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Landmark Rulings

All landmark rulings

21,339 rulings

  1. Direct Tax ·ITAT Mumbai · 30 May 2024
    Mumbai ITAT Dismisses Revenue’s Miscellaneous Application, Upholds Earlier Judgment on PF and ESIC Contributions

    ANI Integrated Services Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34003 (ITAT-MUMBAI)

  2. Direct Tax ·ITAT Chennai · 30 May 2024
    Chennai ITAT Sets Aside Rs. 10.92 Cr Penalty Under Section 270A(9) for Lack of Specificity in Penalty Notice

    Enrica Enterprises Pvt. Ltd Vs The Dy. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34002 (ITAT-CHENNAI)

  3. Direct Tax ·ITAT Surat · 30 May 2024
    ITAT Surat Rules on Allowable Expenditure for Partner's Remuneration and Interest: Partial Deduction Granted for Car Expenses

    RAJESH NATVARLAL NARIELWALA VERSUS THE ACIT, CIRCLE -1, BHARUCH

    (2024) TaxCorp(LJ) 34001 (ITAT-SURAT) · https://taxcorp.in/FileOpenDT.aspx?ID=111773&Category=ITAT&CategoryType=Zip

  4. Direct Tax ·ITAT Mumbai · 30 May 2024
    ITAT Mumbai: IBC 2016 Prevails Over Income Tax Act, Assessee's Appeal Restored for Adjudication on Merits Despite Liquidation Process

    M/S VARUN RESOURCES LIMITED VERSUS INCOME TAX OFFICER 5 (3) (1) , MUMBAI

    (2024) TaxCorp(LJ) 33999 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=111775&Category=ITAT&CategoryType=Zip

  5. Direct Tax ·Calcutta High Court · 30 May 2024
    Calcutta High Court Upholds Validity of Reassessment Proceedings, Overturns ITAT's Perverse Finding on Change of Opinion

    PRINCIPAL COMMISSIONER OF INCOME TAX, KOLKATA-III, KOLKATA VS M/S. I.T.C. LIMITED

    (2024) TaxCorp(LJ) 33997 (HC-CALCUTTA) · https://taxcorp.in/FileOpenDT.aspx?ID=92587&Category=Judgment&CategoryType=Zip

  6. Direct Tax ·ITAT Mumbai · 29 May 2024
    Mumbai ITAT Quashes Assessment Order Passed Pursuant to Quashed Revision Order, Upholds Principle of Finality in Litigation

    Tata Housing Development Company Limited Vs ACIT

    (2024) TaxCorp(LJ) 33995 (ITAT-MUMBAI)

  7. Direct Tax ·Delhi High Court · 29 May 2024
    Delhi HC Dismisses Revenue’s Appeal, Holds Interest Received by Bank of Tokyo-Mitsubishi UFJ's Indian PE Not Taxable in India Under India-USA DTAA

    The Bank Of Tokyo-Mitsubishi Ufj Ltd Vs The Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33994 (HC-DELHI)

  8. Direct Tax ·Delhi High Court · 29 May 2024
    Delhi High Court Upholds Taxability of Guarantee Charges in India, Dismisses Assessee's Appeals

    Johnson Matthey Public Limited Vs Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33993 (HC-DELHI)

  9. Direct Tax ·ITAT Delhi · 28 May 2024
    Delhi ITAT Allows Sec 80G Deduction on CSR Expenditure, Holds it Voluntary Sans Reciprocal Commitment

    Interglobe Technology Quotient Private Limited Vs ACIT

    (2024) TaxCorp(LJ) 33989 (ITAT-DELHI) · Section 80G

  10. Direct Tax ·Bombay High Court · 28 May 2024
    Bombay HC Rules Transit Rent Paid by Developer to Flat Owner/Tenant on Dispossession Not a Revenue Receipt, TDS Not Applicable

    Sarfaraz S. Furniturewalla Vs Afshan Sharfali Ashok Kumar & Ors.

