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Rulings ( 12908 results )
High Court
HC: Assessee to bare own responsibility for failure to opt for lower taxation u/s 115BAA; Rejects inadvertent error plea
May 30, 2025
- In Favour of Revenue
- Citation Number : TS-660-HC-2025(DEL)
- Tax Payer : Sarla Holdings Private Limited
High Court
HC: AWS receipts for provision of cloud computing services not taxable as royalty under India-US DTAA
May 29, 2025
- In Favour of Assessee
- Citation Number : TS-661-HC-2025(DEL)
- Tax Payer : Amazon Web Services, Inc
Income tax Appellate Tribunal
ITAT: Confirms Sec. 14A addition over lack of ownership proof; Rejects remand request
May 29, 2025
- In Favour of Revenue
- Citation Number : TS-659-ITAT-2025(COCH)
- Tax Payer : Thomas Muthoot
Income tax Appellate Tribunal
ITAT: Share sale delay being 'depravation' of capital for Grasim, holds escrow a/c interest non-taxable
May 29, 2025
- In Favour of Assessee
- Citation Number : TS-657-ITAT-2025(Mum)
- Tax Payer : Grasim Industries Ltd
Income tax Appellate Tribunal
ITAT: Additions basis uncorroborated dumb documents in form of loose diaries, ‘unsustainable’
May 29, 2025
- In Favour of Revenue
- Citation Number : TS-656-ITAT-2025(Bang)
- Tax Payer : Sri Adichunchanagiri Shikshana Trust
Income tax Appellate Tribunal
ITAT: Holds assessment order u/s 143(3) in accordance with law; Deletes Sec. 68 addition
May 29, 2025
- In Favour of Assessee
- Citation Number : TS-655-ITAT-2025(Bang)
- Tax Payer : Narayana Rao Hebri
Income tax Appellate Tribunal
ITAT: Quashes Sec. 153A proceedings citing non-compliance with procedure under Rule 112F
May 29, 2025
- In Favour of Assessee
- Citation Number : TS-644-ITAT-2025(Mum)
- Tax Payer : Vijay Madan Varma
Income tax Appellate Tribunal
ITAT: Sec. 44AD appropriate for determining total income of egg-traders on cash-based business
May 29, 2025
- In Favour of Assessee
- Citation Number : TS-653-ITAT-2025(Mum)
- Tax Payer : Fazlur Rehman Ansari
Income tax Appellate Tribunal
ITAT: Affirms exemption u/s 10(23C)(v) as Assessee submitted audited report in Form No.10BB
May 29, 2025
- In Favour of Assessee
- Citation Number : TS-648-ITAT-2025(PUN)
- Tax Payer : The Nanded Sikhgurudwara Sachkhand Hazur Sahib
Income tax Appellate Tribunal
ITAT: Upholds revision u/s 263 setting aside AO’s order, rejects natural justice principles’ violation plea
May 29, 2025
- In Favour of Assessee
- Citation Number : TS-645-ITAT-2025(DEL)
- Tax Payer : Radial International Mining Services Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Condones delay in filing appeal given ‘sufficient cause’ showcased by Assessee
May 29, 2025
- In Favour of Assessee
- Citation Number : TS-638-ITAT-2025(Bang)
- Tax Payer : Vikram Shetty
Income tax Appellate Tribunal
ITAT: 'Professional services' definition under Art. 15(2) of India-US DTAA 'inclusive'; E&Y US receipts not FIS
May 28, 2025
- In Favour of Assessee
- Citation Number : TS-654-ITAT-2025(DEL)
- Tax Payer : Ernst And Young U.S. LLP
High Court
HC: Dismisses assessee’s writ petition challenging notice issued u/s.148A(b), order u/s.148A(d)
May 28, 2025
- In Favour of Revenue
- Citation Number : TS-652-HC-2025(DEL)
- Tax Payer : J And G International
High Court
HC: Sec.148 notice issued in the name of deceased Assessee, invalid; Quashes consequent proceedings
May 28, 2025
- In Favour of Assessee
- Citation Number : TS-649-HC-2025(DEL)
- Tax Payer : Laxmi Devi (Since Deceased)
High Court
HC: Unexplained credit taxable in beneficiary’s hands, channels used for routing money not liable to tax
May 28, 2025
- In Favour of Assessee
- Citation Number : TS-650-HC-2025(DEL)
- Tax Payer : Third Generation Traders Pvt. Ltd
High Court
HC: Quashes order exceeding limitation period u/s 201(3); Relies on Puri Constructions
May 28, 2025
- In Favour of Assessee
- Citation Number : TS-651-HC-2025(DEL)
- Tax Payer : Swiftrans International Pvt. Ltd
High Court
HC: Cross charges paid outside India-US DTAA Article 12(3); Directs ‘NIL’ withholding certificate issuance
May 28, 2025
- In Favour of Assessee
- Citation Number : TS-647-HC-2025(DEL)
- Tax Payer : Aecom Technical Services Inc.
Income tax Appellate Tribunal
ITAT: No LTCG deduction u/s 48 for compensation paid for non-transfer of shares
May 28, 2025
- In Favour of Revenue
- Citation Number : TS-646-ITAT-2025(HYD)
- Tax Payer : Fusion Lastek Technologies Private Limited
High Court
HC: Allows Sec. 80IB deduction for AY 2006-07; Sec. 80AC restriction applies AY 2007-08 onwards
May 27, 2025
- In Favour of Assessee
- Citation Number : TS-643-HC-2025(MAD)
- Tax Payer : Coromondel Cabeles P. Ltd
Income tax Appellate Tribunal
ITAT: Tenancy rights transfer taxable under capital gains, not as other income; Deletes addition u/s 56(2)(x)(b)(B)
May 27, 2025
- In Favour of Assessee
- Citation Number : TS-642-ITAT-2025(Mum)
- Tax Payer : Vasant Nagorao Barabde