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Landmark Rulings

Direct Tax landmark rulings

15,755 rulings

  1. ITAT Hyderabad · 23 Mar 2026
    Hyderabad ITAT Overturns Penalty for Bona Fide Error in Labour Cess Disallowance: Section 270A(9) Misreporting Not Attracted Where Full Disclosure Made and Tax Impact is Neutral

    N.A.M. Expressway Limited Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37860 (ITAT-HYDERABAD) · Section 270A(9)

  2. Delhi High Court · 23 Mar 2026
    Delhi High Court Quashes Non-Speaking Rejection of MakeMyTrip’s Nil/Lower TDS Certificate Application under Section 197—Emphasizes Mandatory Consideration of Rule 28AA Parameters and Prior Consistency

    Make Mytrip (India) Private Limited Vs ACIT

    (2026) TaxCorp(LJ) 37859 (HC-DELHI)

  3. Bombay High Court · 23 Mar 2026
    Bombay High Court Invalidates Reassessment Proceedings for AY 2013-14: Limitation Period Under Old Law Prevails Despite New Ten-Year Limit

    Pratibha Syntex Limited Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37858 (HC-BOMBAY)

  4. AP High Court · 23 Mar 2026
    Telangana High Court Affirms ITAT’s Authority to Rectify Contradictory Deemed Dividend Order Under Section 254(2), Dismisses Revenue’s Appeal

    M/s Jaypeem Granites (P) Ltd. Vs The Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37857 (HC-AP)

  5. ITAT Bangalore · 23 Mar 2026
    Bangalore ITAT Nullifies CIT(A)’s Summary Dismissal: Addition of Agricultural Income as ‘Other Sources’ Deleted Owing to Lack of Inquiry and Reasoned Order

    Erki Krishnamurthy HUF Vs The Income Tax Officer

    (2026) TaxCorp(LJ) 37856 (ITAT-BANGALORE)

  6. ITAT Mumbai · 23 Mar 2026
    ITAT Mumbai Rules NRI Desk Expenses by Overseas Branches as Head Office Expenditure under Section 44C for Bank of America N.A.

    Bank of America N.A Vs Deputy Director of Income Tax

    (2026) TaxCorp(LJ) 37855 (ITAT-MUMBAI) · Section 44C

  7. Madras High Court · 23 Mar 2026
    Madras High Court Upholds Disallowance of Misappropriated Amount as Business Expenditure under Section 40A(2); Contradictory Claims and Lack of Evidence Prove Fatal for Assessee

    Karpaga Vinayagar Papers Vs The Assistant Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37854 (HC-MADRAS) · Section 40A(2)

  8. AP High Court · 23 Mar 2026
    Telangana High Court Upholds ITAT Remand in Bharathi Cement’s Section 68 Equity Infusion Case; Orders AO to Rely Exclusively on Factual Evidence

    Bharathi Cement Corporation Pvt. Ltd Vs The Pr. Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37853 (HC-AP) · Section 68

  9. Bombay High Court · 20 Mar 2026
    Bombay High Court Affirms AO’s Limited Jurisdiction Under Section 115JB: Disallows Addition of Saudi Corporate Tax Not Debited to P&L

    ACC Limited Vs Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37852 (HC-BOMBAY)

  10. ITAT Delhi · 20 Mar 2026
    Delhi ITAT Invalidates Reassessment Proceedings under Section 147/148 Initiated Post Failure of Jurisdiction under Section 153C; Bars Parallel Proceedings in Light of Naveen Kumar Gupta Ruling

    Advantage Housings Pvt. Ltd. Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37851 (ITAT-DELHI) · Sections 147, 148, 153C

  11. ITAT Mumbai · 20 Mar 2026
    Mumbai ITAT Exonerates Assessee from Section 69 Addition as Appellate Authority Validly Considers New Documentary Evidence of Investment Source

    Shareeka Prasanna Shetty Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37850 (ITAT-MUMBAI) · Section 69

  12. ITAT Delhi · 20 Mar 2026
    Delhi ITAT Affirms Validity of Section 263 Revision and Corrigendum for Amazon Smart Commerce Solutions Pvt. Ltd. Amidst Amalgamation

    Amazon Smart Commerce Solutions Pvt. Ltd. Vs Principal Commissioner Income Tax

    (2026) TaxCorp(LJ) 37849 (ITAT-DELHI)

  13. ITAT Chennai · 20 Mar 2026
    Chennai ITAT Quashes Section 94B Disallowance for Danish Subsidiary, Citing DTAA Non-Discrimination Clause

    Vestas Wind Technology India Private Limited Vs The ITO

    (2026) TaxCorp(LJ) 37848 (ITAT-CHENNAI) · Section 94B

  14. ITAT Mumbai · 20 Mar 2026
    Mumbai ITAT Rules Possession Date as Purchase Date for Section 54 Exemption, Favouring Substantive Compliance Over Formalities

    Shashank Merchant Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37847 (ITAT-MUMBAI) · Section 54

  15. ITAT Visakhapatnam · 20 Mar 2026
    Visakhapatnam ITAT Sets Aside Section 147 Assessment for AY 2015-16 Due to Time-Barred Notice under Section 148, Citing Section 149 First Proviso

    Srinivasa Rao Sirivuri Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37846 (ITAT-VISAKHAPATNAM) · Section 148, 149(1)(b)

  16. ITAT Visakhapatnam · 20 Mar 2026
    ITAT Mandates Reference to Valuation Officer for Fair Market Value Assessment under Section 50C: Short-Term Capital Gain to Be Recomputed

    Reddi Paiditalli Naidu Vs Commissioner of Income-Tax

    (2026) TaxCorp(LJ) 37845 (ITAT-VISAKHAPATNAM) · Section 50C

  17. ITAT Delhi · 20 Mar 2026
    Delhi ITAT Nullifies Reassessment and Penalty for Revenue’s Failure to Furnish Relied-Upon Evidence to Assessee in Property Transaction Case

    Veer Sawarkar Katyal Vs ITO

    (2026) TaxCorp(LJ) 37844 (ITAT-DELHI)

  18. ITAT Panaji · 20 Mar 2026
    ITAT Sets Aside Penalty under Section 270A Imposed Prior to Quantum Appeal Resolution, Citing Violation of Natural Justice and Statutory Procedure

    Beereshwar Co-op. Credit Society Ltd Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37843 (ITAT-PANAJI) · Section 270A

  19. Bombay High Court · 20 Mar 2026
    Bombay High Court Mandates Income Tax Authorities Not to Deny Section 12AB Registration to Charitable Trusts for Absence of Irrevocability Clause

    The Chamber of Tax Consultants Vs The Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37842 (HC-BOMBAY) · Section 12AB

  20. Bombay High Court · 20 Mar 2026
    Bombay High Court Rules Assessment Order Time-Barred; Rejects Revenue’s Plea for Extended Limitation in Absence of Specific Findings or Directions

    S.V.S. Securities Ltd Vs The Assistant Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37841 (HC-BOMBAY) · Section 153(6)(i)

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