Rulings ( 14830 results )

FC: French Apex Court holds Beneficial Owner entitled to treaty benefit even in triangular arrangement

  • In Favour of Both, Partially
  • Citation Number : TS-1038-FC-2022(FRN)
  • Tax Payer : Planet SARL

HC: Absent ingredients of prima facie case, waiver of Sec.11 exemption not tax evasion

  • In Favour of Assessee
  • Citation Number : TS-61-HC-2023(CAL)
  • Tax Payer : Kali Pradip Chowdhuri & Ors

ITAT: Rules on revenue recognition for Builder & Developer, applicability of AS-7

  • In Favour of Assessee
  • Citation Number : TS-58-ITAT-2023(Bang)
  • Tax Payer : Corporate Leisure & Property Development Private Limited

SC: SC: Dismisses foreign national's plea for condoning delay in filing ITR

  • In Favour of Revenue
  • Citation Number : TS-60-SC-2023
  • Tax Payer : Puneet Rastogi

DC: DC: Upholds conviction for ITR non-filing as Assessee fails to rebut mens rea presumption

  • In Favour of Revenue
  • Citation Number : TS-59-DC-2023(Mum)
  • Tax Payer : Hema Chetan Shah

HC: HC: CBDT Circular on allowability of freebies to Doctors, inapplicable to AY 2008-09

  • In Favour of Assessee
  • Citation Number : TS-57-HC-2023(BOM)
  • Tax Payer : ABBOTT INDIA LIMITED, (As successor of Solvay Pharma India Ltd.)

HC: HC: Quashes Sec.148 notices against Vedanta Resources for invalid assumption of jurisdiction in Orissa

  • In Favour of Assessee
  • Citation Number : TS-56-HC-2023(ORI)
  • Tax Payer : Vedanta Resources Ltd

HC: HC: Upholds Kamal Nath’s case transfer from Kolkata to Delhi; Rejects 'prejudice' plea

  • In Favour of Revenue
  • Citation Number : TS-55-HC-2023(CAL)
  • Tax Payer : Kamal Nath

ITAT: Raises concerns on Dept.'s credibility over 'open-defiance' of DRP's directions by AOs

  • In Favour of Assessee
  • Citation Number : TS-53-ITAT-2023(DEL)
  • Tax Payer : Oxbow Energy Solutions LLC

HC: HC: IBM Philippines' payroll services not FTS but 'business income', absent PE not taxable

  • In Favour of Assessee
  • Citation Number : TS-54-HC-2023(KAR)
  • Tax Payer : IBM India Private Limited

ITAT: Variation in tax rate not eligible for Sec.144C procedure; Quashes assessment as time-barred

  • In Favour of Assessee
  • Citation Number : TS-49-ITAT-2023(Mum)
  • Tax Payer : Erisse Investments Ltd

ITAT: ITAT: LLP, as partner in firm, eligible for Sec.10(2A) exemption

  • In Favour of Assessee
  • Citation Number : TS-51-ITAT-2023(Bang)
  • Tax Payer : Mulberry Textiles LLP

ITAT: Interest on delayed TDS remittance, not 'expenditure' under Sec.37(1)

  • In Favour of Revenue
  • Citation Number : TS-39-ITAT-2023(Kol)
  • Tax Payer : Premier Irrigation Adritec (P.) Ltd.

HC: Directs 7% interest on Revenue's delay in payment of special audit fee

  • In Favour of Assessee
  • Citation Number : TS-47-HC-2023(DEL)
  • Tax Payer : G K Choksi and Co

HC: Denies writ on allowability of Sec.80P(2)(d) deduction over factual dispute of investee's status

  • In Favour of Revenue
  • Citation Number : TS-48-HC-2023(MAD)
  • Tax Payer : Muhavoor Primary Agricultural Cooperation Society Ltd

SC: Clarifies judgment on tax exemption for Sikkim domiciled individuals

  • In Favour of Assessee
  • Citation Number : TS-52-SC-2023
  • Tax Payer : Association of Old Settlers of Sikkim and Ors

FC: Finnish Apex Court holds 'No PE' where non-core activities conducted through fixed place

  • In Favour of Assessee
  • Citation Number : TS-1206-FC-2021(FIN)
  • Tax Payer : C AB

ITAT: ITAT: Assessment on GSK, post-amalgamation with HUL, illegal; Follows Maruti ruling over Mahagun

  • In Favour of Assessee
  • Citation Number : TS-50-ITAT-2023(Mum)
  • Tax Payer : Hindustan Unilever Ltd (As Legal Successor of Glaxo Smithkline Consumer Healthcare Ltd)

ITAT: Rules on Sec.80-IB(9) benefit, Sec.40(a)(ia) disallowance & other issues for Cairn Group Co.

  • In Favour of Both, Partially
  • Citation Number : TS-46-ITAT-2023(DEL)
  • Tax Payer : Cairn Energy Hydrocarbon Ltd

ITAT: Sec.32AC deduction meant only for manufacturing sector; Holds Infosys ineligible

  • In Favour of Both, Partially
  • Citation Number : TS-44-ITAT-2023(Bang)
  • Tax Payer : Infosys Ltd