Filters
Rulings ( 14792 results )
Income tax Appellate Tribunal
ITAT: Allows FTC to Amarchand Mangaldas on tax withheld in Japan on professional legal fees
Oct 26, 2024
- In Favour of Assessee
- Citation Number : TS-790-ITAT-2024(Mum)
- Tax Payer : Amarchand Mangaldas & Suresh A Shroff & Co.
Income tax Appellate Tribunal
ITAT: ITAT: Sales, marketing services rendered abroad by NR-agent not FTS, not liable to TDS
Oct 26, 2024
- In Favour of Assessee
- Citation Number : TS-787-ITAT-2024(CHNY)
- Tax Payer : Spel Semiconductor Limited
High Court
HC: Income correctly categorized as ‘income from business’, principle of consistency to be followed
Oct 26, 2024
- In Favour of Assessee
- Citation Number : TS-781-HC-2024(BOM)
- Tax Payer : National Leasing Limited
Foreign Court
FC: Netherlands Court rules Individuals becoming US Residents for Personal Reasons entitled to ‘Government Service’ Article Exemption
Oct 25, 2024
- In Favour of Assessee
- Citation Number : TS-844-FC-2023(NETH)
- Tax Payer : Anonymous
Income tax Appellate Tribunal
ITAT: Clarifies year of taxability of unutilized amount in Cap. Gains Account Scheme
Oct 25, 2024
- In Favour of Assessee
- Citation Number : TS-791-ITAT-2024(RAI)
- Tax Payer : Digamber Madhav Chaudhary
High Court
HC: Gujarat HC reads riot act to IT Dept. over CIT(A) case pile-up; Orders no recovery from petitioners
Oct 24, 2024
- In Favour of Assessee
- Citation Number : TS-789-HC-2024(GUJ)
- Tax Payer : Om Vision Infraspace Private Limited
Income tax Appellate Tribunal
ITAT: Assessee not liable for DVO's lapse on delay in report submission; Stamp duty valuation indicative of price
Oct 24, 2024
- In Favour of Assessee
- Citation Number : TS-788-ITAT-2024(CTK)
- Tax Payer : Lalit Kumar Jalan
High Court
HC: Assessee cannot be denied personal hearing basis SOP; SOP solely apply to Revenue
Oct 24, 2024
- In Favour of Assessee
- Citation Number : TS-786-HC-2024(P & H)
- Tax Payer : Reena Garg
Income tax Appellate Tribunal
ITAT: ITAT: Free import of assets for testing purposes, no benefit u/s28(iv) to Assessee; Deletes addition
Oct 23, 2024
- In Favour of Assessee
- Citation Number : TS-784-ITAT-2024(Bang)
- Tax Payer : Samsung R&D Institute India - Bangalore Pvt. Ltd
Supreme Court
SC: Quashes FIR against Bank officials for misinterpreting IT Dept.'s bank locker instructions
Oct 23, 2024
- In Favour of Assessee
- Citation Number : TS-780-SC-2024
- Tax Payer : HDFC Bank Ltd.
High Court
HC: Sec.12A registration not disposed in 6months, does not create deeming fiction for granting registration
Oct 22, 2024
- In Favour of Revenue
- Citation Number : TS-783-HC-2024(BOM)
- Tax Payer : Dr. Kasliwal Medical Care & Research Foundation
Income tax Appellate Tribunal
ITAT: ITAT: Software updates supply & support services, not FIS u/Art.12(4)(b); Rejects trial & error method
Oct 22, 2024
- In Favour of Assessee
- Citation Number : TS-782-ITAT-2024(DEL)
- Tax Payer : Attachmate Corporation
Income tax Appellate Tribunal
ITAT: Invocation of Sec. 14A r.w.Rule 8D bad in law sans satisfaction recorded by AO
Oct 22, 2024
- In Favour of Assessee
- Citation Number : TS-779-ITAT-2024(CHNY)
- Tax Payer : Asianet Star Communications Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Capital reduction already examined during assessment proceedings, quashes proceedings u/s 263
Oct 21, 2024
- In Favour of Assessee
- Citation Number : TS-778-ITAT-2024(HYD)
- Tax Payer : Menzies Bobba Ground Handling Services Private Ltd
Supreme Court
SC: Copy of SC order recalling Ganpati Dealcom judgment
Oct 21, 2024
- In Favour of Revenue
- Citation Number : TS-775-SC-2024
- Tax Payer : Ganpati Dealcom Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Quashes reassessment sans Sec.143(2) notice issued prior to finalisation of reassessment order
Oct 19, 2024
- In Favour of Assessee
- Citation Number : TS-771-ITAT-2024(SUR)
- Tax Payer : Eklavya Gems
Income tax Appellate Tribunal
ITAT: Deletes Sec.40(a)(ia) disallowance on payment towards sales commission to US subsidiary; Rejects taxability as FTS
Oct 19, 2024
- In Favour of Assessee
- Citation Number : TS-773-ITAT-2024(Bang)
- Tax Payer : Algonomy Software Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Revenue appeal 'infructuous' sans remedy against CIT(A) order, as 'Appeal Effect' order grants exemption u/s10(26AAB)
Oct 19, 2024
- In Favour of Assessee
- Citation Number : TS-777-ITAT-2024(LKW)
- Tax Payer : Krishi Utpadan Mandi Samiti
Income tax Appellate Tribunal
ITAT: Upholds Sec.153A assessment, Assessee’s failure to provide ‘no objection waiver form’ for verifying undisclosed bank account
Oct 19, 2024
- In Favour of Revenue
- Citation Number : TS-656-ITAT-2024(DEL)
- Tax Payer : Parag Dalmia
Income tax Appellate Tribunal
ITAT: Prize winning from unsold lottery tickets taxable as business income, not income from other sources
Oct 19, 2024
- In Favour of Assessee
- Citation Number : TS-761-ITAT-2024(CHNY)
- Tax Payer : Pooja Marketing