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Income tax Appellate Tribunal
ITAT: Quashes reassessment over unsigned Sec. 148 notice; Revenue failed to disprove claim of unsigned notice
May 03, 2025
- In Favour of Assessee
- Citation Number : TS-501-ITAT-2025(DEL)
- Tax Payer : Karan Anand
Income tax Appellate Tribunal
ITAT: Holds only profit element of undisclosed receipts taxable & not entire gross receipts
May 03, 2025
- In Favour of Assessee
- Citation Number : TS-503-ITAT-2025(DEL)
- Tax Payer : Fourstar Hospitalities LLP
High Court
HC: Dismisses Revenue’s appeal having low tax effect; Circular 5 of 2024 supersedes previous circulars
May 03, 2025
- In Favour of Assessee
- Citation Number : TS-500-HC-2025(BOM)
- Tax Payer : Sulzer Pumps India Limited
High Court
HC: Receipts of marketing & reservation support services from AE not taxable as FIS under DTAA
May 03, 2025
- In Favour of Assessee
- Citation Number : TS-504-HC-2025(DEL)
- Tax Payer : Six Continents Hotels Inc.
High Court
HC: Prohibitory order against CPI(M) not in operation, given expired by operation of law u/s 132(8A)
May 03, 2025
- In Favour of Assessee
- Citation Number : TS-502-HC-2025(KER)
- Tax Payer : M.M. Varghese
Income tax Appellate Tribunal
ITAT: Appeal not invalid due to amalgamation during proceedings, cites manual Form 35 sufficient sans portal provision
May 03, 2025
- In Favour of Assessee
- Citation Number : TS-499-ITAT-2025(DEL)
- Tax Payer : IDP Education India Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Sec. 80P deduction disallowance solely on delay in filing return unsustainable; Due date extension applies to Coop. Society
May 02, 2025
- In Favour of Assessee
- Citation Number : TS-494-ITAT-2025(Bang)
- Tax Payer : Sree Venkateshwara Souharda Credit Co-operative Limited
Income tax Appellate Tribunal
ITAT: Sets aside reassessment based on investigation report, no supporting material, remits for denovo adjudication
May 02, 2025
- In Favour of Assessee
- Citation Number : TS-490-ITAT-2025(Mum)
- Tax Payer : Alchemist Multitrade Private Limited
Income tax Appellate Tribunal
ITAT: Holds substantial justice prevails over procedural lapses, condones 427 days delay
May 02, 2025
- In Favour of Assessee
- Citation Number : TS-492-ITAT-2025(Mum)
- Tax Payer : Infiniti Retail Limited
Income tax Appellate Tribunal
ITAT: Sale consideration not understated as Assessee, a co-owner, received only proportionate consideration
May 02, 2025
- In Favour of Assessee
- Citation Number : TS-498-ITAT-2025(Bang)
- Tax Payer : Mudigundam Srinivasamurthy Manjunath
Income tax Appellate Tribunal
ITAT: Upholds reassessment on CSR deduction u/s 80G; Allows deduction given conditions stood fulfilled
May 02, 2025
- In Favour of Assessee
- Citation Number : TS-491-ITAT-2025(Mum)
- Tax Payer : Godfrey Phillips India Ltd
Income tax Appellate Tribunal
ITAT: Sec. 153A proceedings vitiated given exclusion of Assessee’s name from search warrant
May 02, 2025
- In Favour of Assessee
- Citation Number : TS-496-ITAT-2025(Bang)
- Tax Payer : Shilpa Nara
High Court
HC: Unabsorbed depreciation amendment not retrospective; Rules on rectification powers where appeal pending
May 02, 2025
- In Favour of Both, Partially
- Citation Number : TS-497-HC-2025(MAD)
- Tax Payer : Prime Urban Development India Ltd
High Court
HC: Interest on delayed land acquisition part of principal compensation, treated as ‘capital gains’
May 02, 2025
- In Favour of Assessee
- Citation Number : TS-495-HC-2025(KER)
- Tax Payer : Anvar Ali Poolakkodan
High Court
HC: Banking transactions by Coop. Credit Society taxable u/s 194N; Rejects Pongal gifts argument
May 02, 2025
- In Favour of Revenue
- Citation Number : TS-493-HC-2025(MAD)
- Tax Payer : A 1160 Manjanaickanpatti Primary Agricultural Cooperative Credit Society Limited
Income tax Appellate Tribunal
ITAT: Upholds CIT(A)'s adoption of 10% net profit on unaccounted suppressed sales basis seized materials
May 02, 2025
- In Favour of None/NA
- Citation Number : TS-488-ITAT-2025(DEL)
- Tax Payer : Kohli Tent House
High Court
HC: Technical rules of Evidence Act/BSA inapplicable to assessment proceedings; Allows Revenue appeal
May 01, 2025
- In Favour of Revenue
- Citation Number : TS-487-HC-2025(MAD)
- Tax Payer : Vetrivel Minerals
Income tax Appellate Tribunal
ITAT: Upholds Sec. 263 invocation absent reasons for not levying penalty u/s 271(1)(c) on multiple issues
Apr 30, 2025
- In Favour of Revenue
- Citation Number : TS-486-ITAT-2025(Mum)
- Tax Payer : Anjali Neeraj Hardikar
Income tax Appellate Tribunal
ITAT: Holds Assessee not “in default” relying on previous AY order, deletes total demand
Apr 30, 2025
- In Favour of Assessee
- Citation Number : TS-483-ITAT-2025(Bang)
- Tax Payer : Unitedlex India Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Consultancy fees to UK-firm not FTS under India-UK DTAA sans ‘make available’ condition
Apr 30, 2025
- In Favour of Assessee
- Citation Number : TS-485-ITAT-2025(Mum)
- Tax Payer : Buro Happold Limited