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Landmark Rulings

All landmark rulings

21,682 rulings

  1. Direct Tax ·ITAT Mumbai · 25 Jul 2026
    Mumbai ITAT Rectifies Omission: Directs AO to Exclude Stock-in-Trade Investments from Section 14A Disallowance in ICICI Bank Case

    ICICI Bank Limited Vs DCIT

    (2026) TaxCorp(LJ) 38404 (ITAT-MUMBAI) · Section 254

  2. Direct Tax ·Delhi High Court · 25 Jul 2026
    Delhi High Court Directs TDS Certificate Revision for Schlumberger: Mandates 1% Rate under Section 197 Owing to Consistent Losses and Unaltered Facts

    SCHLUMBERGERASIA SERVICESLIMITED REPRESENTED THROUGH ITSAUTHORIZED REPRESENTATIVEAMIT ARORA Vs The DCIT

    (2026) TaxCorp(LJ) 38403 (HC-DELHI) · Section 197

  3. Direct Tax ·ITAT Ahmedabad · 25 Jul 2026
    Ahmedabad ITAT Confirms Disallowance under Section 80GGC for Political Party Donation: Banking Channels and Receipts Deemed Insufficient Amid Findings of Accommodation Entry Scheme

    Meetkumar Hasmukhbhai Chaturvedi Vs The Income Tax Officer

    (2026) TaxCorp(LJ) 38402 (ITAT-AHMEDABAD) · Section 80GGC

  4. Direct Tax ·ITAT Chandigarh · 25 Jul 2026
    Chandigarh ITAT Upholds Denial of Section 12AB Registration—Provision of Student Transport Services Not a Charitable Purpose

    International Will Trust Vs The CIT

    (2026) TaxCorp(LJ) 38401 (ITAT-CHANDIGARH) · Sections 2(15), 12AB

  5. Direct Tax ·ITAT Hyderabad · 25 Jul 2026
    Hyderabad ITAT Rules Software Purchase from Malaysian AE Not ‘Royalty’; No TDS Required Under Section 195 Owing to Outright Sale and DTAA Provisions

    VALUE LABS LLP Vs DCIT

    (2026) TaxCorp(LJ) 38400 (ITAT-HYDERABAD) · Section 195

  6. Direct Tax ·ITAT Mumbai · 25 Jul 2026
    Mumbai ITAT Upholds ESOP Expenditure Deductibility Under Section 37(1) Despite Equity-Based Compensation Structure

    JM Financial Limited Vs DCIT

    (2026) TaxCorp(LJ) 38399 (ITAT-MUMBAI) · Section 37(1)

  7. Direct Tax ·ITAT Mumbai · 25 Jul 2026
    Foreign Exchange Loss Disallowance Set Aside Where Transaction-Wise Records Establish Correct Revenue-Capital Allocation

    Vodafone Idea Limited Vs ACIT

    (2026) TaxCorp(LJ) 38398 (ITAT-MUMBAI)

  8. Direct Tax ·ITAT Amritsar · 25 Jul 2026
    ITAT Amritsar Rules in Favour of Trust: Application for 80G Registration via Form 10AB Submitted Timely, Directs CIT(E) to Assess Eligibility in Light of Amended Provisions

    Kukreja Charitable Foundation Vs Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38240 (ITAT-AMRITSAR) · Section 80G(5)

  9. Direct Tax ·ITAT Chennai · 25 Jul 2026
    ITAT Chennai Directs Addition under Section 69A to Profit Margin Only Where Cash Deposits Reflect Transport Business Receipts; Full Deposits Cannot Be Treated as Unexplained

    Sennakrishnan Venkatachalam Vs The Income Tax Officer

    (2026) TaxCorp(LJ) 38241 (ITAT-CHENNAI) · Section 69A

  10. Direct Tax ·ITAT Chennai · 25 Jul 2026
    Chennai ITAT Bars Double Taxation of Demonetisation Cash Deposit; Restricts Addition under Section 69A to Unexplained Amounts Alone

