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Landmark Rulings

All landmark rulings

21,334 rulings

  1. Direct Tax ·Bombay High Court · 26 Aug 2024
    Bombay High Court Quashes Reassessment Notice Under Section 148, Citing Lack of Material Non-Disclosure by Assessee

    Aashish Niranjan Shah Vs Union of India

    (2024) TaxCorp(LJ) 34453 (HC-BOMBAY)

  2. Direct Tax ·Supreme Court · 26 Aug 2024
    Supreme Court Upholds Karnataka High Court Ruling on Assessment Validity, Dismissing Revenue's Special Leave Petition in Sunil Kumar Sharma Case

    Sunil Kumar Sharma Vs The Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34452 (SC)

  3. Direct Tax ·Bombay High Court · 24 Aug 2024
    Bombay HC Dismisses Criminal Charges Against Assessee and Directors for Late TDS Deposit Citing Lack of Procedural Compliance

    Hemant Mahipatray Shah and another Vs Anand Upadhyay and another

    (2024) TaxCorp(LJ) 34451 (HC-BOMBAY) · Sections 2(35), 276B

  4. Direct Tax ·Delhi High Court · 24 Aug 2024
    Delhi High Court Upholds ITAT Ruling: No Additional Tax on Assessee's Share Capital from Already Taxed Undisclosed Income

    Heritage Beverages Pvt. Ltd Vs Pr. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34450 (HC-DELHI)

  5. Direct Tax ·Allahabad High Court · 24 Aug 2024
    Allahabad HC Overturns Summoning Order; Insufficient Prima Facie Evidence Noted in Benami Property Case

    Keshav Lal Vs Union Of India

    (2024) TaxCorp(LJ) 34449 (HC-ALLAHABAD)

  6. Direct Tax ·Bombay High Court · 24 Aug 2024
    Bombay HC Dismisses Reassessment Notices for Non-Compliance with Faceless Assessment Mandate

    Tilak Ventures Ltd Vs The Union of India & Ors

    (2024) TaxCorp(LJ) 34448 (HC-BOMBAY)

  7. Direct Tax ·Bombay High Court · 23 Aug 2024
    Bombay HC Upholds Revenue’s Stance on Shipping Business Deductions Under Sections 33AC and 80-I

    Tolani Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 34447 (HC-BOMBAY) · Sections 33AC, 80-I

  8. Direct Tax ·ITAT Delhi · 23 Aug 2024
    Online Learning Platform's Revenue Not Taxable as Fees for Technical Services: Delhi ITAT

    Coursera Inc. Vs ACIT

    (2024) TaxCorp(LJ) 34446 (ITAT-DELHI)

  9. Direct Tax ·ITAT Pune · 23 Aug 2024
    Pune ITAT Upholds Reassessment Proceedings, Confirms Addition of Rs. 30 Cr as Unexplained Income Under Section 68

    Prasanna Purple Mobility Solutions Private Limited Vs ACIT

    (2024) TaxCorp(LJ) 34445 (ITAT-PUNE) · Section 68

  10. Direct Tax ·Delhi High Court · 22 Aug 2024
    Delhi High Court Orders Full TDS Credit to ESS Singapore Branch, Quashes AO's Restrictive Order

    ESS Singapore Branch Vs DCIT

    (2024) TaxCorp(LJ) 34444 (HC-DELHI)

  11. Direct Tax ·ITAT Delhi · 22 Aug 2024
    Delhi ITAT Rules: Joint Venture with 99.99% Share to be Taxed at Maximum Marginal Rate, 0.01% Share at 40% for Non-Resident Partner

    JV of TATA Projects Limited and Chint Electric Company Ltd Vs ITO

    (2024) TaxCorp(LJ) 34443 (ITAT-DELHI)

  12. Direct Tax ·ITAT Delhi · 22 Aug 2024
    Delhi Appellate Tribunal Dismisses Revenue's Appeal, Rules Against Benami Transaction in SPK Group Case

    Sivashankari & Anr Vs The Initiating Officer DCIT

    (2024) TaxCorp(LJ) 34442 (ITAT-DELHI)

  13. Direct Tax ·ITAT Delhi · 21 Aug 2024
    Delhi ITAT Rules in Favor of Tata Teleservices Ltd., Exempting Interest Payments to China Development Bank from Tax Deduction under India-China DTAA

    Tata Teleservices Ltd Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34441 (ITAT-DELHI)

  14. Direct Tax ·ITAT Mumbai · 21 Aug 2024
    Mumbai ITAT Dismisses Revenue's Appeal, Directs Deletion of Penalty Under Section 271(1)(c) for Lack of Willful Intention to Conceal Income

    Rohit Chatterji Vs DCIT

    (2024) TaxCorp(LJ) 34440 (ITAT-MUMBAI) · Section 271(1)(c)

  15. Direct Tax ·Delhi High Court · 21 Aug 2024
    Delhi High Court Quashes DRP Directions on Share Transfer Under Section 56(2)(viib), Remits Case for Fresh Examination

    FIS Payment Solutions And Services India Private Limited Vs THE UNION OF INDIA & ORS

    (2024) TaxCorp(LJ) 34439 (HC-DELHI) · Section 56(2)(viib)

  16. Direct Tax ·ITAT Ahmedabad · 20 Aug 2024
    Ahmedabad ITAT Rules Trust Income Not Subject to Maximum Marginal Tax Rate, Allows Deductions and TDS Credit

    Pashiben Prajapati Family Trust(DISC) Vs The Income-tax Officer

    (2024) TaxCorp(LJ) 34438 (ITAT-AHMEDABAD)

  17. Direct Tax ·ITAT Delhi · 20 Aug 2024
    Delhi Appellate Tribunal Upholds DCIT's Appeal, Declares Property Acquisitions as Benami Transactions

    Domendra Dhariwal & Anr Vs DCIT(BP)

    (2024) TaxCorp(LJ) 34437 (ITAT-DELHI)

  18. Direct Tax ·Bombay High Court · 20 Aug 2024
    Bombay HC Slams Jurisdictional Assessing Officer for Disregarding Binding Judgment, Imposes Costs on JAO and CCIT

    Samp Furniture Pvt. Ltd Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34436 (HC-BOMBAY)

  19. Direct Tax ·ITAT Mumbai · 17 Aug 2024
    Mumbai ITAT Rules KPMG’s Payments to Non-Resident Agency Exempt from Taxation under DTAA Articles 14 and 22

    KPMG Assurance and Consulting Services LLP Vs Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34435 (ITAT-MUMBAI)

  20. Direct Tax ·ITAT Bangalore · 17 Aug 2024
    Bangalore ITAT Rules on Foreign Currency Expenditures Excluded from Export Turnover Under Sections 10A/10AA

    IBM Global Services India Private Ltd. Vs The DCIT

    (2024) TaxCorp(LJ) 34434 (ITAT-BANGALORE) · Section 10AA

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