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Landmark Rulings

Direct Tax landmark rulings

15,774 rulings

  1. ITAT Delhi · 24 Aug 2025
    Delhi ITAT Affirms Section 54 Exemption for Investment in Seven Adjoining Flats Treated as One Residential House

    Saroj Rani Vs The I.T.O

    (2025) TaxCorp(LJ) 36660 (ITAT-DELHI)

  2. ITAT Chennai · 24 Aug 2025
    Chennai ITAT Affirms Section 32AC Deduction for TVS Motor on Technical Drawings; Simultaneous Depreciation and Additional Depreciation Claims Permitted

    TVS Motor Company Limited Vs Deputy Commissioner of Income Tax

    (2025) TaxCorp(LJ) 36659 (ITAT-CHENNAI)

  3. ITAT Delhi · 24 Aug 2025
    Delhi ITAT Upholds Cash Purchases of Liquor; Disallowance under Section 40A(3) Set Aside Due to Business Exigencies and Rule 6DD Exceptions

    Sabha Chand Vs Income Tax Officer

    (2025) TaxCorp(LJ) 36658 (ITAT-DELHI) · Section 40A(3)

  4. ITAT Delhi · 24 Aug 2025
    Delhi ITAT Clarifies: Payments to Foreign Law Firms Not Taxable as FTS under Section 9(1)(vii); Professional Services Distinct for TDS, Section 40(a)(i) Disallowance Set Aside

    Subramaniam Hariharan Vs ACIT

    (2025) TaxCorp(LJ) 36657 (ITAT-DELHI) · Section 9(1)(vii)

  5. ITAT Chennai · 24 Aug 2025
    ITAT Chennai Overrules CIT(E), Upholds 80G Approval for TVS Charities: Mutuality Doctrine Rejected, Tax Payments Recognized as Charitable Application

    TVS Charities Vs The ITO

    (2025) TaxCorp(LJ) 36656 (ITAT-CHENNAI)

  6. Bombay High Court · 22 Aug 2025
    Bombay High Court Recognizes Commencement of Business at Preparatory Stage; Permits Interest Deduction Against Income from Sister Concern Loans

    Modi Business Centre Pvt. Ltd Vs DCIT

    (2025) TaxCorp(LJ) 36655 (HC-BOMBAY)

  7. Bombay High Court · 22 Aug 2025
    Bombay High Court Holds Retrospective Application of Second Proviso to Section 40(a)(ia); Disallowance of Expenses Set Aside Where Payees Have Paid Taxes

    Morgan Stanley India Capital Pvt Ltd Vs Principal Commissioner of Income Tax

    (2025) TaxCorp(LJ) 36654 (HC-BOMBAY) · Section 40(a)(ia)

  8. AP High Court · 22 Aug 2025
    Telangana High Court Quashes Physical Reassessment Notices Issued by AO for Violating Mandate of Faceless Proceedings under Section 151A

    Mallesh Goud Donkeni Vs Income-Tax Officer

    (2025) TaxCorp(LJ) 36653 (HC-AP)

  9. ITAT Mumbai · 21 Aug 2025
    ITAT Mumbai Rules Disallowance of Carry Forward of Long-Term Capital Loss under Section 143(1)(a) Invalid Without Prior Notice; Matter Remanded to CIT(A) for Verification

    Nirmala Nawal Phatarphekar Vs ITO

    (2025) TaxCorp(LJ) 36652 (ITAT-MUMBAI) · Section 143(1)(a)

  10. ITAT Mumbai · 21 Aug 2025
    Mumbai ITAT Quashes PCIT’s Section 263 Revision; Holds Proper AO Enquiry on CSR Deduction under Section 80G Sufficient to Sustain Assessment

    Pashupati Capital Services Pvt. Ltd Vs PCIT

    (2025) TaxCorp(LJ) 36651 (ITAT-MUMBAI) · Section 80G

  11. ITAT Bangalore · 21 Aug 2025
    ITAT Bangalore Quashes Disallowance of Farm Maintenance Expenses in Absence of Incriminating Material, Upholds Addition for Undisclosed Cash Based on Google Drive Evidence

    Crystal Hatcheries Pvt. Ltd Vs The ACIT

    (2025) TaxCorp(LJ) 36650 (ITAT-BANGALORE)

  12. ITAT Mumbai · 21 Aug 2025
    Mumbai ITAT Quashes 3% Net Profit Addition on Liquor Trader: Emphasizes No Scope for Presumptive Estimation Post Submission of Complete Books and VAT Records

    Late Mr. Shankerlal Doulatram Ramani (Through legal heir Mr. Rajesh Shankerlal Ramani) Vs ACIT

    (2025) TaxCorp(LJ) 36649 (ITAT-MUMBAI)

  13. ITAT Mumbai · 21 Aug 2025
    Mumbai ITAT Confirms Penalty for Non-Disclosure of Forex Gains; Upholds CIT(A) Correction of Section Invoked under Section 270A(9)(a) for Misrepresentation

    Creative Ashtech Power Projects Private Limited Vs DCIT

    (2025) TaxCorp(LJ) 36648 (ITAT-MUMBAI)

  14. Bombay High Court · 20 Aug 2025
    Bombay High Court Validates Substantial Notional Rental Valuation Over Nominal Rent Amidst Large Security Deposit in Citibank Lease Case

    Tivoli Investment & Trading Co. Pvt. Ltd Vs The ACIT

    (2025) TaxCorp(LJ) 36646 (HC-BOMBAY)

  15. ITAT Ahmedabad · 20 Aug 2025
    Ahmedabad ITAT Affirms Section 68 Addition: Penny Stock Gains Deemed Sham, Transaction Lacks Commercial Credibility

    Krutik Ashokkumar Parikh-HUF Vs Income Tax Officer

    (2025) TaxCorp(LJ) 36645 (ITAT-AHMEDABAD)

  16. ITAT Kolkata · 20 Aug 2025
    Kolkata ITAT Upholds PCIT’s Section 263 Revision for Non-Consideration of Expense Apportionment in Section 80IA Deduction Computation

    Shyam Metalics and Energy Ltd Vs ACIT

    (2025) TaxCorp(LJ) 36644 (ITAT-KOLKATA) · Section 263

  17. ITAT Mumbai · 20 Aug 2025
    Mumbai ITAT Upholds Genuineness of Capital Loss on JM Balanced Fund Redemption: Disallows Revenue’s Sham Allegation in Absence of Regulatory Censure

    CMS Computers Limited Vs DCIT

    (2025) TaxCorp(LJ) 36643 (ITAT-MUMBAI)

  18. ITAT Mumbai · 20 Aug 2025
    Mumbai ITAT Rules Deemed Dividend Provisions Inapplicable as Year-End Shareholding Below Threshold; AO’s Addition Deleted

    Vinita Pawankumar Saraf Vs ITO

    (2025) TaxCorp(LJ) 36642 (ITAT-MUMBAI)

  19. Supreme Court · 19 Aug 2025
    Supreme Court Reiterates Dismissal of Revenue SLPs in JAO-FAO Dispute, Cites Delay and Merits; 700-Appeal Batch Remains Pending

    Prakash Pandurang Patil Vs ITO

    (2025) TaxCorp(LJ) 36640 (SC)

  20. Bombay High Court · 19 Aug 2025
    Bombay High Court Declares Vintage Car Not a Personal Effect; Subject to Capital Gains Tax Due to Lack of Evidence of Personal Use

    Narendra I. Bhuva Vs Assistant Commissioner of Income Tax

    (2025) TaxCorp(LJ) 36639 (HC-BOMBAY)

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