S. 220 : Collection and recovery-Assessee deemed in default-Stay-Discretion must be exercised judicial manner.[S.220(6), Art. 226]
Sudarshan Reddy Kottur v. ITO (2023) 458 ITR 750 (Telangana)(HC)
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. 194H : Deduction at source-Commission or brokerage-Trade discount-Payment by Television Channels or Newspapers-Advertising Agency-Procuring or canvassing for Advertisements-Not commission-Not liable to deduct tax at source. [S. 260A]
CIT (TDS) v. ABP Pvt. Ltd. (2023)458 ITR 74 /150 taxmann.com 436/ 333 CTR 564 (Cal.)(HC)S. 158BC : Block assessment-Bonus money and prize money-Cricket Board-Circular withdrawing guidelines for treatment of tour money received by Cricket player cannot be applied retrospectively.[S. 132, 260A]
CIT v. Navjot Singh Sidhu (2023)458 ITR 446 (P&H)(HC)S. 153C : Assessment-Income of any other person-Search-Long term capital gains-Penny stock shares-Matter remanded.[S. 10(38), 132, 147, 148A(b) 148A(d), Art. 226]
Saloni Prakash Kumar v. ITO (2023)458 ITR 452 /155 taxmann.com 432/335 CTR 782 (Mad)(HC)S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Reply to initial notice-Assessing Officer directed to proceed after considering reply of assessee. [S. 148, 148A(b) 148A(d), Art. 226]
Virendra Kumar Chourasia v. ITO (2023)458 ITR 431 (MP)(HC)S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Initial notice need only state issue on basis of which reopening of assessment is proposed-Writ petition is dismissed. [S.2(22)(e), 147 148, 148A(b), 148A(d), Art. 226]
Satluj Credit And Holdings Pvt. Ltd. v. ITO (2023) 458 ITR 378 / 152 taxmann.com 401 (Mad)(HC)S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Notice after three years-Failure to file the return of income-Gross receipt of sale consideration not income chargeable to tax-Notice and consequential orders are quashed.[S. 2(24), 147, 148A(b), 148A(d), Art. 226]
Nitin Nema v. PCIT (2023)458 ITR 690 /155 taxmann.com 276/ 334 CTR 545 (MP)(HC)/Editorial : SLP of Revenue is dismissed , PCCIT . v Nitin Nema (2024)468 ITR 105/ 168 taxmann.com 531 (SC)S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Followed statutory procedure-Alternative remedy-Writ petition dismissed. [S. 148A(b), 148A(d), Art. 226]
Midland Microfin Ltd. v. UOI(2023)458 ITR 36 (P&H)(HC)S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Reason to believe is sufficient-Not necessary to prove actual escapement of income-Writ petition is dismissed.[S. 148, 148A(b), 148A(d), Art. 226]
ARB Hotels Resorts Pvt. Ltd. v. PCIT (2023)458 ITR 61/(2024) 296 Taxman 419 (All)(HC)S. 148 : Reassessment-Notice-Amalgamation-Company ceased to exist-Authorities are aware of amalgamation-Notice is held to be not valid. [S. 147, Art. 226]
RRJ Infra Industries Pvt. Ltd. v. PCIT (2023)458 ITR 573 / 331 CTR 671/ 224 DTR 418/150 taxmann.com 85 (All)(HC)