Rulings ( 15468 results )

ITAT:Upholds royalty taxation for software payments, cites 2019 jurisdictional HC-ruling; Departs from co-ordinate bench

  • In Favour of Revenue
  • Citation Number : TS-795-ITAT-2019(CHNY)
  • Tax Payer : Saipem India Projects Pvt. Ltd

ITAT:Deletes Sec 28(iv) addition on Unitech SPVs' share investments; Telenor's subsequent acquisition at premium irrelevant

  • In Favour of Assessee
  • Citation Number : TS-794-ITAT-2019(DEL)
  • Tax Payer : Simpson Unitech Wireless (P) Ltd & Shri Sanjay Chandra

SC:Mere SLP dismissal doesn't constitute declaration of law if order non-speaking

  • In Favour of Assessee
  • Citation Number : TS-793-SC-2019
  • Tax Payer : P. Singaravelan & Ors. Etc. Etc

SC:Declines to condone Delhi University's 900 days appeal-filing delay, rejects 'public interest' plea

  • In Favour of Revenue
  • Citation Number : TS-792-SC-2019
  • Tax Payer : University of Delhi

SC:Allows interest u/s.244A on TDS refund; Follows Tata Chemicals case

  • In Favour of Assessee
  • Citation Number : TS-791-SC-2019
  • Tax Payer : Universal Cables Ltd

ITAT:Rejects FMV substitution on share-sale pre- AY 2018-19; Sec.50CA applicable prospectively

  • In Favour of Assessee
  • Citation Number : TS-790-ITAT-2019(Ahd)
  • Tax Payer : Shreno Limited

SC:Dismisses assessee's SLP; HC had dismissed writ challenging non-supply of information from AO

  • In Favour of Revenue
  • Citation Number : TS-789-SC-2019
  • Tax Payer : Aditi Infrabuild And Services Ltd

HC: Dismisses assessee's writ-appeal; Holds interim order lacking element of finality as non-appealable

  • In Favour of Revenue
  • Citation Number : TS-788-HC-2019(CHAT)
  • Tax Payer : Shri Amolak Singh Bhatia

HC:Allows re-opening invoking extended timeline u/s. 150 based on ITAT's earlier year's findings

  • In Favour of Revenue
  • Citation Number : TS-787-HC-2019(DEL)
  • Tax Payer : Intec Corporation

ITAT:Sets-aside CIT(A) order dismissing assessee's appeal for non-prosecution without considering grounds raised on merits

  • In Favour of Assessee
  • Citation Number : TS-786-ITAT-2019(CHNY)
  • Tax Payer : ETA Star Tech City Pvt. Ltd

SC: Allows revised return filed beyond Sec. 139(5) timeline, pursuant to NCLT approved amalgamation scheme

  • In Favour of Assessee
  • Citation Number : TS-785-SC-2019
  • Tax Payer : Dalmia Power Limited & Anr

ITAT:Rejects CIT's capital loss” treatment for 'entire' abandoned advertisement campaign expenditure incurred by L'Oreal

  • In Favour of Both, Partially
  • Citation Number : TS-784-ITAT-2019(Mum)
  • Tax Payer : L’oreal India Pvt. Ltd

ITAT: Settlement Deed with RCom not sham; Allows bad debts claim

  • In Favour of Assessee
  • Citation Number : TS-783-ITAT-2019(Mum)
  • Tax Payer : Alcatel Lucent Managed Solutions India

ITAT:No penalty shall be levied u/s 272A(2)(k) for belated filing of TDS returns on or after 1st day of July, 2012

  • In Favour of Assessee
  • Citation Number : TS-782-ITAT-2019(Mum)
  • Tax Payer : Blue Star Construction Co

ITAT: Rejects DRP's 'indirect remand' to AO for disallowing AMP-expenses u/s 37(1)

  • In Favour of Assessee
  • Citation Number : TS-781-ITAT-2019(DEL)
  • Tax Payer : Moet Hennessy (I) Pvt Ltd

HC:Denies agricultural credit societies' TDS exemption claim u/s. 194A(3)(iii)(a); Deposits from members doesn't constitute 'banking business'

  • In Favour of Assessee
  • Citation Number : TS-780-HC-2019(KER)
  • Tax Payer : The Chirayinkeezhu Service Co-Operative Bank Limited

ITAT: 'Online' TDS payment date, not remittance date as per 'OLTAS', relevant for interest levy u/s 201(1A)

  • In Favour of Assessee
  • Citation Number : TS-779-ITAT-2019(Bang)
  • Tax Payer : Moody’s Analytics Knowledge Services (India) Private Limited

HC:Dismisses Revenue's writ challenging ITAT's additional ground admission on DTAA-rate applicability for DDT

  • In Favour of Assessee
  • Citation Number : TS-778-HC-2019(DEL)
  • Tax Payer : Maruti Suzuki India Ltd

ITAT:Quashes Sec.263-order; Sec.40A(2)(b) amounts mismatch doesn't warrant TPO-reference absent Instruction.3/2016 conditions fulfillment

  • In Favour of Assessee
  • Citation Number : TS-777-ITAT-2019(Kol)
  • Tax Payer : Eveready Industries India Ltd

ITAT:Allows Sec.54 benefit against LTCG arising on sale of rights of 'under-construction' property

  • In Favour of Assessee
  • Citation Number : TS-776-ITAT-2019(CHNY)
  • Tax Payer : Shri Narayan Agarwal