Rulings ( 11635 results )

HC: Sets aside reassessment proceedings over disparity in Sec.148A(d) order & SCN; Directs de novo adjudication

  • In Favour of Assessee
  • Citation Number : TS-63-HC-2023(DEL)
  • Tax Payer : Sunita Sharma

HC: Grants refund as Revenue fails to conduct remand proceedings within Sec.153(3) limitation

  • In Favour of Assessee
  • Citation Number : TS-68-HC-2023(BOM)
  • Tax Payer : Late Mr. Lakhpatrai Agarwal through L/H Sunil L. Agarwal

HC: Non-adherence to Sec.144C procedure 'fatal defect', assessment order not sustainable

  • In Favour of Assessee
  • Citation Number : TS-66-HC-2023(KER)
  • Tax Payer : Gigy Antony

ITAT: Follows Delhi HC Blackstone ruling to extend DTAA benefit on capital gains; Rejects GAAR

  • In Favour of Assessee
  • Citation Number : TS-67-ITAT-2023(DEL)
  • Tax Payer : Reverse Age Health Services Pte Ltd

ITAT: Opposite views on share application money, in multiple revisionary proceedings, not sustainable

  • In Favour of Assessee
  • Citation Number : TS-64-ITAT-2023(Mum)
  • Tax Payer : Bhuvneshwari Vyapaar Private Limited

FC: French Apex Court holds Beneficial Owner entitled to treaty benefit even in triangular arrangement

  • In Favour of Both, Partially
  • Citation Number : TS-1038-FC-2022(FRN)
  • Tax Payer : Planet SARL

HC: Absent ingredients of prima facie case, waiver of Sec.11 exemption not tax evasion

  • In Favour of Assessee
  • Citation Number : TS-61-HC-2023(CAL)
  • Tax Payer : Kali Pradip Chowdhuri & Ors

ITAT: Rules on revenue recognition for Builder & Developer, applicability of AS-7

  • In Favour of Assessee
  • Citation Number : TS-58-ITAT-2023(Bang)
  • Tax Payer : Corporate Leisure & Property Development Private Limited

SC: Dismisses foreign national's plea for condoning delay in filing ITR

  • In Favour of Revenue
  • Citation Number : TS-60-SC-2023
  • Tax Payer : Puneet Rastogi

DC: Upholds conviction for ITR non-filing as Assessee fails to rebut mens rea presumption

  • In Favour of Revenue
  • Citation Number : TS-59-DC-2023(Mum)
  • Tax Payer : Hema Chetan Shah

HC: CBDT Circular on allowability of freebies to Doctors, inapplicable to AY 2008-09

  • In Favour of Assessee
  • Citation Number : TS-57-HC-2023(BOM)
  • Tax Payer : ABBOTT INDIA LIMITED, (As successor of Solvay Pharma India Ltd.)

HC: Quashes Sec.148 notices against Vedanta Resources for invalid assumption of jurisdiction in Orissa

  • In Favour of Assessee
  • Citation Number : TS-56-HC-2023(ORI)
  • Tax Payer : Vedanta Resources Ltd

HC: Upholds Kamal Nath’s case transfer from Kolkata to Delhi; Rejects 'prejudice' plea

  • In Favour of Revenue
  • Citation Number : TS-55-HC-2023(CAL)
  • Tax Payer : Kamal Nath

ITAT: Raises concerns on Dept.'s credibility over 'open-defiance' of DRP's directions by AOs

  • In Favour of Assessee
  • Citation Number : TS-53-ITAT-2023(DEL)
  • Tax Payer : Oxbow Energy Solutions LLC

HC: IBM Philippines' payroll services not FTS but 'business income', absent PE not taxable

  • In Favour of Assessee
  • Citation Number : TS-54-HC-2023(KAR)
  • Tax Payer : IBM India Private Limited

ITAT: Variation in tax rate not eligible for Sec.144C procedure; Quashes assessment as time-barred

  • In Favour of Assessee
  • Citation Number : TS-49-ITAT-2023(Mum)
  • Tax Payer : Erisse Investments Ltd

ITAT: LLP, as partner in firm, eligible for Sec.10(2A) exemption

  • In Favour of Assessee
  • Citation Number : TS-51-ITAT-2023(Bang)
  • Tax Payer : Mulberry Textiles LLP

ITAT: Interest on delayed TDS remittance, not 'expenditure' under Sec.37(1)

  • In Favour of Revenue
  • Citation Number : TS-39-ITAT-2023(Kol)
  • Tax Payer : Premier Irrigation Adritec (P.) Ltd.

HC: Directs 7% interest on Revenue's delay in payment of special audit fee

  • In Favour of Assessee
  • Citation Number : TS-47-HC-2023(DEL)
  • Tax Payer : G K Choksi and Co

HC: Denies writ on allowability of Sec.80P(2)(d) deduction over factual dispute of investee's status

  • In Favour of Revenue
  • Citation Number : TS-48-HC-2023(MAD)
  • Tax Payer : Muhavoor Primary Agricultural Cooperation Society Ltd