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Landmark Rulings

Direct Tax landmark rulings

15,843 rulings

  1. ITAT Bangalore · 03 Aug 2021
    Section 49 deals with the cost with reference to certain modes of acquisition.

    SHRI BINDIGANAVALE RAVI VERSUS THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 5 (2) (1), BENGALURU.

    (2021) TaxCorp(LJ) 26973 (ITAT-BANGALORE) · https://taxcorp.in/FileOpenDT.aspx?ID=91056&Category=ITAT&CategoryType=Zip

  2. ITAT Delhi · 03 Aug 2021
    As only extra fee of ₹ 1,500/- was charged and that too was for examination fee. In such circumstances, it cannot be said that any capitation fee has been charged from the students.

    DCIT, EXEMPTION CIRCLE, GHAZIABAD VERSUS MAJOR SHIV DAYAL SINGH CHIKITSA TRUST

    (2021) TaxCorp(LJ) 26972 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=91059&Category=ITAT&CategoryType=Zip

  3. ITAT Delhi · 30 Jul 2021
    Claim of the deduction of dividend distribution tax made by the assessee is rejected.

    METROPOLIS HEALTHCARE LTD. VERSUS DCIT, CIRCLE-16 (2) NEW DELHI

    (2021) TaxCorp(LJ) 26963 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=90972&Category=ITAT&CategoryType=Zip

  4. ITAT Delhi · 30 Jul 2021
    The late fee levied by the AO u/s 200A read with section 234E as the defaults are prior to 01.06.2015, is not sustainable in the eyes of law, hence fee levied u/s 234E is ordered to be deleted.

    SUB DIVISIONAL OFFICE VERSUS ITO, TDS KARNAL

    (2021) TaxCorp(LJ) 26962 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=90976&Category=ITAT&CategoryType=Zip

  5. ITAT Mumbai · 30 Jul 2021
    Any disallowance in the impugned assessment year would be prejudicial to the assessee, as, it would amount to double disallowance of the same amount. Thus we allow assessee's claim of loss.

    VVF (INDIA) LTD. VERSUS ACIT- CIRCLE (3) (2), MUMBAI

    (2021) TaxCorp(LJ) 26961 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=90977&Category=ITAT&CategoryType=Zip

  6. ITAT Delhi · 30 Jul 2021
    No infirmity in the order of the ld. CIT (Appeals) in giving direction to the Assessing Officer for issuing notices under Section 151 of the Act.

    MANOJ KUMAR JAIN, C/O. M/S. KAPIL GOEL ASSOCIATES VERSUS DCIT, CENTRAL CIRCLE, GHAZIABAD.

    (2021) TaxCorp(LJ) 26960 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=90980&Category=ITAT&CategoryType=Zip

  7. ITAT Pune · 30 Jul 2021
    There is no scope for any guess work or surmises or any hypothetical situation for imposing penalty u/s.271(1)(c).

    THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, AURANGABAD VERSUS M/S. BG LI IN ELECTRICALS LTD., M/S. BMR HVAC LTD.

    (2021) TaxCorp(LJ) 26959 (ITAT-PUNE) · https://taxcorp.in/FileOpenDT.aspx?ID=90983&Category=ITAT&CategoryType=Zip

  8. ITAT Bangalore · 30 Jul 2021
    The provisions of section 194LA of the Act would apply only in the case of a compulsory acquisition and not to a case where lands were surrendered by land owners under section 14B of KTCP Act.

    CHIEF ACCOUNTS OFFICER, BRUHAT BENGALURU MAHANAGARA PALIKE (BBMP) VERSUS INCOME-TAX OFFICER (TDS) , WARD - 1 (1), BENGALURU

    (2021) TaxCorp(LJ) 26958 (ITAT-BANGALORE) · https://taxcorp.in/FileOpenDT.aspx?ID=90986&Category=ITAT&CategoryType=Zip

  9. Bombay High Court · 29 Jul 2021
    Since petitioner has fulfilled the condition of deposit of 20% of amount for staying the effect and operation of order of demand. Therefore, the attached property should be released from attachment.

    VIKALP PROJECTS PVT. LTD. VERSUS THE TAX RECOVERY OFFICER-5, MUMBAI & ORS.

    (2021) TaxCorp(LJ) 26957 (HC-BOMBAY) · https://taxcorp.in/FileOpenDT.aspx?ID=85246&Category=Judgment&CategoryType=Zip

  10. ITAT Bangalore · 29 Jul 2021
    There is a sufficient and reasonable cause for not deducting TDS on the year-end provision.

    BIOCON LTD. VERSUS THE INCOME-TAX OFFICER (TDS) , LTU, BENGALURU.

    (2021) TaxCorp(LJ) 26956 (ITAT-BANGALORE) · https://taxcorp.in/FileOpenDT.aspx?ID=90939&Category=ITAT&CategoryType=Zip

  11. ITAT Mumbai · 29 Jul 2021
    Provisions of Sec. 271AAA of the Act are applicable for the cases where the search has been initiated or after 01.06.2007 but before 01.07.2012.

