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Income Tax Appellate Tribunal Case Commentaries

Affirmation of Tax Residency Certificates in DTAA Benefits: Reverse Age Health Services Pte Ltd v DCIT

Affirmation of Tax Residency Certificates in DTAA Benefits: Reverse Age Health Services Pte Ltd v DCIT

Date: Feb 18, 2023
Affirmation of Tax Residency Certificates in DTAA Benefits: Reverse Age Health Services Pte Ltd v DCIT Introduction The case of Reverse Age Health Services Pte Ltd v. DCIT adjudicated by the Income...
Saravana Stocks Investments (P) Ltd. v. ACIT Company Circle VI: Establishing the Right to Reopen Ex-Parte Orders under Rule 24 ITAT Rules

Saravana Stocks Investments (P) Ltd. v. ACIT Company Circle VI: Establishing the Right to Reopen Ex-Parte Orders under Rule 24 ITAT Rules

Date: Feb 18, 2023
Re-Opening of Ex-Parte Orders under Rule 24 ITAT Rules: A Comprehensive Analysis of Saravana Stocks Investments (P) Ltd. v. ACIT Company Circle VI Introduction The case of Saravana Stocks Investments...
ITA Hyderabad Tribunal Establishes Benchmarked Transfer Pricing for Captive Power Plants under Section 80-IA

ITA Hyderabad Tribunal Establishes Benchmarked Transfer Pricing for Captive Power Plants under Section 80-IA

Date: Feb 18, 2023
ITA Hyderabad Tribunal Establishes Benchmarked Transfer Pricing for Captive Power Plants under Section 80-IA Introduction The case of Bharathi Cement Corporation Private Limited versus the Deputy...
Taxability of Write Back from Provisions under Section 36(1)(viia): ITAT Rajkot Decision

Taxability of Write Back from Provisions under Section 36(1)(viia): ITAT Rajkot Decision

Date: Feb 16, 2023
Taxability of Write Back from Provisions under Section 36(1)(viia): ITAT Rajkot Decision Introduction The case of Shri Rajkot District Cooperative Bank Ltd. versus The Principal Commissioner of...
Tax Tribunal Upholds Section 80IA Deduction Despite Technical Filing Issues

Tax Tribunal Upholds Section 80IA Deduction Despite Technical Filing Issues

Date: Feb 8, 2023
Tax Tribunal Upholds Section 80IA Deduction Despite Technical Filing Issues Introduction In the case of DCIT, Hisar v. M/s Synergy Waste Management Pvt. Ltd., the Income Tax Appellate Tribunal (ITA),...
Clarification on TDS Applicability and Cash Deposits Post-Demonetization: Insights from VIDHIYASEKARAN PRADEEP MALLIRAJ v. ITO

Clarification on TDS Applicability and Cash Deposits Post-Demonetization: Insights from VIDHIYASEKARAN PRADEEP MALLIRAJ v. ITO

Date: Feb 8, 2023
Clarification on TDS Applicability and Cash Deposits Post-Demonetization: Insights from VIDHIYASEKARAN PRADEEP MALLIRAJ v. ITO Introduction The case of Vidhiyasekaran Pradeep Malliraj vs. Income Tax...
Recognition of TCS Credit in Partnership Firms: M/s Hotel Ashok Garden vs. ITO, Hubli

Recognition of TCS Credit in Partnership Firms: M/s Hotel Ashok Garden vs. ITO, Hubli

Date: Feb 7, 2023
Recognition of TCS Credit in Partnership Firms: M/s Hotel Ashok Garden vs. ITO, Hubli Introduction The case of M/s. Hotel Ashok Garden, Dharwad v. The Income Tax Officer, Ward-1(1), Hubli adjudicated...
ITAT Rajkot's Landmark Decision on Limitation of Interest Liabilities under Sections 234A and 234B

ITAT Rajkot's Landmark Decision on Limitation of Interest Liabilities under Sections 234A and 234B

Date: Feb 4, 2023
ITAT Rajkot's Landmark Decision on Limitation of Interest Liabilities under Sections 234A and 234B Introduction The case of Shri Dhirendra Narbheram Sheth, Rajkot v. The Income Tax Officer- Ward 2...
ITA Affirms Disallowance of Long Term Capital Gains Exemption for Non-Genuine Share Transactions in Penny Stock Companies

ITA Affirms Disallowance of Long Term Capital Gains Exemption for Non-Genuine Share Transactions in Penny Stock Companies

Date: Jan 31, 2023
ITA Affirms Disallowance of Long Term Capital Gains Exemption for Non-Genuine Share Transactions in Penny Stock Companies Introduction The case of Atmiben Alpitkumar Doshi vs. The Income Tax Officer,...
Clarifying the Onus of Proving Unexplained Cash Credits: Insights from ITO, Ward-3, Palanpur v. Sweta Makkhanlal Agrawal

Clarifying the Onus of Proving Unexplained Cash Credits: Insights from ITO, Ward-3, Palanpur v. Sweta Makkhanlal Agrawal

Date: Jan 26, 2023
Clarifying the Onus of Proving Unexplained Cash Credits: Insights from ITO, Ward-3, Palanpur v. Sweta Makkhanlal Agrawal Introduction The case of ITO, Ward-3, Palanpur v. Sweta Makkhanlal Agrawal...
Enhanced Enforcement of Penalty Provisions under Section 271(1)(c) for Inaccurate Income Disclosures

