Rulings ( 15452 results )

ITAT: Grants Maruti Suzuki stay on demand, early hearing subject to deposit of Rs.25 Cr.

  • In Favour of Assessee
  • Citation Number : TS-560-ITAT-2021(DEL)
  • Tax Payer : Maruti Suzuki India Ltd

FC: Spanish Supreme Court holds accessing source state's market by the parent entity triggers Agency PE

  • In Favour of Revenue
  • Citation Number : TS-957-FC-2012(SPN)
  • Tax Payer : DSM Nutritional Products Europe Ltd

FC: Spanish Supreme Court holds business Restructuring without substantial changes triggers Fixed Place PE

  • In Favour of Revenue
  • Citation Number : TS-892-FC-2014(SPN)
  • Tax Payer : Borax Europe Limited

HC: Quashes assessment order in light of timeline extensions notified for DRP/assessment proceedings

  • In Favour of Assessee
  • Citation Number : TS-559-HC-2021(DEL)
  • Tax Payer : SRF Ltd

ITAT: Onus of proving non-payment of tax by payee on AO for invoking Sec.201

  • In Favour of Assessee
  • Citation Number : TS-557-ITAT-2021(Kol)
  • Tax Payer : Special Land Acquisition Officer

ITAT: Rent offered to tax in earlier years, but unrealized, eligible for deduction u/s 23

  • In Favour of Assessee
  • Citation Number : TS-556-ITAT-2021(DEL)
  • Tax Payer : V3S Infratech Ltd

HC: Advance to MD providing collateral, personal guarantee for company's loan not taxable u/s 2(22)(e)

  • In Favour of Assessee
  • Citation Number : TS-553-HC-2021(KAR)
  • Tax Payer : N.S. Narendra

ITAT: Allows interest on borrowing for trial run period as revenue expenditure

  • In Favour of Assessee
  • Citation Number : TS-552-ITAT-2021(DEL)
  • Tax Payer : Nilkanth Concast Pvt. Ltd

ITAT: Fee u/s 234E not imposable for delay prior to 2015 amendment in Sec.200A(1)(c)

  • In Favour of Assessee
  • Citation Number : TS-545-ITAT-2021(DEL)
  • Tax Payer : Raj Veer Singh

ITAT: Corrigendum submitted before CIT(A) forms part of valuation report for taxability u/s 56(2)(viib)

  • In Favour of Assessee
  • Citation Number : TS-546-ITAT-2021(Bang)
  • Tax Payer : I Brands Beverages Pvt. Ltd

HC: Sets aside revocation of Form 3 under VsV on violation of natural justice

  • In Favour of Assessee
  • Citation Number : TS-544-HC-2021(BOM)
  • Tax Payer : Mahendra Corporation

ITAT: Sec.50C being inapplicable, AO not empowered to substitute agreed consideration by FMV

  • In Favour of Assessee
  • Citation Number : TS-540-ITAT-2021(PUN)
  • Tax Payer : Amit Vishnu Pashankar

ITAT: Denies TDS credit, corresponding income not offered to tax; Allows Revenue’s appeal

  • In Favour of Revenue
  • Citation Number : TS-539-ITAT-2021(Bang)
  • Tax Payer : Sasken Network Engineering Limited

HC: Sets aside assessment order, no draft order/SCN issued u/s 144B

  • In Favour of Assessee
  • Citation Number : TS-538-HC-2021(DEL)
  • Tax Payer : Anju Jalaj Batra

HC: Narrow response-time for SCN, dysfunctional e-filing portal sufficient for invalidating assessment order

  • In Favour of Assessee
  • Citation Number : TS-536-HC-2021(DEL)
  • Tax Payer : One Mobikwik Systems Private Limited

ITAT: ITAT: Rules out royalty on software-sale, FTS on back-office services; Follows Engineering Analysis, Sandvik rulings

  • In Favour of Assessee
  • Citation Number : TS-537-ITAT-2021(Bang)
  • Tax Payer : QlikTech International AB

ITAT: Uncorroborated conclusion on tax-evasion, based merely on client code modifications, not tenable

  • In Favour of Assessee
  • Citation Number : TS-535-ITAT-2021(Ahd)
  • Tax Payer : Kaizen Stock Trade Pvt. Ltd

ITAT: Holds temporary funding from sister-concern for paying common supplier not deemed dividend

  • In Favour of Assessee
  • Citation Number : TS-534-ITAT-2021(Ahd)
  • Tax Payer : Krishna Coil Cutters Pvt. Ltd

HC: Post Mar 31, assessment order mandatory u/s 144B

  • In Favour of Assessee
  • Citation Number : TS-530-HC-2021(DEL)
  • Tax Payer : Radha Govind Simiti

ITAT: Grants LG stay, early hearing subject to deposit of Rs.6 Cr.

  • In Favour of Assessee
  • Citation Number : TS-528-ITAT-2021(DEL)
  • Tax Payer : LG Electronics India Pvt. Ltd.