This Digest of case laws is prepared by KSA Legal and AIFTP from judgements reported in BCAJ, CTR, DTR, ITD, ITR, ITR (Trib), Chamber's Journal, SOT, Taxman, TTJ, BCAJ, ACAJ, www.itatonline.org and other journals
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S. 11 : Property held for charitable purposes-Transfer of fund to infrastructure development fund-Order of High Court affirmed-SLP of Revenue is dismissed. [S. 2(15), Art. 136]
CIT (E) v. Ghaziabad Development Authority (2023)454 ITR 803/ 293 Taxman 449 (SC) Editorial : CIT (E) v. Ghaziabad Development Authority (2022) 448 ITR 342 (All)(HC), affirmed.
S. 9(1)(vi) : Income deemed to accrue or arise in India-Royalty-Receipts from sale of software licences to Indian customers-Software receipts is not taxable as royalty-SLP of Revenue is dismissed. [Art. 136]
DIT(IT) v. Microsoft Regional Sales PTE. Ltd. (2023)454 ITR 19/ 294 Taxman 519 (SC) Editorial: DIT(IT) v. Microsoft Regional Sales PTE. Ltd. (2023)454 ITR 15 (Delhi) (HC), affirmed.