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Landmark Rulings

Direct Tax landmark rulings

15,774 rulings

  1. ITAT Chennai · 22 Jan 2025
    Chennai ITAT Reverses CIT(A) Decision, Denies Deduction Under Section 10A Due to Defective Form 56F

    Future Software Private Limited Vs The Assistant Commissioner of Income Tax

    (2025) TaxCorp(LJ) 34774 (ITAT-CHENNAI)

  2. ITAT Kolkata · 22 Jan 2025
    Kolkata ITAT Upholds CIT(A) Ruling, Deleting Black Money Act Additions and Penalties for Assessment Years 2014-15 to 2016-17

    Vikash Marda Vs JCIT

    (2025) TaxCorp(LJ) 34773 (ITAT-KOLKATA)

  3. ITAT Rajkot · 22 Jan 2025
    Rajkot ITAT Upholds Assessee's Position in Amalgamation Case, Dismisses Claims for Additional Tax Liability Under Section 56(2)

    Rajoo Engineers Ltd Vs DCIT

    (2025) TaxCorp(LJ) 34772 (ITAT-RAJKOT)

  4. ITAT Bangalore · 22 Jan 2025
    Bangalore ITAT Rules Severance Compensation Taxable as Salary Under Section 17(3)(i)

    Shivabasappa Kariyappanavar Vs ITO

    (2024) TaxCorp(LJ) 34771 (ITAT-BANGALORE) · Section 17(3)(i)

  5. ITAT Delhi · 27 Jan 2025
    Delhi ITAT Rules Cloud-Native Data Analytics Solutions Receipts Are Not FTS under India-USA DTAA, Aligning with Coursera Inc Ruling

    Sumo Logic, Inc. Vs ACIT

    (2024) TaxCorp(LJ) 34770 (ITAT-DELHI)

  6. Madras High Court · 27 Jan 2025
    Madras HC Upholds High Pitched Assessment Process, Dismisses Assessee's Writ Petitions

    Bee Cee Fireworks Industries Vs The Principal Chief Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34769 (HC-MADRAS)

  7. Chhattisgarh High Court · 27 Jan 2025
    Chhattisgarh High Court Condoned Delay in Filing Appeal Before ITAT, Restores Case for Re-examination on Merits

    Navodit Samaj Sevi Sanstha, Charama Vs ITO

    (2024) TaxCorp(LJ) 34768 (HC-CHHATTISGARH)

  8. ITAT Jodhpur · 29 Jan 2025
    Jodhpur ITAT Dismisses Revision under Section 263, Upholding AO's Plausible Assessment of Deductions Claimed

    Rakesh Kumar Doshi Vs The PCIT

    (2024) TaxCorp(LJ) 34767 (ITAT-JODHPUR) · Sections 57, 263

  9. ITAT Chennai · 29 Jan 2025
    Chennai ITAT Rules in Favor of Assessee: Allows Deduction for Foreign Exchange Fluctuation Loss on Currency Loan for Fixed Asset Acquisition

    Sundram Fasteners Ltd Vs The ACIT

    (2024) TaxCorp(LJ) 34766 (ITAT-CHENNAI) · Sections 37(1), 43A

  10. ITAT Mumbai · 29 Jan 2025
    Mumbai ITAT Strikes Down Reassessment Under Section 148 for Failure to Address Assesse's Objections, Violating Established Legal Precedents

    UTI Asset Management Company Limited Vs DCIT

    (2024) TaxCorp(LJ) 34765 (ITAT-MUMBAI)

  11. ITAT Cochin · 29 Jan 2025
    Cochin ITAT Upholds Section 80P Deduction for Cooperative Society’s FD Interest Income, Distinguishing Key Jurisprudence

    Palakkad Service Cooperative Bank Ltd Vs The Income Tax Officer

    (2024) TaxCorp(LJ) 34764 (ITAT-COCHIN)

  12. ITAT Mumbai · 20 Jan 2025
    Mumbai ITAT Rules Transfer Expenses as Deductible in Computation of Capital Gains on Slump Sale: Reassessment of Larsen and Toubro Ltd Overturned

    Larsen and Toubro Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34763 (ITAT-MUMBAI) · Sections 48, 50B

  13. Delhi High Court · 20 Jan 2025
    Delhi High Court Affirms Assessee’s Long-term Capital Gains Exemption Under Section 10(38), Dismissing Revenue’s Claims

    Hespera Reality Pvt. Ltd Vs The PCIT

    (2024) TaxCorp(LJ) 34762 (HC-DELHI) · Sections 10(38), 115JB

  14. ITAT Rajkot · 20 Jan 2025
    Rajkot ITAT Upholds Assessee's Claim for Deduction Under Provisions Relating to Bad Debts and Reserves

    Jivan Commercial Co-operative Bank Ltd Vs The ACIT

    (2024) TaxCorp(LJ) 34761 (ITAT-RAJKOT) · Section 36(1)(vii)

  15. ITAT Raipur · 20 Jan 2025
    Raipur ITAT Strikes Down Invalid Assessment Order Due to Lack of Jurisdiction in Sanctioning Authority under Section 151

    Keshri Rice Industries Vs Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34760 (ITAT-RAIPUR) · Sections 144, 144B, 147, 151

  16. ITAT Jaipur · 20 Jan 2025
    Jaipur ITAT Rules Agency Relationship Does Not Exist, Overturns Rs 30.18 Lakhs Disallowance

    Nikhil Sharma Vs ITO

    (2024) TaxCorp(LJ) 34759 (ITAT-JAIPUR) · Section 40(a)(ia)

  17. ITAT Delhi · 20 Jan 2025
    ITAT Rules Washout Charges of ₹10.58 Cr Not Taxable in India for Assessee Lacking Permanent Establishment

    Cargill International Trading Pvt Ltd Vs The A.C.I.T

    (2024) TaxCorp(LJ) 34758 (ITAT-DELHI)

  18. Bombay High Court · 29 Jan 2025
    Bank of India Secures Legal Victory: High Court Affirms Deduction for Broken Period Interest in HTM Securities Purchase

    Bank of India Vs ACIT

    (2024) TaxCorp(LJ) 34757 (HC-BOMBAY)

  19. Bombay High Court · 13 Feb 2025
    Writ Petition Granted: Bombay HC Nullifies Assessment Order Due to Expired Limitation Period

    Wavy Construction LLP Vs ACIT

    (2024) TaxCorp(LJ) 34756 (HC-BOMBAY) · Sections 147, 153

  20. Delhi High Court · 09 Apr 2025
    Delhi High Court Nullifies Impugned Certificate Under DTVSV Act, Confirming Finality of Settlements Made by Tax Declarants

    S A N Garments Manufacturing Private Limited Vs Pr Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34755 (HC-DELHI)

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