Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


DCIT v. BlueLine Foods (India)Pvt Ltd (2024) Chamber’s Journal-September-P. 112 (TM) (Bang)(Trib)

S. 153A: Assessment-Search-Authorisation in the name of assessee-Search conducted at the premises of Directors-Proceedings are invalid.[S. 132, 133A(3)(ia)]

DCIT v. Marsh Fincom Pvt Ltd (2024) Chamber’s Journal-September-P. 114 (Pune)(Trib)

S. 153A: Assessment-Search-Unabated assessment year-No incriminating material-Addition cannot be made merely on the basis of statement recorded during search.[S. 132, 132(4)]

Aruna Surulkar v.ITO (2024) 158 taxmann.com 677 (Bom)(HC)

S. 151 : Reassessment-Sanction for issue of notice-Non application of mind-Applicability of S. 50C to buyer-Reassessment notice and order is quashed. [S. 50C, 148, 148A(b), 148A(d), Art. 226]

Swarn Singh v.ITO (2024) 163 taxmann.com 745 (Amritsar)(Trib)

S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Notice issued by the Jurisdictional Assessing Officer (JAO) instead of Faceless Assessing Officer-Notice is invalid. [S. 147, 148, 151A]

Sankarnaryanasamy Selvanarayanan v.ITO (2024) 164 taxmann.com 169(Mad)(HC)

S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Remuneration from hospital-Salary-Professional income-Return filed using form ITR 3-Claimed benefit under section 44ADA-Reassessment notice for failure to deduct tax at source under section 192-Reassessment notice and order is quashed. [S.44ADA, 147, 148, 148A(b), 148A(d) 192, 194J, Art. 226]

Dinesh Khaitan v. UOI(2024) 163 taxmann.com 39 (Cal)(HC)

S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Right to cross examination-No specific request for cross examination and issue off summons-Reassessment is valid-Writ petition is dismissed. [S.144B,147, 148, 148A(b), 148A(d), Art. 226]

Rajesh Kumar (Shiva Construction Co) v. ACIT (2024) Chamber’s Journal-September-P. 111(Delhi)(Trib)

S. 147: Reassessment-Return pending to be processed-Time limit for completing scrutiny u/s 143(3) is not expired-Reassessment cannot be initiated.[S. 139(1), 143(3), 148]

Welspun Global Brands Ltd v. ITO(2024) Chamber’s Journal-March-P. 115(Mum) (Trib)

S. 144C : Reference to dispute resolution panel-Additional ground admitted-Passing of draft assessment order is mandatory-Specific waiver application filed before the DRP-No estoppel against the law-Order is bad in law. [S.92CA(4) 254(1)]

Govindam Export v. DCIT(2024) Chamber’s Journal-September-P. 110 (Jaipur)(Trib)

S. 144 : Best judgment assessment-Books are rejected-Order has to be passed under section 144-Order passed under section 153A is not valid-Addition is deleted.[S.132, 145(3), 153A]

ACIT v. Bennett Coleman & Co Ltd (2024) Chamber’s Journal-November-P. 111(Mum)(Trib)

S. 143(3): Assessment-Digital signature was affixed after limitation period-Order is bad in law-Barred by limitation. [S. 153]