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Income Tax Appellate Tribunal Case Commentaries

Annexure A-1 as Dumb Document: Apt Basis for Income Addition Rejected by ITAT in Assistant Commissioner v. Sharad Chaudhary

Annexure A-1 as Dumb Document: Apt Basis for Income Addition Rejected by ITAT in Assistant Commissioner v. Sharad Chaudhary

Date: Jul 26, 2014
Annexure A-1 as Dumb Document: Apt Basis for Income Addition Rejected by ITAT in Assistant Commissioner v. Sharad Chaudhary Introduction The case of Assistant Commissioner of Income-tax v. Sharad...
Comprehensive Commentary on Filatex India Ltd. v. Commissioner of Income-tax-IV: Clarifying Section 153A Assessments

Comprehensive Commentary on Filatex India Ltd. v. Commissioner of Income-tax-IV: Clarifying Section 153A Assessments

Date: Jul 15, 2014
Comprehensive Commentary on Filatex India Ltd. v. Commissioner of Income-tax-IV: Clarifying Section 153A Assessments 1. Introduction The case of Filatex India Ltd. v. Commissioner of Income-tax-IV...
Jurisdictional Bar on Tax Assessments of Amalgamated Companies: Insights from Commissioner of Income-tax-III v. Dimension Apparels

Jurisdictional Bar on Tax Assessments of Amalgamated Companies: Insights from Commissioner of Income-tax-III v. Dimension Apparels

Date: Jul 9, 2014
Jurisdictional Bar on Tax Assessments of Amalgamated Companies: Insights from Commissioner of Income-tax-III v. Dimension Apparels Introduction The case Commissioner of Income-tax-III v. Dimension...
Restricting Additions Under Section 68 to Incriminating Evidence in Completed Assessments: Insights from Sanjay Aggarwal v. DCIT

Restricting Additions Under Section 68 to Incriminating Evidence in Completed Assessments: Insights from Sanjay Aggarwal v. DCIT

Date: Jun 17, 2014
Restricting Additions Under Section 68 to Incriminating Evidence in Completed Assessments: Insights from Sanjay Aggarwal v. DCIT Introduction The case of Sanjay Aggarwal v. Deputy Commissioner of...
Deemed Transfer and Section 153A Assessments: Comprehensive Analysis of M/s. Joint Investment Pvt. Ltd. v. ACIT

Deemed Transfer and Section 153A Assessments: Comprehensive Analysis of M/s. Joint Investment Pvt. Ltd. v. ACIT

Date: Jun 7, 2014
Deemed Transfer and Section 153A Assessments: Comprehensive Analysis of M/s. Joint Investment Pvt. Ltd. v. ACIT Introduction The case of M/s. Joint Investment Pvt. Ltd., New Delhi v. ACIT, New Delhi...
Mercer Consulting v. DCIT: A Landmark Judgment on Transfer Pricing Comparables under TNMM

Mercer Consulting v. DCIT: A Landmark Judgment on Transfer Pricing Comparables under TNMM

Date: Jun 7, 2014
Mercer Consulting v. DCIT: A Landmark Judgment on Transfer Pricing Comparables under TNMM Introduction The case of Mercer Consulting (India) Pvt. Ltd., Gurgaon v. DCIT, Gurgaon adjudicated by the...
Mandatory Enforcement of Rule 8D under Section 14A: Analysis of M/S. Joint Investment Pvt. Ltd. v. ACIIT

Mandatory Enforcement of Rule 8D under Section 14A: Analysis of M/S. Joint Investment Pvt. Ltd. v. ACIIT

Date: Jun 7, 2014
Mandatory Enforcement of Rule 8D under Section 14A: Analysis of M/S. Joint Investment Pvt. Ltd. v. ACIIT Introduction The case of M/S. Joint Investment Pvt. Ltd. v. Assistant Commissioner Of Income...
Proper Invocation of Section 14A and Income Classification: The Cit v. Magarpatta Decision

Proper Invocation of Section 14A and Income Classification: The Cit v. Magarpatta Decision

Date: May 28, 2014
Proper Invocation of Section 14A and Income Classification: The Cit v. Magarpatta Decision Introduction The case of Cit v. Magarpatta Township Development & Construction Company Ltd. adjudicated by...
Deletion of Unexplained Unsecured Loans under Section 68: Insights from Cit v. Land Mark Exim (P.) Ltd.

