S. 271(1)(c) : Penalty-Concealment-Software maintenance-Royalty-Fees for technical services-Divergent views-Levy penalty is not valid. [S. 9(1)(vi), 9(1)(vii)]
S. 271(1)(c) : Penalty-Concealment-Software maintenance-Royalty-Fees for technical services-Divergent views-Levy penalty is not valid. [S. 9(1)(vi), 9(1)(vii)]
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Commission to non-Resident-Pendency of application before AAR-Revision is held to be not valid. [S. 40(a)(i), 195]
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Survey-Income surrendered-Business income-Tax on specified income-Order is not erroneous. [S. 68, 69 to 69D, 115BBE, 133A]
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Co-operative societies-Deposits against loans-Not filed appeal against the assessment order-Revision order is quashed. [S. 56, 80P]
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Depreciation-Lease of assets-Operating lease and finance lease transactions-lessee only had right to use vehicles-Entitle depreciation-Revision is not valid-Method of accounting-Estimate of income-Excess interest spread (EIS)-Revision is not valid-Chargeable in the year of receipt. [S. 2(28A), 32, 143, 145]
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Revision order is quashed. [S. 80IB, 143(3), 153A]
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Permanent establishment-Non-levy or short levy of taxes-Amount paid to dependent agent at arm’s length remuneration for services performed-Revision is not valid-.-DTAA-India-Malaysia. [S. 9(1)(i), Art. 5, 7]
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Investment in new plant or machinery-Assets acquired by it before 1-4-2013 but installed after financial year 2013-14-Deduction was allowed after application of mind-Revision is not valid. [S. 32AC]
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Remuneration is allowable under provisions of Income-tax Act-Remuneration to partners-Revision is not valid. [S. 40(b)(v)]
S. 260A : Appeal-High Court-Territorial jurisdiction-Binding precedent-Jurisdictional High court or Tribunal-Lower authorities are bound to follow the judgement, even if revenue had challenged previous order of jurisdictional High Court and matter was pending before Supreme Court. [S. 250, 254(1)]