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Landmark Rulings

Direct Tax landmark rulings

15,774 rulings

  1. ITAT Ahmedabad · 23 Dec 2025
    Ahmedabad ITAT Clarifies Section 54F Benefit: Under-Construction Business Assets Not Counted as Residential Houses for Exemption Eligibility

    Aditya Harshvadan Mangaldas Vs Deputy Commissioner of Income Tax

    (2025) TaxCorp(LJ) 37240 (ITAT-AHMEDABAD) · Section 54F

  2. ITAT Delhi · 23 Dec 2025
    Delhi ITAT Rules Salary Reimbursements to Japanese Parent for Seconded Employees Not Taxable as FTS under Income Tax Act or India-Japan DTAA

    Toshiba Energy System & Solutions Corporation Vs The Deputy Commissioner of Income Tax

    (2025) TaxCorp(LJ) 37239 (ITAT-DELHI)

  3. ITAT Delhi · 23 Dec 2025
    Delhi ITAT Quashes Additions Under Sections 69A & 69C for Cash Purchases Where AO Oversteps Section 263 Directions; Purchases from Regulated Mandi with Full Documentation Upheld

    Ankur Mittal Vs Dy. Commissioner of Income Tax

    (2025) TaxCorp(LJ) 37238 (ITAT-DELHI)

  4. Bombay High Court · 18 Dec 2025
    Bombay High Court Holds Subsequent Assessment Order under Section 143(3) Supersedes Prior Intimation under Section 143(1) Regarding Section 10B Deduction Disallowance

    Halliburton Technology India Private Limited Vs Assistant Commissioner of Income Tax

    (2025) TaxCorp(LJ) 37225 (HC-BOMBAY) · Section 143(1)

  5. ITAT Delhi · 18 Dec 2025
    Delhi ITAT Invalidates Assessment Order for Manual Signature in E-Proceedings; Upholds Non-Taxability of Software License Receipts as FTS

    Outsytems Singapore Pte. Ltd Vs The Deputy Commissioner of Income Tax

    (2025) TaxCorp(LJ) 37224 (ITAT-DELHI)

  6. ITAT Bangalore · 18 Dec 2025
    Assessment Order Held Void: Bangalore ITAT Quashes Reassessment Beyond Section 153B Time Limit in Search Case

    Aakruti Ruia Vs The Dy.Commissioner of Income Tax

    (2025) TaxCorp(LJ) 37223 (ITAT-BANGALORE) · Sections 147, 153B

  7. ITAT Ahmedabad · 18 Dec 2025
    Ahmedabad ITAT Rules in Favour of Assessee: Section 56(2)(viib) Not Invocable Where Agreement Predates Registration and Partial Consideration Paid by Cheque

    Himmatbhai M Patel Vs ITO

    (2025) TaxCorp(LJ) 37222 (ITAT-AHMEDABAD)

  8. ITAT Mumbai · 18 Dec 2025
    Mumbai ITAT Sets Aside Penalty Under Section 271(1)(c) for Disallowance of Guarantor Expenditure Due to Inconsistent Satisfaction and Full Disclosure by Assessee

    Khanna Rayon Industries Pvt. Ltd Vs Dy.CIT–4(2)(1)

    (2025) TaxCorp(LJ) 37221 (ITAT-MUMBAI) · Section 271(1)(c)

  9. Supreme Court · 16 Dec 2025
    Supreme Court Rejects Income Tax Department’s SLP After 900-Day Delay; No Exceptional Leniency for Government Lapses

    Shriram City Union Finance Co Ltd Vs CIT

    (2025) TaxCorp(LJ) 37220 (SC)

  10. Madras High Court · 16 Dec 2025
    Madras High Court Upholds Validity of Reassessment Where AO Failed to Examine 80HHC Deduction Claim in Original Scrutiny Assessment

