Filters

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

Rulings ( 15098 results )

Filters
Income tax Appellate Tribunal

ITAT: Trust, filing Form 10B after ITR but before assessment, eligible for Sec.11 exemption

Dec 23, 2023
  • In Favour of Assessee
  • Citation Number : TS-769-ITAT-2023(CHNY)
  • Tax Payer : Sri Vetri Vinayagar Educational Trust
Income tax Appellate Tribunal

ITAT: Allows income accumulation to Trust since aligned with its specific object

Dec 23, 2023
  • In Favour of Assessee
  • Citation Number : TS-785-ITAT-2023(Mum)
  • Tax Payer : Bal Jeevan Trust
High Court

HC: Quashes prosecution over delayed ITR-filing since filed within AY; Applies Sec.276CC-proviso

Dec 23, 2023
  • In Favour of Assessee
  • Citation Number : TS-780-HC-2023(MAD)
  • Tax Payer : P. Padmanabhan
Income tax Appellate Tribunal

ITAT: Infers 'Sec.153C satisfaction' not recorded since not furnished despite ample opportunities

Dec 23, 2023
  • In Favour of Assessee
  • Citation Number : TS-777-ITAT-2023(Bang)
  • Tax Payer : Karthik Krishna
High Court

HC: Directs jurisdictional officer on Assessee’s complaint regarding PAN misuse & necessary action

Dec 23, 2023
  • In Favour of Assessee
  • Citation Number : TS-782-HC-2023(MAD)
  • Tax Payer : Moorthy Prabhu
Income tax Appellate Tribunal

ITAT: DIN mandatory on DRP directions; Subsequent intimation violates CBDT Circular

Dec 22, 2023
  • In Favour of Assessee
  • Citation Number : TS-787-ITAT-2023(CHNY)
  • Tax Payer : Sutherland Global & Others
Foreign Court

FC: Luxembourg Court holds branch not ipso facto PE, expounds on Art.5(1) & 5(2) interplay

Dec 22, 2023
  • In Favour of Revenue
  • Citation Number : TS-773-FC-2023(LXB)
  • Tax Payer : A SARL
High Court

HC: Quashes prosecution against independent director for not being served 'principal officer' notice

Dec 22, 2023
  • In Favour of Assessee
  • Citation Number : TS-784-HC-2023(BOM)
  • Tax Payer : Anish Modi
High Court

HC: Rejects challenge against Circulars requiring Sec.194A & 194N compliance by Co-op Societies

Dec 22, 2023
  • In Favour of Revenue
  • Citation Number : TS-783-HC-2023(MAD)
  • Tax Payer : The Chennimalai Siragiri Murugan Primary Handloom Weaver's Cooperative Society Ltd
High Court

HC: HC: Grants 6% interest on Equalisation Levy refund; Applies Sec.244A principle & SC’s Tata Chemicals

Dec 21, 2023
  • In Favour of Assessee
  • Citation Number : TS-781-HC-2023(BOM)
  • Tax Payer : Group M Media India Private Limited
Income tax Appellate Tribunal

ITAT: Investor not sister concern but unrelated corporate giant; Rs.59 Cr. share premium not taxable

Dec 21, 2023
  • In Favour of Assessee
  • Citation Number : TS-779-ITAT-2023(Mum)
  • Tax Payer : PNP Maritime Services Pvt. Ltd
Income tax Appellate Tribunal

ITAT: No blanket legislative intention to bar CSR expenses under Sec.80G; Sets aside revision

Dec 21, 2023
  • In Favour of Assessee
  • Citation Number : TS-770-ITAT-2023(Mum)
  • Tax Payer : Societe Generale Securities India Pvt. Ltd
High Court

HC: Myntra entitled to Rs.29.30 Cr. refund; Finds 'overwhelming circumstances established by undisputed facts'

Dec 20, 2023
  • In Favour of Assessee
  • Citation Number : TS-776-HC-2023(KAR)
  • Tax Payer : Myntra Designs Pvt. Ltd
High Court

HC: Directs Revenue to accept returned income for 12 AYs as time-limit under Sec.153(2A)/153(3) expired

Dec 20, 2023
  • In Favour of Assessee
  • Citation Number : TS-775-HC-2023(DEL)
  • Tax Payer : Indian Renewable Energy Development Agency Ltd
Income tax Appellate Tribunal

ITAT: DIN-less 'Sec.153D approval' renders post-search assessment invalid; DIN 'cardinal & integral' for validity

Dec 19, 2023
  • In Favour of Assessee
  • Citation Number : TS-772-ITAT-2023(DEL)
  • Tax Payer : Finesse International Design Pvt. Ltd
High Court

HC: Directs VC hearing in high-pitched assessment involving agricultural income

Dec 19, 2023
  • In Favour of Assessee
  • Citation Number : TS-771-HC-2023(MAD)
  • Tax Payer : C. Chellamuthu
Income tax Appellate Tribunal

ITAT: Explains interplay of trade & commerce vis-a-vis charity in light of SC's AUDA judgment

Dec 19, 2023
  • In Favour of Both, Partially
  • Citation Number : TS-763-ITAT-2023(Mum)
  • Tax Payer : Media Research Users Council
Supreme Court

SC: Dismisses Revenue's SLP for delay against HC judgment granting 7% interest on special audit fee

Dec 18, 2023
  • In Favour of Assessee
  • Citation Number : TS-767-SC-2023
  • Tax Payer : G.K. Choksi And Co
High Court

HC: Reiterates law on revisionary powers over AO's inquiry on alleged unexplained cash deposits

Dec 16, 2023
  • In Favour of Revenue
  • Citation Number : TS-728-HC-2023(DEL)
  • Tax Payer : Klaxon Trading Pvt Ltd
Income tax Appellate Tribunal

ITAT: Confirms disallowance subject to HC judgment on identical question of law

Dec 16, 2023
  • In Favour of Both, Partially
  • Citation Number : TS-759-ITAT-2023(Mum)
  • Tax Payer : Small Industrial