Rulings ( 15478 results )

ITAT:Special Bench lays down law on Sec. 92 applicability to entity claiming Sec 10A tax holiday

  • In Favour of Revenue
  • Citation Number : TS-724-ITAT-2019(Ahd)
  • Tax Payer : M/s. Doshi Accounting Services Pvt. Ltd

SC: SC:Determination of buy-back tax u/s.115QA appealable before CIT(A); Dismisses Genpact's challenge

  • In Favour of Both, Partially
  • Citation Number : TS-723-SC-2019
  • Tax Payer : Genpact India Private Limited

ITAT:Share-premium utilised to repay loans, a scheming use of corporate veil; Remits issue for re-adjudication

  • In Favour of Both, Partially
  • Citation Number : TS-722-ITAT-2019(Mum)
  • Tax Payer : Exind Trading Pvt. Ltd

ITAT: Approves Nokia's percentage completion based revenue-recognition; Delete addition of unearned revenue of over Rs.102 cr

  • In Favour of Assessee
  • Citation Number : TS-721-ITAT-2019(DEL)
  • Tax Payer : Nokia Solutions and Networks India Pvt Ltd

HC:Quashes reassessment proceedings initiated beyond 4yrs; Suggests ways to improve quality of adjudication

  • In Favour of Assessee
  • Citation Number : TS-720-HC-2019(MAD)
  • Tax Payer : City Union Bank Limited

ITAT:Inference from SEZ Act/Rules unnecessary when definition provided in IT Act, Denies Sec.10AA benefit

  • In Favour of Revenue
  • Citation Number : TS-719-ITAT-2019(COCH)
  • Tax Payer : Crossings International Distribution

ITAT:Payment from different bank account for acquiring new asset, not an estoppel for Sec.54 deduction

  • In Favour of Assessee
  • Citation Number : TS-717-ITAT-2019(CHANDI)
  • Tax Payer : Keshav Dutt Shreedhar

HC:Dismisses Revenue's appeal; No further attribution to PE, once ALP satisfied

  • In Favour of Assessee
  • Citation Number : TS-716-HC-2019(DEL)
  • Tax Payer : Honda Motors Co. Ltd

ITAT:IBM India employee's foreign assignment allowance for rendering services in Switzerland, not taxable

  • In Favour of Assessee
  • Citation Number : TS-715-ITAT-2019(Kol)
  • Tax Payer : Bodhisattva Chattopadhyay

ITAT:Dismisses assessee's appeal; Expenditure incurred for replacement of windmill, CAPEX not Revenue

  • In Favour of Revenue
  • Citation Number : TS-714-ITAT-2019(CHNY)
  • Tax Payer : Pandian Chemicals Limited

ITAT:Amount received by sole-proprietor towards transfer of goodwill to newly set-up company, a capital asset

  • In Favour of Assessee
  • Citation Number : TS-713-ITAT-2019(Kol)
  • Tax Payer : Chandra Mohan Gupta

ITAT:Stays over Rs.150 cr tax-demand for Fox-Networks, royalty taxability 'prima-facie' in assessee's favour

  • In Favour of Assessee
  • Citation Number : TS-712-ITAT-2019(DEL)
  • Tax Payer : Fox Networks Group Singapore PTE Ltd

ITAT:Quashes revision u/s. 263 against Ajay Piramal over differences in overseas bank account balance

  • In Favour of Assessee
  • Citation Number : TS-711-ITAT-2019(Mum)
  • Tax Payer : Ajay Gopikisan Piramal

ITAT: Importing domestic law 'process' definition for DTAA 'royalty' connotations, unacceptable unilateral treaty override

  • In Favour of Assessee
  • Citation Number : TS-710-ITAT-2019(Mum)
  • Tax Payer : Reliance Jio Infocomm Ltd

SC:Dismisses SLP, confirms undisclosed income addition w.r.t property sold by assessee's mother

  • In Favour of Revenue
  • Citation Number : TS-709-SC-2019
  • Tax Payer : Harri Joseph

SC:Should normally not entertain writ petition against mere show cause notice issuance

  • In Favour of Revenue
  • Citation Number : TS-708-SC-2019
  • Tax Payer : Krishna Wax (P)Ltd

HC:Draft order 'manual service' date relevant for Sec 144C(2) time-limit where e-proceedings not-opted

  • In Favour of Assessee
  • Citation Number : TS-707-HC-2019(KER)
  • Tax Payer : FCI OEN Connectors Limited

HC:Dismisses assessee's writ challenging non-supply of information sought from AO

  • In Favour of Revenue
  • Citation Number : TS-706-HC-2019(DEL)
  • Tax Payer : Aditi Infrabuild & Services Ltd

SC:Condones delay of 1754 days, restores matter to HC for adjudication on merits

  • In Favour of Assessee
  • Citation Number : TS-704-SC-2019
  • Tax Payer : Senior Bhosale Estate (HUF)

HC: Distinguishes between NRI-assessee's PoA holder and agent; Re-assessment notice not time-barred u/s. 149(3)

  • In Favour of Revenue
  • Citation Number : TS-703-HC-2019(BOM)
  • Tax Payer : P.P. Mahatme,Power of Attorney Lorna Margaret Pinto