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Landmark Rulings

All landmark rulings

21,339 rulings

  1. Direct Tax ·ITAT Mumbai · 18 May 2024
    Mumbai ITAT Rules on Applicability of Section 194LBC on 'Excess Interest Spread' Paid by Securitisation Trust

    Syamantaka IFMR Capital 2017 Vs Income Tax Officer

    (2024) TaxCorp(LJ) 33916 (ITAT-MUMBAI) · Section 194LBC

  2. Direct Tax ·ITAT Mumbai · 18 May 2024
    Mumbai ITAT Holds Rectification Order Passed on Non-Existent Entity Despite Knowledge of Merger, Non-Est

    IDBI Bank Ltd Vs DCIT

    (2024) TaxCorp(LJ) 33915 (ITAT-MUMBAI)

  3. Direct Tax ·ITAT Pune · 18 May 2024
    Pune ITAT Holds Indication of Disallowance in Tax Audit Sine Qua Non to Invoke Sec. 143(1)(a)(iv)

    Sandvik Coromant India Pvt. Ltd Vs The Dy.Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33914 (ITAT-PUNE) · Section 143(1)(a)(iv)

  4. Direct Tax ·Foreign · 17 May 2024
    Italian Tax Authorities Deny Refund to Italian National Working in UAE Due to Lack of Tax Residency Certificate and Evidence of Taxes Paid

    Livio Orlandi Contucci (Case 5) Vs Foreign Court Italy

    (2024) TaxCorp(LJ) 33913 (FOREIGN)

  5. Direct Tax ·AP High Court · 17 May 2024
    HC - Telangana High Court Quashes CIT(E)'s "Mechanical Order" Refusing to Condone Delay in Submitting Form-10B, Remits Matter

    Global Organisation for Development Vs Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33912 (HC-AP)

  6. Direct Tax ·ITAT Chennai · 16 May 2024
    Chennai ITAT held that Customers' Identification & Liaisoning Tantamounts to Marketing Services, Not Taxable as 'Fees for Included Services'

    Laserwords US Inc. Vs The Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33906 (ITAT-CHENNAI)

  7. Direct Tax ·ITAT Raipur · 15 May 2024
    Raipur ITAT Rejects Additional Evidence & Request for De Novo Adjudication, Holds Appeal Non-Maintainable

    C.G. Iron Private Limited Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33905 (ITAT-RAIPUR)

  8. Direct Tax ·ITAT Amritsar · 16 May 2024
    ITAT - Amritsar ITAT Sets Aside Addition u/s 68, Remands Matter to AO for Examining Creditworthiness of Loan Creditor.

    AJMER SINGH PROP. M/S NIRVANA RESORT AND SPA VERSUS ITO, WARD-1, HOSHIARPUR. PUNJAB

    (2024) TaxCorp(LJ) 33904 (ITAT-AMRITSAR) · https://taxcorp.in/FileOpenDT.aspx?ID=111556&Category=ITAT&CategoryType=Zip

  9. Direct Tax ·Calcutta High Court · 16 May 2024
    HC - Calcutta HC: Share Application Money and its Repayment Not Loan or Deposit, Sections 269SS/269T Not Attracted.

    COMMISSIONER OF INCOME TAX, CENTRAL-III, KOLKATA VERSUS M/S. VAMSHI CHEMICALS LTD.

    (2024) TaxCorp(LJ) 33899 (HC-CALCUTTA) · https://taxcorp.in/FileOpenDT.aspx?ID=92508&Category=Judgment&CategoryType=Zip

  10. Direct Tax ·Bombay High Court · 15 May 2024
    HC - Bombay High Court Quashes Reassessment Notice Based Solely on DG-GST Information, Directs Fresh Consideration by New Assessing Officer.

    KEC International Ltd Vs The Union of India

    (2024) TaxCorp(LJ) 33898 (HC-BOMBAY)

  11. Direct Tax ·Bombay High Court · 15 May 2024
    HC - Bombay High Court Quashes Reassessment Proceedings as Taxability of NCD-Interest on Receipt Basis Accepted During Assessment.

    Upesi Ventures Ltd Vs The Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33897 (HC-BOMBAY)

  12. Direct Tax ·ITAT Delhi · 15 May 2024
    ITAT - Delhi ITAT Quashes Assessment Order for Non-Implementation of DRP Directions on Royalty/FTS Receipts.

