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Landmark Rulings

Direct Tax landmark rulings

15,789 rulings

  1. ITAT Jaipur · 30 Nov 2023
    ITAT - Jaipur ITAT Upholds Assessee's Right to Claim Foreign Tax Credit Post Original Return Filing Deadline.

    ABHINAV JHALANI VERSUS THE ACIT (INT. TAX) , JAIPUR

    (2023) TaxCorp(LJ) 32822 (ITAT-JAIPUR) · https://taxcorp.in/FileOpenDT.aspx?ID=108758&Category=ITAT&CategoryType=Zip

  2. ITAT Pune · 30 Nov 2023
    ITAT - Pune ITAT Dismisses Assessee's Claim for Common Cost Allocation, Adjusts Comparable Selection.

    M/S. PERSISTENT SYSTEMS LIMITED, “BHAGEERATH” VERSUS ASSESSMENT UNIT, INCOME TAX DEPARTMENT

    (2023) TaxCorp(LJ) 32821 (ITAT-PUNE) · https://taxcorp.in/FileOpenDT.aspx?ID=108759&Category=ITAT&CategoryType=Zip

  3. ITAT Mumbai · 30 Nov 2023
    ITAT - Mumbai ITAT Restores Interest Expense Issue on Unsecured Debentures to AO for De Novo Adjudication.

    ASSTT. COMMISSIONER OF INCOME TAX CIRCLE-3 (1) (1) , MUMBAI VERSUS M/S. RUSTOMJEE REALTY PRIVATE LIMITED

    (2023) TaxCorp(LJ) 32820 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=108763&Category=ITAT&CategoryType=Zip

  4. Orissa High Court · 30 Nov 2023
    HC - Orissa High Court Validates Expenditure on Employee Welfare School as Allowable Business Expense.

    PRINCIPAL COMMISSIONER OF INCOME TAX- I, BHUBANESWAR VERSUS PARADEEP PHOSPHATES LIMITED

    (2023) TaxCorp(LJ) 32818 (HC-ORISSA) · https://taxcorp.in/FileOpenDT.aspx?ID=91277&Category=Judgment&CategoryType=Zip

  5. ITAT Jabalpur · 29 Nov 2023
    ITAT - Jabalpur ITAT Third Member Rules in Favor of Assessee, Declaring Regular Assessment under Section 143(3) Invalid Post-Search.

    Kalyanika Infra Mega Ventures Pvt. Ltd Vs The DCIT

    (2023) TaxCorp(LJ) 32817 (ITAT-JABALPUR) · Sections 143(3), 153C

  6. ITAT Mumbai · 29 Nov 2023
    ITAT - Mumbai ITAT Rules Against Reassessment Triggered by Unconnected Third-Party Statement in Property Purchase Case.

    Prashant Rameshchandra Samdani Vs ACIT

    (2023) TaxCorp(LJ) 32816 (ITAT-MUMBAI) · Section 132(4)

  7. ITAT Chandigarh · 29 Nov 2023
    ITAT - Chandigarh Tribunal Quashes Assessment Beyond Six Years under Section 153A for Lack of Incriminating Evidence.

    SHRI KAWALJIT SINGH VERSUS ACIT, CENTRAL CIRCLE-2, CHANDIGARH AND SHRI AVTAR SINGH VERSUS ACIT, CENTRAL CIRCLE-2, CHANDIGARH

    (2023) TaxCorp(LJ) 32814 (ITAT-CHANDIGARH) · https://taxcorp.in/FileOpenDT.aspx?ID=108729&Category=ITAT&CategoryType=Zip

  8. ITAT Mumbai · 29 Nov 2023
    ITAT - Tribunal Upholds Deduction for 'Mark to Market' Loss in Forex Hedging, Overruling CBDT Instruction.

    CONCENTRIX SERVICES INDIA PRIVATE LIMITED, [FORMERLY KNOWN AS MINACS PRIVATE LIMITED, MINACS LIMITED & ADITYA BIRLA MINACS WORDLWIDE LIMITED] VERSUS DEPUTY COMMISSIONER OF INCOME TAX, 10 (2) (2), MUMBAI

    (2023) TaxCorp(LJ) 32813 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=108731&Category=ITAT&CategoryType=Zip

  9. Madras High Court · 28 Nov 2023
    HC - Madras HC Annuls Reassessment Proceedings on Capital Gains Exemption, Citing Complete Disclosure by Assessee.

