Rulings ( 12900 results )

HC: Quashes reassessment revival post-Ashish Agarwal for AYs 2013-14 & 2014-15; Rejects time travel theory

  • In Favour of Assessee
  • Citation Number : TS-90-HC-2024(CAL)
  • Tax Payer : Arati Marketing Pvt. Ltd

HC: No difference in ESI/PF contribution disallowance in ITR-processing vis-à-vis assessment; Follows Checkmate Services

  • In Favour of Revenue
  • Citation Number : TS-85-HC-2024(BOM)
  • Tax Payer : Rohan Korgaonkar

ITAT: Assessment sans Sec.143(2) notice served via post/affixture, invalid & incurable by Sec.292BB

  • In Favour of Assessee
  • Citation Number : TS-68-ITAT-2024(Mum)
  • Tax Payer : Seema A Talesara

ITAT: NR deputed by Indian employer not taxable for allowances on services rendered abroad

  • In Favour of Assessee
  • Citation Number : TS-78-ITAT-2024(DEL)
  • Tax Payer : Devi Dayal

ITAT: BVI entity not taxable as Indian business connection remunerated at ALP; Follows Set Satellite

  • In Favour of Assessee
  • Citation Number : TS-83-ITAT-2024(Mum)
  • Tax Payer : ATL Media Limited

ITAT: Rules on Sec.14A disallowance, expenditure on paintings for Hindustan Times

  • In Favour of Assessee
  • Citation Number : TS-63-ITAT-2024(DEL)
  • Tax Payer : The Hindustan Times Ltd.

HC: Allows VsV benefit as delay attributable to Revenue's computational error & website glitches

  • In Favour of Assessee
  • Citation Number : TS-57-HC-2024(BOM)
  • Tax Payer : Neelam Ajit Phatarpekar

HC: Directs fresh consideration of ‘Swachh Bharat Cess’ allowability, claimed as paid

  • In Favour of Assessee
  • Citation Number : TS-84-HC-2024(DEL)
  • Tax Payer : Matrix Cellular -International- Services Private Limited

HC: Grants Tupperware TDS-refund since transaction not materialised; Invokes ‘unjust enrichment’ doctrine

  • In Favour of Assessee
  • Citation Number : TS-87-HC-2024(DEL)
  • Tax Payer : Tupperware India Pvt Ltd

FC: Swiss Apex Court holds, absent corresponding activity, source state cannot tax severance pay

  • In Favour of Revenue
  • Citation Number : TS-827-FC-2023(SWTZ)
  • Tax Payer : Anonymous

ITAT: 'Unlikely recoverable' SPA escrow amount excludible for capital gains computation; Revenue may seek indemnity

  • In Favour of Assessee
  • Citation Number : TS-81-ITAT-2024(DEL)
  • Tax Payer : Modi Rubber Ltd

HC: Post-amalgamation assessment not solely based on modified return, invalid; Grants liberty to reassess

  • In Favour of Revenue
  • Citation Number : TS-64-HC-2024(MAD)
  • Tax Payer : Pallava Textiles Private Limited

SC: Dismisses Revenue's SLP on 'pre-2002 unabsorbed depreciation' allowability beyond 8 years

  • In Favour of Assessee
  • Citation Number : TS-79-SC-2024
  • Tax Payer : Hindustan Antibiotics Limited

HC: Interest on admitted refund is nation's loss; Asks Dept. to issue refunds promptly

  • In Favour of Assessee
  • Citation Number : TS-77-HC-2024(BOM)
  • Tax Payer : Macrotech Developers Limited

HC: Quashes reassessment proceedings against Godrej Projects on share premium received from Mauritian investor

  • In Favour of Assessee
  • Citation Number : TS-59-HC-2024(BOM)
  • Tax Payer : Godrej Projects Development Pvt Ltd

ITAT: Microfinancing with exorbitant interest rate & profit intent, not charitable activity; Rejects Sec.11 exemption

  • In Favour of Assessee
  • Citation Number : TS-72-ITAT-2024(Bang)
  • Tax Payer : Sanghamitra Rural Financial Services

SC: Revenue to refund 'TDS-refund' borne by Stakeholders Committee of company under CIRP

  • In Favour of Assessee
  • Citation Number : TS-73-SC-2024
  • Tax Payer : R.K. Industries (Unit-Ii) LLP

SC: Copy of order dismissing Revenue’s SLP in Bharti Airtel’s case

  • In Favour of Assessee
  • Citation Number : TS-71-SC-2024
  • Tax Payer : Bharti Airtel Limited

HC: TPO’s interdiction post DRP order unwarranted; Quashes assessment, penalty proceedings

  • In Favour of Assessee
  • Citation Number : TS-70-HC-2024(DEL)
  • Tax Payer : Louis Dreyfus Company India Pvt Ltd

ITAT: Draft order mandatory despite Assessee's waiver on filing DRP-objections; Quashes assessment

  • In Favour of Assessee
  • Citation Number : TS-67-ITAT-2024(Mum)
  • Tax Payer : Welspun Global Brands Ltd