Filters
Rulings ( 14830 results )
High Court
HC: HC: Dismisses writ against reassessment proceedings, endorses appellate remedy; Follows SC ruling in Chhabildas
Nov 26, 2022
- In Favour of Revenue
- Citation Number : TS-909-HC-2022(DEL)
- Tax Payer : Ajay Gupta (HUF)
Income tax Appellate Tribunal
ITAT: Redington India’s ‘Dollar Team’ operates for Singapore-subsidiary, constitutes Fixed Place & Dependent Agent PE
Nov 25, 2022
- In Favour of Revenue
- Citation Number : TS-908-ITAT-2022(CHNY)
- Tax Payer : Redington Distribution Pte. Ltd
Supreme Court
SC: Dismisses Assessee's SLP for interest waiver; Rejects MAP resolution plea
Nov 25, 2022
- In Favour of Revenue
- Citation Number : TS-902-SC-2022
- Tax Payer : Pioneer Overseas Corporation USA (India Branch)
High Court
HC: HC: Promoter challenging Sec.148 notice on struck-off Co., later restored, abuse of law; Imposes Rs.50,000 cost
Nov 24, 2022
- In Favour of Revenue
- Citation Number : TS-905-HC-2022(DEL)
- Tax Payer : Ravinder Kumar Aggarwal
High Court
HC: HC: Recommends Larger Bench on maintainability of writ against NaFAC where JAO outside Court's territory
Nov 24, 2022
- In Favour of None/NA
- Citation Number : TS-903-HC-2022(DEL)
- Tax Payer : GPL-RKTCPL JV
Supreme Court
SC: SC: Asset-revaluation credited to Partners' Capital, taxable in 'otherwise' category of Sec.45(4)
Nov 24, 2022
- In Favour of Revenue
- Citation Number : TS-904-SC-2022
- Tax Payer : Mansukh Dyeing and Printing Mills
Supreme Court
SC: Fresh reassessment notice unwarranted on change of AO; Upholds proceedings, basis Sec.129
Nov 23, 2022
- In Favour of Revenue
- Citation Number : TS-901-SC-2022
- Tax Payer : Mastech Technologies Pvt. Ltd. (Now Avaids Technovators Pvt. Ltd.)
Income tax Appellate Tribunal
ITAT: Construes built-up area threshold for Sec.80-IB(10) from BMC outer limits; Allows pro-rata deduction
Nov 22, 2022
- In Favour of Both, Partially
- Citation Number : TS-897-ITAT-2022(Mum)
- Tax Payer : Bharat Tukaram Bhor
Income tax Appellate Tribunal
ITAT: Highway-project loan interest independent of FD-income; Denies expenditure & capital receipt plea
Nov 22, 2022
- In Favour of Revenue
- Citation Number : TS-896-ITAT-2022(PUN)
- Tax Payer : Sion Panvel Tollways Pvt. Ltd
High Court
HC: Interest on demand from fresh assessment cannot relate back to set-aside order
Nov 21, 2022
- In Favour of Assessee
- Citation Number : TS-895-HC-2022(DEL)
- Tax Payer : AT And T Communication Services (India) Pvt. Ltd
High Court
HC: Rectification cannot amount to reassessment; Directs VsV application disposal, basis original computation
Nov 19, 2022
- In Favour of Assessee
- Citation Number : TS-866-HC-2022(DEL)
- Tax Payer : Ambarnuj Finance And Investment Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Confirms 'on-money' addition, basis Director's statement & failure to appear for cross-examination
Nov 19, 2022
- In Favour of Revenue
- Citation Number : TS-884-ITAT-2022(Mum)
- Tax Payer : Rupinder Tandon
High Court
HC: HC: Holds Benami Act not applicable retrospectively; Quashes SCN for penal proceedings
Nov 19, 2022
- In Favour of Assessee
- Citation Number : TS-885-HC-2022(DEL)
- Tax Payer : Rajesh Katyal
Income tax Appellate Tribunal
ITAT: Absent cogent material, LTCG not bogus despite drastic spike in share-price
Nov 19, 2022
- In Favour of Assessee
- Citation Number : TS-886-ITAT-2022(Ahd)
- Tax Payer : Mamta Rajivkumar Agarwal
Income tax Appellate Tribunal
ITAT: Allows expenses exclusion from 'Total Turnover' at par with 'Export Turnover' for Sec.10A deduction
Nov 19, 2022
- In Favour of Assessee
- Citation Number : TS-891-ITAT-2022(CHNY)
- Tax Payer : Pentasoft Technologies Ltd.
Income tax Appellate Tribunal
ITAT: Directs DRP to decide treaty benefit on Independent Personal Services, basis additional evidence
Nov 19, 2022
- In Favour of Assessee
- Citation Number : TS-893-ITAT-2022(DEL)
- Tax Payer : Curits, Mallet-Prevost, Colt & Mosle LLP
Income tax Appellate Tribunal
ITAT: Upholds revision of wrong tax-rate under Sec.115BBE after CIT(A) passed quantum order
Nov 19, 2022
- In Favour of Revenue
- Citation Number : TS-892-ITAT-2022(CHANDI)
- Tax Payer : Agya Ram Manohar Lal
Income tax Appellate Tribunal
ITAT: Quashes revision against TN Govt. Liquor Co. over allowability of Rs.11000 Cr. VAT under Sec.40(a)(iib)
Nov 17, 2022
- In Favour of Assessee
- Citation Number : TS-890-ITAT-2022(CHNY)
- Tax Payer : Tamilnadu State Marketing Corporation Ltd.
Supreme Court
SC: Moulding 'Polyurethane Foam' car seats ineligible under Sec.80-IB as no further process undertaken
Nov 17, 2022
- In Favour of Revenue
- Citation Number : TS-887-SC-2022
- Tax Payer : Polyflex (India) Pvt. Ltd
Supreme Court
SC: Dismisses challenge against appointment of VP-ITAT; Upholds Madras HC ruling
Nov 17, 2022
- In Favour of None/NA
- Citation Number : TS-889-SC-2022
- Tax Payer : Aniruthan