    S. Uttam Chand Vs Assistant Commissioner of Income Tax

    (2023) TaxCorp(LJ) 32807 (HC-MADRAS)

  10. Allahabad High Court · 27 Nov 2023
    HC - Allahabad HC Upholds ITAT’s Decision Against Fragmentation of Composite Contracts for TDS Purposes.

    Lalitpur Power Generation Co. Ltd Vs The Commissioner Of Income Tax (Tds) And Anothe

    (2023) TaxCorp(LJ) 32800 (HC-ALLAHABAD)

  11. ITAT Mumbai · 27 Nov 2023
    ITAT - Mumbai ITAT Grants Relief for Delay in Tax Appeal with Charity Donation Condition.

    General Lifescience Distributors Vs Commissioner of Income-tax

    (2023) TaxCorp(LJ) 32799 (ITAT-MUMBAI)

  12. Calcutta High Court · 27 Nov 2023
    HC - Calcutta HC Overturns Reassessment Proceedings, Citing Lack of Tangible Material by Revenue.

    Dinesh Kumar Goyal HUF Vs INCOME TAX OFFICER

    (2023) TaxCorp(LJ) 32798 (HC-CALCUTTA)

  13. ITAT Delhi · 25 Nov 2023
    ITAT - Delhi ITAT Remands Case for Revaluation of Shares, Citing Inadequate Examination by CIT(A).

    Sharp Eye Broadcasting Pvt. Ltd Vs ITO

    (2023) TaxCorp(LJ) 32792 (ITAT-DELHI) · Section 56(2)(viib)

  14. Calcutta High Court · 25 Nov 2023
    HC - Calcutta High Court Upholds Section 148 Notice by Jurisdictional AO: Clarifies Concurrent Jurisdiction with NaFAC.

    Sanghi Steel Udyog Private Limited Vs UNION OF INDIA AND ORS.

    (2023) TaxCorp(LJ) 32791 (HC-CALCUTTA)

  15. ITAT Bangalore · 25 Nov 2023
    ITAT - Bangalore ITAT Enforces Section 43B on Unpaid Service Tax, Disregards 'Not Charged to P&L Account' Argument.

    Ashraf Nafisa Althaf Vs ITO

    (2023) TaxCorp(LJ) 32790 (ITAT-BANGALORE) · Section 43B

  16. Delhi High Court · 25 Nov 2023
    HC - Delhi HC Condoned 79-Day Delay in Appeal Filing, Citing Time Spent in ITAT Review.

    Resorts Consortium India Limited Vs INCOMETAXAPPEALLATETRIBUNALSMC-1

    (2023) TaxCorp(LJ) 32789 (HC-DELHI)

  17. Orissa High Court · 25 Nov 2023
    HC - Orissa High Court Upholds ITAT's Decision on Tax Evasion in Penny Stocks Case, Rejects Revenue's Appeal as Non-Maintainable.

    PRINCIPAL COMMISSIONER OF INCOME TAX-1, BHUBANESWAR VERSUS SEKHAR KUMAR MOHAPATRA

    (2023) TaxCorp(LJ) 32788 (HC-ORISSA) · https://taxcorp.in/FileOpenDT.aspx?ID=91250&Category=Judgment&CategoryType=Zip

  18. Delhi High Court · 25 Nov 2023
    HC - Delhi High Court Rules Assessment Order Invalid in Absence of Notice under Section 143(2) - Section 292BB Not Applicable.

    PR. COMMISSIONER OF INCOME TAX -CENTRAL -1 VERSUS GRAND EXPRESS DEVELOPERS PVT. LTD.

    (2023) TaxCorp(LJ) 32787 (HC-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=91251&Category=Judgment&CategoryType=Zip

  19. Supreme Court · 25 Nov 2023
    SC - Supreme Court Denies Deduction under Section 80HHC for Foreign Exchange Fluctuation Gains, Emphasizes 'Derived From' Export.

    SHAH ORIGINALS VERSUS COMMISSIONER OF INCOME TAX-24, MUMBAI

    (2023) TaxCorp(LJ) 32783 (SC) · https://taxcorp.in/FileOpenDT.aspx?ID=91255&Category=Judgment&CategoryType=Zip

  20. ITAT Visakhapatnam · 24 Nov 2023
    ITAT - Visakhapatnam ITAT Grants Section 80P Deduction on Interest Income for Cooperative Society.

    Yendagandhi Large Sized Co-operative Society Ltd Vs Income Tax Officer

    (2023) TaxCorp(LJ) 32782 (ITAT-VISAKHAPATNAM) · Section 80P

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