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Landmark Rulings

Direct Tax landmark rulings

15,789 rulings

  1. ITAT Mumbai · 07 Jun 2024
    Mumbai ITAT Allows Admission of Additional Evidence to Establish Identity, Creditworthiness, and Genuineness of Transactions in Section 68 Addition Case

    OM SHANTI REALTORS VERSUS INCOME TAX OFFICER WARD-20 (2) (3) , MUMBAI

    (2024) TaxCorp(LJ) 34060 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=111905&Category=ITAT&CategoryType=Zip

  2. ITAT Indore · 07 Jun 2024
    Indore ITAT Upholds PCIT's Revision Order Under Section 263 Due to Lack of Inquiry by AO on Allowability of Provisions and Capital Expenditure

    M/S JILA SAHAKARI BANK MARYADIT, KHARGONE VERSUS PRINCIPAL CIT-2, INDORE

    (2024) TaxCorp(LJ) 34059 (ITAT-INDORE) · https://taxcorp.in/FileOpenDT.aspx?ID=111906&Category=ITAT&CategoryType=Zip

  3. Delhi High Court · 07 Jun 2024
    Delhi High Court Quashes Reassessment Proceedings Initiated Against Assessee for Failure to Address Objections Regarding Taxability of Income and Permanent Establishment Under India-Japan DTAA

    COMPONENTSOURCE COMPANY LTD VERSUS ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE INT TAX 1 (2) (1), NEW DELHI

    (2024) TaxCorp(LJ) 34057 (HC-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=92629&Category=Judgment&CategoryType=Zip

  4. HP High Court · 06 Jun 2024
    Himachal Pradesh HC: No Section 56(2)(viib) Implications on Loan Conversion to Equity, Assessee's Choice of Valuation Method Prevails

    I A Hydro Energy (P) Limited Vs Pr. Commissioner of Income Tax-1

    (2024) TaxCorp(LJ) 34056 (HC-HP) · Section 56(2)(viib)

  5. Allahabad High Court · 06 Jun 2024
    Allahabad HC Upholds Summons Under Benami Act, Affirms Special Court's Jurisdiction and Scope of Inquiry Under Section 202 Cr.P.C.

    Sandeep Miglani Vs Union Of India

    (2024) TaxCorp(LJ) 34055 (HC-ALLAHABAD) · Section 202

  6. ITAT Mumbai · 06 Jun 2024
    Taxpayer Acquitted of Non-Compliance Charges: Court Emphasizes Need for Wilful Default

    Sushila Vs Pr.Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34054 (ITAT-MUMBAI) · Section 142

  7. ITAT Mumbai · 06 Jun 2024
    Mumbai ITAT Deletes Section 234B Interest in Absence of Income Variation in Reassessment or Outstanding Demand

    Tata Chemicals Limited Vs Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34053 (ITAT-MUMBAI) · Section 234B

  8. Gauhati High Court · 30 May 2024
    Gauhati HC Directs Income Tax Department to Adhere to Faceless Assessment Scheme for Issuing Notices under Section 148

    RAM NARAYAN SAH VERSUS THE UNION OF INDIA, THE PRINCIPAL COMMISSIONER OF INCOME TAX MEGHALAYA, THE INCOME TAX OFFICER WARD-1, ASSAM

    (2024) TaxCorp(LJ) 34049 (HC-GAUHATI) · https://taxcorp.in/FileOpenDT.aspx?ID=92627&Category=Judgment&CategoryType=Zip

  9. HP High Court · 06 Jun 2024
    Himachal Pradesh HC Upholds ITAT and CIT(A) Orders, Rejects Revenue's Appeal on Section 56(2)(viib) Applicability

    PR. COMMISSIONER OF INCOME TAX-1, CHANDIGARH VERSUS M/S. I.A. HYDRO ENERGY (P) LIMITED

    (2024) TaxCorp(LJ) 34047 (HC-HP) · https://taxcorp.in/FileOpenDT.aspx?ID=92628&Category=Judgment&CategoryType=Zip

