Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


PCIT v. Harsh International Pvt. Ltd. (2021) 431 ITR 118 (Delhi)(HC)

S. 271(1)(c) : Penalty – Concealment – Quantum addition challenged in appeal to High Court –Substantial question of law – Debatable – Levy of penalty is held to be not justified [ S.260A

Prabhudas Veljibhai Chaudhari v. PCIT (2021) 431 ITR 246 (Guj)(HC)

S. 264 :Commissioner – Revision of other orders – Rejection of application on ground of bar of limitation – Failure to decide revised capital gains- Matter remanded to decide the issue on section 50C [ S. 50C, 54 , Art , 226 ]

Sutures India Pvt. Ltd. v. CIT (2021) 431 ITR 332 / 278 Taxman 112(Karn)(HC)

S. 263 : Commissioner – Revision of orders prejudicial to revenue -Assessing Officer taking one of two possible views on issue — Order not erroneous — Commissioner cannot set aside order .[ S.80IA, form 10CCB ]

Harman Connected Services Corporation India Pvt. Ltd. v. CIT. (2021) 431 ITR 401/ 198 DTR 144/ 319 CTR 24 (Karn)(HC)

S. 263 : Commissioner – Revision of orders prejudicial to revenue – Deduction granted on a wrong view of the Law —Revision is held to be justified [ S.10A ]

Adarsh Co-Operative Bank Ltd. v. ITO (2021) 431 ITR 71/ 197 DTR 308/ 318 CTR 510 / 279 Taxman 488(Guj)(HC)

S. 260A : Appeal – High Court – Delay of 342 days – Retirement of Officer – Delay was condoned with cost .

Dolphin Metal (India) Ltd. v. ITO (2021) 431 ITR 666/ 280 Taxman 21 (Guj)(HC)

S. 254(1) : Appellate Tribunal – Duties- Delay in filing appeal -Tribunal cannot dismiss appeal for non-prosecution[ S.253,254(2), ITAT R. 24, Art , 226 ]

PCIT . v Subex Technologies Ltd. (2021) 431 ITR 592/ 280 Taxman 294 (Karn)(HC)

S. 254(1) : Appellate Tribunal – Duties- Deletion of disallowance without giving reasons – Order not valid – Matter remanded . [ S.40(a)(ia)]

CIT v. Anantha Refinery Pvt. Ltd. (2021) 431 ITR 64 / 319 CTR 205/ 198 DTR 241 / 278 Taxman 208 (Karn) (HC)

S. 254(1) : Appellate Tribunal – Duties- Allowing the expenditure without examining the evidence – Perverse order – Matter remanded .[ S.37 (1), 132,153A ]

B. Fouress (P.) Ltd v. Dy. CIT (2021) 431 ITR 344/ 279 Taxman 412 (Karn)(HC)

S. 254(1) : Appellate Tribunal – Duties- Business expenditure — Commission payments — Order passed without considering the material and application of mind -Matter remanded to Tribunal

CIT v. Annapurani Hariharan( Smt.) (2021) 431 ITR 213 (Mad)(HC)

S. 246A : Appeal – Commissioner (Appeals) – Appealable orders -Mandatory E-Filing of appeal – Manual appeal filed in time but E-Filed with delay — Appellate Tribunal remanding matter with direction to condone the delay – Order of Appellate Tribunal is affirmed .[ R.45]