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Landmark Rulings

Direct Tax landmark rulings

15,755 rulings

  1. ITAT Mumbai · 21 May 2026
    Mumbai ITAT Validates Reassessment and Addition of Unexplained Cash Deposits under Section 69A for Lack of Corroborative Evidence; Electronic Service of Notice Upheld

    Naseer Ahamed Vs The Assessing Officer

    (2026) TaxCorp(LJ) 38000 (ITAT-MUMBAI) · Section 69A

  2. ITAT Delhi · 21 Apr 2026
    Delhi ITAT Quashes Section 69A Addition: Retraction of Statement and Absence of Incriminating Material Sinks Revenue’s Case

    Sanjay Goel Vs ACIT

    (2026) TaxCorp(LJ) 37999 (ITAT-DELHI) · Section 69A

  3. ITAT Delhi · 21 Apr 2026
    Delhi ITAT Remands Matter for Fresh Determination of Residential Status Due to Incomplete Evidence on Tie-Breaker Rule in US Citizen’s Tax Case

    Vishal K Wanchoo Vs ITO

    (2026) TaxCorp(LJ) 37998 (ITAT-DELHI)

  4. ITAT Chennai · 21 Apr 2026
    Chennai ITAT Directs AO to Re-examine Taxability of PSLC Sale Income, Invoking Capital Receipt Principles and Judicial Precedents

    City Union Bank Vs The Assistant Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37997 (ITAT-CHENNAI)

  5. ITAT Chandigarh · 21 Apr 2026
    Chandigarh ITAT Orders Grant of Section 12A Registration to Play School, Recognizes Pre-Primary Activities as "Education" Under Section 2(15) in Light of NEP 2020

    The Indian Institute of Model Education Society Vs The CIT(E)

    (2026) TaxCorp(LJ) 37996 (ITAT-CHANDIGARH) · Section 2(15)

  6. ITAT Delhi · 21 Apr 2026
    Delhi ITAT Upholds PCIT's Revisional Power under Section 263 Against Amazon Retail India Pvt Ltd for Lack of AO Inquiry in Scrutiny Assessment

    Amazon Retail India Private Limited Vs Principal Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37995 (ITAT-DELHI) · Section 263

  7. ITAT Rajkot · 21 Apr 2026
    Rajkot ITAT Invalidates Reassessment for Lack of Proper Digital or Manual Approval under Section 151—Unsigned Sanction Renders Section 148 Notice Void

    Padmini Kalpesh Bavishi Vs ITO

    (2026) TaxCorp(LJ) 37994 (ITAT-RAJKOT)

  8. ITAT Rajkot · 21 Apr 2026
    Rajkot ITAT Nullifies Reassessment Under Section 147: Absence of Tangible Evidence and Lack of Nexus in Alleged Penny Stock Gains Leads to Quashing of Proceedings

    Maheshbhai P. Balchandani Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37993 (ITAT-RAJKOT)

  9. ITAT Chennai · 21 Apr 2026
    Chennai ITAT Rules that Belated Submission of Form 10CCB Does Not Invalidate Section 80-IC Deduction When Audit Report Pre-exists and Is Subsequently Furnished

    Pool Thevar Marimuthu Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37992 (ITAT-CHENNAI)

  10. ITAT Delhi · 21 Apr 2026
    Delhi ITAT Confirms Section 68 Addition for Bogus Share Capital: Mechanical Documentation and Failure to Produce Investors Fatal to Assessee’s Case

    Transnational Growth Fund Ltd Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37991 (ITAT-DELHI) · Section 68

  11. ITAT Kolkata · 21 Apr 2026
    Kolkata ITAT Quashes Section 68 Addition on Share Capital: Upholds Assessee’s Documentary Proof Over Revenue’s Suspicions

    Binapani Sales Private Limited Vs ITO

    (2026) TaxCorp(LJ) 37990 (ITAT-KOLKATA) · Section 68

  12. Delhi High Court · 21 Apr 2026
    Delhi High Court Upholds Allowability of Interest on Loans Raised for Repayment of Statutory and Business Liabilities; AO Barred from Questioning Commercial Wisdom

    EBONY RETAIL HOLDINGS LTD Vs PCIT

    (2026) TaxCorp(LJ) 37989 (HC-DELHI)

  13. Chhattisgarh High Court · 21 Apr 2026
    Chhattisgarh High Court Quashes Section 143(1)(a) Adjustment on Debatable Employees’ Contribution Deduction Issue, Citing Pending Supreme Court Adjudication

    Varsha Construction Vs Assistant Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37988 (HC-CHHATTISGARH) · Section 143(1)(a)

  14. Gujarat High Court · 21 Apr 2026
    Gujarat High Court Invalidates Section 148 Reassessment Notice for AY 2015-16 as Limitation Period Exceeded; Search Year Included within 10-Year Block

    West India Infratech Private Limited Vs ACIT

    (2026) TaxCorp(LJ) 37987 (HC-GUJARAT) · Sections 148, 153A

  15. ITAT Delhi · 21 Apr 2026
    Delhi ITAT Invalidates Section 153C Notice and Assessment for Four-Year Delay; Confirms Primacy of 153C over 147 Proceedings

    Gurmukh Das Vs ACIT

    (2026) TaxCorp(LJ) 37986 (ITAT-DELHI) · Sections 147, 153C

  16. ITAT Delhi · 21 Apr 2026
    Delhi ITAT Upholds Denial of Sections 11 & 12 Benefits, Taxing Full Rs 23.59 Cr. Donations in Charity’s Hands Amidst FIIT-JEE Fund Routing Scheme

    Commitment Morality Vision Education Society Vs ACIT

    (2026) TaxCorp(LJ) 37985 (ITAT-DELHI)

  17. ITAT Delhi · 21 May 2026
    Delhi ITAT Upholds Restriction of Section 10A Deduction for Multiple STPI Units of HCL Technologies; Permits ESOP Expense Deduction in Year of Exercise

    HCL Technologies Limited Vs Asst. Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37984 (ITAT-DELHI) · Section 10A

  18. Bombay High Court · 17 Apr 2026
    Bombay High Court Invalidates Notices under Section 153C for Inordinate Delay in Recording Satisfaction Post Search Assessment

    Nippon Life India Asset Management Limited Vs Deputy Commissioner Income-tax

    (2026) TaxCorp(LJ) 37983 (HC-BOMBAY) · Section 153C

  19. ITAT Chennai · 17 Apr 2026
    ITAT Chennai Quashes Penalty for Concealment Where Income Was Voluntarily Disclosed in Return Filed Pursuant to Section 148 Notice

    Mangadu Natarajan Balasundharam Vs The Income Tax Officer

    (2026) TaxCorp(LJ) 37982 (ITAT-CHENNAI) · Section 148

  20. ITAT Rajkot · 17 Apr 2026
    Rajkot ITAT Nullifies Addition for Alleged On-Money Based Solely on Third-Party Excel Sheet Lacking Direct Link and Cross-Examination Opportunity

    RC Heights Pvt. Ltd Vs The DCIT, ACIT

    (2026) TaxCorp(LJ) 37981 (ITAT-RAJKOT)

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