  10. ITAT Bangalore · 05 Jun 2024
    Bangalore ITAT Condones 1351-Day Delay in Filing Appeal, Upholds Assessee's Bona Fide Belief in Scrutiny Assessment

    McAfee Software (India) Pvt. Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34046 (ITAT-BANGALORE) · Section 143(1)

  11. ITAT Bangalore · 05 Jun 2024
    Bangalore ITAT Quashes Section 271(1)(c) Penalty, Upholds Assessee's Bona Fide Intent in MAP-Driven Revised Returns and Voluntary Tax Payment

    Mitsubishi Heavy Industries – VST Diesel Engines Pvt. Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 34045 (ITAT-BANGALORE) · Section 271(1)(c)

  12. P&H High Court · 05 Jun 2024
    Punjab & Haryana HC Nullifies Tax Recovery Auction Proceedings Based on Set Aside Ex-Parte ITAT Order

    Gokal Chand Rattan Chand Vs Union of India and others

    (2024) TaxCorp(LJ) 34044 (HC-P&H)

  13. Delhi High Court · 05 Jun 2024
    Delhi High Court Upholds ITAT's Deletion of Disallowance of Provision for Unsettled Claims and Determination of IBNR Claims Reserve

    PRINCIPAL COMMISSIONER OF INCOME TAX-1 VERSUS M/S. CARE HEALTH INSURANCE LIMITED (EARLIER KNOWN AS M/S. RELIGARE HEALTH INSURANCE CO. LTD.)

    (2024) TaxCorp(LJ) 34039 (HC-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=92622&Category=Judgment&CategoryType=Zip

  14. Allahabad High Court · 05 Jun 2024
    Allahabad High Court Resolves Issue of Uploading Revised Return Under Section 170-A Following Business Reorganization

    RIMJHIM ISPAT LIMITED VERSUS PRINCIPAL COMMISSIONER OF INCOME TAX AND 4 OTHERS

    (2024) TaxCorp(LJ) 34038 (HC-ALLAHABAD) · https://taxcorp.in/FileOpenDT.aspx?ID=92623&Category=Judgment&CategoryType=Zip

  15. Delhi High Court · 04 Jun 2024
    Delhi HC Upholds Deductibility of Provisions for Unsettled Outstanding and IBNR Claims, Dismisses Revenue's Appeal

    Care Health Insurance Limited Vs Principal Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34036 (HC-DELHI) · Section 37

  16. Delhi High Court · 04 Jun 2024
    Delhi HC Dismisses Lava International's Writ Petition Challenging CBDT's Denial of Condonation of Delay, Emphasizes Compliance with Statutory Timeframes

    Lava International Limited Vs Central Board of Direct Taxes & Anr.

    (2024) TaxCorp(LJ) 34035 (HC-DELHI)

  17. ITAT Delhi · 04 Jun 2024
    Delhi ITAT Invalidates Assessments Concluded Without Mandatory Section 153D Approval, Allows Appeal with Caveat for AO to Produce Evidence

    Emaar MGF Land Limited Vs ACIT

    (2024) TaxCorp(LJ) 34034 (ITAT-DELHI)

  18. Delhi High Court · 04 Jun 2024
    Delhi HC Upholds 15% Deduction Under Section 11(1) for Donations to Other Charitable Institutions, Clarifies Scope of Section 11(3)

    Jamnalal Bajaj Foundation Vs Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34033 (HC-DELHI) · Section 11(1)

  19. Delhi High Court · 03 Jun 2024
    Vagueness in Show Cause Notice Costs Revenue: Delhi HC Quashes Penalty Proceedings

    GE Capital Us Holdings Inc Vs DCIT

    (2024) TaxCorp(LJ) 34026 (HC-DELHI) · Section 270A

  20. Delhi High Court · 03 Jun 2024
    House Property Loss Set-Off Limitation Upheld: Delhi HC

    Sanjeev Goyal Vs UNION OF INDIA

    (2024) TaxCorp(LJ) 34025 (HC-DELHI) · Section 31, 71(3A)

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