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Archive for the ‘Income-Tax Act’ Category


Pluralsight LLC v. Dy. CIT (2023)106 ITR 70 (SN)/ 156 taxmann.com 436 (Bang) (Trib)

S. 9(1)(vi): Income deemed to accrue or arise in India-Royalty-Providing online technology learning platform on its website-Subscription fee is not consideration for use or right to use any industrial, commercial or scientific equipment-Subscription revenue received is not taxable as royalty–DTAA-India-USA [art. 12(3) ]

Aircon Beibars (Fze) v. Dy.(IT) (2023)106 ITR 16 (SN)/ 153 taxmann.com 41 (Delhi) (Trib)

S. 9(1)(vi) : Income deemed to accrue or arise in India-Royalty-Non-Resident-Lease of Helicopter to Indian entity-Royalty income could not be added on notional basis-DTAA-India-United Arab Emirates. [Art. 12]

Ramesh Kumar Ae v. ITO (IT) (2023)106 ITR 53 (SN)(Chennai ) (Trib) Kalyana Murugan Arumugam v. ITO (IT) (2023)106 ITR 53 (SN)(Chennai )(Trib) Sundarrajan Ventatesan v. ITO (IT) (2023)106 ITR 53 (SN)(Chennai )(Trib) Sriram Prabhu Krishna Moorthy v. ITO (IT) (2023)106 ITR 53 (SN)(Chennai )(Trib)

S. 9(1)(ii) : Income deemed to accrue or arise in India-Salaries-Employed with Company in India-Sent to China on assignment-Salary paid in India by employer-Salary earned for services in China is not taxable in India-DTAA-India-China. [S. 5(2), Art. 15(1) 23]

Adobe Systems Software Ireland Ltd v. ACIT (IT ) (2023)106 ITR 475 / 150 taxmann.com 437 (Delhi)(Trib)

S. 9(1)(i) : Income deemed to accrue or arise in India-Business connection-Non-Resident-Supply of software and automated services-Arm’s length-Attribution of profits-DTAA-India-Ireland . [ S.92C , art.5, 11 ]

Asst. CIT v. Cosmo Films Ltd. (2023)106 ITR 10 (SN)(Delhi) (Trib)

S. 4: Charge of income-tax-Sales tax subsidy-Capital receipt-Depreciation-Actual cost-Sales tax subsidy is not to be reduced from block of assets. [ S. 2(11), 32 ]

G. G. Continental Trades P. Ltd. v. Dy. CIT (2023)106 ITR 356 / 156 taxmann.com 275 (Amritsar) (Trib) G. G. Oil And Fats P. Ltd. v .Dy. CIT (2023)106 ITR 356 (Amritsar) (Trib)

S. 2(22)(e): Deemed dividend-Unsecured loan-Current account-Regularly providing funds to group concern-Tax deducted ta source on interest-Cannot be assessed as deemed dividend.

Dhansukhlal Maganlal Dhangar v. ITO (2023)105 ITR 51 (SN)/224 TTJ 41 (UO)(SMC) (Surat) (Trib)

S. 270A : Penalty for under-reporting and misreporting of income-Leave encashment-Bona fide belief about exemption-Mere addition-Levy of penalty is deleted. [S.10(10AA), 80TTB]

Rajkumar Impex P. Ltd. v. PCIT (2023)105 ITR 1 (SN)(Chennnai) (Trib)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Bad Debts-Slump sale-Specific query was raised in the assessment proceedings-Not a case of no enquiry-Revision order is quashed. [S.2(42C), 28(i) 36(1)(vii),37, 50B, 143(3)

Ganpati International v. PCIT (2023)105 ITR 266(Chd) (Trib)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Loans-Creditors-Opinion of internal audit machinery not binding on him-Revision is quashed. [S. 143(3)]

Angelica Properties P. Ltd. v. Add. CIT (2023)105 ITR 442 (Pune) (Trib) Vason Engineers Ltd v. Add. CIT (2023)105 ITR 442 (Pune) (Trib)

S. 251 : Appeal-Commissioner (Appeals)-Powers-Power to enhance income-Capital gains as business income-Failure to issue show cause before enhancement-Enhancement is not valid-Treatment of lease rent as business income is not sustainable. [S. 28(i), 45, 251 (2)]