Filters

Keyword Search Authority Location Search by Name In Favour of Industry Date of Pronouncement Case Type Citation Number
close

Rulings ( 15520 results )

Filters
Income tax Appellate Tribunal Latest

ITAT: Allows Sec. 80-IA deduction despite delayed audit report, cites filing of Form 10CCB before assessment sufficient

  • In Favour of Assessee
  • Citation Number : TS-1776-ITAT-2026(JPR)
  • Tax Payer : Kishan Gopal Rungta Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Sec. 50 gains on sale of depreciated-assets eligible for set-off of brought-forward business losses u/s 72

  • In Favour of Assessee
  • Citation Number : TS-1774-ITAT-2026(Mum)
  • Tax Payer : Sabeena Silk Mills
Income tax Appellate Tribunal

ITAT: Pre-2021 goodwill depreciation claim cannot be denied by retrospectively applying Finance Act amendment

  • In Favour of Assessee
  • Citation Number : TS-1768-ITAT-2026(Mum)
  • Tax Payer : Fountainhead Entertainment Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Bogus professional fees addition unsustainable after AO verifies invoices and grants relief in OGE

  • In Favour of Assessee
  • Citation Number : TS-1767-ITAT-2026(Mum)
  • Tax Payer : Concept Communication Limited
Income tax Appellate Tribunal

ITAT: Related-party slump sale not per se sham; Remits goodwill depreciation issue for fresh examination

  • In Favour of Assessee
  • Citation Number : TS-1773-ITAT-2026(Mum)
  • Tax Payer : Percept Live Private Limited
Income tax Appellate Tribunal

ITAT: Allows NCPA exemption u/s 10(23C)(iv); AO cannot disregard valid approval absent deviation from trust’s objects

  • In Favour of Assessee
  • Citation Number : TS-1772-ITAT-2026(Mum)
  • Tax Payer : National Centre for the Performing Arts
Income tax Appellate Tribunal

ITAT: No inquiry by AO renders assessment erroneous and prejudicial to Revenue; Upholds revision

  • In Favour of Revenue
  • Citation Number : TS-1759-ITAT-2026(Bang)
  • Tax Payer : ETA Star Infopark
High Court

HC: AO cannot disallow interest u/s 37(1) without RBI violation finding; Allows deduction to Tata Motors

  • In Favour of Assessee
  • Citation Number : TS-1770-HC-2026(BOM)
  • Tax Payer : Tata Motors Limited
Income tax Appellate Tribunal

ITAT: Capital gains addition on surrender of tenancy rights unsustainable, being beyond scope of limited scrutiny

  • In Favour of Assessee
  • Citation Number : TS-1771-ITAT-2026(Mum)
  • Tax Payer : Bharati Dilip Sheth
Income tax Appellate Tribunal

ITAT: Charitable trust’s income taxable at AOP rates, not maximum marginal rate u/s 167B; Directs recomputation

  • In Favour of Assessee
  • Citation Number : TS-1769-ITAT-2026(JPR)
  • Tax Payer : Chandraprabh Charitable Sanstha
Income tax Appellate Tribunal

ITAT: Trust running 2 colleges eligible for separate Rs. 1 Cr. thresholds u/s 10(23C)(iiiad); Allows exemption

  • In Favour of Assessee
  • Citation Number : TS-1766-ITAT-2026(Kol)
  • Tax Payer : Abdur Rahim Panchanan Pal Educational Trust
Income tax Appellate Tribunal

ITAT: Distinguishes contractual defaults from radiation norm violations, directs DoT penalty bifurcation; Allows spectrum amortisation

  • In Favour of Assessee
  • Citation Number : TS-1765-ITAT-2026(Mum)
  • Tax Payer : Vodafone Idea Limited (Formerly Known as Idea Cellular Limited)
Income tax Appellate Tribunal

ITAT: Borrowed satisfaction and wrong factual premise render Sec. 148 proceedings void ab initio

  • In Favour of Assessee
  • Citation Number : TS-1764-ITAT-2026(DEL)
  • Tax Payer : Sandeep Kumar
Income tax Appellate Tribunal

ITAT: No obligation on Reliance Jio to withhold tax u/s 195 on remittances to NR telecom operators; Deletes Sec.40(a)(i) addition

  • In Favour of Assessee
  • Citation Number : TS-1763-ITAT-2026(Mum)
  • Tax Payer : Reliance Jio Infocomm Limited
Income tax Appellate Tribunal

ITAT: Allows NABARD's promotional expenditure deduction u/s 36(1)(xii) regardless of separate fund earmarking

  • In Favour of Assessee
  • Citation Number : TS-1761-ITAT-2026(Mum)
  • Tax Payer : The National Bank for Agriculture and Rural Development
Income tax Appellate Tribunal

ITAT: Allows Rs. 22.47 lakh leave encashment exemption, holds Rs. 25 lakh-limit applicable retrospectively to pre-2023 retirements

  • In Favour of Assessee
  • Citation Number : TS-1762-ITAT-2026(JPR)
  • Tax Payer : Pradeep Kumar Jain
Income tax Appellate Tribunal

ITAT: Assessee cannot be denied 150% weighted R&D deduction for DSIR’s failure to submit Form 3CL

  • In Favour of Assessee
  • Citation Number : TS-1757-ITAT-2026(Kol)
  • Tax Payer : JK Tyre& Industries Ltd
High Court

HC: Refuses refund of over 80% tax demand recovered before stay plea; Orders refund of subsequent recovery, as illegal

  • In Favour of Both, Partially
  • Citation Number : TS-1760-HC-2026(DEL)
  • Tax Payer : Mohan Clothing Co Pvt Ltd
Income tax Appellate Tribunal

ITAT: Quashes assessment, holds CBDT’s May 3, 2024 Guidelines mandatory; FAO lacks jurisdiction to assess search-year cases

  • In Favour of Assessee
  • Citation Number : TS-1758-ITAT-2026(DEL)
  • Tax Payer : Salman Qureshi
Income tax Appellate Tribunal

ITAT: Existing SEZ units commencing manufacture before April 1, 2006 eligible for Sec. 10AA deduction; Allows 8-year benefit

  • In Favour of Assessee
  • Citation Number : TS-1753-ITAT-2026(Mum)
  • Tax Payer : Portescap India Private Limited