Filters

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

Rulings ( 14670 results )

Filters
Income tax Appellate Tribunal

ITAT: Retrenchment compensation under BSNL VRS, capital receipt exempt u/s 10(10B), despite appellate-stage claim

Apr 29, 2026
  • In Favour of Assessee
  • Citation Number : TS-608-ITAT-2026(Mum)
  • Tax Payer : Bajirao Shankar Jagdale
Income tax Appellate Tribunal

ITAT: Dismisses appeal as infructuous due to liquidation, no enforceable tax demand; Condones delay

Apr 28, 2026
  • In Favour of Assessee
  • Citation Number : TS-603-ITAT-2026(Bang)
  • Tax Payer : Fibertex Private Limited
Income tax Appellate Tribunal

ITAT: Reverses CIT(A) order for deleting addition without appreciating evidentiary matrix; Restores matter

Apr 28, 2026
  • In Favour of Both, Partially
  • Citation Number : TS-607-ITAT-2026(Mum)
  • Tax Payer : NIBR Bullion Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Only inventory-related costs capitalized, general expenses allowable as revenue u/s 37(1)

Apr 28, 2026
  • In Favour of Assessee
  • Citation Number : TS-602-ITAT-2026(Mum)
  • Tax Payer : Samira Realty Projects Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Condones 639-days delay in appeal citing improper service and genuine medical hardship

Apr 28, 2026
  • In Favour of Assessee
  • Citation Number : TS-600-ITAT-2026(Mum)
  • Tax Payer : Sunanda Vasant Pai
Income tax Appellate Tribunal

ITAT: Sets-aside CIT(A) order based on erroneous premise of ex-parte assessment; Remands matter

Apr 28, 2026
  • In Favour of Both, Partially
  • Citation Number : TS-606-ITAT-2026(Ahd)
  • Tax Payer : Mukesh Commotrade Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Deletes Sec. 68 addition on unexplained agricultural income given Assessee discharged primary onus

Apr 28, 2026
  • In Favour of Assessee
  • Citation Number : TS-577-ITAT-2026(Mum)
  • Tax Payer : Vithoba Holiday Resort Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Sec. 254(2) MA cannot be used to re-argue jurisdiction; No review/recall absent “apparent error”

Apr 28, 2026
  • In Favour of Revenue
  • Citation Number : TS-576-ITAT-2026(Mum)
  • Tax Payer : Vipul Bansal
High Court

HC: Shareholders are not beneficial owners of company assets; Revenue cannot tax without statutory support

Apr 28, 2026
  • In Favour of Assessee
  • Citation Number : TS-605-HC-2026(DEL)
  • Tax Payer : Pradeep Wig
Income tax Appellate Tribunal

ITAT: Restores issue of exemption u/s 11 for denovo adjudication as per amended proviso to Sec. 2(15)

Apr 28, 2026
  • In Favour of Both, Partially
  • Citation Number : TS-604-ITAT-2026(Mum)
  • Tax Payer : Bombay Chamber of Commerce and Industry
High Court

HC: Larger Bench to decide if DDT is tax on company or shareholder; Doubts Colorcon's correctness

Apr 27, 2026
  • In Favour of Revenue
  • Citation Number : TS-601-HC-2026(BOM)
  • Tax Payer : Foseco India Ltd
Income tax Appellate Tribunal

ITAT: Restores issue of cancellation of Sec. 12AB registration sans mention of specific limb of ‘specified violation’

Apr 27, 2026
  • In Favour of Both, Partially
  • Citation Number : TS-599-ITAT-2026(Mum)
  • Tax Payer : National Payments Corporation of India
Income tax Appellate Tribunal

ITAT: Write off of slow & non-moving inventory under AS-2, valid & legally sustainable; Deletes addition

Apr 27, 2026
  • In Favour of Assessee
  • Citation Number : TS-598-ITAT-2026(DEL)
  • Tax Payer : Dalmia Bharat Ltd
Income tax Appellate Tribunal

ITAT: Trade receipts taxed in previous AY cannot be treated as unexplained credits; Deletes Sec. 68 addition

Apr 27, 2026
  • In Favour of Assessee
  • Citation Number : TS-597-ITAT-2026(DEL)
  • Tax Payer : Jr. Jindal Infraprojects Pvt. Ltd
High Court

HC: Validates Sec. 153C proceedings, clarifies identity of "searched person" linked to satisfaction note

Apr 27, 2026
  • In Favour of Revenue
  • Citation Number : TS-596-HC-2026(KAR)
  • Tax Payer : C. R. Ram Mohan Raju
Income tax Appellate Tribunal

ITAT: Finds rural background & lack of guidance as reasonable cause, deletes Sec. 271B penalty

Apr 27, 2026
  • In Favour of Assessee
  • Citation Number : TS-595-ITAT-2026(Ahd)
  • Tax Payer : The Paroli Dudh Utpadak Sahakari Mandali
Income tax Appellate Tribunal

ITAT: Allows Sec. 87A rebate on STCG u/s 111A where income below Rs. 7 Lac threshold

Apr 25, 2026
  • In Favour of Assessee
  • Citation Number : TS-589-ITAT-2026(Rjt)
  • Tax Payer : Jignesh Harjivanbhai Chikani
Income tax Appellate Tribunal

ITAT: Condones Sec. 12A registration delay due to procedural lapses & interpretational confusion; Remits back for denovo adjudication

Apr 25, 2026
  • In Favour of Assessee
  • Citation Number : TS-594-ITAT-2026(Ahd)
  • Tax Payer : Navsarjan Education Trust
High Court

HC: Sales tax subsidy received under State Government Scheme, non-taxable capital receipt, excluded from book profit u/s 115JB

Apr 25, 2026
  • In Favour of Assessee
  • Citation Number : TS-578-HC-2026(CAL)
  • Tax Payer : GRAPHITE INDIA LTD
High Court

HC: Upholds PCIT order u/s 119(2)(b) rejecting 6 years condonation of over delay in filing ITR to claim refund; CBDT circular mandatory

Apr 25, 2026
  • In Favour of Revenue
  • Citation Number : TS-584-HC-2026(KER)
  • Tax Payer : SURESH VELU ELLATHUKALATHIL