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Rulings ( 12919 results )
High Court
HC: Allows belated return filing for claiming refund; Directs fresh denovo order condoning delay
Mar 28, 2025
- In Favour of Assessee
- Citation Number : TS-276-HC-2025(GUJ)
- Tax Payer : Yogesh Rasiklal Chandrani
High Court
HC: Contributions to gratuity fund taxable u/s 40A(7)(b) instead of comparatively general provision u/s 43B
Mar 28, 2025
- In Favour of Assessee
- Citation Number : TS-296-HC-2025(MAD)
- Tax Payer : Sanmar Speciality Chemicals Limited
High Court
HC: Reopening based on SEBI's order but AO didnot consider SEBI's / SAT's findings; Reassessment unsustainable
Mar 28, 2025
- In Favour of Assessee
- Citation Number : TS-297-HC-2025(DEL)
- Tax Payer : Gyan Marketing Associates Pvt. Ltd
High Court
HC: Quashes reassessment proceedings having initiated after approval of resolution plan by NCLT under IBC
Mar 28, 2025
- In Favour of Assessee
- Citation Number : TS-278-HC-2025(CAL)
- Tax Payer : SREI Equipment Finance Limited
Income tax Appellate Tribunal
ITAT: Debt-driven asset transfer not demerger u/s 2(19AA), allows capital loss on transfer of land & investment
Mar 28, 2025
- In Favour of Both, Partially
- Citation Number : TS-295-ITAT-2025(DEL)
- Tax Payer : SIEL Limited
Income tax Appellate Tribunal
ITAT: MD remuneration compliant with Companies Act, no adverse action by MCA; Allows deduction u/s 37(1)
Mar 28, 2025
- In Favour of Assessee
- Citation Number : TS-294-ITAT-2025(Mum)
- Tax Payer : Piramal Fund Management Private Limited
High Court
HC: Cautions Revenue on AI generated orders, against sacrificing “fairness” at altar of automation expediency
Mar 28, 2025
- In Favour of Assessee
- Citation Number : TS-290-HC-2025(BOM)
- Tax Payer : TPL – HGIEPL Joint Venture
Income tax Appellate Tribunal
ITAT: Delivery order charges deemed 'directly connected' to air cargo, exempt under Art. 8 of India-Turkey DTAA
Mar 28, 2025
- In Favour of Assessee
- Citation Number : TS-289-ITAT-2025(DEL)
- Tax Payer : Turkish Airlines Inc.
Income tax Appellate Tribunal
ITAT: Deletes Rule 3(7)(i) addition for notional interest on interest-free loan sans employer-employee relationship
Mar 27, 2025
- In Favour of Assessee
- Citation Number : TS-275-ITAT-2025(Mum)
- Tax Payer : Vipin Kumar Jain
Income tax Appellate Tribunal
ITAT: Revision invalid when alleged cash-deposit enquired in assessment & no error pointed by CIT
Mar 27, 2025
- In Favour of Assessee
- Citation Number : TS-257-ITAT-2025(Mum)
- Tax Payer : Shashank Sunilendu Roy
Income tax Appellate Tribunal
ITAT: GST shouldn’t be included while computing total receipts u/s 44BB
Mar 27, 2025
- In Favour of Assessee
- Citation Number : TS-288-ITAT-2025(Mum)
- Tax Payer : Oceaneering International GmbH
High Court
HC: Adverting to old methods contradict legislative intent; Quashes reassessment for not adhering to Sec.151A
Mar 27, 2025
- In Favour of Assessee
- Citation Number : TS-287-HC-2025(RAJ)
- Tax Payer : Sharda Devi Chhajer
High Court
HC: Assessee can't keep on raising objections, delay in approaching Court fatal; Declines relief
Mar 27, 2025
- In Favour of Revenue
- Citation Number : TS-281-HC-2025(BOM)
- Tax Payer : Tomorrow Techonologies Global Innovation Ltd
High Court
HC: Can't approach Court at fag end of assessment process, having made factual submissions
Mar 27, 2025
- In Favour of Revenue
- Citation Number : TS-280-HC-2025(BOM)
- Tax Payer : Sarita Venkat Anthati
High Court
HC: Assessee precluded from seeking stay on assessment proceedings, having participated in re-assessment proceedings
Mar 27, 2025
- In Favour of Revenue
- Citation Number : TS-286-HC-2025(BOM)
- Tax Payer : Zurich Kotak General Insurance Company (India) Limited
High Court
HC: Dismisses writ for 'abuse of judicial process', non-disclosure of correct facts & bypassing statutory remedy
Mar 27, 2025
- In Favour of Revenue
- Citation Number : TS-285-HC-2025(BOM)
- Tax Payer : Patil Ranajagjitsingh Padmasinha (HUF)
High Court
HC: Declines interim relief citing late circulation of petition, approaching re-assessment timeline
Mar 27, 2025
- In Favour of Revenue
- Citation Number : TS-284-HC-2025(BOM)
- Tax Payer : PAN India Network Infra vest Ltd
High Court
HC: Declines interference with re-assessment order noting availability of alternate remedy
Mar 27, 2025
- In Favour of Both, Partially
- Citation Number : TS-283-HC-2025(BOM)
- Tax Payer : Milan Sudhir Shah
High Court
HC: Declines relief observing 11 month gap between notice & petition filing
Mar 27, 2025
- In Favour of Revenue
- Citation Number : TS-282-HC-2025(BOM)
- Tax Payer : Bharti Axa Life Insurance Company Ltd
Income tax Appellate Tribunal
ITAT: Upholds Sec. 221(1) penalty, prior tax payment no reason for quashing remaining penalty
Mar 27, 2025
- In Favour of Revenue
- Citation Number : TS-277-ITAT-2025(Mum)
- Tax Payer : Amrrut Shavjjibhai Gada