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Landmark Rulings

All landmark rulings

21,138 rulings

  1. Direct Tax ·Bombay High Court · 15 May 2026
    Bombay High Court Invalidates Belated Reassessment, Citing Absence of Assessee’s Default in Disclosure under Section 147 Proviso

    GSTAAD Hotels Pvt Ltd Vs Assistant Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38079 (HC-BOMBAY) · Section 147

  2. Direct Tax ·ITAT Chandigarh · 15 May 2026
    ITAT Chandigarh Rules Against Depreciation Claim on Land Use Conversion Charges Paid by Lessee for Non-Owned Land

    Joshi Automotive Pvt. Ltd Vs The Asst.CIT

    (2026) TaxCorp(LJ) 38078 (ITAT-CHANDIGARH)

  3. Direct Tax ·ITAT Delhi · 15 May 2026
    Delhi ITAT Orders Fresh Valuation for Unquoted Shares Issued at Premium; Directs AO to Ensure Compliance with Sec. 56(2)(viib) and Rule 11UA

    Cinestaan Entertainment Pvt. Ltd Vs ACIT

    (2026) TaxCorp(LJ) 38077 (ITAT-DELHI)

  4. Direct Tax ·ITAT Mumbai · 15 May 2026
    Mumbai ITAT Upholds Penalty under Section 271AAC on Unexplained Property Investment Unearthed in Search Despite Pending High Court Appeal

    Anil Kantilal Shah Vs ACIT

    (2026) TaxCorp(LJ) 38076 (ITAT-MUMBAI) · Section 271AAC

  5. Direct Tax ·ITAT Mumbai · 15 May 2026
    Mumbai ITAT Upholds Consistent Allowance of Trademark Depreciation Post-Amalgamation; Disallows Section 14A Disallowance in Absence of Exempt Income

    Transworld Furtichem Private Limited Vs DCIT

    (2026) TaxCorp(LJ) 38075 (ITAT-MUMBAI)

  6. Direct Tax ·ITAT Mumbai · 16 May 2026
    Mumbai ITAT Affirms Full Exemption for BSNL VRS Compensation as Capital Receipt under Section 10(10B); Remands Matter for AO Verification

    Bajirao Shankar Jagdale Vs ITO

    (2026) TaxCorp(LJ) 38074 (ITAT-MUMBAI)

  7. Direct Tax ·Madras High Court · 16 May 2026
    Madras High Court Upholds Penalty for Deliberate Concealment of Capital Gains Despite Advance Tax Payment

    Sarita Jain Vs The Assistance Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38073 (HC-MADRAS)

  8. Direct Tax ·ITAT Mumbai · 16 May 2026
    ITAT Mumbai Bars Double Taxation of Commission on Accommodation Entries; Restricts Addition to Sales Already Covered Under VsV Scheme

    Samnik General Trading Company Pvt. Ltd Vs ACIT

    (2026) TaxCorp(LJ) 38072 (ITAT-MUMBAI)

  9. Direct Tax ·ITAT Chennai · 16 May 2026
    Chandigarh ITAT Confirms PCIT’s Section 263 Revision: AO's Failure to Examine Forfeited Advance and Gift Transactions Held Erroneous and Prejudicial

    Pavit Pal Singh Vs The PCIT

    (2026) TaxCorp(LJ) 38071 (ITAT-CHENNAI) · Section 263

  10. Direct Tax ·ITAT Mumbai · 19 May 2026
    Mumbai ITAT Quashes AO’s Arbitrary 50% Income Estimation Under Section 44ADA, Upholds Assessee's Eligibility for Section 44AD on Business Correspondent Activity

    Manoj Rajaram Sharma Vs ITO

    (2026) TaxCorp(LJ) 38070 (ITAT-MUMBAI) · Section 44ADA

  11. Direct Tax ·ITAT Bangalore · 16 May 2026
    Bangalore ITAT Upholds Assessment Under Section 143(3) Following Section 263 Revision Without Requirement of Fresh Section 143(2) Notice

