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Landmark Rulings

All landmark rulings

21,400 rulings

  1. Direct Tax ·ITAT Hyderabad · 13 Oct 2023
    ITAT - Hyderabad Tribunal Upholds SBI Short-Term Rate for TP Adjustments, Dismisses Appeal for Applying LIBOR + 200 Basis Points.

    HM CLAUSE INDIA PRIVATE LIMITED VERSUS DCIT, CIRCLE-2 (1) , HYDERABAD.

    (2023) TaxCorp(LJ) 32523 (ITAT-HYDERABAD) · https://taxcorp.in/FileOpenDT.aspx?ID=107645&Category=ITAT&CategoryType=Zip

  2. Direct Tax ·ITAT Delhi · 13 Oct 2023
    ITAT - Delhi Tribunal Allows Assessee's Appeal, Holds Receipts Not Taxable as FTS Under India-Portugal DTAA Provisions.

    ALUMINIUM PECHINEY, C/O- CA, PRAVEEN GAMBHIR VERSUS DCIT, CIRCLE-1 (1) (1) , INTERNATIONAL TAXATION, NEW DELHI

    (2023) TaxCorp(LJ) 32522 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=107646&Category=ITAT&CategoryType=Zip

  3. Direct Tax ·ITAT Raipur · 13 Oct 2023
    ITAT - Raipur Tribunal Annuls Addition Based on Retracted Statement, Emphasizing the Need for Credible Evidence in Reassessment Cases.

    THE ASSISTANT COMMISSIONER OF INCOME TAX (CENTRAL) , BILASPUR VERSUS M/S. JAGANNATHDAS HARICHANDMAL JEWELLERS PVT. LTD.

    (2023) TaxCorp(LJ) 32521 (ITAT-RAIPUR) · https://taxcorp.in/FileOpenDT.aspx?ID=107648&Category=ITAT&CategoryType=Zip

  4. Direct Tax ·Delhi High Court · 12 Oct 2023
    HC - Delhi High Court Sides with Assessee, Dismisses Revenue's Allegations of Financial Missteps Involving Mauritian Entity.

    Azure Retreat Pvt Ltd Vs PR. COMMISSIONER OF INCOME TAX

    (2023) TaxCorp(LJ) 32517 (HC-DELHI) · Section 68

  5. Direct Tax ·AP High Court · 12 Oct 2023
    HC - Unpaid Tax Attracts Interest from Original Demand Notice, AP High Court Affirms.

    A.S. Krishna And Company Private Limited Vs DCIT

    (2023) TaxCorp(LJ) 32516 (HC-AP) · Section 220(2)

  6. Direct Tax ·ITAT Pune · 12 Oct 2023
    ITAT - Pune ITAT Validates the Use of Project Completion Method by a Real-Estate Developer, Rebuffing Revenue’s Proposition for Percentage Completion Method.

    S.S. Group, 9, Siddhivinayak Vs ACIT

    (2023) TaxCorp(LJ) 32515 (ITAT-PUNE)

  7. Direct Tax ·Allahabad High Court · 12 Oct 2023
    HC - Allahabad HC Overturns ITAT’s Dismissal of Recall Application, Citing Misplacement of Section 254(2) Limitation Period Invocation; Directs Reconsideration Under Rule 24.

    Purnagiri Rice Mill Vs Union Of India

    (2023) TaxCorp(LJ) 32514 (HC-ALLAHABAD) · Section 254(2)

  8. Direct Tax ·ITAT Kolkata · 12 Oct 2023
    ITAT - Kolkata Tribunal Rejects Revision u/s 263, Validates AO's Decisions.

    IMC LIMITED VERSUS PRINCIPAL COMMISSIONER OF INCOME TAX-4, KOLKATA

    (2023) TaxCorp(LJ) 32513 (ITAT-KOLKATA) · https://taxcorp.in/FileOpenDT.aspx?ID=107600&Category=ITAT&CategoryType=Zip

  9. Direct Tax ·ITAT Ahmedabad · 12 Oct 2023
    ITAT - Ahmedabad Tribunal Quashes Reopening of Assessment u/s 147: Cites Absence of Concrete Material and Non-Application of Mind.

    ISL CONSULTING LTD. VERSUS DCIT, CIR. 2 (1) (1) AHMEDABAD.

    (2023) TaxCorp(LJ) 32512 (ITAT-AHMEDABAD) · https://taxcorp.in/FileOpenDT.aspx?ID=107601&Category=ITAT&CategoryType=Zip

  10. Direct Tax ·Madras High Court · 12 Oct 2023
    HC - Madras High Court Condemns Repeated Reassessments: Department's Misuse of Ashish Agarwal's Liberty Rejected.

