S. 192 : Deduction at source-Salary-Provision of residential accommodation by employer-Valuation of perquisite-Residential Accommodation provided to regular and contract employees on collection of licence fee according to area of quarters and commensurate with salary of employee-Perquisite-Liable to deduct tax at source. [S. 15, 17(2), ITR, 1962, R. 3(1) Art. 12, 226]
National Institute of Technology v. UOI (2021) 434 ITR 361 / 201 DTR 283 320 CTR 756 / 278 Taxman 117 (Tripura)(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. 153A : Assessment-Search-Principle of natural justice must be followed-Notice u/s. 143(2) is not mandatory-Order quashed and set aside. [S. 143(2), 158BC, Art. 226]
B. Kubendran v. Dy.CIT (2021) 434 ITR 161 / 203 DTR 235/ 126 taxmann.com 107/(2022) 324 CTR 492 (Mad.)(HC)S. 153A : Assessment-Search-Block assessment-Failure to hand over seized material by Investigation Officer to Assessing Officer within prescribed time-limit-Notice will not be invalid. [S. 132, 132(9A), 153B, Art. 226]
Agni Estates and Foundations (P) Ltd. v. Dy.CIT (2021) 434 ITR 79 / / 204 DTR 1/ 321 CTR 531 (Mad.)(HC) Jayaprakash .R.N . v .PCIT 2021)434 ITR 79 / 204 DTR 1/ 321 DTR 531 (Mad) (HC)S. 148 : Reassessment-Notice-Amalgamation of companies-Amalgamating company and amalgamated company operating from same address after amalgamation-Provision of Section 170(2) applicable-Participated in the reassessment proceedings-Notice and reassessment proceedings valid. [S. 147, 170(2), Art. 226]
Vama Sundari Investments (Delhi) Pvt. Ltd. v. ACIT (2021) 434 ITR 174 / 205 DTR 299/ 281 Taxman 260 (Mad.)(HC)S. 148 : Reassessment-Notice-Assessee has right to raise objections-Duty of Assessing Officer to consider objections-Failure to consider objections-Matter remanded. [S. 147, Art. 226]
Purshottambhai Bachubhai Pitroda v. Dy.CIT (2021) 434 ITR 629 (Guj.)(HC)S. 148 : Reassessment-Notice-Proper procedure to be adopted-Writ against the notice was dismissed. [S.147, Art. 226]
Palaniammal Palaniappan v. ITO (2021) 434 ITR 668 (Mad.)(HC)S. 147 : Reassessment-Information received from Investigation wing-Non application of mind-Sanction not obtained-Notice is held to be not valid. [S. 133A, 148, 151, Art. 226]
Bharatkumar Nihalchand Shah v. ACIT (2021) 434 ITR 621/ 281 Taxman 521 / 210 DTR 48 / 325 CTR 410(Guj.)(HC)S. 147 : Reassessment-After the expiry of four years-Housing projects-No failure to disclose any material facts-Reassessment is not valid. [S. 80IB(10), 148, Art. 226]
Sarthak Developers v. Dy.CIT (2021) 434 ITR 648 / 129 taxmann.com 45 (Guj.)(HC)Editorial: SLP of revenue is dismissed , Dy. CIT v. Sarthak Developers (2022) 284 Taxman 362 (SC)S. 147 : Reassessment-After the expiry of four years-Failure to disclose true facts-Share capital-Kolkata based companies-Reassessment notice is held to be valid. [S. 143(1), 148, Art. 226]
Navnidhi Dyeing and Printing Mills Pvt. Ltd. v. ACIT (2021) 434 ITR 334 / 201 DTR 265 / 320 CTR 737 / 281 Taxman 542(Guj.)(HC)S. 147 : Reassessment-After the expiry of four years-No payment of interest or remuneration-Notice on ground that payments must have been made-Not valid. [S. 80(IB)(10), 148, Art. 226]
Myhome Developers v. ACIT (2021) 434 ITR 270 (Guj.)(HC)