S. 244A : Refund-Interest on refunds-Delay in payment due to rectification, omissions and defects in return-Time taken for such rectification to be excluded. [S. 244, 244A(2)]
State Bank of India v. CCIT (2022) 444 ITR 599 / 212 DTR 433 / 326 CTR 150 / 286 Taxman 650 [FB] (Ker.)(HC)
Digest of case laws
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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. 244A : Refund-Interest on refunds-Period between date of Court order and actual receipt of refund-Department directed to pay interest. [S. 237, Art, 226]
Ingenico International India Pvt. Ltd. v. JCIT (2022) 444 ITR 236 (Delhi)(HC)S. 220 : Collection and recovery-Assessee deemed in default-Stay-Failure to pay stipulated 15 percent of demand-Appeal pending before Commissioner (Appeals)-Directed to file fresh appeal for stay of demand before Commissioner (Appeals). [S. 143(3) 144B, 156, 220(6), 246A, Art, 226]
Thrissur Expressway Ltd. v ITO (2022) 444 ITR 60 (Telangana)(HC)S. 220 : Collection and recovery-Assessee deemed in default-Settlement Commission-Interest payable up to date of order accepting application. [S. 220(2), 245D(4), Art, 226]
Karia Erectors Pvt. Ltd. v. UOI (2022) 444 ITR 86/ 287 Taxman 116 (Bom.)(HC)S. 220 : Collection and recovery-Assessee deemed in default-Stay-Application for stay cannot be rejected without giving reasons-Directed to withdraw the attachment of bank accounts forthwith. (S. 226(3), Art. 226]
Kallakuri Dhana Lakshmi Katyayani (Mrs.) v. ITO (2022) 444 ITR 315 (Telangana)(HC)S. 220 : Collection and recovery-Assessee deemed in default-High pitched assessment-Pendency of appeal before Commissioner (Appeals-Discretionary powers-Parameters to be complied with by Authorities on stay applications-Instructions of Central Board Of Direct Taxes binding on Authorities-Stay of demand granted till disposal of Appeals by Commissioner (Appeals)-First Appellate Authority has inherent powers to grant stay. [S. 143(3), 153A, 156, 220(3), 220(6), 246A, 251(1), Art, 226]
Harsh Dipak Shah v. UOI (2022) 444 ITR 184 / 211 DTR 399 / 325 CTR 585 / 287 Taxman 55 (Guj.)(HC)/Avani Petrochem (P) Ltd v.UOI ( 2022) 211 DTR 399/ 325 CTR 585 / 287 Taxman 55 (Guj)(HC)/Dakshay Hasmukhbhai Thakkar v.UOI / 211 DTR 399/ 325 CTR 585 / 287 Taxman 55 ( Guj)(HC)S. 195 : Deduction at source-Non-resident-Share purchase agreement guarantor-No obligation to deduct tax at source. [S. 201, Art, 226]
Ingram Micro Inc v. ITO(IT) (2022) 444 ITR 568 / 212 DTR 360 / 326 CTR 650 (Bom.)(HC)S. 179 : Private company-Liability of directors-Assessment order against company set aside-Order not valid. [Art. 226]
Mailakkattu Varghese Uthup v. PCIT (2022) 444 ITR 326 (Ker.) (HC)S. 154 : Rectification of mistake-Cash Credits-Rejection of rectification was held to be valid. [S. 40((a)(ia), 69, Art, 226]
MS Educational and Welfare Trust v. ACIT (2022) 444 ITR 310 (Telangana)(HC)S. 151 : Reassessment-Sanction for issue of notice-After the expiry of four years-Commissioner has to apply his mind and cannot pass order mechanically-Notice quashed and set aside. [S. 147, 148, Art, 226]
Sagar Bullion Pvt. Ltd. v. UOI (2022) 444 ITR 686 / 209 DTR 281/ 324 CTR 146 (Bom.)(HC)