Allahabad HC quashes Reassessment proceedings u/s 148 of the Income tax Act initiated from April 01, 2021

In Ashok Kumar Agarwal v. Union of India [WRIT TAX No. - 524 of 2021 dated September 30, 2021], Ashok Kumar Agarwal ("the Petitioner") had filed a Petition to challenge the initiation of re-assessment

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Assessment Order quashed on ground of Non-Disposal of Objections filed by Assessee

In P.H. Chandrashekar v. ITO Ward-1(2) [C.O. No.106/Bang/2017] along with ITO Ward-1(2) Mysore v. P.H. Chandrashekar [ITA No.1080/Bang/2015 dated September 24, 2021], the current cross objection

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Genuine issue of Shares to Shareholders not to be considered under Anti-Abuse Provisions of the IT Act

In Income Tax Officer v. Shri Rajeev Ratanlal Tulshyan [I.T.A. No.5748/Mum/2017 A.Y. 2014-15 dated October 01, 2021] [along with cross objection filed by Shri Rajeev Ratanlal Tulshyan (“the Respondent

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The facts mentioned in the sale deed cannot be the ground for availing Capital gain exemption

In Shri Jayaseelan v. The Income Tax Officer, Ward 2, Tiruvannamalai, [I.T.A No.1455/Chny/2018 dated September 24, 2021], Shri Jayaseelan (“the Appellant”) has filed the current appeal being aggrieve

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Sponsorship fees for Lifetime Achievement Awards not treated as Business Expenditure

In NCC Limited, Hyderabad v. Asst. Commissioner of Income Tax, Circle-16(1), Hyderabad [ITA No. 595/Hyd/2020 and ITA No. 596/Hyd/2020 dated September 27, 2021], the current appeal has been filed again

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ITAT allows deduction of CSR expenses incurred by Toyota

In M/S. Toyota Boshoku Automotive India Pvt. Ltd. v. The Deputy Commissioner of Income Tax [ITA No.1704/Bang/2018 AY 2012-2013 dated September 24, 2021], M/S. Toyota Boshoku Automotive India Pvt. Ltd.

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Capital gain exemption allowed on independent building with more than one residential unit within it

In Sri Ramaiah Harish v. Income Tax Officer, Bangalore [ITA No.789/Bang/2019 dated September 24, 2021], Sri Ramaiah Harish (“the Appellant”) has filed this appeal challenging the order dated

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Salary of a person staying in India for more than 182 days being ‘Resident’ is subject to Income tax

In Tapas Kumar Basak v. Assistant Director of Income Tax, International Taxation-II & Ors. [W.P.O. No. 931 of 2007, dated September 16, 2021], Tapas Kumar Basak (“the Petitioner”) has challenged

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CSR expenses incurred to make donations to Trusts eligible for deduction

In JMS Mining (P.) Ltd. v. Principal Commissioner of Income-tax, Kolkata-2 [IT APPEAL NO. 146 (KOL.) OF 2021 dated July 22, 2021], the current appeal has been filed against the order dated

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Rajasthan HC quashes petitions seeking tax relief on the sale of liquor

In Babu Khan v. State of Rajasthan and Ors. [Civil Writ Petition No.7543/2021 dated September 15, 2021] there were a total of 121 Writ Petitions filed by the Liquor Vendors (“the Petitioners”) seeking

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No income tax payable on sales proceeds of Certified Emission Reduction Credit procured on Clean Development Mechanism

In The Commissioner of Income Tax, Chennai v. M/S. Wescare (India) Ltd [Tax Case Appeal No.434 of 2021 dated September 02, 2021], the Commissioner of Income Tax, Chennai ("the Appellant")

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Directed CBDT to dispose the representation w.r.t. TDS on e-commerce transactions within 6 months

In MJunction Services Ltd. and Anr. v. Union of India and Ors. [WPO/441/2021 dated August 25, 2021], MJunction Services Ltd. ("the Petitioner") filed a writ petition being aggrieved

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