Rulings ( 15488 results )

HC:Gives 'second-chance' to compound offense; Compounding fees prevalent while filing application relevant

  • In Favour of Revenue
  • Citation Number : TS-372-HC-2018(AP)
  • Tax Payer : Sagar Asia Pvt. Ltd

ITAT:Payer not absolved from interest u/s. 201(1A) though payee's losses extinguish primary TDS liability

  • In Favour of Revenue
  • Citation Number : TS-371-ITAT-2018(Bang)
  • Tax Payer : Power and Control Systems.

ITAT:Consideration for retiring as mutual fund AMC taxable; B. C. Srinivasa Shetty ratio inapplicable

  • In Favour of Assessee
  • Citation Number : TS-370-ITAT-2018(DEL)
  • Tax Payer : SGE Advisors (India) Pvt. Ltd.

HC:Allows petitioner's return uploading without Aadhaar upto June 30th considering PAN-Aadhaar linking extension

  • In Favour of Assessee
  • Citation Number : TS-369-HC-2018(BOM)
  • Tax Payer : Hussain Indorewala and Ors.

HC:Quashes ITSC's abatement order, SC's Prabhu Dayal ruling cannot affect assessee's rights

  • In Favour of Assessee
  • Citation Number : TS-368-HC-2018(GUJ)
  • Tax Payer : M. Kantilal and Exports

HC:Rs. 655 cr refund 'release' for Vodafone, assuages Dept's Idea merger concerns via bank guarantee

  • In Favour of Assessee
  • Citation Number : TS-367-HC-2018(DEL)
  • Tax Payer : Vodafone Mobile Services Ltd.

SC: NOIDA, a corporation established 'by' the Act; Upholds Sec. 194A TDS-exemption on bank interest

  • In Favour of Assessee
  • Citation Number : TS-365-SC-2018
  • Tax Payer : Canara Bank

HC:Quashes TP-reassessment notice citing failure to mention income escapement exceeds Rs.1 lakh

  • In Favour of Assessee
  • Citation Number : TS-364-HC-2018(KAR)
  • Tax Payer : Novo Nordik India P Ltd.

ITAT:Promoter Co's investment activities not 'business'; Disallows GVK's Rs 164 cr interest deduction u/s 36(1)(iii)

  • In Favour of Both, Partially
  • Citation Number : TS-363-ITAT-2018(HYD)
  • Tax Payer : GVK Airport Developers Limited.

HC: Denies deduction for acquiring film distribution rights absent revenue realization on exhibitions

  • In Favour of Revenue
  • Citation Number : TS-362-HC-2018(KER)
  • Tax Payer : Malayala Manorama Co.Ltd.

ITAT:Revenue's non-filing counter-affidavit, 'sufficient cause' for condoning taxpayer's over 2000 days delay

  • In Favour of Assessee
  • Citation Number : TS-361-ITAT-2018(COCH)
  • Tax Payer : Midas Polymer Compounds Pvt. Ltd.

ITAT:Affiliation fee payment to US-company, not royalty absent transfer of technology

  • In Favour of Assessee
  • Citation Number : TS-359-ITAT-2018(HYD)
  • Tax Payer : Customer Lab Solutions Pvt. Ltd.

ITAT:Sale of hardware alongwith embedded software, not royalty; Installation/ support services, not FTS

  • In Favour of Assessee
  • Citation Number : TS-358-ITAT-2018(DEL)
  • Tax Payer : Ciena India Private Limited

HC:Quashes order of attachment passed in name of assessee's deceased son

  • In Favour of Assessee
  • Citation Number : TS-357-HC-2018(MAD)
  • Tax Payer : S Rathinam

ITAT:Reverses CIT(A) order, confirms concealment penalty for mala fide agricultural income claim

  • In Favour of Revenue
  • Citation Number : TS-356-ITAT-2018(DEL)
  • Tax Payer : PHI Seeds Private Limited

HC:Follows 'real-income' theory for valuing Bank's closing stock of securities

  • In Favour of Assessee
  • Citation Number : TS-355-HC-2018(CAL)
  • Tax Payer : United Bank of India

ITAT:No Sec. 195 TDS on air-freight paid by Logistic co. on Indian clients' behalf

  • In Favour of Assessee
  • Citation Number : TS-354-ITAT-2018(DEL)
  • Tax Payer : KGL Network (P) Ltd.

HC:Distinguishes between tax-recovery notice under Rule 73 & offence u/s 276C; Dismisses 'anticipatory bail' plea

  • In Favour of Assessee
  • Citation Number : TS-353-HC-2018(KAR)
  • Tax Payer : M A Zahid

HC:Failure to issue Sec 143(2) notice nullifies reassessment; Rejects Revenue's 'remand back' request

  • In Favour of Assessee
  • Citation Number : TS-352-HC-2018(CAL)
  • Tax Payer : Oberoi Hotels Pvt Ltd

HC:Upholds re-assessment on issues totally unconnected with reasons recorded u/s. 148(2)

  • In Favour of Both, Partially
  • Citation Number : TS-351-HC-2018(KER)
  • Tax Payer : MALAYALA MANORAMA CO LTD