Rulings ( 14778 results )

ITAT: ITAT: Non-issuance of statutorily mandated Sec. 143(2) notice, vitiates assessment, despite belated filing of return

  • In Favour of Assessee
  • Citation Number : TS-659-ITAT-2026(LKW)
  • Tax Payer : Arun Kumar Maurya

HC: HC: Issuing Sec. 245 notice without time to respond invalidates adjustment, must comply with principles of natural justice

  • In Favour of Assessee
  • Citation Number : TS-655-HC-2026(CAL)
  • Tax Payer : P. S. Srijan Height Developers

ITAT: Receipts from fly ash sale, an additional income stream, falling within ambit of taxable business income

  • In Favour of Revenue
  • Citation Number : TS-654-ITAT-2026(CHANDI)
  • Tax Payer : Haryana Power Generation Corporation Limited

ITAT: Ongoing Sec. 153C merits litigation doesn't automatically justify 9-year delay in filing appeal

  • In Favour of Revenue
  • Citation Number : TS-653-ITAT-2026(DEL)
  • Tax Payer : Rishi Aggarwal

HC: HC: Binding HC precedent warrant complete stay; AO cannot mechanically demand 20% deposit for stay of tax recovery

  • In Favour of Assessee
  • Citation Number : TS-652-HC-2026(DEL)
  • Tax Payer : Cadence Design Systems India Pvt Ltd

ITAT: Validates application of pre-amended Sec. 153C provisions to prevent absurdity in tax law interpretation

  • In Favour of Assessee
  • Citation Number : TS-651-ITAT-2026(VIZ)
  • Tax Payer : Venkata Rosaiah Kilari

HC: Validates Sec. 148 notice for post-april 2021 third-party search discoveries; Rejects lack of jurisdiction plea

  • In Favour of Assessee
  • Citation Number : TS-650-HC-2026(MAD)
  • Tax Payer : S. Palani

ITAT: Quashes Sec. 50C addition citing failure to make mandatory DVO reference despite objection

  • In Favour of Assessee
  • Citation Number : TS-641-ITAT-2026(LKW)
  • Tax Payer : Vijay Pal Singh

ITAT: Sec. 54F deduction cannot be denied without cogent reasoning, upholds tax-planning within legal framework

  • In Favour of Assessee
  • Citation Number : TS-644-ITAT-2026(Mum)
  • Tax Payer : Nidhi Siddharth Kejriwal

ITAT: CIT(A) cannot fundamentally alter appellate orders via restrictive rectification powers under guise of Sec. 154

  • In Favour of Assessee
  • Citation Number : TS-649-ITAT-2026(Mum)
  • Tax Payer : A.P.L Civilcon Pvt. Ltd

HC: CIT(E) cannot revise assessment order u/s 263 merely because further details were required

  • In Favour of Assessee
  • Citation Number : TS-648-HC-2026(BOM)
  • Tax Payer : Impact Foundation (India)

ITAT: Sec. 11(5) investment shortfall from prior years not taxable in current-AY post-2022 amendment

  • In Favour of Assessee
  • Citation Number : TS-647-ITAT-2026(Mum)
  • Tax Payer : Shri Sant Sitarambua Walawalkar Charitable Trust

ITAT: IPL franchise fees paid to BCCI are revenue expenditure; Deletes disallowance

  • In Favour of Assessee
  • Citation Number : TS-638-ITAT-2026(Mum)
  • Tax Payer : Indiawin Sports Private Limited

ITAT: Subsequent SCN rectifies ambiguity in initial penalty proceeding, specifies ‘specific charge’; Validates penalty u/s 271(1)(c)

  • In Favour of Both, Partially
  • Citation Number : TS-646-ITAT-2026(Mum)
  • Tax Payer : Rasila Khimji Gedia

ITAT: Sec. 54F prevails over Sec. 70 as it applies only after capital gains computation u/s 45 to 55A

  • In Favour of Assessee
  • Citation Number : TS-645-ITAT-2026(Mum)
  • Tax Payer : Nikesh Bhagwandas Mehta

ITAT: Vacates attachment on Assessee’s bank account; Cites procedural lapse by AO in not issuing prior attachment notice

  • In Favour of Assessee
  • Citation Number : TS-643-ITAT-2026(HYD)
  • Tax Payer : Surya Prakash Kacham

ITAT: CIT(A) lacks jurisdiction to enhance income on issues not dealt by AO; Remedy u/s 263, 147, 154

  • In Favour of Assessee
  • Citation Number : TS-642-ITAT-2026(Mum)
  • Tax Payer : Skyline Greathills

ITAT: Post-search assessment mandatorily required to be undertaken u/ 147; Quashes post-search assessment u/s 143(3)

  • In Favour of Assessee
  • Citation Number : TS-640-ITAT-2026(JODH)
  • Tax Payer : Miraj Products Pvt. Ltd

ITAT: Holds Assessee to be in-default u/s 201(1) for non-deduction of TDS u/s 194J on year-end provisions

  • In Favour of Both, Partially
  • Citation Number : TS-639-ITAT-2026(Bang)
  • Tax Payer : Artha Real Estate Corporation Limited

ITAT: Valuation date is when consideration received, not when shares are allotted; Deletes Sec. 56(2)(viib) addition

  • In Favour of Assessee
  • Citation Number : TS-637-ITAT-2026(DEL)
  • Tax Payer : Eduwizards Infosolutions Private Limited