Income Tax Appellate Tribunal Case Commentaries

Separation of Assessment and Penalty Proceedings Under the Income Tax Act

Date: Oct 30, 2015

Separation of Assessment and Penalty Proceedings Under the Income Tax Act Introduction The case of Commissioner of Income-tax (Central), Ludhiana v. Rakesh Nain Trivedi adjudicated by the Income Tax...

Limitation on Levying Late Filing Fees under Section 234E via Section 200A Intimations

Date: Oct 30, 2015

Limitation on Levying Late Filing Fees under Section 234E via Section 200A Intimations Introduction The case of M/s Khanna Watches Ltd. v. DCIT(CPC)-TDS adjudicated by the Income Tax Appellate...

Deletion of Penalties Under Section 271(1)(c) for Disallowances Under Section 14A: Insights from the CIT(A) Judgment in M/S. Max India Ltd.

Date: Oct 28, 2015

Deletion of Penalties Under Section 271(1)(c) for Disallowances Under Section 14A: Insights from the CIT(A) Judgment in M/S. Max India Ltd. Introduction The case of The Assistant Commissioner of...

Disallowance of Expenditure Under Section 14A Without Receipt of Exempt Income: Analysis of Dcit, Central Circle-18 & 19 Mumbai Applant v. Viraj Profiles Limited

Date: Oct 22, 2015

Disallowance of Expenditure Under Section 14A Without Receipt of Exempt Income: Analysis of Dcit, Central Circle-18 & 19 Mumbai Applant v. Viraj Profiles Limited Introduction The case of Dcit,...

Hycron Electronics v. ITO: Clarifying Penalty Imposition under Section 271(1)(c) of the Income Tax Act

Date: Oct 9, 2015

Hycron Electronics v. ITO: Clarifying Penalty Imposition under Section 271(1)(c) of the Income Tax Act Introduction The case of Hycron Electronics v. Income Tax Officer (ITO) adjudicated by the...

Distinguishing Section 153(2A) and 153(3)(ii) Assessments in Income Tax Appeals: Insights from U.P. Forest Corporation v. DCIT Range-1, Lucknow

Date: Sep 24, 2015

Distinguishing Section 153(2A) and 153(3)(ii) Assessments in Income Tax Appeals: Insights from U.P. Forest Corporation Lucknow v. DCIT Range-1, Lucknow Introduction The case of U.P. Forest...

Taxation of Surrendered Income: Distinction Between Business Income and Deemed Income

Date: Sep 18, 2015

Taxation of Surrendered Income: Distinction Between Business Income and Deemed Income Introduction The case of Gaurish Steels (P.) Ltd. v. Assistant Commissioner of Income-tax adjudicated by the...

Limitation on Levying Late Filing Fees under Section 234E: A Landmark Judgment

Date: Sep 4, 2015

Limitation on Levying Late Filing Fees under Section 234E: A Landmark Judgment Introduction In the realm of taxation law, the timely filing of tax returns and accurate deduction at source are...

Defining Dependent Agent Permanent Establishment under Indo-UK DTAA: Insights from Reuters Limited v. CIT

Date: Aug 29, 2015

Defining Dependent Agent Permanent Establishment under Indo-UK DTAA: Insights from Reuters Limited v. CIT Introduction The case of Reuters Limited v. CIT, adjudicated by the Income Tax Appellate...

Interpretation of 'Purchase' under Section 54: Shri Hasmukh N. Gala v. Income Tax Officer

Date: Aug 20, 2015

Interpretation of 'Purchase' under Section 54: Shri Hasmukh N. Gala v. Income Tax Officer Introduction The case of Shri Hasmukh N. Gala versus the Income Tax Officer adjudicated by the Income Tax...

Jurisdictional Requirements under Section 153C Income Tax Act: Satkar Roadlines Pvt. Ltd. Judgment Analysis

Date: Aug 15, 2015

Jurisdictional Requirements under Section 153C Income Tax Act: Satkar Roadlines Pvt. Ltd. Judgment Analysis 1. Introduction The case of Deputy Commissioner of Income-tax, Central Circle-21, New Delhi...

Novo Nordisk India Pvt. Ltd. v. CIT: A Landmark Decision on Transfer Pricing and International Transactions

Date: Jul 31, 2015

Novo Nordisk India Pvt. Ltd. v. CIT: A Landmark Decision on Transfer Pricing and International Transactions Introduction The case of Novo Nordisk India Pvt. Ltd. v. The Deputy Commissioner of Income...

Enhancing Scrutiny Over Share Capital and Premium: Insights from Subhlakshmi Vanijya Pvt. Ltd. v. CIT

Date: Jul 31, 2015

Enhancing Scrutiny Over Share Capital and Premium: Insights from Subhlakshmi Vanijya Pvt. Ltd. v. CIT Introduction The case of Subhlakshmi Vanijya Pvt. Ltd. v. CIT adjudicated by the Income Tax...

Limits on Levying Fees under Section 234E while Processing Statements under Section 200A: Insights from G.Indhirani, Salem v. DCIT, Ghaziabad

Date: Jul 11, 2015

Limits on Levying Fees under Section 234E while Processing Statements under Section 200A: Insights from G.Indhirani, Salem v. DCIT, Ghaziabad Introduction The case of G.Indhirani, Salem v. DCIT,...

Clarifying Tax Deduction at Source Obligations: Outotec India Pvt. Ltd. v. CIT Tribunal Guidelines

Date: Jul 9, 2015

Clarifying Tax Deduction at Source Obligations: Outotec India Pvt. Ltd. v. CIT Tribunal Guidelines Introduction The case of Outotec India Pvt. Ltd. v. CIT adjudicated by the Income Tax Appellate...

Clarifying 'Quasi Capital' in Transfer Pricing – Soma Textile & Industries Limited vs Additional Commissioner of Income Tax

Date: Jul 8, 2015

Clarifying 'Quasi Capital' in Transfer Pricing – Soma Textile & Industries Limited vs Additional Commissioner of Income Tax Introduction The case of Soma Textile & Industries Limited Rakhial Road,...

Limitations on Levying Fees under Section 234E via Section 200A Intimations: Insights from Sibia Healthcare Pvt. Ltd. v. Dy. Commissioner of Income-Tax

Date: Jun 10, 2015

Limitations on Levying Fees under Section 234E via Section 200A Intimations: Insights from Sibia Healthcare Pvt. Ltd. v. Dy. Commissioner of Income-Tax Introduction The case of Sibia Healthcare...

Previous Next