All landmark rulings

1. Direct Tax ·Karnataka High Court · 12 Feb 2016
   S. 271(1)(c)/ 271(1-B): If the notice is issued without application of mind (by striking out the relevant part in the notice), the penalty proceedings are invalid

   Safina Hotels Private Limited vs. CIT

   (2016) TaxCorp(LJ) 9835 (HC-KARNATAKA) · Sections 271(1)(c), 271(1-B)

2. Direct Tax ·Delhi High Court · 12 Feb 2016
   S. 9(1)(vi) vs. Article 12 of DTAA: The retrospective amendment to s. 9(1)(vi) so as to supersede the law laid down in Asia Satellite 332 ITR 340 (Del) and assess transmission fees as “royalty” has no impact on assessees covered by DTAA because a corresponding amendment has not been made to the definition of “royalty” therein. Amendments to domestic law do not affect the DTAA

   DIT vs. New Skies Satellite BV

   (2016) TaxCorp(LJ) 9834 (HC-DELHI) · Section 9(1)(vi)

3. Direct Tax ·Delhi High Court · 11 Feb 2016
   HC - Amended definition of ‘royalty’ vide Finance Act 2012 will not impact the definition under the DTAA.

   DIT. vs. New Skies Satellite BV

   (2016) TaxCorp(LJ) 9833 (HC-DELHI)

4. Direct Tax ·Supreme Court · 11 Feb 2016
   SC - Doctrine of lifting the veil can be invoked if the public interest so requires or if there is allegation of violation of law by using the device of a corporate entity.

   State Of Rajasthan & Ors vs. Gotan Lime Stone Khanji Udyog Pvt. Ltd. & Anr.

   (2016) TaxCorp(LJ) 9832 (SC)

5. Direct Tax ·ITAT Chennai · 11 Feb 2016
   ITAT - Payment by a French company to its AE in USA for providing technical services with respect to its contract in India amounts to FTS under India-US DTAA and consequently TDS u/s 195 applicable.

   Foster Wheeler France S.A. vs. DDIT

   (2016) TaxCorp(LJ) 9831 (ITAT-CHENNAI)

6. Direct Tax ·ITAT Delhi · 11 Feb 2016
   ITAT - License-fees paid by assessee to NDMC pursuant to High Court’s interim directions is not contingent liability absent direction for refund.

   C.J. International Hotels Ltd. vs. DCIT

   (2016) TaxCorp(LJ) 9830 (ITAT-DELHI) · Section. 37

7. Direct Tax ·ITAT Delhi · 10 Feb 2016
   ITAT - Income received by investor from VCC/VCF is deemed to be of same nature and proportion as accruing to the VCC/ VCF for the purpose of sec. 115U.

   Japan International Cooperation Agency vs. DDIT

   (2016) TaxCorp(LJ) 9829 (ITAT-DELHI) · Section. 115U

8. Direct Tax ·ITAT Delhi · 10 Feb 2016
   ITAT - Both purchase and sale took place during lock in period prescribed under SEBI Guidelines and thus, the shares were not transferred in assessee’s name due to lock in period. Transactions are sham; STCL disallowed.

   AAA Portfolios Pvt. Ltd. vs. DCIT

   (2016) TaxCorp(LJ) 9828 (ITAT-DELHI)

9. Direct Tax ·ITAT Mumbai · 08 Feb 2016
   S. 23(1)(b): Brokerage paid to give out premises on rent and to earn lease rent is not deductible in computing the Income from house property

   Radiant Premises Pvt. Ltd vs. ACIT

   (2016) TaxCorp(LJ) 9827 (ITAT-MUMBAI) · Section 23(1)(b)

10. Direct Tax ·Bombay High Court · 10 Feb 2016
    HC - Interest/Refund available u/s 244A on TDS withheld in advance which was subsequently waived.

    Sunflag Iron & Steel Co. Ltd. vs. CBDT and Anr.

    (2016) TaxCorp(LJ) 9826 (HC-BOMBAY) · Section 244A

11. Direct Tax ·ITAT Ahmedabad · 09 Feb 2016
    ITAT -Pro-rata credit for TDS, MAT and advance tax available in hands of the resulting company post demerger.

    Adani Gas Ltd vs. ACIT

    (2016) TaxCorp(LJ) 9825 (ITAT-AHMEDABAD)

12. Direct Tax ·Karnataka High Court · 08 Feb 2016
    HC - Assessee not in default for non-deducting TDS u/s 194A on provision for interest reversed subsequently.

    Karnataka Power Transmission Corporation Limited Vs DCIT

    (2016) TaxCorp(LJ) 9824 (HC-KARNATAKA)

13. Direct Tax ·ITAT Rajkot · 08 Feb 2016
    ITAT - Sec. 194C and not sec. 194I applicable on payments towards use of containers, which was incidental to transportation of cargo by sea route.

    ACIT vs. Pushpak Logistics Pvt. Ltd.

    (2016) TaxCorp(LJ) 9823 (ITAT-RAJKOT) · Section 194I

14. Direct Tax ·ITAT Mumbai · 08 Feb 2016
    ITAT - Once a regular assessment order is framed and issued, there cannot be any occasion to turn the clock back and issue a draft assessment order.

    Jazzy Creations Pvt Ltd vs. ITO

    (2016) TaxCorp(LJ) 9822 (ITAT-MUMBAI)

15. Direct Tax ·Bombay High Court · 05 Feb 2016
    High Court Shocked At Loot Of Taxpayers Funds By Corrupt Babus. Calls For Non-Cooperation Movement By Taxpayers To Eradicate "Hydra Headed Monster" Of Corruption

    Pralhad @ Pratap s/o Tanbaji Pawar vs. State of Maharashtra

    (2016) TaxCorp(LJ) 9821 (HC-BOMBAY)

16. Direct Tax ·ITAT Mumbai · 06 Feb 2016
    S. 37(1): While receiving of gifts by doctors is prohibited by MCI Guidelines, the giving of such gifts by Pharma companies is not prohibited by any law. CBDT Circular dated 01.08.2012 is prospective

    DCIT vs. Syncom Formulations (I) Ltd

    (2016) TaxCorp(LJ) 9820 (ITAT-MUMBAI) · Section 37(1)

17. Direct Tax ·ITAT Mumbai · 06 Feb 2016
    S. 153A: Law on whether an assessment made u/s 143(1) can be said to have abated & whether an assessment u/s 153A can be made in the absence of incriminating material explained

    Ideal Appliances Co. Pvt. Ltd vs. DCIT

    (2016) TaxCorp(LJ) 9819 (ITAT-MUMBAI) · Sections 143(1), 153A

18. Direct Tax ·Bombay High Court · 05 Feb 2016
    No TDS u/s 195 for shipping-company assessed u/s 172.

    CIT vs. V.S. Dempo & Co. Pvt. Ltd.

    (2016) TaxCorp(LJ) 9818 (HC-BOMBAY) · Sections 172, 195

19. Direct Tax ·Calcutta High Court · 05 Feb 2016
    HC - Assessee is eligible for interest u/s 244A on refund of excess SA-tax paid u/s 140A.

    CIT vs Birla Corporation Ltd

    (2016) TaxCorp(LJ) 9817 (HC-CALCUTTA) · Section 244A

20. Direct Tax ·ITAT Mumbai · 03 Feb 2016
    ITAT - Interest by firm to partners on capital contribution is liable for disallowance u/s 14A.

    ACIT vs. Pahilajrai Jaikishin

    (2016) TaxCorp(LJ) 9812 (ITAT-MUMBAI) · Section 14A

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