This Digest of case laws is prepared by KSA Legal and AIFTP from judgements reported in BCAJ, CTR, DTR, ITD, ITR, ITR (Trib), Chamber's Journal, SOT, Taxman, TTJ, BCAJ, ACAJ, www.itatonline.org and other journals
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S. 147 : Reassessment-With in four years-Information from Investigation wing-Bogus accommodation entries-Notice of reassessment was held to be valid. [S. 131, 148, Art. 226]

Priya Blue Industries Pvt. Ltd. v. ACIT (2021) 437 ITR 155 / 213 DTR 189/ 326 CTR 576 (Guj.) (HC).Editorial: SLP of assessee dismissed , Priya Blue Industries Pvt Ltd v. ACIT ( 2022) 443 ITR 6 (St)/ 287 Taxman 187 (SC)

S. 147 : Reassessment-With in four years-Share application money-Shell bogus companies-Information from investigation wing-Notice and reassessment was held to be valid. [S. 68, 131, 148, Art. 226]

Kottex Industries Pvt. Ltd. v. ACIT (2021) 437 ITR 211 / 282 Taxman 432 /(2022) 216 DTR 405/ 328 CTR 784 (Guj.)(HC)

S. 147 : Reassessment-With in four years-Change of opinion-Sanction-Non application of mind-Reassessment notice was quashed. [S. 92CA(3), 143(3), 144C, 148, 151, Art. 226]

ESS Advertising (Mauritius) S. N. C. Et Compagnie v. ACIT(IT) (2021) 437 ITR 1 / 204 DTR 156/ 321 CTR 679 (Delhi)(HC) ESS Distribution (Mauritius) S.N.C. Et Compagnie v. ACIT(IT) (2021) 437 ITR 1/ 204 DTR 156/ 321 CTR 679 (Delhi)(HC)

S. 147 : Reassessment-With in four years-Reasons for notice were different from issues concluded during original assessment-Notice was held to be valid. [S. 143(3),148, Art. 226]

DRS Industries Pvt. Ltd. v. Dy.CIT (NO. 1) (2021) 437 ITR 673/ 205 DTR 63/ 322 CTR 295 (Mad.)(HC)

S. 147 : Reassessment-Other income not disclosed-Alternative remedy-Correctness of facts cannot be decided in writ proceedings-Reassessment proceedings is held to be valid. [S. 148, Art. 226]

Dy.CIT. v. Daimler India Commercial Vehicles Pvt. Ltd. (2021)437 ITR 605/ /206 DTR 10/ 322 CTR 623 / 283 Taxman 326 (Mad.)(HC) Editorial : Decision of the single judge in Daimler India Commercial Vehicles Pvt. Ltd. v. Dy.CIT (W.P. No. 43435 of 2016 and WMP Nos. 37296 and 37297 of 2016, reversed dt. 30-1-2018.Editorial: SLP of assessee dismissed , Daimler India Commercial Vehicles Pvt Ltd v. Dy.CIT ( 2022) 443 ITR 5( St)(SC)Editorial: SLP of assessee dismissed , Daimler India Commercial Vehicles Pvt Ltd v. Dy.CIT ( 2022) 443 ITR 5( St)(SC)

S. 147 : Reassessment-With in four years-Information by external agency-Sufficiency of reasons not to be gone into in Writ proceedings-Notice of reassessment is valid. [S. 148, 151, Art. 226]

Cognizant Technology Solutions India P. Ltd. v. ACIT (NO. 4) (2021) 437 ITR 457 208 DTR 217/ 323 CTR 955/ 283 Taxman 349 (Mad.)(HC)

S. 147 : Reassessment-With in four years-Change of opinion-Information from audit party-Sufficiency of reasons not to be gone into by High Court-Reassessment notice was held to be valid. [S. 10A, 10AA, 115JB, 148, Art. 226]

Cognizant Technology Solutions India P. Ltd. v. Dy.CIT (NO. 3) (2021) 437 ITR 438/ 323 CTR 252 (Mad.)(HC)

S. 147 : Reassessment-Within four years-Speaking order only with reference to reasons for reopening of assessment and not on all issues-Reassessment was held to be valid. [S. 148, Art. 226]

Cognizant Technology Solutions India P. Ltd. v. ACIT (NO. 2) (2021) 437 ITR 425/ 206 DTR 408/ 323 CTR 259(Mad.)(HC)

S. 147 : Reassessment-Fringe benefits tax-Reason to believe-Information from audit-Disputed facts not to be adjudicated by Court-Reassessment proceeding is held to be valid. [S. 115WG, 115WH, 148, 150, Art. 226]

Cognizant Technology Solutions India P. Ltd. v. Dy.CIT (No.1) (2021) 437 ITR 410/ 208 DTR 168/ 323 CTR 939 (Mad.)(HC)

S. 147 : Reassessment-Search and seizure-Information from DIT (Inv)-Bogus accommodation entries-Reassessment notice is held to be valid. [S. 68, 132(4), 148, Art. 226]

Amber v. Dy. CIT (2021) 437 ITR 45 / 282 Taxman 178 / 203 DTR 412 / 321 CTR 489 (Orissa) (HC)