Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


CIT v. United India Insurance Co. Ltd. (2021) 438 ITR 301/(2022) 284 Taxman 598 (Mad.) (HC)

S. 234D : Interest on excess refund-Order of Assessment on 31-3-2006-Reassessment order on 26-12-2008-Interest could not be levied. [S. 2(40), 143(3), 147, 153A]

CIT(IT) v. ZTE Corporation (2021) 130 taxmann.com 128 (Delhi)(HC) Editorial : SLP of revenue dismissed, CIT (IT) v. ZTE Corporation (2021) 282 Taxman 304 (SC)/ Review petition dismissed,CIT (IT) v. ZTE Corporation (2024) 296 Taxman 571 (SC)

S. 234B : Interest-Advance tax-Non-Resident-Entire tax was deductible at source-Not permissible to charge interest. [S. 9(1)(1)]

DIT v. Mitsubishi Corporation (2021) 438 ITR 174 / 205 DTR 465 / 322 CTR 569 / 283 Taxman 273 (SC) DIT v. Mastercard International Inc. 438 ITR 174/ 205 DTR 465/ 322 CTR 569 / 283 Taxman 273 (SC) CIT v. Western Atlas International Inc. 438 ITR 174 / 205 DTR 465 / 322 CTR 569 / 283 Taxman 273 (SC) CIT v. Mastercard International Inc. 438 ITR 174 / 205 DTR 465 / 322 CTR 569 / 283 Taxman 273 (SC) CIT v. Sahara India Mutual Benefit Co. Ltd. 438 ITR 174 / 205 DTR 465 / 322 CTR 569 / 283 Taxman 273 (SC) DIT(IT) v. Calyon Bank 438 ITR 174 / 205 DTR 465 / 322 CTR 569 / 283 Taxman 273 (SC) DIT(IT) v. De Beers UK Ltd. 438 ITR 174 / 205 DTR 465 / 322 CTR 569/ 283 Taxman 273 (SC) CIT(IT) v. National Petroleum Construction Co. 438 ITR 174 / 205 DTR 465 / 322 CTR 569 / 283 Taxman 273 (SC) CIT (IT) v. Fox Networks Group Asia Pacific Ltd 438 ITR 174 / 205 DTR 465 / 322 CTR 569 / 283 Taxman 273 (SC) CIT (IT) v. Helix Energy Solutions Group Inc 438 ITR 174 / 205 DTR 465 / 322 CTR 569 / 283 Taxman 273 (SC) Alcatel-Lucent Italia SPA v. ADIT 438 ITR 174 / 205 DTR 465 / 322 CTR 569 / 283 Taxman 273 (SC) Alcatel-Lucent France v. ADIT 438 ITR 174 / 205 DTR 465 / 322 CTR 569 / 283 Taxman 273 (SC) Alcatel-Lucent USA Inc v. ADIT 438 ITR 174 / 205 DTR 465 / 322 CTR 569 / 283 Taxman 273 (SC) Alcatel-Lucent Enterprise v. ADIT 438 ITR 174 / 205 DTR 465 / 322 CTR 569 / 283 Taxman 273 (SC) Alcatel-Lucent Deutschland AG v. ADIT 438 ITR 174 / 205 DTR 465 / 322 CTR 569 / 283 Taxman 273 (SC) Alcatel Canada Inc v. ADIT 438 ITR 174 / 205 DTR 465 / 322 CTR 569 / 283 Taxman 273 (SC) Alcatel Lucent World Services Inc v. DIT (IT) 438 ITR 174 / 205 DTR 465 / 322 CTR 569 / 283 Taxman 273 (SC)

S. 234B : Interest-Advance tax-Tax deductible at source-Amount received without deduction of tax at source-Interest on short fall not leviable for assessment prior to financial year 2012-13-Proviso introduced with effect from 1-4-2012. [S. 191, 209(1)(d)]

Kavin Kumar Kandaswamy v. CCIT (2021) 282 Taxman 163 (Mad.) (HC)

S. 226 : Collection and recovery-Modes of recovery-Garnishee notice-Aggrieved person-Tax payable by defaulter-Person who has received the garnishee notice is not aggrieved person-He cannot challenge the notice he has to comply the notice by depositing dues of defaulter to income-tax department. [Art. 226]

Silicon Graphics Systems (India) Pvt. Ltd. v. PCIT (2021) 438 ITR 397 (Delhi)(HC)

S. 226 : Collection and recovery-Modes of recovery-Appeal effect to orders-direction was issued to cancel the demands and also issue refunds with interest. [S. 244A, 271(1), Art. 226]

Edelweiss Asset Reconstruction Co. Ltd. v. Tax Recovery Officer (2021) 438 ITR 568 / 205 DTR 1 / 322 CTR 137 (Bom.) (HC)

S. 226 : Collection and recovery-Modes of recovery-Attachment by income tax department-Priority of debts-Mortgaged property-Secured creditors-Income-Tax Department does not have priority of Income-tax dues-Secured creditors have priority over Income-Tax Department-The order of attachment was held to be not valid. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, S. 13(2), 13(4) Art. 226]

Poothrikka Service Co-Operative Bank Ltd. v. ITO (2021) 437 ITR 273 (Ker.)(HC) Vadavucode Farmers Service Co-Operative Bank Ltd. v. ITO (2021) 437 ITR 273 (Ker.)(HC) Mamala Service Co-Operative Bank Ltd. v. ITO (2021) 437 ITR 273 (Ker.)(HC)

S. 226 : Collection and recovery-Modes of recovery-Appeal pending before CIT (A)-Deduction-Co-operative Society-Recovery proceeding was stayed till the outcome of pendency of appeal. [S. 80P, 246A, Art. 226]

Electricity Board Employees Co-Operative Society Ltd. v. ITO (2021) 437 ITR 272 (Ker.)(HC)

S. 226 : Collection and recovery-Modes of recovery-Pendency of appeal-Stay was granted till disposal of appeal pendency of appeal [S. 246A, Art. 226]

Angadippuram Service Co-Operative Bank Ltd. v. CIT(A) (2021) 437 ITR 78 / 323 CTR 231(Ker.)(HC) Editorial : Single judge order, Kodur Service Co-Operative Bank Limited, Pattikkad Service Co-Op. Bank Ltd. v. CIT(A) (2021) 437 ITR 76/ 323 CTR 233 (Ker.)(HC) Angadipuram Service Co-Operative Bank Ltd. v. CIT(A) (2021) 437 ITR 76 (Ker.)(HC) Kadannamanna Service Co-Operative Bank Ltd. v. CIT(A) (2021) 437 ITR 76 (Ker.)(HC)

S. 226 : Collection and recovery-Modes of recovery-Stay-Deposit of portion of demand need not be insisted. [S. 220 (6),Art. 226]

Ashwani Kumar v. ITO (2021) 282 Taxman 470 /(2022) 325 CTR 221/ 445 ITR 474/ 210 DTR 290 (P & H) (HC)

S. 222 : Collection and recovery-Certificate to Tax Recovery Officer-Auction-Cash deposited was treated as unexplained investment-Amount forfeited to government account-Only in case of reauction is successful the assessee would get the benefit of sale proceeds. [Second Schedule, R. 57, 58, ,Vivaad Se Vishwas Scheme, 2020,Art. 226]