Rulings ( 15452 results )

ITAT: Quashes assessment orders passed beyond time limit u/s 153; Holds Sec.144C inapplicable prior to AY 2010-11

  • In Favour of Assessee
  • Citation Number : TS-116-ITAT-2022(SUR)
  • Tax Payer : Bilag Industries Pvt. Ltd

HC: Allows VsV application as delay in filing appeal was condoned by ITAT; Holds CBDT Circular clarificatory

  • In Favour of Assessee
  • Citation Number : TS-111-HC-2022(RAJ)
  • Tax Payer : Rakesh Garg

HC: CBDT's extension order for settlement, constitutionally valid; Assessment initiated after ITSC abolition, ineligible

  • In Favour of Revenue
  • Citation Number : TS-117-HC-2022(CAL)
  • Tax Payer : Pradeep Kumar Naredi

ITAT: ‘Informer Expenses’ integral to IPR investigation business; Holds Sec.69C addition as far-fetched

  • In Favour of Assessee
  • Citation Number : TS-105-ITAT-2022(Mum)
  • Tax Payer : EIPR India Pvt. Ltd

HC: Directs CBDT to issue guidelines for reducing repetition of errors in reassessment proceedings

  • In Favour of Assessee
  • Citation Number : TS-112-HC-2022(BOM)
  • Tax Payer : Tata Capital Financial Services Limited

FC: Austrian Federal Tax Court warrants resident state to allow credit of taxes paid on income under attribution conflict

  • In Favour of Assessee
  • Citation Number : TS-1200-FC-2021(AST)
  • Tax Payer : Bf1

ITAT: ITAT: Autoliv's receipts under sub-contract for coordination with Ford's technical personnel, not FTS under India-US DTAA

  • In Favour of Assessee
  • Citation Number : TS-108-ITAT-2022(DEL)
  • Tax Payer : Autoliv ASP Inc

HC: Quashes Shell India’s assessment order as time-barred, not saved by TOLA & extension notifications

  • In Favour of Assessee
  • Citation Number : TS-109-HC-2022(BOM)
  • Tax Payer : Shell India Markets Pvt Ltd

ITAT: Rejects revised return based on ICAI Guidance Note since no corresponding changes made in financial statements

  • In Favour of Revenue
  • Citation Number : TS-106-ITAT-2022(Mum)
  • Tax Payer : Ecohomes Township LLP

SC: SC: Dismisses Apex Labs' appeal over freebies to Doctors; Participation in action plainly prohibited by law, precludes deduction u/s 37(1)

  • In Favour of Revenue
  • Citation Number : TS-104-SC-2022
  • Tax Payer : Apex Laboratories Pvt. Ltd

HC: Uncorroborated inquiry on inadequacy of rent insufficient to invoke deeming provision of Sec.13(2)(b)

  • In Favour of Assessee
  • Citation Number : TS-103-HC-2022(DEL)
  • Tax Payer : Hamdard National Foundation (India)

ITAT: Recalls earlier order, holds sales-tax remission to Tata Chemicals not taxable; Fertiliser subsidy eligible for Sec.80-IB deduction

  • In Favour of Assessee
  • Citation Number : TS-100-ITAT-2022(Mum)
  • Tax Payer : Tata Chemicals Limited

ITAT: ITAT: ITAT: Payment for time charter of ships made to NRs not chargeable to tax in India

  • In Favour of Assessee
  • Citation Number : TS-99-ITAT-2022(Rjt)
  • Tax Payer : Terapanth Foods Limited

ITAT: AOP of two charitable trusts running school, eligible for exemption u/s 10(23C)(vi)

  • In Favour of Assessee
  • Citation Number : TS-82-ITAT-2022(Mum)
  • Tax Payer : Sharda Mandir High school

ITAT: Deletes addition made u/s 68 as Assessee discharged onus; Sec.56(2)(viib) not invocable prior to AY 2013-14

  • In Favour of Assessee
  • Citation Number : TS-98-ITAT-2022(Mum)
  • Tax Payer : Confiance Trading Pvt. Ltd

ITAT: Mere filing of SLP or review petition does not alter settled legal position

  • In Favour of Assessee
  • Citation Number : TS-89-ITAT-2022(Mum)
  • Tax Payer : D.Y. Patil Educational Academy

ITAT: Deletes addition made by invoking dividend stripping provisions on dividend from mutual funds

  • In Favour of Assessee
  • Citation Number : TS-78-ITAT-2022(DEL)
  • Tax Payer : Jaswant Singh Uberoi

HC: Quashes reassessment notice in Nishith Desai's case, finds finality attained on same issue in another AY

  • In Favour of Assessee
  • Citation Number : TS-92-HC-2022(BOM)
  • Tax Payer : Nishith Madanlal Desai

ITAT: Share in residential property with appurtenant land described as plot in sale deed eligible for Sec.54 benefit

  • In Favour of Assessee
  • Citation Number : TS-93-ITAT-2022(DEL)
  • Tax Payer : Charu Agarwal

ITAT: Interest-free self-help contributions distributed to needy qualifies for Charitable Purpose

  • In Favour of Assessee
  • Citation Number : TS-97-ITAT-2022(Mum)
  • Tax Payer : Lohar Chawl Dawoodi