S. 12A : Registration-Trust or institution-Development and maintenance of ports-General public utility-Entitle to registration. [S. 2(15)]
CIT v. Tuticorin Port Trust (2021) 278 Taxman 364 (Mad.)(HC)
Digest of case laws
Online digest of latest case laws
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
Click here to download the pdf versions of the Digest of case laws S. 10A : Free trade zone-Set off of losses-Other income-Order of Tribunal is affirmed.
PCIT v. Wipro Ltd. (2021) 278 Taxman 162 (Karn.)(HC)S. 10A : Free trade zone-Telecommunication and travelling expenses-Foreign currency-Reduced from export turnover were to be reduced from total turnover.
CIT v. GE India Technology Centre (P) Ltd. (2021) 278 Taxman 261 (Karn.)(HC)S. 10(23C) : Educational institution-State examination Board-Charging fees-Denial of exemption is not valid-Matter remanded. [S. 12AA]
Bihar Combined Entrance Competitive Examination Board v. CIT (2021) 278 Taxman 179 / 318 CTR 229 (Pat.)(HC)S. 9(1)(vii) : Income deemed to accrue or arise in India-Fees for technical services-Gross amounts paid/payable by applicant to a US Company under Distribution Agreement was in nature of Fees for Technical Services-Application admitted-DTAA-India-USA. [S. 245R(2), Art. 12]
Turnitindia Education (P) Ltd. In re (2021) 278 Taxman 389 (AAR)S. 9(1)(i) : Income deemed to accrue or arise in India-Business connection-Purchase order in relation to offshore supplies from a port in Japan to DMRC in India-Application admitted-DTAA-India-Japan. [S. 245R (2), Art. 7]
Mitsubishi Electric Corporation In re (2021) 278 Taxman 395 (AAR)Limitation Act, ( 36 of 1963 )
S. 5: Extension of prescribed period in certain cases – First appeal- Appellate Court cannot decide appeal unless application for condonation of delay is decided in favour of the appellant . [ CPC, 1908 , Rule 11, 13 , O. 43 ]
Direct Tax Vivad Se Vishwas Act, 2020
S. 4: Filing of declaration and particulars to be furnished – Liberty is given to restore the appeal . [ S.28(va), 260A ]
Ashok Giri v. ACIT (2021) 278 Taxman 412 (Mad.) (HC) Harland Clarke Holding Software India (P) Ltd v. Dy. CIT (2021) 278 Taxman 409 (Mad.) (HC) Saroj Vinod Kumar Jain v. PCIT (2021) 278 Taxman 375 (Mad.) (HC)S. 80IA :Industrial undertakings – Entitle to deduction without setting off of loss or loss making units, against income of its profit making units . [ S.260A ]
CIT v. Karnatka Power Corporation ( 2021 ) 127 taxmann.com 282 ( Karn) (HC) Editorial : SLP granted to the revenue , CIT v. Karnatka Power Corporation ( 2021 ) 280 Taxman 1 / 127 taxmann.com 283 ( SC)S. 115JB : Book profit – Provision is held to be not applicable .[ S.260A ]
CIT v. Karnatka Power Corporation ( 2021 ) 127 taxmann.com 282 ( Karn) (HC) Editorial : SLP granted to the revenue , CIT v. Karnatka Power Corporation ( 2021 ) 280 Taxman 1 / 127 taxmann.com 283 ( SC)