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Landmark Rulings

All landmark rulings

21,682 rulings

  1. Direct Tax ·ITAT Delhi · 18 Jul 2026
    Delhi ITAT Affirms TDS Default Order Within Extended Limitation Under TOLA; Late Fee Penalty Under Section 234E Quashed for Pre-Amendment AY 2013-14

    JSD Steel Private Limited (Formerly Cbs Steel Private Limited) Vs ITO

    (2026) TaxCorp(LJ) 38370 (ITAT-DELHI) · Section 201(1)

  2. Direct Tax ·ITAT Mumbai · 18 Jul 2026
    Mumbai ITAT Quashes Penalty on Misclassification of ESOP Income: Assessee’s Bona Fide Mistake in Tax Head Selection Not Misreporting under Section 270A(9)

    Jai Shankar Krishnan Vs DCIT

    (2026) TaxCorp(LJ) 38369 (ITAT-MUMBAI) · Section 270A(9)

  3. Direct Tax ·ITAT Mumbai · 18 Jul 2026
    Mumbai ITAT Confirms Securitization Trust’s Status as Revocable Determinate Trust; Rejects AOP Classification for Want of Joint Action

    Arcil Cps 012 I Trust Vs ITO

    (2026) TaxCorp(LJ) 38368 (ITAT-MUMBAI)

  4. Direct Tax ·ITAT Mumbai · 18 Jul 2026
    ITAT Mumbai Quashes Assessment Order for Breach of Natural Justice: AO’s Reliance on Section 133(6) Replies Without Disclosure to Assessee Found Unsustainable; Matter Remanded for Fresh Consideration

    Yeoman Marine Services Pvt Ltd Vs DCIT

    (2026) TaxCorp(LJ) 38367 (ITAT-MUMBAI) · Section 133(6)

  5. Direct Tax ·ITAT Mumbai · 18 Jul 2026
    Mumbai ITAT Affirms Taxability of Interest Income Based on Actual Receipt; Bona Fide Change to Cash System Upheld Due to Borrower’s Financial Distress

    Amrita Prabhakar Deodhar Vs ACIT

    (2026) TaxCorp(LJ) 38366 (ITAT-MUMBAI)

  6. Direct Tax ·ITAT Delhi · 18 Jul 2026
    ITAT Delhi Orders Remand in Light of IBC Moratorium, Citing Supreme Court Precedents: Revenue and Assessee Appeals Barred During CIRP

    Vikas Wsp Limited Vs DCIT

    (2026) TaxCorp(LJ) 38365 (ITAT-DELHI) · Sections 14, 156A

  7. GST ·Madras High Court · 14 Jul 2026
    Madras High Court Quashes GST Assessment Initiated Posthumously, Permits Fresh Proceedings Against Legal Heirs

    K Venkatesan Sri Vinayaga Traders Vs The Deputy State Tax Officer

    (2026) TaxCorp(IDT) 12571 (HC-MADRAS)

  8. GST ·Supreme Court · 14 Jul 2026
    Anticipatory Bail Denied to Accountant in Mega Fake ITC Scam: Mumbai Sessions Court Finds Prima Facie Active Involvement Beyond Routine Duties

    Ashutosh Pandey S/o Umesh Pandey Vs Directorate General of GST Intelligence

    (2026) TaxCorp(IDT) 12570 (SC)

  9. GST ·Madras High Court · 14 Jul 2026
    Madras High Court Invalidates Assessment Order Denying ITC Solely on Supplier’s Later Non-Existence; Mandates Fresh Consideration of Assessee’s Evidence

    Clear Secured Service Private Limited Vs The Assistant Commissioner (ST)

    (2026) TaxCorp(IDT) 12569 (HC-MADRAS)

  10. GST ·Madras High Court · 14 Jul 2026
    Madras High Court Orders Reconsideration of ITC Denial Due to GSTR-2A Mismatch and Subsequent Registration of Business Premises for AY 2017-18

    Dot Com Infoway Limited Vs The Joint commissioner of GST (Appeals – I) & Anr

    (2026) TaxCorp(IDT) 12568 (HC-MADRAS)

