Rulings ( 15488 results )

ITAT:Deletes over Rs. 1500 cr. capital gains addition regarding Telenor India's telecom license-fee set-off

  • In Favour of Assessee
  • Citation Number : TS-693-ITAT-2018(DEL)
  • Tax Payer : Telenor (India) Communications Pvt. Ltd

ITAT:'Strengthening' of existing road not 'widening'; Denies relief u/s 80IA(4) for highway project

  • In Favour of Revenue
  • Citation Number : TS-692-ITAT-2018(Bang)
  • Tax Payer : GMR Tambaram Tindivanam Expressways Ltd

ITAT:Allows ICC sponsorship fees; Benefit to group companies irrelevant for Sec. 37(1) deduction

  • In Favour of Both, Partially
  • Citation Number : TS-691-ITAT-2018(DEL)
  • Tax Payer : PepsiCo India Holdings Pvt Ltd

HC:Co-op. credit society's sale under Government's Public Distribution System qualifies for Sec. 80P benefit

  • In Favour of Assessee
  • Citation Number : TS-690-HC-2018(MAD)
  • Tax Payer : AA 713 the Kodumudi Growers Cooperative Bank Ltd

ITAT: Only markup under manpower supply agreement subject to TDS, not salary reimbursement

  • In Favour of Assessee
  • Citation Number : TS-689-ITAT-2018(DEL)
  • Tax Payer : DLF Projects Ltd

ITAT: Grants exemption to international school; No requirement u/s 10(22) for audit, income application

  • In Favour of Assessee
  • Citation Number : TS-688-ITAT-2018(Mum)
  • Tax Payer : The American School of Bombay Education Trust

ITAT:Allows Sun TV Network's bad-debts claim relating irrecoverable 'subscription-fees'

  • In Favour of Assessee
  • Citation Number : TS-687-ITAT-2018(CHNY)
  • Tax Payer : Sun TV Network Limited

HC:Upholds grossing-up for TDS purpose under India- UK DTAA

  • In Favour of Revenue
  • Citation Number : TS-686-HC-2018(MAD)
  • Tax Payer : Sundaram Clayton Limited

ITAT:Purchase of music rights - revenue expense absent recurring benefit in future

  • In Favour of Assessee
  • Citation Number : TS-685-ITAT-2018(CHNY)
  • Tax Payer : SPI Music Pvt. Ltd

ITAT:No taxable 'capital-gain' arises upon conversion of company into LLP at 'book-value'

  • In Favour of Both, Partially
  • Citation Number : TS-684-ITAT-2018(Mum)
  • Tax Payer : Celerity Power LLP

HC:After Madras & Karnataka High Courts, Bombay HC allows 50 additional depreciation in succeeding year

  • In Favour of Assessee
  • Citation Number : TS-683-HC-2018(BOM)
  • Tax Payer : Godrej Industries Ltd

HC:Upholds ITAT, exemption u/s 10(23C)(iiiab) is qua society, not qua individual institution

  • In Favour of Assessee
  • Citation Number : TS-682-HC-2018(BOM)
  • Tax Payer : Deccan Education Society

ITAT: Confirms addition u/s. 69A for cash found in locker; Grants partial relief for past savings

  • In Favour of Both, Partially
  • Citation Number : TS-681-ITAT-2018(DEL)
  • Tax Payer : Smt. Rupinder Dhanoa Sidhu

HC:Cheminvest, Holcim rulings not overruled by Maxopp (SC); No Sec 14A disallowance absent exempt income

  • In Favour of Assessee
  • Citation Number : TS-680-HC-2018(DEL)
  • Tax Payer : Mcdonald's India Pvt. Ltd

ITAT:Deletes unexplained investment addition on larger HUF partitioned into smaller HUFs, Sec. 171 inapplicable

  • In Favour of Assessee
  • Citation Number : TS-679-ITAT-2018(Bang)
  • Tax Payer : Mr. E. Ramesh Upadhyay, HUF

HC:Reverses ITAT; Treats loss on sale of mutual funds as 'revenue' loss

  • In Favour of Assessee
  • Citation Number : TS-678-HC-2018(MAD)
  • Tax Payer : Calibre Financial Services Limited

SC:Dismisses assessee's SLP against re-assessment upheld despite improper service of notice

  • In Favour of Revenue
  • Citation Number : TS-677-SC-2018
  • Tax Payer : Sudev Industries Ltd

ITAT:No TDS obligation on royalty towards 'bundled software' until license key activation

  • In Favour of Assessee
  • Citation Number : TS-676-ITAT-2018(Ahd)
  • Tax Payer : Sophos Technologies Private Limited

SC:Dismisses SLP against HC holding recovery u/s 226(3) from assessee-debtor as arbitrary

  • In Favour of Assessee
  • Citation Number : TS-675-SC-2018
  • Tax Payer : Sainik Food Pvt. Ltd. & Ors

ITAT:Transponder fee for program- transmission not 'royalty' ; Relies on G. E. Technology case (SC)

  • In Favour of Assessee
  • Citation Number : TS-674-ITAT-2018(Mum)
  • Tax Payer : Zee Entertainment Enterprises Ltd