S. 194IA : Deduction at source-Purchase of property-Two sellers-Consideration below Rs. 50 lakhs individually-No TDS liability-Interest deleted [S. 201(1)]
Archanaben Rajendrasingh Deval v. ITO (2025) 212 ITD 414 (Ahd)(Trib.)S. 194IA : Deduction at source-Purchase of property-Two sellers-Consideration below Rs. 50 lakhs individually-No TDS liability-Interest deleted [S. 201(1)]
Archanaben Rajendrasingh Deval v. ITO (2025) 212 ITD 414 (Ahd)(Trib.)S. 164:Representative assessees-Charge of tax-Beneficiaries unknown-Trusts created by Will are not to be subjected to tax at Maximum Marginal Rate (MMR) but are to be taxed at rates applicable to AOPs. [S.143(1)(b), 160, 161(IA), 164(1),167B]
Nathiben Kalidas Patel Family Trust. v. ITO (2025) 212 ITD 539 (Ahd) (Trib.)S. 164 : Representative assessee-Discretionary trust-Maximum marginal rate-Surcharge to be computed with reference to slab rates under Finance Act. [S. 2(29C), 111A, 112A, 167B, Finance Act, 2023]
Araadhya Jain Trust v. ITO (2025) 212 ITD 1 (SB)(Mum)(Trib.)S. 151 : Reassessment-Sanction for issue of notice-Beyond three years-Approval by Principal Commissioner invalid-Reassessment quashed [Ss. 147, 148, 148A(b), 151(i), 151(ii)]
DCIT v. SS Jewellery (2025) 212 ITD 432 (Mum)(Trib.)S. 147 : Reassessment-Vehicle hiring charges-Specific query was raised in the assessment proceedings-Reassessment is quashed. [S. 11, 13(1)(c), 13(3)(cc), 143(3)]
Saraswati Mukund Education Society. v. ITO (2025) 212 ITD 142 (Mum) (Trib.)S. 147: Reassessment-Industrial undertakings-Lower deduction in original return-Higher deduction in response to notice u/s 148-Deduction cannot be denied. [S.80IA, 148]
Bharat Mithalal Jain. v. ITO (2025) 212 ITD 232 (Mum) (Trib.)S. 147 : Reassessment-Information from DIT (Inv)-Beneficiary of accommodation entries-Long term capital gains-Sale of shares-Vague reasons recorded-Borrowed satisfaction-Sanction-Mechanical approval-Reassessment was quashed. [S.69A, 143)(1), 148, 151]
Anju Daruka v. ITO (2025) 212 ITD 326 (Kol) (Trib.)S. 144C : Reference to dispute resolution panel-Revised direction of DRP-Rectification order-Assessing Officer is directed to consider rectified direction of DRP and corresponding revised giving-effect order of TPO and delete entire TP adjustment. [S.92C, 154]
Ariba Technologies India (P.) Ltd. v. DCIT (2025) 212 ITD 17 (Bang) (Trib)S. 143(3) :Assessment-limited scrutiny-Disallowance of expenditure-Exempt income-Suo moto disallowed the expenditure-Not part of reasons for limited scrutiny-Capital gains-Short term loss-Suo moto disallowed the expenditure-Disallowance made by the Assessing Officer is deleted. [S. 14A, 28(i), 45, 143(3), R. 8D]
Dahila Infrastructure (P.) Ltd. v. DCIT (2025) 212 ITD 184 (Delhi) (Trib.)S. 143(3): Assessment-Non existing company-Merger-Assessment was invalid and quashed. [S. 170]
Liquidhub Analytics (P.) Ltd. v. NFAC (2025) 212 ITD 349 (Pune) (Trib.)