-
The facts of the case are grossly insufficient for making out a prima facie case of an wilful attempt to evade tax or evade payment of tax under Section 276C.
Kali Pradip Chowdhuri & Ors Vs Deputy Commissioner of Income Tax
(2023) TaxCorp(LJ) 30990 (HC-CALCUTTA) · Section 11
-
It is impermissible for the Revenue to adopt percentage of completion method as against project completion method consistently followed by the Assessee which was undisputed in the prior and subsequent years' assessments.
Corporate Leisure & Property Development Private Limited Vs The DCIT
(2023) TaxCorp(LJ) 30983 (ITAT-BANGALORE)
-
The order denying condonation of delay was clear, cogent and passed with the approval and sanction of PCCIT after adherence to the principles of natural justice.
Puneet Rastogi Vs PRINCIPAL CHIEF COMMISSIONER OF INCOME TAX
(2023) TaxCorp(LJ) 30982 (SC)
-
The CBDT Circular referred to the MCI Regulations after its amendment in 2009 and, therefore, neither the Circular nor Regulation 6.8 incorporated w.e.f. Dec 14, 2009 would be applicable to the instant case pertaining to AY 2008-09.
ABBOTT INDIA LIMITED, (As successor of Solvay Pharma India Ltd.) Vs The Assistant Commissioner of Income-tax
(2023) TaxCorp(LJ) 30981 (HC-BOMBAY)
-
The impugned reassessment notices issued by the ACIT, Bhubaneshwar are without jurisdiction, since Assessee falls under the jurisdiction of CIT New Delhi and no order under Section 127 was passed to transfer jurisdiction over the Assessee from New Delhi to Bhubaneshwar.
Vedanta Resources Ltd Vs The Asst. Commissioner of Income Tax
(2023) TaxCorp(LJ) 30975 (HC-ORISSA) · Section 148
-
If the administrative order passes the aforesaid test, Writ Court would refuse to exercise its jurisdiction and if interfered, it would amount to converting the jurisdiction of the Writ Court to that of an appellate authority.
Kamal Nath Vs THE PRINCIPAL COMMISSIONER OF INCOME TAX
(2023) TaxCorp(LJ) 30974 (HC-CALCUTTA)
-
IBM India cannot be held to be assessee-in-default under Section 201(1) as the payments made to IBM Philippines for payroll services were on account of business income and not taxable in India due to admitted absence of a PE in India.
IBM India Private Limited Vs THE DIRECTOR OF INCOME-TAX
(2023) TaxCorp(LJ) 30973 (HC-KARNATKATA)
-
The assessment order to be a nullity for being in contradiction of the provisions of Section 144C(10) and 144C(13).
Oxbow Energy Solutions LLC Vs DCIT
(2023) TaxCorp(LJ) 30972 (ITAT-DELHI)
-
Income which is already taxed in the hands of the firm is not taxable in the hands of the partner.
Mulberry Textiles LLP Vs ITO
(2023) TaxCorp(LJ) 30965 (ITAT-BANGALORE) · Section 10(2A)
-
Section 144C(1) does not apply in case of change in tax rate unless there is a variation in returned income of Assessee.
Erisse Investments Ltd Vs ACIT
(2023) TaxCorp(LJ) 30964 (ITAT-MUMBAI)
-
Appellate authority is directed to exclude the period from the date of filing of writ petition till the date of passing of this order, while calculating the period of limitation for filing an appeal.
Muhavoor Primary Agricultural Cooperation Society Ltd Vs The Income Tax Officer
(2023) TaxCorp(LJ) 30963 (HC-MADRAS)
-
Assessee is entitled to be compensated for delay in payment of money that it could have used if the money had been remitted within reasonable timeframe and the delay of four years cannot be construed as a reasonable period.
G K Choksi and Co Vs THE PRINCIPAL COMMISSIONER OF INCOME TAX
(2023) TaxCorp(LJ) 30962 (HC-DELHI)
-
Interest on delayed TDS remittance under Section 201(1A) is not an expenditure wholly and exclusively incurred for business purpose, ineligible for deduction under Section 37(1).
Premier Irrigation Adritec (P.) Ltd. Vs ACIT
(2023) TaxCorp(LJ) 30961 (ITAT-KOLKATA) · Section 37(1)
-
The definition of Sikkimese and the reference to Sikkim Subjects Regulations, 1961 and Sikkim Subject Rules, 1961 though repealed, are relevant for the purpose of the Explanation to Section 10(26AAA) of the Income Tax Act only.
Association of Old Settlers of Sikkim and Ors Vs UNION OF INDIA MINISTRY OF FINANCE
(2023) TaxCorp(LJ) 30956 (SC)
-
If the reply of the secretary of the DRP is to be believed, then the DRP passes the direction not based on the assessment records and transfer pricing records but on the names mentioned in form number 35A filed by the assessee.
Hindustan Unilever Ltd (As Legal Successor of Glaxo Smithkline Consumer Healthcare Ltd) Vs DCIT
(2023) TaxCorp(LJ) 30955 (ITAT-MUMBAI)
-
The interest earned out of temporary investments made out of borrowed funds not immediately required for utilization in business is to be treated as business income as the commercial production started in Aug 2009.
Cairn Energy Hydrocarbon Ltd Vs DCIT
(2023) TaxCorp(LJ) 30948 (ITAT-DELHI) · Sections 80-IB(9), 40(a)(ia)
-
Benefit of deduction under Section 32AC is available to only manufacturing sector and not the service sector, thus Infosys is ineligible for Section 32AC deduction.
Infosys Ltd Vs The Joint Commissioner of Income Tax
(2023) TaxCorp(LJ) 30936 (ITAT-BANGALORE) · Section 32AC
-
Revenue is directed to examine the documents and relevant papers for rendering fresh findings within four months.
Servants of People Society Vs PR. COMMISSIONER OF INCOME TAX
(2023) TaxCorp(LJ) 30929 (SC)
-
The grounds of the present appeal did not emanate from the FAO, rather emanated from the order dated 21.01.2022, which is ultimately traceable to the order of the Tribunal dated 2013.
IBM India Private Limited Vs The Deputy Commissioner of Income Tax
(2023) TaxCorp(LJ) 30909 (ITAT-BANGALORE)
-
Recorded cannot evolve or be allowed to grow with age and ingenuity. The reasons which are recorded cannot be supplemented by affidavits.
Blackstone Capital Partners (Singapore) VI FDI Three Pte. Ltd Vs THE ASSISTANT COMMISSIONER OF INCOME TAX
(2023) TaxCorp(LJ) 30898 (HC-DELHI)
Headnote lines are open to everyone. The full headnote and the judgment text open with a subscription — see plans or sign in.