    G Corp Pvt. Ltd Vs The DCIT

    (2026) TaxCorp(LJ) 38069 (ITAT-BANGALORE) · Section 143(2)

  12. GST ·Delhi High Court · 28 Apr 2026
    Delhi High Court Quashes State GST Proceedings Due to Overlap with Prior CGST Notice; Orders Adjudication Sequence Under Section 6

    TS-294-HCDEL-2026-GST-MAA_JAGDAMBE_ENGINEERING

    (2026) TaxCorp(IDT) 12348 (HC-DELHI)

  13. GST ·HP High Court · 28 Apr 2026
    Himachal Pradesh High Court Rules State Cannot Enforce Pre-IBC GST Dues Post-Resolution Plan Approval; Orders Immediate Unblocking of Rs. 4.27 Crore ITC

    Radiant Castings Private Limited Vs. Joint Commissioner of State Taxes & Excise & Anr.

    (2026) TaxCorp(IDT) 12347 (HC-HP)

  14. GST ·Bombay High Court · 28 Apr 2026
    Bombay High Court: Appellate Order Invalid for Denying TRAN-1 Credit Based on MVAT System Mismatch, Limits Jurisdiction to Transitional Credit Provisions

    Gunjan Surgical and Scientific Co. v. State of Maharashtra & Ors.

    (2026) TaxCorp(IDT) 12346 (HC-BOMBAY)

  15. GST ·Bombay High Court · 28 Apr 2026
    Bombay High Court Sets Aside GST Demand of ₹16.90 Crore on University of Mumbai, Holds Affiliation Fees Not Liable to GST as “Supply” Under CGST/MGST

    University of Mumbai vs. Union of India & Ors.

    (2026) TaxCorp(IDT) 12345 (HC-BOMBAY)

  16. GST ·Kerala High Court · 28 Apr 2026
    Kerala High Court Quashes Unilateral Blocking of Input Tax Credit Ledger Under Rule 86A Without Proper Enquiry or Satisfaction

    Icon Ply vs Commissioner of State Tax & Another

    (2026) TaxCorp(IDT) 12344 (HC-KERALA)

  17. Direct Tax ·Delhi High Court · 29 Apr 2026
    Delhi High Court Quashes Tax on Shareholders for Company’s Assets; Strict Statutory Interpretation Mandated, Substance Over Form Doctrine Not Invocable Without Express Provision

    Pradeep Wig Vs PCIT

    (2026) TaxCorp(LJ) 38068 (HC-DELHI)

  18. Direct Tax ·ITAT Mumbai · 29 Apr 2026
    Mumbai ITAT Orders Fresh Assessment on Section 68 Addition, Citing Inadequate Examination of Alleged Accommodation Entries and Overreliance on Assessee’s Documentation

    NIBR Bullion Pvt. Ltd Vs ITO

    (2026) TaxCorp(LJ) 38067 (ITAT-MUMBAI)

  19. Direct Tax ·ITAT Ahmedabad · 29 Apr 2026
    Ahmedabad ITAT Overturns CIT(A) Order Due to Erroneous Assumption of Ex-Parte Assessment Under Section 144; Directs De Novo Adjudication Under Correct Legal Framework

    Mukesh Commotrade Pvt. Ltd Vs Deputy Commissioner of Income Tax

    (2026) TaxCorp(LJ) 38066 (ITAT-AHMEDABAD)

  20. Direct Tax ·ITAT Mumbai · 29 Apr 2026
    Mumbai ITAT Orders Fresh Adjudication on Section 11 Exemption Post-Ahmedabad Urban Development Authority Ruling and New Proviso to Section 2(15)

    Bombay Chamber of Commerce and Industry Vs DCIT

    (2026) TaxCorp(LJ) 38065 (ITAT-MUMBAI) · Sections 2(15), 11

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