Rulings ( 15468 results )

ITAT:Grants 6 months stay to Genpact on share buy-back demand, subject to Rs.200 Cr. payment

  • In Favour of Assessee
  • Citation Number : TS-74-ITAT-2020(DEL)
  • Tax Payer : Genpact India Pvt. Ltd

ITAT:Resultant company not 'assessee' u/s.35DD; Denies NIIT Technologies' demerger expenses claim

  • In Favour of Revenue
  • Citation Number : TS-73-ITAT-2020(DEL)
  • Tax Payer : NIIT Technologies Ltd

ITAT:Compensation for extinguishing 'right for specific performance', capital gains; Grants Sec.54F benefit

  • In Favour of Assessee
  • Citation Number : TS-72-ITAT-2020(Bang)
  • Tax Payer : Shri Narayan Mandyam Veerabhudhi

HC:Upholds constitutional validity of Sec.234F fee levy for late return filing

  • In Favour of Revenue
  • Citation Number : TS-71-HC-2020(MAD)
  • Tax Payer : K.Nirai Mathi Azhagan

ITAT:Third Member rejects notional interest accrual on partner's capital contributions absent profits earned by Firm

  • In Favour of Assessee
  • Citation Number : TS-70-ITAT-2020(Bang)
  • Tax Payer : Minnow Trading Company Pvt. Ltd

SC:Unutilised MODVAT credit not 'sum payable' u/s 43B; Denies deduction to Maruti-Suzuki

  • In Favour of Revenue
  • Citation Number : TS-69-SC-2020
  • Tax Payer : Maruti Suzuki India Ltd

SC:Dismisses NRA's review petition against earlier judgment confirming addition u/s. 68 towards share application money

  • In Favour of Revenue
  • Citation Number : TS-68-SC-2020
  • Tax Payer : NRA Iron and Steel Pvt. Ltd.

HC: Deletes addition u/s. 68, cites assessee's discharge of onus of 3 essential ingredients; Distinguishes NRA SC-ruling

  • In Favour of Assessee
  • Citation Number : TS-67-HC-2020(BOM)
  • Tax Payer : Ami Industries (India) P Ltd

ITAT:Quashes reassessment absent 'reason to believe' based on fresh tangible material

  • In Favour of Assessee
  • Citation Number : TS-66-ITAT-2020(Kol)
  • Tax Payer : Price Waterhouse & Co, Kolkata

ITAT:Land purchased in director's name but recorded in company's financials, not 'deemed dividend'

  • In Favour of Assessee
  • Citation Number : TS-65-ITAT-2020(Kol)
  • Tax Payer : Aloke Kumar Ghosh

ITAT:Sec.54F exemption available against new property purchased in spouse's name

  • In Favour of Assessee
  • Citation Number : TS-64-ITAT-2020(Bang)
  • Tax Payer : Smt.Pinky

SC: Explains law on limitation for filing writ; Directs refund of cash seized in 1987

  • In Favour of Assessee
  • Citation Number : TS-63-SC-2020
  • Tax Payer : Kishore Jagjivandas Tanna

HC: Dismisses Revenue's appeal against deletion of penalty on Rajinikanth citing low tax effect

  • In Favour of Assessee
  • Citation Number : TS-62-HC-2020(MAD)
  • Tax Payer : Shri.R.Rajinikanth

HC:Pre-1999 provision for 'site restoration cost' on oil exploration, allowable business expenditure u/s 37

  • In Favour of Assessee
  • Citation Number : TS-61-HC-2020(MAD)
  • Tax Payer : Vedanta Limited

ITAT:DTAA exempt income not entitled for reduction from 'book-profits' under MAT provisions

  • In Favour of Revenue
  • Citation Number : TS-60-ITAT-2020(DEL)
  • Tax Payer : IRCON International Limited

HC:Vodafone's discount to distributors of prepaid SIM cards, not liable to TDS u/s 194H

  • In Favour of Assessee
  • Citation Number : TS-59-HC-2020(BOM)
  • Tax Payer : Vodafone Cellular Ltd

ITAT:Grants exemption u/s 10(23FB) to VCF on sale of 'listed' shares of Venture Capital Undertaking

  • In Favour of Assessee
  • Citation Number : TS-58-ITAT-2020(Bang)
  • Tax Payer : True North Fund IIIA (formerly Known as India Value Fund IIIA)

ITAT:Accepts NR's FTS taxability on 'gross basis'; Cites 'choice' under Indo-Swiss DTAA protocol

  • In Favour of Assessee
  • Citation Number : TS-57-ITAT-2020(Mum)
  • Tax Payer : AGT International GmbH

ITAT:No 'dependency' for Indian-agent deriving over 50 commission from NR-supplier; Holds Sec.195 TDS inapplicable

  • In Favour of Assessee
  • Citation Number : TS-56-ITAT-2020(Ind)
  • Tax Payer : RSV Global

HC: Dismisses assessee's writ challenging provisional attachment of alleged 'benami' property

  • In Favour of Revenue
  • Citation Number : TS-841-HC-2019(CHAT)
  • Tax Payer : Laxmi Narayan Agrawal