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Landmark Rulings

Direct Tax landmark rulings

15,755 rulings

  1. Madras High Court · 25 Apr 2026
    Madras High Court Upholds Trust Registration Cancellation Due to Misuse of Funds, Restricts Retrospective Effect

    Ponnaiyah Ramajeyathammal Educational And Charitable Trust Vs Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38020 (HC-MADRAS)

  2. ITAT Delhi · 25 Apr 2026
    Delhi ITAT (Third Member) Invalidates Mechanical Section 153D Approval by ACIT, Sets Aside Assessment Orders for Lack of Independent Scrutiny

    JBM Auto System Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38019 (ITAT-DELHI) · Section 153D

  3. ITAT Delhi · 25 Apr 2026
    Delhi ITAT Affirms Exemption for Mauritian Entity’s Derivative Gains under Article 13(4) of India-Mauritius DTAA; Distinguishes from Equity Share Transactions

    Em Delta One Vs ACIT

    (2026) TaxCorp(LJ) 38018 (ITAT-DELHI)

  4. ITAT Nagpur · 25 Apr 2026
    Nagpur ITAT Rules Corpus Donations for Community Hall as Non-Taxable Capital Receipt Even Without Section 12AA Registration

    Shree Sant Bhojaji Maharaj Deosthan Ajansara Vs ITO

    (2026) TaxCorp(LJ) 38017 (ITAT-NAGPUR) · Section 12AA

  5. J&K High Court · 25 Apr 2026
    J&K & Ladakh High Court Remands Case for Fresh Consideration Due to Violation of Rule 46A in Admission of Additional Evidence without AO’s Opportunity to Rebut

    Kamraz Rural Bank Vs Pr. Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38016 (HC-J&K)

  6. ITAT Mumbai · 25 Apr 2026
    ITAT Mumbai Quashes ₹32.14 Cr. Addition Against Sunetra Ajit Pawar: Finds No Jurisdiction u/s 153C Due to Lack of Evidentiary Link in Seized Material

    Sunetra Ajit Pawar (Legal Heir of Late Shri Ajit Anantrao Pawar) Vs DCIT

    (2026) TaxCorp(LJ) 38015 (ITAT-MUMBAI) · Section 153C

  7. ITAT Ahmedabad · 25 Apr 2026
    Ahmedabad ITAT Quashes Protective Addition of Rs. 3.41 Cr for Capital Gains on Voided Land Sale Deed Executed through Forgery and Without Consideration

    Suraj Jayantilal Patel L/H of Late Jayantilal Joitaram patel Vs Income Tax Office

    (2026) TaxCorp(LJ) 38014 (ITAT-AHMEDABAD)

  8. ITAT Delhi · 25 Apr 2026
    Delhi ITAT Rules RERA Compensation on Flat Cancellation as Long-Term Capital Gain, Not Income from Other Sources

    Prem Narayan Chaurasia Vs Assistant Commissioner Income Tax

    (2026) TaxCorp(LJ) 38013 (ITAT-DELHI) · Section 56

  9. ITAT Bangalore · 28 Apr 2026
    Bangalore ITAT Upholds Section 54F Exemption for Capital Gains Where Substantial Investment in Residential House Construction is Proven, Rejects Revenue’s Hyper-Technical Objections

    Javaji Naga Darshan Vs The Income Tax Officer

    (2026) TaxCorp(LJ) 38012 (ITAT-BANGALORE) · Section 54

  10. ITAT Hyderabad · 19 May 2026
    Hyderabad ITAT Directs AO to Verify and Grant TDS Credit on ₹121.92 Crore Interest, Reiterates TDS Credit Not Barred by Non-Taxability of Income

    Transmission Corporation of Telangana Ltd Vs Dy.CIT

    (2026) TaxCorp(LJ) 38011 (ITAT-HYDERABAD)

  11. ITAT Mumbai · 19 May 2026
    Mumbai ITAT Rules Salary Reimbursement to UK Entity for Seconded Employees Not FTS: No Withholding Tax Liability under Section 195 Where Employer-Employee Relationship Rests with Indian Entity

    Goldman Sachs International Vs Assistant Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38010 (ITAT-MUMBAI)

  12. ITAT Mumbai · 19 May 2026
    Mumbai ITAT Quashes Section 68 Addition: Cash Deposits from Disclosed Property Sale Upheld as Explained with Confirmatory Evidence

    Hansa Harischandra Thakur Vs ITO

    (2026) TaxCorp(LJ) 38009 (ITAT-MUMBAI) · Section 68

  13. ITAT Delhi · 19 May 2026
    Delhi ITAT Upholds AO’s Power to Reopen Assessment Under Section 147 Despite Availability of Section 153C—Unexplained Cash Credit Addition of Rs. 2.46 Crores Sustained

    Vinosha Trade Pvt. Ltd Vs NFAC

    (2026) TaxCorp(LJ) 38008 (ITAT-DELHI) · Sections 147, 153C

  14. Madras High Court · 21 May 2026
    Madras High Court Clarifies: Replacement of Textile Machinery Constitutes Capital Expenditure if New Asset or Enduring Benefit is Created

    Super Spinning Mills Ltd Vs Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38007 (HC-MADRAS)

  15. Rajasthan High Court · 21 May 2026
    Rajasthan High Court Nullifies Section 153C Reassessment for Lack of Incriminating Material; Rural Agricultural Land Sale Not Taxable as Capital Gains

    Superb Infotech Pvt. Ltd Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38006 (HC-RAJASTHAN) · Section 153C

  16. ITAT Hyderabad · 21 May 2026
    ITAT Hyderabad Rules JDA Not a 'Transfer' Under Section 45: No Capital Gains Tax Triggered in Absence of Consideration or Absolute Possession

    Vasudeva Rao Dhannavada Vs Income Tax Officer

    (2026) TaxCorp(LJ) 38005 (ITAT-HYDERABAD) · Section 45

  17. ITAT Mumbai · 21 May 2026
    Mumbai ITAT Calls for Fresh Inquiry on Section 68 Unsecured Loan: Mandate of 'Source of Source' Not Met by Assessee

    Jumbo Electronics Corporation Pvt. Ltd Vs DCIT-2(2)(1)

    (2026) TaxCorp(LJ) 38004 (ITAT-MUMBAI) · Section 68

  18. ITAT Delhi · 21 May 2026
    Delhi ITAT Confirms Section 54F Exemption for Capital Gains from Sale of Unlisted Shares Utilized for Residential Property Purchase; Co-ownership and Capital Loss Set-off Arguments Rejected

    Ashok Bansal Vs DCIT

    (2026) TaxCorp(LJ) 38003 (ITAT-DELHI) · Section 54F

  19. ITAT Ahmedabad · 21 May 2026
    Ahmedabad ITAT Affirms Legitimacy of Section 144 Best Judgment Assessment Amid Assessee’s Non-Cooperation and Delayed Filing

    Pradipsinh Devendrasinh Gohil Vs The ITO

    (2026) TaxCorp(LJ) 38002 (ITAT-AHMEDABAD) · Section 144

  20. ITAT Mumbai · 21 May 2026
    US-Based Reliance Jio Entity’s Voice Termination Receipts Taxable Only as Business Profits under India-USA DTAA, Not as Royalty or FTS

    Reliance Jio Infocomm USA Inc. Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38001 (ITAT-MUMBAI)

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