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Landmark Rulings

Direct Tax landmark rulings

15,748 rulings

  1. ITAT Hyderabad · 07 Jul 2026
    Beneficiary’s Claim for Trust Losses Permissible Only After Trust’s Income or Loss is Determined Under Tax Statute; Matter Remanded to AO for Verification

    Indira Kamineni Vs Dy. CIT

    (2026) TaxCorp(LJ) 38304 (ITAT-HYDERABAD)

  2. ITAT Ahmedabad · 07 Jul 2026
    Ahmedabad ITAT Affirms Deductibility of Bad Debts Written Off in Commodity Trading under Section 36(1)(vii) and Recognizes Alternative Business Loss Claim under Section 28

    Hemant Brothers (Firm) Vs ACIT

    (2026) TaxCorp(LJ) 38303 (ITAT-AHMEDABAD)

  3. ITAT Delhi · 07 Jul 2026
    Delhi ITAT Affirms Assessee’s Right to Foreign Tax Credit Despite Delay in Filing Form 67, Holds Rule 128(9) Not Mandatory

    Parag Gupta Vs ITO

    (2026) TaxCorp(LJ) 38302 (ITAT-DELHI)

  4. Madras High Court · 07 Jul 2026
    Madras High Court Clarifies Employer’s TDS Duty: No Fault for Non-Submission of Form 10E by Employees Under VRS Payments; Directs Refund Process Via Fresh Return

    Hosur Bata Employees Union Vs The Income Tax Officer

    (2026) TaxCorp(LJ) 38301 (HC-MADRAS)

  5. Kerala High Court · 08 Jul 2026
    Kerala High Court Affirms Validity of Assessment Order Sans Draft Order for Non-Eligible Assessee; Holds Section 144B/144C Draft Order Mandatory Only for ‘Eligible Assessees’ and Finds No Time Bar

    M/S.NOEL VILLAS AND APARTMENTS Vs THE ACIT

    (2026) TaxCorp(LJ) 38300 (HC-KERALA) · Section 144B

  6. Gujarat High Court · 15 Jul 2026
    Gujarat High Court Holds Reassessment Notice for AY 2015-16 under Section 148 Time-Barred: Distinct Interpretation of ‘Ten-Year Block’ Period Affirmed

    MADHAV POWER PRIVATE LIMITED Vs ACIT

    (2026) TaxCorp(LJ) 38299 (HC-GUJARAT) · Sections 148, 153A

  7. ITAT Mumbai · 15 Jul 2026
    ITAT Mumbai Quashes Bogus Purchase Addition Due to Lack of Concrete Evidence Against Assessee

    Pratibha Kalpesh Jadhav Vs ITO

    (2026) TaxCorp(LJ) 38298 (ITAT-MUMBAI)

  8. ITAT Mumbai · 15 Jul 2026
    Mumbai ITAT Confirms Immediate Deductibility of NCD Discount as Revenue Expenditure, Rejects Revenue’s Amortisation Demand

    Anand Rathi Global Finance Limited Vs DCIT

    (2026) TaxCorp(LJ) 38297 (ITAT-MUMBAI)

  9. ITAT Ahmedabad · 15 Jul 2026
    Ahmedabad ITAT Limits Addition Under Section 69A to 8% Profit Element on Undisclosed Bank Credits Where Withdrawals Substantiate Business Activity

    Ravi Lalwani Vs Income Tax Officer

    (2026) TaxCorp(LJ) 38296 (ITAT-AHMEDABAD) · Section 69A

  10. ITAT Delhi · 04 Jul 2026
    Delhi ITAT Restricts Denial of Section 11 Exemption to Specific Violations, Allows Revenue Expense, and Clarifies Form 10B Procedural Error Not Fatal

    Krishna Hare Educational Trust Vs ITO

    (2026) TaxCorp(LJ) 38294 (ITAT-DELHI) · Sections 11, 13(3)

  11. ITAT Bangalore · 04 Jul 2026
    Bangalore ITAT Rules Deduction u/s 54F Permissible for Substantial Structural Additions to Residential Property, Not Limited to New Construction

    Kaziyur Narayanan Godha Vs The Income Tax Officer

    (2026) TaxCorp(LJ) 38293 (ITAT-BANGALORE) · Section 54F

  12. ITAT Delhi · 04 Jul 2026
    Delhi ITAT Quashes PCIT’s Section 263 Order as Time-Barred: Limitation Period Tied to Original Assessment, Not Reassessment

    Kulbhushan Mittal Vs PCIT

    (2026) TaxCorp(LJ) 38292 (ITAT-DELHI)

  13. ITAT Mumbai · 04 Jul 2026
    Mumbai ITAT Affirms Professional Nature of Consultancy Fees to Academic Expert; Upholds Full Taxability of LLP Remuneration in Partner’s Hands

    Vidhya Vivek Padgaonkar Vs Income Tax Officer

    (2026) TaxCorp(LJ) 38291 (ITAT-MUMBAI) · Sections 44ADA, 194J

  14. ITAT Gauhati · 04 Jul 2026
    Guwahati ITAT Orders AO to Re-examine Scheduled Tribe Employee’s Section 10(26) Salary Exemption Claim for Work-from-Home from Meghalaya

    Wantei Kupar Warjr Vs ACIT

    (2026) TaxCorp(LJ) 38290 (ITAT-GAUHATI)

  15. ITAT Delhi · 04 Jul 2026
    Delhi ITAT Holds Salary for Services Rendered in Australia Not Taxable in India Under Article 15 of India-Australia DTAA; Disallows Foreign Tax Credit Claim

    Kapil Gupta Vs ITO

    (2026) TaxCorp(LJ) 38289 (ITAT-DELHI)

  16. ITAT Mumbai · 04 Jul 2026
    Mumbai ITAT Affirms Exemption of Inland Haul Charges Under Article 8 of India-China DTAA—Composite Transportation Activity Recognized

    COSCO Container Lines Vs DCIT

    (2026) TaxCorp(LJ) 38288 (ITAT-MUMBAI)

  17. ITAT Delhi · 05 Jul 2026
    Delhi ITAT Orders CIT(E) to Grant 12A & 80G Registration to Oxford and Cambridge Society of India: Scholarship Grants to Indian Students for Overseas Education Do Not Breach Section 11(1)(c)

    The Oxford and Cambridge Society of India A-31 Vs CIT

    (2026) TaxCorp(LJ) 38287 (ITAT-DELHI) · Sections 12A, 80G

  18. ITAT Bangalore · 02 Jul 2026
    Bangalore ITAT Recognizes Section 54F Exemption for Under-Construction Flat Despite Delay in Sale Deed Registration: Substantial Payment Within Statutory Period Sufficient

    Viswanathan Padmanabhan Vs Income Tax Officer

    (2026) TaxCorp(LJ) 38286 (ITAT-BANGALORE) · Section 54F

  19. ITAT Mumbai · 02 Jul 2026
    Mumbai ITAT Quashes Arbitrary 15% Addition on Demonetisation Cash Sales, Affirms Sales Duly Recorded in VAT Returns Cannot Be Treated as Unexplained Deposits without Books Rejection

    Mangilal Nemichand Jain Vs ITO

    (2026) TaxCorp(LJ) 38285 (ITAT-MUMBAI) · Section 68

  20. ITAT Delhi · 02 Jul 2026
    Delhi ITAT Rules Payments for Overseas Commission and Order Follow-up Not Fee for Technical Services; No TDS Obligation Under Section 195 Without Written Agreement

    Ajay Sharma Vs ITO

    (2026) TaxCorp(LJ) 38284 (ITAT-DELHI) · Section 195

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