Rulings ( 15454 results )

ITAT: Extends stay, considers fall in demand of aviation fuel due to Covid-19.

  • In Favour of Assessee
  • Citation Number : TS-102-ITAT-2021(Bang)
  • Tax Payer : Indianoil Skytanking Pvt. Ltd

ITAT: Harish Salve’s scholarship for higher studies at Oxford, allowable business expenditure u/s 37

  • In Favour of Assessee
  • Citation Number : TS-101-ITAT-2021(DEL)
  • Tax Payer : Harish N. Salve

ITAT: Directs status quo on adjustment of Rs.1228. 83 cr. demand against Tata Steel until disposal of stay petition

  • In Favour of Assessee
  • Citation Number : TS-100-ITAT-2021(Mum)
  • Tax Payer : Tata Steel Limited

AAR: Applies LoB clause for extending treaty benefit to Singapore-based Investment Co. on share-sale

  • In Favour of Assessee
  • Citation Number : TS-95-AAR-2021
  • Tax Payer : BG Asia Pacific Holding Pte. Limited

ITAT: Extends stay for Sony Pictures on outstanding demand of over Rs.100 Cr

  • In Favour of Assessee
  • Citation Number : TS-99-ITAT-2021(Mum)
  • Tax Payer : Sony Pictures Networks India Private Limited

ITAT: Mere treatment of expenditure as 'capital in nature' by Revenue doesn’t warrant penalty levy u/s 271(1)(c)

  • In Favour of Assessee
  • Citation Number : TS-98-ITAT-2021(DEL)
  • Tax Payer : Giesecke & Dverient India Pvt. Ltd

ITAT: No capital gains u/s 45(4) on payment of money value of partner's interest on retirement

  • In Favour of Assessee
  • Citation Number : TS-97-ITAT-2021(Bang)
  • Tax Payer : M/s. Thirumala Rice Industries

HC: Application under Rule 24 of ITAT Rules not subject to limitation u/s 254(2)

  • In Favour of Assessee
  • Citation Number : TS-96-HC-2021(DEL)
  • Tax Payer : Pradeep Kumar Jindal

ITAT: Cost of assets and not its gross value relevant at the time of write-off for STCG computation

  • In Favour of Assessee
  • Citation Number : TS-88-ITAT-2021(Mum)
  • Tax Payer : My Personal Health Record Express (I) Pvt. Ltd

SC: Issues notice on Bank of Rajasthan's SLP on deductibility of ā€˜broken period interest’

  • In Favour of Both, Partially
  • Citation Number : TS-93-SC-2021
  • Tax Payer : The Bank of Rajasthan Ltd

SC: Issues notice on Revenue's SLP against Bombay HC ruling in JSW Steel on inter-play of Sec. 153A, 139

  • In Favour of Both, Partially
  • Citation Number : TS-92-SC-2021
  • Tax Payer : Jsw Steel Ltd

ITAT: Orders passed by CIT(A) on being functus officio not sustainable in law

  • In Favour of Revenue
  • Citation Number : TS-90-ITAT-2021(Bang)
  • Tax Payer : GMR Energy Limited

ITAT: Directs inquiry of high sea sale and repurchase of Gionee mobiles by United Teleservices

  • In Favour of Both, Partially
  • Citation Number : TS-89-ITAT-2021(Kol)
  • Tax Payer : United Teleservices Ltd

ITAT: ITAT: Sum paid to ITC Ltd. for redeeming the hotel allowable as revenue expenditure

  • In Favour of Assessee
  • Citation Number : TS-87-ITAT-2021(DEL)
  • Tax Payer : ELEL Hotels & Investment Ltd

ITAT: Allows exemption u/s 54F on purchase of residential house for dependent widowed daughter

  • In Favour of Assessee
  • Citation Number : TS-86-ITAT-2021(Bang)
  • Tax Payer : Krishnappa Jayaramaiah

HC: Sums paid under IDS, 2016 neither adjustable nor refundable

  • In Favour of Revenue
  • Citation Number : TS-85-HC-2021(GUJ)
  • Tax Payer : Yogesh Roshanlal Gupta

HC: Possession/custody is facet of ownership; Upholds addition of seized cash u/s 69A

  • In Favour of Revenue
  • Citation Number : TS-84-HC-2021(DEL)
  • Tax Payer : Jatinder Pal Singh

ITAT: Non-verification of Form-35 by managing director/director, curable irregularity

  • In Favour of Assessee
  • Citation Number : TS-83-ITAT-2021(Mum)
  • Tax Payer : Businessmatch Services (India) Private Limited

HC: Finds residential address of Managing Partner relevant for transfer of case u/s 127

  • In Favour of Revenue
  • Citation Number : TS-78-HC-2021(DEL)
  • Tax Payer : Dev Wines Sales Corporation

AAR: No bar from approaching Authority on service-fee taxability despite identical receipts offered to tax earlier

  • In Favour of Assessee
  • Citation Number : TS-82-AAR-2021
  • Tax Payer : Centrient Pharmaceuticals