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Landmark Rulings

Direct Tax landmark rulings

15,774 rulings

  1. ITAT Delhi · 29 May 2025
    Delhi ITAT Quashes Section 68 Additions Where Unsecured Loans Were Fully Repaid Through Banking Channels and Onus Discharged by the Assessee

    Saroj Rani Vs ITO

    (2025) TaxCorp(LJ) 35348 (ITAT-DELHI)

  2. ITAT Delhi · 29 May 2025
    SAFEMA Tribunal Affirms Benami Attachments: Mastermind’s Manipulative Land Acquisitions Unravelled Under Amended Benami Law

    Hemraj Dhobhi Vs The Initiating Officer

    (2025) TaxCorp(LJ) 35347 (ITAT-DELHI)

  3. ITAT Mumbai · 29 May 2025
    Mumbai ITAT Quashes Section 68 Addition as Tax Paid on Declared Gross Receipts, Revises AO and CIT(A) Findings in ‘Raju Auto Garage’ Case

    Ramel Ajit Singh Vs Income Tax Officer

    (2025) TaxCorp(LJ) 35346 (ITAT-MUMBAI) · Section 68

  4. ITAT Mumbai · 28 May 2025
    Mumbai ITAT Rules Tenancy Surrender Taxable under Capital Gains, Not Section 56(2)(x)(b)(B); Deduction under Section 54F Allowed

    Vasant Nagorao Barabde Vs DCIT

    (2025) TaxCorp(LJ) 35345 (ITAT-MUMBAI) · Section 56(2)(x)(b)(B)

  5. Madras High Court · 28 May 2025
    Madras High Court Permits Section 80IB Deduction for AY 2006-07 Despite Return Filing Omission; Restriction under Section 80AC Applies Prospectively from AY 2007-08

    Coromondel Cabeles P. Ltd Vs The Assistant Commissioner of Income Tax

    (2025) TaxCorp(LJ) 35344 (HC-MADRAS) · Section 80IB

  6. Madras High Court · 28 May 2025
    Madras High Court Rules Factory-Grown Button Mushroom Income Not Exempt as ‘Agricultural Income’ under Section 10(1); Clarifies Scope of Section 2(1A) Definition

    British Agro Products (India) Pvt. Ltd Vs The Principal Commissioner of Income Tax

    (2025) TaxCorp(LJ) 35343 (HC-MADRAS)

  7. Madras High Court · 27 May 2025
    Madras High Court Denies Section 11(4A) Exemption to Microfinance Entity, Citing Lending Business as Non-Charitable

    Kalanjiam Development Financial Services Vs Income Tax Officer

    (2025) TaxCorp(LJ) 35342 (HC-MADRAS)

  8. Delhi High Court · 27 May 2025
    Delhi High Court Upholds Deletion of Addition under Section 68; Recognizes Taxation of Inflated Purchase Proceeds in Hands of Group Entity

    R B Farms And Estates Pvt. Ltd Vs PCIT

    (2025) TaxCorp(LJ) 35341 (HC-DELHI)

  9. ITAT Delhi · 27 May 2025
    Delhi ITAT Curtails PCIT’s Revisional Power Under Section 263 in DLF Home Developers Case: Upholds AO’s Plausible Assessment

    DLF Home Developers Limited Vs Pr.CIT

    (2025) TaxCorp(LJ) 35340 (ITAT-DELHI)

  10. ITAT Mumbai · 27 May 2025
    Mumbai ITAT Rules Taxability of Share Rights Entitlement Gains Under India-Saudi Arabia DTAA – Gains Taxable Only in Saudi Arabia

    General Organization for Social Insurance Vs ACIT(IT)

    (2025) TaxCorp(LJ) 35339 (ITAT-MUMBAI)

  11. Calcutta High Court · 26 May 2025
    Calcutta High Court Upholds Validity of Reassessment Based on Unexplained Bank Credit; Tribunal’s Order Overturned in Case Involving ₹1 Crore Transaction with Shell Company

    Event Developers P. Ltd. Vs PCIT

    (2025) TaxCorp(LJ) 35338 (HC-CALCUTTA)

  12. Delhi High Court · 27 May 2025
    Delhi High Court Overturns Reassessment for Alleged Penny Stock Gains in DMC Shares, Citing Lack of Specific Evidence and Independent Application of Mind

    CNB FINWIZ LTD Vs DCIT

    (2025) TaxCorp(LJ) 35337 (HC-DELHI)

  13. Delhi High Court · 28 May 2025
    Delhi High Court Sets Aside Section 153C Notice for AY 2021-22: Absence of Incriminating Material Fatal to Reassessment Proceedings

    Panch Tatva Promoters Private Limited Vs ACIT

    (2025) TaxCorp(LJ) 35336 (HC-DELHI) · Section 153C

  14. Gujarat High Court · 28 May 2025
    Gujarat High Court Orders Revenue to Condone Delay in ITR for Non-Resident Seller Affected by COVID-19 Travel Restrictions; Refund of TDS Directed

    Sunil Kumar Dalichand Bilakhia Vs CIT

    (2025) TaxCorp(LJ) 35335 (HC-GUJARAT)

  15. Gauhati High Court · 29 May 2025
    Gauhati High Court Affirms Section 10(26) Exemption for Scheduled Tribe Member Working in Notified Area, Regardless of Original Domicile

    Chyawan Prakash Meena Vs The CIT

    (2025) TaxCorp(LJ) 35334 (HC-GAUHATI) · Section 10(26)

  16. Delhi High Court · 29 May 2025
    Delhi High Court Upholds Revenue’s Revisionary Powers: Assessment Order Set Aside for Lack of Inquiry and Verification of Sundry Creditors

    Delhi Gurgaon Super Connectivity Ltd Vs PCIT

    (2025) TaxCorp(LJ) 35333 (HC-DELHI) · Section 263

  17. Gujarat High Court · 30 May 2025
    Gujarat High Court Sets Aside AO’s Assessment for Denial of Cross-Examination Despite Explicit Judicial Directions

    Maa Padmavati Exports Vs THE ASSESSMENT UNIT, INCOME TAX DEPARTMENT & ANR.

    (2025) TaxCorp(LJ) 35332 (HC-GUJARAT)

  18. Chhattisgarh High Court · 30 May 2025
    Chhattisgarh High Court Rules Revenue’s Disallowance of Delayed ESI/EPF Deposit under Section 143(1)(a) as Legally Unsustainable in Light of Debatable Jurisprudence

    Raj Kumar Bothra Vs Deputy Commissioner Of Income Tax

    (2025) TaxCorp(LJ) 35331 (HC-CHHATTISGARH) · Section 143(1)(a)

  19. ITAT Mumbai · 30 May 2025
    Mumbai ITAT Rules Mesne Profits Received by Housing Society as Non-Taxable Capital Receipt Following Divergent High Court Views

    Vile Parle Prarthana CHS Ltd Vs ACIT

    (2025) TaxCorp(LJ) 35330 (ITAT-MUMBAI)

  20. ITAT Bangalore · 30 May 2025
    Bangalore ITAT Nullifies Penalty under Section 271D: Cash Received on Property Sale Prior to 269SS Amendment Not a Contravention

    Bhavanishanker Naik Vs The Income Tax Officer

    (2025) TaxCorp(LJ) 35329 (ITAT-BANGALORE) · Section 269SS

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