S. 9(1)(iv) : Income deemed to accrue or arise in India-Dividend from JV registered as company under Omani Laws-Tax credit-Method of Eliminating of Double Taxation-Exempt from tax-DTAA-India-Oman [S. 90, 263, Art. 8(bis, 11, 25,]
PCIT v. Krishak Bharti Co-operative Ltd (2023) 458 ITR 190/295 Taxman 110/ 334 CTR 507 (SC) Editorial: PCIT v. Krishak Bharti Co-operative Ltd (2017) 247 Taxman 317/395 ITR 572 (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. 9(1)(i) : Income deemed to accrue or arise in India-Business connection-Permanent Establishment-Fixed PE, place of business-Online booking services-15% of income is attributable to Indian operations-Order of Tribunal is reversed-DTAA-India-USA. [S. 260A, Art. 5, 7.]
PCIT v. Travelport L.P. USA (2023) 154 taxmann.com 95 (Delhi)(HC) Editorial : Order of High Court is reversed, Travelport L.P. USA v. CIT(IT) (2023) 295 Taxman 6 (SC)S. 9(1)(i) : Income deemed to accrue or arise in India-Business connection-Commission-Payments were made by foreign counter parties-Not liable to be assessed in India-Article 7-OECD Model Convention-SLP dismissed. [Art. 136]
PCIT v. Shantilal Khushaldas & Bros. (P.) Ltd (2023) 295 Taxman 239/ (2024)) 461 ITR 361 (SC) Editorial : PCIT v. Shantilal Khushaldas & Bros. (P.) Ltd (2019) 108 taxmann.com 549 (Bom)(HC)S. 9(1)(i) : Income deemed to accrue or arise in India-Business connection-Permanent Establishment-Fixed PE, place of business-
-Online booking services-15% of income is attributable to Indian operations-Order of Tribunal is affirmed-Order of High Court reversed-DTAA-India-USA. [Art. 5, 7, Art. 136]
S. 4 : Charge of income-tax-Capital-Income from trading of carbon credits-Capital receipts. [S.28(i)]
PCIT v. Gujarat Flurochemicals Ltd. (2023) 459 ITR 242/295 Taxman 200 (Guj.)(HC)S. 4 : Charge of income-tax-Mutuality-Clubs-Interest eraned on deposits-Incomeearned by clubs through its assets and resources, from persons who are not members of clubs-Income is not covered under principle of mutuality and would be liable to be taxed under provisions of Income-tax Act-Precedent-It is a settled position of law that only the ratio decidendi of a judgment is binding as a precedent. [S. 2(24), 56, Art. 141]
Secundrabad Club etc. v. CIT (2023) 457 ITR 263 / 295 Taxman 123/ 334 CTR 105 (SC) Editorial: Secundrabad Club Ltd (2012) 340 ITR 121 (AP)(HC), Madras Gymkhan Club v. Dy.CIT (2010) 328 ITR 348 (Mad)(HC), Madras Cricket Club v.Dy.CIT (2011) 334 ITR 238 (Mad)(HC), Coimbatore Cosmopoltion Club v. ACIT (2010) 229 CTR 414 (Mad)(HC), affirmed.The Prohibition of Benami Property Transactions Act, 1988
S. 2(9) : Benami Transaction- Provisional attachment – Transactions entered into prior to coming into force of 2016 Act High Court quashed the proceedings . [ S. 26(3) , Art . 226 ]
Goluguri Srirama Reddy (2023) 155 taxmann.com 196 /( 2024) 470 ITR 395 ( Telengana )( HC) Editorial : SLP of Revenue is dismissed, ACIT v. Goluguri Srirama Reddy (2023) 295 Taxman 231//(2024) 470 ITR 397 (SC)The Prohibition of Benami Property Transactions Act, 1988
S. 2(9) : Benami Transaction- Provisional attachment – Transactions entered into prior to coming into force of 2016 Act -Order of High Court quashing the proceedings is affirmed – SLP of Revenue is dismissed . [ S. 26(3) , Art .136 ]
ACIT v. Goluguri Srirama Reddy (2023) 295 Taxman 231 /(2024) 470 ITR 397 (SC) Editorial: Goluguri Srirama Reddy (2023) 155 taxmann.com 196 /( 2024) 470 ITR 395 ( Telengana )( HC)Direct Tax Vivad Se Vishwas Act, 2020 ( 2020) 422 ITR 121 ( St)
S. 9 : Act not to apply in certain cases – Tax arrear – Prosecution has been instituted on or before the date of filing of declaration- Prosecution has to be in respect of tax arrear which is relatable to an assessment year –Directed the authorities to decide the declation in conformity with the DTVSV Act. [ S. 2(1)(o ), S. 276C(2)), 278B, Art. 226 ]
Pragati Pre Fab India (P.) Ltd. v. PCIT (2023) 295 Taxman 269 /(2024) 460 ITR 387/ 337 CTR 862 (Bom.)(HC)/Editorial : SLP of Revenue is dismissed , PCIT v. Pragati Pre Fab India Pvt. Ltd. (2024)467 ITR 167 300 Taxman 358 (SC)Direct Tax Vivad Se Vishwas Act, 2020 ( 2020) 422 ITR 121 ( St)
S. 9 : Act not to apply in certain cases – Tax arrear – Prosecution has been instituted on or before the date of filing of declaration- Wilful attempt to evade tax -Tax deduction at source – Prosecution – Q. 73 of CBDT Circular 21 of 2020 dated 4/12/2020 (2020) 429 ITR 1 (St) would stand set aside and quashed – SLP of Revenue dismissed . [ S. 2(1)(o ), 9(a)(ii) , Art, 14, Art, 226 ]
PCIT (Central) v. Macrotech Developers Ltd. (2023) 295 Taxman 218/ 335 CTR 990/2024) 460 ITR 1 (SC) Editorial : Macrotech Developers Ltd. (2021 ) 434 ITR 131/ 280 Taxman 137 ( Bom)( HC)