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Landmark Rulings

All landmark rulings

21,334 rulings

  1. Direct Tax ·ITAT Mumbai · 29 Nov 2024
    Substantial Justice Prevails: Mumbai ITAT Condones Delay in Appeal Process for AY 2018-19 Assessment

    Dhoot Industrial Finance Ltd Vs Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34573 (ITAT-MUMBAI)

  2. Direct Tax ·ITAT Mumbai · 29 Nov 2024
    Mumbai ITAT Affirms CIT(A) Order on Maximum Marginal Rate for Discretionary Trust, Reinforcing Legal Interpretation of Taxation Policies

    Aradhya Jain Trust Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34572 (ITAT-MUMBAI)

  3. Direct Tax ·Bombay High Court · 29 Nov 2024
    Religious and Charitable Trust Benefits Affirmed: Bombay HC Upholds Exemption Claims Under Section 115BBC(2)(b)

    Shree Sai Baba Sansthan Trust – Shirdi Vs Commissioner of Income Tax (Exemptions)

    (2024) TaxCorp(LJ) 34571 (HC-BOMBAY)

  4. Direct Tax ·ITAT Mumbai · 08 Oct 2024
    Mumbai ITAT Determines Non-Binding Nature of Tribunal Findings Under Black Money Act; Mandates Disclosure of Foreign Assets by Assessees

    Captain Vilas Waman Katre Vs Additional Commissioner of Income tax

    (2024) TaxCorp(LJ) 34570 (ITAT-MUMBAI)

  5. Direct Tax ·ITAT Mumbai · 08 Oct 2024
    Mumbai ITAT Reinstates Assessee's Appeal, Criticizes CIT(A) Overreach in Tax Order

    Jyoti Prakash Deshmukh Vs ITO

    (2024) TaxCorp(LJ) 34569 (ITAT-MUMBAI) · Section 251

  6. Direct Tax ·ITAT Mumbai · 10 Dec 2024
    Mumbai ITAT Upholds Indian Residency of Assessee, Declares Income Tax Obligation Unassailable under India-US DTAA

    Ashok Kumar Pandey Vs ACIT

    (2024) TaxCorp(LJ) 34568 (ITAT-MUMBAI)

  7. Direct Tax ·ITAT Cochin · 10 Dec 2024
    Cochin ITAT Upholds Assessee’s Valuation Method for Inventories, Dismisses Revenue's VAT Adjustment Claim

    Arunkumar Puthige Vs The Income Tax Officer

    (2024) TaxCorp(LJ) 34567 (ITAT-COCHIN)

  8. Direct Tax ·Supreme Court · 05 Oct 2024
    Supreme Court Upholds Delhi High Court Ruling, Dismissing Assessee’s SLP

    Johnson Matthey Public Ltd. Company Vs CIT

    (2024) TaxCorp(LJ) 34566 (SC)

  9. Direct Tax ·Calcutta High Court · 04 Nov 2024
    Calcutta High Court Upholds Deduction under Section 80IA(4) for Port Infrastructure Development, Affirms Validity of Agreements with Nodal Agencies

    Bothra Shipping Services Private Limited Vs PCIT

    (2024) TaxCorp(LJ) 34565 (HC-CALCUTTA) · Section 80-IA

  10. Direct Tax ·ITAT Chennai · 04 Nov 2024
    Chennai ITAT Determines Estimated Profits Are Sufficient; Further Disallowances Under Tax Codes Unwarranted

    Shri Irulandi Thevar Vetrivel Vs The ACIT

    (2024) TaxCorp(LJ) 34564 (ITAT-CHENNAI) · Sections 40A(3), 40(a)(ia)

  11. Direct Tax ·ITAT Chennai · 01 Nov 2024
    Chennai ITAT Invalidates Section 153C Notice for AY 2012-13: Clarity on Incriminating Material Requirement and Receipt Date

    KSJ Infrastructure Pvt. Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 34563 (ITAT-CHENNAI) · Sections 153, 153C

  12. Direct Tax ·ITAT Bangalore · 01 Nov 2024
    Bangalore ITAT Declares Penalty Imposition under Section 270A Invalid: Revenue Fails to Prove Under-reporting or Mis-reporting of Income

    IIFL Samasta Finance Limited Vs DCIT

    (2024) TaxCorp(LJ) 34562 (ITAT-BANGALORE)

  13. Direct Tax ·Kerala High Court · 04 Oct 2024
    Kerala HC Upholds Right of Assessees to File Applications for Settlement Under Section 245C Before Finance Act, 2021 Changes

    New Hope Foundation Vs Union of India

    (2024) TaxCorp(LJ) 34561 (HC-KERALA)

  14. Direct Tax ·Supreme Court · 04 Oct 2024
    Supreme Court Upholds the Mandatory Filing of Revised Returns, Restricting Assessing Officer's Authority

    M/s Shriram Investments Vs The Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34560 (SC)

  15. Direct Tax ·ITAT Mumbai · 01 Nov 2024
    ITAT Special Bench Rules on Capital Gains Tax: Long-Term Assets Taxed at 20% Rate under Section 112

    SKF India Limited Vs DCIT

    (2024) TaxCorp(LJ) 34559 (ITAT-MUMBAI)

  16. Direct Tax ·ITAT Mumbai · 03 Oct 2024
    Maharashtra Airports Development Co. Declared as State Entity: ITAT Exempts Interest Income from Taxation

    Maharashtra Airport Development Co. Ltd Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34558 (ITAT-MUMBAI)

  17. Direct Tax ·Supreme Court · 03 Oct 2024
    Supreme Court Upholds TOLA's Applicability to Income Tax Reassessment Notices

    Rajeev Bansal Vs Union of India & Ors.

    (2024) TaxCorp(LJ) 34557 (SC)

  18. Direct Tax ·ITAT Mumbai · 01 Oct 2024
    Mumbai ITAT Rules Assessment Order Invalid Due to Lack of Timely Digital Signature

    Bennett Coleman & Co Ltd Vs National Faceless Assessment Centre

    (2024) TaxCorp(LJ) 34556 (ITAT-MUMBAI)

  19. Direct Tax ·ITAT Ahmedabad · 04 Nov 2024
    Abolishing Revenue's Claim: ITAT Upholds Expenditure as Deductible for Business Operations

    Montecarlo Construction Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34555 (ITAT-AHMEDABAD) · Section 37

  20. Direct Tax ·Bombay High Court · 04 Nov 2024
    Bombay High Court Upholds Assessee’s Rights, Overturns Commissioner’s Rejection of Revision Application

    Bahar Infocons Pvt. Ltd Vs Principal Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34554 (HC-BOMBAY)

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