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Landmark Rulings

All landmark rulings

21,374 rulings

  1. Direct Tax ·ITAT Chennai · 16 May 2024
    Chennai ITAT held that Customers' Identification & Liaisoning Tantamounts to Marketing Services, Not Taxable as 'Fees for Included Services'

    Laserwords US Inc. Vs The Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33906 (ITAT-CHENNAI)

  2. Direct Tax ·ITAT Raipur · 15 May 2024
    Raipur ITAT Rejects Additional Evidence & Request for De Novo Adjudication, Holds Appeal Non-Maintainable

    C.G. Iron Private Limited Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33905 (ITAT-RAIPUR)

  3. Direct Tax ·ITAT Amritsar · 16 May 2024
    ITAT - Amritsar ITAT Sets Aside Addition u/s 68, Remands Matter to AO for Examining Creditworthiness of Loan Creditor.

    AJMER SINGH PROP. M/S NIRVANA RESORT AND SPA VERSUS ITO, WARD-1, HOSHIARPUR. PUNJAB

    (2024) TaxCorp(LJ) 33904 (ITAT-AMRITSAR) · https://taxcorp.in/FileOpenDT.aspx?ID=111556&Category=ITAT&CategoryType=Zip

  4. Direct Tax ·Calcutta High Court · 16 May 2024
    HC - Calcutta HC: Share Application Money and its Repayment Not Loan or Deposit, Sections 269SS/269T Not Attracted.

    COMMISSIONER OF INCOME TAX, CENTRAL-III, KOLKATA VERSUS M/S. VAMSHI CHEMICALS LTD.

    (2024) TaxCorp(LJ) 33899 (HC-CALCUTTA) · https://taxcorp.in/FileOpenDT.aspx?ID=92508&Category=Judgment&CategoryType=Zip

  5. Direct Tax ·Bombay High Court · 15 May 2024
    HC - Bombay High Court Quashes Reassessment Notice Based Solely on DG-GST Information, Directs Fresh Consideration by New Assessing Officer.

    KEC International Ltd Vs The Union of India

    (2024) TaxCorp(LJ) 33898 (HC-BOMBAY)

  6. Direct Tax ·Bombay High Court · 15 May 2024
    HC - Bombay High Court Quashes Reassessment Proceedings as Taxability of NCD-Interest on Receipt Basis Accepted During Assessment.

    Upesi Ventures Ltd Vs The Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33897 (HC-BOMBAY)

  7. Direct Tax ·ITAT Delhi · 15 May 2024
    ITAT - Delhi ITAT Quashes Assessment Order for Non-Implementation of DRP Directions on Royalty/FTS Receipts.

    HOME CREDIT INTERNATIONAL A.S. CZECH REPUBLIC VERSUS ASSISTANT DEPUTY COMMISSIONER OF INCOME TAX, INTERNATIONAL TAXATION, GURGAON

    (2024) TaxCorp(LJ) 33896 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=111534&Category=ITAT&CategoryType=Zip

  8. Direct Tax ·Jharkhand High Court · 15 May 2024
    HC - Jharkhand HC Upholds Special Audit Under Sec 142(2A): AO's Satisfaction Not Open to Judicial Scrutiny, Rules Interests of Revenue Paramount.

    SALUJA STEEL AND POWER PRIVATE LIMITED VERSUS UNION OF INDIA, ADDITIONAL COMMISSIONER OF INCOME TAX (CENTRAL) , RANGE-II, RANCHI, ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, DHANBAD

    (2024) TaxCorp(LJ) 33895 (HC-JHARKHAND) · https://taxcorp.in/FileOpenDT.aspx?ID=92482&Category=Judgment&CategoryType=Zip

  9. Direct Tax ·Bombay High Court · 15 May 2024
    HC - Bombay High Court Quashes Reopening of Assessment, Holds AO's Change of Opinion Not a Valid Reason to Believe Income Escaped Assessment.

    UPESI VENTURES LTD., VERSUS THE ASSISTANT COMMISSIONER OF INCOME TAX, (INTERNATIONAL TAXATION) , CIRCLE-4 (3) (1) , MUMBAI, THE COMMISSIONER OF INCOME TAX (INTERNATIONAL TAXATION) -4, MUMBAI, THE UNION OF INDIA.

    (2024) TaxCorp(LJ) 33894 (HC-BOMBAY) · https://taxcorp.in/FileOpenDT.aspx?ID=92483&Category=Judgment&CategoryType=Zip

  10. Direct Tax ·Bombay High Court · 15 May 2024
    HC - Bombay High Court Quashes Notices Issued by JAO Under Section 148, Extends Benefit of Hexaware Technologies Judgment.