    RAMESH KUMAR JAIN VERSUS ACIT CEN CIR, 1 (2), MUMBAI

    (2021) TaxCorp(LJ) 26955 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=90944&Category=ITAT&CategoryType=Zip

  12. ITAT Bangalore · 29 Jul 2021
    Consideration received by the assessee for sale of software cannot be treated as royalty under the provision of section 9(1)(vi) of the Act as well as Article 12 of the India-Sweden DTAA

    M/S. QLIKTECH INTERNATIONAL AB, C/O. QLIKTECH INDIA PVT. LTD. VERSUS THE DEPUTY COMMISSIONER OF INCOME TAX, INTERNATIONAL TAXATION, CIRCLE – 2 (2), BENGALURU.

    (2021) TaxCorp(LJ) 26954 (ITAT-BANGALORE) · https://taxcorp.in/FileOpenDT.aspx?ID=90945&Category=ITAT&CategoryType=Zip

  13. ITAT Ahmedabad · 28 Jul 2021
    There is no provision under the law for making the assessment on protective basis.

    PRAVINKUMAR VALJIBHAI PUJARA HUF VERSUS I.T.O, WARD-2, PATAN.

    (2021) TaxCorp(LJ) 26951 (ITAT-AHMEDABAD) · https://taxcorp.in/FileOpenDT.aspx?ID=90920&Category=ITAT&CategoryType=Zip

  14. ITAT Mumbai · 28 Jul 2021
    Since SRSIPL is not a PE of the assessee, the profits earned from re insurance business cannot be brought to tax in India in terms of Article 7 of India Switzerland DTAA.

    SWISS REINSURANCE COMPANY LTD VERSUS DEPUTY COMMISSIONER OF INCOME-TAX (INTERNATIONAL TAXATION) -RANGE 4 (2) (2), MUMBAI

    (2021) TaxCorp(LJ) 26950 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=90925&Category=ITAT&CategoryType=Zip

  15. ITAT Delhi · 28 Jul 2021
    Disallowance of interest expense on loan taken for purposes of business and against which interest income has been earned and offered to tax is unwarranted and the same qualifies to be allowed u/s.36(1)(iii)/S.37(l).

    MASON INFRASTRUCTURE PVT. LTD. VERSUS DCIT, CIRCLE 16 (2) NEW DELHI.

    (2021) TaxCorp(LJ) 26949 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=90927&Category=ITAT&CategoryType=Zip

  16. Karnataka High Court · 28 Jul 2021
    There is no original assessment order in the case of the assessee and it was only an intimation under Section 143(1)of the Act, which cannot be treated to be an order.

    M/S. THE KARNATAKA STATE CO-OPERATIVE APEX BANK LIMITED VERSUS THE DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 3 (1), BANGALORE

    (2021) TaxCorp(LJ) 26948 (HC-KARNATKATA) · https://taxcorp.in/FileOpenDT.aspx?ID=85236&Category=Judgment&CategoryType=Zip

  17. ITAT Ahmedabad · 26 Jul 2021
    The assessment order was passed on 30.6.2017, and the clause, on the strength of which this reference was made to the TPO, stand omitted w.e.f. 1.4.2017. Therefore, no proceedings under section 263 should have been undertaken by the ld. Commissioner.

    SHRI ASHISH SUBODCHANDRA SHAH VERSUS PR. CIT-3, AHMEDABAD

    (2021) TaxCorp(LJ) 26939 (ITAT-AHMEDABAD) · https://taxcorp.in/FileOpenDT.aspx?ID=90892&Category=ITAT&CategoryType=Zip

  18. ITAT Delhi · 26 Jul 2021
    The assessment order is bad for invoking the jurisdiction u/s. 153C without proper satisfaction and also for not passing the draft assessment order as required u/s. 144C.

    DCIT, CENTRAL CIRCLE-19, NEW DELHI VERSUS NEWBURY OIL COMPANY LTD.

    (2021) TaxCorp(LJ) 26938 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=90897&Category=ITAT&CategoryType=Zip

  19. ITAT Delhi · 26 Jul 2021
    Sale proceeds are to be received in convertible foreign exchange in India for being eligible to be considered for the purposes of claiming deduction under section 10 A.

    M/S TECNOTREE CONVERGENCE LTD. VERSUS THE INCOME-TAX OFFICER, WARD-16 (2) , NEW DELHI.

    (2021) TaxCorp(LJ) 26937 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=90901&Category=ITAT&CategoryType=Zip

  20. Madras High Court · 26 Jul 2021
    Even based on the available materials, if the competent authority could able to identify any under-assessment, then also power under Section 147 shall be invoked by the competent authority.

    M/S. THAMBBI MODERN SPINNING MILLS LTD. VERSUS THE COMMISSIONER OF INCOME TAX, THE ASSISTANT COMMISSIONER OF INCOME TAXTHE DEPUTY COMMISSIONER OF INCOME TAX CIRCLE (1), SALEM

    (2021) TaxCorp(LJ) 26936 (HC-MADRAS) · https://taxcorp.in/FileOpenDT.aspx?ID=85216&Category=Judgment&CategoryType=Zip

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