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Landmark Rulings

Direct Tax landmark rulings

15,774 rulings

  1. ITAT Chennai · 26 Dec 2024
    ITAT Reinstates IDFC Financial Holdings' Advance Tax Liability, Denies Interest Addition under Section 234C

    IDFC Financial Holdings - Co. Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 34714 (ITAT-CHENNAI) · Section 234C

  2. ITAT Hyderabad · 26 Dec 2024
    Debt Write-off: ITAT Hyderabad Upholds Assessee's Right to Deduction Under Income Tax Act

    Nuevosol Energy Private Limited Vs ACIT

    (2024) TaxCorp(LJ) 34713 (ITAT-HYDERABAD)

  3. ITAT Nagpur · 26 Dec 2024
    Nagpur ITAT Recognizes Capital Gains Tax over Business Income for Partner in Dissolved Firm, Allowing Indexed Deduction of Rs 40.09 Lakh

    Deepak Gadge Vs Dy. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34712 (ITAT-NAGPUR)

  4. ITAT Delhi · 25 Dec 2024
    SAFEMA Tribunal Reiterates Requirement of Evidence in Benami Transactions, Dismissing Revenue’s Appeal

    Nibhodh Trading Pvt. Ltd. & Ors Vs DCIT

    (2024) TaxCorp(LJ) 34711 (ITAT-DELHI)

  5. ITAT Ahmedabad · 25 Dec 2024
    Ahmedabad ITAT Overturns CIT(A)’s Ex-Parte Order, Calls for Meritorious Review of Assessee’s Appeal

    Seema Ajay Ranka Vs DCIT

    (2024) TaxCorp(LJ) 34710 (ITAT-AHMEDABAD)

  6. ITAT Mumbai · 26 Dec 2024
    Mumbai ITAT Quashes Revenue Assessment Order for Non-Compliance with Section 144C(1) in Case of Eligible Non-Resident Assessee

    Hasmukh Dipchand Gardi Vs ACIT

    (2024) TaxCorp(LJ) 34709 (ITAT-MUMBAI)

  7. ITAT Mumbai · 26 Dec 2024
    Mumbai ITAT Upholds Assessee's Appeal, Validates Interest Computation under Section 234B, and Overturns Levy of Rs. 1.65 Lakh

    Oasis Landmarks LLP Vs The Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34708 (ITAT-MUMBAI) · Sections 143(1), 234B

  8. ITAT Mumbai · 27 Dec 2024
    ITAT Mumbai Remands Case for Fresh Decision on CSR Deductions Under Section 80G

    Mahyco Monsanto Biotech (India) Private Limited Vs DCIT

    (2024) TaxCorp(LJ) 34707 (ITAT-MUMBAI)

  9. Supreme Court · 27 Dec 2024
    Supreme Court Signals Reassessment Proceedings Dropped for Assessees with Tax Liabilities Under ₹50 Lakh in Line with Rajiv Bansal Judgment

    Vinal Comtrade Pvt. Ltd Vs THE INCOME TAX OFFICER

    (2024) TaxCorp(LJ) 34706 (SC)

  10. Supreme Court · 15 Jan 2025
    Supreme Court Rules in Favor of Legal Representatives Over Notice Issued to Deceased Assessee

    Ghanyashyam Anil Dhanani Vs The ITO

    (2024) TaxCorp(LJ) 34705 (SC)

  11. ITAT Delhi · 23 Dec 2024
    Delhi ITAT Upholds First Appellate Authority’s Order, Rejects Revenue’s Claims on Incriminating Material in Search Assessment

    DMG Finance Investment Private Limited Vs DCIT

    (2024) TaxCorp(LJ) 34703 (ITAT-DELHI)

  12. ITAT Delhi · 23 Dec 2024
    Delhi ITAT Renders Verdict: Payment to ESG International, USA for Warehousing Charges Beyond the Scope of FTS, No Tax Deduction Required

    Avtec Limited Vs The A.C.I.T

    (2024) TaxCorp(LJ) 34702 (ITAT-DELHI) · Section 195

  13. ITAT Delhi · 23 Dec 2024
    ITAT Reiterates Rights of Assessees Under Section 115BAA in AY 2020-21 Amidst Procedural Compliance Issues

    Indo British Garments Pvt. Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34701 (ITAT-DELHI) · Section 115BAA

  14. Supreme Court · 23 Dec 2024
    High Court's Refusal to Entertain Writ Petition Upheld: Special Leave Petition Disposed by Supreme Court

    Seahorse Mercantile Company Pvt Ltd Vs Office of The Income Tax Officer & Ors.

    (2024) TaxCorp(LJ) 34700 (SC)

  15. ITAT Delhi · 23 Dec 2024
    Delhi ITAT Quashes Assessment Under Section 153C, Revisiting Satisfaction Note Doctrine in Tax Matters

    Renu Singh Vs ACIT

    (2024) TaxCorp(LJ) 34699 (ITAT-DELHI) · Section 153C

  16. ITAT Mumbai · 21 Dec 2024
    Mumbai ITAT Partially Overturns Disallowance Under Section 40(a)(ia) for TDS Non-Deduction on Payments to Maharashtra Government

    Mahaonline Ltd Vs Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34698 (ITAT-MUMBAI) · Section 40(a)(ia)

  17. MP High Court · 21 Dec 2024
    Madras HC Upholds Single Judge's Ruling, Dismissing Revenue's Writ Appeals on Reassessment Notices for AYs 1991-92 and 1992-93 on Grounds of Timeliness

    Sakthi Textiles Ltd Vs The Joint Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34697 (HC-MP)

  18. Bombay High Court · 21 Dec 2024
    HDFC Bank Prevails in Bombay HC: Deduction of Broken Period Interest on Government Securities Affirmed as Revenue Expenditure

    HDFC Bank Ltd Vs The Deputy Commissioner of Income-tax

    (2024) TaxCorp(LJ) 34696 (HC-BOMBAY)

  19. ITAT Mumbai · 18 Dec 2024
    Mumbai ITAT Renders Landmark Decision, Affirming Depreciation Claim on Goodwill Arising from Amalgamation

    Dow Chemical International Private Ltd. Vs DCIT

    (2024) TaxCorp(LJ) 34695 (ITAT-MUMBAI)

  20. ITAT Hyderabad · 18 Dec 2024
    Disallowance of Deduction Under Section 80IA(4) Challenged in ITAT Hyderabad as Unsustainable Following Acquisition

    Lanco Solar (Gujarat) Private Limited Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34694 (ITAT-HYDERABAD)

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