Filters

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

Rulings ( 12913 results )

Filters
High Court

HC: ‘Round-tripping’ justifies deeper tax probe; Upholds reassessment given non-disclosure of material facts

Apr 25, 2025
  • In Favour of Assessee
  • Citation Number : TS-458-HC-2025(MAD)
  • Tax Payer : Dalmia Cement (Bharat) Limited
High Court

HC: ITAT failed to appreciate evidences, unaccounted income introduced as capital constitutes 'colorable device'

Apr 25, 2025
  • In Favour of Revenue
  • Citation Number : TS-459-HC-2025(CHAT)
  • Tax Payer : B.L. Agrawal
Income tax Appellate Tribunal

ITAT: Allows one time deduction, aligning revenue recognition process with POCM under Ind-AS 18

Apr 25, 2025
  • In Favour of Assessee
  • Citation Number : TS-457-ITAT-2025(DEL)
  • Tax Payer : DLF Limited
Income tax Appellate Tribunal

ITAT: Compensation in lieu of surrender of ‘right to sue’, capital receipt, not taxable as LTCG u/s 45

Apr 25, 2025
  • In Favour of Assessee
  • Citation Number : TS-456-ITAT-2025(Mum)
  • Tax Payer : Ramesh Ravji Chheda
Income tax Appellate Tribunal

ITAT: Allows interest deduction u/s 36(1)(iii) to Bangalore International Airport for funds given to subsidiary

Apr 25, 2025
  • In Favour of Revenue
  • Citation Number : TS-454-ITAT-2025(Bang)
  • Tax Payer : Bangalore International Airport Ltd
Income tax Appellate Tribunal

ITAT: Allows Sec. 11 exemption given advances were for furthering Trusts’ objects

Apr 25, 2025
  • In Favour of Assessee
  • Citation Number : TS-445-ITAT-2025(Mum)
  • Tax Payer : Sai Shiva Educational Trust
Income tax Appellate Tribunal

ITAT: Limits addition on bogus purchases applying 0.20% GP rate, follows coordinate bench precedent

Apr 25, 2025
  • In Favour of Assessee
  • Citation Number : TS-452-ITAT-2025(Mum)
  • Tax Payer : Shree Sundha Steels Private Limited
Income tax Appellate Tribunal

ITAT: Restricts bogus sales addition to GP rate absent disputed purchases

Apr 25, 2025
  • In Favour of Assessee
  • Citation Number : TS-453-ITAT-2025(Mum)
  • Tax Payer : R C Gems
Income tax Appellate Tribunal

ITAT: Condones 416-days delay by senior citizen Assessee given notices sent to deceased spouse

Apr 25, 2025
  • In Favour of Assessee
  • Citation Number : TS-451-ITAT-2025(Bang)
  • Tax Payer : Louella Maria Albuquerque
Income tax Appellate Tribunal

ITAT: Tax relief u/s 54B available on transfer of land 'used for agriculture' & not 'transfer of agricultural land'

Apr 25, 2025
  • In Favour of Assessee
  • Citation Number : TS-455-ITAT-2025(Mum)
  • Tax Payer : Suresh Bhagwandas Mehta
High Court

HC: Quashes reassessment, citing no failure to disclose fully and truly, issues already examined during original assessment

Apr 24, 2025
  • In Favour of Assessee
  • Citation Number : TS-449-HC-2025(BOM)
  • Tax Payer : Prithvi Apartments Co-operative Housing Society Limited
High Court

HC: CIT(E) not empowered to deal with application seeking condonation of delay over 1-year

Apr 24, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-447-HC-2025(BOM)
  • Tax Payer : Al Qalam Educational Trust
High Court

HC: Explains conditions laid u/s 149(1A); Sets aside notice issued being beyond limitation period

Apr 24, 2025
  • In Favour of Assessee
  • Citation Number : TS-444-HC-2025(DEL)
  • Tax Payer : L-1 Identity Solutions Operating Company Private Limited
High Court

HC: Quashes demand order, directs Revenue not to pursue recovery proceedings, till final disposal of appeal

Apr 24, 2025
  • In Favour of Assessee
  • Citation Number : TS-448-HC-2025(TEL)
  • Tax Payer : Chidrupi Estates and Holding Limited
Income tax Appellate Tribunal

ITAT: Regular assessment not summary proceedings for adjudication of disallowance if no valid return exists

Apr 24, 2025
  • In Favour of Assessee
  • Citation Number : TS-446-ITAT-2025(Bang)
  • Tax Payer : Mysore District Judicial Employee Credit Co-operative Society Limited
Income tax Appellate Tribunal

ITAT: Allows intra-head adjustment for set-off of losses u/s 71 sans relevant tax treaty provisions

Apr 24, 2025
  • In Favour of Assessee
  • Citation Number : TS-443-ITAT-2025(DEL)
  • Tax Payer : Hyosung Corporation
Income tax Appellate Tribunal

ITAT: Deletes Rs. 103 cr addition on rickshaw driver, notes AO's failiure to nab real culprits

Apr 24, 2025
  • In Favour of Assessee
  • Citation Number : TS-442-ITAT-2025(Mum)
  • Tax Payer : Surendra Kumar Rajmani Mishra
High Court

HC: Interest payment by Assessee on deposits from its Shareholders, etc. not liable under Interest Tax Act

Apr 23, 2025
  • In Favour of Assessee
  • Citation Number : TS-441-HC-2025(MAD)
  • Tax Payer : Chandok Services Pvt. Ltd
High Court

HC: Insurance Cos outside Sec. 14A ambit, income computed u/s 44 r.w. First schedule; Allows IBNR & IBNER provisions

Apr 23, 2025
  • In Favour of Assessee
  • Citation Number : TS-440-HC-2025(MAD)
  • Tax Payer : Cholamandalam MS General Insurance Co Ltd
Income tax Appellate Tribunal

ITAT: Deletes TDS demands against House of Anita Dongre, cites franchisees' transactions on principal to principal basis

Apr 23, 2025
  • In Favour of Assessee
  • Citation Number : TS-439-ITAT-2025(Mum)
  • Tax Payer : House of Anita Dongre Pvt Ltd