Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


S. P. Velayutham v. ACIT (2022) 442 ITR 74/ 215 DTR 265/327 CTR 779 (Mad.)(HC)

S. 276C : Offences and prosecutions-Wilful attempt to evade tax-Self assessment-Default in payment of tax on time-Paying tax in instalments-No mala fide intention to evade tax. [S. 140A(3), 226, 276(2)]

Union Bank of India v. Add. CIT (TDS) (2022) 442 ITR 194 / 211 DTR 308 / 325 CTR 505 / 286 Taxman 353 (SC)

S. 271C : Penalty-Failure to deduct at source-Interest on fixed deposits-Agra Development Authority-Statutory Body-Not liable to deduct tax at source-Levy of penalty is not valid. [S. 194A(3)(iii)(f), Uttar Pradesh Urban Planning And Development Act, 1973]

Ramco Cements Ltd. v. NFAC (2022)442 ITR 279/ 327 CTR 231 /215 DTR 199 / 139 taxmann.com 89 (Mad.)(HC)

S. 271(1)(c) : Penalty-Concealment-Faceless penalty scheme-rejection of request for personal hearing-Order set aside. [S. 144B, 274, Art. 226]

Karanja Terminal and Logistic Pvt. Ltd. v. PCIT (2022) 442 ITR 400 / 211 DTR 161 / 325 CTR 392 / 287 Taxman 410 Bom.)(HC)

S. 264 : Commissioner-Revision of other orders-Binding precedent-Subordinate Authority to follow the ruing of Higher Authority-Rejection of revision petition on ground that appeal pending in High Court on similar issue against order of Tribunal-Held to be not proper-Matter remanded for de novo consideration. [S. 260, Art. 226]

Virtusa Consulting Services Pvt. Ltd. v. Dy. CIT (2022) 442 ITR 385 (Mad.)(HC)

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Order passed after enquiry-Order not erroneous-Free trade zone-Not necessary to maintain separate books of accounting for export unit-Circular and instructions-Binding on Income-Tax Authorities. [S. 10A, 119]

PCIT v. Michelin India Pvt. Ltd. (2022) 442 ITR 268 (Mad.)(HC)

S. 254(2A) : Appellate Tribunal-Stay-Delay in proceedings not attributable to assessee-Tribunal has the power to grant stay even beyond period of 365 days. [S. 254(1)]

CIT v. RNS Infrastructure Ltd. (2022) 442 ITR 417 / 286 Taxman 509 (Karn.)(HC)/Editorial : SLP of Revenue is dismissed , CIT (Central) v. RNS Infrastructure Ltd. (2024) 300 Taxman 101 (SC)

S. 245D : Settlement Commission-Limitation-Delay in passing order not due to assessee-Delay could be condoned. [S. 245D(4), 245HA(1)(iv)]

Pitchai Rajagopal Shiva Kumaar v. UOI (2022) 442 ITR 33 / 212 DTR 401 / 326 CTR 219 (Mad.)(HC)

S. 245A : Settlement Commission-Cessation of Settlement Commission-Pendency of proceedings as on 31-1-2021-Constitutional validity of provision-Directions are issued to consider the applications by the Interim Board would be if the proceedings were pending as on January 31, 2021. [S. 245C, Art. 14, 19(1)(g), 20(2), 21, 226]

Swamina International Pvt. Ltd. v. ITSC (2022) 442 ITR 343 / 286 Taxman 26/ 214 DTR 175 / 327 CTR 684(Cal.)(HC)

S. 245D : Settlement Commission-Violation of principle of natural justice-No opportunity is given to raise objections to order-Order of Settlement Commission is set a-side. [S. 245C, 245D(3), 245D(4), Art. 226]

Ramesth Constructions Pvt. Ltd. v. Dy. CIT (2022) 442 ITR 181 / 209 DTR 462 / 324 CTR 337 (Delhi)(HC)

S. 245 : Refund-Set off of refunds against tax remaining payable–Opportunity of hearing not provided before adjustment-Entitled to refund of adjustments in excess of 20 Per Cent. [S. 156, 220, 227, Art. 226]