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Landmark Rulings

All landmark rulings

21,313 rulings

  1. Direct Tax ·Madras High Court · 01 May 2025
    Madras HC: ‘Round-Tripping’ Allegations Warrant Reassessment — Assessee’s Non-Disclosure Justifies AO's Action Under Section 147

    Dalmia Cement (Bharat) Limited Vs The Assistant Commissioner of Income-tax

    (2025) TaxCorp(LJ) 35221 (HC-MADRAS)

  2. Direct Tax ·ITAT Bangalore · 30 Apr 2025
    Bangalore Tribunal Rules Interest Expenditure on Interest-Free Loan to Subsidiary is Tax-Deductible Under Section 36(1)(iii)

    Bangalore International Airport Ltd Vs The Assistant Commissioner of Income Tax

    (2025) TaxCorp(LJ) 35217 (ITAT-BANGALORE) · Section 36(1)(iii)

  3. Direct Tax ·Delhi High Court · 30 Apr 2025
    Delhi High Court Upholds ITAT Ruling: No Income Earned from Sale of Fly Ash Provided by NTPC

    NTPC Vidyut Vyapar Nigam Ltd Vs PCIT

    (2025) TaxCorp(LJ) 35213 (HC-DELHI)

  4. Direct Tax ·Bombay High Court · 29 Apr 2025
    Bombay High Court Nullifies Reassessment Notice for AY 2014-15, Citing Lack of Disclosure Allegations by Assessee

    Prithvi Apartments Co-operative Housing Society Limited Vs The Assistant Commissioner of Income Tax

    (2025) TaxCorp(LJ) 35212 (HC-BOMBAY)

  5. Direct Tax ·AP High Court · 30 Apr 2025
    Telangana High Court Rules in Favor of Assessee: Halts Recovery Proceedings Pending Appeal Decision on AY 2016-17

    Chidrupi Estates and Holding Limited Vs Income Tax Officer

    (2025) TaxCorp(LJ) 35211 (HC-AP)

  6. Direct Tax ·ITAT Bangalore · 29 Apr 2025
    Bangalore ITAT Declares CPC Intimation Invalid for AY 2020-21 Due to Invalid Return and Lack of Jurisdiction

    Mysore District Judicial Employee Credit Co-operative Society Limited Vs The Income Tax Officer

    (2025) TaxCorp(LJ) 35209 (ITAT-BANGALORE)

  7. Direct Tax ·Delhi High Court · 28 Apr 2025
    Delhi HC Overrules Notice Issued Under Section 149(1) for AY 2018-19 Due to Limitation Expiry and Insufficient Income for Escaped Assessment

    L-1 Identity Solutions Operating Company Private Limited Vs ACIT

    (2025) TaxCorp(LJ) 35207 (HC-DELHI) · Section 149(1A)

  8. Direct Tax ·Madras High Court · 28 Apr 2025
    Madras HC Nullifies ITAT Ruling on Interest Tax Liability for Deposits from Directors and Shareholders

    Chandok Services Pvt. Ltd Vs The Assistant Commissioner of Income Tax

    (2025) TaxCorp(LJ) 35206 (HC-MADRAS)

  9. Direct Tax ·Madras High Court · 28 Apr 2025
    Insurance Income Computation: Madras HC Excludes Section 14A Applicability to Insurance Companies

    Cholamandalam MS General Insurance Co Ltd Vs The Deputy Commissioner of Income Tax

    (2025) TaxCorp(LJ) 35205 (HC-MADRAS) · Section 14A

  10. Direct Tax ·ITAT Mumbai · 25 Apr 2025
    Mumbai ITAT Overturns CIT(A) Ruling on Foreign Bank Deposits, Suggests Income Already Taxed in India

    Nirmal Jethalal Modi Vs DDIT, ADIT(INV.)-2(1)

    (2025) TaxCorp(LJ) 35196 (ITAT-MUMBAI)

  11. Direct Tax ·ITAT Bangalore · 25 Apr 2025
    Bangalore ITAT Rules on Investment Allowance Eligibility for Software Development Computers

    Bosch Global Software Technologies Pvt. Ltd Vs The Asst. Commissioner of Income Tax

    (2025) TaxCorp(LJ) 35195 (ITAT-BANGALORE) · Section 32AC

  12. Direct Tax ·ITAT Mumbai · 25 Apr 2025
    Bogus Accommodation Entries: Mumbai ITAT Sets Aside Additions Based on Flawed Investigation Report

    Lube Distributing Company Pvt. Ltd Vs Income Tax Officer

    (2025) TaxCorp(LJ) 35194 (ITAT-MUMBAI)

  13. Direct Tax ·ITAT Chennai · 25 Apr 2025
    Chennai ITAT Overturns Penalty for Late Disclosure of Foreign Assets under the Black Money Act

    Palanirajan Rajarajan Vs Addl.CIT

    (2025) TaxCorp(LJ) 35193 (ITAT-CHENNAI) · Section 153C

  14. Direct Tax ·ITAT Mumbai · 25 Apr 2025
    Mumbai ITAT Overturns CIT(A) Ruling, Nullifies Penalty Under Black Money Act for Perceived Non-disclosure of Foreign Assets

    Sanjay Bhupatrai Shah Vs Dy. Director of Income Tax

    (2025) TaxCorp(LJ) 35192 (ITAT-MUMBAI)

  15. Direct Tax ·ITAT Mumbai · 26 May 2025
    Mumbai ITAT Rules in Favor of Assessee for Proportionate Deduction under Section 80-IB(10)

    Aakash Nidhi Builders & Developers Vs ITO

    (2025) TaxCorp(LJ) 35189 (ITAT-MUMBAI) · Section 80-IB(10)

  16. Direct Tax ·ITAT Mumbai · 26 May 2025
    Mumbai ITAT Invalidates Reassessment After Four-Year Period, Emphasizing Assessee’s Full Disclosure of Material Facts

    Swati Energy & Projects (P) Ltd Vs DCIT

    (2025) TaxCorp(LJ) 35188 (ITAT-MUMBAI)

  17. Direct Tax ·Madras High Court · 26 May 2025
    Madras HC Declares AO's Action as Merely a Change of Opinion: Section 148 Invocation Unwarranted Regarding Interim Dividend Exemption Under Section 10(33)

    B. Jayalakshmi Vs The Deputy Commissioner of Income Tax

    (2025) TaxCorp(LJ) 35187 (HC-MADRAS) · Section 10(33)

  18. Direct Tax ·ITAT Mumbai · 26 May 2025
    ITAT’s Authority to Constitute Special Bench Upheld in Light of Pending High Court Cases

    J P Morgan Chase Bank Vs Jt. CIT

    (2025) TaxCorp(LJ) 35186 (ITAT-MUMBAI)

  19. Direct Tax ·ITAT Mumbai · 26 May 2025
    Mumbai ITAT Overrules Reassessment Proceeding for Barred Limitation, Critiques Unexplained Income Addition

    Kalpana Dilip Mehta as Legal Heir of Dilip Dalpatlal Mehta Vs ACIT

    (2025) TaxCorp(LJ) 35185 (ITAT-MUMBAI) · Sections 92CA, 153

  20. Direct Tax ·Supreme Court · 23 Apr 2025
    SC Upholds Delhi HC's Ruling on Reassessment Notice Against Nokia Solutions for AY 2014-15

    Nokia Solutions and Networks India Pvt Ltd Vs DCIT

    (2025) TaxCorp(LJ) 35181 (SC)

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