Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


Fuaad Musvee v. PCIT (2023) 455 ITR 243/ 335 CTR 217 /147 taxmann.com 426 (Mad)(HC)

S. 220 : Collection and recovery-Assessee deemed in default-Waiver of interest Tax paid through the PAN of minor son-Denying the credit is not justified-Directed to waiver of interest.[S.64, 220(2A), 244A, Art. 226]

Milan Arvindbhai Patel v.ACIT (2023) 455 ITR 82 / 149 taxmann.com 190 (Guj)(HC)

S. 205 : Deduction at source-Bar against direct demand-Employer deducted tax at source from salary-Not paid to Government Entitled to refund with interest. [S. 156, 192,199, 237, Art. 226]

CIT (IT& TP) v. IJM Corporation Berhad (2023)455 ITR 357 / 293 Taxman 451 (SC) Editorial: SLP of Revenue dismissed, IJM Corporation Berhad v.UOI (MP)(HC) (WP.No.19315 of 2017 dt. 11-2-2020)

S. 201 : Deduction at source-Failure to deduct or pay-Recipient of income assessed at loss-Not liable to pay tax-Deductor is not liable to pay interest-Direction to department to refund the sums collected with interest-SLP of Revenue is dismissed. [S. 195,197, 201(1), 201(IA), 243, 244A, Art. 136]

PCIT v.LKG Builders Pvt. Ltd. (2023)455 ITR 520 (Delhi)(HC) Editorial : Affirmed PCIT v.Abhisar Buildwell P. Ltd (2023)454 ITR 212 (SC)

S. 153A : Assessment-Search-Block assessment-Non-abated assessments-No incriminating materials was found-Addition cannot be made. [S. 132]

PCIT v. S. P. Singla Construction Pvt. Ltd. (2023)455 ITR 745/153 taxmann.com 688 (Delhi)(HC)

S. 153A : Assessment-Search-No incriminating material found during search-Assessment finalised prior to search-Addition is not valid.[S.260A]

PCIT v. S. S. Con Build Pvt. Ltd. (2023)455 ITR 506 /293 Taxman 491 (SC) Editorial: PCIT v S. S. Con Build Pvt. Ltd(Delhi)(HC)(ITA No. 57 of 2022 dt 22-3-2022), affirmed.

S. 153A : Assessment-Search-Cash credits-No incriminating materials-SLP of Revenue is dismissed-Order of High Court dismissing the appeal of the Revenue is affirmed. [S. 68, Art. 136]

Vinod Lalwani v.UOI (2023)455 ITR 738/331 CTR 458/ 222 DTR 331 /148 taxmann.com 204 (Chhattisgarh)(HC)

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Details of information and material relied is not furnished-Matter remanded. [S. 147, 148, 148A(b) 148A(d), Art. 226]

Sunny Rashikbhai Laheri v ITO (2023)455 ITR 35/148 taxmann.com 438 (Guj)(HC)

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Limitation-Amendments by Finance Act, 2021-Notice issued on 30-6-2021-Barred by limitation. [S. 147, 148, 148A(b), 148A(d), 149, The Taxation and Other Laws (Relaxation and Amendment of Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020, S. 3, Art. 226]

Sumit Jagdishchandra Agrawal v.Dy. CIT (2023)455 ITR 216 /148 taxmann.com 437 (Guj) (HC)

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Notice-Limitation-Finance Act, 2021-Notice Issued on 30-7-2022-Reopen assessments for 2013-14 and 2014-15-Barred by limitation-The 2020 Act is a secondary legislation-Secondary legislation would not override the principal legislation, the Finance Act, 2021.. [S. 147, 148, 148A(b), 148A(d), 149, 151, Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020, S. 3, Art. 226]

Somnath Dealtrade Pvt. Ltd. v. UOI (2023)455 ITR 720 (2022) 143 taxmann.com 71 (Cal)(HC)

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Principle of natural justice-Objections not considered-Notice and order is set aside. [S. 147, 148, 148A(b), 148A(d), Art. 226]