Filters
Rulings ( 14390 results )
Income tax Appellate Tribunal
Latest
ITAT: Myntra's receipts towards manpower support services from Flipkart not taxable as FTS sans ‘make available’ condition
May 02, 2026
- In Favour of Assessee
- Citation Number : TS-626-ITAT-2026
- Tax Payer : Myntra Inc
High Court
HC: No disallowance u/s 40(a)(ia) warranted in cases of short deduction of tax at source
May 02, 2026
- In Favour of Assessee
- Citation Number : TS-614-HC-2026(BOM)
- Tax Payer : Media Worldwide Ltd
Income tax Appellate Tribunal
ITAT: ITAT: Disallowance u/s 14 not applicable without exempt income; Relies on SC judgment in Cheminvest
May 02, 2026
- In Favour of Assessee
- Citation Number : TS-628-ITAT-2026(DEL)
- Tax Payer : Aamby Valley Ltd.
High Court
HC: Sec. 10B deduction cannot be capped at 19% sans conclusive evidence of EOU-sister concern arrangement to inflate profit
May 02, 2026
- In Favour of Assessee
- Citation Number : TS-627-HC-2026(BOM)
- Tax Payer : Pragati Aroma Oil Distillers Private Ltd. (formerly known as M/s. Hindustan Essential Oil Company)
High Court
HC: Reassessment basis manual Form 10 filing, already examined in original assessment, sans tangible material impermissible
May 02, 2026
- In Favour of Assessee
- Citation Number : TS-625-HC-2026(TEL)
- Tax Payer : Piramal Swasthya Management and Research Institute
Income tax Appellate Tribunal
ITAT: Sale proceeds from uprooted old rubber trees, constitutes agricultural income, exempt u/s 2(1A) & 10(1)
May 02, 2026
- Citation Number : TS-623-ITAT-2026(CHNY)
- Tax Payer : Antony Micheal Joseph
Income tax Appellate Tribunal
ITAT: ITAT: One-time bonus paid to Chief Scientific Officer not part of scientific research, not eligible for deduction u/s 35(2AB)
May 02, 2026
- In Favour of Assessee
- Citation Number : TS-624-ITAT-2026(DEL)
- Tax Payer : Curadev Pharma Pvt. Ltd.
Income tax Appellate Tribunal
ITAT: Nature of benefit, not status of employer at time of retirement to be considered u/s 10(10AA); Grants full exemption
Apr 30, 2026
- In Favour of Assessee
- Citation Number : TS-622-ITAT-2026(Bang)
- Tax Payer : Bindumadavan Prakash
Income tax Appellate Tribunal
ITAT: Securitization Trust income taxable in hands of security receipt holders, not Trust; Rejects AOP status for Trust
Apr 30, 2026
- In Favour of Assessee
- Citation Number : TS-621-ITAT-2026(Mum)
- Tax Payer : Arcil Retail Loan Portfolio-001-H Trust
Income tax Appellate Tribunal
ITAT: Entrepreneurial risks, involvement in design qualifies Assessee as 'developer'; Sec. 80-IA doesn’t mandate infra-facility ownership
Apr 30, 2026
- In Favour of Assessee
- Citation Number : TS-620-ITAT-2026(CHANDI)
- Tax Payer : SPS Construction India Private Ltd
Income tax Appellate Tribunal
ITAT: ‘Project Falcon’ findings are only triggers, not conclusive evidence of tax evasion; Deletes addition u/s 68
Apr 30, 2026
- In Favour of Assessee
- Citation Number : TS-619-ITAT-2026(Mum)
- Tax Payer : Mentor Capital Limited
Income tax Appellate Tribunal
ITAT: Bond interest taxable only after deducting corresponding interest paid to fund provider; Deletes disallowance
Apr 30, 2026
- In Favour of Assessee
- Citation Number : TS-618-ITAT-2026(Bang)
- Tax Payer : Hutchinson & Co. (India) Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Holds purchase of shares to be bogus & non-genuine; Confirms Sec. 69 addition
Apr 30, 2026
- In Favour of Revenue
- Citation Number : TS-617-ITAT-2026(DEL)
- Tax Payer : Dinesh Kumar (HUF)
Income tax Appellate Tribunal
ITAT: Retrospective cancellation of registration invoking Sec. 12AB(4), unjustified as ‘specified violations’
Apr 30, 2026
- In Favour of Assessee
- Citation Number : TS-613-ITAT-2026(ASR)
- Tax Payer : Open Door Welfare Society
Income tax Appellate Tribunal
ITAT: No depreciation on land use conversion charges as benefit accrues to owner; No depreciable asset created
Apr 29, 2026
- In Favour of Revenue
- Citation Number : TS-616-ITAT-2026(CHANDI)
- Tax Payer : Joshi Automotive Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Findings in quantum proceedings constitute good evidence for levying penalty; Upholds 10% penalty u/s 271AAC
Apr 29, 2026
- In Favour of Revenue
- Citation Number : TS-610-ITAT-2026(Mum)
- Tax Payer : Anil Kantilal Shah
Supreme Court
SC: Copy of SC order setting aside JAO-FAO orders, remitting constitutional challenge back to HC
Apr 29, 2026
- In Favour of Assessee
- Citation Number : TS-615-SC-2026
- Tax Payer : Tej Partap Singh
High Court
HC: Quashes reassessment proceedings as contrary to first proviso to Sec. 147 given no failure to disclose material facts
Apr 29, 2026
- In Favour of Assessee
- Citation Number : TS-611-HC-2026(BOM)
- Tax Payer : GSTAAD Hotels Pvt Ltd
Income tax Appellate Tribunal
ITAT: Fresh valuation report mandatory for each year for shares issued at premium; Restores matter
Apr 29, 2026
- In Favour of Both, Partially
- Citation Number : TS-612-ITAT-2026(DEL)
- Tax Payer : Cinestaan Entertainment Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Trademark depreciation once allowed cannot be disallowed sans change of facts; Follows doctrine of consistency
Apr 29, 2026
- In Favour of Assessee
- Citation Number : TS-609-ITAT-2026(Mum)
- Tax Payer : Transworld Furtichem Private Limited