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Landmark Rulings

All landmark rulings

21,339 rulings

  1. Direct Tax ·ITAT Mumbai · 03 Oct 2024
    Maharashtra Airports Development Co. Declared as State Entity: ITAT Exempts Interest Income from Taxation

    Maharashtra Airport Development Co. Ltd Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34558 (ITAT-MUMBAI)

  2. Direct Tax ·Supreme Court · 03 Oct 2024
    Supreme Court Upholds TOLA's Applicability to Income Tax Reassessment Notices

    Rajeev Bansal Vs Union of India & Ors.

    (2024) TaxCorp(LJ) 34557 (SC)

  3. Direct Tax ·ITAT Mumbai · 01 Oct 2024
    Mumbai ITAT Rules Assessment Order Invalid Due to Lack of Timely Digital Signature

    Bennett Coleman & Co Ltd Vs National Faceless Assessment Centre

    (2024) TaxCorp(LJ) 34556 (ITAT-MUMBAI)

  4. Direct Tax ·ITAT Ahmedabad · 04 Nov 2024
    Abolishing Revenue's Claim: ITAT Upholds Expenditure as Deductible for Business Operations

    Montecarlo Construction Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34555 (ITAT-AHMEDABAD) · Section 37

  5. Direct Tax ·Bombay High Court · 04 Nov 2024
    Bombay High Court Upholds Assessee’s Rights, Overturns Commissioner’s Rejection of Revision Application

    Bahar Infocons Pvt. Ltd Vs Principal Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34554 (HC-BOMBAY)

  6. Direct Tax ·Supreme Court · 30 Sep 2024
    Supreme Court Disposes Hundreds of Tax Cases due to CBDT’s Low Tax Effect Circular

    GBL Power Limited Vs The Commissioner of Income Tax-5

    (2024) TaxCorp(LJ) 34553 (SC)

  7. Direct Tax ·Supreme Court · 30 Sep 2024
    Supreme Court Directs Immediate Withdrawal of Excess Surcharge; Addresses Systematic Errors in Revenue Calculations

    Sunil Bakht Vs Asst. Director of Income Tax

    (2024) TaxCorp(LJ) 34552 (SC)

  8. Direct Tax ·Gauhati High Court · 28 Sep 2024
    Gauhati High Court Overturns ITAT Ruling on Section 14A Disallowance of Exempt Income, Upholding Legislative Intent

    Williamson Financial Services Limited Vs CIT

    (2024) TaxCorp(LJ) 34551 (HC-GAUHATI) · Section 14A

  9. Direct Tax ·Karnataka High Court · 28 Sep 2024
    Karnataka High Court Upholds ITAT Ruling, Finds No Substantial Question of Law Regarding Business Loss from Sale of Shares

    Jupiter Enterainment Ventures (P) Ltd Vs PR. Commissioner of Income Tax-4

    (2024) TaxCorp(LJ) 34550 (HC-KARNATAKA)

  10. Direct Tax ·Chhattisgarh High Court · 28 Sep 2024
    Chhattisgarh HC Upholds State University's Appeal, Overturns CIT(E) Rejection of Registration Under Section 10(23C)

    Shaheed Nand Kumar Patel Vishwavidyalaya Vs Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34549 (HC-CHHATTISGARH)

  11. Direct Tax ·ITAT Mumbai · 04 Nov 2024
    Mumbai ITAT Denies Depreciation Claim on Toll Road, Affirms Ownership Precondition

    Hazaribagh Ranchi Expressway Ltd Vs ACIT

    (2024) TaxCorp(LJ) 34548 (ITAT-MUMBAI) · Section 32

  12. Direct Tax ·ITAT Delhi · 27 Sep 2024
    SAFEMA Tribunal Upholds Seizure of Rs 3 Crores Cash from Bikki Kumar Singh, Denies Appeal as Beneficial Owner

    Rahul Shah Vs The Initiating Officer

    (2024) TaxCorp(LJ) 34547 (ITAT-DELHI)

  13. Direct Tax ·Supreme Court · 27 Sep 2024
    Supreme Court Upholds Finality in Tax Dispute: Revenue's Special Leave Petition Dismissed

    Net App BV Vs CIT

    (2024) TaxCorp(LJ) 34546 (SC)

  14. Direct Tax ·Delhi High Court · 27 Sep 2024
    Delhi HC Renders Judgment on Assessment Proceedings Post-Merger, Upholds Maruti Suzuki Rationale

    International Hospital Limited Vs DCIT

    (2024) TaxCorp(LJ) 34545 (HC-DELHI) · Section 292B

  15. Direct Tax ·Delhi High Court · 26 Sep 2024
    Delhi HC Clarifies Limitations on Re-assessment Powers, Emphasizing Importance of Timeliness in Tax Proceedings

    ARN Infrastructures India Limited Vs ACIT

    (2024) TaxCorp(LJ) 34544 (HC-DELHI)

  16. Direct Tax ·ITAT Mumbai · 10 Dec 2024
    Mumbai ITAT Rules in Favor of Assessee, Overturns Delay Dismissal in Appeal Against 2012 Intimation

    Canadian Kay Pump Ltd Vs ACIT

    (2024) TaxCorp(LJ) 34543 (ITAT-MUMBAI) · Section 143(1)

  17. Direct Tax ·Bombay High Court · 25 Sep 2024
    Bombay High Court Strikes Down Demand Notices, Affirming Employer's Obligation to Deposit TDS on Employee Salaries

    Aslam Checkar Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34542 (HC-BOMBAY)

  18. Direct Tax ·Bombay High Court · 03 Dec 2024
    Bombay High Court Directs ITAT to Reassess Treatment of Fluctuation Loss on Foreign Currency Loans as Capital Expenditure

    Galaxy Surfactants Ltd Vs Principal Commissioner of Income Tax-15

    (2024) TaxCorp(LJ) 34541 (HC-BOMBAY)

  19. Direct Tax ·ITAT Ahmedabad · 03 Dec 2024
    Ahmedabad ITAT Overturns Revenue’s Rs. 17.60 Cr Sales Suppression Addition Citing Lack of Concrete Evidence

    Yash Organics Ltd Vs Dy. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34540 (ITAT-AHMEDABAD) · Section 158BC

  20. Direct Tax ·Supreme Court · 24 Sep 2024
    Penny Stock Transactions: SC Upholds ITAT Ruling, Affirms CIT(A) Additions

    Manoj Jain (Hindu Undivided Family) Vs ITO

    (2024) TaxCorp(LJ) 34539 (SC)

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