Rulings ( 12908 results )

HC: ‘Administrative Convenience’ & ‘Coordinated Investigation’ prevails over Assessee’s logistical difficulty; Upholds case transfer

  • In Favour of Revenue
  • Citation Number : TS-311-HC-2024(DEL)
  • Tax Payer : Dollar Gulati

HC: Rules on inter-FY TDS adjustment, in challenge against denial of Nil TDS certificate

  • In Favour of Assessee
  • Citation Number : TS-313-HC-2024(DEL)
  • Tax Payer : Aecom Intercontinental Holdings Uk Ltd

HC: Condones delay in revised ITR, filed post-NCLT order; Finds CBDT’s rejection unreasonable

  • In Favour of Assessee
  • Citation Number : TS-309-HC-2024(BOM)
  • Tax Payer : CG Power And Industrial Solutions Ltd

SC: SC rejects constitutional challenge to 'perquisite' provision, delegated powers to CBDT not 'excessive'

  • In Favour of Revenue
  • Citation Number : TS-310-SC-2024
  • Tax Payer : All India Bank Officers' Confederation

HC: Gift is consideration-less transaction, not liable for capital gains tax; Rejects Trust’s reassessment

  • In Favour of Assessee
  • Citation Number : TS-308-HC-2024(BOM)
  • Tax Payer : Jai Trust

SC: Traders' Federation withdraws petition challenging constitutionality of Sec.43B(h), with liberty to approach HC

  • In Favour of Both, Partially
  • Citation Number : TS-307-SC-2024
  • Tax Payer : Federation Of All India Vyapar Mandal

ITAT: Management fee & social security expenses reimbursement taxable as FTS; Denies MFN benefit

  • In Favour of Both, Partially
  • Citation Number : TS-304-ITAT-2024(DEL)
  • Tax Payer : JCDecaux S.A

HC: Quashes assessment over disparity in SCN vis-a-vis order; Holds SCN not ‘empty formality’

  • In Favour of Assessee
  • Citation Number : TS-305-HC-2024(BOM)
  • Tax Payer : Vivek Jaisingh Asher

HC: Directs de novo assessment & hearing since VC request made but not received by AO

  • In Favour of Assessee
  • Citation Number : TS-303-HC-2024(DEL)
  • Tax Payer : Global Vectra Helicorp Limited

ITAT: Deletes Sec.68 addition for NBFC where customers repaid loan by demonetised currency

  • In Favour of Assessee
  • Citation Number : TS-302-ITAT-2024(PUN)
  • Tax Payer : Shrijeet Finance Private Limited

ITAT: Expounds on bonus shares’ cost determination; Rejects Sec.55(2)(ac) for pre-2018 allotment

  • In Favour of Assessee
  • Citation Number : TS-301-ITAT-2024(Bang)
  • Tax Payer : Zash Traders

HC: Reassessment disallowing provision for prior period interest unjustified sans 'fresh tangible material'

  • In Favour of Assessee
  • Citation Number : TS-290-HC-2024(BOM)
  • Tax Payer : HDFC Bank Ltd. (Successor to Business of Centurion Bank of Punjab Ltd.)

HC: No time-limit prescribed for filing compounding application

  • In Favour of Assessee
  • Citation Number : TS-300-HC-2024(DEL)
  • Tax Payer : Earthcon Constructions Private Limited & Anr.

ITAT: Sec.68 addition unjustified basis lender's source accepted by AO

  • In Favour of Assessee
  • Citation Number : TS-299-ITAT-2024(DEL)
  • Tax Payer : Devki Nandan Maheshwari

ITAT: Sec. 244A interest on increased refund eligible from start of AY

  • In Favour of Assessee
  • Citation Number : TS-288-ITAT-2024(Kol)
  • Tax Payer : SREI Infrastructure Finance Ltd

HC: Quashes JAO’s reassessment notice issued post-Ashish Agarwal; Agrees with Telangana HC on Sec.151A

  • In Favour of Assessee
  • Citation Number : TS-298-HC-2024(BOM)
  • Tax Payer : Hexaware Technologies Limited

ITAT: Rejects taxability under Sec.44BB sans PE in India; Distinguishes SC judgment in ONGC

  • In Favour of Assessee
  • Citation Number : TS-296-ITAT-2024(DEL)
  • Tax Payer : Computer Modelling Group Ltd

FC: Swiss Court holds exchange of information linked to stolen data allowable under DTAA

  • In Favour of Assessee
  • Citation Number : TS-294-FC-2024(SWTZ)
  • Tax Payer : L

ITAT: Expounds on Sec.80G registration framework; Directs CIT(E) to re-examine Red Cross Society’s application

  • In Favour of Assessee
  • Citation Number : TS-295-ITAT-2024(CHANDI)
  • Tax Payer : Indian Red Cross Society

HC: Directs Revenue to redo assessment since Sec.144C wrongly invoked, saves limitation

  • In Favour of Assessee
  • Citation Number : TS-291-HC-2024(BOM)
  • Tax Payer : Aldrin Alberto Araujo Soares