Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


Aswani Enterprises v. ACIT (2023) 456 ITR 33 /294 Taxman 435 (SC) Editorial : Arising out of order, Aswani Enterprises v. ACIT (2018) 100 taxmann.com 178/ (2019) 417 ITR 223(Mad)(HC)

S. 147 : Reassessment-After the expiry of four years-Deemed dividend-Advances made earlier year-Oder of High Court affirmed-SLP is dismissed. [S. 2(22)(e), 148, Art. 136]

Open Silicon Research Pvt. Ltd. v. NFAC (2023)456 ITR 546 /154 taxmann.com 11/ 335 CTR 108 (Karn)(HC)

S. 144C : Reference to dispute resolution panel-Draft assessment order-Objections filed before Dispute Resolution Panel-Assessing Officer bound to wait for its directions-Matter restored to Assessing Officer. [S. 114C(2)(b)(ii), 144C(13), 144C(15)(b)(i), Art. 226]

Rashmi Lakhotia v. UOI (2023)456 ITR 320 / 330 CTR 648/ 221 DTR 376/148 taxmann.com 157 (Chhattisgarh) (HC)

S. 144B : Faceless Assessment-Violation of principles of natural justice-Failure to provide requested opportunity of personal hearing-Matter remanded to Assessing Officer. [S. 144B(7), Art. 226]

Ankit Kaul v. NFAC(2023)456 ITR 362 (Delhi)(HC)

S. 144B : Faceless Assessment-Violation of principle of natural justice-Failure to file the submission-Technical glitch on E. Portal-Directed to file fresh submission-and pass the order in accordance with law.[S. 144, 147, 148, Art. 226]

Grand Reality Pvt. Ltd. v ACIT (OSD) (2023)456 ITR 709 (Delhi)(HC)

S. 144 : Best judgment assessment-Reassessment-Principles of natural justice-Order passed without giving sufficient time for filing objections-Order is set aside. [S. 147, 148, Art. 226]

Greater Noida Industrial Development Authority v. UOI (2023)456 ITR 202/154 taxmann.com 287 (Delhi)(HC)

S. 143(3) : Assessment-Directed to disposal of application within six weeks-Assessment proceedings are stayed for four weeks. [Art. 226]

CIT v. Sony Mobile Communications India Pvt. Ltd. (2023) 456 ITR 753/150 taxmann.com 145 (Delhi)(HC)

S. 143(3) : Assessment-Merger-Intimated to Department Authorities-Order of assessment on company which had merged and ceased to exist-Order is not valid-Not curable defect. [S. 143(2), 292B]

PCIT v. Micro and Small Enterprise Facilitation Council (2023)456 ITR 207/152 taxmann.com 177 / 333 CTR 572(Delhi)(HC)

S. 142(2A) : Inquiry before assessment-Special audit-Remuneration of special auditor to be determined by competent authorities of department-Micro and Small Enterprises Facilitation Council has no jurisdiction to refer to arbitration though Chartered Accountant firm registered as micro enterprise. [S. 142(2D), Rule 14B, Micro, Small and Medium Enterprises Development Act, 2006, S. 2(d), 15,18(3), 20, 24, Art. 226]

vBright Educational and Welfare Society v. PCIT (2023)456 ITR 406/ 155 taxmann.com 286/ 333 CTR 427 (Pat)(HC)

S. 139 : Return of income-Permanent Account Number as association of persons-Application for new Permanent Account as charitable organisation-Earlier permanent Account Number is not surrendered-Assessment is valid. [S. 12AA, 139A, Art. 226]

Anil Jain v. PDIT (Inv) (2023)456 ITR 274 / 223 DTR 241 / 331 CTR 677 / 150 taxmann.com 284 (Mad)(HC)

S. 132 : Search and seizure-Territorial jurisdiction-Notification No. S. O. 2914(E) Dated 13-11-2014-Extension of territorial jurisdiction only in respect of place of search-No extension of territorial jurisdiction with regard to assesses-Search warrant in form no 45 issued by Deputy Director (Investigation)Bangalore and the assessee is in jurisdiction of Officers of Chennai-Search action is held to be illegal. [S. 120,132(IA), Form No 45, Art. 226]