Filters
Rulings ( 11622 results )
High Court
HC: Reinstates family feud suit for partition & injunction, cites improper application of Benami Act, premature dismissal under CPC
Jun 13, 2024
- In Favour of Assessee
- Citation Number : TS-767-HC-2020(DEL)
- Tax Payer : Neeru Dhir And Ors
Income tax Appellate Tribunal
ITAT: Holds assessment order by ACIT without jurisdiction sans authorization orders u/Sec. 120(4)(b) or 127
Jun 12, 2024
- In Favour of Assessee
- Citation Number : TS-412-ITAT-2024(Mum)
- Tax Payer : Tata Steel Limited
Income tax Appellate Tribunal
ITAT: Validity of claim of benefit u/Sec.115BAA due to delay in filing ROI & Form 10IC; Rejects Wipro Limited
Jun 12, 2024
- In Favour of Assessee
- Citation Number : TS-411-ITAT-2024(Ahd)
- Tax Payer : Aprameya Engineering Limited
Income tax Appellate Tribunal
ITAT: Amendment to Sec. 11(1)(d) requiring investment per Sec.11(5) applies prospectively from Apr 1, 2022
Jun 12, 2024
- In Favour of Assessee
- Citation Number : TS-410-ITAT-2024(DEL)
- Tax Payer : Jan Swasthya Sahyog
High Court
HC: Quashes 50 Cr. bribery FIR; Assessee cites Settlement Commission’s conclusive order, SC judgments, and lack of evidence
Jun 11, 2024
- In Favour of Assessee
- Citation Number : TS-406-HC-2024(MAD)
- Tax Payer : Sunil Khetpalia
Income tax Appellate Tribunal
ITAT: Non-compete fee under negative covenant capital receipt prior to 28(va) amendment; Relies on Guffic Chem
Jun 11, 2024
- In Favour of Assessee
- Citation Number : TS-405-ITAT-2024(Mum)
- Tax Payer : Lyka Labs Ltd
Income tax Appellate Tribunal
ITAT: Sec.249(4)(b) liability of advance tax to be calculated on ‘admitted income’ & not ‘assessed income’
Jun 11, 2024
- In Favour of Assessee
- Citation Number : TS-404-ITAT-2024(PUN)
- Tax Payer : Dilip Hiralal Chaudhari
High Court
HC: Cites McDowell, sustains GAAR invocation; Calls out assessee's 'weak' arguments on SAAR
Jun 10, 2024
- In Favour of Revenue
- Citation Number : TS-398-HC-2024(TEL)
- Tax Payer : Ayodhya Rami Reddy Alla
Income tax Appellate Tribunal
ITAT: Cash gifts & accumulated savings does not tantamount to ‘unexplained money’; Additions untenable as evidence overlooked
Jun 10, 2024
- In Favour of Assessee
- Citation Number : TS-403-ITAT-2024(Mum)
- Tax Payer : Hemant Samarataji Lohar
Income tax Appellate Tribunal
ITAT: Denial of benefit of New Tax Regime unjustified, as filing Form 10IE directory & not mandatory
Jun 10, 2024
- In Favour of Assessee
- Citation Number : TS-402-ITAT-2024(PUN)
- Tax Payer : Akshay Devendra Birari
Income tax Appellate Tribunal
ITAT: Unaudited expenses inadmissible against undisclosed income sans any corroborative evidence
Jun 10, 2024
- In Favour of Revenue
- Citation Number : TS-401-ITAT-2024(RAI)
- Tax Payer : Hardeep Singh
Income tax Appellate Tribunal
ITAT: Sans revenue's application of mind, reassessment proceedings based on Investigation Wing report invalid
Jun 08, 2024
- In Favour of Assessee
- Citation Number : TS-400-ITAT-2024(DEL)
- Tax Payer : Nisha Goel
Income tax Appellate Tribunal
ITAT: Sec.40(a)(ia) disallowance unwarranted on depreciation claim on capitalized software cost; Follows Tally Solutions
Jun 08, 2024
- In Favour of Assessee
- Citation Number : TS-392-ITAT-2024(Bang)
- Tax Payer : Samsung R&D Institute India – Bangalore Pvt. Ltd
High Court
HC: Sec.263 revision order on capital gain exemption justified due to lack of inquiry by AO.
Jun 08, 2024
- In Favour of Revenue
- Citation Number : TS-383-HC-2024(CAL)
- Tax Payer : Bina Gupta
High Court
HC: Reassessment beyond four years sans 'fresh tangible material' invalid; Distinguishes SC’s PVS beedis ruling
Jun 08, 2024
- In Favour of Assessee
- Citation Number : TS-388-HC-2024(DEL)
- Tax Payer : Samsung India Electronics Pvt. Ltd.
Income tax Appellate Tribunal
ITAT: Subscription-based product sale under reseller agreement is royalty under Art.12 Ireland DTAA sans lack of correlation b/w sale & resale
Jun 07, 2024
- In Favour of Both, Partially
- Citation Number : TS-399-ITAT-2024(Mum)
- Tax Payer : Gartner Ireland Ltd
Foreign Court
FC: Netherland’s Supreme Court holds treaty provisions prevailing at time of taxable event apply
Jun 07, 2024
- In Favour of Assessee
- Citation Number : TS-840-FC-2023(NETH)
- Tax Payer : Name not disclosed (Case 12)
High Court
HC: Reassessment on non-searched entity governed by limitation in first proviso to Sec.149(1) r.w. Sec.153C & 153A
Jun 07, 2024
- In Favour of Assessee
- Citation Number : TS-397-HC-2024(DEL)
- Tax Payer : Dinesh Jindal
Income tax Appellate Tribunal
ITAT: Absence of FTS in India-Thai DTAA, technical services to AE constitutes business income, not taxable sans PE
Jun 07, 2024
- In Favour of Assessee
- Citation Number : TS-396-ITAT-2024(DEL)
- Tax Payer : Denso (Thailand) Co. Ltd
High Court
HC: No Sec. 56(2)(viib) on loan conversion to equity; Choice of Valuation method with assessee, not AO
Jun 06, 2024
- In Favour of Assessee
- Citation Number : TS-395-HC-2024(HP)
- Tax Payer : I A Hydro Energy (P) Limited