Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


Great Eastern Shipping Co. Ltd.v. Dy.CIT (2025) 210 ITD 501 (Mum) (Trib.)

S. 201 : Deduction at source-Failure to deduct or pay-Deducting lower tax in earlier months of financial year-Short fall is made good in next month-Not liable to pay interest. [S. 192(3), 201(IA)]

Vadodara Urban Development Authority. v. ITO (TDS) (2025) 210 ITD 185 (Ahd) (Trib.)

S. 201 : Deduction at source-Failure to deduct or pay-Local Authority-Leave encashment-liable to deduct tax considering the exemption limit up to 3 lakhs-Revenue authorities are directed to recompute the quantum of tax deductible. [S.10(10AA), 201(1), 201(IA)]

DCIT v. Anand Rathi Commodities Ltd. (2025) 210 ITD 239 (Mum) (Trib.)

S. 194A : Deduction at source-Interest other than interest on securities-Intermediary between clients-Not required to deduct TDS under section 194A in respect of payment made to its clients.[S. 2(28A)]

S.R. Ingots (P.) Ltd. v. ACIT (2025) 210 ITD 254 (Raipur) (Trib.)

S. 153A: Assessment-Search-Unabated assessments-No incriminating material was found during search-Addition is deleted. [S. 14A, 132, 132A, 147, 148]

Hyundai Rotem Company Indian Project Offices v. ACIT IT, (2025) 210 ITD 326 (Delhi)(Trib.)

S. 144C : Reference to dispute resolution panel-DRP order was uploaded on ITBA portal on 26-5-2022-Assessment was to be completed on or before 30-6-2022-Assessment order passed on 1-7-2022 was null and void is barred by limitation.[S.92CA, 144C(13)]

S.R. Ingots (P.) Ltd. v. ACIT (2025) 210 ITD 254 (Raipur) (Trib.)

S. 115J : Company-Book profit-Adjustment-Exempt income-Matter remanded.[S. 14A, R.8D]

ITO v. Sumit Agrawal. (2025) 210 ITD 177 (Raipur) (Trib.)

S. 69C: Unexplained expenditure-Bogus purchases-Deletion of addition by CIT(A) is affirmed. [S. 147]

Rekha Sanjeev Bhatt v. ITO (2025)210 ITD 690 (Ahd) (Trib.)

S. 69A : Unexplained money-Cash deposit in bank-Non-Resident-Withdrawal from bank-Addition is deleted.

Rekha Sanjeev Bhatt v. ITO (2025)210 ITD 690 (Ahd) (Trib.)

S. 69 :Unexplained investments-Investment in an immovable property in India-Explained the source-Addition is deleted-Registration and stamp charges-Source explained-Addition is deleted.

Golden Moment (P.) Ltd. v. ACIT (2025) 210 ITD 484 (Delhi)(Trib.)

S. 68 : Cash credits-Produced,identity, genuineness of transaction and creditworthiness, along with confirmation and proof of regular banking channel-Lender’s failure to respond to summons alone did cannot be the ground to treat the loan as cash credits. [S. 131]