All landmark rulings

21,374 rulings

Desk: Both Direct Tax GST

Direct Tax ·ITAT Ahmedabad · 19 Oct 2023
ITAT - Ahmedabad ITAT Restores TP Adjustment Case; Emphasizes on Assessee's Consistency and Valid Documentation.
SHELL GLOBAL SOLUTIONS INTERNAT IONAL BV, C/O. BSR ASSOCIATES & LLP VERSUS DEPUTY COMMISSIONER OF INCOME TAX, INTERNATIONAL TAXATION-I, AHMEDABAD
(2023) TaxCorp(LJ) 32569 (ITAT-AHMEDABAD) · https://taxcorp.in/FileOpenDT.aspx?ID=107769&Category=ITAT&CategoryType=Zip
Direct Tax ·ITAT Jaipur · 19 Oct 2023
ITAT - Pune ITAT Vacates Penalty based on Section 50C; References Bombay High Court's Stance on Stamp Duty Valuation Adjustments.
SUBHASH CHAND PATNI VERSUS INCOME TAX OFFICER JAIPUR
(2023) TaxCorp(LJ) 32567 (ITAT-JAIPUR) · https://taxcorp.in/FileOpenDT.aspx?ID=107779&Category=ITAT&CategoryType=Zip
Direct Tax ·Delhi High Court · 18 Oct 2023
HC - Delhi HC Overturns Assessment Order: Highlights Importance of Draft Order Procedures.
Sinogas Management Pte Ltd Vs DEPUTY COMMISSIONER OF INCOME TAX & ANR.
(2023) TaxCorp(LJ) 32563 (HC-DELHI) · Section 144C
Direct Tax ·Misc · 17 Oct 2023
ACMM court - Gautam Khaitan Discharged from Tax-Evasion Charges: Income Assessed under BMA Not Liable for Reassessment under ITA.
Gautam Khaitan Vs INCOME TAX OFFICE
(2023) TaxCorp(LJ) 32561 (MISC)
Direct Tax ·ITAT Mumbai · 17 Oct 2023
ITAT - Mumbai ITAT Rules: No Survivability for Section 143(1) Adjustments Absent Corresponding Assessment Additions.
National Stock Exchange of India Limited Vs DCIT
(2023) TaxCorp(LJ) 32554 (ITAT-MUMBAI) · Section 143(1)
Direct Tax ·ITAT Delhi · 17 Oct 2023
ITAT - Delhi ITAT Provides Relief to Mauritian Entity: Stays Rs.101 Cr. Demand with 20% Bank Guarantee.
AEP Investments (Mauritius) Ltd Vs ACIT
(2023) TaxCorp(LJ) 32553 (ITAT-DELHI)
Direct Tax ·ITAT Delhi · 17 Oct 2023
ITAT - Delhi Tribunal Dismisses Appeal: Company's Cash Transactions Contravene Sections 269SS & 269T; Directors' Ignorance No Excuse.
M/S. SOFITRA IMPEX (P) LTD. VERSUS ACIT, RANGE-9 NEW DELHI
(2023) TaxCorp(LJ) 32552 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=107756&Category=ITAT&CategoryType=Zip
Direct Tax ·ITAT Mumbai · 16 Oct 2023
ITAT - Mumbai ITAT Backs Assessee: Non-disclosure of Interest on Tax-refund in ITR is 'Bona Fide'; Negates Sec.270A Penalty.
Kavita Jasjit Singh Vs Commissioner of Income Tax (Appeals)
(2023) TaxCorp(LJ) 32546 (ITAT-MUMBAI) · Section 270A
Direct Tax ·Allahabad High Court · 14 Oct 2023
HC - Allahabad HC Upholds Reassessment Proceedings: Cites SC's Anshul Jain Verdict as Precedent.
Vivek Saran Agarwal Vs Union Of India And 3 Others
(2023) TaxCorp(LJ) 32537 (HC-ALLAHABAD)
Direct Tax ·Delhi High Court · 14 Oct 2023
HC - Delhi HC Pushes Revenue for Quick Refunds: Exchequer's Growing Burden Under Spotlight.
AON Consulting Private Limited Vs DEPUTY COMMISSIONER OF INCOME TAX
(2023) TaxCorp(LJ) 32536 (HC-DELHI)
Direct Tax ·Madras High Court · 14 Oct 2023
