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Rulings ( 15488 results )
Income tax Appellate Tribunal
ITAT:Quashes reassessment; Information from Mauritian Authority insufficient to prove unaccounted money allegation
- In Favour of Assessee
- Citation Number : TS-62-ITAT-2019(CHANDI)
- Tax Payer : Mahakali Developers & Resorts Pvt Ltd
High Court
HC:Quashes assessment u/s 153C absent proper satisfaction note by AO of searched-person
- In Favour of Assessee
- Citation Number : TS-61-HC-2019(KAR)
- Tax Payer : Mr. Shyamraj Singh
Income tax Appellate Tribunal
ITAT:Disallows cash purchases of land u/s 40A(3) despite not claimed as 'business expense'
- In Favour of Revenue
- Citation Number : TS-60-ITAT-2019(ASR)
- Tax Payer : Shiv Raj Singh Bawa
High Court
HC:Upholds ITAT order allowing unabsorbed depreciation set-off against LTCG
- In Favour of Assessee
- Citation Number : TS-59-HC-2019(BOM)
- Tax Payer : Gunnebo India Pvt. Ltd
High Court
HC:Quashes ITAT's reliance on Court judgment holding 'no substantial question of law arises'
- In Favour of Assessee
- Citation Number : TS-58-HC-2019(KAR)
- Tax Payer : GMR Energy Limited
Income tax Appellate Tribunal
ITAT:Accepts LTCG-claim on gifted shares sale; Ignores UK property while construing RNOR's Sec. 54F benefit
- In Favour of Both, Partially
- Citation Number : TS-57-ITAT-2019(Bang)
- Tax Payer : Dev Kumar Roy
High Court
HC:Expense disallowance u/s. 40(a)(ia) for TDS default cannot be invoked in Trust's case pre-April'19
- In Favour of Revenue
- Citation Number : TS-56-HC-2019(KAR)
- Tax Payer : Sri. Adichunchanagiri Shikshana Trust
Income tax Appellate Tribunal
ITAT:No restriction u/s. 54 on investing capital gains from sale of 'multiple' houses
- In Favour of Assessee
- Citation Number : TS-55-ITAT-2019(Mum)
- Tax Payer : Mr. Bipin N. Sagar
Income tax Appellate Tribunal
ITAT:Offers lifebuoy to assessee despite several 'unjustifiable' adjournments, imposes exemplary cost
- In Favour of Both, Partially
- Citation Number : TS-54-ITAT-2019(Bang)
- Tax Payer : Euromonitor Research & Consulting (India) P. Ltd
Income tax Appellate Tribunal
ITAT:Rejects firm's deemed dividend addition as partners held shares in personal capacity
- In Favour of Assessee
- Citation Number : TS-53-ITAT-2019(Mum)
- Tax Payer : Golani Brothers
Income tax Appellate Tribunal
ITAT:CIT(A) cannot enhance income on 'new source' not considered in assessment proceedings
- In Favour of Assessee
- Citation Number : TS-52-ITAT-2019(DEL)
- Tax Payer : Hari Mohan Sharma
High Court
HC:Quashes reassessment notice u/s 147 issued on last day of time-limit expiry
- In Favour of Assessee
- Citation Number : TS-51-HC-2019(BOM)
- Tax Payer : Frigerio Conserva Allana Pvt. Ltd
Income tax Appellate Tribunal
ITAT:Allows Sec.54 exemption for amount invested towards construction before sale of house-property
- In Favour of Assessee
- Citation Number : TS-50-ITAT-2019(DEL)
- Tax Payer : Dr Rajinder Kumar Gupta
Income tax Appellate Tribunal
ITAT:Sec.43B not applicable to contribution to Environment Relief Fund since assessee-insurer acted as collecting agent
- In Favour of Assessee
- Citation Number : TS-49-ITAT-2019(PUN)
- Tax Payer : Bajaj Allianz General Insurance Company Ltd
High Court
HC:AO to apply his discretion for deciding stay application and water-down pre-deposit condition
- In Favour of Assessee
- Citation Number : TS-48-HC-2019(DEL)
- Tax Payer : Turner General Entertainment Networks India Pvt. Ltd
High Court
HC:HC rules on taxpayer's entitlement for interest on 'seized cash' refund
- In Favour of Assessee
- Citation Number : TS-47-HC-2019(BOM)
- Tax Payer : Agarwal Enterprises
High Court
HC:Quashes re-assessment notice; No 'live-link' between investigation wing data and income escapement
- In Favour of Assessee
- Citation Number : TS-46-HC-2019(BOM)
- Tax Payer : Asset Reconstruction Company India Pvt. Ltd
Supreme Court
SC:Mandates assessee to comply with 'PAN-Aadhaar linking' requirement for return filing
- In Favour of Assessee
- Citation Number : TS-45-SC-2019
- Tax Payer : Shreya Sen & Anr
High Court
HC:Upholds ITAT order; Transfer of subsidiary's shares, not 'slump-sale' of undertaking
- In Favour of Assessee
- Citation Number : TS-44-HC-2019(BOM)
- Tax Payer : UTV Software Communication Ltd
Income tax Appellate Tribunal
ITAT: Foreign consultants' payment covered by article on 'Independent Personal Services', not FTS
- In Favour of Assessee
- Citation Number : TS-43-ITAT-2019(Ahd)
- Tax Payer : Hydrosult Inc