Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


Premlata Soni ( Smt.) v . NEAC (2022) 440 ITR 578 (MP) (HC)

S. 151 : Reassessment – After the expiry of four years – Sanction for issue of notice – Recording of separate reasons not necessary – Reassessment notice is held to be valid . [ S. 147, 148 , Art , 226 ]

JRS Pharma and Gujarat Microwax Pvt. Ltd. v. Dy.CIT (2022) 440 ITR 557 (Guj) ( HC)

S. 147 : Reassessment –With in four years- Where the necessary details were disclosed, reopening is not valid. [ S. 148, Art , 226 ]

Bankim Bhagwanji Chaauhan v. ITO (2022) 440 ITR 485 (Guj) ( HC) Bankim Bhagwanji Chaauhan v. ITO (2022) 440 ITR 485 (Guj) ( HC)

S. 147 : Reassessment –With in four years- Where the necessary details were disclosed, reopening is not valid. [ S. 54, 148, Art , 226 ]

Rich Feel Health and Beauty Private Limited v. ITO (2022) 440 ITR 41/ 284 Taxman 286 (Bom) ( HC)/Editorial: SLP of Revenue dismissed , ITO v. Rich Feel Health & Beauty (P.) Ltd (2023) 291 Taxman 203 (SC)

S.147: Reassessment – Two assessment years reopened – One with in four years – One after the expiry of four years – Condition Precedent — Primary facts necessary for assessment fully and truly disclosed — AO had applied his mind – Not open for the AO to reopen assessment based on very same material and to take a different view – Notices for reopening on change of opinion – Invalid [S. 148, Art , 226 ]

Coca-Cola India P. Ltd. v. DCIT (2022) 440 ITR 20 (Bom) ( HC)

S.147: Reassessment – After the expiry of four years – Condition Precedent — Notice not specifying failure to disclose any material facts truly and fully by assessee — Notice and subsequent order invalid. [S. 148, Art , 226 ]

Inder Prasad Mathura Lal v. NEAC (2022) 440 ITR 73 (Raj) ( HC) Inder Prasad Mathura Lal v. NEAC (2022) 440 ITR 73 (Raj) ( HC)

S. 144B : Faceless Assessment – Contention of denial of opportunity of personal hearing requested by Assessee — Assessment order stayed.[ Art , 226 ]

Sribasta Kumar Swain v .UOI (2022) 440 ITR 545 (Orissa) (HC) Sribasta Kumar Swain v .UOI (2022) 440 ITR 545 (Orissa) (HC)

144B: Faceless Assessment –Mandatory condition – Assessment order passed without passing the draft assessment order – Assessing Officer was directed to pass a fresh order , after complying with requirement of section 144B .[ S. 143 (3), Art , 226 ]

Deepak Garg v. UOI (2022) 440 ITR 575 (Delhi) ( HC )Deepak Garg v. UOI (2022) 440 ITR 575 (Delhi) ( HC )

S. 143(3) : Assessment –Show cause notice granting time of only four days – Assessment order passed in violation of principles of natural justice to be set aside. [ Art , 226 ] S. 143(3) : Assessment –Show cause notice granting time of only four days – Assessment order passed in violation of principles of natural justice to be set aside. [ Art , 226 ]

Varun Raj Pillai v. PCIT (2022) 440 ITR 47 / 211 DTR 45/ (2022) 325 CTR 45/285 Taxman 242(Gauhati )( HC)/Rajendra Pillai .M.K. v.PCIT ( 2022) 2022) 440 ITR 47 / 211 DTR 45/ 325 CTR 45/285 Taxman 242 (Gauhati )( HC)/Valsala Raj Pillai (Smt) v.PCIT ( 2022) 2022) 440 ITR 47 / 211 DTR 45/ 325 CTR 45/285 Taxman 242 (Gauhati )( HC) Editorial : Decision of single judge in M.K. Rajendran Pillai v. PCIT ( 2020) 421 ITR 274 ( Gauhati ) (HC) is affirmed .

S. 127 : Power to transfer cases – Assigning of reasons in notice — Search proceedings showing that assessee residing in Nagaland and had financial interests in Kerala — Transfer for purposes of co-ordinated investigation — Cogent and credible reasons assigned in notice — Notice sent to registered office in Kerala and received by Assessee — Order for transfer valid .[S. 132, ITR 127, Art, 226 ]

Hosdurg Range Kallu Chethu Thozhilali Vyavasaya Sahakarana Sangham v. CIT (2022) 440 ITR 65 / 285 Taxman 133 (Ker) (HC)

S. 80P : Co-operative societies – Society formed for enabling financial and social welfare of toddy tappers and workers for tapping and selling toddy — Could not be considered co-operative society engaged in collective disposal of labour of its members — Eligibility of assessee for deduction as society engaged in marketing of agricultural produce grown by its members — Matter remitted to Tribunal.[S.80P(2)(a)(vi) ]