Filters

Keyword Search Authority Location Search by Name In Favour of Industry Date of Pronouncement Case Type Citation Number
close

Rulings ( 15488 results )

Filters
Income tax Appellate Tribunal

ITAT:Consideration by partner on relinquishment of share, not 'receipt without adequate consideration' u/s. 56(2)

  • In Favour of Assessee
  • Citation Number : TS-599-ITAT-2017(PUN)
  • Tax Payer : Vasumati Prafullachand Sanghavi
High Court

HC:Upholds grossing-up of foreign nationals' salary u/s. 195A for tax borne by Indian agent

  • In Favour of Assessee
  • Citation Number : TS-598-HC-2017(KER)
  • Tax Payer : Horace Dansereau
Income tax Appellate Tribunal

ITAT:Upfront fee for 30 years lease resulting in lower annual rentals, a revenue expenditure

  • In Favour of Assessee
  • Citation Number : TS-597-ITAT-2017(DEL)
  • Tax Payer : Delhi International Airport Pvt. Ltd.
Supreme Court

SC:Allows Trusts' double-dip depreciation claim, Finance Act 2014 amendment not retrospective

  • In Favour of Assessee
  • Citation Number : TS-596-SC-2017
  • Tax Payer : Rajasthan and Gujarati Charitable Foundation Poona
Income tax Appellate Tribunal

ITAT:Allows indefinite carry forward for pre-2002 unabsorbed depreciation, interprets Sec. 32(2) amendment purposively

  • In Favour of Assessee
  • Citation Number : TS-595-ITAT-2017(Kol)
  • Tax Payer : RB Polymers Ltd.
Income tax Appellate Tribunal

ITAT:Statements without cross-examination become legally fragile, deletes bogus diamond purchases disallowance

  • In Favour of Assessee
  • Citation Number : TS-594-ITAT-2017(Kol)
  • Tax Payer : Manoj Begani
Income tax Appellate Tribunal

ITAT:Token billing during incubatory period not 'commencement year' for tax holiday u/s. 10A

  • In Favour of Assessee
  • Citation Number : TS-593-ITAT-2017(DEL)
  • Tax Payer : North Shore Technologies Private Limited
Income tax Appellate Tribunal

ITAT:Denies higher 60 depreciation on 'seismic-survey equipment' ; Holds 'processing' cannot alter equipment's character

  • In Favour of Revenue
  • Citation Number : TS-592-ITAT-2017(Ahd)
  • Tax Payer : Asian Oilfield Services Ltd
Income tax Appellate Tribunal

ITAT:Succession of sole proprietor by company - taxable transfer, where consideration received other than shares

  • In Favour of Revenue
  • Citation Number : TS-591-ITAT-2017(Bang)
  • Tax Payer : Continental Warehousing Corporation Ltd.
High Court

HC:Adjusting 'share application money' against sales doesn't amount to cessation of liability

  • In Favour of Assessee
  • Citation Number : TS-590-HC-2017(ALL)
  • Tax Payer : Indo Widecom International Ltd.
Supreme Court

SC: Applies 'purpose test', entertainment tax subsidy for new multiplexes not revenue receipt

  • In Favour of Assessee
  • Citation Number : TS-589-SC-2017
  • Tax Payer : Chaphalkar Brothers, Pune
Income tax Appellate Tribunal

ITAT:Date of accepting offer under share swap arrangement relevant for LTCG computation

  • In Favour of Assessee
  • Citation Number : TS-588-ITAT-2017(Mum)
  • Tax Payer : Mukesh Ramanlal Gandhi
Income tax Appellate Tribunal

ITAT: Deletes Sec. 56(2)(viib) addition on preference shares; Approves valuer's FMV calculation

  • In Favour of Assessee
  • Citation Number : TS-587-ITAT-2017(Kol)
  • Tax Payer : Microfirm Capital Pvt. Ltd
High Court

HC:Upholds reopening beyond 4 years on ground of wrong accounting for amalgamation

  • In Favour of Revenue
  • Citation Number : TS-586-HC-2017(DEL)
  • Tax Payer : Johnson Products Pvt Ltd
High Court

HC: Grants MFN-clause benefit; No notification enforcing beneficial provisions of subsequent treaty necessary

  • In Favour of Assessee
  • Citation Number : TS-585-HC-2017(KAR)
  • Tax Payer : Apollo Tyres Ltd
Supreme Court

SC:Dismisses Revenue's SLP against HC quashing Sec.153C notice on Pepsi Foods absent 'satisfaction'

  • In Favour of Assessee
  • Citation Number : TS-584-SC-2017
  • Tax Payer : Pepsi Foods Pvt Ltd
Income tax Appellate Tribunal

ITAT:Holds assessee as 'investor' in shares, rejects taxation of gains as 'business income'

  • In Favour of Assessee
  • Citation Number : TS-583-ITAT-2017(Kol)
  • Tax Payer : Everest Finance & Investment Co.
Income tax Appellate Tribunal

ITAT:Deletes penalty u/s 271(1)(c) for failure to disclose part-payment on land deal

  • In Favour of Assessee
  • Citation Number : TS-582-ITAT-2017(ASR)
  • Tax Payer : Gurdev Singh
Income tax Appellate Tribunal

ITAT:Allows deduction of administrative/selling expenses; Refers ICAI guidance-note for real-estate projects

  • In Favour of Assessee
  • Citation Number : TS-581-ITAT-2017(DEL)
  • Tax Payer : Somnath Buildtech Pvt. Ltd
High Court

HC:Confirms Sec. 68 addition, private company cannot feign ignorance of its investors' identity

  • In Favour of Revenue
  • Citation Number : TS-580-HC-2017(ALL)
  • Tax Payer : Prem Castings (P) Ltd.