Enhanced Enforcement of Penalty Provisions under Section 271(1)(c) for Inaccurate Income Disclosures

Date: Jan 24, 2023
Enhanced Enforcement of Penalty Provisions under Section 271(1)(c) for Inaccurate Income Disclosures Introduction The case of Abhinav International Pvt. Ltd., New Delhi v. DCIT Circle-1(1), New Delhi...
Non-Deductibility of Interest on Delayed TDS Deposits Confirmed: ITAT Kolkata Sets New Precedent

Non-Deductibility of Interest on Delayed TDS Deposits Confirmed: ITAT Kolkata Sets New Precedent

Date: Jan 21, 2023
Interest on Delayed TDS Deposits Not Allowable as Business Expenditure: ITAT Kolkata Sets New Precedent Introduction The case of M/s Premier Irrigation Adritec (P) Ltd., Kolkata v. ACIT, CIR-11(1),...
Deducting Eligible Business Losses Under Section 80IA: Insights from Satya Narayan Dhoot v. Pr. CIT-1, Jodhpur

Deducting Eligible Business Losses Under Section 80IA: Insights from Satya Narayan Dhoot v. Pr. CIT-1, Jodhpur

Date: Jan 18, 2023
Deducting Eligible Business Losses Under Section 80IA: Insights from Satya Narayan Dhoot v. Pr. CIT-1, Jodhpur Introduction The case of Satya Narayan Dhoot v. Pr. CIT-1, Jodhpur adjudicated by the...
ITA Ward-35(5), ND v. Plasto Polymer: Affirming Accessible Value in Import Valuation for Income Tax Assessment

ITA Ward-35(5), ND v. Plasto Polymer: Affirming Accessible Value in Import Valuation for Income Tax Assessment

Date: Jan 18, 2023
ITA Ward-35(5), ND v. Plasto Polymer: Affirming Accessible Value in Import Valuation for Income Tax Assessment Introduction The case of ITO Ward-35(5), New Delhi v. Plasto Polymer (India), New Delhi...
ITAT Jodhpur's Landmark Ruling on Section 263 Revision Proceedings: O.S. Motors Pvt. Ltd. vs Principal Commissioner of Income Tax

ITAT Jodhpur's Landmark Ruling on Section 263 Revision Proceedings: O.S. Motors Pvt. Ltd. vs Principal Commissioner of Income Tax

Date: Jan 17, 2023
ITAT Jodhpur's Landmark Ruling on Section 263 Revision Proceedings: O.S. Motors Pvt. Ltd. vs Principal Commissioner of Income Tax Introduction The case of O.S. Motors Pvt. Ltd. vs Principal...
Tribunal Validates Extended Filing Deadlines for Cooperative Societies Under Section 139(1) for Section 80P Deductions

Tribunal Validates Extended Filing Deadlines for Cooperative Societies Under Section 139(1) for Section 80P Deductions

Date: Jan 17, 2023
Tribunal Validates Extended Filing Deadlines for Cooperative Societies Under Section 139(1) for Section 80P Deductions Introduction The case of CSI Credit Co-Operative Society, Tumkur v. Income Tax...
Reaffirming Tangible Reasons for Reopening Assessment under Section 147: Insights from Smt. Sudesh Rani v. ACIT

Reaffirming Tangible Reasons for Reopening Assessment under Section 147: Insights from Smt. Sudesh Rani v. ACIT

Date: Jan 13, 2023
Reaffirming Tangible Reasons for Reopening Assessment under Section 147: Insights from Smt. Sudesh Rani v. ACIT Introduction The case of Smt. Sudesh Rani v. ACIT, adjudicated by the Income Tax...
Tribunal Allows Foreign Tax Credit Despite Late Filing of Form 67 Due to COVID-19: Bhaskar Dutta v. DCIT

Tribunal Allows Foreign Tax Credit Despite Late Filing of Form 67 Due to COVID-19: Bhaskar Dutta v. DCIT

Date: Jan 12, 2023
Tribunal Allows Foreign Tax Credit Despite Late Filing of Form 67 Due to COVID-19: Bhaskar Dutta v. DCIT Introduction The case of Bhaskar Dutta v. Director of Central Income Tax (DCIT), Int. Taxation...
Limitations on Revisory Assessments under Section 263: ITAT Overrules Revenue's Second Revision in Swasti Realinfra Pvt. Ltd. vs. ITO

Limitations on Revisory Assessments under Section 263: ITAT Overrules Revenue's Second Revision in Swasti Realinfra Pvt. Ltd. vs. ITO

Date: Jan 12, 2023
Limitations on Revisory Assessments under Section 263: ITAT Overrules Revenue's Second Revision in Swasti Realinfra Pvt. Ltd. vs. ITO Introduction The case of M/s. Swasti Realinfra Private Limited v....
Strict Adherence to Section 144C Procedures: Insights from Apache Footwear India Pvt. Ltd. v. ACIT

Strict Adherence to Section 144C Procedures: Insights from Apache Footwear India Pvt. Ltd. v. ACIT

Date: Jan 12, 2023
Strict Adherence to Section 144C Procedures: Insights from Apache Footwear India Pvt. Limited v. Assistant Commissioner of Income Tax, Circle-1(1), Tirupati Introduction The case of Apache Footwear...
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