    Jasmine Towels (P) Ltd. Vs Asst. Commissioner Of Income Tax

    (2025) TaxCorp(LJ) 37219 (HC-MADRAS) · Sections 80HHC, 147

  11. ITAT Delhi · 16 Dec 2025
    Delhi ITAT Rules Loan Liability Not Taxable under Section 41(1): Absence of Write-Back and Nature of Liability Decisive

    J L G Developers Ltd Vs The Income tax Officer

    (2025) TaxCorp(LJ) 37218 (ITAT-DELHI) · Section 41(1)

  12. ITAT Delhi · 16 Dec 2025
    Delhi ITAT Nullifies Reassessment for Lack of Independent Approval and Absence of Assessee’s Default Beyond Four Years in Share Application Case

    Anchor Alloys (P) Ltd. Vs ACIT

    (2025) TaxCorp(LJ) 37217 (ITAT-DELHI) · Sections 147, 151

  13. ITAT Delhi · 16 Dec 2025
    Delhi ITAT Quashes Section 68 Addition: AO’s Failure to Issue Summons and Lack of Evidence Fatal to Revenue’s Case

    Surender Singh Sangwan Vs ITO

    (2025) TaxCorp(LJ) 37216 (ITAT-DELHI) · Section 68

  14. ITAT Mumbai · 15 Dec 2025
    Mumbai ITAT Affirms LTCG Exemption and Quashes Section 68 Addition for 15-Year Shareholding Despite Revenue’s Penny Stock Allegations

    KS Distribution and Sales Pvt. Ltd Vs ACIT

    (2025) TaxCorp(LJ) 37208 (ITAT-MUMBAI) · Section 10(38)

  15. Madras High Court · 15 Dec 2025
    Madras High Court Upholds Validity of Reassessment Initiated under Section 148A(b) for Disallowance of Business Loss, Emphasizes Compliance with Ashish Agarwal SC Guidelines

    Golden Enterprises Vs The Income Tax Officer

    (2025) TaxCorp(LJ) 37207 (HC-MADRAS)

  16. Bombay High Court · 15 Dec 2025
    Bombay High Court Upholds Consistency: Revenue’s Challenge to Set-Off of Short-Term Capital Loss Against Long-Term Capital Gain in Family Cases Dismissed

    Avinash B. Jaising Vs Pr. Commissioner of Income Tax

    (2025) TaxCorp(LJ) 37206 (HC-BOMBAY)

  17. Bombay High Court · 15 Dec 2025
    Bombay High Court Sets Aside 15% Pre-deposit Requirement, Grants Complete Stay on Tax Demand Against State-Funded Educational Trust Taxed on Gross Receipts

    Godavari Shikshan Prasarak Mandal Sindhi Vs Commissioner of Income Tax

    (2025) TaxCorp(LJ) 37205 (HC-BOMBAY)

  18. Delhi High Court · 15 Dec 2025
    Delhi High Court Quashes Reassessment Notices: No Fresh Material, Electronic Form 10DA Filing Lapse Not Valid Ground

    Matrix Clothing Pvt Ltd Vs ACIT

    (2025) TaxCorp(LJ) 37204 (HC-DELHI)

  19. ITAT Mumbai · 15 Dec 2025
    Mumbai ITAT Quashes Section 69A Additions Against Anil D. Ambani: Finds No Independent Evidence for HSBC Geneva Deposits

    Shri Anil Dhirajlal Ambani Vs DCIT

    (2025) TaxCorp(LJ) 37203 (ITAT-MUMBAI) · Section 69A

  20. ITAT Ahmedabad · 15 Dec 2025
    Ahmedabad ITAT Affirms AO’s Power to Substitute Penalty Section via Section 154 Rectification for Apparent Error in Penalty Initiation

    Piyush Garg Vs The DCIT

    (2025) TaxCorp(LJ) 37202 (ITAT-AHMEDABAD) · Sections 271AAB, 271AAC, 154

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