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Landmark Rulings

Direct Tax landmark rulings

15,774 rulings

  1. ITAT Mumbai · 13 Jun 2025
    Mumbai ITAT Upholds Deemed Dividend Addition Under Section 2(22)(e) Based on Substantial Shareholding and Questionable ROC Filings

    Ajay S Dhumal Vs ITO-26(2)(4)

    (2025) TaxCorp(LJ) 35389 (ITAT-MUMBAI)

  2. Gujarat High Court · 12 Jun 2025
    Gujarat High Court Invalidates Section 148 Notice for AY 2016-17: Reassessment Held Unlawful Due to Mere Change of Opinion on Capital Asset Classification

    Aditya Hemang Patel Vs The ITO

    (2025) TaxCorp(LJ) 35388 (HC-GUJARAT)

  3. Bombay High Court · 13 Jun 2025
    Bombay High Court Sets Aside Reassessment Order for Breach of Natural Justice; Revenue Barred from Further Action Pending Proper Disposal of Assessee’s Objections

    Kalpesh R. Varia HUF Through Karta Vs Income Tax Officer

    (2025) TaxCorp(LJ) 35387 (HC-BOMBAY)

  4. ITAT Mumbai · 12 Jun 2025
    Mumbai ITAT Allows Deduction of BSE/NSE and SEBI Charges Paid by Goldman Sachs (India) Securities, Distinguishes Non-Statutory Violations from Penal Payments

    Goldman Sachs (India) Securities Private Limited Vs ACIT

    (2025) TaxCorp(LJ) 35386 (ITAT-MUMBAI)

  5. ITAT Delhi · 12 Jun 2025
    Delhi ITAT Rules Section 50 Inapplicable: Sale of Shares via Put Option Cannot Be Treated as Sale of Underlying Assets for STCG Purposes

    Sangita Kshetry Vs ACIT

    (2025) TaxCorp(LJ) 35385 (ITAT-DELHI)

  6. ITAT Ahmedabad · 12 Jun 2025
    Ahmedabad ITAT Affirms CIT(A)’s Deletion of ₹3.5 Crore Addition under Section 68: Presumption by AO Not a Substitute for Evidence in Property Advance Case

    Leela News Network Private Limited Vs The ACIT

    (2025) TaxCorp(LJ) 35384 (ITAT-AHMEDABAD)

  7. ITAT Bangalore · 12 Jun 2025
    ITAT Bangalore Orders Re-examination of Additions under Sections 69 and 56; Holds Non-Resident’s Procedural Lapse Not Willful, Permits Filing of Additional Evidence

    Shri Gaurav Banerjee Vs The Income Tax Officer

    (2025) TaxCorp(LJ) 35383 (ITAT-BANGALORE)

  8. ITAT Mumbai · 12 Jun 2025
    ITAT Mumbai Quashes Section 68 Addition on Cash Deposits During Demonetisation Citing Lack of Investigation and Reliance on Ad-Hoc Formula

    Dhanaji Budhaji & Co. Vs Income Tax Officer

    (2025) TaxCorp(LJ) 35382 (ITAT-MUMBAI) · Section 68

  9. ITAT Delhi · 11 Jun 2025
    Delhi ITAT Sets Aside CIT(A) Order for Non-Compliance with Rule 46A(3); Directs Fresh Adjudication Ensuring Due Process for Additional Evidence

    MG Housing Pvt Ltd Vs The Dy.C.I.T

    (2025) TaxCorp(LJ) 35381 (ITAT-DELHI) · Section 250(4)

  10. ITAT Bangalore · 11 Jun 2025
    ITAT Bangalore Quashes Deemed Dividend Addition Under Section 2(22)(e); Finds Cash Seizure Merely Custodial, Not Personal Benefit

    Dr. HM Venkatappa Vs The Dy.Commissioner of Income Tax

    (2025) TaxCorp(LJ) 35380 (ITAT-BANGALORE)

  11. ITAT Delhi · 11 Jun 2025
    Delhi ITAT Rules Offshore Supply by Chinese Telecom Firm to Indian PSUs Not Taxable under Section 44BBB; Strikes Down CIT(IT)’s Section 263 Revision Order

    Shenhzhen SDG Information Co. Ltd Vs Commissioner of Income Tax

    (2025) TaxCorp(LJ) 35379 (ITAT-DELHI) · Section 263

  12. ITAT Delhi · 11 Jun 2025
    Delhi ITAT Rules Standard Flight Simulator Services Provided to Indian Pilots in Ethiopia Not Taxable as Fee for Technical Services (FTS); No Customization or Indian Nexus Found

    Ethiopian Airlines Group Vs ACIT

    (2025) TaxCorp(LJ) 35378 (ITAT-DELHI)

  13. ITAT Delhi · 11 Jun 2025
    Delhi ITAT Reaffirms Option Money from Share Sale in JV as Capital Receipt, Not Business Income, for Dabur Invest Corp.

    Dabur Invest Corp Vs ACIT

    (2025) TaxCorp(LJ) 35377 (ITAT-DELHI)

  14. Delhi High Court · 13 Jun 2025
    Delhi High Court Orders Revenue to Grant Full TDS Credit to NRI Seller Despite Buyers’ Procedural Error in TDS Return Filing

    Parag Keshav Bopardikar Vs ITO

    (2025) TaxCorp(LJ) 35376 (HC-DELHI)

  15. Forein High Court · 21 Jul 2025
    Irish Court of Appeal Rules U.S. Transparent Parent Not Resident for DTAA; Denies Group Relief to Irish Subsidiaries

    Susquehanna International Securities Limited Vs Foreign Court Ireland

    (2025) TaxCorp(LJ) 35375 (HC-Forein) · Section 411

  16. Madras High Court · 19 Jul 2025
    Madras High Court Upholds Deduction of Bad Debt from Group Company Guarantee Loss as Business Expenditure

    Star Investments Pvt. Ltd Vs Commissioner of Income Tax

    (2025) TaxCorp(LJ) 35374 (HC-MADRAS)

  17. Madras High Court · 10 Jun 2025
    Madras High Court Upholds CBDT Circulars: No Vivad Se Vishwas Amnesty for Assessee with Disputed Tax Over ₹5 Crore from Search Assessments

    Future Plus Enterprise Vs The Principal Commissioner of Income Tax

    (2025) TaxCorp(LJ) 35372 (HC-MADRAS)

  18. ITAT Delhi · 10 Jun 2025
    Delhi ITAT Affirms Excise Duty Exemption as Capital Receipt for P.C. Jeweller; Allows Fresh Claim Before CIT(A) Despite Prior Revenue Classification

    P.C. Jeweller Limited Vs DCIT

    (2025) TaxCorp(LJ) 35371 (ITAT-DELHI)

  19. ITAT Mumbai · 10 Jun 2025
    Mumbai ITAT Orders Reference to Valuation Officer under Section 50C for Sale of Fixed Asset; Rejects Section 43CA Applicability in Absence of Inventory Treatment

    Ritu Multitrade Services Pvt. Ltd Vs Income Tax Officer

    (2025) TaxCorp(LJ) 35370 (ITAT-MUMBAI) · Sections 43CA, 50C

  20. ITAT Pune · 10 Jun 2025
    Pune ITAT Upholds Assessee’s Short-Term Capital Gains as Genuine Amidst Lack of Evidence of Manipulation in Exchange-Traded Penny Stock Transactions

    Sonal Ashish Shah Vs ITO

    (2025) TaxCorp(LJ) 35369 (ITAT-PUNE)

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