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Landmark Rulings

Direct Tax landmark rulings

15,774 rulings

  1. AP High Court · 05 Feb 2026
    Telangana High Court Upholds Denial of Interest Waiver under Sections 234A, 234B, and 234C: Disclosure Not Voluntary, CBDT Circular Conditions Not Met

    Kwatra Builders Vs The Chief Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37488 (HC-AP)

  2. ITAT Mumbai · 05 Feb 2026
    Mumbai ITAT Holds Compensation for Relinquishment of “Savlon” Trademark Rights as Taxable Revenue Receipt—No Bar on Assessee’s Soap Business Post-Termination

    Hindustan Unilever Ltd Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37487 (ITAT-MUMBAI)

  3. ITAT Delhi · 05 Feb 2026
    Delhi ITAT Upholds Denial of Long-Term Capital Loss Carry Forward—Unregistered, Unenforceable Sale Agreement Between Related Parties Fails Legal Test

    Techno Trexim (India) Private Limited Vs ACIT

    (2026) TaxCorp(LJ) 37486 (ITAT-DELHI)

  4. ITAT Mumbai · 05 Feb 2026
    Mumbai ITAT Rules Interest Under Section 234C Cannot Be Levied Where Advance Tax is Debited on Due Date but Credited to Department Later

    Sporta Technologies Private Limited Vs Additional/Joint Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37485 (ITAT-MUMBAI) · Section 234C

  5. ITAT Mumbai · 05 Feb 2026
    Mumbai ITAT Nullifies Assessment for Lack of Proper Jurisdiction: ITO’s Issuance of Notice under Section 143(2) Held Invalid Where Income Exceeds Rs. 30 Lakhs

    Svadeshi Enterprises Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37484 (ITAT-MUMBAI) · Section 143(2)

  6. ITAT Bangalore · 05 Feb 2026
    ITAT Bangalore Remands Black Money Investment Case: Assessee Directed to Furnish Lender Confirmations for Overseas Investments

    Ullal Kojabba Monu Vs The Additional Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37483 (ITAT-BANGALORE)

  7. ITAT Mumbai · 05 Feb 2026
    Mumbai ITAT Rules Loan Write-Back Entry in Partner’s Capital Account Not Taxable Under Section 68: No Fresh Capital Introduced, No Addition Sustainable

    Antara Tushar Motiwala Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37482 (ITAT-MUMBAI) · Section 68

  8. ITAT Delhi · 05 Feb 2026
    Delhi ITAT Recognizes Right Over Allotted Unit as Capital Asset, Permits Long-Term Capital Loss Claim on Transfer by Widow

    Anshu Dhawan Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37481 (ITAT-DELHI)

  9. Bombay High Court · 05 Feb 2026
    Bombay High Court Invalidates Assessment Proceedings Initiated Against Amalgamated Company, Citing Jurisdictional Defect and Non-Compliance with Section 292B

    Paras Defence and Space Technologies Ltd Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37480 (HC-BOMBAY)

  10. Gujarat High Court · 05 Feb 2026
    Gujarat High Court Quashes Section 148 Notice: AO’s Attempt to Bifurcate Assessee’s Disclosed Bad Debt as Escaped Income Held Erroneous

    Guruvayur Infratech Private Limited Vs ACIT

    (2026) TaxCorp(LJ) 37479 (HC-GUJARAT)

  11. Bombay High Court · 03 Feb 2026
    Bombay High Court Sets Aside Reassessment Notice under Section 148 for AY 2014-15: Absence of Tangible Material and No Failure in Disclosure by Assessee

    Shantilal Gulabchand Muttha Vs The Assistant Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37478 (HC-BOMBAY) · Section 148

  12. ITAT Mumbai · 03 Feb 2026
    Mumbai ITAT Declares Assessment Void: Absence of Valid Section 143(2) Notice by Proper AO Renders Proceedings Illegal

    Vinod Ramnath Rao Vs CIT(A)

    (2026) TaxCorp(LJ) 37477 (ITAT-MUMBAI)

  13. Calcutta High Court · 02 Feb 2026
    Calcutta High Court Nullifies TDS Prosecution: Compounding Settlement and Prolonged Delay Render Further Criminal Action an Abuse of Process

    Jyotsana Investments Company Limited Vs R.K.De

    (2026) TaxCorp(LJ) 37476 (HC-CALCUTTA)

  14. ITAT Delhi · 02 Feb 2026
    Delhi ITAT Denies India-Singapore DTAA Benefit to Singapore Shell Company; Capital Gains on Share Transfer Taxable in India Due to Lack of Economic Substance

    Hareon Solar Singapore Pvt. Ltd Vs DCIT

    (2026) TaxCorp(LJ) 37475 (ITAT-DELHI)

  15. ITAT Hyderabad · 02 Feb 2026
    Hyderabad ITAT Upholds Dismissal of Appeal: Statutory Market’s 297-Day Delay Deemed Inexcusable Despite Prior Notice and Participation

    Agricultural Market Committee Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37474 (ITAT-HYDERABAD)

  16. ITAT Delhi · 02 Feb 2026
    Delhi ITAT Rules Contractual Penalty for Delayed Supply is Business Expenditure, Not Disallowable Under Section 37(1)

    AXA Parenterals Limited Vs Assessment Unit, Civic Centre

    (2026) TaxCorp(LJ) 37473 (ITAT-DELHI)

  17. ITAT Delhi · 02 Feb 2026
    Delhi ITAT Affirms Business Income Classification for IT Park Lease and Maintenance Receipts, Citing Essential Operational Services Provided

    Advant IT Park Private Ltd Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37472 (ITAT-DELHI)

  18. ITAT Delhi · 02 Feb 2026
    Delhi ITAT Quashes AO’s Post-DTVSV Rectification: Form-5 Issuance Bars Further Assessment Initiatives Under Section 154

    ICRA Ltd Vs DCIT

    (2026) TaxCorp(LJ) 37471 (ITAT-DELHI) · Section 154

  19. ITAT Delhi · 02 Feb 2026
    Delhi ITAT Rules That Section 56(2)(viib) Cannot Apply to Rural Agricultural Land Not Classified as Capital Asset under Section 2(14); Addition Deleted Based on Tehsildar’s Certificate and Census Data

    Vikas Agarwal Vs ITO

    (2026) TaxCorp(LJ) 37470 (ITAT-DELHI) · Section 56(2)(vii)(b)

  20. Gujarat High Court · 02 Feb 2026
    Gujarat High Court Quashes Reassessment Notice for AY 2015-16: Notice Issued Beyond Statutory Limitation Period Post-Search Proceedings

    Jayantibhai Karamshibhai Maniya Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37469 (HC-GUJARAT)

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