Rulings ( 15481 results )

ITAT:Vacates Sec.263 order; Allows Sec.80IB(11A) deduction though process carried out by different units

  • In Favour of Assessee
  • Citation Number : TS-432-ITAT-2019(Ahd)
  • Tax Payer : Manpasand Beverages Limited

ITAT:Allows Sec.80IA(4) benefit to JV-constituent for infra projects executed through Consortium

  • In Favour of Assessee
  • Citation Number : TS-431-ITAT-2019(VIZ)
  • Tax Payer : Transstroy (India) Ltd

ITAT:No turbulence for Kingfisher Airlines; Payments to foreign aviation academies, not FTS/Royalty

  • In Favour of Assessee
  • Citation Number : TS-430-ITAT-2019(Bang)
  • Tax Payer : Kingfisher Airlines Ltd

SC: SC: Dismisses Revenue's appeal; Assessment on non-existent entity, a 'substantive illegality', not procedural violation

  • In Favour of Assessee
  • Citation Number : TS-429-SC-2019
  • Tax Payer : Maruti Suzuki India Limited

SC:Upholds constitutional validity of Sec 35AC sunset clause; Rejects trust's hardship plea

  • In Favour of Both, Partially
  • Citation Number : TS-428-SC-2019
  • Tax Payer : Prashanti Medical Services & Research Foundation

ITAT:Builder's 'approval fee' provisioning hit by Sec. 43B disallowance

  • In Favour of Revenue
  • Citation Number : TS-427-ITAT-2019(Bang)
  • Tax Payer : Global Entropolis (vizag) Pvt. Ltd

ITAT:Allows FMV substitution benefit for '90-years leasehold rights' acquired pre-1981

  • In Favour of Assessee
  • Citation Number : TS-426-ITAT-2019(DEL)
  • Tax Payer : Manish Traders

HC:Quashes property attachment, citing expiry of limitation period under Rule 68B(1)

  • In Favour of Assessee
  • Citation Number : TS-425-HC-2019(BOM)
  • Tax Payer : Sapana Charudatt Ranadive

HC:Shah Commission report lacks 'authoritativeness'; Can't qualify as 'primary fact' for re-opening

  • In Favour of Assessee
  • Citation Number : TS-424-HC-2019(BOM)
  • Tax Payer : Sesa Sterlite Limited (Formerly known as Sesa Goa Limited)

ITAT:No TDS on subsequent reversal of book entries backed by supporting documentation

  • In Favour of Both, Partially
  • Citation Number : TS-423-ITAT-2019(Bang)
  • Tax Payer : Avestagenome Project International Pvt. Ltd

SC:Reverses HC; Restores ITAT order deleting addition for unexplained deposit of dollars

  • In Favour of Assessee
  • Citation Number : TS-422-SC-2019
  • Tax Payer : Purshottam Khatri

SC:Dismisses Revenue's review petition against quashing of re-assessment notice issuance to Honda-Motors

  • In Favour of Assessee
  • Citation Number : TS-421-SC-2019
  • Tax Payer : Honda Motors Co. Ltd

ITAT:No 'benefit' derived by promoter-director on company's 'success fee' payment for share-transfer

  • In Favour of Assessee
  • Citation Number : TS-420-ITAT-2019(VIZ)
  • Tax Payer : Sri Danda Brahmanandam

SC:Stays HC judgment denying Sec. 80IB(10) deduction for housing project non-completion within prescribed time-line

  • In Favour of Both, Partially
  • Citation Number : TS-419-SC-2019
  • Tax Payer : Global Estates

ITAT:'Stake Money' payment by Turf Club, not liable to TDS u/s. 194B / BB

  • In Favour of Assessee
  • Citation Number : TS-418-ITAT-2019(Mum)
  • Tax Payer : Royal Western India Turf Club Ltd

ITAT: Expat's salary cost recharge to French Co., not FTS; Distinguishes Centrica ruling

  • In Favour of Assessee
  • Citation Number : TS-417-ITAT-2019(PUN)
  • Tax Payer : Faurecia Automotive Holding

ITAT:Bank interest, not taxable in hands of assessee-society on mutuality principles

  • In Favour of Assessee
  • Citation Number : TS-780-ITAT-2018(DEL)
  • Tax Payer : Swarn Jayanti Rail Nagar Flat Owners Association

ITAT:Allows Sec.54 benefit against LTCG arising on residential property transfer under Collaboration Agreement

  • In Favour of Assessee
  • Citation Number : TS-416-ITAT-2019(DEL)
  • Tax Payer : Manisha Juneja Sawhney

SC:Dismisses Revenue's SLP against HC-order quashing re-assessment on Punjab & Sind Bank

  • In Favour of Assessee
  • Citation Number : TS-415-SC-2019
  • Tax Payer : Punjab and Sind Bank

HC:Sec. 24 of Benami Law on property attachment notice, not parimateria with Sec. 147 of IT Act

  • In Favour of Revenue
  • Citation Number : TS-414-HC-2019(GUJ)
  • Tax Payer : Virendra Ramanlal Soni