Rulings ( 15452 results )

FC: FC: Australian High Court holds Backpacker’s Tax on foreigners holding Working Holiday Visa, discriminatory; Overturns Federal Court ruling

  • In Favour of Assessee
  • Citation Number : TS-1047-FC-2021(AUS)
  • Tax Payer : Catherine Victoria Addy

HC: Rejects writ against assessment order involving FEMA violations, deposits from foreign co.; Relegates Assessee to CIT(A)

  • In Favour of Revenue
  • Citation Number : TS-1042-HC-2021(MAD)
  • Tax Payer : Greenstar Fertilizers Limited

SC: SC: Transfer petitions involving reassessment controversy, dismissed as withdrawn

  • In Favour of None/NA
  • Citation Number : TS-1041-SC-2021
  • Tax Payer : Rajinder Kumar

HC: Withholding certificate based on Group Co.'s pending reassessment over aircraft lease rentals received without TDS, unjustified

  • In Favour of Assessee
  • Citation Number : TS-1040-HC-2021(DEL)
  • Tax Payer : Celestial Aviation Trading 64 Limited

ITAT: ITAT: ITAT: Receipts from supply of Set Top Box with embedded software not taxable as royalty

  • In Favour of Assessee
  • Citation Number : TS-1039-ITAT-2021(Bang)
  • Tax Payer : Synamedia Limited

ITAT: Holds educational institute eligible for exemption u/s 11 based on registration of its parent society

  • In Favour of Assessee
  • Citation Number : TS-1037-ITAT-2021(LKW)
  • Tax Payer : Feroze Gandhi Institute of Engineering & Technology

ITAT: Deletes additions for share application money u/s 68, factually distinguishes SC ruling in NRA Iron & Steel

  • In Favour of Assessee
  • Citation Number : TS-993-ITAT-2021(RAI)
  • Tax Payer : Mahalaxmi Technocast Ltd

ITAT: Limited scrutiny assessment cannot be revised u/s 263 beyond scope of scrutiny

  • In Favour of Assessee
  • Citation Number : TS-1029-ITAT-2021(Mum)
  • Tax Payer : Antariksh Realtors Private Limited

HC: HC: Sets aside assessment order passed without considering Assessee’s reply; Directs Revenue to redo assessment

  • In Favour of Assessee
  • Citation Number : TS-1038-HC-2021(MAD)
  • Tax Payer : BASF Catalysts India Private Limited

HC: HC: SCN calling for details not akin to draft assessment order, quashes faceless order non-compliant with Sec.144B

  • In Favour of Assessee
  • Citation Number : TS-1036-HC-2021(BOM)
  • Tax Payer : ND’s Art World Private Limited

HC: Draft assessment order mandatory even for remand cases, issue no more res-integra

  • In Favour of Assessee
  • Citation Number : TS-1033-HC-2021(KAR)
  • Tax Payer : Cisco Systems Capital (India) Pvt. Ltd

FC: Australian Federal Court holds FTC allowable only to the extent of doubly-taxed income

  • In Favour of Revenue
  • Citation Number : TS-867-FC-2019(AUS)
  • Tax Payer : Craig Burton

FC: US Tax Court holds FTC under tax treaties not independent of domestic law

  • In Favour of Revenue
  • Citation Number : TS-1034-FC-2021(USA)
  • Tax Payer : Catherine S. Toulouse

ITAT: Upholds BCCI’s registration u/s 12A/12AA; Justice Lodha Committee reforms, organising IPL not dilutive of fundamental objects

  • In Favour of Assessee
  • Citation Number : TS-1035-ITAT-2021(Mum)
  • Tax Payer : Board of Control for Cricket in India

ITAT: Voluntary donations properly recorded, duly audited not taxable as ‘anonymous donations’ u/s 115BBC

  • In Favour of Assessee
  • Citation Number : TS-1031-ITAT-2021(Ind)
  • Tax Payer : Mayank Welfare Society

ITAT: Revision based on new record without allowing cross-examination to Assessee, illegal

  • In Favour of Assessee
  • Citation Number : TS-1026-ITAT-2021(RAI)
  • Tax Payer : Sun and Sun Inframetric Pvt Ltd

ITAT: Revocation of approval u/s 35(1)(ii) subsequent to donation does not attract disallowance of weighted deduction

  • In Favour of Assessee
  • Citation Number : TS-1032-ITAT-2021(Mum)
  • Tax Payer : Jayshree Kirit Shah

ITAT: Rentals from use of rhodium/platinum-based alloys, sans right to intellectual property, not taxable as Royalty

  • In Favour of Assessee
  • Citation Number : TS-1028-ITAT-2021(Mum)
  • Tax Payer : Owens Corning Inc

HC: Allows writ against assessment orders passed without considering Assessee's response to notices u/s Sec.142(1)

  • In Favour of Assessee
  • Citation Number : TS-1027-HC-2021(MAD)
  • Tax Payer : Praveen Kumar Pathi

HC: Cost of acquiring shares not covered in project cost for computing deduction u/s 35D; Follows Madras HC Ashok Leyland ruling

  • In Favour of Revenue
  • Citation Number : TS-1025-HC-2021(KAR)
  • Tax Payer : Subex Ltd