Rulings ( 11628 results )

HC: Rejects challenge to reassessment proceedings involving ITC claim based on allegedly false invoices

  • In Favour of Revenue
  • Citation Number : TS-36-HC-2024(DEL)
  • Tax Payer : Kordient Ventures Pvt. Ltd

ITAT: IIT Delhi not TDS-defaulter as concession on employees' accommodation not established

  • In Favour of Assessee
  • Citation Number : TS-20-ITAT-2024(DEL)
  • Tax Payer : Indian Institute of Technology

ITAT: Quashes reassessment of Rs.600 Cr. Cross Currency Swap loss as Assessee made full & true disclosure

  • In Favour of Assessee
  • Citation Number : TS-18-ITAT-2024(Mum)
  • Tax Payer : East West Pipeline Private Limited

ITAT: Quashes revision over capital gains exemption under Mauritius DTAA for pre-2017 share acquisition

  • In Favour of Assessee
  • Citation Number : TS-24-ITAT-2024(Mum)
  • Tax Payer : Comstar Mauritius Limited

HC: Reiterates liberal approach on 'genuine hardship'; Permits Assessee to rectify name in ITR

  • In Favour of Assessee
  • Citation Number : TS-823-HC-2023(BOM)
  • Tax Payer : Optra Health Private Limited

HC: NR eligible for refund-interest as CPC delayed in enabling SWIFT code & IBAN

  • In Favour of Assessee
  • Citation Number : TS-29-HC-2024(MAD)
  • Tax Payer : Coda Global LLC

HC: Grants penalty-immunity as Assessee voluntarily corrected expenditure claim on GST-credit provision

  • In Favour of Assessee
  • Citation Number : TS-16-HC-2024(RAJ)
  • Tax Payer : Chambal Fertilizers and Chemicals Limited

FC: Polish Apex Court prefers official treaty text over English version for Art.11 interpretation

  • In Favour of Assessee
  • Citation Number : TS-824-FC-2023(POL)
  • Tax Payer : Anonymous

ITAT: Upholds Gaming Co.'s revisionary proceedings over alleged short-TDS of Rs.271 Cr. on winnings

  • In Favour of Both, Partially
  • Citation Number : TS-32-ITAT-2024(Mum)
  • Tax Payer : Play Games24x7 Pvt. Ltd

HC: Sans proven prejudice, rejects 'natural justice' plea taken 2 decades after appeal admission

  • In Favour of Assessee
  • Citation Number : TS-31-HC-2024(BOM)
  • Tax Payer : Veena Estate Pvt. Ltd

ITAT: Mauritian non-filer company not liable for reassessment on investment-sale remittance

  • In Favour of Assessee
  • Citation Number : TS-30-ITAT-2024(DEL)
  • Tax Payer : AEP Investments (Mauritius) Ltd

ITAT: Rejects reassessment of non-filer foreign entity on Rs.203 Cr. repatriation from NCD redemption

  • In Favour of Assessee
  • Citation Number : TS-27-ITAT-2024(DEL)
  • Tax Payer : BCP V Singapore FVCI Pte. Ltd

HC: 'Live transmission' fee not royalty for Fox & ESS; Applies Delhi Race Club & New Skies ratio

  • In Favour of Assessee
  • Citation Number : TS-28-HC-2024(DEL)
  • Tax Payer : Fox Network Group Singapore Pte Ltd

HC: Waiving tax claim by revising ITR dislodges mens rea for tax-evasion; Quashes prosecution

  • In Favour of Assessee
  • Citation Number : TS-822-HC-2023(KAR)
  • Tax Payer : Anurag Bagaria

SC: Seeks enquiry details, affidavit from Revenue for inordinate appeal filing delay in Bharti case

  • In Favour of None/NA
  • Citation Number : TS-26-SC-2024
  • Tax Payer : Bharti Airtel Limited

HC: Absent question of perversity, ITAT's 'fact-finding' final; Upholds MF redemption as capital gains

  • In Favour of Assessee
  • Citation Number : TS-23-HC-2024(DEL)
  • Tax Payer : Wig Investment

HC: Specified authority's sanction & limitation 'intertwined'; Absent Sec.151(ii) sanction, quashes reassessment proceedings

  • In Favour of Assessee
  • Citation Number : TS-22-HC-2024(DEL)
  • Tax Payer : TWYLIGHT Infrastructure Pvt Ltd

HC: Quashes Sec.148 notice for AY 2013-14, issued post-Ashish Agarwal; Distinguishes Delhi HC’s Touchstone

  • In Favour of Assessee
  • Citation Number : TS-21-HC-2024(BOM)
  • Tax Payer : The New India Assurance Company Limited

HC: Holds Sec.194N as constitutionally valid; Takes judicial notice of ‘parallel cash economy’

  • In Favour of Revenue
  • Citation Number : TS-821-HC-2023(MAD)
  • Tax Payer : Madurai District Central Cooperative Bank Ltd

ITAT: Denies Sec.69B applicability on difference in stock valuation revealed during survey

  • In Favour of Assessee
  • Citation Number : TS-810-ITAT-2023(CHNY)
  • Tax Payer : Ethiraj Hotel Mart