Filters
Rulings ( 13650 results )
High Court
HC: Dismisses writ for availability of alternate remedy; Pendency of appeal, no bar for penalty proceedings
May 12, 2025
- In Favour of Revenue
- Citation Number : TS-563-HC-2025(BOM)
- Tax Payer : Topzone Mercantile Pvt Ltd
Income tax Appellate Tribunal
ITAT: No justification for addition given amount disclosed in total-income, requisite taxes paid
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-526-ITAT-2025(Mum)
- Tax Payer : Sushiladevi Vijaykumar Yadav
Income tax Appellate Tribunal
ITAT: ITAT: Addition made contrary to law absent incriminating material found during search
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-558-ITAT-2025(Bang)
- Tax Payer : Sri Kumaraswamy Mineral Exports Private Limited
Income tax Appellate Tribunal
ITAT: Quashes CIT(A) order dismissing appeal erroneously citing delay without hearing Assessee
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-542-ITAT-2025(Bang)
- Tax Payer : Global E-Business Solutions Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Upholds CIT(A)'s acceptance of additional evidence under Rule 46A citing valid cause
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-544-ITAT-2025(Mum)
- Tax Payer : Rihting Coating Technology (India) Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Affirms 10% disallowance to prevent Revenue leakage, directs AO to tax remaining addition at normal-rate
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-550-ITAT-2025(Mum)
- Tax Payer : Vaibhav Vinod Aggarwal
Income tax Appellate Tribunal
ITAT: AO to be given opportunity to comment on additional-evidence; Remits matter qua bogus purchases
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-553-ITAT-2025(Mum)
- Tax Payer : Mahendra Hemraj Jain
Income tax Appellate Tribunal
ITAT: Upholds validity of re-assessment proceedings; Directs re-computation of Sec. 56(2) addition
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-538-ITAT-2025(Mum)
- Tax Payer : Bio-Care Technologies
Income tax Appellate Tribunal
ITAT: Deletes Sec. 68 addition given transaction was assignment of loan, not agreement to sale
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-534-ITAT-2025(Mum)
- Tax Payer : Mikado Textile Industries Ltd
High Court
HC: HC: Sends Viacom back to CIT(A) for factual determination of 'royalty' issue basis transponder agreement
May 09, 2025
- In Favour of Both, Partially
- Citation Number : TS-557-HC-2025(BOM)
- Tax Payer : Viacom 18 Media Private Limited
Income tax Appellate Tribunal
ITAT: ITAT: ITAT: Confirms disallowance u/s 43B towards unpaid electricity tax on self-generation of captive power
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-556-ITAT-2025(CHNY)
- Tax Payer : Bannari Amman Sugars Ltd.
Income tax Appellate Tribunal
ITAT: Higher interest paid to specified persons on loans taken for business exigency, not violation of Sec.13
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-555-ITAT-2025(DEL)
- Tax Payer : Educate India Society
High Court
HC: Sets aside assessment order passed sans opportunity to assessee to establish merits of matter; Remits issue
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-552-HC-2025(CAL)
- Tax Payer : Rose Bud Education Society And Another
High Court
HC: Relegates the petitioner to explore alternate remedy of appeal u/s 246A
May 09, 2025
- In Favour of Revenue
- Citation Number : TS-554-HC-2025(ORI)
- Tax Payer : Rajesh Gadodia
High Court
HC: Quashes reassessment proceedings for violation of Sec.151A, subject to outcome of pending SLP in Kankanala Ravindra Reddy
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-545-HC-2025(TEL)
- Tax Payer : Tecumseh Products India Private Limited
High Court
HC: Sets aside assessment order, cites insufficient time given to Assessee to furnish voluminous documents
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-547-HC-2025(ORI)
- Tax Payer : Manishri Refractories and Ceramics Private Limited
High Court
HC: Directs CIT(E) to condone delay in filing Form 10B due to ‘genuine hardship’; Allows writ petition
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-536-HC-2025(DEL)
- Tax Payer : Fiitjee Foundation For Education Research And Trainings
High Court
HC: Flags jurisdictional ambiguity in faceless assessment proceedings, refers to Division/Larger Bench
May 09, 2025
- In Favour of None/NA
- Citation Number : TS-551-HC-2025(MAD)
- Tax Payer : TVS Credit Services Limited
Income tax Appellate Tribunal
ITAT: Upholds ‘Slump Sale’ claim u/s 2(42C); Rejects Revenue's argument on asset retention & Form 3CEA
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-549-ITAT-2025(Mum)
- Tax Payer : Digital Insight India Products Private Limited
High Court
HC: Land considered as ‘urban vacant’ u/s 2(ea), benefit of exemption only if building fully constructed
May 09, 2025
- In Favour of Revenue
- Citation Number : TS-548-HC-2025(MAD)
- Tax Payer : Express Infrastructure (P) Ltd