Rulings ( 12931 results )

ITAT: Deletes Sec. 69A addition, cash deposits during demonetisation, accepts Assessee’s explanation of medical emergency

  • In Favour of Assessee
  • Citation Number : TS-98-ITAT-2025(Ahd)
  • Tax Payer : Bhanumati Michael Scribe

HC: Assessment u/s143(3) completed in name of non-existing entities void ab initio

  • In Favour of Assessee
  • Citation Number : TS-108-HC-2025(BOM)
  • Tax Payer : Reliance Industries Limited

ITAT: Deletes stock discrepancy addition, on director’s statement recorded during survey sans evidentiary value

  • In Favour of Assessee
  • Citation Number : TS-109-ITAT-2025(CHNY)
  • Tax Payer : Ramakrishna Poultry P. Ltd.

ITAT: Quashes CIT(A) order to recompute TDS sans enforceable AO order; Appeal infructuous, HC quashed Sec. 201 order

  • In Favour of Assessee
  • Citation Number : TS-104-ITAT-2025(DEL)
  • Tax Payer : Emaar India Limited

HC: Upholds validity of reassessment proceedings, sufficient material existed for Revenue to justify re-opening of assessment

  • In Favour of Assessee
  • Citation Number : TS-107-HC-2025(DEL)
  • Tax Payer : New Delhi Television Ltd

ITAT: Taxes paid in foreign jurisdiction on foreign income not allowable as deduction u/s 37(1)

  • In Favour of Revenue
  • Citation Number : TS-105-ITAT-2025(CHNY)
  • Tax Payer : Zoho Corporation Private Limited

SC: Expression ‘found in the course of search’ includes documents from third party investigation; Interprets Sec.271AAA(1) penalty

  • In Favour of Both, Partially
  • Citation Number : TS-103-SC-2025
  • Tax Payer : K. Krishnamurthy

HC: Quashes assessment on non-searched entity sans separate satisfactory note by AO on searched person

  • In Favour of Assessee
  • Citation Number : TS-102-HC-2025(MAD)
  • Tax Payer : SRM Systems and Software Pvt Ltd

ITAT: Eligible for benefit u/s 115BAA for subsequent years, cannot deny benefit on belated filing of Form 10-IC

  • In Favour of Assessee
  • Citation Number : TS-101-ITAT-2025(HYD)
  • Tax Payer : Sandor Medicaids Private Limited

HC: Delhi HC lacks jurisdiction, original assessment order passed by AO in Amritsar & not Delhi

  • In Favour of Assessee
  • Citation Number : TS-100-HC-2025(DEL)
  • Tax Payer : Chemester Food Industries Pvt. Ltd

ITAT: Deletes addition u/s 68, nature & source of SBNs provided along with relevant evidences

  • In Favour of Assessee
  • Citation Number : TS-99-ITAT-2025(CHNY)
  • Tax Payer : Ayyan Fire Works-Factory Pvt. Ltd

ITAT: Offer to pay tax on additional amount does not tantamount to discovery of undisclosed income; Deletes penalty

  • In Favour of Assessee
  • Citation Number : TS-97-ITAT-2025(CHNY)
  • Tax Payer : Future Gaming and Hotel Services Private Limited

ITAT: Section 2(22)(e) inapplicable, transactions undertaken ‘regularly’ & ‘consistently’, for commercial expediency

  • In Favour of Assessee
  • Citation Number : TS-95-ITAT-2025(Kol)
  • Tax Payer : Merino Industries Ltd

ITAT: Sec.69A addition qua cash deposit on Revenue’s mere disbelief of explanation offered, not sustainable

  • In Favour of Assessee
  • Citation Number : TS-62-ITAT-2025(PUN)
  • Tax Payer : Nathmal Rupchand Jain

ITAT: Upholds validity of reassessment, sans filing of ROI; Partially deletes unaccounted cash deposits

  • In Favour of Assessee
  • Citation Number : TS-93-ITAT-2025(PUN)
  • Tax Payer : Rehana Abdul Wahab Sain

ITAT: TDS liability on year-end provision accrues only for ascertained liability

  • In Favour of Assessee
  • Citation Number : TS-71-ITAT-2025(CHNY)
  • Tax Payer : Cognizant Technology Solutions India Private Limited

HC: Validates CBDT Notification limiting Sec. 80IB(10) benefit for slum redevelopment project; Denies Sec. 80IB(10) benefit

  • In Favour of Revenue
  • Citation Number : TS-70-HC-2025(BOM)
  • Tax Payer : Kiran Harsukhlal Hemani

HC: Quashes reassessment proceedings being time barred, follows SC judgments in Ashish Agarwal & Rajiv Bansal

  • In Favour of Assessee
  • Citation Number : TS-90-HC-2025(DEL)
  • Tax Payer : Ram Balram Buildhome Pvt. Ltd

SC: Compounding of offences allowable in deserving cases, voluntary disclosure covered under 'first offence'; Allows Assessee's SLP

  • In Favour of Assessee
  • Citation Number : TS-94-SC-2025
  • Tax Payer : Vinubhai Mohanlal Dobaria

ITAT: SB allows expenses allocated to Indian PE, u/Article7(3) of India-UAE DTAA, restrictions u/s 44C not applicable

  • In Favour of Assessee
  • Citation Number : TS-92-ITAT-2025(Mum)
  • Tax Payer : Mashreq Bank PSC