    HITESH RAMNIKLAL SHAH VERSUS THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-23 (1) , MUMBAI & ORS.

    (2024) TaxCorp(LJ) 33893 (HC-BOMBAY) · https://taxcorp.in/FileOpenDT.aspx?ID=92484&Category=Judgment&CategoryType=Zip

  11. Direct Tax ·Gauhati High Court · 15 May 2024
    HC - Gauhati High Court Quashes Sec 263 Revision, Holds PCIT's Action Based on Subordinate's Proposal Without Independent Application of Mind.

    KARAN JAIN VERSUS THE UNION OF INDIA, THE PRINCIPAL COMMISSIONER INCOME TAX GUWAHATI, THE JOINT COMMISSIONER INCOME TAX RANGE 1 GUWAHATI, ASSISTANT COMMISSIONER INCOME TAX CIRCLE 1 GUWAHATI.

    (2024) TaxCorp(LJ) 33892 (HC-GAUHATI) · https://taxcorp.in/FileOpenDT.aspx?ID=92485&Category=Judgment&CategoryType=Zip

  12. Direct Tax ·Bombay High Court · 15 May 2024
    HC - Bombay High Court Upholds ITAT's Decision to Delete Addition of Share Application Money, Holds Assessee Discharged Burden of Proving Genuineness.

    THE COMMISSIONER OF INCOME TAX “CENTRAL CIRCLE”, PANAJI, GOA. VERSUS M/S PRIMESLOTS PROPERTIES PVT. LTD.

    (2024) TaxCorp(LJ) 33891 (HC-BOMBAY) · https://taxcorp.in/FileOpenDT.aspx?ID=92486&Category=Judgment&CategoryType=Zip

  13. Direct Tax ·ITAT Chennai · 14 May 2024
    ITAT - Chennai ITAT Holds Final Order Time-Barred, Passed Beyond Sec.144C(13) Limitation; Explains Ambit of DRP's Powers.

    Conferencecall – Services India Pvt. Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 33890 (ITAT-CHENNAI) · Section 144C(13)

  14. Direct Tax ·ITAT Delhi · 13 May 2024
    Delhi High Court Sets Aside Assessment Order Making Additions Based Merely on CBIC Information, Remits Matter for Fresh Adjudication

    Bausch And Lomb India Private Limited Vs ASSESSMENT UNIT, NATIONAL FACELESS ASSESSMENT CENTRE

    (2024) TaxCorp(LJ) 33883 (ITAT-DELHI)

  15. Direct Tax ·ITAT Delhi · 13 May 2024
    ITAT - Delhi ITAT Characterizes Rs. 113.41 Cr. Received by Volvo Sweden as FTS, Rejects Plea for Consistency

    Volvo Information Technology AB Vs DCIT

    (2024) TaxCorp(LJ) 33882 (ITAT-DELHI)

  16. Direct Tax ·ITAT Ahmedabad · 11 May 2024
    ITAT - Ahmedabad ITAT Allows Banks' Loss on Sale of Government Securities as Business Loss, Rejects Revenue's Disallowance

    Kankaria Maninagar Nagarik Sahakari Bank Ltd Vs Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33876 (ITAT-AHMEDABAD)

  17. Direct Tax ·ITAT Delhi · 11 May 2024
    Delhi ITAT Holds Loss on Forward Contracts & Forward Premium Account Non-Speculative, Dismisses Revenue's Appeal

    J. K. Techno soft Ltd Vs DCIT

    (2024) TaxCorp(LJ) 33875 (ITAT-DELHI)

  18. Direct Tax ·ITAT Mumbai · 11 May 2024
    Mumbai ITAT Deletes Penalty Under Section 271(1)(c) in Absence of Specific Charge, Rejects Assessment Finality Plea

    Michael Page International Recruitment Pvt. Ltd Vs The DCIT

    (2024) TaxCorp(LJ) 33874 (ITAT-MUMBAI) · Section 271(1)(c)

  19. Direct Tax ·ITAT Mumbai · 11 May 2024
    Mumbai ITAT Deletes Section 68 Addition as Unjustified Basis Director's Statement Retracted Subsequently

    Arjun Manoj Purohit Vs ITO

    (2024) TaxCorp(LJ) 33873 (ITAT-MUMBAI) · Section 68

  20. Direct Tax ·Bombay High Court · 10 May 2024
    HC - Bombay High Court Quashes Search Proceedings Due to Pretentious and Unrelated Reasons in Satisfaction Note, Allows Use of Unearthed Information

    Echjay Industries Pvt Ltd Vs Director of Income Tax-II

    (2024) TaxCorp(LJ) 33872 (HC-BOMBAY)

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