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Landmark Rulings

Direct Tax landmark rulings

15,784 rulings

  1. ITAT Delhi · 11 Apr 2025
    Delhi ITAT Rules on Validity of DCF Valuation Method; Reverses AO's Additions under Section 56(2)(viib)

    East Delhi Leasing P. Ltd Vs ITO

    (2025) TaxCorp(LJ) 35017 (ITAT-DELHI) · Section 56(2)(viib)

  2. Bombay High Court · 12 Apr 2025
    Bombay High Court Orders Revenue to Expedite 16-Year-Old Refund, Establishes Accountability for Officials

    Nirmalkumar Mulchand Puruswani Vs Income Tax Officer

    (2025) TaxCorp(LJ) 35016 (HC-BOMBAY)

  3. Bombay High Court · 12 Apr 2025
    GlaxoSmithKline Secures Relief as Reassessment Notice is Quashed

    GlaxoSmithKline Pharmaceuticals Ltd Vs Assistant Commissioner of Income Tax

    (2025) TaxCorp(LJ) 35015 (HC-BOMBAY)

  4. Bombay High Court · 20 Mar 2025
    Bombay High Court Orders Timely Resolution of Assessee's Appeal Under Section 250(6A)

    WSFx Global Pay Limited Vs National Faceless Appeal Centre and Others

    (2025) TaxCorp(LJ) 35014 (HC-BOMBAY)

  5. ITAT Mumbai · 20 Mar 2025
    Mumbai ITAT Upholds Assessee’s Exemption of Rs. 6.53 Crore Short Term Capital Gains from Rights Entitlement; Rules Against Set-Off with Taxable Capital Loss

    Vanguard Emerging Markets Stock Index Fund A Series of VISPLC Vs ACIT

    (2025) TaxCorp(LJ) 35013 (ITAT-MUMBAI)

  6. Bombay High Court · 19 Mar 2025
    Bombay High Court Upholds Revenue's Addition of ₹10.73 Crores as Unexplained Cash Credits, Penalizes Accommodation Entry Providers

    Buniyad Chemicals Ltd Vs PCIT

    (2025) TaxCorp(LJ) 35010 (HC-BOMBAY) · Section 68

  7. ITAT Mumbai · 19 Mar 2025
    ITAT Mumbai Invalidates Reassessment Notice under Section 148 Due to Procedural Irregularities

    Susheel Kumar Govindram Saraff Vs Income Tax Officer

    (2025) TaxCorp(LJ) 35009 (ITAT-MUMBAI) · Section 148

  8. ITAT Hyderabad · 18 Mar 2025
    ITAT Hyderabad Affirms CIT(A) Decision Quashing Penalty Orders Deemed Barred by Limitation in Section 271D Cases

    Sireesha Pochareddy Vs The Income Tax Officer

    (2025) TaxCorp(LJ) 35007 (ITAT-HYDERABAD) · Section 271D

  9. ITAT Mumbai · 18 Mar 2025
    E-commerce Operator Classification: Mumbai ITAT Rules Assessee Not Liable for Default Deductions under Section 194-O

    Riya Travel and Tours (India) Pvt. Ltd Vs Asst. Commissioner of Income Tax

    (2025) TaxCorp(LJ) 35006 (ITAT-MUMBAI) · Section 194-O

  10. ITAT Mumbai · 09 Apr 2025
    Mumbai ITAT Affirms TDS Credit Entitlement for Sole Beneficiary Trust Assessee Despite Procedural Hurdles

    Jamshed R Bilimoria Vs ITO

    (2025) TaxCorp(LJ) 34995 (ITAT-MUMBAI)

  11. ITAT Mumbai · 09 Apr 2025
    Mumbai ITAT Rules on Tax Exemption Claim: Inadvertent Error Does Not Preclude Relief for Eligible Assessees

    Fancy Corporation Ltd Vs ACIT

    (2025) TaxCorp(LJ) 34994 (ITAT-MUMBAI)

  12. ITAT Bangalore · 09 Apr 2025
    Bangalore ITAT Upholds Treatment of Loan Repayment as Application of Income for Educational Trust

    Nagarjuna Education Society Vs The Assistant Commissioner of Income Tax

    (2025) TaxCorp(LJ) 34993 (ITAT-BANGALORE)

  13. ITAT Mumbai · 08 Apr 2025
    ITAT Mumbai Partially Grants Assessee's Appeal, Limiting Addition under Section 56(2)(vii)(b) due to Minimal Discrepancy in Property Valuation

    Surajmal Mistry HUF Vs ITO

    (2025) TaxCorp(LJ) 34992 (ITAT-MUMBAI) · Section 56(2)(vii)(b)

  14. ITAT Mumbai · 08 Apr 2025
    Ruling on Charitable Activities: Mumbai ITAT Upholds Tax Exemption for Diamond Trade Assistance Organization

    Bharat Diamond Bourse Vs DCIT(E)-1(1)

    (2025) TaxCorp(LJ) 34991 (ITAT-MUMBAI) · Sections 2(15), 11

  15. ITAT Bangalore · 08 Apr 2025
    Bangalore ITAT Reverses Addition on Unexplained Investments: Assessee Acknowledged for Transparent Documentation of Transactions

    Prakash Praveen Kumar Vs ITO

    (2025) TaxCorp(LJ) 34990 (ITAT-BANGALORE) · Sections 44AD, 69

  16. ITAT Bangalore · 08 Apr 2025
    Bangalore ITAT Rules on Bad Debts and Business Income: Section 69A Inapplicable

    Sri Veerabhadreshwara Arecanut Company Vs ITO

    (2025) TaxCorp(LJ) 34989 (ITAT-BANGALORE) · Section 69A

  17. ITAT Mumbai · 08 Apr 2025
    Mumbai ITAT Rules on VoIP Payments: No Tax Deduction Required for Non-Technical Services Provided by NSPL

    Novanet India Private Ltd Vs ITO

    (2025) TaxCorp(LJ) 34988 (ITAT-MUMBAI)

  18. ITAT Mumbai · 07 Apr 2025
    Mumbai ITAT Rules Non-Resident Status for Assessee with Overseas Employment and Residency Below 182 Days

    Mitesh Vijay Gulati Vs Income Tax Officer

    (2025) TaxCorp(LJ) 34987 (ITAT-MUMBAI)

  19. ITAT Mumbai · 07 Apr 2025
    Mumbai ITAT Clarifies Treatment of Cost Allocations for GSAP Software as Non-Taxable Income

    Shell International Petroleum Co. Ltd Vs DCIT

    (2025) TaxCorp(LJ) 34986 (ITAT-MUMBAI)

  20. ITAT Ahmedabad · 07 Apr 2025
    Penalty for Default in Quarterly Returns Invalidated by Ahmedabad ITAT: Misapplication of Law for Assessment Years in Question

    Xcellon Education Limited Vs ACIT

    (2025) TaxCorp(LJ) 34985 (ITAT-AHMEDABAD) · Section 272A(2)(g)

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