Judgements Uploaded By Users In Category: Income-Tax Act
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The Hon'ble Rajasthan High Court (JP Bench) has held that Facts : 143(3) read with sections 144B of the Income-taxAct, 1961 - Assessment year 2018-19 – Faceless Assessment – Caseof assessee selected for scrutiny stating “Compliancewith TDS provision on payment outside India” – AO issued various notices calling for information – Assessee dulyreplied to all the notices – Thereafter, AO straight away passed the impugnedassessment… Read More ...
The Delhi High Court has held that PCIT-8 Vs Sony Mobile Communications India Pvt ltd Forum- Deli High Court Date-18th May 2021 Sub-Whether when a company is merged with another company after the filing of return but before original assessment order is passed and the original order and subsequent order in pursuance of remand from high court, in passed in the old… Read More ...
The ITAT Mumbai has held that The Hon’ble ITAT – Mumbai Bench in the case of Shri Mohan Thakur v. ACIT ITA No. 1434-37/Mum/2018 dated May 24, 2021 where addition was made under section 69 of the Act on account of information received from Australian Authorities pertaining to an alleged havala transaction, it was held that there is absolutely no other… Read More ...
The Delhi High Court has held that The claim of the petitioner is that the impugned assessment order dated 21.04.2021 has been passed, without adherence to the statutory provisions contained in clauses (xiv) to (xvi) of Section 144B(1), and 144B(9) of the Income Tax Act, 1961 (in short “the Act”). The petitioner claims that the impugned assessment order was passed without passing… Read More ...
The Hon'ble Bombay High Court has held that Petition under Article 226 of the Constitution of India, petitioner seeks quashing of order dated 19.03.2020 passed by the Income Tax Appellate Tribunal, Bangalore Bench. The Order pertained to transfer of the said appeals from the Bangalore Bench of the Income Tax Appellate Tribunal to Mumbai Benches of the Income Tax Appellate Tribunal. The Writ… Read More ...
The Madras High Court has held that CIT,Chennai Vs S.Muthu Palaniappan Chettinad Housing No 1 Forum-Madras High Court Date 22.04.2021 Sub-Whether open terrace in a private house can be included within the area for computing the built up area for the purpose of deduction u/s 80IB(10) and whether the time limit for building plan approval has to be computed from the last… Read More ...
The Honourbale Vishakapatanam Tribunal has held that Can addition be made U/s. 68 where cash have been deposited in Bank out of cash sales and shown as revenue receipt and offered as Income ? Read More ...
The Bombay High Court has held that Revision application – Sec 264 of the Income Tax Act, 1961 – the revision application under sec 264 cannot be rejected without deciding the same on merits if the Assessee’s case does not fall in the exceptions provided under sec 264(4) of the Act. Read More ...
The Madras High Court has held that Commissioner of Income-tax, Chennai-III Vs Income-tax Settlement Commissioner & Ors Forum Madras High Court Date 30th April, 2021 Sub-Whether an assessee can be permitted to file settlement application immediately after filing of return of income even when no notice for scrutiny assessment has been issued An interesting issue arose in this case when the assessee… Read More ...
The Telangana High Court has held that *Sub-Whether Income-tax refunds can be adjusted by the department against outstanding dues of Service-tax* *Forum- Telangana High Court* *Date- 28th April, 2021* *Citation-Sew Infrastructure Limited Vs Director General of GST* An interesting issue arose in this case where the applicant was liable to a substantial amount of Income-tax refund and simultaneously had filed an application… Read More ...