC-DELHI)

  9. Delhi High Court · 27 Aug 2024
    Delhi HC Declares Rectification Action under Section 154 Unlawful Post Settlement under VsV Act; Reiterates Provisions Ensuring Finality of Tax Disputes

    Satish Kumar Dhingra Vs Assistant/Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34460 (HC-DELHI)

  10. Bombay High Court · 27 Aug 2024
    Bombay High Court Upholds Transfer of Assessee's Case to Delhi Under Section 127, Citing Interconnected Transactions and Tax Evasion

    Rajiv Saxena Vs Commissioner Income Tax (IT)-4

    (2024) TaxCorp(LJ) 34459 (HC-BOMBAY) · Section 127

  11. ITAT Kolkata · 27 Aug 2024
    Kolkata ITAT Rules in Favor of Assessee: No Undisclosed Assets or Foreign Income Under Black Money Act, 2015

    Akhilesh Singh Vs Joint Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34458 (ITAT-KOLKATA)

  12. ITAT Mumbai · 27 Aug 2024
    Mumbai ITAT Grants Stay to Indian Hotels Company Limited on Rs. 357.03 Cr Demand, Citing Strong Prima Facie Case and Balance of Convenience

    The Indian Hotels Company Limited Vs Dy. CIT

    (2024) TaxCorp(LJ) 34457 (ITAT-MUMBAI)

  13. ITAT Pune · 26 Aug 2024
    Pune ITAT Allows Simultaneous Deductions Under Sections 54 and 54F, Rejects Revenue's Argument on Timing of Property Purchase

    Ramdas Sitaram Patil Vs ACIT

    (2024) TaxCorp(LJ) 34456 (ITAT-PUNE) · Sections 54, 54F

  14. ITAT Kolkata · 26 Aug 2024
    Kolkata ITAT Upholds Assessee’s Appeal, Rules Rental Income to be Assessed as Income from House Property

    EMC Projects Pvt. Limited Vs Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34455 (ITAT-KOLKATA)

  15. ITAT Mumbai · 26 Aug 2024
    Mumbai ITAT Rules No Interest Under Sections 234B and 234C for Failure to Deduct TDS When Tax Liability is Fully Discharged

    Standard Chartered Bank (Singapore) Limited Vs DCIT

    (2024) TaxCorp(LJ) 34454 (ITAT-MUMBAI) · Sections 234B, 234C

  16. Bombay High Court · 26 Aug 2024
    Bombay High Court Quashes Reassessment Notice Under Section 148, Citing Lack of Material Non-Disclosure by Assessee

    Aashish Niranjan Shah Vs Union of India

    (2024) TaxCorp(LJ) 34453 (HC-BOMBAY)

  17. Supreme Court · 26 Aug 2024
    Supreme Court Upholds Karnataka High Court Ruling on Assessment Validity, Dismissing Revenue's Special Leave Petition in Sunil Kumar Sharma Case

    Sunil Kumar Sharma Vs The Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34452 (SC)

  18. Bombay High Court · 24 Aug 2024
    Bombay HC Dismisses Criminal Charges Against Assessee and Directors for Late TDS Deposit Citing Lack of Procedural Compliance

    Hemant Mahipatray Shah and another Vs Anand Upadhyay and another

    (2024) TaxCorp(LJ) 34451 (HC-BOMBAY) · Sections 2(35), 276B

  19. Delhi High Court · 24 Aug 2024
    Delhi High Court Upholds ITAT Ruling: No Additional Tax on Assessee's Share Capital from Already Taxed Undisclosed Income

    Heritage Beverages Pvt. Ltd Vs Pr. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34450 (HC-DELHI)

  20. Allahabad High Court · 24 Aug 2024
    Allahabad HC Overturns Summoning Order; Insufficient Prima Facie Evidence Noted in Benami Property Case

    Keshav Lal Vs Union Of India

    (2024) TaxCorp(LJ) 34449 (HC-ALLAHABAD)

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