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Landmark Rulings

Direct Tax landmark rulings

15,806 rulings

  1. Allahabad High Court · 14 Oct 2023
    HC - Allahabad HC Upholds Reassessment Proceedings: Cites SC's Anshul Jain Verdict as Precedent.

    Vivek Saran Agarwal Vs Union Of India And 3 Others

    (2023) TaxCorp(LJ) 32537 (HC-ALLAHABAD)

  2. Delhi High Court · 14 Oct 2023
    HC - Delhi HC Pushes Revenue for Quick Refunds: Exchequer's Growing Burden Under Spotlight.

    AON Consulting Private Limited Vs DEPUTY COMMISSIONER OF INCOME TAX

    (2023) TaxCorp(LJ) 32536 (HC-DELHI)

  3. Madras High Court · 14 Oct 2023
    HC - Madras HC Dismisses Appeal Due to 1072 Days' Delay: Assessee's 'Rip Van Winkle' Attitude Not Countenanced.

    Royal Stitches P Ltd Vs The Deputy Commissioner of Income Tax

    (2023) TaxCorp(LJ) 32535 (HC-MADRAS)

  4. ITAT Chennai · 14 Oct 2023
    ITAT - Chennai ITAT Classifies Investment Promotion Subsidy as Capital Receipt: Landmark Decision Sets Precedent for Manufacturers.

    Hyundai Motor India Limited Vs The Asst. Commissioner of Income Tax

    (2023) TaxCorp(LJ) 32533 (ITAT-CHENNAI)

  5. ITAT Chandigarh · 13 Oct 2023
    ITAT - Chandigarh ITAT Upholds Assessee's Right to Choose Valuation Method; Sets Precedent on Loan-to-Equity Conversions.

    I.A. Hydro Energy Pvt. Ltd Vs The ACIT

    (2023) TaxCorp(LJ) 32526 (ITAT-CHANDIGARH) · Section 56(2)(viib)

  6. Gujarat High Court · 13 Oct 2023
    HC - Right-Shares Allotment Not Taxable Under Sec.56(2)(vii)(c): Gujarat HC Clarifies Distinction Between Creation and Transfer.

    Jigar Jashwantlal Shah Vs THE PRINCIPAL COMMISSIONER OF INCOME TAX 1

    (2023) TaxCorp(LJ) 32525 (HC-GUJARAT) · Section 56(2)(vii)(c)

  7. ITAT Hyderabad · 13 Oct 2023
    ITAT - Hyderabad Tribunal Upholds SBI Short-Term Rate for TP Adjustments, Dismisses Appeal for Applying LIBOR + 200 Basis Points.

    HM CLAUSE INDIA PRIVATE LIMITED VERSUS DCIT, CIRCLE-2 (1) , HYDERABAD.

    (2023) TaxCorp(LJ) 32523 (ITAT-HYDERABAD) · https://taxcorp.in/FileOpenDT.aspx?ID=107645&Category=ITAT&CategoryType=Zip

  8. ITAT Delhi · 13 Oct 2023
    ITAT - Delhi Tribunal Allows Assessee's Appeal, Holds Receipts Not Taxable as FTS Under India-Portugal DTAA Provisions.

    ALUMINIUM PECHINEY, C/O- CA, PRAVEEN GAMBHIR VERSUS DCIT, CIRCLE-1 (1) (1) , INTERNATIONAL TAXATION, NEW DELHI

    (2023) TaxCorp(LJ) 32522 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=107646&Category=ITAT&CategoryType=Zip

  9. ITAT Raipur · 13 Oct 2023
    ITAT - Raipur Tribunal Annuls Addition Based on Retracted Statement, Emphasizing the Need for Credible Evidence in Reassessment Cases.

    THE ASSISTANT COMMISSIONER OF INCOME TAX (CENTRAL) , BILASPUR VERSUS M/S. JAGANNATHDAS HARICHANDMAL JEWELLERS PVT. LTD.

    (2023) TaxCorp(LJ) 32521 (ITAT-RAIPUR) · https://taxcorp.in/FileOpenDT.aspx?ID=107648&Category=ITAT&CategoryType=Zip

  10. Delhi High Court · 12 Oct 2023
    HC - Delhi High Court Sides with Assessee, Dismisses Revenue's Allegations of Financial Missteps Involving Mauritian Entity.

