Filters

Keyword Search Authority Location Search by Name In Favour of Industry Date of Pronouncement Case Type Citation Number
close

Rulings ( 15481 results )

Filters
Income tax Appellate Tribunal

ITAT:Disallows expenditure provisioning claim, cites no corresponding revenue booked for assessee's pipeline project

  • In Favour of Revenue
  • Citation Number : TS-413-ITAT-2019(DEL)
  • Tax Payer : ONGC Videsh Ltd
Income tax Appellate Tribunal

ITAT:Denies LTCG exemption u/s. 10(38) on penny stock sale, treats it a sham-transaction

  • In Favour of Revenue
  • Citation Number : TS-412-ITAT-2019(DEL)
  • Tax Payer : Shri Sanat Kumar
Income tax Appellate Tribunal

ITAT:Sets-aside CIT(A) order, absent failure to adjudicate on 'jurisdictional grounds' raised by Taxpayer

  • In Favour of Assessee
  • Citation Number : TS-411-ITAT-2019(CHNY)
  • Tax Payer : Shri N. Karuppusamy
High Court

HC:Expanded 'income' definition to include 'subsidies', prospective; Directs exclusion from MAT pre-2015 amendment

  • In Favour of Assessee
  • Citation Number : TS-410-HC-2019(CAL)
  • Tax Payer : Ankit Metal & Power Ltd
Income tax Appellate Tribunal

ITAT:Retains final decision on business 'set-up' though rectifies other mistakes u/s. 254(2)

  • In Favour of Both, Partially
  • Citation Number : TS-409-ITAT-2019(Mum)
  • Tax Payer : Tata Lockheed Martin Aerostrutures Limited
Income tax Appellate Tribunal

ITAT:Allows Rs. 100 cr. finance cost; AO's half-baked enquires insufficient to justify 'contrived loss'

  • In Favour of Assessee
  • Citation Number : TS-408-ITAT-2019(DEL)
  • Tax Payer : Shivsagar Builders P. Ltd
Income tax Appellate Tribunal

ITAT:Quashes assessment citing draft-order passed on non-existent entity though final-order framed correctly

  • In Favour of Assessee
  • Citation Number : TS-407-ITAT-2019(Mum)
  • Tax Payer : FedEx Express Transportation and Supply Chain Services (India) Private Limited (‘FETSCS’) Federal Express India Private Limited
Income tax Appellate Tribunal

ITAT:Allows Sec.54EC benefit to taxpayer for relinquishing 'right to life interest' in property

  • In Favour of Assessee
  • Citation Number : TS-406-ITAT-2019(Bang)
  • Tax Payer : P. K. Vijayalakshmi
High Court

HC:Upholds ITAT; Allows revenue deduction for legal fees pertaining to share buy-back

  • In Favour of Assessee
  • Citation Number : TS-405-HC-2019(GUJ)
  • Tax Payer : Bayer Vapi Private Limited
High Court

HC:Rejects tax-relief plea pursuant to BIFR-scheme, absent Revenue's consent u/s.19 of SICA

  • In Favour of Revenue
  • Citation Number : TS-404-HC-2019(BOM)
  • Tax Payer : Olympia Industries Limited
Income tax Appellate Tribunal

ITAT:Quashes sec.263 order; Enhanced consideration on delayed sale-transaction, 'sale consideration' not 'interest'

  • In Favour of Assessee
  • Citation Number : TS-403-ITAT-2019(HYD)
  • Tax Payer : Sri Siva Ramakrishna Mulpuri
High Court

HC:Amended Benami Act, 2016 cannot be applied 'retrospectively' owing to stringent 'penal consequences'

  • In Favour of Assessee
  • Citation Number : TS-402-HC-2019(RAJ)
  • Tax Payer : Niharika Jain & ORS
High Court

HC: NR's revision petition u/s. 264 seeking tax refund by invoking MFN clause, maintainable

  • In Favour of Assessee
  • Citation Number : TS-401-HC-2019(DEL)
  • Tax Payer : Epcos Electronic Components S.A
High Court

HC:Allows expenses claim; Ousts ITAT's jurisdiction in holding Daimler's business wasn't set-up

  • In Favour of Assessee
  • Citation Number : TS-400-HC-2019(MAD)
  • Tax Payer : Daimler India Commercial Vehicles (P) Ltd
High Court

HC: HC:Quashes prosecution initiation; Failure to pay self-assessment tax alongwith returns, not 'offence'

  • In Favour of Assessee
  • Citation Number : TS-399-HC-2019(KAR)
  • Tax Payer : Vyalikaval House Building Co Operative Society Ltd
Income tax Appellate Tribunal

ITAT:US company's cloud hosting fees from Indian customers, not royalty under DTAA

  • In Favour of Assessee
  • Citation Number : TS-398-ITAT-2019(Mum)
  • Tax Payer : Rackspace US Inc
Supreme Court

SC:Reverses HC ; Subscriptions received by NBFC under investment schemes, not taxable

  • In Favour of Assessee
  • Citation Number : TS-397-SC-2019
  • Tax Payer : The Peerless Gen.Fin And Investment Company Limited
District Court

DC: Upholds prosecution for TDS deposit delay; Company's Director sentenced to 3 months imprisonment

  • In Favour of Revenue
  • Citation Number : TS-851-DC-2019(Mum)
  • Tax Payer : Twinkle Enviro­tech Pvt Ltd
Supreme Court

SC:Dismisses SLP challenging 'Explanation 5A to Sec.271(1)(c)' in-applicability to 'other than searched person'

  • In Favour of Assessee
  • Citation Number : TS-396-SC-2019
  • Tax Payer : Rajkumar Gulab Badgujar
Income tax Appellate Tribunal

ITAT:Rejects Revenue's allegation of profits diversion using tax haven in Sun Pharma's case

  • In Favour of Assessee
  • Citation Number : TS-395-ITAT-2019(Ahd)
  • Tax Payer : Sun Pharmaceuticals Industries Ltd