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Landmark Rulings

Direct Tax landmark rulings

15,774 rulings

  1. ITAT Mumbai · 18 Dec 2024
    Legal Victory for Assessee: ITAT Mumbai Declares No Interest Liability on Short Deduction of TDS for Initial Months

    The Great Eastern Shipping Co. Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34693 (ITAT-MUMBAI) · Sections 201(1A), 192

  2. ITAT Mumbai · 18 Dec 2024
    Mumbai ITAT Rules Assessee Not Obligated to Deduct TDS under Section 194A, No Penalty for Non-Deduction Noted

    KD Lite Develpers Pvt Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34692 (ITAT-MUMBAI) · Section 194A

  3. ITAT Kolkata · 18 Dec 2024
    Kolkata ITAT Rules on Title Transfer, Upholds Assessee’s View on Income Computation under Section 56(2)(x)

    Tamal Kundu Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34691 (ITAT-KOLKATA)

  4. ITAT Mumbai · 18 Dec 2024
    Mumbai ITAT Confirms Deduction of Indexed Cost of Interest Amounting to Rs. 3.95 Crores on Borrowed Funds in Long Term Capital Gains Calculation for Property Sale

    Neville Tuli Vs DCIT

    (2024) TaxCorp(LJ) 34690 (ITAT-MUMBAI)

  5. ITAT Mumbai · 16 Dec 2024
    Mumbai ITAT Upholds Assessee's Stand, Dismisses Revenue's Challenge on Rs. 5 Crore Unsecured Loan Disputed under Section 68

    Royal India Corporation Limited Vs DCIT

    (2024) TaxCorp(LJ) 34689 (ITAT-MUMBAI)

  6. ITAT Ahmedabad · 16 Dec 2024
    ITAT Ahmedabad Upholds Disallowance of Share Premium Over FMV Under Section 56(2)(viib)

    Parasmani Gems Pvt Ltd Vs The D.C.I.T.

    (2024) TaxCorp(LJ) 34688 (ITAT-AHMEDABAD)

  7. Delhi High Court · 16 Dec 2024
    Delhi HC Affirms Assessee's Eligibility for DTVSV Benefits Amidst Pending Review Petition

    NRA Iron and Steel Pvt. Ltd. Vs Income tax Department & Ors.

    (2024) TaxCorp(LJ) 34687 (HC-DELHI)

  8. ITAT Mumbai · 16 Dec 2024
    Mumbai ITAT Rules on Reopening of Assessment, Emphasizing Necessity of Tangible Evidence

    The Hongkong and Shangai Banking Corporation Limited Vs The DCIT

    (2024) TaxCorp(LJ) 34686 (ITAT-MUMBAI) · Section 147

  9. Madras High Court · 25 Nov 2024
    Madras HC Reviews Reassessment Proceedings, No Link Established Between Allegations and Assessee

    Spencer and Company Limited Vs The Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34685 (HC-MADRAS)

  10. ITAT Kolkata · 25 Nov 2024
    Denial of Foreign Tax Credit Unsustainable Despite Procedural Delays in Form Submission

    Neetu Agarwal Vs ITO

    (2024) TaxCorp(LJ) 34684 (ITAT-KOLKATA)

  11. ITAT Delhi · 25 Nov 2024
    Arbitration Award Compensation Considered Business Income by Delhi ITAT

    Fujitsu Ltd Vs ACIT

    (2024) TaxCorp(LJ) 34683 (ITAT-DELHI)

  12. ITAT Delhi · 25 Nov 2024
    Delhi ITAT Rules in Favor of Assessee, Upholding Non-Taxability of Digital Security Services under India-US DTAA

    DigiCert Inc Vs ACIT

    (2024) TaxCorp(LJ) 34682 (ITAT-DELHI)

  13. Delhi High Court · 25 Nov 2024
    Delhi HC Upholds Revenue’s Authority to Initiate Reassessment Under Section 147 Despite Deficiencies in Section 153C Invocation

    NAVEEN KUMAR GUPTA Vs PR.COMMISSIONEROFINCOME TAX-7

    (2024) TaxCorp(LJ) 34681 (HC-DELHI) · Sections 147, 153C

  14. Delhi High Court · 16 Dec 2024
    Delhi HC Affirms ITAT Ruling, Recognizes Rs. 28.09 Crore Loss from Genuine Commercial Transactions of Automotive Parts Supplier

    G-TEKT INDIA PVT. LTD. Vs THE PR. COMMISSIONER OF INCOME TAX -4

    (2024) TaxCorp(LJ) 34680 (HC-DELHI)

  15. ITAT Delhi · 18 Dec 2024
    ITAT Dehradun Rules Penalty Inapplicable Due to Non-violations of Section 269SS

    Uttarakhand Enterprises Ltd Vs JCIT

    (2024) TaxCorp(LJ) 34679 (ITAT-DELHI)

  16. ITAT Delhi · 19 Dec 2024
    Aircraft Repair Services Not Classifiable as FTS: ITAT Delhi Ruling

    Rockwell Collins Southeast Asia Pte Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34678 (ITAT-DELHI)

  17. ITAT Ahmedabad · 19 Dec 2024
    ITAT Ahmedabad Rules in Favor of Assessee on TDS Credit Eligibility for AY 2008-09 Despite Prior Year Income Declaration

    Suzlon Energy Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 34677 (ITAT-AHMEDABAD)

  18. Supreme Court · 19 Dec 2024
    Supreme Court Upholds Karnataka High Court Ruling on Penalty Proceedings, Rejects Revenue's Appeal

    State Bank of India Vs CIT

    (2024) TaxCorp(LJ) 34676 (SC)

  19. Supreme Court · 19 Dec 2024
    SC Affirms Karnataka HC Ruling Invalidating Jurisdiction of Revenue Notices Under Section 153C

    Himalaya Drug Company Vs The Commissioner of Income Tax & Anr.

    (2024) TaxCorp(LJ) 34675 (SC) · Section 153C

  20. AP High Court · 19 Dec 2024
    Telangana HC Affirms ITAT Ruling Classifying Assessee's Co-Marketing Agreement Receipts as Capital Receipts, Exempting Them from Taxation

    Satiofi Healthcare Vs Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34674 (HC-AP)

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