    (2024) TaxCorp(LJ) 33988 (HC-BOMBAY)

  11. Direct Tax ·ITAT Bangalore · 28 May 2024
    Bangalore ITAT Allows Sec 80P Deductions to Non-Banking Co-operative Societies, Disallows Interest on Employee Loans and Remits Investment Interest/Dividend

    The Karnataka State Co-operative Agriculture and Rural Development Bank Ltd Vs The ITO

    (2024) TaxCorp(LJ) 33987 (ITAT-BANGALORE) · Section 80P

  12. Direct Tax ·Kerala High Court · 28 May 2024
    Kerala HC Upholds Disallowance of Interest Expense on Loan Used for Purchasing Agricultural Land Yielding Exempt Income

    M/S. MINI MUTHOOTTU CREDIT INDIA (P) LTD. VERSUS THE COMMISSIONER OF INCOME TAX

    (2024) TaxCorp(LJ) 33984 (HC-KERALA) · https://taxcorp.in/FileOpenDT.aspx?ID=92579&Category=Judgment&CategoryType=Zip

  13. Direct Tax ·Delhi High Court · 28 May 2024
    Delhi High Court Rules on Reimbursement of Software Costs, Expatriate Salaries, and Lease Registration Charges

    COMMISSIONER OF INCOME TAX VERSUS BENETTON INDIA PVT. LTD.

    (2024) TaxCorp(LJ) 33983 (HC-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=92580&Category=Judgment&CategoryType=Zip

  14. Direct Tax ·Calcutta High Court · 28 May 2024
    Calcutta High Court Rules Sales Tax Incentive Received Under West Bengal Incentive Scheme 2000 as Capital Receipt

    PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA VERSUS M/S. BUDGE BUDGE REFINERIES LIMITED

    (2024) TaxCorp(LJ) 33982 (HC-CALCUTTA) · https://taxcorp.in/FileOpenDT.aspx?ID=92581&Category=Judgment&CategoryType=Zip

  15. Direct Tax ·Supreme Court · 28 May 2024
    Supreme Court Waives Interest on Tax Demand for Period After Commencement of New Telecom Policy 1999

    C.I.T. DELHI VERSUS BHARTI HEXACOM LTD.

    (2024) TaxCorp(LJ) 33981 (SC) · https://taxcorp.in/FileOpenDT.aspx?ID=92582&Category=Judgment&CategoryType=Zip

  16. Direct Tax ·ITAT Mumbai · 27 May 2024
    Mumbai ITAT Rules Speaking Order Not Necessary for Adjustment Under Sec 143(1)(a) Based on Tax Audit Report

    Joyo Plastics Vs ACIT

    (2024) TaxCorp(LJ) 33980 (ITAT-MUMBAI) · Section 143(1)(a)

  17. Direct Tax ·Kerala High Court · 27 May 2024
    Kerala HC Allows Stock Valuation Based on LIFO for Assessees Who Filed ROI Before Enactment of Retrospective Substitution of Sec 145A

    P.A.JOSE Vs UNION OF INDIA

    (2024) TaxCorp(LJ) 33979 (HC-KERALA) · Section 145A

  18. Direct Tax ·ITAT Mumbai · 25 May 2024
    Mumbai ITAT Allows 100% Deduction for Sec 80G(2)(a)(iiif) Donation, Upholds Sec 80GGA Claim Clubbed with Sec 80G in ITR

    RD Tata Trust Vs The Asst. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33972 (ITAT-MUMBAI) · Sections 80G(4), 80G(2)(a)(iiif), 80GGA

  19. Direct Tax ·ITAT Bangalore · 25 May 2024
    Bangalore ITAT Rules Ad Hoc Disallowance of Expenses Without Documentary Evidence Must Be Based on Scientific & Rational Method

    Nama Venkataramanaswamy Narayan Babu Vs The Asst. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33971 (ITAT-BANGALORE)

  20. Direct Tax ·ITAT Delhi · 25 May 2024
    Delhi ITAT Rules CRM Services Are Neither FTS Nor Royalty Under Income Tax Act and India-Singapore DTAA

    Salesforce.com Singapore Pte Ltd Vs ACIT

    (2024) TaxCorp(LJ) 33970 (ITAT-DELHI)

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