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. 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.)

S. 92C : Transfer pricing-Arm’s length price-Reimbursement of expenses-Bright-Line Text (BLT)-Interest-TPO could not have determined 30 days as credit period for computing interest on outstanding receivables, without appreciating actual credit terms offered to AEs.

Samsung India Electronics (P.) Ltd. v. ACIT (2020) 182 ITD 312 (Delhi)(Trib.)

S. 92C : Transfer pricing-Arm’s length price-Turnover filter-To be accepted as valid comparable.

Schindler India (P.) Ltd. v. ACIT (2020) 182 ITD 84 (Mum.)(Trib.)

S. 92C : Transfer pricing-Arm’s length price-Comparble-Customised software development on contractual basis Job placement portal and BPO services-Dissimilarity in functions and for want of segmental accounts-Sponsorship fees and other expenses, said company was to be excluded from final set of comparables-Turnover more than 750 time cannot be considered as comparable-Profit margin-Sale of licence-Sale of software and products.

Nagarro Software (P.) Ltd. v. ITO (2020) 182 ITD 128 (Delhi) (Trib.)