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
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S. 251 : Appeal-Commissioner (Appeals)–Duties-CIT (A) has to pass a speaking order after appreciation of facts–Matter remanded. [S. 5]

Fujitsu Consulting India (P.) Ltd. v. ACIT (2019) 179 ITD 278 (Delhi)(Trib.)

S. 194B : Deduction at source-Winning from lottery–Lucky draw price coupons-Gratuitous distribution without any price being paid by customers-Not lottery–Not liable to deduct tax at source . [S. 2(24 ) (ix), 115BB]

Rajmohan V.V., Kumbalappalli. v. ITO (2019) 179 ITD 288/ ( 2020) 193 DTR 189/ 206 TTJ 629 (Cochin)(Trib.)

S. 159 : Legal representatives – Assessment-Assessee is not the legal heir of the deceased – Assessment is held to be bad in law .[ S.142(1), Hindu Succession Act, 1956,S 8, 15 ]

ITO v. Rathindranath Bhattacharya. (2019) 179 ITD 349 (Kol.)(Trib.)

S. 68 : Cash credits–AIR information-TDS difference and reconcile income–Addition cannot be made as cash credits. [S. 194J Form, 26AS]

TUV India (P.) Ltd. v. DCIT (2019) 75 ITR 364 / 179 ITD 238 / (2020) 191 DTR 246/ 204 TTJ 192(Mum.)(Trib.)

S. 68 : Cash credits–Share transactions–Accommodation entries-Unaccounted money-denial of exemption is held to be justified. [S. 10 (38), 45]

Satish Kishore. v. ITO (2019) 179 ITD 333/(2020) 203 TTJ 749 / Nawal Kishore v. ITO ( 2019 ) 179 ITD 333/ ( 2020) 203 TTJ 749 (Delhi)(Trib.)

S. 54F : Capital gains-Investment in a residential house–Payments towards purchase of house property-Deduction is available up to date of filing of return of income prescribed u/s. 139(4). [S. 45, 139(1), 139(4)]

Vatsala Asthana (Smt.) v. ITO (2019) 179 ITD 297 (Delhi)(Trib.)

S. 54F : Capital gains-Investment in a residential house–Purchase of flat from builder-Date of allotment to be taken as date of acquisition of property-House consisted of several independent units–Exemption cannot be denied–New house need not be purchased exclusively in the name of the assesee-Invested prior to date of filing of return u/s. 139(4)–Eligible for exemption. [S. 45, 139(1), 139(4)]

Kamal Murlidhar Mokashi (Mrs.) v. ITO (2019) 179 ITD 265/( 2020) 194 DTR 99/ 206 TTJ 100 (Pune)(Trib.)

S. 54EC : Capital gains-Investment in bonds-Transferable Development Right (TDR)-Acquisition of immovable property is capital asset-Period of holding of TDR was to be calculated from date of acquisition of assessee’s property by municipality. [S 2(14), 43(5), 45, 48].

Adi D. Vachha v. ITO (2019) 179 ITD 356 /(2020) 194 DTR 142/ 206 TTJ 166 (Mum.)(Trib.)

S. 45 : Capital gains-Taxable in the hands of owner and not in the hands of General Power of Attorney holder. [S. 2(47)]

Veerannagiri Gopal Reddy v. ITO (2019) 72 ITR 578 / 179 ITD 305 (Hyd.)(Trib.)

S. 37(1) : Business expenditure–Ad-hoc disallowance of 10% of total expenses-Books of account not rejected–Submitted the details of expenses-Ad-hoc disallowance is held to be not justified. [S. 145]

TUV India (P.) Ltd. v. DCIT (2019) 75 ITR 364 / 179 ITD 238 /( 2020) 191 DTR 246/ 204 TTJ 192 (Mum.)(Trib.)