S. 254(2A) : Appellate Tribunal-Stay-Cash credits-No case has been made for stay of recovery-Stay application is rejected. [S. 68, 220, 226]
Shantananda Steels (P.) Ltd. v. ITO (2020) 182 ITD 434 / 195 DTR 417/ 208 TTJ 672 (Chennai)(Trib.)
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. 194J : Deduction at source-Fees for professional or technical services-Toll Free Telephone charges-Liable to deduct tax at source. [S. 9(1)(vii)]
Vidal Health Insurance TPA (P.) Ltd. v. JCIT (2020) 182 ITD 30 (Bang.)(Trib.)S. 194C : Deduction at source-Contractors-Hiring of cab from cab owners-Liable to deduct tax at source-Matter remanded to the Assessing Officer to verify whether the recipients have paid the tax. [S. 40(a)(ia)]
Singonahalli Chikkarevanna Gangadharaiah v. ACIT (2020) 182 ITD 6/195 DTR 303/ 208 TTJ 382 (Bang.)(Trib.)S. 144C : Reference to dispute resolution panel-Speaking order-Functionally different-Remanded to DRP to pass speaking order. [S. 92C]
Rio Tinto India (P.) Ltd. v. DCIT (2020) 182 ITD 389 (Delhi)(Trib.)S. 144C : Reference to dispute resolution panel-Order passed without following the directions issued by Dispute Resolution Panel is null and void. [S. 144C(10)]
Global One India (P.) Ltd. v. DCIT (2019) 76 ITR 63 (SN)/(2020) 182 ITD 355 (Delhi)(Trib.)S. 144C : Reference to dispute resolution panel-Non-speaking order-Matter remanded. [S. 92C]
Delphi Connection Systems India (P.) Ltd. v. ACIT (2020) 182 ITD 382 (Cochin)(Trib.)S. 143(3) : Assessment-Estimate of income-The AO cannot make addition on estimate basis when no specific defect or infirmity in the books of account maintained by the assessee. [S. 145]
DCIT v. Asian Grantio India Ltd. (2020) 182 ITD 441 (Ahd.) (Trib.)S. 142A : Estimate of value of assets by Valuation Officer-Under valuation-Capital gains-Valuation as on 1-4-1981-Reference to Valuation Officer is held to be not valid. [S. 45, 55A(b)(i), 69, 69A, 69B].
Dashrathbhai G. Patel. v. DCIT (2020) 182 ITD 327 (Ahd.)(Trib.)S. 115JB : Book profit-Profit on sale of Agricultural land-Cannot be added to book profit. [S. 2(IA)]
DCIT v. Motisons Buildtech (P.) Ltd. (2020) 182 ITD 72/ 205 TTJ 484 (Jaipur)(Trib.) DCIT v. Motisons Entertainment ( P) Ltd (2020) 182 ITD 72/ 205 TTJ 484 (Jaipur) (Trib.) DCIT v. Mitisons Global ( P) Ltd Ltd (2020) 182 ITD 72/ 205 TTJ 484 (Jaipur) (Trib.)S. 115JB : Book profit-Exempt income-Disallowance u/s. 14A read with Rule 8D cannot resorted while determining the book profit. [S.14A , R.8D]
DCIT v. Asian Grantio India Ltd. (2020) 182 ITD 441 (Ahd.)(Trib.)