Rulings ( 15488 results )

ITAT:Notional rental income addition u/s. 23 on Builder's unsold flats, unsustainable

  • In Favour of Assessee
  • Citation Number : TS-124-ITAT-2018(Mum)
  • Tax Payer : Runwal Constructions

HC:Examination during original assessment based on prima facie untrue disclosure, irrelevant; Upholds reopening

  • In Favour of Revenue
  • Citation Number : TS-123-HC-2018(GUJ)
  • Tax Payer : Jayant Security and Finance Ltd

HC:Reverses ITAT ruling; Penalty on search u/s 271AAA attracted absent 'substantiation' of income

  • In Favour of Revenue
  • Citation Number : TS-122-HC-2018(DEL)
  • Tax Payer : Smt Ritu Singal

ITAT:Grants conditional stay to Thomson Reuters observing 'prima facie' case in favour

  • In Favour of Assessee
  • Citation Number : TS-121-ITAT-2018(Mum)
  • Tax Payer : Thomson Reuters International Services Pvt Ltd

ITAT: Sec. 143(2) notice by non-jurisdictional AO, invalid despite issued within statutory period

  • In Favour of Assessee
  • Citation Number : TS-120-ITAT-2018(DEL)
  • Tax Payer : NVS Builders Pvt Ltd

ITAT:Penalty for regularizing construction within byelaws of Slum Rehabilitation Authority allowable u/s 37(1)

  • In Favour of Assessee
  • Citation Number : TS-119-ITAT-2018(Mum)
  • Tax Payer : Lokhandwala Shelters (I) Pvt Ltd

ITAT:Partnership firm having corporate entities as partners, a consortium eligible for deduction u/s 80IA(4)

  • In Favour of Assessee
  • Citation Number : TS-118-ITAT-2018(PUN)
  • Tax Payer : Rohan & Rajdeep Infrastructure

HC:Reverses ITAT; Deletes Sec. 68 addition, no 'occasion' required for receiving gift from 'relative'

  • In Favour of Assessee
  • Citation Number : TS-117-HC-2018(AP)
  • Tax Payer : Pendurthi Chandrasekhar

ITAT:Allows Sec 10A deduction on voluntary TP-adjustment; Follows iGate over Deloitte ruling

  • In Favour of Both, Partially
  • Citation Number : TS-116-ITAT-2018(PUN)
  • Tax Payer : Approva Systems Pvt. Ltd.

SC:Upholds Sec. 14A disallowance on strategic investments; Dominant purpose test irrelevant

  • In Favour of Both, Partially
  • Citation Number : TS-115-SC-2018
  • Tax Payer : Maxopp Investments Ltd

SC:Explains State's powers regarding amendments undoing court judgments; Quashes retrospective application

  • In Favour of Revenue
  • Citation Number : TS-114-SC-2018
  • Tax Payer : State of Karnataka

HC:PMGKY a self-contained code , denies credit of advance tax payment post demonetization

  • In Favour of Revenue
  • Citation Number : TS-113-HC-2018(DEL)
  • Tax Payer : Virag Tiwari

HC:Confirms Revenue's initiation of special audit on Nokia; Dismisses time-barred assessment plea

  • In Favour of Revenue
  • Citation Number : TS-112-HC-2018(DEL)
  • Tax Payer : Nokia India Private Limited

SC:Co-op Society exempt on transfer-fee received from transferee; Explains mutuality principle

  • In Favour of Assessee
  • Citation Number : TS-111-SC-2018
  • Tax Payer : Venkatesh Premises Cooperative Society Ltd

AAR:Allows lower Capital gain tax-rate to Finnish seller under Sec. 112(1) proviso; Follows Cairn UK

  • In Favour of Assessee
  • Citation Number : TS-110-AAR-2018
  • Tax Payer : Finnish Fund for Industrial Cooperation Ltd

HC:Honourarium to staff/doctors necessary for decent hospital, quashes Sec. 10(23C) exemption denial

  • In Favour of Assessee
  • Citation Number : TS-641-HC-2017(BOM)
  • Tax Payer : Shushrusha Citizens Cooperative Hospital Limited

ITAT:Considers registration date for determining holding period, absent possession transfer on agreement date

  • In Favour of Revenue
  • Citation Number : TS-109-ITAT-2018(Bang)
  • Tax Payer : M.C.Sathyanarayana Gowda

HC:Obtaining 100 EOU status by DTA-unit cannot entitle Sec 10B benefit beyond 10 years

  • In Favour of Revenue
  • Citation Number : TS-108-HC-2018(UTT)
  • Tax Payer : Windlass Steel Craft

HC:Penalty imposed u/s 158BFA(2), 'discretionary' and not 'mandatory' in nature

  • In Favour of Assessee
  • Citation Number : TS-640-HC-2017(AP)
  • Tax Payer : Radha Krishna Vihar

ITAT:Fees paid for business- development services to subsidiary not FTS under India-Singapore DTAA

  • In Favour of Assessee
  • Citation Number : TS-107-ITAT-2018(Mum)
  • Tax Payer : Fractal Analytics Pvt.Ltd.