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Landmark Rulings

All landmark rulings

21,339 rulings

  1. Direct Tax ·ITAT Bangalore · 13 Nov 2024
    Bangalore ITAT Rules Interest Payments for Delayed Customs Duties Are Deductible Business Expenses, Distinguishing Them from Penalties

    Mangalore Chemicals & Fertilizers Limited Vs ACIT

    (2024) TaxCorp(LJ) 34598 (ITAT-BANGALORE) · Section 37(1)

  2. Direct Tax ·P&H High Court · 13 Nov 2024
    Software License Fees and ICT Services Not Covered by CBDT Appeal Exception: Punjab and Haryana HC Rules

    Perfetti Van Melle Ict B.V. Vs CIT

    (2024) TaxCorp(LJ) 34597 (HC-P&H)

  3. Direct Tax ·Supreme Court · 16 Oct 2024
    Supreme Court Affirms High Court's Ruling on Reassessment of Share Premium Taxability: No Grounds Found for Income Escapement

    Godrej Agrovet Ltd Vs ACIT

    (2024) TaxCorp(LJ) 34596 (SC)

  4. Direct Tax ·Supreme Court · 16 Oct 2024
    SC Confirms Deductibility of 'Broken Period' Interest to Banks: Significance of Securities as Stock-in-Trade

    The Bank of Rajasthan Ltd Vs Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34595 (SC)

  5. Direct Tax ·Supreme Court · 16 Oct 2024
    Supreme Court Rejects Revenue's Appeal Over Delay in Tax Dispute, Upholding ITAT Ruling on Foreign Deposits

    Joginder Singh Chatha Vs PCIT

    (2024) TaxCorp(LJ) 34594 (SC) · Section 69

  6. Direct Tax ·Bombay High Court · 13 Nov 2024
    Bombay High Court Ruling: Assessee Required to Pursue Appellate Remedies Before Further Court Actions

    Dennischarles John Das Vs Income tax Officer

    (2024) TaxCorp(LJ) 34593 (HC-BOMBAY)

  7. Direct Tax ·Bombay High Court · 13 Nov 2024
    Bombay HC Overrules ITAT's 10% Ad-Hoc Disallowance on Bogus Purchases, Upholding Principles of Evidence in Assessments

    Ashok Kumar Rungta Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34592 (HC-BOMBAY)

  8. Direct Tax ·Delhi High Court · 26 Nov 2024
    Delhi High Court Overturns Reassessment Notices, Emphasizing Limitation Periods Under Old Regime

    Felix Generics Private Limited Vs DCIT

    (2024) TaxCorp(LJ) 34591 (HC-DELHI) · Section 149(1)(b)

  9. Direct Tax ·ITAT Bangalore · 27 Nov 2024
    Bangalore ITAT Overturns CIT(A) Ruling: Appeal Dismissal Based on Advance Tax Misinterpretation Found Erroneous

    Maroofali I Shaikh Vs ITO

    (2024) TaxCorp(LJ) 34590 (ITAT-BANGALORE) · Section 249(4)(b)

  10. Direct Tax ·ITAT Delhi · 08 Nov 2024
    Delhi ITAT Reiterates Non-Applicability of TDS under Section 194-I in Revenue Sharing Arrangements between VLCC and Franchisees

    VLCC Health Care Ltd Vs Addl.CIT

    (2024) TaxCorp(LJ) 34589 (ITAT-DELHI) · Section 194-I

  11. Direct Tax ·Delhi High Court · 14 Oct 2024
    CBDT's Authority Upheld: ACIT/DCIT (Intl Tax) Empowered to Issue Sec. 143(2) Notices

    Ambience Towers Private Limited Vs ACIT

    (2024) TaxCorp(LJ) 34588 (HC-DELHI) · Section 143(2)

  12. Direct Tax ·ITAT Hyderabad · 14 Oct 2024
    Legal Decision on Claims for Deductions Following a Search Operation: ITAT Hyderabad Ruling

    SEW Infrastructure Limited Vs DCIT

    (2024) TaxCorp(LJ) 34587 (ITAT-HYDERABAD)

  13. Direct Tax ·ITAT Ahmedabad · 14 Oct 2024
    ITAT Bars Rs. 2 Cr Addition to Tourism Corporation of Gujarat, Upholds Income Recognition Policy

    Tourism Corporation of Gujarat Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 34586 (ITAT-AHMEDABAD)

  14. Direct Tax ·ITAT Delhi · 27 Nov 2024
    Delhi ITAT Rules That Transactions With Wholly Owned Subsidiary Do Not Constitute Loan: Revenue’s Appeal Dismissed

    Uniparts India Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34585 (ITAT-DELHI) · Section 2(22)(e)

  15. Direct Tax ·ITAT Mumbai · 12 Oct 2024
    Mumbai ITAT Rules Amalgamation Capital Reserve as Non-Taxable Capital Receipt

    Samagra Wealthmax private Limited Vs DY. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34584 (ITAT-MUMBAI)

  16. Direct Tax ·ITAT Ahmedabad · 12 Oct 2024
    Ahmedabad ITAT Voids CIT(A) Order for Erroneous Non-Adjudication on Merits Related to Advance Tax Payment Condition Under Section 249(4)(b)

    Kantilal Laxmichand Jain Vs ITO

    (2024) TaxCorp(LJ) 34583 (ITAT-AHMEDABAD) · Section 249(4)(b)

  17. Direct Tax ·ITAT Chennai · 28 Nov 2024
    Chennai ITAT Overturns PCIT’s Revisionary Order Under Section 263 for Lack of Evidence of Income Misreporting

    Anitha Texcot (India) Pvt. Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 34582 (ITAT-CHENNAI) · Section 270A

  18. Direct Tax ·ITAT Delhi · 11 Nov 2024
    Income from Technical Services Rendered by Foreign Company Exempt from Tax in India: Delhi ITAT Ruling

    Transkor Global Pte Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34581 (ITAT-DELHI)

  19. Direct Tax ·ITAT Delhi · 11 Nov 2024
    Delhi ITAT Overturns Revenue's Rs. 99.99 Lakh Addition on Unexplained Share Premium, Upholding Investor's Capital Sources

    ACE Cabs Limited Vs ACIT

    (2024) TaxCorp(LJ) 34580 (ITAT-DELHI)

  20. Direct Tax ·Delhi High Court · 11 Nov 2024
    Delhi HC Orders Recalculation of Refund Interest for AY 2017-18: Emphasizes Timely Compensation for Delayed Refunds

    Nokia Solutions and Networks India Pvt Ltd Vs ACIT

    (2024) TaxCorp(LJ) 34579 (HC-DELHI) · Section 244A

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