Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


Moin Akhtar Qureshi v. ACIT (2022) 218 TTJ 878 (Delhi)(Trib)

S. 163 : Representative assessees-Non-Resident-Search and seizure-Email communications, hard disk and invoice details-Not belong to non-resident-Addition was deleted-DTAA-India-France [S. 132, 153C, Art, 15]

ITO (IT) v. Bikkina Savitri Devi (Smt.) (2022) 96 ITR 30 (SN) (Viskha) (Trib)

S. 160: Representative assessee-Gift-Non-Resident-Brother-General power of Attorney-Gift not registered-Disclosed in the hands of General power of attorney holder-Same income cannot be taxed again. [S. 161, Transfer of Property Act, 1882]

Sharda Dwellings (P) Ltd. v. ACIT (2022) 219 TTJ 57 (UO) (Indore) (Trib)

S. 158BD : Block assessment-Undisclosed income of any other person-Recording of satisfaction is mandatory-Assessment order was quashed [S. 158BC]

Subhash Chandra Dey v. ACIT (2022) 219 DTR 185 / 220 TTJ 625 (Gau)(Trib) Maya Rani Dey v ACIT. ACIT (2022) 219 DTR 185 / 220 TTJ 625 (Gau)(Trib) Ashis Kumar Dey. ACIT (2022) 219 DTR 185 / 220 TTJ 625 (Gau)(Trib)

S. 158BFA : Block assessment-Penalty-Additional ground-Quantum proceedings time-barred-Levy of penalty is time-barred [S. 158BFA(2)]

Poonam Mittal (Smt.) v. ITO (2022) 215 TTJ 29 (Asr) (UO)/ 138 taxmann.com 380 (Asr) (Trib)

S. 154 : Rectification of mistake-Mistake apparent from the record-Disallowance of an amount under section 40A(3) cannot be brought within realm of a mistake which could be held as glaring, patent, apparent and obvious from record, thereby rendering assessment order passed by Assessing Officer amenable for rectification under section 154 of the Act. [S. 40A((3), R.6DD]

Vinodkumar S. Totla v. ITO (2022)95 ITR 58 (SN)(Ahd)(Trib)

S. 154 : Rectification of mistake–Property transferred in name of assessee by same seller in 2009-Sale by assessee in 2010-Allowing exemption-Sale by assessee gave rise to short-term or long-term capital gains-Rectification order is not valid.[S.54F]

Periyasamy Pillai Educational Trust v. ITO(E) (2022) 96 ITR 70 (SN.) (Chennai)(Trib)

S. 154 : Rectification of mistake-Mistake apparent from the record-Charitable Purpose-Taxability of corpus donations-Issue pending in High Court-Debatable issue-Rectification is not permissible. [S. 11(1(d), 12AA]

Adm Agro Industries Latur and Vizag Pvt. Ltd. v. Dy. CIT (2022) 96 ITR 450 (Delhi)(Trib)

S. 154 : Rectification of mistake-Mistake apparent from the record-Limitation-Order was passed within the period of limitation-Order is valid.

Satish Cold Storage v. Dy. CIT (2022) 97 ITR 601 (SMC) (Lucknow) (Trib)

S. 154 : Rectification of mistake-Mistake apparent from the record-Industrial undertakings-Audit report not filed with return of income-Mistake rectified subsequently-Circular directing Assessing officers to allow rectification-Rectification application cannot be rejected [S.80IB, 143(1), Central Board Of Direct Taxes Circular No. 689, Dated 24-8-1994]

Saraswati Sheet Grah v. Dy. CIT (2022)97 ITR 117 (Lucknow)(Trib)

S. 154 : Rectification of mistake-Mistake apparent from the record-Audit report-Form No 10CCB-Not filed along with return-After intimation up loading the Form-Rejection of rectification application was not valid. [S. 80IB, 139, 143(1), Form No 1OCCB)