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Landmark Rulings

Direct Tax landmark rulings

15,765 rulings

  1. ITAT Ahmedabad · 03 Apr 2026
    Ahmedabad ITAT Nullifies PCIT's Section 263 Order: Disallowance of CSR and Section 14A Not Permissible for MAT Computation under Section 115JB

    Shalby Ltd Vs Principal Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37910 (ITAT-AHMEDABAD) · Sections 14A, 115JB

  2. ITAT Delhi · 03 Apr 2026
    Delhi ITAT Invalidates Assessment for Non-Issuance of Draft Order Under Section 144C, Citing Violation of Assessee’s Statutory Rights

    Aamby Valley Ltd Vs DCIT

    (2026) TaxCorp(LJ) 37909 (ITAT-DELHI)

  3. ITAT Ahmedabad · 03 Apr 2026
    Ahmedabad ITAT Quashes Penalty for Non-Compliance of Statutory Notices Under Section 272A(1)(d) Amid Bona Fide Conduct and Pending Quantum Proceedings

    Air Wind Green Energy Ltd Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37908 (ITAT-AHMEDABAD)

  4. Gujarat High Court · 30 Mar 2026
    Gujarat High Court Bars Income Tax Reassessment to Revisit AO’s Prior Conclusions Based on Same Facts

    Dignesh Pramukhlal Patel Vs ACIT

    (2026) TaxCorp(LJ) 37907 (HC-GUJARAT)

  5. Gujarat High Court · 30 Mar 2026
    Gujarat High Court Rules Transfer of Self-Generated Trademarks Prior to 2002 Not Taxable as Capital Gains: Zydus Lifesciences Ltd. Case

    Zydus Lifesciences Limited Vs CIT

    (2026) TaxCorp(LJ) 37906 (HC-GUJARAT)

  6. Bombay High Court · 30 Mar 2026
    Bombay High Court Holds Non-Resident’s HSBC Geneva Account Outside Indian Tax Net; Reaffirms Deletion of Rs. 6.13 Cr Addition for AY 2006-07

    Dipendu Bapalal Shah Vs Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37905 (HC-BOMBAY)

  7. ITAT Delhi · 30 Mar 2026
    Delhi ITAT Upholds Denial of Section 44C Deduction on ECB Interest: No Dual Benefit Under DTAA and Domestic Law for Bank of Tokyo-Mitsubishi UFJ Ltd.

    The Bank Of Tokyo-Mitsubishi Ufj Ltd Vs The DCIT

    (2026) TaxCorp(LJ) 37904 (ITAT-DELHI)

  8. ITAT Delhi · 30 Mar 2026
    Delhi ITAT Clarifies Tax Exemption for Non-Residents on Stock Derivative Gains: Article 13(3A) of India-Mauritius DTAA Inapplicable

    Estee India Fund Vs ACIT

    (2026) TaxCorp(LJ) 37903 (ITAT-DELHI)

  9. ITAT Delhi · 30 Mar 2026
    Delhi ITAT Upholds PCIT’s Section 263 Revision: Failure of Both Assessee and AO to Furnish and Examine Details in High Liability-Low Income Scrutiny

    Microteck Infrastructure Private Limited Vs PCIT

    (2026) TaxCorp(LJ) 37902 (ITAT-DELHI)

  10. ITAT Delhi · 30 Mar 2026
    Delhi ITAT Upholds Section 80-IC Deduction for Perfetti Van Melle India: Chewing Gum and Candy Manufacturing at Rudrapur Held Eligible

    Perfetti Van Melle India Pvt. Limited Vs ACIT

    (2026) TaxCorp(LJ) 37901 (ITAT-DELHI) · Section 80-IC

  11. ITAT Delhi · 30 Mar 2026
    Delhi ITAT Invalidates CIT(A)’s Application of Section 79, Directs Correct Priority for Set Off of Brought Forward Business Losses Before Unabsorbed Depreciation

    East Delhi Waste Processing Company Pvt. Ltd Vs DCIT

    (2026) TaxCorp(LJ) 37900 (ITAT-DELHI) · Sections 32(2), 72

  12. ITAT Mumbai · 30 Mar 2026
    Mumbai ITAT Allows Deduction for Group Cost Allocations under Section 37(1); Disallowance of Centralized Support Services Costs Set Aside in Absence of Evidence of Sham or Personal Expenditure

    Regus South Mumbai Business Centre Private Limited Vs DCIT

    (2026) TaxCorp(LJ) 37899 (ITAT-MUMBAI)

  13. ITAT Panaji · 30 Mar 2026
    ITAT Panaji Sets Aside CIT(A) Ex-Parte Order for Lack of Effective Hearing, Orders Fresh Adjudication Under Section 250(6)

    Rajesh Suhas Verenkar Vs Asstt. Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37898 (ITAT-PANAJI)

  14. ITAT Chennai · 30 Mar 2026
    Chennai ITAT Upholds Exemption of Corpus Donations to ICICI Foundation under Section 11(1)(d); Revenue Barred from Changing Stance Amid Admitted Consistency in Later Years

    ICICI Foundation for Inclusive Growth Vs The Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37897 (ITAT-CHENNAI) · Section 11(1)(a)

  15. ITAT Surat · 30 Mar 2026
    Surat ITAT Upholds Section 68 Addition: Cash Deposits During Demonetisation Labeled Unexplained, Rejects Assessee’s Property Purchase Explanation as Unsupported and Against Human Probabilities

    Sumeru Textiles Pvt. Ltd Vs Dy.CIT

    (2026) TaxCorp(LJ) 37896 (ITAT-SURAT) · Section 68

  16. Madras High Court · 30 Mar 2026
    Madras High Court Clarifies: Insurance Premium Paid to LIC Is Deductible Expense, Not a Contingent Liability

    Brahmayya & Co Vs The Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37895 (HC-MADRAS)

  17. ITAT Mumbai · 30 Mar 2026
    No Penalty for Non-disclosure of Foreign Asset in Schedule FA When Asset is Reflected in Audited Balance Sheet and Return

    Adijin Perfumes Private Limited Vs Addl. CIT

    (2026) TaxCorp(LJ) 37894 (ITAT-MUMBAI)

  18. ITAT Chandigarh · 30 Mar 2026
    Chandigarh ITAT Quashes Penalty under Section 271(1)(c) for Debatable Issue on Capitalization of Interest Expenditure

    Osho Forge Ltd Vs The DCIT

    (2026) TaxCorp(LJ) 37893 (ITAT-CHANDIGARH)

  19. ITAT Delhi · 30 Mar 2026
    Delhi ITAT Third Member Recognizes Buy-Back of Shares as Corporate Reorganization, Grants Tax Exemption to Huntsman BV under India-Netherlands DTAA

    Huntsman Investment [Netherlands] BV Vs The A.D.I.T

    (2026) TaxCorp(LJ) 37892 (ITAT-DELHI)

  20. ITAT Hyderabad · 27 May 2026
    Hyderabad ITAT Orders Fresh Adjudication on Section 249(4)(b) Applicability Where No Taxable Income is Reported

    Aneemoni Naga Raju Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37891 (ITAT-HYDERABAD)

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