    Sengodan Govindarajan Vs The Income Tax Officer

    (2026) TaxCorp(LJ) 38242 (ITAT-CHENNAI) · Section 69A

  11. Direct Tax ·ITAT Chennai · 25 Jul 2026
    Chennai ITAT Rules Land Within 6 KM of Municipality as Capital Asset, Limits Addition to Admitted Cash Consideration; Partial Relief on Indexed Cost Claim

    Narayanan Sundaramahalingam Rajkumar Vs The Assistant Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38243 (ITAT-CHENNAI)

  12. Direct Tax ·Bombay High Court · 25 Jul 2026
    Bombay High Court Bars Reassessment Beyond Four Years on Section 80-IA Claim After S.143(3) Scrutiny, Citing Full Disclosure and No New Material

    Chennai Container Terminal Pvt.Ltd Vs Assistant Commissioner of Income-tax

    (2026) TaxCorp(LJ) 38244 (HC-BOMBAY) · Section 80-IA

  13. Direct Tax ·Kerala High Court · 25 Jul 2026
    Kerala High Court Mandates Reconsideration of Delay Condonation in ITR Filing as Per Transition Between CBDT Circulars in AY 2018-19 Case

    SURESH VELU ELLATHUKALATHIL Vs PCIT

    (2026) TaxCorp(LJ) 38245 (HC-KERALA) · Section 119(2)(b)

  14. GST ·Bombay High Court · 24 Jul 2026
    Bombay High Court Invalidates Tax Proceedings Issued in Name of Amalgamated Entity: Reaffirms Requirement to Proceed Against Successor Company

    IDFC First Bank Ltd Vs Union of India & Ors

    (2026) TaxCorp(IDT) 14597 (HC-BOMBAY)

  15. GST ·Karnataka High Court · 24 Jul 2026
    Karnataka High Court Restores Tax Appeal After Delay Due to Non-Upload of Original Order, Quashes Garnishee Proceedings

    SEPL Infra Private Limited vs Joint Commissioner of Commercial Taxes (Appeals) & Ors.

    (2026) TaxCorp(IDT) 14596 (HC-KARNATAKA)

  16. GST ·Supreme Court · 23 Jul 2026
    Supreme Court Withholds Final Adjudication on GST Applicability to University Affiliation Fees; Assessee Granted Liberty to Contest After Single Judge’s Determination

    Bharathidasan University vs The Joint Commissioner of GST (ST-Intelligence) Trichy Division & Anr

    (2026) TaxCorp(IDT) 14595 (SC)

  17. GST ·AP High Court · 23 Jul 2026
    Telangana High Court Nullifies GST Registration Cancellation Due to Mismatch Between Show Cause Notice and Order Grounds

    JK Technology vs Deputy State Tax Officer

    (2026) TaxCorp(IDT) 14594 (HC-AP)

  18. GST ·P&H High Court · 23 Jul 2026
    Punjab & Haryana High Court Rules Mere Upload of SCN/Order on GST Portal Not Valid Service under Section 169; Calls for Overhaul in Digital Communication Mechanism

    Luxmi Traders & Ors. v. Union Territory of Chandigarh & Ors.

    (2026) TaxCorp(IDT) 14593 (HC-P&H)

  19. GST ·Karnataka High Court · 23 Jul 2026
    Karnataka High Court Annuls Service Tax Order for Non-Supply of Show Cause Notice Despite Assessee’s Request

    Shri. Narasimhalu Naidu Vs Additional Commissioner of Central Tax

    (2026) TaxCorp(IDT) 14592 (HC-KARNATAKA)

  20. GST ·Karnataka High Court · 23 Jul 2026
    Karnataka High Court Restores GST Registration Proceedings, Emphasizes Right to File Returns Before Cancellation for Non-Filing

    Jesu Navin Nishchal Vs Assistant Commissioner of Commercial Taxes

    (2026) TaxCorp(IDT) 14591 (HC-KARNATAKA)

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