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Landmark Rulings

Direct Tax landmark rulings

15,755 rulings

  1. ITAT Ahmedabad · 28 Apr 2026
    Ahmedabad ITAT Restores Charitable Trust’s Registration and Section 80G Approval Applications, Recognizes Procedural Confusion Post-2021 Amendments as Valid Cause for Delay

    Navsarjan Education Trust Vs The Dy.CIT

    (2026) TaxCorp(LJ) 38040 (ITAT-AHMEDABAD) · Section 12A

  2. ITAT Rajkot · 28 Apr 2026
    Rajkot ITAT Holds Section 87A Rebate Allowable on STCG Taxed Under Section 111A Where Total Income Below Rs. 7 Lakh—Automated CPC Disallowance Set Aside

    Jignesh Harjivanbhai Chikani Vs The Income Tax Officer

    (2026) TaxCorp(LJ) 38039 (ITAT-RAJKOT) · Section 87A

  3. Madras High Court · 28 Apr 2026
    Madras High Court Upholds Depreciation Claim on Film Lease-Back; Dismisses Revenue’s Appeal Alleging Colourable Device

    Vijay Shanthi Builders Ltd Vs Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38038 (HC-MADRAS)

  4. Bombay High Court · 28 Apr 2026
    Bombay High Court Overturns CIT(E) Rejection, Rules Delay in Filing Form 10 for Section 11 Exemption Must Be Condoned When No Mala Fide Intent Proven

    Bombay Prathana Samaj Vs The Union of India and Ors.

    (2026) TaxCorp(LJ) 38037 (HC-BOMBAY)

  5. Kerala High Court · 28 Apr 2026
    Kerala High Court Asserts Strict Adherence to CBDT Circulars: No Condonation Beyond Five Years for ITR Delay under Section 119(2)(b); Rejection of Assessee’s Refund Claim for AY 2018-19 Upheld

    SURESH VELU ELLATHUKALATHIL Vs PCIT

    (2026) TaxCorp(LJ) 38036 (HC-KERALA) · Section 119(2)(b)

  6. Delhi High Court · 28 Apr 2026
    Delhi High Court Overturns Rs. 2.85 Crore Section 69C Addition: Orders Fresh Hearing After AO’s Failure to Consider Co-Owner’s Financial Contribution

    Puneet Kanodia Vs National Faceless Assessment Centre Newdelhi & Anr.

    (2026) TaxCorp(LJ) 38035 (HC-DELHI)

  7. Calcutta High Court · 28 Apr 2026
    Calcutta High Court Rules Sales Tax Remission Subsidy under West Bengal Incentive Scheme as Capital Receipt, Excludes It from Book Profits under Section 115JB

    GRAPHITE INDIA LTD Vs CIT

    (2026) TaxCorp(LJ) 38034 (HC-CALCUTTA) · Section 115JB

  8. ITAT Mumbai · 28 Apr 2026
    Mumbai ITAT Mandates Taxation of Notional Rent on Vacant Unsold Flats Held as Stock-in-Trade Under House Property Income

    Haware Engineers and Builders Pvt. Ltd Vs Assistant Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38033 (ITAT-MUMBAI)

  9. Madras High Court · 28 Apr 2026
    Madras High Court Affirms: Capital Gains from Sale of Business Assets Must Flow Through Profit & Loss Account for MAT Computation under Section 115JB

    PVP Corporate Parks Pvt Ltd Vs The Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38032 (HC-MADRAS)

  10. Bombay High Court · 28 Apr 2026
    Bombay High Court Quashes Tax Demands Against Capgemini Technology Services India Ltd; Orders Can’t Be Enforced Without Valid Service and Availability of Underlying Orders

    Capegemini Technology Services India Ltd Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38031 (HC-BOMBAY)

  11. ITAT Mumbai · 28 Apr 2026
    Mumbai ITAT Denies Section 14A Disallowance on Interest Earned by BNP Paribas SA Head Office from Indian Branch, Citing Mutuality Doctrine

    BNP Paribas SA Vs DY.C.I.T.(IT)-1(3)(1)

    (2026) TaxCorp(LJ) 38030 (ITAT-MUMBAI) · Section 14A

  12. ITAT Mumbai · 28 Apr 2026
    Mumbai ITAT Rules Date of MOU as Relevant for Section 50C Valuation; Clarifies Section 54 Deduction Timelines in Delayed Property Transfers

    Vijay Krishnaji Sawant Vs Income Tax Officer

    (2026) TaxCorp(LJ) 38029 (ITAT-MUMBAI) · Sections 50C, 54

  13. ITAT Delhi · 28 Apr 2026
    Delhi ITAT Quashes Section 68 Addition on Share Premium; Finds Investor’s Identity, Creditworthiness, and Transaction Genuineness Proven With No Money Trail Detected

    Bestech Hospitalities Pvt Ltd Vs DCIT

    (2026) TaxCorp(LJ) 38028 (ITAT-DELHI) · Section 68

  14. ITAT Delhi · 28 Apr 2026
    Delhi ITAT Upholds Set-off of Short-Term Capital Loss on CCDs Against LTCG from Property Sale—Rejects Colourable Device Allegations Amidst Promoter’s Loan Guarantee Crisis

    Subhash Chander Agarwal Vs ITO

    (2026) TaxCorp(LJ) 38027 (ITAT-DELHI)

  15. ITAT Bangalore · 25 Apr 2026
    ITAT Bangalore Holds Prior Denial Not a Bar to Fresh Registration Under Section 12AB; Directs CIT(E) to Re-examine Trust’s Application Afresh

    KCR Foundation Vs CIT

    (2026) TaxCorp(LJ) 38026 (ITAT-BANGALORE) · Section 12AB

  16. ITAT Ahmedabad · 25 Apr 2026
    No Tax on Foreign Company’s Global Income as POEM Not Established in India; Addition of Rs. 2.85 Crore Deleted

    Best Oasis Limited Vs Deputy Commissioner of Income-tax

    (2026) TaxCorp(LJ) 38025 (ITAT-AHMEDABAD)

  17. ITAT Chandigarh · 25 Apr 2026
    Chandigarh ITAT Rules Section 56(2)(x)(c) Inapplicable to Fresh Share Allotment and Leasehold Rights; Discards Unsigned Agreement as Unreliable Evidence

    Torque Pharmaceuticals Pvt. Ltd Vs DCIT

    (2026) TaxCorp(LJ) 38024 (ITAT-CHANDIGARH) · Section 56(2)(x)(c)

  18. ITAT Ahmedabad · 25 Apr 2026
    Ahmedabad ITAT Affirms Capital Gains Tax Treatment on Share Sale, Citing Consistent Investment Intent and CBDT Circular Compliance

    Kutir Navinchandra Patel Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38023 (ITAT-AHMEDABAD)

  19. ITAT Mumbai · 25 Apr 2026
    Mumbai ITAT Affirms Allowability of Actuarially Valued BKY Provisions under Section 37 to Tata Motors Body Solutions Ltd.: Liability Held Ascertained Despite Future Discharge

    Tata Motors Body Solutions Limited Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38022 (ITAT-MUMBAI)

  20. ITAT Mumbai · 25 Apr 2026
    Mumbai ITAT Partially Upholds Section 69A Additions: Cash Gifts from Family Members Partly Accepted Based on ITRs and Bank Records

    Shrenik Manish Mehta Vs ITO

    (2026) TaxCorp(LJ) 38021 (ITAT-MUMBAI)

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