All landmark rulings

21,519 rulings

Desk: Both Direct Tax GST

Direct Tax ·Calcutta High Court · 11 Feb 2022
Merely, because a certain amount has been generated as surplus cannot take away the activities of the assessee as not being charitable for the purpose of imparting education or for general public utility.
CREATIVE MUSEUM DESIGNERS VERSUS INCOME TAX OFFICER, EXEMPTIONS, WARD-1 (1) , KOLKATA
(2022) TaxCorp(LJ) 28345 (HC-CALCUTTA) · https://taxcorp.in/FileOpenDT.aspx?ID=86537&Category=Judgment&CategoryType=Zip
Direct Tax ·Madras High Court · 10 Feb 2022
Liberty be given to the Revenue to initiate reassessment proceedings in accordance with the as amended reassessment provisions after making all compliances as required by law.
Vellore Institute of Technology Vs The Assistant Commissioner of Income Tax
(2022) TaxCorp(LJ) 28344 (HC-MADRAS)
Direct Tax ·ITAT Mumbai · 10 Feb 2022
When the ld. AO had given a favourable report in his remand proceedings, then fairly the Revenue ought not to have preferred any further appeal before this Tribunal as there could not be any grievance for them.
Liberal Realtors LLP Vs ITO-32(2)(1)
(2022) TaxCorp(LJ) 28343 (ITAT-MUMBAI)
Direct Tax ·ITAT Indore · 10 Feb 2022
The assessee filed ample documentary evidences which discharged the primary onus cast upon it u/s 68.
M/S. RELIABLE GLOBAL VENTURE P. LTD. BHOPAL VERSUS ITO 4 (1) BHOPAL AND (VICE-VERSA)
(2021) TaxCorp(LJ) 28342 (ITAT-INDORE) · https://taxcorp.in/FileOpenDT.aspx?ID=95494&Category=ITAT&CategoryType=Zip
Direct Tax ·ITAT Amritsar · 10 Feb 2022
There was a mis-communication at the end of the AO about the address and also not mentioning the husband’s name of the assessee which resulted in non serving of the notice since she resided in village, therefore no justification in the action of the AO in initiating and levying penalty u/s 271(1)(b).
SMT. MANJIT KAUR W/O LEHMBERSS SINGH VERSUS ITO, WARD-2 INCOME TAX OFFICE PHAGWARA
(2021) TaxCorp(LJ) 28341 (ITAT-AMRITSAR) · https://taxcorp.in/FileOpenDT.aspx?ID=95495&Category=ITAT&CategoryType=Zip
Direct Tax ·ITAT Ahmedabad · 10 Feb 2022
If the assessee under wrong appreciation of facts and the law has not pressed the issue before the lower authorities, the same can be raised before the higher forum.
ARCHIT CORPORATION LLP (EARLIER KNOWN AS ARCHIT CORPORATION) VERSUS I.T.O., WARD-2 (3) BHAVNAGAR
(2021) TaxCorp(LJ) 28340 (ITAT-AHMEDABAD) · https://taxcorp.in/FileOpenDT.aspx?ID=95496&Category=ITAT&CategoryType=Zip
Direct Tax ·ITAT Ahmedabad · 10 Feb 2022
There was no furnishing of inaccurate particulars of income by the assessee so as to attract penalty u/s 271(1)(c).
ASST. COMMISSIONER OF INCOME TAX, CIRCLE-3 (3) , AHMEDABAD VERSUS SHRI CHANDRAKANT G. PATEL
(2021) TaxCorp(LJ) 28339 (ITAT-AHMEDABAD) · https://taxcorp.in/FileOpenDT.aspx?ID=95509&Category=ITAT&CategoryType=Zip
Direct Tax ·Calcutta High Court · 10 Feb 2022
If the development agreement is not registered, it shall have no effect in law for the purposes of Section 53A which bodily stood incorporated in Section 2(47)(v) of the Income Tax Act, 1961.
PRINCIPAL COMMISSIONER OF INCOME TAX- 4, KOLKATA VERSUS M/S. SHELTER PROJECT LTD.
(2022) TaxCorp(LJ) 28338 (HC-CALCUTTA) · https://taxcorp.in/FileOpenDT.aspx?ID=86516&Category=Judgment&CategoryType=Zip
Direct Tax ·Calcutta High Court · 10 Feb 2022
The assessing officer did not have jurisdiction to proceed further and make assessment since notice under Section 143(2) of the Act was admittedly not issued.
PRINCIPAL COMMISSIONER OF INCOME TAX-11, KOLKATA VERSUS M/S. NOPANY & SONS
(2022) TaxCorp(LJ) 28337 (HC-CALCUTTA) · https://taxcorp.in/FileOpenDT.aspx?ID=86517&Category=Judgment&CategoryType=Zip
Direct Tax ·ITAT Chandigarh · 09 Feb 2022
The twin conditions mandated under Rule 11U(b) are satisfied.
Electra Paper and Board Pvt. Ltd Vs Income Tax Officer
(2022) TaxCorp(LJ) 28336 (ITAT-CHANDIGARH)
Direct Tax ·Karnataka High Court · 08 Feb 2022
