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Landmark Rulings

Direct Tax landmark rulings

15,765 rulings

  1. Gujarat High Court · 05 Feb 2026
    Gujarat High Court Quashes Section 148 Notice: AO’s Attempt to Bifurcate Assessee’s Disclosed Bad Debt as Escaped Income Held Erroneous

    Guruvayur Infratech Private Limited Vs ACIT

    (2026) TaxCorp(LJ) 37479 (HC-GUJARAT)

  2. Bombay High Court · 03 Feb 2026
    Bombay High Court Sets Aside Reassessment Notice under Section 148 for AY 2014-15: Absence of Tangible Material and No Failure in Disclosure by Assessee

    Shantilal Gulabchand Muttha Vs The Assistant Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37478 (HC-BOMBAY) · Section 148

  3. ITAT Mumbai · 03 Feb 2026
    Mumbai ITAT Declares Assessment Void: Absence of Valid Section 143(2) Notice by Proper AO Renders Proceedings Illegal

    Vinod Ramnath Rao Vs CIT(A)

    (2026) TaxCorp(LJ) 37477 (ITAT-MUMBAI)

  4. Calcutta High Court · 02 Feb 2026
    Calcutta High Court Nullifies TDS Prosecution: Compounding Settlement and Prolonged Delay Render Further Criminal Action an Abuse of Process

    Jyotsana Investments Company Limited Vs R.K.De

    (2026) TaxCorp(LJ) 37476 (HC-CALCUTTA)

  5. ITAT Delhi · 02 Feb 2026
    Delhi ITAT Denies India-Singapore DTAA Benefit to Singapore Shell Company; Capital Gains on Share Transfer Taxable in India Due to Lack of Economic Substance

    Hareon Solar Singapore Pvt. Ltd Vs DCIT

    (2026) TaxCorp(LJ) 37475 (ITAT-DELHI)

  6. ITAT Hyderabad · 02 Feb 2026
    Hyderabad ITAT Upholds Dismissal of Appeal: Statutory Market’s 297-Day Delay Deemed Inexcusable Despite Prior Notice and Participation

    Agricultural Market Committee Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37474 (ITAT-HYDERABAD)

  7. ITAT Delhi · 02 Feb 2026
    Delhi ITAT Rules Contractual Penalty for Delayed Supply is Business Expenditure, Not Disallowable Under Section 37(1)

    AXA Parenterals Limited Vs Assessment Unit, Civic Centre

    (2026) TaxCorp(LJ) 37473 (ITAT-DELHI)

  8. ITAT Delhi · 02 Feb 2026
    Delhi ITAT Affirms Business Income Classification for IT Park Lease and Maintenance Receipts, Citing Essential Operational Services Provided

    Advant IT Park Private Ltd Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37472 (ITAT-DELHI)

  9. ITAT Delhi · 02 Feb 2026
    Delhi ITAT Quashes AO’s Post-DTVSV Rectification: Form-5 Issuance Bars Further Assessment Initiatives Under Section 154

    ICRA Ltd Vs DCIT

    (2026) TaxCorp(LJ) 37471 (ITAT-DELHI) · Section 154

  10. ITAT Delhi · 02 Feb 2026
    Delhi ITAT Rules That Section 56(2)(viib) Cannot Apply to Rural Agricultural Land Not Classified as Capital Asset under Section 2(14); Addition Deleted Based on Tehsildar’s Certificate and Census Data

    Vikas Agarwal Vs ITO

    (2026) TaxCorp(LJ) 37470 (ITAT-DELHI) · Section 56(2)(vii)(b)

  11. Gujarat High Court · 02 Feb 2026
    Gujarat High Court Quashes Reassessment Notice for AY 2015-16: Notice Issued Beyond Statutory Limitation Period Post-Search Proceedings

    Jayantibhai Karamshibhai Maniya Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37469 (HC-GUJARAT)

  12. ITAT Mumbai · 02 Feb 2026
    Mumbai ITAT Quashes Penalty u/s 271(1)(c) for Lack of Proper Satisfaction and Jurisdiction—Full Income Disclosure by Assessee Noted

    Alka Ashok Jagtap Vs Income Tax Office

    (2026) TaxCorp(LJ) 37468 (ITAT-MUMBAI) · Section 271(1)(c)

  13. ITAT Mumbai · 02 Feb 2026
    Mumbai ITAT Rules in Favour of Employee: ESPP Shares and Dividend Reinvestment Not ‘Undisclosed Foreign Assets’ under Black Money Act

    Ketan Ramesh Dhamanaskar Vs Addl.CIT

    (2026) TaxCorp(LJ) 37467 (ITAT-MUMBAI)

  14. ITAT Delhi · 02 Feb 2026
    Delhi ITAT Declares Block Assessment Order Void Ab Initio Due to Limitation Lapse in Search and Seizure Proceedings

    Vivek Chanana L/H of Late Shri O.P. Chanana Vs ACIT

    (2026) TaxCorp(LJ) 37466 (ITAT-DELHI) · Section 158BE

  15. ITAT Delhi · 02 Feb 2026
    Delhi ITAT Quashes Rs 473.71 Cr. Addition: AO’s Failure to Identify Charging Section under Section 2(24)(iv) Proves Fatal; Search Warrant Drafting Flaw Deemed Non-Prejudicial

    Jag Mohan Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37465 (ITAT-DELHI) · Section 2(24)(iv)

  16. ITAT Delhi · 02 Feb 2026
    Delhi ITAT Upholds Rejection of Section 54B Deduction for Agricultural Land Purchased in Spouse’s Name: Judicial Precedents Cited

    Adel Saini Vs Income Tax Officer

    (2026) TaxCorp(LJ) 37464 (ITAT-DELHI)

  17. ITAT Delhi · 03 Feb 2026
    Delhi ITAT Invalidates Section 147 Reassessment for Lack of Valid Section 143(2) Notice with DIN, Citing CBDT Circular and Statutory Mandate

    Lalita Agarwal Vs The Income tax Officer

    (2026) TaxCorp(LJ) 37463 (ITAT-DELHI) · Section 147

  18. Bombay High Court · 03 Feb 2026
    Bombay High Court Quashes Order Denying Vivad Se Vishwas Benefit to Wife Where Husband’s Application Was Allowed, Citing Section 5A Community Income Principle

    Sharen Nitin Naik Vs The Principal Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37462 (HC-BOMBAY)

  19. Calcutta High Court · 03 Feb 2026
    Calcutta High Court Upholds Revenue’s Power to Inspect Seized Articles During Pending Section 263 Proceedings—Assessee’s Challenge Dismissed

    Miraj Digvijay Shah Vs The Assistant Commissioner of Income Tax

    (2026) TaxCorp(LJ) 37461 (HC-CALCUTTA)

  20. Bombay High Court · 03 Feb 2026
    Bombay High Court Nullifies Rs. 1,284.66 Crore ICDS Adjustment Against Rallis India Ltd for Non-compliance with Section 143(1) Provisos and Breach of Natural Justice

    Rallis India Limited Vs Central Processing Centre and Ors.

    (2026) TaxCorp(LJ) 37460 (HC-BOMBAY)

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