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Landmark Rulings

Direct Tax landmark rulings

15,784 rulings

  1. ITAT Delhi · 22 Aug 2024
    Delhi ITAT Rules: Joint Venture with 99.99% Share to be Taxed at Maximum Marginal Rate, 0.01% Share at 40% for Non-Resident Partner

    JV of TATA Projects Limited and Chint Electric Company Ltd Vs ITO

    (2024) TaxCorp(LJ) 34443 (ITAT-DELHI)

  2. ITAT Delhi · 22 Aug 2024
    Delhi Appellate Tribunal Dismisses Revenue's Appeal, Rules Against Benami Transaction in SPK Group Case

    Sivashankari & Anr Vs The Initiating Officer DCIT

    (2024) TaxCorp(LJ) 34442 (ITAT-DELHI)

  3. ITAT Delhi · 21 Aug 2024
    Delhi ITAT Rules in Favor of Tata Teleservices Ltd., Exempting Interest Payments to China Development Bank from Tax Deduction under India-China DTAA

    Tata Teleservices Ltd Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34441 (ITAT-DELHI)

  4. ITAT Mumbai · 21 Aug 2024
    Mumbai ITAT Dismisses Revenue's Appeal, Directs Deletion of Penalty Under Section 271(1)(c) for Lack of Willful Intention to Conceal Income

    Rohit Chatterji Vs DCIT

    (2024) TaxCorp(LJ) 34440 (ITAT-MUMBAI) · Section 271(1)(c)

  5. Delhi High Court · 21 Aug 2024
    Delhi High Court Quashes DRP Directions on Share Transfer Under Section 56(2)(viib), Remits Case for Fresh Examination

    FIS Payment Solutions And Services India Private Limited Vs THE UNION OF INDIA & ORS

    (2024) TaxCorp(LJ) 34439 (HC-DELHI) · Section 56(2)(viib)

  6. ITAT Ahmedabad · 20 Aug 2024
    Ahmedabad ITAT Rules Trust Income Not Subject to Maximum Marginal Tax Rate, Allows Deductions and TDS Credit

    Pashiben Prajapati Family Trust(DISC) Vs The Income-tax Officer

    (2024) TaxCorp(LJ) 34438 (ITAT-AHMEDABAD)

  7. ITAT Delhi · 20 Aug 2024
    Delhi Appellate Tribunal Upholds DCIT's Appeal, Declares Property Acquisitions as Benami Transactions

    Domendra Dhariwal & Anr Vs DCIT(BP)

    (2024) TaxCorp(LJ) 34437 (ITAT-DELHI)

  8. Bombay High Court · 20 Aug 2024
    Bombay HC Slams Jurisdictional Assessing Officer for Disregarding Binding Judgment, Imposes Costs on JAO and CCIT

    Samp Furniture Pvt. Ltd Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34436 (HC-BOMBAY)

  9. ITAT Mumbai · 17 Aug 2024
    Mumbai ITAT Rules KPMG’s Payments to Non-Resident Agency Exempt from Taxation under DTAA Articles 14 and 22

    KPMG Assurance and Consulting Services LLP Vs Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34435 (ITAT-MUMBAI)

  10. ITAT Bangalore · 17 Aug 2024
    Bangalore ITAT Rules on Foreign Currency Expenditures Excluded from Export Turnover Under Sections 10A/10AA

    IBM Global Services India Private Ltd. Vs The DCIT

    (2024) TaxCorp(LJ) 34434 (ITAT-BANGALORE) · Section 10AA

  11. ITAT Chennai · 17 Aug 2024
    Assessing Interest Income of Cottage Industry as Entitled for Section 80P(2) Deductions

    Potheri Village Weaning Food Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34433 (ITAT-CHENNAI) · Section 80P(2)

  12. ITAT Visakhapatnam · 17 Aug 2024
    Vizag ITAT Rejects Hospital's Appeal, Upholds Disallowance of Advertisement Expenses Under IMC Regulations

    Chalasani Hospitals (P.) Ltd Vs Asst. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34432 (ITAT-VISAKHAPATNAM)

  13. Delhi High Court · 19 Aug 2024
    Delhi High Court Quashes Reassessment Notice Under Section 148, Holds Revenue's View Erroneous

    Vedanta Limited Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34431 (HC-DELHI)

  14. Madras High Court · 19 Aug 2024
    Chennai High Court Dismisses Assessee’s Writ Petition, Upholds Validity of Notice Under Section 292BB Despite Infractions

    K P S Enterprises a partnership firm Vs Principal Commissioner of Income-tax

    (2024) TaxCorp(LJ) 34430 (HC-MADRAS) · Sections 148, 292BB

  15. P&H High Court · 19 Aug 2024
    Punjab & Haryana HC Quashes Notice Under Section 148, Upholds Statutory Provisions Over CBDT Circulars

    Jatinder Singh Bhangu Vs Union of India and others

    (2024) TaxCorp(LJ) 34429 (HC-P&H) · Section 148

  16. Delhi High Court · 16 Aug 2024
    Delhi High Court Quashes Reassessment Proceedings for AYs 2013-14 and 2014-15, Holds Digital Filing of Audit Report Not Fatal to Claim Deduction Under Section 80-IA(7)

    Shree Bhavani Power Projects Pvt. Ltd Vs INCOME TAX OFFICER

    (2024) TaxCorp(LJ) 34428 (HC-DELHI)

  17. Forein High Court · 16 Aug 2024
    French Subsidiary of BNP Paribas Wins Tax Dispute: Implications for Cross-Border Leasing Operations

    BNP Paribas (SA) Vs Foreign Court France

    (2024) TaxCorp(LJ) 34427 (HC-Forein)

  18. Delhi High Court · 14 Aug 2024
    Delhi High Court Overturns ITAT Order, Holds Face Value of Shares Under ESPS as FMV Due to Lock-in Stipulation

    Ravi Kumar Sinha Vs The Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34426 (HC-DELHI)

  19. Delhi High Court · 14 Aug 2024
    Delhi High Court Quashes Revenue Notices, Orders Refund of Excess Tax Paid by Assessee

    Ramesh Chawla (HUF) Vs INCOMETAX OFFICER

    (2024) TaxCorp(LJ) 34425 (HC-DELHI)

  20. Bombay High Court · 14 Aug 2024
    Bombay High Court Rejects Revenue's Plea for Larger Bench Reference in Shelf Drilling Controversy, Citing Pending SLPs Before Supreme Court

    PayPal Payments Vs Assistant Commissioner of Income Tax & Ors.

    (2024) TaxCorp(LJ) 34424 (HC-BOMBAY)

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