Filters

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

Rulings ( 15452 results )

Filters
Income tax Appellate Tribunal

ITAT: Deletes addition for deemed rental income based on unreasonable quantification

  • In Favour of Assessee
  • Citation Number : TS-205-ITAT-2022(DEL)
  • Tax Payer : Sunil Kumar
Income tax Appellate Tribunal

ITAT: Interest on unsecured loans from related parties at 18%, not 'excessive and unreasonable' considering business contingencies

  • In Favour of Assessee
  • Citation Number : TS-204-ITAT-2022(Mum)
  • Tax Payer : Zee Fabrics Inc.
Income tax Appellate Tribunal

ITAT: Absence of reasons for accepting Assessee’s explanation in assessment proceeding, insufficient for invoking Sec.263

  • In Favour of Assessee
  • Citation Number : TS-199-ITAT-2022(Mum)
  • Tax Payer : Reliance Payment Solutions Limited
High Court

HC: Quashes reassessment notice as reasons to believe contrary to Revenue's stand in related appellate proceedings

  • In Favour of Assessee
  • Citation Number : TS-215-HC-2022(BOM)
  • Tax Payer : Hanwant Manbir Singh
Income tax Appellate Tribunal

ITAT: Holds Hyundai's exports incentive taxable as revenue receipt; Rules on Sec.32AC investment allowance

  • In Favour of Assessee
  • Citation Number : TS-206-ITAT-2022(CHNY)
  • Tax Payer : Hyundai Motor India Limited
Income tax Appellate Tribunal

ITAT: ITAT: Sum paid for network connectivity services, not royalty; Deletes Rs.383 Cr disallowance

  • In Favour of Assessee
  • Citation Number : TS-209-ITAT-2022(DEL)
  • Tax Payer : B.T. Global Communications India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Deletes penalty where lesser tax paid​ under bona fide belief of non-existence of PE

  • In Favour of Assessee
  • Citation Number : TS-208-ITAT-2022(DEL)
  • Tax Payer : Lahmeyer Holding GambH
Supreme Court

SC: Disposes of Revenue’s SLP; ASG to advise Revenue, review of HC order for factually distinguishing Maruti Suzuki ruling

  • In Favour of None/NA
  • Citation Number : TS-207-SC-2022
  • Tax Payer : Vahanvati Consultants Private Limited
Income tax Appellate Tribunal

ITAT: Ten Sports' Indian distributor not Mauritian Co's DAPE; Reiterates law on Revenue's onus for proving PE's existence

  • In Favour of Both, Partially
  • Citation Number : TS-202-ITAT-2022(Mum)
  • Tax Payer : Taj TV Limited
High Court

HC: Directs Revenue to grant personal hearing, sets aside faceless assessment order; Follows Delhi HC

  • In Favour of Assessee
  • Citation Number : TS-201-HC-2022(KAR)
  • Tax Payer : Greenvision Technologies Pvt. Ltd
High Court

HC: Quashes Sec.276C(2) prosecution as ‘sheer waste of time' absent wilful attempt; Substantial tax paid in instalments

  • In Favour of Assessee
  • Citation Number : TS-198-HC-2022(MAD)
  • Tax Payer : S.P. Velayutham
Income tax Appellate Tribunal

ITAT: Directs de novo assessment ​where criminal cases prevented Assessee's participation in assessment proceedings

  • In Favour of Assessee
  • Citation Number : TS-200-ITAT-2022(Mum)
  • Tax Payer : Naurang Godavari Entertainment Ltd
Income tax Appellate Tribunal

ITAT: Directs CIT(A) to examine if ​Tax Consultant solely responsible for Assessee's false claims

  • In Favour of None/NA
  • Citation Number : TS-197-ITAT-2022(Bang)
  • Tax Payer : Joison Kundu KulamJohny
Income tax Appellate Tribunal

ITAT: Guarantee commission, not business income for oil drilling company; Allows credit of taxes withheld in Singapore

  • In Favour of Assessee
  • Citation Number : TS-196-ITAT-2022(DEL)
  • Tax Payer : Dynamic Drilling & Services Pvt. Ltd
Income tax Appellate Tribunal

ITAT: IPR assignment under settlement agreement by Sasken, taxable as business income not capital gains

  • In Favour of Both, Partially
  • Citation Number : TS-195-ITAT-2022(Bang)
  • Tax Payer : Sasken Technologies Limited
High Court

HC: Quashes reassessment notice, dt. Mar 31, 2021 but admittedly issued later, for non-adherence of Sec.148A procedure

  • In Favour of Assessee
  • Citation Number : TS-194-HC-2022(MP)
  • Tax Payer : Yuvraj
High Court

HC: Mention of PCIT where approval actually granted by JCIT does not invalidate approval under Sec.151(2)

  • In Favour of Revenue
  • Citation Number : TS-192-HC-2022(CHAT)
  • Tax Payer : Bharat Krishi Kendra
High Court

HC: Remuneration from partnership not includible for construing monetary limit for audit under Sec.44AB

  • In Favour of Assessee
  • Citation Number : TS-191-HC-2022(BOM)
  • Tax Payer : Perizad Zorabian Irani
High Court

HC: Sec.148 notice time-barred where digitally signed on last day of limitation period but emailed later

  • In Favour of Assessee
  • Citation Number : TS-189-HC-2022(ALL)
  • Tax Payer : Daujee Abhushan Bhandar Pvt. Ltd
High Court

HC: Remands faceless penalty for fresh consideration & directs personal hearing; Follows Bharat Aluminium

  • In Favour of Assessee
  • Citation Number : TS-190-HC-2022(DEL)
  • Tax Payer : Mayur Batra