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Rulings ( 13253 results )
Income tax Appellate Tribunal
ITAT: Summary dismissal of appeal for want of prosecution unjustified, CIT(A) to adjudicate on merits
May 19, 2025
- In Favour of Assessee
- Citation Number : TS-605-ITAT-2025(HYD)
- Tax Payer : Power Mech Infra Private Limited
High Court
HC: No substantial question of law in dispute over bank debts’ genuineness; Confirms addition
May 19, 2025
- In Favour of Assessee
- Citation Number : TS-604-HC-2025(DEL)
- Tax Payer : Harsha Associates Private Limited
Income tax Appellate Tribunal
ITAT: Limited scrutiny scope restricted to issues flagged; AO to seek approval of PCIT/CIT for expansion
May 19, 2025
- In Favour of Assessee
- Citation Number : TS-603-ITAT-2025(Bang)
- Tax Payer : Anantula Vijay Mohan
High Court
HC: Allows assessee's writ challenging rejection of DTVSV application citing loss carry forward issue
May 17, 2025
- In Favour of Assessee
- Citation Number : TS-602-HC-2025(DEL)
- Tax Payer : IE VENTURE FUND
High Court
HC: Rejects Revenue's 'accommodation entry' allegation, relieves assessee from unending assessment merry-go-round
May 17, 2025
- In Favour of Assessee
- Citation Number : TS-601-HC-2025(DEL)
- Tax Payer : GARG ACRYLIC LTD
Income tax Appellate Tribunal
ITAT: Reassessment order passed by non-jurisdictional AO sans transfer order u/s 127 invalid
May 17, 2025
- In Favour of Assessee
- Citation Number : TS-559-ITAT-2025(DEL)
- Tax Payer : Navita Gupta
High Court
HC: Quashes reassessment proceedings for AY 2013-14, being time barred; Follows Ram Balram
May 17, 2025
- In Favour of Assessee
- Citation Number : TS-597-HC-2025(DEL)
- Tax Payer : ADM Agro Industries Latur And Vizag Private Limited
Income tax Appellate Tribunal
ITAT: CIT(A)’s income enhancement powers limited to issues considered by AO in original assessment
May 17, 2025
- In Favour of Assessee
- Citation Number : TS-596-ITAT-2025(DEL)
- Tax Payer : Toshiba Water Solutions Pvt. Ltd
High Court
HC: Directs de novo assessment due to inoperative VC link as Assessee’s request for personal hearing ignored
May 17, 2025
- In Favour of Assessee
- Citation Number : TS-598-HC-2025(BOM)
- Tax Payer : Enigmatic Smile Rewards Pvt Ltd
High Court
HC: Restores matter for non-compliance with HC directions, failing which Revenue risks contempt proceedings
May 17, 2025
- In Favour of Assessee
- Citation Number : TS-600-HC-2025(GUJ)
- Tax Payer : Maa Padmavati Exports
High Court
HC: Quashes Sec. 148A(d) order bereft of reasons & mechanical rejection of Assessee’s objections
May 17, 2025
- In Favour of Assessee
- Citation Number : TS-599-HC-2025(HP)
- Tax Payer : Neena Singh Thakur
Supreme Court
SC: Dismisses assessee's SLP assailing unexplained demonetisation cash deposits addition
May 16, 2025
- In Favour of Revenue
- Citation Number : TS-595-SC-2025
- Tax Payer : Pankaj Gupta
High Court
HC: Emphasizes novation principle as amended Swiss treaty bars Revenue's old info request, assessment time-barred
May 16, 2025
- In Favour of Assessee
- Citation Number : TS-592-HC-2025(DEL)
- Tax Payer : Sneh Lata Sawhney
Income tax Appellate Tribunal
ITAT: Onus to prove excessive & unreasonable pay to specified member on AO to invoke Sec. 13(1)(c)
May 16, 2025
- In Favour of Assessee
- Citation Number : TS-590-ITAT-2025(DEL)
- Tax Payer : Pardada Pardadi Educational Society
Income tax Appellate Tribunal
ITAT: Tolerance band u/s 43CA applies retrospectively; Deletes addition as consideration within tolerance limit
May 16, 2025
- In Favour of Assessee
- Citation Number : TS-589-ITAT-2025(Mum)
- Tax Payer : Gaurav Investments
Income tax Appellate Tribunal
ITAT: Affirms additions u/s 68 citing Assessee’s failure to establish creditworthiness of share applicant
May 15, 2025
- In Favour of Revenue
- Citation Number : TS-585-ITAT-2025(DEL)
- Tax Payer : Choudhary Earthmovers (P) Ltd
Income tax Appellate Tribunal
ITAT: Income discovered during survey but later declared in ROI, not unexplained investment, Sec.115BBE inapplicable
May 15, 2025
- In Favour of Assessee
- Citation Number : TS-588-ITAT-2025(PUN)
- Tax Payer : Lucky Furniture
Income tax Appellate Tribunal
ITAT: Unsecured loan repaid via banking channel & onus cast stands discharged, deletes additions
May 15, 2025
- In Favour of Assessee
- Citation Number : TS-578-ITAT-2025(DEL)
- Tax Payer : Saroj Rani
Income tax Appellate Tribunal
ITAT: Cancellation of registration for ‘specified violations’ u/s12AB(4) not retrospective
May 15, 2025
- In Favour of Assessee
- Citation Number : TS-579-ITAT-2025(DEL)
- Tax Payer : Human Welfare Foundation
Income tax Appellate Tribunal
ITAT: Allows compensation provision towards delayed construction being ascertained liability & certified by auditors
May 15, 2025
- In Favour of Assessee
- Citation Number : TS-587-ITAT-2025(DEL)
- Tax Payer : R.D. Varma and Co. Pvt Ltd