Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


Zoos and Parks Authority of Telangana v. CIT (E) (2023)457 ITR 560 (Telangana)(HC)

S. 220 : Collection and recovery-Assessee deemed in default-Stay-Discretion should be used in judicious manner.[S. 220(6), Art. 226]

Prasad Film Laborator Pvt. Ltd. v. CIT (2023)457 ITR 747 /157 taxmann.com 309 (Telangana)(HC)

S. 220 : Collection and recovery-Assessee deemed in default-Waiver of interest-Depreciation-Condition not fulfilled-Order
Favouring: Assessee, personof partial waiver is valid. [S. 220(2A), Art. 226]

Hapag Lloyd India Pvt. Ltd. v. Dy. CIT (IT) (2023)457 ITR 376 /152 taxmann.com 246 (Bom)(HC)

S. 201 : Deduction at source-Failure to deduct or pay-Non-Resident-Non-Resident not liable to tax in India-Tax not deductible at source-Precedent-Revenue Officials are bound by the decisions of appellate authorities.[Art. 226]

Kuni Sahoo (Smt.) v. UOI (2023)457 ITR 777 / 331 CTR 258/ 223 DTR 1/ 147 taxmann.com 237(Orissa)(HC)

S. 194A : Deduction at source-Interest other than interest on securities-Interest on compensation awarded by Motor Accidents Claims Tribunal-Interest assessable only if it exceeds fifty thousand rupees.[S. 145A(b), 194A(3)(ixa), Motor Vehicles Act, 1988, Art. 226]

Prakash B. Kamat v. PCIT (2023)457 ITR 150 / 151 taxmann.com 344 (Bom)(HC)

S. 179 : Private company-Liability of directors-Recovery of tax-Burden of proof-Non-recovery of tax was not attributable to gross negligence, misfeasance or breach of duty by directors Initiation of action after period of eight years-Order and revision order is quashed. [S. 264, Art. 226]

Alliance Broadcasting Pvt. Ltd. v. ACIT (2023)457 ITR 385 /152 taxmann.com 292 / 334 CTR 448/ 224 DTR 377 (Mad)(HC)

S. 153C : Assessment-Income of any other person-Search-Examination of disputed questions of fact-Alternative remedy-Writ petition is dismissed.[S. 144 153A, Art. 226

PCIT v. Pilot Industries Ltd. (2023)457 ITR 437/146 taxmann.com 233 (Delhi)(HC) Editorial: Order in DCIT v.Pilot Industries Ltd(2022) 27 ITR (Trib)-OL 467 (Delhi), affirmed

S. 153A : Assessment-Search-Statement made during search has evidentiary value but by itself cannot be basis for assessment-Assessment completed before search-No incriminating material was found-Distinction between scrutiny assessment under section 143() and summary assessment under section 143(1) is irrelevant for the purpose of section 153A-Addition is not justified-Question of fact. [S. 132,132(4), 143(1), 143(3), 260A]

PCIT v. PGF Ltd. (2023)457 ITR 607 /156 taxmann.com 24 (Delhi)(HC)

S. 153A : Assessment-Search-No incriminating material was found during search-Original assessment completed-Order is not valid. [S. 132]

PCIT v. Kavita Agarwal (Ms.) (2022) 143 taxmann.com 404 / (2023) 457 ITR 112 (Delhi)(HC)

S. 153A : Assessment-Search-No incriminating material found during search-Statement recorded under Section 132(4) does not constitute incriminating material-Completed assessment-Addition is not valid. [S. 132, 132(4)]

Asian Paints Ltd. v. ACIT (2023)457 ITR 626 /155 taxmann.com 627 (Bom)(HC)

S. 151 : Reassessment-Sanction for issue of notice-Notice issued after expiry of six years from assessment year-Sanction of Additional Commissioner-Sanction is not valid-Taxation and other Laws (Relaxation and Amendment Of Certain Provisions) Act, 2020 is not applicable.[S. 148, 151(1), Art. 226]