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Landmark Rulings

Direct Tax landmark rulings

16,068 rulings

  1. ITAT Delhi · 30 Sep 2014
    Whether when the facts of a case are similar to a matter adjudicated by the a Special Bench and though no proposition laid down by the Bench was applied by the DRP while making its order on the same issue, it can be concluded that such an issue requires fresh adjudication

    ZIMMER INDIA PVT LTD. Vs. DCIT

    (2014) TaxCorp(LJ) 4214 (ITAT-DELHI) · Income tax - Sections 143(3), 144C

  2. ITAT Hyderabad · 30 Sep 2014
    Whether where any item is excluded for the purpose of computing export turnover, it it calls for necessary exclusion of the same from total turnover for purpose of computing deduction u/s 10A

    M/s PAREXEL INTERNATIONAL INDIA PVT LTD. Vs. ACIT

    (2014) TaxCorp(LJ) 4213 (ITAT-HYDERABAD) · Income tax - Sections 10AA, 92CA(1), 133(6), 143(3), 144C(5)

  3. ITAT Cochin · 08 Aug 2014
    TDS deductible on Excess amount paid on Cacellation of Flat Purchase Agreement

    The Income Tax Officer (TDS) Trivandrum Vs. M/s Beacon Projects P Ltd.

    (2014) TaxCorp(LJ) 4212 (ITAT-COCHIN)

  4. ITAT Chandigarh · 30 Jan 2014
    Section 269SS not violated in accepting share application money or deposit in current account in cash

    M/s Eqbal Inn & Hotels Ltd. Vs. The JCIT

    (2014) TaxCorp(LJ) 4211 (ITAT-CHANDIGARH) · Section. 269SS

  5. ITAT Mumbai · 30 May 2014
    ITAT Cannot be Precluded from handling any point which appertains to assessment even if it is raised for the first time

    Pradeep G. Vora Vs. ITO

    (2014) TaxCorp(LJ) 4210 (ITAT-MUMBAI)

  6. ITAT Mumbai · 22 Aug 2014
    A.O Cannot act as a reviewing authorithy u/s 147 of Income Tax Act, 1961

    DCIT. Vs. Century Textiles and Industries Ltd.

    (2014) TaxCorp(LJ) 4209 (ITAT-MUMBAI) · Section. 147

  7. ITAT Mumbai · 08 Oct 2014
    Whether any TDS obligation arises on payments remitted to commission agents for procuring sales order abroad

    KHIMJI VISRAM AND SONS Vs. ADDL. CIT

    (2014) TaxCorp(LJ) 4208 (ITAT-MUMBAI) · Income Tax - Sections 9(1)(vii), 40(a)(i), 143(3), 154, 195

  8. ITAT Mumbai · 29 Sep 2014
    Whether where a company is earning extraordinary profits in the course of its business, can the same is liable to be excluded from the list of comparables for purpose of determination of ALP

    STREAM INTERNATIONAL SERVICES PVT LTD. Vs. ACIT

    (2014) TaxCorp(LJ) 4207 (ITAT-MUMBAI) · Income Tax - Sections 92C(1), 144C(5)

  9. ITAT Mumbai · 18 Sep 2014
    Whether when the comparable selected is functionally similar, there is any merit in the assessee's plea for its exclusion

    M/s EVONIK INDIA PVT LTD. Vs. DCIT

    (2014) TaxCorp(LJ) 4206 (ITAT-MUMBAI) · Income tax - Sections 92C(2), 143(3), 144C(5) & (13), 234B, C & D

  10. ITAT Mumbai · 19 Sep 2014
    Whether where any miscellaneous income is earned on account of guarantee commission waived by the AEs of the assessee and such waiver consisted of day to-day operations of the assessee which was consistent with the accounting standards and policies, such income should be considered as operating income

    M/s PETRO ARALDITE PVT LTD. Vs. DCIT

    (2014) TaxCorp(LJ) 4205 (ITAT-MUMBAI) · Income tax - Sections 92D(1), 143(3), 144C(13)

  11. ITAT Delhi · 24 Sep 2014
    Whether when the case of payments made against rendering of technical services by the AE was remanded by the Tribunal in the previous AY, a similar TP adjustment is required to be made in the instant year.

    VA TECH ESCHER WYSS FLOVEL PVT LTD. Vs. DCIT

    (2014) TaxCorp(LJ) 4204 (ITAT-DELHI) · Income Tax - Sections 14A, 143(3), 144C

  12. ITAT Pune · 29 Sep 2014
    Whether when operating margin trends of the said concern over the five financial years suggests a wide fluctuation, the same can be excluded from the list of comparables

    CUMMINS TURBO TECHNOLOGIES LTD. Vs. DDIT

    (2014) TaxCorp(LJ) 4203 (ITAT-PUNE) · Income Tax - Section 92CA

  13. Bombay High Court · 10 Oct 2014
    Issue of shares at premium by Indian entity to holding company does not give rise to any income from international transaction

    VODAFONE INDIA SERVICES PVT LTD Vs UoI

    (2014) TaxCorp(LJ) 4202 (HC-BOMBAY)

  14. ITAT Mumbai · 25 Sep 2014
    Whether the principle of proportionality is a well established principle in the jurisprudence of transfer pricing adjustments

    DINA SUDHIR SHAH Vs. ACIT

    (2014) TaxCorp(LJ) 4201 (ITAT-MUMBAI) · Income Tax - Section 92CA

  15. ITAT Mumbai · 26 Sep 2014
    Whether when the entire job is sub-contracted to the AE being the lowest bidder, on back to back basis, the TPO is right in making TP adjustment with respect to excess costs without selecting any comparables

    M/s INTERNATIONAL METRO CIVIL CONTRACTORS Vs. ACIT

    (2014) TaxCorp(LJ) 4200 (ITAT-MUMBAI)

  16. Delhi High Court · 30 Sep 2014
    Whether when the technical experts of the assessee render technical services in India, any consideration received in this regard is to be taxed in the country of source only to the extent of such amounts attributable to the activities performed in India

    CIT. Vs. M/s VOEST ALPINE A G

    (2014) TaxCorp(LJ) 4199 (HC-DELHI)

  17. Delhi High Court · 13 Aug 2014
    HC set aside order rejecting Stay of demand in high-pitched assessments

    CHARU HOME PRODUCTS PVT LTD. Versus COMMISSIONER OF INCOME TAX-1, NEW DELHI and ORS.

    (2014) TaxCorp(LJ) 4198 (HC-DELHI)

  18. Allahabad High Court · 01 Sep 2014
    If AO not satisfied with correctness of expenditure claimed, he has to proceed in manner prescribed in Rule 8D(2)

    Dhampur Sugar Mills Ltd. Vs. Commissioner Of Income Tax

    (2014) TaxCorp(LJ) 4197 (HC-ALLAHABAD)

  19. Allahabad High Court · 15 Sep 2014
    Since assessment made u/s 143(3), no notice can be issued without satisfaction of CCIT/CIT – S. 151(1)

    M/S Reliable Finhold Limited Vs. Union Of India And Anr.

    (2014) TaxCorp(LJ) 4196 (HC-ALLAHABAD) · Sections. 143(3), 151(1)

  20. ITAT Delhi · 19 Sep 2014
    Whether the principles of mutuality will override the specific deeming provision of Sec 9(1)(v)

    BANK OF TOKYO MITSUBISHI UFJ LTD. Vs. ADIT

    (2014) TaxCorp(LJ) 4195 (ITAT-DELHI) · Income tax - Sections 9(1)(v)(c), 37, 40(a)(i), 44C, 90, 115JB, 144C(1) & (5), 205, 234B

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