Rulings ( 11634 results )

HC: Assessment order sans DIN 'non est', Sec.292B inapplicable; CBDT Circular binds Revenue

  • In Favour of Assessee
  • Citation Number : TS-184-HC-2023(DEL)
  • Tax Payer : Brandix Mauritius Holdings Ltd

ITAT: No ‘artificial split’ of contract by GE Group Co.; Rejects 'PE constitution' plea

  • In Favour of Assessee
  • Citation Number : TS-182-ITAT-2023(DEL)
  • Tax Payer : UK Grid Solution Limited

HC: Re-export of imported articles 'services' under SEZ Act, eligible for Sec.10AA deduction

  • In Favour of Assessee
  • Citation Number : TS-178-HC-2023(DEL)
  • Tax Payer : Om Nanotech Pvt Ltd

HC: Deletes Sec.68 addition as investor’s income substantiated creditworthiness; Upholds ITAT's factual finding

  • In Favour of Assessee
  • Citation Number : TS-174-HC-2023(KAR)
  • Tax Payer : Jaico Realtors Pvt. Ltd

SC: Dismisses Assessee's SLP against Delhi HC judgment on AY 2013-14 reassessment proceedings' validity

  • In Favour of Revenue
  • Citation Number : TS-176-SC-2023
  • Tax Payer : Salil Gulati

ITAT: Quashes Vodafone's reassessment involving Rs.5,700 Cr. addition under Sec.28(iv); Rejects colourable device plea

  • In Favour of Assessee
  • Citation Number : TS-164-ITAT-2023(Mum)
  • Tax Payer : Vodafone Idea Ltd (formerly known as Idea Cellular Limited)

SC: Expounds on principles of tax residency; Upholds Sikkim-based companies’ taxability under IT Act

  • In Favour of Revenue
  • Citation Number : TS-173-SC-2023
  • Tax Payer : Mansarovar Commercial Pvt. Ltd. & others

SC: ‘Failure to pay’ not covered by Sec.271C(1)(a) penalty; Quashes Kerala HC ruling

  • In Favour of Assessee
  • Citation Number : TS-171-SC-2023
  • Tax Payer : US Technologies International Pvt. Ltd. & Others

SC: DEPB/Duty Drawback receipts lack 'first degree nexus' for Sec.80-IB deduction

  • In Favour of Revenue
  • Citation Number : TS-172-SC-2023
  • Tax Payer : Saraf Exports

HC: Invoking Sec.194-I for TDS on External Development Charges 'fundamentally flawed' & 'incurable'

  • In Favour of Assessee
  • Citation Number : TS-170-HC-2023(DEL)
  • Tax Payer : DLF Homes Panchkula Pvt Ltd

HC: Reassessment of non-existing entity unsustainable even on pre-amalgamation transaction

  • In Favour of Assessee
  • Citation Number : TS-168-HC-2023(BOM)
  • Tax Payer : Sterlite Technologies Limited

ITAT: Assessee cannot deviate from Apex Labs ruling; Directs Revenue to check expenditure details

  • In Favour of Both, Partially
  • Citation Number : TS-169-ITAT-2023(Mum)
  • Tax Payer : Galderma India Pvt. Ltd. (Formerly known as Nestle Skin Health India Pvt. Ltd.),

HC: Specific provision prevails over general; Quashes prosecution in pre-1997 search case

  • In Favour of Assessee
  • Citation Number : TS-134-HC-2023(GUJ)
  • Tax Payer : Suman Paper & Boards Ltd

HC: Quashes LOC as tax proceedings concluded; Continuing LOC sans Originating Agency's review, untenable

  • In Favour of Assessee
  • Citation Number : TS-150-HC-2023(DEL)
  • Tax Payer : Manoj Vasudev Pardasany

HC: No nexus between material & Revenue's belief on income escapement; Quashes Sec.148 notice

  • In Favour of Assessee
  • Citation Number : TS-167-HC-2023(DEL)
  • Tax Payer : Sanjay Kumar

SC: Citing 'tax loss', restores revisionary order qua gains on 'family settlement' triggered sale

  • In Favour of Revenue
  • Citation Number : TS-166-SC-2023
  • Tax Payer : Paville Project Pvt. Ltd

SC: Ascertaining legislative intent, Court’s ‘primary task’; Sec.153C 2015-amendment suppresses mischief, thus, retrospective

  • In Favour of Revenue
  • Citation Number : TS-165-SC-2023
  • Tax Payer : Vikram Sujitkumar Bhatia & Others

FC: French Court holds trademark-fee waiver as 'Deemed Dividend'; Domestic withholding tax rate applicable

  • In Favour of Assessee
  • Citation Number : TS-1047-FC-2022
  • Tax Payer : Accor SA

ITAT: ​Rs.1790 Cr. capital gains on Zee-Sony’s Ten Sports deal not taxable, courtesy Mauritius DTAA

  • In Favour of Assessee
  • Citation Number : TS-163-ITAT-2023(Mum)
  • Tax Payer : Taj TV Limited

ITAT: Absent incriminating material, deletes Rs.2000 Cr 'unexplained deposits' addition for Credit Co-op Society

  • In Favour of Assessee
  • Citation Number : TS-159-ITAT-2023(Mum)
  • Tax Payer : Renukamat Multi State Coop Urban Credit Soc. Ltd