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Landmark Rulings

Direct Tax landmark rulings

15,789 rulings

  1. ITAT Mumbai · 20 Jun 2024
    Mumbai ITAT Upholds Sec.57 Disallowance for Interest Expenses Against Interest Income on Unrelated Capital Receipts

    Vinod D Chheda Vs ITO

    (2024) TaxCorp(LJ) 34131 (ITAT-MUMBAI) · Section 57

  2. ITAT Delhi · 20 Jun 2024
    Delhi ITAT Rules Section 50C Not Applicable to Leasehold Rights, Following Noida Cyber Park

    Shivdeep Tyagi Vs ITO

    (2024) TaxCorp(LJ) 34130 (ITAT-DELHI) · Section 50C

  3. ITAT Delhi · 20 Jun 2024
    Delhi ITAT Quashes Revision Order on Unexplained Cash Deposit Despite AO's Detailed Inquiry

    Dharam Singh Vs Pr.CIT

    (2024) TaxCorp(LJ) 34129 (ITAT-DELHI)

  4. Bombay High Court · 20 Jun 2024
    Bombay HC Upholds ITAT's Conditional Stay Directing Vodafone India to Deposit 20% of Demand

    Vodafone India Services Pvt. Ltd Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34128 (HC-BOMBAY)

  5. ITAT Ahmedabad · 19 Jun 2024
    Ahmedabad ITAT Upholds Transfer Validity Under Sec 2(47)(v) Despite Lack of Stamp Duty, Following Sanjeev Lal

    Umesh Sumanlal Shah Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34121 (ITAT-AHMEDABAD) · Section 2(47)(v)

  6. ITAT Kolkata · 19 Jun 2024
    Fraudulent Bank Accounts: ITAT Quashes Revision Order, Slams Revenue for Lack of Due Diligence

    Rajesh Kumar Jalan Vs Principal Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34120 (ITAT-KOLKATA) · Section 263

  7. ITAT Chennai · 19 Jun 2024
    Microsoft Utility License Fees Not Taxable as Royalty: Chennai ITAT

    Temenos Headquarters SA Vs DCIT

    (2024) TaxCorp(LJ) 34119 (ITAT-CHENNAI)

  8. P&H High Court · 18 Jun 2024
    Pawn Broker's Failure to Comply with Section 269SS Leads to Penalty under Section 271D

    R. K. Jewellers Vs Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34118 (HC-P&H) · Sections 269SS, 271D

  9. ITAT Bangalore · 18 Jun 2024
    Search and Seizure: ITAT Bangalore Quashes Assessment, Deletes Additions

    Ramachandra Setty & Sons Vs ITO

    (2024) TaxCorp(LJ) 34117 (ITAT-BANGALORE) · Section 153A

  10. Madras High Court · 17 Jun 2024
    HC - Madras HC Treats Sec.148A(d) Order as SCN, Sets Aside Single Judge Order, and Remands Matter with Partial Relief to Assessees.

    Satluj Credit & Holdings Private Limited Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34116 (HC-MADRAS) · Section 148A(d)

  11. Madras High Court · 17 Jun 2024
    Madras HC Dismisses Writ Petition Seeking Arbitrator Appointment for Credit Score Non-Updation Dispute

    V. Ramalingam Vs The Reserve Bank of India

    (2024) TaxCorp(LJ) 34115 (HC-MADRAS)

  12. ITAT Delhi · 15 Jun 2024
    Delhi ITAT Upholds Assessee's Discretion in Choosing Share Valuation Methodology

    Weldon Polymers Pvt. Ltd. Vs DCIT

    (2024) TaxCorp(LJ) 34108 (ITAT-DELHI)

  13. ITAT Chennai · 15 Jun 2024
    Chennai ITAT Deletes Sec.40(a)(i) Disallowance on Overseas Payments sans TDS, Pre-Amendment to Sec.9(2)

    Titan Company Ltd Vs The Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34107 (ITAT-CHENNAI) · Section 40(a)(i)

  14. Delhi High Court · 15 Jun 2024
    Delhi HC Dismisses Writ Challenging Reassessment Notice and Order, Directs Assessee to Pursue Statutory Appeal

    Mudraksh Investfin Pvt. Ltd Vs NATIONALE-ASSESSMENT CENTRE DELHI & ORS

    (2024) TaxCorp(LJ) 34106 (HC-DELHI)

  15. ITAT Amritsar · 15 Jun 2024
    Amritsar ITAT Deletes Sec.43B Addition for Unpaid TCS Not Routed through P&L and Not Claimed as Deduction

    Aay Kay Manufacuring Co. Vs ITO

    (2024) TaxCorp(LJ) 34105 (ITAT-AMRITSAR) · Section 43B

  16. ITAT Mumbai · 15 Jun 2024
    Mumbai ITAT Allows Sec.54 Deduction Considering Date of Possession as Purchase Date

    Prateek Rajendra Kapadia Vs ITO

    (2024) TaxCorp(LJ) 34104 (ITAT-MUMBAI) · Section 54

  17. Forein High Court · 14 Jun 2024
    Foreign Tax Credit Denied: Italian Telecom Company Loses Battle

    Wis Telecom Srl (Case 15) Vs Foreign Court Italy

    (2024) TaxCorp(LJ) 34103 (HC-Forein)

  18. Kerala High Court · 14 Jun 2024
    Kerala HC Sets Aside Single Judge Order, Directs ITAT to Hear Appeal on Merits Despite Delay in Restoration Application

    Cool Mind Technologies Private Limited Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34102 (HC-KERALA)

  19. ITAT Delhi · 14 Jun 2024
    Delhi ITAT Upholds 153A Assessment Validity Based on Assessee's Acceptance of Undisclosed Foreign Bank Account, Deletes Penalty and Additions for Subsequent Years

    Rajinder Kumar Vs ACIT

    (2024) TaxCorp(LJ) 34101 (ITAT-DELHI) · Section 153A

  20. Delhi High Court · 13 Jun 2024
    Delhi High Court Revives Family Feud Suit for Partition and Injunction, Finds Improper Application of Benami Act and Premature Dismissal under CPC

    Neeru Dhir And Ors Vs Kamal Kishore Dhir and Ors

    (2024) TaxCorp(LJ) 34094 (HC-DELHI)

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