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ITAT - Charitable Trust's Income from Marriage Halls Eligible for Section 11 Exemption: Chennai ITAT.
A.V.M. Charities Vs The Income Tax Officer
(2024) TaxCorp(LJ) 33677 (ITAT-CHENNAI) · Section 11
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HC - Reassessment: Valid Despite Delay in Furnishing Reasons if Initiated Timely, Rules Karnataka HC.
Bangalore Turf Club Limited Vs Union of India
(2024) TaxCorp(LJ) 33668 (HC-KARNATAKA)
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HC - Kerala HC Upholds Reassessment Based on Audit Objection Under New Regime, Rejects 'Change of Opinion' Plea.
Sree Narayana Guru Memorial Educational And Cultural Trust Vs The Assistant Commissioner of Income Tax
(2024) TaxCorp(LJ) 33648 (HC-KERALA)
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HC - Bombay HC Quashes Reassessment Proceedings Against Investor in JM Financial Mutual Fund, Finds No Nexus Between Reasons Recorded and Belief of Income Escapement.
Karan Maheshwari Vs Assistant Commissioner of Income Tax
(2024) TaxCorp(LJ) 33647 (HC-BOMBAY)
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ITAT - Ahmedabad ITAT Allows Salary to Partner's Relative, Holds Disallowance Requires Proof of Excessiveness or Unreasonableness.
M S Hostel Vs Deputy Commissioner of Income Tax
(2024) TaxCorp(LJ) 33646 (ITAT-AHMEDABAD)
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ITAT - Nagpur ITAT Holds Disallowance of Section 80P Deduction in ITR Processing Not Applicable Retrospectively.
Food Corporation of India Employees Co-op. Credit Society Limited Vs The ADIT, CPC
(2024) TaxCorp(LJ) 33645 (ITAT-NAGPUR)
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HC - Bombay HC Quashes Reassessment Proceedings Against Vibrant Securities, Holds 'Change of Opinion' and Lack of 'Live Link' Between Material and Belief.
Vibrant Securities Pvt. Ltd Vs Income Tax Officer
(2024) TaxCorp(LJ) 33644 (HC-BOMBAY)
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HC - Allahabad HC Rules Automatic Release of Seized Assets Not Mandatory After 120 Days, Directs Assessing Authority to Decide on Jeweller's Application.
Dipak Kumar Agarwal Vs Assessing Officer And others
(2024) TaxCorp(LJ) 33643 (HC-ALLAHABAD)
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ITAT(TM) - Delhi ITAT Third Member: CCTV Footage and Section 132(4) Statement Not Conclusive Evidence for Demonetised Cash Deposits, Quashes Assessment.
D.L. Heera Bhai Jewellery Arcade Pvt. Ltd Vs ACIT
(2024) TaxCorp(LJ) 33636 (ITAT-DELHI) · Section 132(4)
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HC - Delhi High Court: Photocopy of Document Lacks Evidentiary Value, Cannot Be Sole Basis for Income Tax Assessment.
Rashmi Rajiv Mehta Vs Principal Commissioner of Income Tax
(2024) TaxCorp(LJ) 33628 (HC-DELHI)
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Ahmedabad ITAT: Shell International's Intra-Group Services Not Fees for Technical Services (FTS) as 'Make Available' Clause Not Satisfied.
Shell International B.V. Vs DCIT
(2024) TaxCorp(LJ) 33627 (ITAT-AHMEDABAD)
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ITAT - Bangalore ITAT Deletes Google Ireland's Addition, Holds 'AdWords Rights' Receipts from Google India Not Royalty.
Google Ireland Ltd Vs The DCIT (IT), JCIT(OSD)(IT)
(2024) TaxCorp(LJ) 33626 (ITAT-BANGALORE)
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HC - Calcutta High Court Upholds Proceedings and Provisional Attachment Order Against Alleged Benamidar.
Krishna Sudama Marketing Private Limited Vs Union of India & Ors.
(2024) TaxCorp(LJ) 33619 (HC-CALCUTTA)
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Delhi ITAT: UK Grid Solutions Ltd Entitled to India-UK Treaty Benefits, Rejects Revenue's Reliance on BEPS Action 7.
UK Grid Solution Limited Vs DCIT
(2024) TaxCorp(LJ) 33618 (ITAT-DELHI)
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ITAT - Delhi ITAT: No Profit Attributable to Alleged PE if Indian AE Remunerated at Arm's Length Price, Follows Morgan Stanley Ruling.
AB Sciex Pte Ltd Vs ACIT
(2024) TaxCorp(LJ) 33617 (ITAT-DELHI)
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ITAT - Chennai ITAT Allows Deduction of Non-Rural Bad Debts Without Adjusting Rural Advances Provision, Upholds CSR Expenditure Disallowance.
City Union Bank Limited Vs Asst. Commissioner of Income Tax
(2024) TaxCorp(LJ) 33610 (ITAT-CHENNAI)
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HC - Delhi High Court Upholds Reassessment Proceedings Initiated Based on Information Regarding Misuse of Client Code Modification System.
Seema Gupta Vs Assistant Commissioner of Income Tax
(2024) TaxCorp(LJ) 33609 (HC-DELHI)
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HC - Delhi High Court Upholds Revision Under Section 263 for Lack of Proper Inquiry on Loan Transactions Despite DDIT (Inv.) Report.
Paramount Propbuild Pvt. Ltd Vs Pr. Commissioner of Income Tax
(2024) TaxCorp(LJ) 33608 (HC-DELHI)
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HC - Gujarat High Court Rules on Taxing Surrendered Income Without Incriminating Material Under Section 154.
Setco Automotive Ltd Vs The Principal Commissioner of Income Tax 1
(2024) TaxCorp(LJ) 33607 (HC-GUJARAT) · Section 154
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ITAT - Mumbai ITAT Holds Notional Interest Income Credited as per Ind AS Not Taxable in Absence of Contractual Obligation.
Kesar Terminals and Infrastructure Ltd Vs ACIT
(2024) TaxCorp(LJ) 33605 (ITAT-MUMBAI)
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