S. 220 : Collection and recovery-Assessee deemed in default-Stay of demand-Deposit of 20 Per Cent. of demand-Order is held to be justified. [Art. 226]
Mascot Construction Co. v. PCIT (2022) 446 ITR 719 / 213 DTR 449 / 326 CTR 863 (Bom.)(HC)S. 220 : Collection and recovery-Assessee deemed in default-Stay of demand-Deposit of 20 Per Cent. of demand-Order is held to be justified. [Art. 226]
Mascot Construction Co. v. PCIT (2022) 446 ITR 719 / 213 DTR 449 / 326 CTR 863 (Bom.)(HC)S. 197 : Deduction at source-Certificate for lower rate-Certificate of nil deduction-Non-Resident-Payments received from ONGC for work done inside and outside India-Powers of Assessing Officer while considering application for certificate-Difference of opinion between members of division bench-Matter to be referred to appropriate Bench-DTAA-India-The United Arab Emirates. [R. 28, 28AA, Art. 7]
National Petroleum Construction Co. v. Dy. CIT (2022) 446 ITR 382 / 216 DTR 241 / 327 CTR 617 / 289 Taxman 87(SC) Editorial : National Petroleum Construction Co. v. Dy. CIT (2020) 421 ITR 24 / 185 DTR 57/ 312 CTR 217 / 271 Taxman 150 (Delhi)(HC)S. 154 : Rectification of mistake-Book profits-Amounts disallowed under Section 14A cannot be added back to book profits-Debatable issue rectification order is not valid. [S. 14A, 115JB]
PCIT v. J. J. Glastronics Pvt. Ltd. (2022) 446 ITR 712 (Karn.)(HC)S. 153A : Assessment-Search or requisition-Undisclosed income-Amounts credited to employees account-Admission by employees that the amount belong to the assessee-Peak and gross profit theory-Not accepted-Addition is held to be justified. [S. 132, 133A]
K. A. Rauf v. CIT (2022) 446 ITR 421 / 215 DTR 13/ 328 CTR 920 (Ker.)(HC)S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Request for adjournment to file response not granted-Assessing authority obliged to decide dispute in respect of a mount involved in transaction with reference to material submitted by assessee. [S. 148, 149, Art. 226]
Urmila v. ITO (2022) 446 ITR 511/ 218 DTR 60 / 328 CTR 734(Raj.)(HC)/Surya Prakash v.ITO 2022)446 ITR 511/ 218 DTR 60 / 328 CTR 734 (Raj)(HC)/Vaijanti Dadhich v .ITO ( 2022)446 ITR 511/ 218 DTR 60 / 328 CTR 734 (Raj)(HC)S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Violation of principle of natural justice-Not furnished full information-Matter remanded. [S. 147, 148, Art. 226]
Maharaja Edifice Pvt. Ltd. v. UOI (2022) 446 ITR 508 / 289 Taxman 468(Cal.)(HC)S. 148 : Reassessment-Notice-Limitation-Doctrine of substantial compliance-Mere signing of notice is not sufficient-Date of issue would be date on which notice was served on assessee-Notice dated 31-3-2018 served on assessee through E-Mail on 18-4-2018 for AY. 2011-12-Notice barred by limitation. [S. 147, 149, 282, R. 127, Art. 226]
Parveen Amin Bhathara (Smt.) v. ITO (2022)446 ITR 201 / 218 DTR 51/ 328 CTR 831 (Mad.)(HC) Editorial : Sadhana Tolasaria v. ITO (2021) 18 ITR-OL 88 (Mad.)(HC), decision of Single judge reversed.S. 148 : Reassessment-Notice-Proceedings under Insolvency And Bankruptcy Code, 2016-Not a bar for issue of notice of Reassessment. [S. 147, Insolvency and Bankruptcy Code, 2016, S. 10, 30(6), 31, Art. 226]
Dishnet Wireless Ltd. v. ACIT (OSD) (2022) 446 ITR 227 / 215 DTR 337 / 288 Taxman 197 /(2023) 330 CTR 567(Mad.)(HC)S. 148 : Reassessment-Notice-No procedural irregularity-Notice issued and objections raised-Notice valid-Writ is not maintainable there is no violation of law or principle of natural justice. [S. 147, Art. 226]
Bengal Tiger Line (India) Pvt. Ltd. v. Dy.CIT (2022) 446 ITR 331 (Mad.)(HC)S. 147 : Reassessment-Order passed after considering the objections-Assessment order was passed-Writ is not maintainable. [S. 148, Art. 226]
Tamil Nadu State Marketing Corporation Ltd. v. NEAC (2022) 446 ITR 325 (Mad.)(HC)