Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


Narayanachetty Roja v. PCIT (2021) 439 ITR 104 / 323 CTR 861 (AP)(HC)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Violation of principles of Natural justice-Matter remanded to PCIT [S. 143(3), Art. 226]

Ashoka Ispat Udyog v. PCIT (2021) 439 ITR 391 (Orissa)(HC)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Order passed without providing adequate opportunity to the assessee was held to be not valid-Revision order which was affirmed by the Tribunal was set aside-directed the Commissioner to pass the order in conformity with the provisions of the Act. [S. 254(1)]

PCIT v. Surya Textech (2021) 439 ITR 215 / ( 2022) 211 DTR 153/ 325 CTR 350/ 285 Taxman 309 (HP)(HC)

S. 260A : Appeal-High Court-Central Board of Direct Taxes Circulars-Question was not argued before Tribunal-Appeal is not maintainable. [S. 80IC, 268A]

Federal Mogul Goetze (India) Ltd. v. ACIT (2021) 439 ITR 204 ( 2015) DTR 107/ 327 CTRR 704 / 285 Taxman 129 (Delhi)(HC)

S. 254(2) : Appellate Tribunal-Rectification of mistake apparent from the record-Additional grounds-Order can be rectified on account of mistake of the counsel for the parties. [S. 253, Art. 226]

PCIT v. Prabha Jain (2021) 439 ITR 304 (Mad.)(HC)

S. 254(1) : Appellate Tribunal-Powers-Remand of case-Power to be used only in exceptional cases-Order of remand was set aside.

G. Rajam Chetty and Sons v. CIT (2021) 439 ITR 687 / 323 CTR 760 (2022) 285 Taxman 525 (Mad.)(HC) Editorial : Decision of single judge in CIT v. ITSC (2021) 439 ITR 684/283 Taxman 44 (Mad)(HC) set aside.

S. 245D : Settlement Commission-No procedural error committed by Settlement Commission-Order of single judge allowing the writ petition of the revenue was set aside-Order of settlement commission was affirmed. [S. 245D(4), Art. 226]

CIT v. ABB Ltd. (2021) 439 ITR 554/(2022) 284 Taxman 350 (Karn.)(HC)

S. 244A : Refund-Interest on refunds-Interest granted earlier-Directed not to charge the interest. [S. 220(2)]

Ravina and Associates Pvt. Ltd. v. Central Bureau of Investigation (2021) 439 ITR 667 / 208 DTR 25 / 323 CTR 908 (Delhi)(HC)

S. 226 : Collection and recovery-Garnishee proceedings-Criminal proceedings against assessee with reference to particular amount-Money in excess in Bank can be adjusted towards tax dues of assessee. [S. 226(4), Code of Criminal Procedure code, 1973, S. 451, 457, Indian Penal Code 1860, S 120B, 420, Art. 226]

Aiman Education and Welfare Society v. NFAC (2021) 439 ITR 651 /(2022) 284 Taxman 62 (Mad.)(HC)

S. 226 : Collection and recovery-Modes of recovery-Stay of recovery-Pendency of appeal before CIT(A)-Alternative remedy-Directed to approach the Assessing Officer for stay-Writ is not maintainable. [S. 220(6), 246, 246A, Art. 226]

PTL Enterprises Ltd. v. Dy.CIT (2021) 439 ITR 365/( 2022) 212 DTR 404 / 326 CTR 282/ 286 Taxman 169 (Ker.)(HC) .Editorial : Affirmed in PTL Enterprises Ltd. v. Dy. CIT( 2022) 443 ITR 260/286 Taxman 564 (SC)

S. 154 : Rectification of mistake-Expenditure on account of stores and spares-Omission to make addition in the assessment order-Income assessed as income from other sources and not as business income-Rectification is held to be valid. [S. 28(1), 37(1), 56]