The truck operators if not the truck owners, cannot be considered as the sub-contractors for the purpose of Section 194C.
Sri Shivamurthy Vs THE ADDITIONAL COMMISSIONER OF INCOME TAX
(2022) TaxCorp(LJ) 28335 (HC-KARNATAKA) · Section 194C
Direct Tax ·ITAT Delhi · 08 Feb 2022
Even after house-hold withdrawal, there was a huge amount available with the assessee in the form of cash. So it cannot be held to be improbability that assessee did not have any availability of cash at the time of demonetisation.
OM PARKASH NAHAR VERSUS INCOME TAX OFFICER, WARD 67 (2) NEW DELHI
(2022) TaxCorp(LJ) 28334 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=95472&Category=ITAT&CategoryType=Zip
Direct Tax ·ITAT Mumbai · 08 Feb 2022
Assessee trust cannot be construed as an AOP as there is no inter se agreement between the names of the beneficiaries and their shares were known and have remained unchanged
INCOME TAX OFFICER -22 (1) (6) , MUMBAI VERSUS M/S. ARCIL ASSET RECONSTRUCTION FUND II TRUST
(2022) TaxCorp(LJ) 28333 (ITAT-MUMBAI) · https://taxcorp.in/FileOpenDT.aspx?ID=95474&Category=ITAT&CategoryType=Zip
Direct Tax ·ITAT Delhi · 08 Feb 2022
Interest on income tax refund is not effectively connected with the PE either on the basis of asset- test or activity- test. Hence, it is taxable as per the provisions in the Para No. 2 of Article XI of Indo- US DTAA.
TRANSOCEAN OFFSHORE INTERNATIONAL VENTURES LTD. VERSUS DCIT (INTL. TAXATION) , CIRCLE-2, NOIDA
(2022) TaxCorp(LJ) 28332 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=95475&Category=ITAT&CategoryType=Zip
Direct Tax ·ITAT Pune · 08 Feb 2022
Since the assessee did not put to use the two projects under consideration, the interest thereon was required to be capitalized, which was not eligible for deduction u/s. 36(1)(iii).
ACIT, CIRCLE-6 PUNE VERSUS SILVER JUBILEE MOTORS LTD.
(2022) TaxCorp(LJ) 28331 (ITAT-PUNE) · https://taxcorp.in/FileOpenDT.aspx?ID=95478&Category=ITAT&CategoryType=Zip
Direct Tax ·ITAT Delhi · 08 Feb 2022
Interest on late payment of Service Tax is not penal in nature. Since, it is compensatory in nature, it is eligible for deduction u/s. 37(1) of the Act.
WIPRO GE HEALTHCARE PVT. LTD. VERSUS DCIT, CIRCLE-12 (1) NEW DELHI
(2022) TaxCorp(LJ) 28330 (ITAT-DELHI) · https://taxcorp.in/FileOpenDT.aspx?ID=95481&Category=ITAT&CategoryType=Zip
Direct Tax ·ITAT Bangalore · 08 Feb 2022
The provision of TDS provisions cannot applicable where there is no claim of expenditure made by the assessee.
M/S ROBERT BOSCH ENGINEERING AND BUSINESS SOLUTIONS PVT. LTD. VERSUS THE INCOME TAX OFFICER (TDS) / (OSD) LTU, BANGALORE
(2022) TaxCorp(LJ) 28329 (ITAT-BANGALORE) · https://taxcorp.in/FileOpenDT.aspx?ID=95482&Category=ITAT&CategoryType=Zip
Direct Tax ·Delhi High Court · 07 Feb 2022
No additional surcharge and cess is to be applied over the 10% rate as prescribed under the DTAA.
Google Asia Pacific Pte Ltd Vs COMMISSIONER OF INCOME TAX & ANR
(2022) TaxCorp(LJ) 28328 (HC-DELHI)
Direct Tax ·ITAT Delhi · 07 Feb 2022
Interest on income tax refund is not effectively connected with the PE either on the basis of asset-test or activity-test. Hence, it is taxable as per the provisions in the Para No. 2 of Article XI of Indo-US DTAA.
Transocean Offshore International Ventures Ltd Vs DCIT (Intl. Taxation)
(2022) TaxCorp(LJ) 28327 (ITAT-DELHI)
Direct Tax ·ITAT Indore · 07 Feb 2022
Lenders are regular tax assessees and have given the loan through account payee cheques and have confirmed the transaction then the liability of the assessee of explaining the genuineness of the transaction stands discharged and the addition cannot be made on mere suspicion.
ACIT, CENTRAL-II, BHOPAL VERSUS OM CONSTRUCTION, BHOPAL, M/S. SAINATH BUILDERS AND COLONISERS, BHOPAL
(2022) TaxCorp(LJ) 28326 (ITAT-INDORE) · https://taxcorp.in/FileOpenDT.aspx?ID=95432&Category=ITAT&CategoryType=Zip

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