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Nimesh Maheshbhai Shah (HUF) v. ITO (2025) 476 ITR 236/171 taxmann.com 24 (Guj)(HC)

S. 147 : Reassessment-Capital gains-Borrowed satisfaction-Notice and order rejecting assessee’s objections set aside.[S. 10(38),45, 148, Art. 226]

Vishal Garg. v. ACIT (2025) 476 ITR 178 (P & H) (HC)

S. 147: Reassessment-Jurisdiction-Power to call information-Commission receipt-Incorrect assumption-Non-application of mind by Assessing Officer-Electronic system failure to record reply would not justify initiation of reassessment-Notices quashed and reassessment proceedings vitiated.[S. 133(6), 148 Art. 226]

Raajratna Stockholdings Pvt. Ltd. v. ACIT (2025) 476 ITR 228 /170 taxmann.com 473 (Guj)(HC)

S.147: Reassessment-After the expiry of four years-No failure to disclose all material facts-Borrowed satisfaction-Notice and order disposing the objection was quashed. [S. 143(3), 148, Art. 226]

Citadel Fine Pharmaceuticals Ltd v. Dy. CIT (2025) 476 ITR 193 /173 taxmann.com 142 (Mad)(HC) Editorial : Decision of single judge in Citadel Fine Pharmaceuticals Ltd v. Dy. CIT(Mad)(HC)(SJ)(W.P.Nos. 36522 and 35630 of 2016 dt. 22-4-2021,) reversed.

S.147: Reassessment-After the expiry of four years-Bad debt-Write-off of bad debt-Not required to be proven-Writ appeal allowed-Reassessment notice and order disposing the objection was quashed. [S. 36(1)(vii), 148,Art. 226]

Dy. CIT v. Gokul Agro Resources Ltd. (2025) 476 ITR 160/304 Taxman 425 (SC) Editorial :Gokul Agro Resources Ltd. v. Dy. CIT (No. 1), (2025) 474 ITR 555 (Guj)(HC)

S. 147 : Reassessment-Exchange, difference or net loss in foreign exchange transaction-Change of opinion-No tangible material-SLP of revenue dismissed, the delay of 181 was not satisfactorily explained and also on merits. [S. 143(3), 148, Form 15CA, Art. 136]

Dy. CIT v. Undercarriage and Tractor Parts Pvt. Ltd(2025) 476 ITR 3/305 Taxman 411 (SC) Editorial : Undercarriage and Tractor Parts Pvt. Ltd. v. DRP [2023] 156 taxmann. com 79/ 335 CTR 974 / (2024) 460 ITR 401 (Bom)(HC)

S. 144C : Reference to dispute resolution panel-Draft assessment order-High Court quashing directions of Dispute Resolution Panel and assessment order passed consequent thereto-SLP of revenue was dismissed.[S. 144C(2), Art. 136]

PCIT v. Vertex Customer Management India Pvt. Ltd.(2025) 476 ITR 475 (Delhi)(HC)

S. 143(3): Assessment-Non existing entity-Amalgamation-Order of DRP-Order of Tribunal annulling the assessment was affirmed. [S. 144C, 254 Companies Act, 1956, 391, 394.]

National Sewing Thread Company Ltd v Dy. CIT (2025) 476 ITR 40 (Delhi)(HC)

S. 143(3): Assessment-Resolution plan approved-No new claims by the revenue is maintainable-Order under section 143(3) of the Act was quashed and set aside. [Insolvency and Bankruptcy Code, 2016, S. 31. Art. 226]

Shaily Juneja v. ACIT [2024] 167 taxmann.com 90 / (2025) 476 ITR 665 (Delhi)(HC) Primary Real Estate Investments v. Dy. CIT [2024] 167 taxmann.com 90 / (2025) 476 ITR 665 (Delhi)(HC)

S. 143(2) : Assessment-Notice-Failure to comply with provisions of section 143(2)-Draft and final assessment order Reassessment proceedings invalid-Notice and assessment orders quashed. 143(2), 147, 148, 153A, Art. 226]

Raj Kumar Bothra v. Dy. CIT (2025) 476 ITR 249 /174 taxmann.com 1199 (Chhattisgarh)(HC)

S. 143(1)(a) : Assessment-Intimation-Delayed depositing of contribution under employees welfare Acts-Disallowance set aside Revenue granted liberty to proceed in accordance with law. [S. 2(24)(x), 36(1)(va), 143(1)(a), 143(3) Employees’ State Insurance Act, 1948-Employees’ Provident Fund and Miscellaneous Provisions Act, 1952.]