Rulings ( 15452 results )

ITAT: Allows exemption to Trust, delayed submission of Form 10B attributable to delayed registration

  • In Favour of Assessee
  • Citation Number : TS-1141-ITAT-2021(DEL)
  • Tax Payer : Hardayal Charitable & Educational Trust

ITAT: Sec.53A of TPA inapplicable to JDA granting permissive possession to developer

  • In Favour of Assessee
  • Citation Number : TS-1148-ITAT-2021(Bang)
  • Tax Payer : Anugraha Shelters (P) Ltd

HC: Quashes assessment order against Shell India; Holds procedure u/s 144C (1) mandatory

  • In Favour of Assessee
  • Citation Number : TS-1149-HC-2021(BOM)
  • Tax Payer : Shell India Markets Pvt Ltd

HC: Holds 10% TDS on ​​Coursera's receipts​ unreasonable, since subjected to 2% EL; Directs for reasoned order as per Sec.10(50)​

  • In Favour of Assessee
  • Citation Number : TS-1142-HC-2021(DEL)
  • Tax Payer : Coursera INC

FC: Supreme Court of Ukraine holds, functional analysis of Representative Office important to decide PE exemption

  • In Favour of None/NA
  • Citation Number : TS-1140-FC-2021(UKR)
  • Tax Payer : Meda Pharmaceuticals Switzerland GMBH

HC: Allows additional charge for non-payment of tax arrears in tax-evasion trial, 26 years after prosecution

  • In Favour of Revenue
  • Citation Number : TS-1138-HC-2021(MAD)
  • Tax Payer : G. Victor Devasahayam

HC: After Delhi and Bombay, Karnataka-HC quashes assessment-order passed without DRP-directions, factors time-limit extension by CBDT

  • In Favour of Assessee
  • Citation Number : TS-1136-HC-2021(KAR)
  • Tax Payer : Azuga Telematics Private Limited

HC: Dismisses RIL’s writ against rejection of VsV applications over pending criminal proceedings

  • In Favour of Revenue
  • Citation Number : TS-1137-HC-2021(BOM)
  • Tax Payer : Reliance Industries Limited

ITAT: Fees for ‘using’ IT Infrastructure taxable as Royalty; Holds transaction not covered by Engineering Analysis ruling

  • In Favour of Revenue
  • Citation Number : TS-1135-ITAT-2021(PUN)
  • Tax Payer : Bekaert Industries Private Limited

HC: Sets-aside assessment-order finalised without DRP-directions; Objections filed within timelines as extended by CBDT

  • In Favour of Assessee
  • Citation Number : TS-1134-HC-2021(DEL)
  • Tax Payer : Fiberhome India Private Limited

ITAT: Sec.80-IA deduction allowable to ​UltraTech​​ on units from amalgamation; Sec.80-IA(12A) not a disentitling provision

  • In Favour of Assessee
  • Citation Number : TS-1133-ITAT-2021(Mum)
  • Tax Payer : Ultratech Cement Ltd

HC: Revenue preferring SLP against Concentrix & Nestle rulings no reason for rejecting lower-withholding certificate

  • In Favour of Assessee
  • Citation Number : TS-1132-HC-2021(DEL)
  • Tax Payer : Cotecna Inspection SA

HC: Detailed reasons no prerequisite for sanctioning prosecution; Dismisses writ on prima facie satisfaction of Sec.276C provisions

  • In Favour of Revenue
  • Citation Number : TS-1131-HC-2021(BOM)
  • Tax Payer : Nayan Jayantilal Balu

HC: Cost of raising floor of water-logging prone warehouse for business​ continuation​, revenue expenditure

  • In Favour of Assessee
  • Citation Number : TS-1128-HC-2021(BOM)
  • Tax Payer : Jetha Properties Private Limited

SC: Dismisses writ styled as PIL challenging applicability of TDS on interest payable on MACT award

  • In Favour of Revenue
  • Citation Number : TS-1130-SC-2021
  • Tax Payer : Amit Sahni

ITAT: Education Cess is additional surcharge under Finance Acts, not deductible u/s 40(a)(ii); Follows SC ruling in K. Srinivasan

  • In Favour of Revenue
  • Citation Number : TS-1129-ITAT-2021(Kol)
  • Tax Payer : Kanoria Chemicals & Industries Ltd

SC: Directs CIT(A) to dispose of Indus Towers’ appeal preferably in 3 months; Status quo on demand to continue

  • In Favour of None/NA
  • Citation Number : TS-1127-SC-2021
  • Tax Payer : Indus Towers Ltd.

ITAT: Allows irrecoverable advance as business loss since Assessee took measures under NI Act

  • In Favour of Assessee
  • Citation Number : TS-1122-ITAT-2021(Bang)
  • Tax Payer : Foretell Business Solutions Pvt. Ltd

ITAT: Bifurcation of composite rent for lowering property tax, no bar for deduction u/s 24(a)

  • In Favour of Assessee
  • Citation Number : TS-1121-ITAT-2021(Mum)
  • Tax Payer : Lewis Family Trust

ITAT: Compensatory payment towards environmental damages by mining firm, deductible u/s 37(1)

  • In Favour of Assessee
  • Citation Number : TS-1120-ITAT-2021(Bang)
  • Tax Payer : M.Hanumantha Rao