Author: ksalegal

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Bihar State Text Book Publishing Corporation v. CIT (2020) 428 ITR 143 / 317 CTR 354/ 121 taxmann.com 173 / 195 DTR 134/ (2021) 276 Taxman 173 (Pat.)(HC)

S. 10(23C) : Educational Institution-Surplus utilized for educational purposes-Entitled to exemption-Revenue should have withdrawn the petition when identical issue was decided in favour of assessee in earlier year. [S. 10(23C)(iiiab), 254(1)]

DIT(IT) v. Jeans Knit Pvt. Ltd. (2020) 428 ITR 285/317 CTR 1/194 DTR 265 / 119 taxmann.com 305(Karn.)(HC)

S. 9(1)(vii) : Income deemed to accrue or arise in India-Fees for technical services-Export of garments-Inspecting garments, ensuring quality and export- Income received by non-resident not taxable in India-DTAA -India -Hong Kong [S. 260A, Art , 12 ]

CIT v. Voltech Projects Pvt. Ltd. (2020) 428 ITR 270 (Mad.)(HC)

S. 4 : Charge of income-tax-Accrual of income-Mercantile System of accounting-Retention money on contract-Cannot be included as income. [S. 5, 145]

Areva T & D India Ltd. v. CIT (2020) 428 ITR 1/317 CTR 633/195 DTR 361 (Mad.)(HC) Editorial: SLP is granted to the revenue , CIT v. Areva T & D India Ltd ( 2021 ) 281 Taxman 217 ( SC) , Finance Act, 2021 inserted , Explanation 3.—For the purposes of this clause, “transfer” shall have the meaning assigned to it in clause (47)

S. 2(42C) : Slump sale-Capital gains-Exchange Assets transferred to subsidiary Company in accordance with scheme approved by High Court – No slump sale for purposes of capital gains tax. [S. 45, 50, 50B, Sale of Goods Act, 1930, S 2(10), Transfer of Property Act, 1882, S.54, 118, Companies Act, 1956, 391, 394]

CIT v. T. Abdul Wahid and Co. (2020) 428 ITR 456 / 275 Taxman 101 / ( 2021 ) 199 DTR 515(Mad.)(HC)

S. 2(22)(e) : Dividend-Deemed dividend-Not a share holder of lender company–Loan not assessable as deemed dividend.

ICDS Ltd v. CIT ( 2020) 10 SCC 529 Editorial. Order in CIT v. ICDS Ltd , ITA No. 353 of 2001 dt 18 -9 2007 ( Kran) (HC) is reversed .

Interpretation -Natural Justice – Audi Alteram Partem – Right of hearing – Cross -Examination – Matter remanded to first Appellate Authority .[IT Act , 1961 , S. 226 (3) ]

Britannia Industries Ltd v. Bombay Agricultural produce Marketing Committee ( 2020)) 11 SCC 623

Maharashtra Agricultural Produce Marketing ( Regulation ) Act , 1963 ( 20 of 1964)

S. 2(1) (a): Agricultural produce – Sugar – Edible oil and Vanaspati – Agricultural produce .

Kudrat Sandhu v.UOI ( 2020) 6 SCC 251 Kudrat Sandhu v.UOI ( 2020) 6 SCC 254

Tribunal -Courts , Tribunal and Judiciary – Appointment and selection – Clarification of order dt 9-2 2018 in Kudrat Sandhu (2018) 4 SCC 346, pars 1 and 2 .

Madras Bar Association v .UOI ( 2020) 6 SCC 247

Appellate Tribunals and Other Authorities ( Conditions of Service ) Bill , 2014 .

Tribunal -Courts , Tribunal and Judiciary – Appointments in certain Tribunals requiring immediate attention .

Rojer Mathew v . South Indian Bank Ltd , Referred by its Chief Manager and Ors ( 2020) 6 SCC 1

Finance , Act , 2017

S. 184 : Merger of Tribunals and other Authorities and Conditions of Service of Chairpersons , Members etc – Excessive delegation – Whether Unconstitutional- Courts , Tribunals and Judiciary -Appointment process -Independence of Judiciary [ S.183 , Constitution of India , Art . 124, 214, 216, 226, 323-A ,323-B ]