Filters

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

Rulings ( 13514 results )

Filters
Income tax Appellate Tribunal

ITAT: Confirms addition of unexplained bank credits sans establishment of genuineness of transaction

Jul 14, 2025
  • In Favour of Assessee
  • Citation Number : TS-913-ITAT-2025(Ahd)
  • Tax Payer : Ashokbhai Muljibhai Vaniya
Supreme Court

SC: Appellate proceedings stand abeyed pending Settlement Commission order; Dismisses Revenue’s SLP

Jul 14, 2025
  • In Favour of Assessee
  • Citation Number : TS-912-SC-2025
  • Tax Payer : M.D. Industries Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Proceeds from sale of property converted from stock to investment, taxable as capital gains

Jul 14, 2025
  • In Favour of Assessee
  • Citation Number : TS-911-ITAT-2025(DEL)
  • Tax Payer : HKT Corporation Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Sec.69A addition based on loose sheet sans corroborative material & independent inquiry unsustainable

Jul 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-910-ITAT-2025(DEL)
  • Tax Payer : Sanjay Taneja
Income tax Appellate Tribunal

ITAT: Reassessment notice time-barred under Sec. 149; SC ruling in Rajeev Bansal applies

Jul 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-907-ITAT-2025(CHNY)
  • Tax Payer : Lakshmi Narasimhan Santhi
Income tax Appellate Tribunal

ITAT: Deletes addition u/s 69 based on dumb documents sans corroborative evidence; Upholds reassessment on prima facie belief

Jul 12, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-908-ITAT-2025(DEL)
  • Tax Payer : News Builders and Developers Pvt Ltd.
Income tax Appellate Tribunal

ITAT: Labour & farm expenses allowable on self-made vouchers as prevalent in Assessee’s business

Jul 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-909-ITAT-2025(Bang)
  • Tax Payer : Carreg Commodities Pvt. Ltd.
High Court

HC: Quashes Sec. 148 notice; Grants liberty to revive petition by moving 'Praecipe' if Hexaware decision set aside

Jul 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-901-HC-2025(BOM)
  • Tax Payer : Caishen Enterprise LLP
Income tax Appellate Tribunal

ITAT: Computation error not subject to revision; Quashes Sec. 263 revision over depreciation allowance

Jul 11, 2025
  • In Favour of Assessee
  • Citation Number : TS-904-ITAT-2025(Ahd)
  • Tax Payer : Bakeri Projects Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Deletes addition u/s 56(2)(x) on jointly purchased flat; Co-ownership prevails over allotment-letter

Jul 11, 2025
  • In Favour of Assessee
  • Citation Number : TS-898-ITAT-2025(Mum)
  • Tax Payer : Ramaswami Parameswaran Nallepilly
Income tax Appellate Tribunal

ITAT: Restricts bogus-purchase addition u/s 69C to 25% GP rate, cites Assessee proved genuineness

Jul 11, 2025
  • In Favour of Assessee
  • Citation Number : TS-897-ITAT-2025(Mum)
  • Tax Payer : The Official Liquidator in the case of M/s. Asian Electronics Ltd
Income tax Appellate Tribunal

ITAT: Assessee eligible for Sec. 80JJAA deduction since Form-10DA filed late but during assessment

Jul 11, 2025
  • In Favour of Assessee
  • Citation Number : TS-895-ITAT-2025(Bang)
  • Tax Payer : IIFL Samasta Finance Limited
Income tax Appellate Tribunal

ITAT: Quashes revision qua deduction u/s 80G as AO’s view was plausible & based on due inquiry

Jul 11, 2025
  • In Favour of Assessee
  • Citation Number : TS-892-ITAT-2025(Mum)
  • Tax Payer : Livlong Insurance Brokers Limited
Income tax Appellate Tribunal

ITAT: Deletes penalty u/s 271(1)(c) on disallowed interest claimed under OTS, basis bona fide claim

Jul 11, 2025
  • In Favour of Assessee
  • Citation Number : TS-891-ITAT-2025(Ahd)
  • Tax Payer : Charotar Gas Sahkari Mandali Ltd
Income tax Appellate Tribunal

ITAT: AO to recompute Sec. 14A disallowance only towards investments yielding exempt income

Jul 11, 2025
  • In Favour of Assessee
  • Citation Number : TS-883-ITAT-2025(Mum)
  • Tax Payer : Dai-ichi Karkaria Limited
Income tax Appellate Tribunal

ITAT: Estate of deceased assessable as ‘individual’ not ‘AOP’ despite multiple Will executors

Jul 11, 2025
  • In Favour of Assessee
  • Citation Number : TS-906-ITAT-2025(Mum)
  • Tax Payer : Estate of Satibai Tahilram Chellaram
High Court

HC: No time bar for compounding offences, strikes down CBDT's guideline; Directs reconsideration

Jul 11, 2025
  • In Favour of Assessee
  • Citation Number : TS-905-HC-2025(MAD)
  • Tax Payer : Moorthy Elumalai
High Court

HC: SC decision no ground for invoking Sec. 254(2), no mistake apparent in ITAT's original order

Jul 11, 2025
  • In Favour of Assessee
  • Citation Number : TS-902-HC-2025(BOM)
  • Tax Payer : Prakash D. Koli
High Court

HC: Insurance claim on dead horses is capital receipt; Rejects Revenue's attempt to invoke Sec. 41(1)

Jul 10, 2025
  • In Favour of Assessee
  • Citation Number : TS-900-HC-2025(BOM)
  • Tax Payer : Poonawalla Estate Stud & Agricultural Farm
High Court

HC: Violation of 'Audi Alteram Partem' as notice u/s 148 issued on incorrect email address

Jul 10, 2025
  • In Favour of Assessee
  • Citation Number : TS-899-HC-2025(GUJ)
  • Tax Payer : Shraddha Developers