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Landmark Rulings

All landmark rulings

21,339 rulings

  1. Direct Tax ·Karnataka High Court · 23 Jun 2024
    Black Money Act's Retrospective Application Deemed Unconstitutional: Karnataka High Court's Landmark Ruling Shields Pre-2015 Offshore Assets

    Dhanashree Ravindra Pandit Vs THE INCOME TAX DEPARTMENT

    (2024) TaxCorp(LJ) 34147 (HC-KARNATAKA)

  2. Direct Tax ·ITAT Mumbai · 22 Jun 2024
    Mumbai ITAT Rules Corpus-Specific Voluntary Contributions as Non-Taxable Capital Receipts

    Gemmological Institute of India Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34146 (ITAT-MUMBAI) · Section 11

  3. Direct Tax ·ITAT Delhi · 22 Jun 2024
    Delhi ITAT Deletes Section 40A(3) Disallowance for Verifiable Cash Payments to Agents Under Rule 6DD(1)

    Narender Singh Vs ITO

    (2024) TaxCorp(LJ) 34145 (ITAT-DELHI) · Section 40A(3)

  4. Direct Tax ·ITAT Delhi · 22 Jun 2024
    Delhi ITAT Quashes Reassessment Due to Lack of Foundation Material for 'Reason to Believe'

    Santosh Khunteta Vs ITO

    (2024) TaxCorp(LJ) 34144 (ITAT-DELHI)

  5. Direct Tax ·ITAT Bangalore · 22 Jun 2024
    Bangalore ITAT Rules Interest from Co-operative Banks Not Eligible for Deduction Under Section 80P(2)(d)

    Brahmavara Vyavasaya Seva Vs ITO

    (2024) TaxCorp(LJ) 34143 (ITAT-BANGALORE) · Section 80P(2)(d)

  6. Direct Tax ·ITAT Nagpur · 21 Jun 2024
    Nagpur ITAT Upholds Revenue's Valuation, Rejects Assessee's Share Valuation Report in Section 56(2)(viib) Case

    Vedsidha Products Pvt. Ltd Vs Asstt. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34136 (ITAT-NAGPUR)

  7. Direct Tax ·Foreign · 21 Jun 2024
    Czech Republic Tax Resident's Broadcasting Rights Not Liable to Tax in India

    YOLT Services s.r.o. Vs Foreign Court Czech Republic

    (2024) TaxCorp(LJ) 34135 (FOREIGN)

  8. Direct Tax ·ITAT Delhi · 21 Jun 2024
    Delhi ITAT Upholds Mandatory Application of Section 144C, Quashes Final Assessment Order Passed Without Draft Order

    ADM Agro Industries Kota & Akola Pvt. Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34134 (ITAT-DELHI) · Section 144C

  9. Direct Tax ·ITAT Delhi · 21 Jun 2024
    Connectivity Charges Not FTS: Delhi ITAT Gives Relief to Huawei International

    Huawei International Co. Limited Vs ACIT

    (2024) TaxCorp(LJ) 34133 (ITAT-DELHI) · Section 9(1)(vii)

  10. Direct Tax ·Foreign · 20 Jun 2024
    US Supreme Court Upholds Constitutional Validity of Mandatory Repatriation Tax

    Moore Vs UNITED STATES

    (2024) TaxCorp(LJ) 34132 (FOREIGN)

  11. Direct Tax ·ITAT Mumbai · 20 Jun 2024
    Mumbai ITAT Upholds Sec.57 Disallowance for Interest Expenses Against Interest Income on Unrelated Capital Receipts

    Vinod D Chheda Vs ITO

    (2024) TaxCorp(LJ) 34131 (ITAT-MUMBAI) · Section 57

  12. Direct Tax ·ITAT Delhi · 20 Jun 2024
    Delhi ITAT Rules Section 50C Not Applicable to Leasehold Rights, Following Noida Cyber Park

    Shivdeep Tyagi Vs ITO

    (2024) TaxCorp(LJ) 34130 (ITAT-DELHI) · Section 50C

  13. Direct Tax ·ITAT Delhi · 20 Jun 2024
    Delhi ITAT Quashes Revision Order on Unexplained Cash Deposit Despite AO's Detailed Inquiry

    Dharam Singh Vs Pr.CIT

    (2024) TaxCorp(LJ) 34129 (ITAT-DELHI)

  14. Direct Tax ·Bombay High Court · 20 Jun 2024
    Bombay HC Upholds ITAT's Conditional Stay Directing Vodafone India to Deposit 20% of Demand

    Vodafone India Services Pvt. Ltd Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34128 (HC-BOMBAY)

  15. Direct Tax ·ITAT Ahmedabad · 19 Jun 2024
    Ahmedabad ITAT Upholds Transfer Validity Under Sec 2(47)(v) Despite Lack of Stamp Duty, Following Sanjeev Lal

    Umesh Sumanlal Shah Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34121 (ITAT-AHMEDABAD) · Section 2(47)(v)

  16. Direct Tax ·ITAT Kolkata · 19 Jun 2024
    Fraudulent Bank Accounts: ITAT Quashes Revision Order, Slams Revenue for Lack of Due Diligence

    Rajesh Kumar Jalan Vs Principal Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34120 (ITAT-KOLKATA) · Section 263

  17. Direct Tax ·ITAT Chennai · 19 Jun 2024
    Microsoft Utility License Fees Not Taxable as Royalty: Chennai ITAT

    Temenos Headquarters SA Vs DCIT

    (2024) TaxCorp(LJ) 34119 (ITAT-CHENNAI)

  18. Direct Tax ·P&H High Court · 18 Jun 2024
    Pawn Broker's Failure to Comply with Section 269SS Leads to Penalty under Section 271D

    R. K. Jewellers Vs Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34118 (HC-P&H) · Sections 269SS, 271D

  19. Direct Tax ·ITAT Bangalore · 18 Jun 2024
    Search and Seizure: ITAT Bangalore Quashes Assessment, Deletes Additions

    Ramachandra Setty & Sons Vs ITO

    (2024) TaxCorp(LJ) 34117 (ITAT-BANGALORE) · Section 153A

  20. Direct Tax ·Madras High Court · 17 Jun 2024
    HC - Madras HC Treats Sec.148A(d) Order as SCN, Sets Aside Single Judge Order, and Remands Matter with Partial Relief to Assessees.

    Satluj Credit & Holdings Private Limited Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34116 (HC-MADRAS) · Section 148A(d)

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