Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


PCIT v. Nalini Surrendrabhai Patel (2023) 458 ITR 540 / 295 Taxman 187 / 335 CTR 1088(Guj.)(HC)

S. 268A : Appeal-Instructions-Monetary limits-Applicable to revision order passed under section 263 of the Act-Appeal dismissed due to low tax effect. [S. 263, 260A]

Diwaker Tripathi v. PCIT (2023) 295 Taxman 532/ (2024) 466 ITR 371(Bom.)(HC)

S. 264 : Commissioner-Revision of other orders-Mistakenly filed details of the Assessement year 2014-15 instead of Assessment year 2013-14-Rejection of revision application is not justified-Matter remanded to the Commissioner for de novo con sideration. [S. 143(1), 154, Art. 226]

Amresh Kumar v. PCIT (2023)459 ITR 356 /154 taxmann.com 221 (Jharkhand)(HC) Editorial: SLP dismissed, Amresh Kumar v. PCIT (2023)459 ITR 364 / 295 Taxman 1 (SC)

S. 264 : Commissioner-Revision of other orders-Undisclosed income — Not maintaining the books of account-Contract works and other sources-Tax deduction at source-Form No 26AS showing the additional income-Payee confirming the payments-8% gross profit is estimated including the undisclosed income-Rejection of revision order is affirmed by High Court. [S. 133(6), 143(3), Form No. 26AS, Art. 226]

Amresh Kumar v. PCIT (2023)459 ITR 364 / 295 Taxman 1 (SC) Editorial: Amresh Kumar v. PCIT (2023) 154 taxmann.com 221 (Jharkhand)(HC)

S. 264 : Commissioner-Revision of other orders-Undisclosed income — Not maintaining the books of account-Contract works and other sources-Tax deduction at source-Form No 26AS showing the additional income-Payee confirming the payments-8% gross profit is estimated including the undisclosed income-Rejection of revision order is affirmed by High Court-SLP is dismissed. [S. 133(6),143(3), Form No. 26AS, Art. 136]

Amitkumar Chandulal Rajani v. PCIT (2023) 295 Taxman 163/(2024) 460 ITR 241/336 CTR 353 (Guj.)(HC)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Matter in issue before Commissioner which was sought to be brought to rest by opting for benefit of Scheme was in context of same-Revision proceeding is quashed. [S. 143(3),147, Direct Tax Vivad Se Vishwas Act, 2020, S. 4] C

PCIT v. Elecon EPC Projects Ltd. (2023) 295 Taxman 194 (Guj.)(HC)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Revision order is set aside by the Tribunal-Order giving effect to Revision is void ab initio. [S. 143(3), 254(1), 260A]

M.L. Chains v. PCIT (2023) 295 Taxman 418/(2024) 461 ITR 457 (All.)(HC)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Principle of natural justice-No opportunity was given-Contrary finding-Order quashed-Cost of Rs 10000, was imposed which shall be paid to High Court Legal Service Committee. [S. 143(3), Art. 226]

PCIT (E) v. Tata Medical Centre Trust (2023) 459 ITR 155 / 295 Taxman 501/ 334 CTR 942 (Cal.)(HC)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Document Identification Number (DIN)-Intimation letter-Rectification of mistake-Failure to mention Document Identification Number in order is violation of mandatory requirement — Dismissal of Department’s application for rectification of order is justified. [S. 254(2) 260A]

Peoples Forum v. CIT (2023) 295 Taxman 433 /2024)465 ITR 795 (Orissa)(HC)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Anonymous donations-Corpus fund- Tribunal order is quashed and set aside [S.2(24((iia), 11, 12, 13(7)]

PCIT (Central) v. MBL Infrastructure Ltd. (2023) 155 taxmann.com 656/ (2024) 461 ITR 148 (Cal)(HC) Editorial: SLP of Revenue is dismissed, PCIT (Central) v. MBL Infrastructure Ltd. (2023) 295 Taxman 586 /(2024) 461 ITR 150(SC)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-
-Industrial undertakings-Road infrastructure development-Order of Tribunal is affirmed. [S.80IA, 260A]