S. 220 : Collection and recovery-Assessee deemed in default-Stay-Pendency of appeal Recovery Of Tax-Condition of deposit of 20 per.cent of outstanding demand is not mandatory. [S.220(6), Art. 226]
Amtek Transportation Systems Ltd. v ACIT (2023)456 ITR 4 / 156 taxmann.com 35 (Delhi)(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. 220 : Collection and recovery-Assessee deemed in default-Stay-Pendency of appeal-Paid 15 Per Cent. of demand-Stay is granted till disposal of pending appeal. [S.220(6), 246A, Art. 226]
Air Liquide Medical Systems Pvt. Ltd. v Dy. CIT (2023)456 ITR 712/ 155 taxmann.com 409 (Mad)(HC)S. 153A : Assessment-Search-Undisclosed income-Loose paper-Addition is not valid. [S. 132]
PCIT v. Plama Developers Ltd. (2023)456 ITR 45 /151 taxmann.com 147 (Karn)(HC)S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Principles of natural justice-Initial notice not stating transactions of assessee with two companies-Erroneously stating that the assessee did not respond to show-cause notice-Notice and order is set aside. [S. 147, 148, 148A(b), 148A(d), Art. 226]
Rajesh Kumar Agarwal v. UOI (2023)456 ITR 1/154 taxmann.com 404 (Cal)(HC) Editorial: Decision of single judge is set aside, Rajesh Kumar Agarwal v. UOI (Cal)(HC) (WPA No. 6956 of 2023 dt 1-5-2023)S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Jurisdiction-Transfer of case-Notice issued by Assessing Officer, Shimla, after case transferred to New Delhi-Notice and proceedings are invalid and without jurisdiction. [S. 127(2), 147,148, 148A(b), 148A(d), Art. 226]
Punam Sharma v. PCIT (2023)456 ITR 580/ 335 CTR 1067 (HP)(HC)S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Amendments by Finance Act, 2021-Observations of Supreme Court in UOI v. Ashish Agarwal (2022) 444 ITR 1 (SC) to be followed.[S. 148, 148A(b), 148A(d), Art. 142, 226]
Mohan Rao Gandra v. UOI (2023)456 ITR 676 (Telangana)(HC)S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Principle of natural justice-Orders set aside-Matter remanded. [S. 148, 148A(b), 148A(d), Art. 226]
Kunal Daga v. UOI (2023)456 ITR 17 (Cal)(HC)S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Accommodation entries-Failure to provide the investigation report-Notice and order is set aside-Directed to provide all documents collected during the investigation. [S. 147, 148, 148A(b), 148A(d), Art. 226]
Hari Darshan Exports Pvt. Ltd. v. ACIT (2023)456 ITR 542 (Bom)(HC)S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Limitation-Law Applicable-Amendment of section 149 with effect from 1-4-2021-Notice cannot be issued unless the alleged income involved exceed Rs 50 lakhs. [S. 148. 148A(b) 148A(d), 149, Art. 226]
Geeta Agarwal v. ITO (2023)456 ITR 103 / 335 CTR 296(Raj)(HC)S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Based on facts-Writ is not maintainable. [S. 147, 148A(b), 148A((d), Art. 226]
Dinesh Verma v. ITO (2023)456 ITR 682/ (2022) 141 taxmann.com 453 (P&H)(HC)