Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


CIT v. UTV News Ltd. (2020) 117 taxmann.com 137 (Bom.)(HC) CIT v. Zee Entertainment Enterprises Ltd (2020) 117 taxmann.com 131 (Bom.)(HC) CIT v. Zoom Entertainment Network Ltd. (2020) 117 taxmann.com 111 (Bom.)(HC) Editorial : SLP of revenue is dismissed due to low tax effect, CIT v. UTV News Ltd. (2020) 272 Taxman 114 (SC),CIT v. Zee Entertainment Enterprises Ltd. (2020) 272 Taxman 116 (SC), CIT v. Zoom Entertainment Network Ltd. (2020) 272 Taxman 101 (SC)

S. 194C : Deduction at source-Contractors-Cable operator /MSO/DTH operators-Payment is covered under section 194C and not under section 194J. [S. 194J, 201 (1A)

CIT v. Bagga Distilleries Hyderabad (P.) Ltd. (2020) 113 taxmann.com 602 (AP&T) (HC) Editorial : SLP of revenue is dismissed, CIT v. Bagga Distilleries Hyderabad (P.) Ltd. (2020) 270 Taxman 93 (SC)

S. 158BFA : Block assessment-Penalty-Addition to undisclosed income on estimate basis-Deletion of penalty is held to be justified. [S. 158BC, 158BFA(2), 158BGA(2), 271(1)(c)]

PCIT v. Dhananjay International Ltd. (2020) 114 taxmann.com 317 (Bom.)(HC) Editorial : SLP is granted to the revenue, PCIT v. Dhananjay International Ltd (2020) 270 Taxman 15 (SC)

S. 153C : Assessment-Income of any other person-Search-Share capital-Deletion of addition is held to be justified when no incriminating material was found in the course of search action. [S. 68]

PCIT v. Raj Buildworth (P.) Ltd. (2020) 113 taxmann.com 600 (Delhi) (HC) Editorial: SLP of revenue is dismissed PCIT v. Raj Buildworth (P.) Ltd (2020) 269 Taxman 383 (SC)

S. 153C : Assessment-Income of any other person-Initiation of assessment proceedings beyond period of six years from end of financial year in which satisfaction note was recorded by Assessing Officer is held to be not valid. [S. 132]

PCIT v. Munisuvrat Corporation (2020) 115 taxmann.com 264 (Guj.)(HC) Editorial : SLP of revenue is dismissed, PCIT v. Munisuvrat Corporation (2020) 272 Taxman 181 (SC)

S. 153C : Assessment-Income of any other person-Search-Not recording satisfaction-Order is illegal and void ab initio. [S. 132, 143 (3)]

PCIT v. Blue Bird Software Pvt. Ltd. (2020) 119 taxmann.com 347 (Delhi)(HC) Editorial : SLP of revenue is dismissed as withdrawn due to low tax effect, PCIT v. Blue Bird Software Pvt. Ltd. (2020) 274 Taxman 228 (SC)

S. 153A : Assessment-Search-No incriminating material was found-Addition was held to be not justified. [S. 132]

PCIT v. Vimal Kumar Rathi (2020) 115 taxmann.com 219 (Bom.) (HC) Editorial : SLP of revenue is dismissed as withdrawn due to low tax effect, PCIT v. Vimal Kumar Rathi (2020) 273 Taxman 274 (SC)

S. 153A : Assessment-Search-Scope of assessment is limited to assessing only search related income and thereby revenue was denied opportunity of taxing other escaped income that came to notice of Assessing Officer. [S. 132]

PCIT v. Amita Garg (Smt.) (2020) 114 taxmann.com 551 (Delhi) (HC) Editorial: SLP is granted to the revenue PCIT v. Devi Das Garg (2020) 270 Taxman 17 (SC)

S. 153A : Assessment-Search-No fresh material was discovered during search and seizure proceedings-Deletion of addition is held to be justified. [S.132]

PCIT v. Caprihans India Ltd. (2020) 114 taxmann.com 103 (Bom.) (HC) Editorial : SLP of revenue is dismissed due to low tax effect, PCIT v. Caprihans India Ltd. (2020) 269 Taxman 385 (SC)

S. 153A : Assessment-Search-Completed assessment could not be abated unless some incriminating evidence or material was found during search qua additions made by Assessing Officer. [S. 132]

PCIT v. Gahoi Dal & Oil Mills (2020) 117 taxmann.com 117 (MP)(HC) Editorial : SLP is granted to the revenue, PCIT v. Gahoi Dal & Oil Mills (2020) 272 Taxman 521 (SC)

S. 153A : Assessment-Search-No incriminating material was found-Addition is held to be not valid. [S. 132]