Editor's Pick

HC: Reverses ITAT, No PE for Nortel US; Equipment supplies to Reliance not taxable

Delhi HC sets aside ITAT order, holds that activities carried out by assessee’s (Nortel US) Indian subsidiary (Nortel

May 04,2016

SC: Hotel tips not salary absent reference to employment contract, TDS inapplicable

SC reverses Delhi HC order, holds that TDS u/s 192 on salaries is not applicable on payment of

Apr 26,2016

HC: Quashes non-speaking ITAT-order upholding Sec14A disallowance absent consideration of co-ordinate bench ruling

Bombay HC quashes ITAT order upholding Sec 14A disallowance, holds that ITAT order passed without dealing with its

Apr 21,2016

SC: Dismisses Revenue’s SLP; No Sec 194J TDS on wheeling charges for electricity transmission

SC dismisses Revenue’s SLP against Delhi HC order holding that payment towards “wheeling charges” was not taxable as

Apr 19,2016

SC: Dismisses taxpayer's SLP; Surrender of 'Floor Area Ratio' liable to capital gains

SC dismisses assessee’s SLP against Karnataka HC judgement; HC had held that surrender of Floor Area Ratio (‘FAR’)

Apr 19,2016

HC: Upfront payment for winning 99 years lease not rent u/s 194I, TDS inapplicable

Madras HC rules that payment of over Rs. 1400 cr by assessee (a JV company) to TIDCO  ( Tamil Nadu Industrial

Apr 19,2016

HC: Dismisses writ petition in foreign asset reassesment case; Assessee's conduct not forthcoming

Bombay HC refuses to exercise writ jurisdiction in case of reopening of assessment of a non-resident assessee for

Apr 18,2016

HC: Allows exemption to Trust letting-out premises to education institute; Sec. 2(15)-proviso inapplicable

HC confirms ITAT order setting aside cancellation of assessee-trust’s registration u/s 12A for AY 2009-10, holds that letting

Apr 15,2016

SC to examine carbon-credits' income taxability; Admits Revenue's SLP against AP-HC ruling

SC admits Revenue's SLP against Andhra Pradesh HC judgement in the case of My Home Power Ltd. wherein

Apr 15,2016

ITAT: Order u/s 195(2) non-appealable, dismisses assessee's appeal for want of jurisdiction

Bangalore ITAT dismisses assessee’s appeal challenging order passed u/s 195(2) in respect of payment towards reimbursement ofdevelopment cost to foreign shareholders for AY

Apr 14,2016