    HOME CREDIT INTERNATIONAL A.S. CZECH REPUBLIC VERSUS ASSISTANT DEPUTY COMMISSIONER OF INCOME TAX, INTERNATIONAL TAXATION, GURGAON

    (2024) TaxCorp(LJ) 33896 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=111534&Category=ITAT&CategoryType=Zip

  13. Direct Tax ·Jharkhand High Court · 15 May 2024
    HC - Jharkhand HC Upholds Special Audit Under Sec 142(2A): AO's Satisfaction Not Open to Judicial Scrutiny, Rules Interests of Revenue Paramount.

    SALUJA STEEL AND POWER PRIVATE LIMITED VERSUS UNION OF INDIA, ADDITIONAL COMMISSIONER OF INCOME TAX (CENTRAL) , RANGE-II, RANCHI, ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, DHANBAD

    (2024) TaxCorp(LJ) 33895 (HC-JHARKHAND) · https://taxcorp.in/FileOpenDT.aspx?ID=92482&Category=Judgment&CategoryType=Zip

  14. Direct Tax ·Bombay High Court · 15 May 2024
    HC - Bombay High Court Quashes Reopening of Assessment, Holds AO's Change of Opinion Not a Valid Reason to Believe Income Escaped Assessment.

    UPESI VENTURES LTD., VERSUS THE ASSISTANT COMMISSIONER OF INCOME TAX, (INTERNATIONAL TAXATION) , CIRCLE-4 (3) (1) , MUMBAI, THE COMMISSIONER OF INCOME TAX (INTERNATIONAL TAXATION) -4, MUMBAI, THE UNION OF INDIA.

    (2024) TaxCorp(LJ) 33894 (HC-BOMBAY) · https://taxcorp.in/FileOpenDT.aspx?ID=92483&Category=Judgment&CategoryType=Zip

  15. Direct Tax ·Bombay High Court · 15 May 2024
    HC - Bombay High Court Quashes Notices Issued by JAO Under Section 148, Extends Benefit of Hexaware Technologies Judgment.

    HITESH RAMNIKLAL SHAH VERSUS THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-23 (1) , MUMBAI & ORS.

    (2024) TaxCorp(LJ) 33893 (HC-BOMBAY) · https://taxcorp.in/FileOpenDT.aspx?ID=92484&Category=Judgment&CategoryType=Zip

  16. Direct Tax ·Gauhati High Court · 15 May 2024
    HC - Gauhati High Court Quashes Sec 263 Revision, Holds PCIT's Action Based on Subordinate's Proposal Without Independent Application of Mind.

    KARAN JAIN VERSUS THE UNION OF INDIA, THE PRINCIPAL COMMISSIONER INCOME TAX GUWAHATI, THE JOINT COMMISSIONER INCOME TAX RANGE 1 GUWAHATI, ASSISTANT COMMISSIONER INCOME TAX CIRCLE 1 GUWAHATI.

    (2024) TaxCorp(LJ) 33892 (HC-GAUHATI) · https://taxcorp.in/FileOpenDT.aspx?ID=92485&Category=Judgment&CategoryType=Zip

  17. Direct Tax ·Bombay High Court · 15 May 2024
    HC - Bombay High Court Upholds ITAT's Decision to Delete Addition of Share Application Money, Holds Assessee Discharged Burden of Proving Genuineness.

    THE COMMISSIONER OF INCOME TAX “CENTRAL CIRCLE”, PANAJI, GOA. VERSUS M/S PRIMESLOTS PROPERTIES PVT. LTD.

    (2024) TaxCorp(LJ) 33891 (HC-BOMBAY) · https://taxcorp.in/FileOpenDT.aspx?ID=92486&Category=Judgment&CategoryType=Zip

  18. Direct Tax ·ITAT Chennai · 14 May 2024
    ITAT - Chennai ITAT Holds Final Order Time-Barred, Passed Beyond Sec.144C(13) Limitation; Explains Ambit of DRP's Powers.

    Conferencecall – Services India Pvt. Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 33890 (ITAT-CHENNAI) · Section 144C(13)

  19. Direct Tax ·ITAT Delhi · 13 May 2024
    Delhi High Court Sets Aside Assessment Order Making Additions Based Merely on CBIC Information, Remits Matter for Fresh Adjudication

    Bausch And Lomb India Private Limited Vs ASSESSMENT UNIT, NATIONAL FACELESS ASSESSMENT CENTRE

    (2024) TaxCorp(LJ) 33883 (ITAT-DELHI)

  20. Direct Tax ·ITAT Delhi · 13 May 2024
    ITAT - Delhi ITAT Characterizes Rs. 113.41 Cr. Received by Volvo Sweden as FTS, Rejects Plea for Consistency

    Volvo Information Technology AB Vs DCIT

    (2024) TaxCorp(LJ) 33882 (ITAT-DELHI)

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