    VELLORE INSTITUTE OF TECHNOLOGY VERSUS ASSISTANT COMMISSIONER OF INCOME TAX (EXEMPTIONS) , INCOME TAX DEPARTMENT, CHENNAI

    (2023) TaxCorp(LJ) 32510 (HC-MADRAS) · https://taxcorp.in/FileOpenDT.aspx?ID=90773&Category=Judgment&CategoryType=Zip

  11. Direct Tax ·Calcutta High Court · 12 Oct 2023
    HC - Calcutta High Court Upholds CSR Expenditure as Allowable Business Expenditure for AY 2014-15.

    PRINCIPAL COMMISSIONER OF INCOME TAX 1 VERSUS SHRI RAMESH PRASAD SAO

    (2023) TaxCorp(LJ) 32508 (HC-CALCUTTA) · https://taxcorp.in/FileOpenDT.aspx?ID=90777&Category=Judgment&CategoryType=Zip

  12. Direct Tax ·Supreme Court · 11 Oct 2023
    SC - Supreme Court Sets Clear Timeline for Sec.153C Assessments: Forwarding Date Takes Precedence Over Search Date.

    Jasjit Singh Vs COMMISSIONER OF INCOME TAX 14

    (2023) TaxCorp(LJ) 32507 (SC) · Section 153C

  13. Direct Tax ·ITAT Mumbai · 11 Oct 2023
    ITAT - Mumbai ITAT Recognizes Separate Benefits for Mauritian Investors: STCG Exemptions & LTCL Carry-Forward Approved.

    Indium IV (Mauritius) Holdings Limited Vs DCIT (International transaction)-2(2)(1)

    (2023) TaxCorp(LJ) 32506 (ITAT-MUMBAI)

  14. Direct Tax ·ITAT Delhi · 11 Oct 2023
    ITAT - DIN for DRP Directions Not Found on Portal, Delhi ITAT Annuls Resulting Assessment Order.

    Berlian McDermott Sdn.Bhd Vs ACIT

    (2023) TaxCorp(LJ) 32505 (ITAT-DELHI)

  15. Direct Tax ·ITAT Delhi · 11 Oct 2023
    ITAT - Delhi Tribunal Upholds Greater Scrutiny for Closely Held Companies in Share Transactions.

    M/S. LAYOG PROPERTIES PVT. LTD. VERSUS ITO WARD-15 (2) NEW DELHI.

    (2023) TaxCorp(LJ) 32504 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=107582&Category=ITAT&CategoryType=Zip

  16. Direct Tax ·ITAT Delhi · 11 Oct 2023
    ITAT - Delhi Tribunal Highlights Genuine Business Intent: A Call for Transparent Cross-Border Transactions.

    RELIGARE ENTERPRISES LTD. VERSUS ACIT, CIRCLE-19 (1) , NEW DELHI

    (2023) TaxCorp(LJ) 32503 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=107583&Category=ITAT&CategoryType=Zip

  17. Direct Tax ·Delhi High Court · 10 Oct 2023
    HC - Delhi HC Clarifies Expenditure Classification for Hyatt Regency: Emphasizes Legal Interpretation Over Bookkeeping Practices.

    Asian Hotels Ltd Vs COMMISSIONER OF INCOME TAX-I

    (2023) TaxCorp(LJ) 32498 (HC-DELHI)

  18. Direct Tax ·Jharkhand High Court · 10 Oct 2023
    HC - Jharkhand HC Orders Refund of TCS Wrongly Collected from Adhunik Power, Emphasizes Fair Tax Practices.

    Adhunik Power & Natural Resources Ltd Vs Union of India

    (2023) TaxCorp(LJ) 32497 (HC-JHARKHAND)

  19. Direct Tax ·ITAT Delhi · 10 Oct 2023
    ITAT - Delhi Tribunal Rules in Favor of Assessee: Not All Support Services Qualify as Technical Services under Indo-Singapore DTAA.

    DCIT CIRCLE 1 (1) (1) , INTERNATIONAL TAXATION, CIVIC CENTRE, NEW DELHI VERSUS CEVA ASIA PACIFIC HOLDINGS COMPANY PTE. LTD. AND (VICE-VERSA)

    (2023) TaxCorp(LJ) 32496 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=107572&Category=ITAT&CategoryType=Zip

  20. Direct Tax ·ITAT Delhi · 10 Oct 2023
    ITAT - Delhi Tribunal's Verdict: Exemption Under Section 10(38) Cannot Be Denied; Sale of MARL Shares Not Bogus.

    ANOOP KUMAR GUPTA VERSUS ACIT CIRCLE CIRCLE-07 NEW DELHI

    (2023) TaxCorp(LJ) 32495 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=107574&Category=ITAT&CategoryType=Zip

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