  11. Direct Tax ·Delhi High Court · 15 Jul 2026
    PBPTAT - SAFEMA Tribunal Upholds Attachment of Assessees’ Bank Accounts Under Benami Law, Citing Fictitious Transactions with Non-Existent Supplier

    Nirmal Katyal HUF Vs The Initiating Officer

    (2026) TaxCorp(LJ) 38349 (HC-DELHI)

  12. Direct Tax ·ITAT Ahmedabad · 15 Jul 2026
    ITAT Ahmedabad Affirms Exclusion of Debenture Redemption Reserve from Book Profits under Section 115JB Despite Non-Claim in ITR; Upholds Substantive Legality Over Procedural Lapse

    Sun Pharma Laboratories Ltd Vs Deputy Commissioner of Income tax

    (2026) TaxCorp(LJ) 38348 (ITAT-AHMEDABAD) · Section 115JB

  13. Direct Tax ·ITAT Chennai · 15 Jul 2026
    Chennai ITAT Rules Discount on Assignment of Rent Receivables Not 'Interest'; No TDS Liability on Discounted Consideration under Section 194A

    OPC Asset Solutions Pvt. Ltd Vs The Joint Commissioner of Income-tax

    (2026) TaxCorp(LJ) 38347 (ITAT-CHENNAI) · Sections 2(28A), 36(1)(iii)

  14. Direct Tax ·ITAT Delhi · 15 Jul 2026
    Delhi ITAT Rules Derivative Losses as Business Losses, Not Speculative, under Explanation to Section 73(4); Major Disallowance Deleted, Only Share Trading Losses Treated as Speculative

    RAAG Vihar Apartments Private Limited Vs DCIT

    (2026) TaxCorp(LJ) 38346 (ITAT-DELHI)

  15. Direct Tax ·ITAT Bangalore · 15 Jul 2026
    Bangalore ITAT Rules Multiple Residential Houses Eligible for Section 54 Exemption if Capital Gains Arise from Multiple Transfers

    Pavan Kumar Agarwal Vs DCIT

    (2026) TaxCorp(LJ) 38345 (ITAT-BANGALORE) · Section 54

  16. Direct Tax ·ITAT Bangalore · 15 Jul 2026
    Bangalore ITAT Prolongs Stay on Xiaomi’s ₹10,833.22 Cr Tax Demand Citing Departmental Delays and Pending DIN Issue

    Xiaomi Technology India Pvt. Ltd Vs The DCIT

    (2026) TaxCorp(LJ) 38344 (ITAT-BANGALORE)

  17. Direct Tax ·ITAT Chennai · 15 Jul 2026
    ITAT Chennai Confirms Retrospective Application of Proviso to Section 50C; Stamp Duty Value to Be Determined on Date of Unregistered Agreement to Sell Where Consideration Received via Banking Channels

    Aroumougam Pragalanadane Vs The Deputy Commissioner of Income-tax

    (2026) TaxCorp(LJ) 38343 (ITAT-CHENNAI) · Section 50C

  18. GST ·Karnataka High Court · 13 Jul 2026
    Karnataka High Court Upholds DGGI Criminal Proceedings Against Scrap Dealer for Alleged Rs. 21.11 Crore Fake ITC Availment; Validates Transfer of Investigation from State to Central GST Authorities

    Mohammed Kamran Vs The Senior Intelligence Officer DGGI & Ors

    (2026) TaxCorp(IDT) 12567 (HC-KARNATAKA)

  19. Direct Tax ·ITAT Ahmedabad · 15 Jul 2026
    Ahmedabad ITAT Directs Proportionate Addition Based on Actual Contribution; Rejects Equal Split Among Co-owners Absent Revenue Evidence

    Deepak Shankarlal Patel Vs Income Tax Officer

    (2026) TaxCorp(LJ) 38342 (ITAT-AHMEDABAD)

  20. Direct Tax ·ITAT Bangalore · 15 Jul 2026
    Bangalore ITAT Directs AO to Apply Reverse Indexation for Determining Cost of Acquisition in Absence of Historical Records; Restoration Ordered for Fresh Verification

    GPFE Hosuing Co-operative Society Ltd Vs The Income Tax Officer

    (2026) TaxCorp(LJ) 38341 (ITAT-BANGALORE)

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