S. 271(1)(c): Penalty-Concealment-Legal Representative-Legal heirs are liable for a penalty to the extent of the estate inherited. [S. 159]
Late Jagdish through L/H Chajju Ram v. ITO (2025) 238 TTJ 315 (Jaipur)(Trib.)S. 271(1)(c): Penalty-Concealment-Legal Representative-Legal heirs are liable for a penalty to the extent of the estate inherited. [S. 159]
Late Jagdish through L/H Chajju Ram v. ITO (2025) 238 TTJ 315 (Jaipur)(Trib.)S. 270A: Penalty for under-reporting and misreporting of income-Bona fide explanation-Revised computation filed voluntarily before issue of notice-Penalty not leviable.[S. 195, 194LC, 270A(6)(a)]
ING Bank NV v. DCIT (IT) (2025) 238 TTJ 1044 (Mum.)(Trib.)S. 270A: Penalty for under-reporting and misreporting of income-Wrong claim of exemption under section 10(10AA)-Bona fide legal claim-Penalty deleted. [S. 10(10AA), 270A(9)]
Bharatkumar Jaishinh Soni v. ITO (2025) 238 TTJ 1039 / 179 taxmann.com 421 (Mum.)(Trib.)S. 263: Commissioner-Revision of orders prejudicial to revenue-Invalid Reassessment-PCIT cannot revise a reassessment order which is itself void for want of proper sanction under section 151-Reassessment without approval of the competent authority is non est. [147, 148, 148A(d), 151(1)), 151(ii)]
Megnanapuram Primary Agricultural Co-operative Credit Society v. PCIT (2025) 238 TTJ 513 (Chennai)(Trib.).S. 253: Appellate Tribunal-Appeals-Respondent can raise jurisdictional ground without filing appeal or cross-objection [S. 254(1), ITAT R. 27]
ACIT v. Ramasubbu Minnalkodi (2025) 238 TTJ 337 (Chennai)(Trib.).S. 251: Appeal-Commissioner (Appeals)-Powers-Remand of matter to Assessing Officer-CIT(A) has no power to remand an appeal to the Assessing Officer except in cases covered by the proviso to section 251(1)(a) i.e., where the assessment is framed under section 144. [.S. 201, 250(6), 251(1)(a)]
ITO v. SECL (2025) 238 TTJ 1 (Raipur)(Trib).S. 249: Appeal-Commissioner (Appeals)-Form of appeal and limitation-Condonation of delay-Two PANs allotted to assessee-Proceedings initiated under old PAN-Sufficient cause established-Delay was condoned-Matter remanded. [S. 147, 148A, 144, 249(3)]
Lova Impex (P.) Ltd. v. ITO (2025) 238 TTJ 1049 (Hyd.)(Trib.)S. 234D: Interest on excess refund-Regular assessment completed before 1-6-2003-Consequential order under section 143(3) read with section 254 does not attract interest. [S. 2(40), 143(3), 147, 153A, 254]
DCIT v. Hindustan Unilever Ltd. (2025) 238 TTJ 947 (Chd.)(Trib.)S. 244A: Refunds-Interest on refunds-Filing of a revised return to claim additional TDS does not postpone interest on the refund already claimed in the original return filed within time-Where the refund is issued by demand draft, the date of issue of the demand draft is the date of grant of refund. [S. 139(5), 244(1)(a)(i)]
Suzlon Gujarat Wind Park Ltd. v. DCIT (2025) 238 TTJ 456 / 181 taxmann.com 714 (Ahd.)(Trib.).S. 234C: Interest-Deferment of advance tax-Levy of interest was not available on record; matter remanded to the Assessing Officer. [S.143(3)]
BNY Mellon International Operations (India) (P.) Ltd. v. ITO (2025) 238 TTJ 819 / 181 taxmann.com 222 (Pune)(Trib.)