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Landmark Rulings

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21,374 rulings

  1. Direct Tax ·Allahabad High Court · 10 May 2024
    HC - Allahabad High Court: Penalty Cannot Be Imposed Based on Protective Assessment Until Appeal is Decided

    Neelam Dubey Vs Union Of India

    (2024) TaxCorp(LJ) 33871 (HC-ALLAHABAD)

  2. Direct Tax ·ITAT Mumbai · 10 May 2024
    ITAT- Mumbai ITAT Rules on TDS Applicability for Transactions between SBI and NBFCs Regarding Loan Assignment

    State Bank of India Vs DCIT(TDS)

    (2024) TaxCorp(LJ) 33870 (ITAT-MUMBAI)

  3. Direct Tax ·ITAT Delhi · 10 May 2024
    ITAT - Delhi ITAT Directs AO to Verify Donations and Grant Deduction Under Section 80G/80GGA Read with Section 35AC.

    DAL TRUST VERSUS ITO WARD-50 (1) NEW DELHI

    (2024) TaxCorp(LJ) 33869 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=111480&Category=ITAT&CategoryType=Zip

  4. Direct Tax ·ITAT Visakhapatnam · 10 May 2024
    ITAT - Visakhapatnam ITAT Holds Assessee Entitled to Exemption Under Section 10(23C)(iiiad) as Gross Receipts Did Not Exceed Rs. 1 Crore.

    MUDDADA LAKSHMI RAGHUPATHINAIDU EDUCATIONAL SOCIETY VERSUS INCOME TAX OFFICER EXEMPTION WARD VISAKHAPATNAM

    (2024) TaxCorp(LJ) 33868 (ITAT-VISAKHAPATNAM) · https://taxcorp.in/FileOpenDT.aspx?ID=111481&Category=ITAT&CategoryType=Zip

  5. Direct Tax ·Bombay High Court · 09 May 2024
    HC - Bombay High Court Upholds Denial of Section 80-O Deduction Despite CCIT Approval Due to Unfulfilled Conditions.

    Hindustan Export & Import Corporation Private Limited Vs The Deputy Commissioner of Income-tax

    (2024) TaxCorp(LJ) 33863 (HC-BOMBAY) · Section 80-O

  6. Direct Tax ·Delhi High Court · 09 May 2024
    HC - Delhi High Court Rules on Inter-FY TDS Adjustment in Challenge Against Denial of Nil TDS Certificate.

    Aecom Intercontinental Holdings Uk Ltd Vs Income-Tax Officer

    (2024) TaxCorp(LJ) 33862 (HC-DELHI)

  7. Direct Tax ·Delhi High Court · 09 May 2024
    HC - Delhi High Court Upholds Case Transfer Under Section 127 for 'Administrative Convenience' and 'Coordinated Investigation'.

    Dollar Gulati Vs PRINCIPAL COMMISSIONER OF INCOME TAX & ORS.

    (2024) TaxCorp(LJ) 33861 (HC-DELHI)

  8. Direct Tax ·ITAT Bangalore · 09 May 2024
    ITAT - Bangalore ITAT Cancels Penalty Under Section 271(1)(c) Due to Defective Notice Under Section 274.

    SHRI ANAND, BANGALORE VERSUS ITO WARD 3 (2) (4) BANGALORE

    (2024) TaxCorp(LJ) 33860 (ITAT-BANGALORE) · https://taxcorp.in/FileOpenDT.aspx?ID=111449&Category=ITAT&CategoryType=Zip

  9. Direct Tax ·Supreme Court · 08 May 2024
    SC - Supreme Court Upholds Constitutional Validity of 'Perquisite' Provision, Rules Delegated Powers to CBDT Not Excessive.

    All India Bank Officers' Confederation Vs E REGIONAL MANAGER, CENTRAL BANK OF INDIA, AND OTHERS

    (2024) TaxCorp(LJ) 33854 (SC)

  10. Direct Tax ·Bombay High Court · 08 May 2024
    HC - Bombay High Court Condones Delay in Filing Revised ITR Based on NCLT-Ordered Recast of Accounts, Finds CBDT's Rejection Unreasonable.

