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Landmark Rulings

Direct Tax landmark rulings

15,784 rulings

  1. Gujarat High Court · 02 Jul 2024
    Gujarat HC Upholds Section 54 Deduction for Cash Property Transactions Disclosed to Settlement Commission

    Ashwinbhai Babubhai Dudhat Vs THE INTERIM BOARD FOR SETTLEMENT (IBS) -1 & ANR.

    (2024) TaxCorp(LJ) 34214 (HC-GUJARAT) · Section 54

  2. Gujarat High Court · 02 Jul 2024
    Gujarat HC Upholds Validity of 245C Applications Filed Before Amendment, Quashes Interim Board's Order

    Vetrivel Infrastructure Vs Deputy Commissioner of Income tax

    (2024) TaxCorp(LJ) 34213 (HC-GUJARAT) · Section 245C

  3. ITAT Delhi · 02 Jul 2024
    Delhi ITAT Rules: Quantum Additions Cannot Be Challenged in Appellate Proceedings Against Revision/Rectification Orders

    Security Printing and Minting Corporation of India limited Vs ACIT

    (2024) TaxCorp(LJ) 34212 (ITAT-DELHI)

  4. Forein High Court · 02 Jul 2024
    Australian Court Rules on Taxation of Payments for Concentrates: No Royalty Component Found

    PepsiCo, Inc Vs Foreign Court Australia

    (2024) TaxCorp(LJ) 34211 (HC-Forein)

  5. ITAT Bangalore · 01 Jul 2024
    Bangalore ITAT Allows Appeal: Deletes Addition Within 10% Tolerance Limit of Section 50C, Holds Amendment Retrospective

    Nabhiraj Ratna Balraj Vs The Income Tax Officer

    (2024) TaxCorp(LJ) 34204 (ITAT-BANGALORE) · Section 50C

  6. ITAT Chennai · 01 Jul 2024
    Chennai ITAT Allows Deduction for Payments to Non-Residents, Overturns Disallowance Under Section 40(a)(i)

    Ahlers India Pvt. Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 34203 (ITAT-CHENNAI) · Section 40(a)(i)

  7. Calcutta High Court · 01 Jul 2024
    Calcutta HC Upholds ITAT's Best Judgment Assessment, Dismisses Revenue's Appeal

    Sikaria Infraprojects Pvt. Ltd Vs Principal Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34202 (HC-CALCUTTA)

  8. ITAT Bangalore · 29 Jun 2024
    Bangalore ITAT Upholds Treatment of Excess Purchase Consideration as Goodwill, Allows Depreciation

    DN Solutions (India) Private Limited Vs The Income Tax Officer

    (2024) TaxCorp(LJ) 34195 (ITAT-BANGALORE)

  9. ITAT Delhi · 29 Jun 2024
    Delhi ITAT Clarifies Section 153C Proceedings Timing and Validity of Satisfaction Note

    Marconi Infratech (P.) Ltd Vs ACIT

    (2024) TaxCorp(LJ) 34194 (ITAT-DELHI) · Sections 153, 153C

  10. HP High Court · 29 Jun 2024
    Himachal Pradesh HC Quashes Reassessment Based on Audit Objections, Citing 'Change of Opinion'

    J.B.J. Perfumes Private Limited Vs Principal Commissioner of Income Tax and another

    (2024) TaxCorp(LJ) 34193 (HC-HP)

  11. Bombay High Court · 29 Jun 2024
    Bombay HC Overturns CBDT's Rejection of Form 10-ID Delay Condonation, Mandates Procedural Fairness

    Tata Autocomp Gotion Green Energy Solutions Private Limited Vs Central Board of Direct Taxes & Ors.

    (2024) TaxCorp(LJ) 34192 (HC-BOMBAY) · Section 119(2)(b)

  12. ITAT Mumbai · 29 Jun 2024
    Mumbai ITAT Rules: Retrospective Application of Section 14A Disallowance Impermissible; Deletes Disallowance

    Zodiac Ventures Ltd Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34191 (ITAT-MUMBAI)

  13. AP High Court · 28 Jun 2024
    Telangana HC Quashes Search and Seizure Operation, Orders Return of Rs. 6.51 Cr to Assessee

    R.S.Agro Tech and others Vs Union of India and others

    (2024) TaxCorp(LJ) 34184 (HC-AP)

  14. ITAT Mumbai · 28 Jun 2024
    Software Exporter's Abnormal Profits Under Scanner: ITAT Orders Fresh Probe

    Ajay R. Agrawal (HUF) Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34183 (ITAT-MUMBAI) · Section 10A

  15. Bombay High Court · 28 Jun 2024
    Reassessment Notice Quashed: HC Upholds Assessee's Right to Fair Assessment

    Modern Living Solutions Private Limited Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34182 (HC-BOMBAY)

  16. Calcutta High Court · 28 Jun 2024
    ITC Ltd's Hotel Windfall: Calcutta HC Rules Rs. 32.42 Cr Receipt as Revenue/Trading Receipt

    ITC Limited Vs PCIT

    (2024) TaxCorp(LJ) 34181 (HC-CALCUTTA)

  17. ITAT Hyderabad · 27 Jun 2024
    Hyderabad ITAT Rules on Timing of Taxation for Joint Development Agreements, Favoring Assessee

    Kiran Reddy Gangidi Vs The Income Tax Officer

    (2024) TaxCorp(LJ) 34174 (ITAT-HYDERABAD)

  18. ITAT Mumbai · 26 Jun 2024
    Mumbai ITAT Quashes 'Appeal Effect' Order Against Tata Motors, Upholding Finality of Previous Rulings

    Tata Motors Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 34167 (ITAT-MUMBAI) · Section 115JB

  19. ITAT Delhi · 26 Jun 2024
    Delhi ITAT Rules Final Assessment Order Invalid Due to Procedural Lapse in DRP Proceeding

    Ares Diversified Vs ACIT

    (2024) TaxCorp(LJ) 34166 (ITAT-DELHI)

  20. ITAT Mumbai · 26 Jun 2024
    Service Tax Payment Not Allowed as Business Expenditure: ITAT Mumbai

    Shreya Enterprises Vs ACIT

    (2024) TaxCorp(LJ) 34165 (ITAT-MUMBAI)

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