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Landmark Rulings

All landmark rulings

21,339 rulings

  1. Direct Tax ·Madras High Court · 12 Aug 2024
    Madras HC Rules Compensation for Diminution in ESOP Value as Taxable Perquisite Under 'Salaries'

    Nishithkumar Mukeshkumar Mehta Vs Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34418 (HC-MADRAS)

  2. Direct Tax ·ITAT Mumbai · 10 Aug 2024
    Mumbai ITAT Partly Allows Assessee’s Appeal, Sets Precedent on Section 14A Disallowance and Error Trade Losses

    Morgan Stanley India Company Ltd Vs ACIT-4(3)(2)

    (2024) TaxCorp(LJ) 34417 (ITAT-MUMBAI) · Section 14A

  3. Direct Tax ·ITAT Jaipur · 10 Aug 2024
    Jaipur ITAT Rules Penalty Proceedings Under Section 271(1)(c) Cannot Stand if Revised Return Income is Accepted During Reassessment

    Ajoy Sharma Vs DCIT

    (2024) TaxCorp(LJ) 34416 (ITAT-JAIPUR) · Section 271(1)(c)

  4. Direct Tax ·ITAT Bangalore · 10 Aug 2024
    Bangalore ITAT Allows Assessee’s Appeal, Deletes Addition of Rs. 186 Cr Under Section 56(2)(viib)

    Pisces EServices Pvt. Ltd Vs The Dy. Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34415 (ITAT-BANGALORE) · Section 56(2)(viib)

  5. Direct Tax ·ITAT Bangalore · 10 Aug 2024
    Bangalore ITAT Refuses to Condone 359-Day Delay in Filing Appeal, Dismisses Assessee’s Case

    ABS Fujitsu General Pvt. Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34414 (ITAT-BANGALORE)

  6. Direct Tax ·Supreme Court · 09 Aug 2024
    Most Favoured Nation Clause: SC Upholds Denial of Benefit to Vodafone

    Nestle SA Vs GOFFICER, CIRCLE(INTERNATIONAL TAXATION)2(2)(2)

    (2024) TaxCorp(LJ) 34413 (SC)

  7. Direct Tax ·ITAT Delhi · 09 Aug 2024
    Delhi ITAT Rules: EY US Professional Services Receipts Not FIS Due to Non-Fulfillment of 'Make Available' Criteria

    Ernst And Young U.S. LLP Vs ACIT

    (2024) TaxCorp(LJ) 34412 (ITAT-DELHI)

  8. Direct Tax ·ITAT Bangalore · 09 Aug 2024
    Search Warrant Fiasco: ITAT Quashes Assessment Order for Lack of Jurisdiction

    Blueline Foods (India) Pvt. Ltd Vs DCIT

    (2024) TaxCorp(LJ) 34411 (ITAT-BANGALORE)

  9. Direct Tax ·Bombay High Court · 09 Aug 2024
    Faceless Assessment Scheme: Bombay HC Quashes Notices Issued in Violation of E-Assessment Scheme

    Kairos Properties Private Limited Vs Assistant Commissioner of Income-tax

    (2024) TaxCorp(LJ) 34410 (HC-BOMBAY) · Section 151A

  10. Direct Tax ·Foreign · 09 Aug 2024
    Secret Recipe Protection: PepsiCo Wins Tax Battle

    PepsiCo, Inc and Stokely-Van Camp, Inc Vs Foreign Court Australia

    (2024) TaxCorp(LJ) 34409 (FOREIGN)

  11. Direct Tax ·Gujarat High Court · 09 Aug 2024
    Tax Department's Appeal Dismissed: Gujarat HC Upholds ITAT's Decision

    N K Industries Ltd Vs Principal Commissioner of Income Tax 3

    (2024) TaxCorp(LJ) 34408 (HC-GUJARAT)

  12. Direct Tax ·Delhi High Court · 08 Aug 2024
    Sweat Equity Shares Not Treated as Profits in Lieu of Salary: Delhi HC

    Akash Poddar Vs ACIT

    (2024) TaxCorp(LJ) 34407 (HC-DELHI)

  13. Direct Tax ·Delhi High Court · 08 Aug 2024
    Digital Submission of Form 10 Not a Mandatory Condition for Charitable Trusts: Delhi HC

    The Associated Chambers Of Commerce And Industry Of India Vs Deputy Commissioner of Income Tax & Ors.

    (2024) TaxCorp(LJ) 34406 (HC-DELHI)

  14. Direct Tax ·ITAT Pune · 07 Aug 2024
    India-Italy DTAA Benefit Denied: Pune ITAT Upholds 15% DDT on Dividend Paid to Italian Shareholder

    Piaggio Vehicles Private Limited Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34405 (ITAT-PUNE)

  15. Direct Tax ·ITAT Bangalore · 07 Aug 2024
    US-India Business Partnership Commission Not Liable to FTS: ITAT Bangalore

    Steer America Inc. Vs DCIT

    (2024) TaxCorp(LJ) 34404 (ITAT-BANGALORE) · Section 9(1)(vii)

  16. Direct Tax ·Delhi High Court · 06 Aug 2024
    Treaty Benefits: Delhi HC Quashes Reassessment Notice for Lack of Foundation

    Banyan Real Estate Fund Mauritius Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 34403 (HC-DELHI)

  17. Direct Tax ·Delhi High Court · 06 Aug 2024
    Search Assessment Limitation Period: Delhi HC Clarifies Ambiguity

    Karina Airlines International Ltd Vs THE PR. COMMISSIONER OF INCOME TAX

    (2024) TaxCorp(LJ) 34402 (HC-DELHI) · Section 153C

  18. Direct Tax ·ITAT Delhi · 05 Aug 2024
    Delhi ITAT : Foreign Situs of Capital Asset Saves Assessee from Tax Liability

    Nikesh Arora Vs DCIT

    (2024) TaxCorp(LJ) 34401 (ITAT-DELHI) · Section 9

  19. Direct Tax ·ITAT Delhi · 05 Aug 2024
    Delhi ITAT : Cash Deposits During Demonetisation Not Treated as Undisclosed Income

    Vijay Kumar Jain Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34400 (ITAT-DELHI)

  20. Direct Tax ·ITAT Chennai · 03 Aug 2024
    DVO Report Rejected: ITAT Pune Upholds Deletion of Rs. 6.23 Cr Unexplained Investments

    Royal Estates Vs Income Tax Officer

    (2024) TaxCorp(LJ) 34399 (ITAT-CHENNAI) · Section 69

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