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Rulings ( 14830 results )
Supreme Court
SC: Following AUDA ruling, remands appeal over exemption of newspaper’s income utilised for charity
Feb 06, 2023
- In Favour of Both, Partially
- Citation Number : TS-43-SC-2023
- Tax Payer : Servants of People Society
Income tax Appellate Tribunal
ITAT: Dismisses assessee's appeal against FAO passed after rectifying OGE as appeal grounds did not emanate from FAO
Feb 01, 2023
- In Favour of Revenue
- Citation Number : TS-517-ITAT-2022(Bang)
- Tax Payer : IBM India Private Limited
High Court
HC: Govt.’s repeated assurances to foreign investors sacrosanct; Revenue cannot 'go behind' TRC
Jan 30, 2023
- In Favour of Assessee
- Citation Number : TS-41-HC-2023(DEL)
- Tax Payer : Blackstone Capital Partners (Singapore) VI FDI Three Pte. Ltd
Income tax Appellate Tribunal
ITAT: Change in residential status in post-search return vis-a-vis original return, acceptable
Jan 28, 2023
- In Favour of Assessee
- Citation Number : TS-1036-ITAT-2022(Mum)
- Tax Payer : Ananya Ajay Mittal
Income tax Appellate Tribunal
ITAT: Rules on taxability of foreign donation for trust not registered under Sec.12A
Jan 28, 2023
- In Favour of Revenue
- Citation Number : TS-20-ITAT-2023(PAT)
- Tax Payer : Akshay Educational & Social Welfare Charitable Trust
Income tax Appellate Tribunal
ITAT: AMT applicable to Sec.80-IB(10) projects approved prior to introduction of Sec.115JC
Jan 28, 2023
- In Favour of Revenue
- Citation Number : TS-21-ITAT-2023(PUN)
- Tax Payer : Vikram Developers and Promoters
Income tax Appellate Tribunal
ITAT: Follows Checkmate ruling to recall order but restores for examining allowability under Sec.37
Jan 28, 2023
- In Favour of Both, Partially
- Citation Number : TS-19-ITAT-2023(CTK)
- Tax Payer : Sunila Sahu
Income tax Appellate Tribunal
ITAT: Restores L&T Mitsubishi JV's matter for examining loss, basis 300% cost escalation
Jan 28, 2023
- In Favour of Both, Partially
- Citation Number : TS-14-ITAT-2023(Mum)
- Tax Payer : L&T MHPS Generators Pvt. Ltd
High Court
HC: Quashes reassessment for non-supply of material underlying ‘reasons to believe’
Jan 28, 2023
- In Favour of Assessee
- Citation Number : TS-10-HC-2023(RAJ)
- Tax Payer : Micro Marbles Private Limited
Income tax Appellate Tribunal
ITAT: ITAT: Agreement with words 'make available' alone not decisive for taxability as FTS
Jan 27, 2023
- In Favour of Assessee
- Citation Number : TS-36-ITAT-2023(DEL)
- Tax Payer : TSYS Card Tech Ltd
Foreign Court
FC: Danish Supreme Court holds interposed entities not 'beneficial owners' of dividend income
Jan 25, 2023
- In Favour of Revenue
- Citation Number : TS-32-FC-2023(DEN)
- Tax Payer : NetApp Denmark ApS, TDC A/S
Income tax Appellate Tribunal
ITAT: Property transfer without registered sale deed, no ground for denying Sec.54F benefit
Jan 25, 2023
- In Favour of Assessee
- Citation Number : TS-35-ITAT-2023(DEL)
- Tax Payer : Sanjay Choudhary
High Court
HC: Full Bench confirms deductibility of replacement, upkeep & maintenance costs for rubber plantations
Jan 24, 2023
- In Favour of Assessee
- Citation Number : TS-1035-HC-2022(KER)
- Tax Payer : Rehabilitatipon Plantations Limited
Supreme Court
SC: Lessor, not lessee, the 'real owner' in finance lease; Dismisses Revenue's SLP
Jan 24, 2023
- In Favour of Assessee
- Citation Number : TS-34-SC-2023
- Tax Payer : Narmada Chematur Petrochemicals Ltd. (Now Known As Gujarat Narmada Valley Fertilizers Company Ltd.)
Income tax Appellate Tribunal
ITAT: Rules on Sec.10(23C) exemption eligibility for entity engaged in population control & health awareness
Jan 23, 2023
- In Favour of Assessee
- Citation Number : TS-1033-ITAT-2022(DEL)
- Tax Payer : Population Services International
Income tax Appellate Tribunal
ITAT: Restricts Sec.54F benefit as sum not duly deposited in capital gains account scheme
Jan 21, 2023
- In Favour of Revenue
- Citation Number : TS-24-ITAT-2023(CHNY)
- Tax Payer : Ramalingam Nagarajan
Income tax Appellate Tribunal
ITAT: Management Support Services provided by Inter Continental Hotel not FTS
Jan 21, 2023
- In Favour of Assessee
- Citation Number : TS-16-ITAT-2023(DEL)
- Tax Payer : Inter Continental Hotels Group (Asia Pacific) Pte. Ltd.
Income tax Appellate Tribunal
ITAT: Sec.54F 'beneficial' provision, substantial compliance sufficient for eligibility
Jan 21, 2023
- In Favour of Assessee
- Citation Number : TS-25-ITAT-2023(CHNY)
- Tax Payer : D. Vijayalakshmi
Income tax Appellate Tribunal
ITAT: ITAT: ITAT: Invokes MFN Clause to hold management support services not taxable as FTS under India-Belgium DTAA
Jan 21, 2023
- In Favour of Assessee
- Citation Number : TS-1034-ITAT-2022(DEL)
- Tax Payer : Wolters Kluwer Financial Services Belgium NV
Income tax Appellate Tribunal
ITAT: ITAT: ITAT: Penalty for TDS default initiated after 14 years, beyond reasonable limitation period
Jan 21, 2023
- In Favour of Assessee
- Citation Number : TS-28-ITAT-2023(DEL)
- Tax Payer : Hindustan Coca-Cola Beverages Pvt.ltd