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Landmark Rulings

Direct Tax landmark rulings

15,774 rulings

  1. ITAT Delhi · 06 Jan 2025
    Delhi ITAT Upholds Section 80P Deductions for Co-operative Banks on Dividend Income, Rejects Revenue's Opposition Based on Licensing Issues

    Muzaffarnagar District Cooperative Bank Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34734 (ITAT-DELHI) · Section 80P

  2. ITAT Mumbai · 10 Jan 2025
    Reassessment Order Quashed on Grounds of Misalignment with Recorded Reasons

    Magnetic Properties Exim Pvt. Ltd Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34733 (ITAT-MUMBAI)

  3. ITAT Hyderabad · 15 Jan 2025
    Hyderabad ITAT Determines Sub-Contractor's Eligibility for 80IA(4) Deduction in Andhra Pradesh Irrigation Project

    Prathima Infrastructure Limited Vs The Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34732 (ITAT-HYDERABAD) · Section 80IA(4)

  4. ITAT Mumbai · 15 Jan 2025
    Mumbai ITAT Clarifies No TDS Liability on Related Party Transactions Involving Non-Convertible Debentures and Interest Rights

    Piramal Capital And Housing Finance Limited Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34731 (ITAT-MUMBAI) · Sections 193, 194A

  5. ITAT Bangalore · 03 Jan 2025
    Bangalore ITAT Rules Against Penalty for Delayed Tax Audit Report Filing; Emphasizes Absence of Malafide Intent and Technical Breach

    Sri Chinnayellappa Chandrashekar Vs ITO

    (2024) TaxCorp(LJ) 34730 (ITAT-BANGALORE)

  6. Delhi High Court · 03 Jan 2025
    Delhi HC Urges CBDT to Extend Direct Tax Vivad Se Vishwas Scheme to Taxpayers Amid Appeal Time Constraints

    NAVEEN KUMAR AGGARWAL Vs CENTRAL BOARD OF DIRECT TAXES & ANR

    (2024) TaxCorp(LJ) 34729 (HC-DELHI)

  7. ITAT Mumbai · 03 Jan 2025
    Mumbai ITAT Nullifies Penalty for Assessee, Upholding the Principle of Good Faith in Tax Compliance

    Chintan Sanjay Shah Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34728 (ITAT-MUMBAI) · Section 43

  8. ITAT Mumbai · 03 Jan 2025
    Mumbai ITAT Overrules Revenue’s Disallowance of Short-Term Capital Loss in Property Sale Case

    Shivang Arjun Desai Vs Dy.Commissioner of Income-tax

    (2024) TaxCorp(LJ) 34727 (ITAT-MUMBAI)

  9. ITAT Delhi · 01 Jan 2025
    Delhi ITAT Rules Compensation Received by Assessee as Capital Receipt: Non-Applicability of Section 28(ii)(b)

    Modi Entertainment Ltd Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34726 (ITAT-DELHI) · Section 28(ii)(b)

  10. ITAT Mumbai · 01 Jan 2025
    ITAT Mumbai Rules Favorably for Assessee, Cancels Section 68 Additions of Rs. 1.95 Cr from 23 Lenders, Upholds Interest Claims

    Gauranga Papers LLP Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34725 (ITAT-MUMBAI)

  11. ITAT Chennai · 01 Jan 2025
    Revisiting Tax Credit Claims: Chennai ITAT Remands Decision on Taxes Paid by Venture Capital Funds

    IDFC Limited Vs The Joint Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34724 (ITAT-CHENNAI) · Section 115U

  12. ITAT Mumbai · 01 Jan 2025
    Mumbai ITAT Rules in Favor of Assessee on Capital Gains Taxation, Reinforces Legitimacy of Tax Planning Strategies

    Ranu Vohra Vs ACIT

    (2024) TaxCorp(LJ) 34723 (ITAT-MUMBAI)

  13. ITAT Mumbai · 30 Dec 2024
    ITAT Mumbai Invalidates Reassessment Notice on Non-Existing Entity Following Supreme Court Precedents

    Carron Investment Private Limited Vs DCIT

    (2024) TaxCorp(LJ) 34722 (ITAT-MUMBAI)

  14. ITAT Jodhpur · 30 Dec 2024
    Bitcoin Gains Recognized as Capital Gains by Jodhpur ITAT Prior to AY 2022-23, Exemption Under Section 54F Allowed

    Raunaq Prakash Jain Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34721 (ITAT-JODHPUR)

  15. ITAT Delhi · 30 Dec 2024
    Delhi ITAT Confirms Non-Taxability of Offshore Business Receipts for Assessee Without PE in India

    Kreuz Challenger Pte Ltd Vs ACIT

    (2024) TaxCorp(LJ) 34720 (ITAT-DELHI) · Section 44BB

  16. ITAT Kolkata · 30 Dec 2024
    Kolkata ITAT Upholds Taxpayer Rights: Allows Foreign Tax Credit Claim Despite Delay in Form Submission

    Rahul Anand Vs ADIT CPC

    (2024) TaxCorp(LJ) 34719 (ITAT-KOLKATA)

  17. ITAT Delhi · 30 Dec 2024
    Tribunal Upholds Revenue's Authority on Penalty under Section 271AAB for Undisclosed Income

    Subhash Tyagi Vs DCIT

    (2024) TaxCorp(LJ) 34718 (ITAT-DELHI) · Section 271AAB

  18. ITAT Delhi · 01 Jan 2025
    ITAT Upholds PCIT Revision of Assessment Order on Taxability of Enhanced Compensation Interest

    Jagjit Singh Kataria Vs Principal CIT

    (2024) TaxCorp(LJ) 34717 (ITAT-DELHI) · Section 56(2)(viii)

  19. ITAT Delhi · 03 Jan 2025
    Demonetized Currency Seizure: SAFEMA Tribunal Confirms Attachment of Seized Cash Following Police Interception

    Nitin Gupta Vs The Initiating Officer DCIT (BPU)

    (2024) TaxCorp(LJ) 34716 (ITAT-DELHI)

  20. ITAT Mumbai · 27 Dec 2024
    Mumbai ITAT Rules in Favor of Assessee, Upholds Indexation Benefit for Shares of Foreign Subsidiary

    Aarav Fragrances and Flavors Private Limited Vs Dy. CIT

    (2024) TaxCorp(LJ) 34715 (ITAT-MUMBAI) · Section 48

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