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Rulings ( 14792 results )
Prohibition of Benami Property Transactions Appellate Tribunal
PBPTAT: Sets aside attachment order, Amended Benami Act prospectively applicable; Follows Ganapati Dealcom
Nov 07, 2024
- In Favour of Assessee
- Citation Number : TS-814-PBPTAT-2024(DEL)
- Tax Payer : Mohammad Shahzad
Income tax Appellate Tribunal
ITAT: Sale of software licenses entitled to benefit, Article 13 of India-Austria DTAA, TRC valid proof
Nov 07, 2024
- In Favour of Assessee
- Citation Number : TS-813-ITAT-2024(DEL)
- Tax Payer : Tricentis Gmbh
High Court
HC: Compensation for land acquisition under State law, not tax exempt under Central law, enacted subsequently
Nov 06, 2024
- In Favour of Revenue
- Citation Number : TS-811-HC-2024(KAR)
- Tax Payer : Tushira Industries
Income tax Appellate Tribunal
ITAT: Interconnectivity charges not FTS, not taxable under residual clause of India-Oman DTAA
Nov 06, 2024
- In Favour of Assessee
- Citation Number : TS-810-ITAT-2024(DEL)
- Tax Payer : Oman Telecommunications Company SAOG
Income tax Appellate Tribunal
ITAT: Penalty imposed u/s 271(1)(c) & 271AAA unsustainable, Failure to satisfy condition precedent
Nov 06, 2024
- In Favour of Assessee
- Citation Number : TS-809-ITAT-2024(PAT)
- Tax Payer : Patliputra Builders Limited
Income tax Appellate Tribunal
ITAT: Fresh notice u/s148 mandatory to assess other income, if initial income has not escaped assessment
Nov 05, 2024
- In Favour of Assessee
- Citation Number : TS-806-ITAT-2024(JPR)
- Tax Payer : Amros Engineering (P) Ltd
Income tax Appellate Tribunal
ITAT: Assessee eligible for selection of more beneficial provision; Allows carry forward of STCL
Nov 05, 2024
- In Favour of Assessee
- Citation Number : TS-807-ITAT-2024(Mum)
- Tax Payer : Morgan Stanley Mauritius Company Ltd
Income tax Appellate Tribunal
ITAT: ITAT: ITAT: Closure of LO, no visits by expats, change duly substantiated; Holds no PE of Bently Nevada
Nov 05, 2024
- In Favour of Assessee
- Citation Number : TS-805-ITAT-2024(DEL)
- Tax Payer : Bently Nevada Llc
High Court
HC: Sec.153A provisions apply to Sec.153C, subject to satisfaction of conditions; Dismisses Assessee writ
Nov 04, 2024
- In Favour of Revenue
- Citation Number : TS-804-HC-2024(MAD)
- Tax Payer : Pavithra Sugichandran
Income tax Appellate Tribunal
ITAT: Proceedings u/s263 erroneous, no independent finding by Pr.CIT, AO conducted extensive enquiry
Nov 04, 2024
- In Favour of Assessee
- Citation Number : TS-803-ITAT-2024(PAT)
- Tax Payer : Nalanda Engicon Pvt. Ltd
High Court
HC: Advance received in lieu of AMC, taxable in year of receipt, consideration received non-refundable
Nov 04, 2024
- In Favour of Revenue
- Citation Number : TS-802-HC-2024(MAD)
- Tax Payer : Johnson Lifts Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Development fees a capital receipt as utilized for creation of capital asset, not part of gross receipt
Oct 30, 2024
- In Favour of Assessee
- Citation Number : TS-800-ITAT-2024(JPR)
- Tax Payer : Navratan Vidha Mandir Shiksha Samiti
Income tax Appellate Tribunal
ITAT: Perpetual debentures with call & step-up option, is borrowing, allows interest u/s36(1)
Oct 30, 2024
- In Favour of Assessee
- Citation Number : TS-801-ITAT-2024(Mum)
- Tax Payer : TMF Holdings Ltd
Income tax Appellate Tribunal
ITAT: No interest is chargeable to tax on advances where no income is accrued
Oct 29, 2024
- In Favour of Assessee
- Citation Number : TS-798-ITAT-2024(JPR)
- Tax Payer : Raath Vidyapeeth
High Court
HC: Partial challenge to ITSC order, untenable, as condition of full & true disclosure satisfied
Oct 29, 2024
- In Favour of Assessee
- Citation Number : TS-799-HC-2024(DEL)
- Tax Payer : ASM Traxim Pvt. Ltd. & Ors
High Court
HC: Distinguishes Hexaware; Reassessment valid even if initiated by JAO
Oct 29, 2024
- In Favour of Revenue
- Citation Number : TS-797-HC-2024(DEL)
- Tax Payer : T.K.S. Builders Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Section 56(2)(vii)(c)(ii) not attracted to shares received under amalgamation scheme, not transfer u/s 47(ii)
Oct 28, 2024
- In Favour of Assessee
- Citation Number : TS-796-ITAT-2024(Rjt)
- Tax Payer : Kruti Rajesh Doshi
High Court
HC: Remedy for claims against deceased Assessee before Insolvency Court; Orders in deceased name invalid
Oct 28, 2024
- In Favour of Assessee
- Citation Number : TS-795-HC-2024(MAD)
- Tax Payer : A. Sai Siva Jyothi
High Court
HC: Reprimands CIT(A) over non-adjudication of appeal pending for more than 8 years; Directs disposal within 3 months
Oct 26, 2024
- In Favour of Assessee
- Citation Number : TS-793-HC-2024(BOM)
- Tax Payer : City Centre Mall Nashik Pvt. Ltd
Income tax Appellate Tribunal
ITAT: DSIR certifies Sec.35(2AB) scientific expense, disallowance of deduction or further scrutiny not valid by AO
Oct 26, 2024
- In Favour of Assessee
- Citation Number : TS-794-ITAT-2024(CHNY)
- Tax Payer : MRF Limited