Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


Sunil Gahlot v.ITO (2023) BCAJ – May – P. 35 ( Jodhpur)( Trib)

S. 44AD :Presumptive taxation- Cash credits – Not required to maintain books of account – Addition cannot be made as cash credits – Provisions of section 115BBE is not applicable [ S. 68, 115BBE ]

Delhi Cargo Service Centre v.ACIT ( 2023) BCAJ -May – P. 34 ( Delhi)( Trib)

S.37(1): Business expenditure – Interest – delayed payment of tax deduction at source – Compensatory in nature – Allowable as deduction.[ S. 43B]

S.J. Studio & Entertainment Ltd ( 2023 ) The Chamber’s Journal – March -P. 110 ( Mum)( Trib)

S. 28(i) : Business income – Fictitious sales – Burden is on revenue to prove that the sales are not fictitious- Addition confirmed by the CIT(A) was deleted . [ S. 133A ]

Braingyan Foundation v. CIT ( E) (2023 ) 200 ITD 138 ( Mum)( Trib)

S. 12AA : Procedure for registration –Trust or institution-Natural justice – If the CIT( E ) is not satisfied with the documents supplied with by the assessee , adequate opportunity must be given before rejection of application – Matter remanded [ S. 80G ]

Trinity Education Trust v. ITO ( 2023) The Chamber’s Journal – April-P. 139 ( Surat )( Trib)

S. 11 : Property held for charitable purposes – Not filing of Form No .10B along with the return – Denial of exemption is not justified . [ S. 154 ]

Clix Capital Services (P.) Ltd v. JCIT ( 2023) 149 taxmann.com 279( Delhi )( HC )

S. 271C : Penalty – Failure to deduct at source – Notice issued nine years after the end of the relevant financial year – Barred by limitation – Order was quashed .[ S. 274, 275 (1)( c), Art , 226 ]

Rohit Kapur v. PCIT (2023) 148 taxmann.com 397 / 292 Taxman 135 ( Dellhi) ( HC)

S.270AA: Immunity from imposition of penalty ,etc-Order passed without giving an opportunity of hearing – Matter was remanded back to consider the application of the assessee. [ S. 270A , 270AA(4), Art , 226 .]

Prime ABGB (P.) Ltd v. NFAC (2023 147 taxmann.com 357/ 292 Taxman 149 (Bom)( HC)

S. 250 : Appeal – Commissioner (Appeals) – National Faceless Appeal Centre ( NFAC) -Ex-parte order – -Non -filing of grounds of appeal at the time of filing of Form No 35 – Dismissing the appeal without considering the submissions filed by the assessee – Order was set aside . [ S. 251 , Art , 226 ]

OYO Hotels & Homes (P.) Ltd v. Dy.CIT (2023) 148 taxmann.com 410 (Delhi)( HC)

S.241A: Refunds- Withholding of refund in certain cases – Intimation order was passed – Order withholding refund was set aside and the Revenue was directed to conduct a de novo exercise as per provision of section 241A of the Act . [ Art , 226 ]

Milestone Systems A/S v. Dy .CIT ( 2023) BCAJ -April – 49 ( Delhi)( HC)

S. 197 : Deduction at source – Certificate for lower rate Binding judgement of Supreme Court – Pendency of review – Assessing Officer is bound to follow the judgement – Order has to be passed due application of mind- DTAA -India – Denmark .[S. 9(1)(vi), 195 , Art, 13(3) Art. 226 ]