    Azure Retreat Pvt Ltd Vs PR. COMMISSIONER OF INCOME TAX

    (2023) TaxCorp(LJ) 32517 (HC-DELHI) · Section 68

  11. AP High Court · 12 Oct 2023
    HC - Unpaid Tax Attracts Interest from Original Demand Notice, AP High Court Affirms.

    A.S. Krishna And Company Private Limited Vs DCIT

    (2023) TaxCorp(LJ) 32516 (HC-AP) · Section 220(2)

  12. ITAT Pune · 12 Oct 2023
    ITAT - Pune ITAT Validates the Use of Project Completion Method by a Real-Estate Developer, Rebuffing Revenue’s Proposition for Percentage Completion Method.

    S.S. Group, 9, Siddhivinayak Vs ACIT

    (2023) TaxCorp(LJ) 32515 (ITAT-PUNE)

  13. Allahabad High Court · 12 Oct 2023
    HC - Allahabad HC Overturns ITAT’s Dismissal of Recall Application, Citing Misplacement of Section 254(2) Limitation Period Invocation; Directs Reconsideration Under Rule 24.

    Purnagiri Rice Mill Vs Union Of India

    (2023) TaxCorp(LJ) 32514 (HC-ALLAHABAD) · Section 254(2)

  14. ITAT Kolkata · 12 Oct 2023
    ITAT - Kolkata Tribunal Rejects Revision u/s 263, Validates AO's Decisions.

    IMC LIMITED VERSUS PRINCIPAL COMMISSIONER OF INCOME TAX-4, KOLKATA

    (2023) TaxCorp(LJ) 32513 (ITAT-KOLKATA) · https://taxcorp.in/FileOpenDT.aspx?ID=107600&Category=ITAT&CategoryType=Zip

  15. ITAT Ahmedabad · 12 Oct 2023
    ITAT - Ahmedabad Tribunal Quashes Reopening of Assessment u/s 147: Cites Absence of Concrete Material and Non-Application of Mind.

    ISL CONSULTING LTD. VERSUS DCIT, CIR. 2 (1) (1) AHMEDABAD.

    (2023) TaxCorp(LJ) 32512 (ITAT-AHMEDABAD) · https://taxcorp.in/FileOpenDT.aspx?ID=107601&Category=ITAT&CategoryType=Zip

  16. Madras High Court · 12 Oct 2023
    HC - Madras High Court Condemns Repeated Reassessments: Department's Misuse of Ashish Agarwal's Liberty Rejected.

    VELLORE INSTITUTE OF TECHNOLOGY VERSUS ASSISTANT COMMISSIONER OF INCOME TAX (EXEMPTIONS) , INCOME TAX DEPARTMENT, CHENNAI

    (2023) TaxCorp(LJ) 32510 (HC-MADRAS) · https://taxcorp.in/FileOpenDT.aspx?ID=90773&Category=Judgment&CategoryType=Zip

  17. Calcutta High Court · 12 Oct 2023
    HC - Calcutta High Court Upholds CSR Expenditure as Allowable Business Expenditure for AY 2014-15.

    PRINCIPAL COMMISSIONER OF INCOME TAX 1 VERSUS SHRI RAMESH PRASAD SAO

    (2023) TaxCorp(LJ) 32508 (HC-CALCUTTA) · https://taxcorp.in/FileOpenDT.aspx?ID=90777&Category=Judgment&CategoryType=Zip

  18. Supreme Court · 11 Oct 2023
    SC - Supreme Court Sets Clear Timeline for Sec.153C Assessments: Forwarding Date Takes Precedence Over Search Date.

    Jasjit Singh Vs COMMISSIONER OF INCOME TAX 14

    (2023) TaxCorp(LJ) 32507 (SC) · Section 153C

  19. ITAT Mumbai · 11 Oct 2023
    ITAT - Mumbai ITAT Recognizes Separate Benefits for Mauritian Investors: STCG Exemptions & LTCL Carry-Forward Approved.

    Indium IV (Mauritius) Holdings Limited Vs DCIT (International transaction)-2(2)(1)

    (2023) TaxCorp(LJ) 32506 (ITAT-MUMBAI)

  20. ITAT Delhi · 11 Oct 2023
    ITAT - DIN for DRP Directions Not Found on Portal, Delhi ITAT Annuls Resulting Assessment Order.

    Berlian McDermott Sdn.Bhd Vs ACIT

    (2023) TaxCorp(LJ) 32505 (ITAT-DELHI)

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