Rulings ( 15488 results )

HC:Condones delay for investing capital-gains in infrastructure bonds beyond prescribed period u/s. 54EC

  • In Favour of Assessee
  • Citation Number : TS-519-HC-2017(KAR)
  • Tax Payer : Dr.(Smt.)Sujatha Ramesh

ITAT:JV-arrangement not sham; Rs.100cr paid to JV-partners for purchasing land interest, deductible

  • In Favour of Assessee
  • Citation Number : TS-518-ITAT-2017(Mum)
  • Tax Payer : Gigaplex Estate Pvt Ltd

HC:Refuses tax recovery from funds acquired by assessee through fraud, cites trust law

  • In Favour of Assessee
  • Citation Number : TS-517-HC-2017(DEL)
  • Tax Payer : Stock Guru India Ltd

ITAT: Lease rent recovered from security deposit on settlement, eligible for Sec. 80IAB benefit

  • In Favour of Assessee
  • Citation Number : TS-516-ITAT-2017(Mum)
  • Tax Payer : Quadron Business Part Ltd

ITAT:Kenya house property income, not taxable; CBDT Notification cannot alter DTAA provisions

  • In Favour of Assessee
  • Citation Number : TS-515-ITAT-2017(Mum)
  • Tax Payer : Bank of India

ITAT:Deletes interest disallowance; Acquiring shares from MD not diversion of 'interest bearing funds'

  • In Favour of Assessee
  • Citation Number : TS-514-ITAT-2017(VIZ)
  • Tax Payer : STC Transports (Pvt) Ltd.

ITAT:Income from technology sub-licensing, a business income, not capital gains absent 'extinguishment'

  • In Favour of Revenue
  • Citation Number : TS-513-ITAT-2017(Bang)
  • Tax Payer : Bosch Limited

ITAT:Deletes undisclosed income addition for Katrina Kaif

  • In Favour of Assessee
  • Citation Number : TS-512-ITAT-2017(Mum)
  • Tax Payer : Ms. Katrina Rosemary Turcotte

ITAT:Sales-tax subsidy given to taxpayer post accomplishment of project, a revenue receipt

  • In Favour of Assessee
  • Citation Number : TS-511-ITAT-2017(DEL)
  • Tax Payer : Maruti Suzuki India Ltd.

ITAT:Allows deduction for commission paid to director-cum-shareholder, rejects treatment as 'dividend payment'

  • In Favour of Assessee
  • Citation Number : TS-510-ITAT-2017(Mum)
  • Tax Payer : S.H. Kelkar & Co. Pvt. Ltd.

ITAT:Sec.54EC deduction on minor's income permissible in addition to assessee's claim u/s. 54EC

  • In Favour of Assessee
  • Citation Number : TS-509-ITAT-2017(PUN)
  • Tax Payer : Shri Bimal Desai

ITAT:Rejects Google's plea to stay demand recovery pending proposed HC appeal, MA application

  • In Favour of Revenue
  • Citation Number : TS-508-ITAT-2017(Bang)
  • Tax Payer : Google India Pvt Ltd

HC:Explains law on hearing opportunity in Sec 263 proceedings; Sets aside Cairn India's revision

  • In Favour of Assessee
  • Citation Number : TS-507-HC-2017(MAD)
  • Tax Payer : Cairn India Ltd.

HC:HC explains law on CIT's revisionary power, rules decisively in Revenue's favour

  • In Favour of Revenue
  • Citation Number : TS-506-HC-2017(DEL)
  • Tax Payer : BSES Rajdhani Power Ltd.

HC:Dismisses writ seeking return filing without Aadhaar, rejects 'mis-reading' of SC's partial stay

  • In Favour of Revenue
  • Citation Number : TS-505-HC-2017(MAD)
  • Tax Payer : Mr. Thiagarajan Kumararaja

SC: Upholds HC order; Assessment on non-existent entity, void & not curable u/s 292B

  • In Favour of Assessee
  • Citation Number : TS-504-SC-2017
  • Tax Payer : Spice Enfotainment

HC:Sec.80-IA benefit available once 30 units located in industrial park, commencement certificate irrelevant

  • In Favour of Assessee
  • Citation Number : TS-503-HC-2017(GUJ)
  • Tax Payer : Devraj Infrastucture Ltd

ITAT:Sec. 234B/C interest payable on MAT liability, dismisses taxpayer's appeal

  • In Favour of Revenue
  • Citation Number : TS-502-ITAT-2017(DEL)
  • Tax Payer : Surya Roshni Ltd

ITAT:Providing an extract of 'reasons to believe' not sufficient, quashes re-opening

  • In Favour of Assessee
  • Citation Number : TS-501-ITAT-2017(Mum)
  • Tax Payer : Ashik Ali Husain Ali Unwala

HC: Upholds deletion of Sec. 40(A)(3) disallowance, cash purchases from individual agriculturist below prescribed-limit

  • In Favour of Assessee
  • Citation Number : TS-500-HC-2017(KER)
  • Tax Payer : Keerthi Agro Mills