Rulings ( 13253 results )

HC: Search invalid as reasons in satisfaction note pretentious & unrelated yet unearthed information reliable

  • In Favour of Assessee
  • Citation Number : TS-320-HC-2024(BOM)
  • Tax Payer : Echjay Industries Pvt Ltd

HC: Penalty proceedings cannot be initiated based on protective assessment

  • In Favour of Both, Partially
  • Citation Number : TS-316-HC-2024(ALL)
  • Tax Payer : Neelam Dubey

FC: Italian Court allows treaty benefits sans TRC, basis other proofs

  • In Favour of Assessee
  • Citation Number : TS-838-FC-2023(ITL)
  • Tax Payer : Teobaldo Noschese

ITAT: Rules on TDS applicability for transactions between SBI & NBFCs regarding loan assignment

  • In Favour of Assessee
  • Citation Number : TS-312-ITAT-2024(Mum)
  • Tax Payer : State Bank of India

HC: Upholds denial of Sec.80-O deduction despite CCIT approval since conditions not fulfilled

  • In Favour of Revenue
  • Citation Number : TS-315-HC-2024(BOM)
  • Tax Payer : Hindustan Export & Import Corporation Private Limited

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