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Rulings ( 15488 results )
Income tax Appellate Tribunal
ITAT:Grants agricultural income exemption to Seed production co., rejects Revenue's 'trading activity' plea
- In Favour of Assessee
- Citation Number : TS-654-ITAT-2018(PUN)
- Tax Payer : Nath Bio Genes (I) Ltd.
High Court
HC:Single solitary sale transaction sans dominant intention of profit, not 'adventure in nature of trade'
- In Favour of Assessee
- Citation Number : TS-652-HC-2018(KER)
- Tax Payer : JOHN POOMKUDY
Income tax Appellate Tribunal
ITAT: Reckons ESOP holding period from grant date where shares bought back without exercise
- In Favour of Assessee
- Citation Number : TS-650-ITAT-2018(Bang)
- Tax Payer : N. R. Ravikrishnan
Income tax Appellate Tribunal
ITAT:Denies deduction u/s 54 on advance given for flat, absent building plan approval
- In Favour of Revenue
- Citation Number : TS-649-ITAT-2018(JPR)
- Tax Payer : Jagdish Wadhwani
Income tax Appellate Tribunal
ITAT:Mere investments in 'penny stocks' cannot result in LTCG exemption denial
- In Favour of Assessee
- Citation Number : TS-647-ITAT-2018(CHNY)
- Tax Payer : Vandana Sankhala
Income tax Appellate Tribunal
ITAT:Rejects taxation of salary accrued outside India despite failure to furnish TRC
- In Favour of Assessee
- Citation Number : TS-646-ITAT-2018(Bang)
- Tax Payer : Smt. Maya C Nair
Income tax Appellate Tribunal
ITAT: Liquidation of stock under ESOP, taxable as 'capital gains', not 'perquisite'
- In Favour of Assessee
- Citation Number : TS-645-ITAT-2018(CHNY)
- Tax Payer : Dr. Muthian Sivathanu
Income tax Appellate Tribunal
ITAT:Seconded employees salary reimbursements, not FIS / FTS; Distinguishes Centrica ruling
- In Favour of Assessee
- Citation Number : TS-644-ITAT-2018(DEL)
- Tax Payer : AT & T Communication Services (India) P. Ltd.
Income tax Appellate Tribunal
ITAT:Rejects disallowance of over Rs. 250 Cr depletion while computing MAT of Cairn India
- In Favour of Assessee
- Citation Number : TS-642-ITAT-2018(DEL)
- Tax Payer : Cairn India Ltd.,
Income tax Appellate Tribunal
ITAT:Holds receipts/awards by cricketer as exempt under CBDT Circular; Follows precedents
- In Favour of Assessee
- Citation Number : TS-641-ITAT-2018(PUN)
- Tax Payer : Chandrakant Gulabrao Borde
Income tax Appellate Tribunal
ITAT:Deletes Sec. 69A addition in Indian beneficiaries' hands for discretionary trust's Swiss account deposits
- In Favour of Assessee
- Citation Number : TS-640-ITAT-2018(Mum)
- Tax Payer : Deepak B Shah and Kunal N Shah
Income tax Appellate Tribunal
ITAT:Allows deduction for municipal taxes pertaining to years when assessee was not owner
- In Favour of Assessee
- Citation Number : TS-639-ITAT-2018(Bang)
- Tax Payer : Technomark Television Network Pvt. Ltd
Income tax Appellate Tribunal
ITAT:No concealment penalty regarding capital gains on switch from one MF to another
- In Favour of Assessee
- Citation Number : TS-637-ITAT-2018(Kol)
- Tax Payer : Kamalesh Basu
Income tax Appellate Tribunal
ITAT:Highlights Revenue's failure to examine family trust disbursement taxability; Deletes Sec 69 addition
- In Favour of Assessee
- Citation Number : TS-636-ITAT-2018(Ahd)
- Tax Payer : Pratibha Pankaj Patel
High Court
HC:NPA interest non-taxable for Co-op. bank even prior to 2018 Sec 43D amendment
- In Favour of Assessee
- Citation Number : TS-635-HC-2018(P & H)
- Tax Payer : The Ludhiana Central Co-Op. Bank Ltd
High Court
HC:Explains SC judgment effect on Allahabad HC Full bench decision on deemed trust registration
- In Favour of Assessee
- Citation Number : TS-634-HC-2018(KER)
- Tax Payer : TBI Education Trust
Income tax Appellate Tribunal
ITAT:Cites F1 test, rejects PE constitution vis-a-vis pipeline project despite commencement date haziness
- In Favour of Both, Partially
- Citation Number : TS-633-ITAT-2018(DEL)
- Tax Payer : GIL Mauritius Holdings
Income tax Appellate Tribunal
ITAT:Receipts under R&D co-operation agreement not royalty, but reimbursement; Rejects taxability
- In Favour of Assessee
- Citation Number : TS-632-ITAT-2018(Kol)
- Tax Payer : Koninklijke Philips Electronics N.V.
High Court
HC:Upholds ITAT-order invoking Sec 60 to tax rental income in transferor's hands
- In Favour of Revenue
- Citation Number : TS-631-HC-2018(DEL)
- Tax Payer : AMBIENCE DEVELOPERS & INFRASTRUCTURE PVT.LTD
High Court
HC:Cannot treat FTS as royalty merely citing general IP protection clause in agreement
- In Favour of Assessee
- Citation Number : TS-630-HC-2018(MAD)
- Tax Payer : TVS Motors Co Ltd