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Landmark Rulings

Direct Tax landmark rulings

15,755 rulings

  1. ITAT Chennai · 20 Mar 2026
    Chennai ITAT Upholds Addition of Income Declared but Not Paid under IDS; Disallows Section 115BBE Rate Following Jurisdictional High Court Ruling

    Shanmuga Sundaram Govindaraj Vs DCIT

    (2026) TaxCorp(LJ) 37840 (ITAT-CHENNAI)

  2. ITAT Mumbai · 20 Mar 2026
    Mumbai ITAT Orders Fresh Verification on Section 68 Addition Due to Alleged Misuse of PAN by Namesake; AO Directed to Consider Police Inquiry Report Before Making Addition

    Mitesh Suresh Shah Vs ITO

    (2026) TaxCorp(LJ) 37839 (ITAT-MUMBAI)

  3. ITAT Mumbai · 20 Mar 2026
    Mumbai ITAT Sets Aside Tax Addition Owing to Breach of Natural Justice: No Cross-Examination of Third Party Statement in ‘On Money’ Allegation

    Bhagawati M Jain Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37838 (ITAT-MUMBAI)

  4. ITAT Hyderabad · 20 Mar 2026
    Hyderabad ITAT: No Addition Under Section 56(2)(vii)(b) Where Consideration Paid Before 1 April 2013 and Property Treated as Stock-in-Trade

    Mahmood Hussain Syed Vs The Assistant Commissioner of Income-tax

    (2026) TaxCorp(LJ) 37837 (ITAT-HYDERABAD) · Section 56(2)(vii)(b)

  5. ITAT Ahmedabad · 20 Mar 2026
    Ahmedabad ITAT Quashes Reassessment: Assessee Entitled to Section 54F Deduction for Under-Construction Villa Paid Prior to Return Filing

    Romaben Keyur Thakore Legal heir of Late Anandiben Jitendrabhai Shah Vs The DCIT

    (2026) TaxCorp(LJ) 37836 (ITAT-AHMEDABAD) · Section 54F

  6. Bombay High Court · 18 Mar 2026
    Bombay High Court Upholds ITAT: Developer Status Confirmed for Infrastructure Deduction under Section 80-IA(4); Ownership Not Prerequisite

    Patel Engg. Ltd Vs The Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37835 (HC-BOMBAY)

  7. ITAT Mumbai · 18 Mar 2026
    Mumbai ITAT Sets Aside CIT(A) Order for Lack of Show Cause on Salary Taxability; Mandates Verification on DTAA and TDS Claims

    Mrigesh Gaurav Vs ITO

    (2026) TaxCorp(LJ) 37834 (ITAT-MUMBAI) · Section 251(2)

  8. ITAT Mumbai · 18 Mar 2026
    Mumbai ITAT Orders Fresh Inquiry into Shilpa Shetty’s ₹12.54 Crore Gift Transaction, Citing Insufficient Evidence under Section 68

    Shilpa Shetty Kundra Vs DCIT

    (2026) TaxCorp(LJ) 37833 (ITAT-MUMBAI)

  9. ITAT Delhi · 18 Mar 2026
    Delhi ITAT Bars Double Addition: Section 69C and 68 Not Invokable Where Transactions Are Banked and Offered as Turnover

    PBG International Private Limited Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37832 (ITAT-DELHI) · Sections 68, 69C

  10. ITAT Mumbai · 18 Mar 2026
    Mumbai ITAT Holds Proportionate IPO Expenses Deductible under Section 48 for Shareholder Selling Shares via OFS Mechanism

    Zarah Rafique Malik Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37831 (ITAT-MUMBAI) · Section 48(i)

  11. ITAT Delhi · 20 Mar 2026
    Delhi ITAT Holds Corporate Guarantee Settlement Expenditure Allowable as Business Deduction Under Section 37(1) in Escorts Limited Arbitration Case

    Escorts Limited Vs Addl.CIT

    (2026) TaxCorp(LJ) 37830 (ITAT-DELHI) · Section 37(1)

  12. ITAT Delhi · 20 Mar 2026
    Delhi ITAT Declares Reassessment Notice Issued to Deceased Person as Void; Assessment Quashed for Fundamental Legal Defect

    Neeraj Kataria Vs ITO

    (2026) TaxCorp(LJ) 37829 (ITAT-DELHI)

  13. ITAT Hyderabad · 20 Mar 2026
    Hyderabad ITAT Upholds Section 43B Disallowance on Employee Liabilities in Slump Sale: Actual Payment Essential, Mere Liability Transfer Insufficient

    Corteva Agriscience Services India Private Limited Vs The Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37828 (ITAT-HYDERABAD) · Sections 43B, 139(1)

  14. ITAT Delhi · 20 Mar 2026
    Delhi ITAT Directs Reconsideration of Microfinance Entity’s Section 12AB Exemption Application; Emphasizes Charitable Character Despite Industry Interactions

    Micro Finance Industry Vs CIT(E)

    (2026) TaxCorp(LJ) 37827 (ITAT-DELHI) · Section 12AB

  15. ITAT Delhi · 20 Mar 2026
    Delhi ITAT Nullifies Section 148 Reassessment Initiated Solely on Suspicion of Fund Rotation in Financing Business, Citing Lack of Tangible Material or Live Nexus to Income Escapement

    East Delhi Leasing P. Ltd Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37826 (ITAT-DELHI)

  16. ITAT Kolkata · 20 Mar 2026
    Kolkata ITAT Rules Surcharge Not Applicable on Discretionary Trusts with Income Below Rs. 50 Lakh; Clarifies Interpretation of ‘Maximum Marginal Rate’

    Chanda Bharech Beneficiary Trust Vs The Income Tax Officer

    (2026) TaxCorp(LJ) 37825 (ITAT-KOLKATA)

  17. Gujarat High Court · 20 Mar 2026
    Gujarat High Court Declares Reassessment Notice for AY 2014-15 Time-Barred under Section 148: Ten-Year Limitation to Include Search Year

    Dilipbhai Prabhudas Patel Vs DCIT

    (2026) TaxCorp(LJ) 37824 (HC-GUJARAT)

  18. Delhi High Court · 20 Mar 2026
    Delhi High Court Quashes 20% Demand on Oravel Stays Ltd: Tribunal’s Findings on TDS Disallowance Overlooked by Tax Authorities

    Oravel Stays Limited Vs CIT

    (2026) TaxCorp(LJ) 37823 (HC-DELHI)

  19. Gujarat High Court · 20 Mar 2026
    Gujarat High Court Sets Aside CIT(E) Order for Overstepping Jurisdiction in Delay Condonation Application under Section 119(2)(b) Related to Form 10B

    Jain Dehrasar Upasraya Ane Sadharan Vs CIT

    (2026) TaxCorp(LJ) 37822 (HC-GUJARAT) · Section 119(2)(b)

  20. ITAT Delhi · 20 Mar 2026
    Delhi ITAT Affirms LLP Status and Denies FIS Taxation for GE Engine Services LLC, USA under India-USA DTAA: 'Make Available' Clause Critical

    GE Engine Services LLC, USA Vs ACIT

    (2026) TaxCorp(LJ) 37821 (ITAT-DELHI)

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