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Landmark Rulings

All landmark rulings

21,339 rulings

  1. Direct Tax ·ITAT Delhi · 11 Sep 2024
    Delhi ITAT Rules LLC as Tax Resident of the US, Affording Treaty Benefits under Indo-US DTAA

    General Motors Company USA Vs ACIT

    (2024) TaxCorp(LJ) 34498 (ITAT-DELHI)

  2. Direct Tax ·ITAT Mumbai · 10 Sep 2024
    Mumbai ITAT Dismisses Revenue's Appeal, Holds Reassessment Proceedings Without Jurisdiction

    Amcor Flexibles India Pvt. Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34497 (ITAT-MUMBAI)

  3. Direct Tax ·Delhi High Court · 10 Sep 2024
    Delhi High Court Rules Against Taxing Aircraft Leasing Receipts as Royalty Under Indian Tax Laws and India-Ireland DTAA

    The Milestone Aviation Asset Holding Group No. 25 Ltd Vs ACIT

    (2024) TaxCorp(LJ) 34496 (HC-DELHI)

  4. Direct Tax ·Delhi High Court · 09 Sep 2024
    Delhi High Court Quashes Reassessment Notices and Proceedings Under Sections 148A and 148, Upholding Taxpayer's Rights

    Genpact India Private Limited Vs ACIT

    (2024) TaxCorp(LJ) 34495 (HC-DELHI) · Section 148

  5. Direct Tax ·Delhi High Court · 09 Sep 2024
    Delhi High Court Quashes Reassessment Notices for AYs 2010-11 and 2011-12: Holds AO's Reliance on Valuation Officer's Report Insufficient for Reopening Assessment

    Divine Infracon Pvt Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34494 (HC-DELHI)

  6. Direct Tax ·Bombay High Court · 09 Sep 2024
    Bombay High Court Quashes Tax Proceedings Against Assessee Post-Approval of Resolution Plan Under IBC, Citing Extinction of Pre-CIRP Dues

    Uttam Value Steels Ltd Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34493 (HC-BOMBAY)

  7. Direct Tax ·ITAT Delhi · 09 Sep 2024
    Delhi ITAT Rules in Favor of Tyco Electronics: Singapore-Based Assessee Entitled to India-Singapore DTAA Benefits on Long-Term Capital Gains

    Tyco Electronics Singapore Pvt Limited

    (2024) TaxCorp(LJ) 34492 (ITAT-DELHI)

  8. Direct Tax ·Supreme Court · 07 Sep 2024
    Supreme Court Allows Open Court Hearing for Review Petition in Ericsson Case

    ERICSSON A.B. Vs Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34491 (SC)

  9. Direct Tax ·ITAT Ahmedabad · 07 Sep 2024
    Ahmedabad ITAT Upholds Revisionary Order Under Section 263, Holds Assessment Erroneous for Allowing Exemption Under Section 11 Despite Evidence of Fund Misappropriation

    Shri Shamlaji Aarogya Seva Trust Vs The Pr. CIT (Central)

    (2024) TaxCorp(LJ) 34490 (ITAT-AHMEDABAD) · Section 11

  10. Direct Tax ·ITAT Mumbai · 07 Sep 2024
    Mumbai ITAT Grants Deduction for Brokerage Expenses Under Section 57(iii) in Investment Recovery Case

    Deepak N Sippy Vs ACIT

    (2024) TaxCorp(LJ) 34489 (ITAT-MUMBAI) · Section 57

  11. Direct Tax ·ITAT Mumbai · 07 Sep 2024
    Mumbai ITAT Special Bench Rules That Clause (b) of Section 115JB(2) Does Not Apply to 'Corresponding New Banks'

    Union Bank of India Vs DCIT

    (2024) TaxCorp(LJ) 34488 (ITAT-MUMBAI) · Section 115JB

  12. Direct Tax ·ITAT Ahmedabad · 07 Sep 2024
    Interest Income Eligible for Set-Off Against Maintenance Expenditure - Ahmedabad ITAT Ruling

    The Venus Parkland Co-Op. Housing Service Society Ltd Vs The Income Tax Officer

    (2024) TaxCorp(LJ) 34487 (ITAT-AHMEDABAD) · Section 57

  13. Direct Tax ·ITAT Mumbai · 07 Sep 2024
    No Penalty Imposed as Revenue's Rejection of Assessee’s Contentions Insufficient for Penalty Levy

    Piramal Enterprises Ltd Vs Asst.CIT-8(2)(1)

    (2024) TaxCorp(LJ) 34486 (ITAT-MUMBAI)

  14. Direct Tax ·Madras High Court · 07 Sep 2024
    Madras High Court Upholds Jurisdictional Transfer for Tax Assessment Based on Seized Incriminating Evidence

    Suvali Real Properties LLP Vs The Principal Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34485 (HC-MADRAS)

  15. Direct Tax ·ITAT Chennai · 19 Nov 2024
    Chennai ITAT Allows Assessee’s Appeal, Holds Provision for Expected Losses as Allowable Deduction Under Indian Tax Laws

    International Seaport Dredging Private Limited Vs DCIT

    (2024) TaxCorp(LJ) 34484 (ITAT-CHENNAI)

  16. Direct Tax ·ITAT Mumbai · 06 Sep 2024
    Mumbai ITAT Orders Reconsideration of Penalty Under BMA 2015, Citing Violation of Natural Justice Principles

    Arnab Mitra Vs DDIT/ADIT(INV)-3(1)

    (2024) TaxCorp(LJ) 34483 (ITAT-MUMBAI)

  17. Direct Tax ·ITAT Chennai · 05 Sep 2024
    Chennai ITAT Quashes Revision Order Under Section 263 for AY 2014-15, Holds It Bad in Law Due to Lack of Evidence on Erroneous and Prejudicial Nature

    Gaurav Dugar Vs The Principal Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34482 (ITAT-CHENNAI) · Section 263

  18. Direct Tax ·ITAT Delhi · 04 Sep 2024
    Delhi ITAT Rules Trademark Sale as Capital Gain, Allows Capital Loss Claim on Land Surrender

    Mawana Sugar Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34481 (ITAT-DELHI)

  19. Direct Tax ·Foreign · 06 Sep 2024
    UK-Based GE Financial Investments Wins Tax Dispute Over US Limited Partnership Structure

    GE Financial Investments Vs Foreign Court UK

    (2024) TaxCorp(LJ) 34480 (FOREIGN)

  20. Direct Tax ·Bombay High Court · 05 Sep 2024
    Bombay High Court Upholds Faceless Mechanism for Central and International Taxation Charges Under Section 148A

    Abhin Anilkumar Shah Vs ITO

    (2024) TaxCorp(LJ) 34479 (HC-BOMBAY)

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