These judgements are uploaded by our esteemed readers. If you have a judgement on an important topic that you would like to share with others, please use this form to upload it
CIT,Chennai Vs S.Muthu Palaniappan Chettinad Housing No 1(Madras High Court)
Madras High Court : CIT,Chennai Vs S.Muthu Palaniappan Chettinad Housing No 1 Forum-Madras High Court Date 22.04.2021 Sub-Whether open terrace in a private house can be included within the area for computing the built up area for the purpose of deduction u/s 80IB(10) and whether the time limit for building plan approval has to be computed from the last… Read More ...
Assistant Commissioner of Income Tax vs.Hirapanna Jewellers (ITA No.253/Viz/2020)
Honourbale Vishakapatanam Tribunal: Can addition be made U/s. 68 where cash have been deposited in Bank out of cash sales and shown as revenue receipt and offered as Income ? Read More ...
Aafreen Fatima Fazal Abbas Sayed vs. ACIT, Circle 23(1), Mumbai and Anr. [Writ Petition (L) No: 6096 of 2021], Order dated 08.04.2021 (Bombay)(High Court)
Bombay High Court : Revision application – Sec 264 of the Income Tax Act, 1961 – the revision application under sec 264 cannot be rejected without deciding the same on merits if the Assessee’s case does not fall in the exceptions provided under sec 264(4) of the Act. Read More ...
CIT-Chennai Vs Income-tax Settlement Commission & Ors (Madras High Court)
Madras High Court : Commissioner of Income-tax, Chennai-III Vs Income-tax Settlement Commissioner & Ors Forum Madras High Court Date 30th April, 2021 Sub-Whether an assessee can be permitted to file settlement application immediately after filing of return of income even when no notice for scrutiny assessment has been issued An interesting issue arose in this case when the assessee… Read More ...
Sew Infrastructure Limited Vs Director General of GST
Telangana High Court : *Sub-Whether Income-tax refunds can be adjusted by the department against outstanding dues of Service-tax* *Forum- Telangana High Court* *Date- 28th April, 2021* *Citation-Sew Infrastructure Limited Vs Director General of GST* An interesting issue arose in this case where the applicant was liable to a substantial amount of Income-tax refund and simultaneously had filed an application… Read More ...
Suresh Kumar Lakhotia vs. National e-Assessment Centre & Ors. (Bom.)(HC)
Bombay High Court : High Court accepts plea regarding glitches in the operation of faceless assessment procedure. On the ground that request for personal hearing was not taken into consideration and the assessee was asked to respond to the draft assessment order over the weekend which period was subject to lockdown on account of COVID-19, the High Court has… Read More ...
Parag Kishorchandra Shah Vs. The National Faceless Assessment Center & Ors. (Bombay High Court)
Bombay High Court: Learned counsel for the Petitioner submits that the impugned order has been passed without giving proper opportunity of hearing, despite the same had been sought. He submits that the order is not in adherence to principles of natural justice and the prescribed procedure. In view of aforesaid, till the returnable date, further action pursuant to… Read More ...
DCIT, Circle-6(1), Kolkata Vs. Shri Saroj Kumar Poddar (ITAT Kolkata)
ITAT Kolkata: FIRST INTERIM ORDER BY ITAT KOLKATA - DIRECTION TO REVENUE Kolkata bench first of its kind order on the subject of endless adjournments by revenue on pretext of covid 19 and resultant pains to tax payer languishing for justice held remarkably That 4.1. The Revenue is also raising strong objections, without any valid ground, for… Read More ...
PARVIN KUMAR BATTA versus DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 25 DELHI (Delhi High Court)
Delhi High Court: FIRST AND LANDMARK - DELHI HIGH COURT - WRIT ADMITTED IN 153C CASE OF NON SEARCHED PERSON FOR NOT SUPPLYING SATISFACTION NOTE AND STATEMENT WITH ASSESSMENT ORDER WRIT ADMITTED IN 153C CASE OF NON SEARCHED PERSON FOR NOT SUPPLYING SATISFACTION NOTE AND STATEMENT WITH ASSESSMENT ORDER (ii) That, although, the impugned assessment order refers to… Read More ...
DCIT v. Bengal Shapoorji Housing Development Pvt. Ltd. (ITA No. 4369/Mum/ dt 22-3-2021 (AY. 2013-14 )
Mumbai Tribunal : S. 23 : Income from house property- Annual value-Builder-Stock in trade- Addition of notional rent estimated by the Assessing Officer in respect of unsold flats which are held as stock-in trade is held to be not valid. [S. 22, 23(5), 24] The assessee is in the business of construction of housing flats . The Assessing… Read More ...