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Landmark Rulings

Direct Tax landmark rulings

15,784 rulings

  1. Bombay High Court · 08 May 2024
    HC - Bombay High Court Quashes Reassessment Notice, Holds Gift of Shares Not Liable for Capital Gains Tax

    Jai Trust Vs The Union of India

    (2024) TaxCorp(LJ) 33852 (HC-BOMBAY)

  2. Supreme Court · 07 May 2024
    Federation of All India Vyapar Mandal Withdraws Writ Petition Challenging Constitutional Validity of Section 43B(h) with Liberty to Approach High Court

    Federation Of All India Vyapar Mandal Vs UNION OF INDIA & ORS.

    (2024) TaxCorp(LJ) 33851 (SC) · Section 43B(h)

  3. Bombay High Court · 07 May 2024
    HC - Bombay High Court Quashes Assessment Order Over Disparity in Show Cause Notice and Final Order, Holds SCN Not an 'Empty Formality'

    Vivek Jaisingh Asher Vs Income Tax Officer

    (2024) TaxCorp(LJ) 33850 (HC-BOMBAY)

  4. Delhi High Court · 07 May 2024
    Delhi HC Sets Aside Assessment Order, Directs AO to Reconsider Case After Providing Reasonable Opportunity for Hearing

    Global Vectra Helicorp Limited Vs ASSESSMENT UNIT, NATIONAL FACELESS ASSESSMENT

    (2024) TaxCorp(LJ) 33849 (HC-DELHI)

  5. ITAT Amritsar · 07 May 2024
    ITAT - Amritsar ITAT Holds Reassessment Proceedings Invalid Due to Non-Issuance of Statutory Notice Under Section 143(2).

    ASHISH SHARMA VERSUS ITO, WARD 5 (1) , AMRITSAR.

    (2024) TaxCorp(LJ) 33847 (ITAT-AMRITSAR) · https://taxcorp.in/FileOpenDT.aspx?ID=111435&Category=ITAT&CategoryType=Zip

  6. ITAT Pune · 06 May 2024
    Pune ITAT Deletes Addition Under Section 68 for NBFC, Upholds Genuine Cash Receipts During Demonetization

    Shrijeet Finance Private Limited Vs The Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33842 (ITAT-PUNE) · Section 68

  7. ITAT Bangalore · 06 May 2024
    Bangalore ITAT Rules Cost of Acquisition for Bonus Shares Allotted Before April 1, 2001 to be Nil; Rejects Assessee’s Contention on Section 55(2)(ac)

    Zash Traders Vs ACIT

    (2024) TaxCorp(LJ) 33841 (ITAT-BANGALORE) · Section 55(2)(ac)

  8. Delhi High Court · 04 May 2024
    HC - Delhi High Court Rules No Time Limit Prescribed for Filing Compounding Application under Income Tax Act.

    Earthcon Constructions Private Limited & Anr. Vs UNION OF INDIA & ORS

    (2024) TaxCorp(LJ) 33834 (HC-DELHI)

  9. ITAT Delhi · 04 May 2024
    ITAT - Delhi ITAT Deletes Section 68 Addition for Unsecured Loan, Holds Lender's Source Accepted by AO.

    Devki Nandan Maheshwari Vs ACIT

    (2024) TaxCorp(LJ) 33833 (ITAT-DELHI) · Section 68

  10. Bombay High Court · 04 May 2024
    Bombay HC Upholds Quashing of Reassessment Order, Citing Mere Change of Opinion as Grounds

    HDFC Bank Ltd. (Successor to Business of Centurion Bank of Punjab Ltd.) Vs The Principal Commissioner of Income Tax-2

    (2024) TaxCorp(LJ) 33832 (HC-BOMBAY)

  11. ITAT Kolkata · 04 May 2024
    Kolkata ITAT Rules in Favor of Assessee: Entitlement to Interest on Refund from Beginning of AY 2017-18 Due to MAT Credit Set Off; Orders Interest on Unpaid Interest

    SREI Infrastructure Finance Ltd Vs ACIT

    (2024) TaxCorp(LJ) 33831 (ITAT-KOLKATA) · Section 244A

  12. Bombay High Court · 03 May 2024
    HC - Bombay High Court Quashes JAO's Reassessment Notice Issued Post-Ashish Agarwal, Agrees with Telangana HC on Section 151A.

