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. 153C : Assessment – Income of any other person-Search-Prior to and after amendment by Finance Act, 2015, with effect from 1-6-2015 -Order of High Court set aside. [S. 132, Art. 136]

ACIT v. Shruti Bhamasha Shah (2023) 453 ITR 735/ 293 Taxman 276 / 332 CTR 383 (SC)

S. 151 : Reassessment – After the expiry of four years – Sanction for issue of notice -Sanction of approval by Joint Commissioner and Not by Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner – Notice and order on objections set aside.[S. 147, 148, Art, 226, Taxation and Other Laws (Relaxation of Certain Provisions) Act, 2020]

Sidhmicro Equities Pvt. Ltd. v. Dy. CIT (2023)453 ITR 33 (Bom)(HC) Editorial: SLP of Revenue dismissed, Dy.CIT v. Sidhmicro Equities Pvt. Ltd (2023) 453 ITR 35/ 150 Taxman 461 (SC)

S. 151 : Reassessment – Sanction for issue of notice – Notice after four years -Capital gains – Sanction of prescribed Authority -Approval by Joint Commissioner held to be valid —SLP of Revenue dismissed. [S. 147, 148, 151(1), Taxation and Other Laws (Relaxation of Certain Provisions) Act, 2002, Art. 136, 226]

Dy. CIT v. Sidhmicro Equities Pvt. Ltd. (2023)453 ITR 35 (SC) Editorial : Sidhmicro Equities Pvt. Ltd v.Dy.CIT (2023) 451 ITR 33(Bom)(HC), affirmed.

S. 151 : Reassessment – Sanction for issue of notice – Sanction given mechanically -SLP of Revenue dismissed. [S. 147, 148, Art 136]

CIT v. S. Goyanka Lime and Chemical Ltd(2016) 237 Taxman 378 (2023)453 ITR 242 /150 taxmann.com 245 (SC) Editorial : Refer CIT Jabalpur v. S. Goyanka Lime & Chemicals Ltd (2015) 231 Taxman 73 (MP)(HC), affirmed.

S. 148A : Reassessment – Conducting inquiry, providing opportunity before issue of notice – Typographical errors -Will not invalidate notice -Writ petition was dismissed.[S. 147, 148,148A(d), 151 Art. 226]

V. S. Dhandapani and Son v. ITO (2023)453 ITR 277/ 292 Taxman 364 / 222 DTR 337/ (2024) 337 CTR 367 (Mad)(HC)

S. 148A : Reassessment – Conducting inquiry, providing opportunity before issue of notice – Alternative remedy -Writ petition was dismissed. [S. 147, 148, 148A(b), 148A(b), 148A(d), Art. 226]

Shiv Mettalicks Pvt. Ltd. v. PCIT (2023) 453 ITR 544 (Orissa)(HC)

S. 148A : Reassessment – Conducting inquiry, providing opportunity before issue of notice – Statutory duty cast upon Assessing Officer -Court cannot interfere at stage of notice- Writ petition was dismissed. [S. 147, 148, 148A(b), 148A(d), Art.226]

Midland Microfin Ltd. v. UOI (2023)453 ITR 150 (P&H)(HC)

S. 148A : Reassessment – Conducting inquiry, providing opportunity before issue of notice -Limitation -Decision of Supreme Court is binding – Grievances on merits to be agitated in reassessment proceedings before the Assessing Officer -Writ petition was dismissed. [147, 148, 148A(b), 148A(d), Art, 226]

Kailash Kedia v. ITO (2023)453 ITR 540 (Orissa)(HC)

S. 148A : Reassessment – Conducting inquiry, providing opportunity before issue of notice – Alternative remedy -Writ petition against show cause notice is not maintainable – Writ petition was dismissed. S. 147, 148 148A(d), 246A, Art, 226]

Harinder Singh Bedi v. UOI (2023)453 ITR 145 (MP)(HC)

S. 148A : Reassessment – Conducting inquiry, providing opportunity before issue of notice – Natural justice – Opportunity of hearing requested but not afforded -Opportunity of cross examination was to be granted – Order and notice was set aside -Matter remanded to Assessing Officer. [S. 147, 148, 148A(d), Art. 226]

Dinesh Kumar Goyal v. UOI (2023)453 ITR 535 (Cal)(HC)