HC - Madras HC Dismisses Appeal Due to 1072 Days' Delay: Assessee's 'Rip Van Winkle' Attitude Not Countenanced.
Royal Stitches P Ltd Vs The Deputy Commissioner of Income Tax
(2023) TaxCorp(LJ) 32535 (HC-MADRAS)
Direct Tax ·ITAT Chennai · 14 Oct 2023
ITAT - Chennai ITAT Classifies Investment Promotion Subsidy as Capital Receipt: Landmark Decision Sets Precedent for Manufacturers.
Hyundai Motor India Limited Vs The Asst. Commissioner of Income Tax
(2023) TaxCorp(LJ) 32533 (ITAT-CHENNAI)
Direct Tax ·ITAT Chandigarh · 13 Oct 2023
ITAT - Chandigarh ITAT Upholds Assessee's Right to Choose Valuation Method; Sets Precedent on Loan-to-Equity Conversions.
I.A. Hydro Energy Pvt. Ltd Vs The ACIT
(2023) TaxCorp(LJ) 32526 (ITAT-CHANDIGARH) · Section 56(2)(viib)
Direct Tax ·Gujarat High Court · 13 Oct 2023
HC - Right-Shares Allotment Not Taxable Under Sec.56(2)(vii)(c): Gujarat HC Clarifies Distinction Between Creation and Transfer.
Jigar Jashwantlal Shah Vs THE PRINCIPAL COMMISSIONER OF INCOME TAX 1
(2023) TaxCorp(LJ) 32525 (HC-GUJARAT) · Section 56(2)(vii)(c)
Direct Tax ·ITAT Hyderabad · 13 Oct 2023
ITAT - Hyderabad Tribunal Upholds SBI Short-Term Rate for TP Adjustments, Dismisses Appeal for Applying LIBOR + 200 Basis Points.
HM CLAUSE INDIA PRIVATE LIMITED VERSUS DCIT, CIRCLE-2 (1) , HYDERABAD.
(2023) TaxCorp(LJ) 32523 (ITAT-HYDERABAD) · https://taxcorp.in/FileOpenDT.aspx?ID=107645&Category=ITAT&CategoryType=Zip
Direct Tax ·ITAT Delhi · 13 Oct 2023
ITAT - Delhi Tribunal Allows Assessee's Appeal, Holds Receipts Not Taxable as FTS Under India-Portugal DTAA Provisions.
ALUMINIUM PECHINEY, C/O- CA, PRAVEEN GAMBHIR VERSUS DCIT, CIRCLE-1 (1) (1) , INTERNATIONAL TAXATION, NEW DELHI
(2023) TaxCorp(LJ) 32522 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=107646&Category=ITAT&CategoryType=Zip
Direct Tax ·ITAT Raipur · 13 Oct 2023
ITAT - Raipur Tribunal Annuls Addition Based on Retracted Statement, Emphasizing the Need for Credible Evidence in Reassessment Cases.
THE ASSISTANT COMMISSIONER OF INCOME TAX (CENTRAL) , BILASPUR VERSUS M/S. JAGANNATHDAS HARICHANDMAL JEWELLERS PVT. LTD.
(2023) TaxCorp(LJ) 32521 (ITAT-RAIPUR) · https://taxcorp.in/FileOpenDT.aspx?ID=107648&Category=ITAT&CategoryType=Zip
Direct Tax ·Delhi High Court · 12 Oct 2023
HC - Delhi High Court Sides with Assessee, Dismisses Revenue's Allegations of Financial Missteps Involving Mauritian Entity.
Azure Retreat Pvt Ltd Vs PR. COMMISSIONER OF INCOME TAX
(2023) TaxCorp(LJ) 32517 (HC-DELHI) · Section 68
Direct Tax ·AP High Court · 12 Oct 2023
HC - Unpaid Tax Attracts Interest from Original Demand Notice, AP High Court Affirms.
A.S. Krishna And Company Private Limited Vs DCIT
(2023) TaxCorp(LJ) 32516 (HC-AP) · Section 220(2)
Direct Tax ·ITAT Pune · 12 Oct 2023
ITAT - Pune ITAT Validates the Use of Project Completion Method by a Real-Estate Developer, Rebuffing Revenue’s Proposition for Percentage Completion Method.
S.S. Group, 9, Siddhivinayak Vs ACIT
(2023) TaxCorp(LJ) 32515 (ITAT-PUNE)

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