Filters

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

Rulings ( 14670 results )

Filters
Income tax Appellate Tribunal

ITAT: Shifting expenses from rented to own premises, revenue expenditure, capitalization serves no purpose

May 25, 2026
  • In Favour of Assessee
  • Citation Number : TS-753-ITAT-2026(Bang)
  • Tax Payer : NPR Auto Parts Manufacturing India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Remands matter allowing trust to file Sec. 12AB registration; Directs Revenue to consider delay condonation

May 25, 2026
  • In Favour of Assessee
  • Citation Number : TS-752-ITAT-2026(Bang)
  • Tax Payer : Karnataka State Foot Ball Association
Income tax Appellate Tribunal

ITAT: Difference in view cannot lead to invocation of proceedings u/s 263; Quashes revision against Asian Paints

May 25, 2026
  • In Favour of Assessee
  • Citation Number : TS-751-ITAT-2026(Mum)
  • Tax Payer : Asian Paints Limited
Income tax Appellate Tribunal

ITAT: Orders penalty recomputation by reducing Sec. 143(1)(a) income from assessed income

May 25, 2026
  • In Favour of Assessee
  • Citation Number : TS-750-ITAT-2026(Ahd)
  • Tax Payer : Arjun Green Power Private Limited
Income tax Appellate Tribunal

ITAT: Unclaimed expenditure embedded in WIP cannot be disallowed u/s 40(a)(ia)

May 25, 2026
  • In Favour of Assessee
  • Citation Number : TS-749-ITAT-2026(Mum)
  • Tax Payer : Orbit Ventures Developers
Income tax Appellate Tribunal

ITAT: Quashes reassessment based on borrowed satisfaction sans independent inquiry; Assessee discharged onus of unexplained loan

May 23, 2026
  • In Favour of Assessee
  • Citation Number : TS-742-ITAT-2026(DEL)
  • Tax Payer : Peakwood Reality Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Deletes unexplained share capital addition in Public Limited Company, as subscriber creditworthiness established

May 23, 2026
  • In Favour of Assessee
  • Citation Number : TS-743-ITAT-2026(DEL)
  • Tax Payer : OK Play India Ltd
Income tax Appellate Tribunal

ITAT: Omission to specify exact limb u/s 270A, vitiates penalty proceedings; Deletes penalty for misreporting

May 23, 2026
  • In Favour of Assessee
  • Citation Number : TS-694-ITAT-2026(CHNY)
  • Tax Payer : Mangadu Natarajan Balasundharam
Income tax Appellate Tribunal

ITAT: Upholds deemed dividend u/s 2(22)(e) on interest-bearing loan due to accumulated profits, no money-lending business

May 23, 2026
  • In Favour of Revenue
  • Citation Number : TS-748-ITAT-2026(DEL)
  • Tax Payer : International Management Technologies Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Unaccounted income addition basis seized documents, third-party statement invalid, without cross-examination opportunity

May 23, 2026
  • In Favour of Assessee
  • Citation Number : TS-747-ITAT-2026(DEL)
  • Tax Payer : Sanjam Sayal
Income tax Appellate Tribunal

ITAT: Capital loss in intra-group transfer for Escorts Institute not artificial arrangement sans proof of fraudulent transfer

May 23, 2026
  • In Favour of Assessee
  • Citation Number : TS-746-ITAT-2026(CHANDI)
  • Tax Payer : Escorts Heart Institute And Research Centre Ltd
Income tax Appellate Tribunal

ITAT: Date for determining holding period shall be date of final & binding allotment, not provisional allotment

May 22, 2026
  • In Favour of Assessee
  • Citation Number : TS-741-ITAT-2026(Mum)
  • Tax Payer : Sunshine Exports Diamonds Pvt Ltd
Income tax Appellate Tribunal

ITAT: Deletes addition u/s 68 towards bogus purchases as sales were already afffected out of same purchases

May 22, 2026
  • In Favour of Assessee
  • Citation Number : TS-737-ITAT-2026(DEL)
  • Tax Payer : SNT Agro Industries Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Rules GST refunds non-taxable if taxes not routed through P&L; Rejects Sec. 41(1) taxability

May 22, 2026
  • In Favour of Assessee
  • Citation Number : TS-739-ITAT-2026(Bang)
  • Tax Payer : Dell International Services India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Registered deed not mandatory for Sec. 54 deduction; Remands matter for verification

May 22, 2026
  • In Favour of Revenue
  • Citation Number : TS-738-ITAT-2026(HYD)
  • Tax Payer : Prasanna Lakshmi Chakka
Income tax Appellate Tribunal

ITAT: No rule permits substituting land cost with market value for Sec. 80-IB(10) calculation

May 22, 2026
  • In Favour of Assessee
  • Citation Number : TS-740-ITAT-2026(CHNY)
  • Tax Payer : Baashyam Constructions-Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Deletes Sec. 56(2)(x) addition as stamp-duty valuation difference within retrospective 10% tolerance

May 21, 2026
  • In Favour of Assessee
  • Citation Number : TS-736-ITAT-2026(Mum)
  • Tax Payer : Manjit Singh Baxisingh Dev
Income tax Appellate Tribunal

ITAT: Remands taxability issue awaiting CBDT decision on Assessee’s Section 10(46) notification application

May 21, 2026
  • In Favour of Both, Partially
  • Citation Number : TS-734-ITAT-2026(Mum)
  • Tax Payer : Fees Regulating Authority
Income tax Appellate Tribunal

ITAT: Surrender of tenancy rights constitutes capital asset transfer, consideration not taxable as IoS

May 21, 2026
  • In Favour of Assessee
  • Citation Number : TS-728-ITAT-2026(Mum)
  • Tax Payer : Dinesh Gulab Mirchandani
Income tax Appellate Tribunal

ITAT: Sec. 14A disallowance restricted to investment yielding exempt income; Hypothetical basis impermissible

May 21, 2026
  • In Favour of Assessee
  • Citation Number : TS-720-ITAT-2026(LKW)
  • Tax Payer : Care Detergents Private Limited