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: CIT(A) deleted Sec.56(2)(viib) addition without considering Revenue's factual objections; Remands matter

Nov 25, 2023
  • In Favour of Revenue
  • Citation Number : TS-702-ITAT-2023(DEL)
  • Tax Payer : Sharp Eye Broadcasting Pvt. Ltd
High Court

HC: Condones 79 days appeal-filing delay attributable to pursuing review before ITAT

Nov 25, 2023
  • In Favour of Assessee
  • Citation Number : TS-687-HC-2023(DEL)
  • Tax Payer : Resorts Consortium India Limited
High Court

HC: Upholds Sec.148 notice issued by jurisdictional AO instead of NaFAC; Analyses CBDT OM

Nov 25, 2023
  • In Favour of Revenue
  • Citation Number : TS-693-HC-2023(CAL)
  • Tax Payer : Sanghi Steel Udyog Private Limited
Income tax Appellate Tribunal

ITAT: Allows Sec.80P deduction on interest income since 'attributable to' co-op society's activities

Nov 24, 2023
  • In Favour of Assessee
  • Citation Number : TS-703-ITAT-2023(VIZ)
  • Tax Payer : Yendagandhi Large Sized Co-operative Society Ltd
Foreign Court

FC: Luxembourg Court confirms advance ruling as non-binding over factual inconsistency & lack of evidence

Nov 24, 2023
  • In Favour of Revenue
  • Citation Number : TS-700-FC-2023(LXB)
  • Tax Payer : A SARL
High Court

HC: Quashes prosecution against delayed ITR-filing due to prepaid taxes, refund claim

Nov 24, 2023
  • In Favour of Assessee
  • Citation Number : TS-701-HC-2023(MAD)
  • Tax Payer : Manav Menon
Income tax Appellate Tribunal

ITAT: Paperwork futile where outcome transcends human probabilities; Upholds penny stock LTCG addition

Nov 23, 2023
  • In Favour of Revenue
  • Citation Number : TS-699-ITAT-2023(HYD)
  • Tax Payer : Anirudh Venkata Ragi
High Court

HC: Quashes tax-evasion prosecution against NRI over undisclosed capital gains as concealment penalty deleted

Nov 23, 2023
  • In Favour of Assessee
  • Citation Number : TS-698-HC-2023(MAD)
  • Tax Payer : Rohitkumar Nemchand Piparia
High Court

HC: HC: Undeposited TDS not recoverable from deductee despite deductor undergoing CIRP; Allows credit

Nov 22, 2023
  • In Favour of Assessee
  • Citation Number : TS-697-HC-2023(DEL)
  • Tax Payer : BDR Finvest Pvt Ltd
Supreme Court

SC: SC: Grants Revenue opportunity to raise rejected questions before Gujarat HC, Assessee may oppose

Nov 22, 2023
  • In Favour of Both, Partially
  • Citation Number : TS-696-SC-2023
  • Tax Payer : DISHMAN PHARMACEUTICALS & CHEMICALS LIMITED
Income tax Appellate Tribunal

ITAT: ITAT: Absent involvement of subsidiary, no profit attributable on offshore supplies to Indian customers

Nov 22, 2023
  • In Favour of Assessee
  • Citation Number : TS-695-ITAT-2023(DEL)
  • Tax Payer : Mosdorfer GMBH
Supreme Court

SC: EEFC A/c forex gain not ‘derived from’ exports; Rejects Sec.80HHC deduction, distinguishes Topman Exports

Nov 21, 2023
  • In Favour of Revenue
  • Citation Number : TS-690-SC-2023
  • Tax Payer : Shah Originals
High Court

HC: Strikes down 'CBDT Circular Clause 7(ii)' prescribing 12 months for filing compounding application

Nov 21, 2023
  • In Favour of Assessee
  • Citation Number : TS-694-HC-2023(MAD)
  • Tax Payer : Jayshree
High Court

HC: Merely posting MA in cause-list & dispatching notice, insufficient for hearing; 'Proper communication' mandatory

Nov 21, 2023
  • In Favour of Assessee
  • Citation Number : TS-692-HC-2023(MAD)
  • Tax Payer : Ejaz Tanning Company
High Court

HC: Sets aside order rejecting tax-evasion compounding application involving HSBC Geneva A/c, directs re-consideration

Nov 21, 2023
  • In Favour of Assessee
  • Citation Number : TS-689-HC-2023(DEL)
  • Tax Payer : Sanjiv Gupta
High Court

HC: Sec.132B-Expl.2 prospective, treats seized cash as advance-tax; Directs interest from ITR-filing date

Nov 20, 2023
  • In Favour of Assessee
  • Citation Number : TS-688-HC-2023(DEL)
  • Tax Payer : Ashok Kumar Aggarwal
High Court

HC: Sec.69 addition on HSBC Geneva deposits, absent 'beneficial ownership' unsustainable; Upholds 'affidavit'

Nov 20, 2023
  • In Favour of Assessee
  • Citation Number : TS-684-HC-2023(P & H)
  • Tax Payer : Joginder Singh Chatha
High Court

HC: Treats assessment order with ‘final order attributes’ as draft, on parties' agreement

Nov 20, 2023
  • In Favour of Assessee
  • Citation Number : TS-686-HC-2023(DEL)
  • Tax Payer : Jubilant Foodworks Ltd
High Court

HC: Reads down Sec.245C(5); Settlement applications for ‘cases’ upto Mar’21 deemed pending

Nov 18, 2023
  • In Favour of Assessee
  • Citation Number : TS-685-HC-2023(MAD)
  • Tax Payer : Jain Metal Rolling Mills
Income tax Appellate Tribunal

ITAT: CBDT's DIN Circular 'self-contained code' & mandatory; Quashes DIN-less SCN & revisionary order

Nov 18, 2023
  • In Favour of Assessee
  • Citation Number : TS-671-ITAT-2023(Ahd)
  • Tax Payer : Nova Properties Private Limited