Rulings ( 15481 results )

HC:Allows Sec.54F benefit on transfer of residential unit in Co­-operative Housing Society

  • In Favour of Assessee
  • Citation Number : TS-235-HC-2019(BOM)
  • Tax Payer : Shri Rahul Uday Tuljapurkar

ITAT:DVO's Valuation Report obtained for sec.50C purposes, can be challenged in appeal

  • In Favour of Both, Partially
  • Citation Number : TS-234-ITAT-2019(Ahd)
  • Tax Payer : Lovy Ranka

ITAT:Advertisement expenditure not capital expenditure; Rejects Revenue's brand building plea

  • In Favour of Assessee
  • Citation Number : TS-233-ITAT-2019(DEL)
  • Tax Payer : Miele India Pvt Ltd

ITAT:Advertisement hoardings rent of developer taxable as 'house property income', not IFOS

  • In Favour of Assessee
  • Citation Number : TS-232-ITAT-2019(Mum)
  • Tax Payer : Chaitanya Developers

HC:Payment for lounge services by Jet Airways not rent, TDS u/s.194-I inapplicable

  • In Favour of Assessee
  • Citation Number : TS-231-HC-2019(BOM)
  • Tax Payer : Jet Airways (India) Ltd

HC:Impact/success of research activities not relevant for Sec 35(1)(ii) approval to universities

  • In Favour of Assessee
  • Citation Number : TS-230-HC-2019(DEL)
  • Tax Payer : Manipal Academy Of Higher Education

SC:Remands matter to ITAT for incorrect appreciation of CIT(A)'s finding

  • In Favour of Assessee
  • Citation Number : TS-229-SC-2019
  • Tax Payer : Ballarpur Industries Ltd

ITAT:Holds assessee's loss incurred on trading in agricultural based commodity derivatives, non-speculative

  • In Favour of Assessee
  • Citation Number : TS-228-ITAT-2019(ASR)
  • Tax Payer : P. D. Sekhsaria Trading Company Pvt. Ltd

HC:Agrees with Delhi HC that retrospective amendments to Sec 9(1)(vi) not merely clarificatory

  • In Favour of Assessee
  • Citation Number : TS-227-HC-2019(BOM)
  • Tax Payer : NEO Sports Broadcast Pvt. Ltd

ITAT:'Distance learning' covered under charitable activities u/s. 2(15) as formal education

  • In Favour of Assessee
  • Citation Number : TS-226-ITAT-2019(ASR)
  • Tax Payer : Shaheed Udham Singh Educational Society

ITAT:Allows administrative expenditure even though no Ministry of I&B's approval received

  • In Favour of Assessee
  • Citation Number : TS-225-ITAT-2019(HYD)
  • Tax Payer : VIL Media Pvt. Ltd

ITAT:Allows amortization of cost of acquisition of film broadcasting rights over 5 years

  • In Favour of Assessee
  • Citation Number : TS-224-ITAT-2019(CHNY)
  • Tax Payer : Asianet Star Communications Pvt. Ltd

HC:Services relating GDR issue not utilized in India; Rejects FTS taxability

  • In Favour of Assessee
  • Citation Number : TS-223-HC-2019(BOM)
  • Tax Payer : Indusind Bank Ltd

HC:Rules on accrual of 'Liquidation damages' liability arising on iron-ore extraction contract termination

  • In Favour of Assessee
  • Citation Number : TS-222-HC-2019(BOM)
  • Tax Payer : Shri Rajesh Prakash Timblo

ITAT:Dismisses Revenue's plea in MA to bring Flipkart's 'foregone profits' under tax net

  • In Favour of Assessee
  • Citation Number : TS-221-ITAT-2019(Bang)
  • Tax Payer : Flipkart India Private Limited

ITAT:Salary received in NRE A/c for services rendered in Nigeria, not taxable in India

  • In Favour of Assessee
  • Citation Number : TS-220-ITAT-2019(Kol)
  • Tax Payer : Deepak Kumar Todi

ITAT:Wharfage charges payment not akin to 'rent'; TDS u/s. 194-I inapplicable

  • In Favour of Assessee
  • Citation Number : TS-219-ITAT-2019(PUN)
  • Tax Payer : Angre Port (P) Ltd

ITAT:Rejects AO's adoption of cost of acquisition u/s 49(1) for MAT purposes

  • In Favour of Assessee
  • Citation Number : TS-217-ITAT-2019(Mum)
  • Tax Payer : Yuvak Ventures Pvt. Ltd

HC:'Front End Fees' to Bank constitutes 'interest' eligible for amortization; Follows Madras Industrial Ratio

  • In Favour of Both, Partially
  • Citation Number : TS-216-HC-2019(CAL)
  • Tax Payer : Kesoram Industries Ltd

ITAT: Subscription fees for online database, neither FTS nor Royalty under India-Germany DTAA

  • In Favour of Assessee
  • Citation Number : TS-215-ITAT-2019(Mum)
  • Tax Payer : Elsevier Information Systems GmbH