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Rulings ( 13780 results )
High Court
HC: PCCIT's sanction against Vodafone mechanical as 'escaped income' reduced by Rs.30,400 Cr. in Sec.148A(d) order
Apr 08, 2024
- In Favour of Assessee
- Citation Number : TS-243-HC-2024(BOM)
- Tax Payer : Vodafone Idea Limited
High Court
HC: Angel Tax valuation method 'solely' Assessee's choice; Allows independent FMV determination by Revenue
Apr 08, 2024
- In Favour of Assessee
- Citation Number : TS-241-HC-2024(DEL)
- Tax Payer : Agra Portfolio Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Income from running marriage halls incidental to main object, Sec.11 exemption allowable
Apr 06, 2024
- In Favour of Assessee
- Citation Number : TS-233-ITAT-2024(CHNY)
- Tax Payer : A.V.M. Charities
Income tax Appellate Tribunal
ITAT: No income accrual in India from offshore property transfer; Follows Ishikawajma Harima judgment
Apr 06, 2024
- In Favour of Assessee
- Citation Number : TS-238-ITAT-2024(Mum)
- Tax Payer : Schindler China Elevator Company Limited
Income tax Appellate Tribunal
ITAT: Pre-demonetisation sales cannot be deemed inflated sans discrepancy in records
Apr 06, 2024
- In Favour of Assessee
- Citation Number : TS-150-ITAT-2024(DEL)
- Tax Payer : Harisons Diamonds Pvt Ltd
High Court
HC: Events occurring after balance sheet date relevant to ascertain accrual in current year
Apr 06, 2024
- In Favour of Assessee
- Citation Number : TS-236-HC-2024(DEL)
- Tax Payer : Bhishansaroop Ram
High Court
HC: Reassessment in wife's name invalid where alleged investment made by husband
Apr 06, 2024
- In Favour of Assessee
- Citation Number : TS-227-HC-2024(BOM)
- Tax Payer : Kalpita Arun Lanjekar
High Court
HC: Reassessment not time-barred over mere delay in furnishing reasons if initiated timely
Apr 05, 2024
- In Favour of Assessee
- Citation Number : TS-240-HC-2024(KAR)
- Tax Payer : Bangalore Turf Club Limited
Foreign Court
FC: Swiss Court rules on ‘relevance’ of information exchanged under DTAA; Rejects ‘fishing expedition’ plea
Apr 05, 2024
- In Favour of Revenue
- Citation Number : TS-834-FC-2023(SWTZ)
- Tax Payer : X Furnishing AG
High Court
HC: Exclusion of 'Sec.80G regular registration' in CBDT Circular extending compliance timeline 'unconstitutional'
Apr 05, 2024
- In Favour of Assessee
- Citation Number : TS-237-HC-2024(MAD)
- Tax Payer : Sri Nrisimha Priya Charitable Trust
High Court
HC: Remits stay application with direction to follow NASSCOM judgment; 40% deposit 'harsher burden'
Apr 04, 2024
- In Favour of Assessee
- Citation Number : TS-235-HC-2024(DEL)
- Tax Payer : Sushen Mohan Gupta
High Court
HC: HC: Rules on amended Sec.153C ambit, reckoning ‘relevant AYs’ & implications of monetary threshold
Apr 04, 2024
- In Favour of Both, Partially
- Citation Number : TS-232-HC-2024(DEL)
- Tax Payer : Ojjus Medicare Pvt. Ltd. & Others
High Court
HC: Reads down CBDT Order prescribing Jan'21 as eligibility threshold for old settlement applications
Apr 03, 2024
- In Favour of Assessee
- Citation Number : TS-234-HC-2024(BOM)
- Tax Payer : Sar Senapati Santaji Ghorpade Sugar Factory Ltd
High Court
HC: Placing notice on e-portal not service; Communication cannot be 'presumed'
Apr 03, 2024
- In Favour of Assessee
- Citation Number : TS-231-HC-2024(P & H)
- Tax Payer : Munjal BCU
High Court
HC: Sec.80-IC deduction allowable on unsubstantiated share capital addition prior to AY 2013-14
Apr 02, 2024
- In Favour of Assessee
- Citation Number : TS-230-HC-2024(DEL)
- Tax Payer : Valley Iron & Steel Co.Ltd
High Court
HC: Company's leasehold land includible for valuing cost of shares for transferor's capital gains
Apr 02, 2024
- In Favour of Assessee
- Citation Number : TS-229-HC-2024(J & K)
- Tax Payer : Dr. Karan Singh
High Court
HC: Expounds on ambit of Ashish Agarwal judgment; Follows Constitution Bench judgment on Art.142
Apr 01, 2024
- In Favour of Assessee
- Citation Number : TS-228-HC-2024(DEL)
- Tax Payer : Anindita Sengupta
High Court
HC: New regime mandates reassessment basis 'audit objection'; Rejects 'change of opinion' plea
Apr 01, 2024
- In Favour of Assessee
- Citation Number : TS-226-HC-2024(KER)
- Tax Payer : Sree Narayana Guru Memorial Educational And Cultural Trust
Income tax Appellate Tribunal
ITAT: Disallowance of Chapter VI-A deductions in ITR-processing effective from 2021, not retrospective
Mar 30, 2024
- In Favour of Assessee
- Citation Number : TS-222-ITAT-2024(NAG)
- Tax Payer : Food Corporation of India Employees Co-op. Credit Society Limited
Income tax Appellate Tribunal
ITAT: Services by partner's relative not doubted; Salary allowable as neither excessive nor unreasonable
Mar 30, 2024
- In Favour of Assessee
- Citation Number : TS-224-ITAT-2024(Ahd)
- Tax Payer : M S Hostel