Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


ITO v. S.A. Singh & CO (2024) 227 TTJ 561 / 240 DTR 250 / 38 NYPTTJ 10 (Chd)(Trib)

S. 194C : Deduction at source-Contractors-Freight charges to transporters on behalf of third party under tripartite agreement-Provision is not attracted. [S. 201(1), 201(IA) ]

Dy.CIT v. Gajendra Singh(2023) 37 NYPTTJ 1729 / (2024) 227 TTJ 690 / 237 DTR 122 (Delhi)(Trib)

S. 153C : Assessment-Income of any other person-Search-Not mention of Document Identification No (DIN) in the assessment order-Subsequent separate communication of DIN is a superfluous exercise-Order invalid hence quashed-Circular No. 19 of 2019, dt. 14th Aug., 2019. [S.119, 292B ]

Bhushan Ravindra Dandavate v. Dy.CIT(2023) 37 NYPTTJ 1660 / (2024) 227 TTJ 1005 / 234 DTR 125 (Pune)(Trib)

S. 153C : Assessment-Income of any other person-Search-Cash found in the premises-Cash kept for safe custody-No evidence produced to substantiate the claim-Addition is affirmed.

Mewar Hospital (P) Ltd. v. ACIT (2023) 37 NYPTTJ 1438/ (2024) 227 TTJ 145 (Jodhpur)(Trib)

S. 153A: Assessment-Search-No incriminating documents-Loose sheet-Not estimate actual expenditure-Addition is not valid-Protective addition-Addition is confirmed in the assessment of director-No protective addition can be made in the assessment of the Company.

ACIT v. Greater Kailash Hospital (P) Ltd (2023) 157 taxmann.com 644 (2024) 227 TTJ 398 / 234 DTR 200 / (Indore)(Trib) ACIT v. Dr. Anil Bandi (2023) 157 taxmann.com 644 (2024) 227 TTJ 398 / 234 DTR 200 / (Indore)(Trib) ACIT v. Dr.Raddhika Bandi (2023) 157 taxmann.com 644 2024) 227 TTJ 398 / 234 DTR 200 (Indore)(Trib)

S. 153A: Assessment-Search-Admitted as undisclosed income-Not retracted-Order of CIT(A) deleting the addition is set aside. [S. 68]

Uttarakhand Purv Sainik Kalyan Nigam Ltd. v. ITO (2023) 37 NYPTTJ 1627 / (2024) 227 TTJ 252 / 233 DTR 340 (Dehradun) (Trib)

S. 151 : Reassessment-Sanction for issue of notice-No approval is obtained before issue of reassessment notice-Re assessment is quashed as void ab-initio. [S. 147, 148]

ITO v. Bishambhar Dayal Agrawal (2024) 227 TTJ 38 (UO)/ 161 taxmann.com 1063 (Raipur) (Trib)

S. 147: Reassessment-Within four years-Change of opinion-No new tangible material-Performance guarantee-Deposit-Addition was deleted on merits by CIT(A)-Additional legal ground on reassessment is admitted-Reassessment is quashed on the ground of change of opinion. [S. 37, 69, 148, 254(1), ITAT R 1963.R. 27]

Creative World Telefilms Ltd. v. Dy.CIT (2024) 227 TTJ 377 / 239 DTR 290 / 38 NYPTTJ 22 (Mum)(Trib)

S. 147: Reassessment-Change of jurisdiction-Notice is issued by the Assessing Officer who had jurisdiction-Later case was decentralized-No objection was raised before the Assessing Officer-Ground of jurisdiction is rejected [S. 120, 124, 127 148, 149, 151, 282, 282A, General Clauses Act, 1897, S. 27]

ITO v. K. Murugan (2023) 37 NYPTTJ 861 / (2024) 227 TTJ 121 / 233 DTR 72 (Chennai)(Trib)

S.147: Reassessment-After the expiry of four years-Audit objection-Re assessment is valid.[S. 148]

Shivalik Educational & Placement Services (P) LTD. v ACIT (2023) 37 NYPTTJ 1671 /(2024) 227 TTJ 704 / 237 DTR 86 (Delhi)(Trib)

S. 143(3): Assessment-limited scrutiny through CASS-Cash credits-The Assessing Officer cannot make addition other than the issue covered under limited scrutiny-CBDT Instruction No. 5 of 2016, dt. 14th July, 2016 [S. 143(2)]