    Hexaware Technologies Limited Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33830 (HC-BOMBAY) · Section 151A

  13. ITAT Delhi · 03 May 2024
    ITAT - Delhi ITAT Rejects Taxability Under Section 44BB Without PE in India, Distinguishes SC Judgment in ONGC.

    Computer Modelling Group Ltd Vs ACIT

    (2024) TaxCorp(LJ) 33829 (ITAT-DELHI) · Section 44BB

  14. ITAT Chandigarh · 03 May 2024
    ITAT - Chandigarh ITAT Expounds on Section 80G Registration Framework, Directs CIT(E) to Re-examine Red Cross Society's Application.

    Indian Red Cross Society Vs The CIT

    (2024) TaxCorp(LJ) 33828 (ITAT-CHANDIGARH) · Section 80G

  15. Forein High Court · 03 May 2024
    Indian Tax Authorities Denied Assistance in International Tax Evasion Probe Due to Criminal Offense Basis

    L Vs Foreign Court Switzerland

    (2024) TaxCorp(LJ) 33827 (HC-Forein)

  16. Bombay High Court · 03 May 2024
    HC - Directives from the Bombay HC: Revenue Reassessed on Residential Status Amidst Procedural Irregularity

    Aldrin Alberto Araujo Soares Vs Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33826 (HC-BOMBAY) · Section 144C

  17. Bombay High Court · 03 May 2024
    HC - Bombay HC Quashes Assessment Notices Issued Prior to Effective Date of NCLT-Approved Resolution Plan.

    AMNS KHOPOLI LIMITED (FORMERLY KNOWN AS UTTAM GALVA STEELS LIMITED) , VERSUS ASSISTANT COMMISSIONER OF INCOME TAX (INTERNATIONAL TAX) , CIRCLE 1 (1) (1) , DELHI, UNION OF INDIA.

    (2024) TaxCorp(LJ) 33825 (HC-BOMBAY) · https://taxcorp.in/FileOpenDT.aspx?ID=92407&Category=Judgment&CategoryType=Zip

  18. AP High Court · 03 May 2024
    HC - Andhra Pradesh HC Directs Refund of Excess Tax Paid on Retention Money, Holds Error Apparent on Record.

    M/S. BSCPL INFRASTRUCTURE LTD. VERSUS UNION OF INDIA AND ANOTHER

    (2024) TaxCorp(LJ) 33824 (HC-AP) · https://taxcorp.in/FileOpenDT.aspx?ID=92408&Category=Judgment&CategoryType=Zip

  19. Bombay High Court · 03 May 2024
    Bombay High Court: Section 147 Bars Reassessment of Income Subject to Appeal, Reassessment Notice Set Aside.

    M/S. POONAM BUILDERS VERSUS ACIT, CENTRAL CIRCLE - 8 (4) , MUMBAI, PR. COMMISSIONER OF INCOME TAX, CENTRAL - 4, MUMBAI, UNION OF INDIA

    (2024) TaxCorp(LJ) 33823 (HC-BOMBAY) · https://taxcorp.in/FileOpenDT.aspx?ID=92409&Category=Judgment&CategoryType=Zip

  20. Bombay High Court · 03 May 2024
    HC - Bombay High Court Quashes Reopening Notices Based on Borrowed Material from DRI and Justice M.B. Shah Commission Report.

    BALAJI MINES AND MINERALS PVT. LTD., THR. ITS DIRECTOR MUKESH MATHURADAS SAGLANI., SALITHO ORES PVT. LTD. VERSUS THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1 AND 3 ORS.

    (2024) TaxCorp(LJ) 33822 (HC-BOMBAY) · https://taxcorp.in/FileOpenDT.aspx?ID=92410&Category=Judgment&CategoryType=Zip

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