    CG Power And Industrial Solutions Ltd Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33853 (HC-BOMBAY)

  11. Direct Tax ·Bombay High Court · 08 May 2024
    HC - Bombay High Court Quashes Reassessment Notice, Holds Gift of Shares Not Liable for Capital Gains Tax

    Jai Trust Vs The Union of India

    (2024) TaxCorp(LJ) 33852 (HC-BOMBAY)

  12. Direct Tax ·Supreme Court · 07 May 2024
    Federation of All India Vyapar Mandal Withdraws Writ Petition Challenging Constitutional Validity of Section 43B(h) with Liberty to Approach High Court

    Federation Of All India Vyapar Mandal Vs UNION OF INDIA & ORS.

    (2024) TaxCorp(LJ) 33851 (SC) · Section 43B(h)

  13. Direct Tax ·Bombay High Court · 07 May 2024
    HC - Bombay High Court Quashes Assessment Order Over Disparity in Show Cause Notice and Final Order, Holds SCN Not an 'Empty Formality'

    Vivek Jaisingh Asher Vs Income Tax Officer

    (2024) TaxCorp(LJ) 33850 (HC-BOMBAY)

  14. Direct Tax ·Delhi High Court · 07 May 2024
    Delhi HC Sets Aside Assessment Order, Directs AO to Reconsider Case After Providing Reasonable Opportunity for Hearing

    Global Vectra Helicorp Limited Vs ASSESSMENT UNIT, NATIONAL FACELESS ASSESSMENT

    (2024) TaxCorp(LJ) 33849 (HC-DELHI)

  15. Direct Tax ·ITAT Amritsar · 07 May 2024
    ITAT - Amritsar ITAT Holds Reassessment Proceedings Invalid Due to Non-Issuance of Statutory Notice Under Section 143(2).

    ASHISH SHARMA VERSUS ITO, WARD 5 (1) , AMRITSAR.

    (2024) TaxCorp(LJ) 33847 (ITAT-AMRITSAR) · https://taxcorp.in/FileOpenDT.aspx?ID=111435&Category=ITAT&CategoryType=Zip

  16. Direct Tax ·ITAT Pune · 06 May 2024
    Pune ITAT Deletes Addition Under Section 68 for NBFC, Upholds Genuine Cash Receipts During Demonetization

    Shrijeet Finance Private Limited Vs The Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33842 (ITAT-PUNE) · Section 68

  17. Direct Tax ·ITAT Bangalore · 06 May 2024
    Bangalore ITAT Rules Cost of Acquisition for Bonus Shares Allotted Before April 1, 2001 to be Nil; Rejects Assessee’s Contention on Section 55(2)(ac)

    Zash Traders Vs ACIT

    (2024) TaxCorp(LJ) 33841 (ITAT-BANGALORE) · Section 55(2)(ac)

  18. Direct Tax ·Delhi High Court · 04 May 2024
    HC - Delhi High Court Rules No Time Limit Prescribed for Filing Compounding Application under Income Tax Act.

    Earthcon Constructions Private Limited & Anr. Vs UNION OF INDIA & ORS

    (2024) TaxCorp(LJ) 33834 (HC-DELHI)

  19. Direct Tax ·ITAT Delhi · 04 May 2024
    ITAT - Delhi ITAT Deletes Section 68 Addition for Unsecured Loan, Holds Lender's Source Accepted by AO.

    Devki Nandan Maheshwari Vs ACIT

    (2024) TaxCorp(LJ) 33833 (ITAT-DELHI) · Section 68

  20. Direct Tax ·Bombay High Court · 04 May 2024
    Bombay HC Upholds Quashing of Reassessment Order, Citing Mere Change of Opinion as Grounds

    HDFC Bank Ltd. (Successor to Business of Centurion Bank of Punjab Ltd.) Vs The Principal Commissioner of Income Tax-2

    (2024) TaxCorp(LJ) 33832 (HC-BOMBAY)

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