Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


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]

Nippon Steel Engineering Co. Ltd., In Re (2021) 431 ITR 453 (AAR)

S. 245R : Advance rulings – Transaction include more than one related transaction – Payment for offshore supply made outside country in foreign currency — Income did not accrue or arise in India – Employees who had signed contracts not dependent agents —Income from offshore supply of equipment not taxable in India – DTAA – India -Japan- No power to review order — Department not raising objection at time of admission of application — Authority cannot review order of admission. [ S . 9(1)(1), 245N(a), General Clauses Act, 1897, S. 13, ITRule , 44E(4), Art, 5 ]

Mettler Toledo Gmbh, In Re (2021) 431 ITR 87 (AAR)

S. 245R : Advance rulings Non-Resident —Capital gains – Proposed transfer without consideration – Liability To Tax On Capital Gains Arises In Hands Of Transferor — Tax Leviable In India On Capital Gains From Alienation Of Indian Shares — Tax Required To Be Deducted At Source- DTAA-India – Switzerland [ S.9(1)(i), 45, 47 (ii), 92B,195, Art, 23(1)(b)]

Graphite India Ltd., In Re (2021) 431 ITR 597 /198 DTR 233/ 319 CTR 148 / 279 Taxman 371(AAR)

S. 245R : Advance rulings – Application – Maintainability — Pendency of proceedings – Notice under Section 143(2) issued prior to filing of application – Application not maintainable —Issue pending in single year renders application for another ineligible for admission [ S.80IA, 143(2), 245R (2)]

TSI Business Parks Hyderabad Pvt. Ltd. v .ADIT (CPC ) (2021) 431 ITR 654/ 201 DTR 171/ 320 CTR 642/ 278 Taxman 297 (Telangana) (HC)

S. 245 : Refund- Set off of refunds against tax remaining payable – Stay of recovery proceedings -Prior intimation regarding proposed adjustment