Deletion of Unexplained Unsecured Loans under Section 68: Insights from Cit v. Land Mark Exim (P.) Ltd.

Date: May 24, 2014
Deletion of Unexplained Unsecured Loans under Section 68: Insights from Cit v. Land Mark Exim (P.) Ltd. Introduction The case of Cit v. Land Mark Exim (P.) Ltd. adjudicated by the Income Tax...
Clarification on Deemed Dividend under Section 2(22)(e) and Scope of Section 153A: Kabul Chawla v. CIT

Clarification on Deemed Dividend under Section 2(22)(e) and Scope of Section 153A: Kabul Chawla v. CIT

Date: May 24, 2014
Clarification on Deemed Dividend under Section 2(22)(e) and Scope of Section 153A: Kabul Chawla v. CIT Introduction The case of Kabul Chawla v. CIT adjudicated by the Income Tax Appellate Tribunal on...
Clarifying Revisional Jurisdiction under Section 263: Insights from Insta Exhibitions Pvt. Ltd. v. DCIT Circle - 11

Clarifying Revisional Jurisdiction under Section 263: Insights from Insta Exhibitions Pvt. Ltd. v. DCIT Circle - 11

Date: May 16, 2014
Clarifying Revisional Jurisdiction under Section 263: Insights from Insta Exhibitions Pvt. Ltd. v. DCIT Circle - 11 Introduction The case of Insta Exhibitions Pvt. Ltd. v. DCIT Circle - 11...
Crystallization of Contractual Liabilities under Income Tax Act: Insights from Commissioner of Income-tax v. Shivam Motors (P.) Ltd.

Crystallization of Contractual Liabilities under Income Tax Act: Insights from Commissioner of Income-tax v. Shivam Motors (P.) Ltd.

Date: May 6, 2014
Crystallization of Contractual Liabilities under Income Tax Act: Insights from Commissioner of Income-tax v. Shivam Motors (P.) Ltd. Introduction The case of Commissioner of Income-tax v. Shivam...
Interpretation of Section 80-IA in Commencement of Business: Vodafone India Ltd. v. Union of India

Interpretation of Section 80-IA in Commencement of Business: Vodafone India Ltd. v. Union of India

Date: May 1, 2014
Interpretation of Section 80-IA in Commencement of Business: Vodafone India Ltd. v. Union of India Introduction In the landmark case of Vodafone India Ltd. v. Union of India, adjudicated by the...
Clarifying Arm’s Length Price Determination and Operating Revenue Composition in Techbooks International Pvt. Ltd. v. CIT

Clarifying Arm’s Length Price Determination and Operating Revenue Composition in Techbooks International Pvt. Ltd. v. CIT

Date: Apr 29, 2014
Clarifying Arm’s Length Price Determination and Operating Revenue Composition in Techbooks International Pvt. Ltd. v. CIT Introduction The case of Techbooks International Pvt. Ltd. v. CIT adjudicated...
Clarification on Treatment of Share Premiums and Disallowance of Expenditures Under Section 68 and Rule 8D: Cit vs. Gagandeep Infrastructure Pvt. Ltd.

Clarification on Treatment of Share Premiums and Disallowance of Expenditures Under Section 68 and Rule 8D: Cit vs. Gagandeep Infrastructure Pvt. Ltd.

Date: Apr 24, 2014
Clarification on Treatment of Share Premiums and Disallowance of Expenditures Under Section 68 and Rule 8D: Cit vs. Gagandeep Infrastructure Pvt. Ltd. Introduction The case of CIT vs. Gagandeep...
Global One India P. Ltd. v. Commissioner of Income Tax: Establishing Profit Split Method as the Most Appropriate Transfer Pricing Method

Global One India P. Ltd. v. Commissioner of Income Tax: Establishing Profit Split Method as the Most Appropriate Transfer Pricing Method

Date: Apr 16, 2014
Global One India P. Ltd. v. Commissioner of Income Tax: Establishing Profit Split Method as the Most Appropriate Transfer Pricing Method Introduction The case of Global One India P. Ltd. v....
Assessment of Disallowance under Section 14A: Desai & Gaikwad v. CIT Judgment Commentary

Assessment of Disallowance under Section 14A: Desai & Gaikwad v. CIT Judgment Commentary

Date: Apr 12, 2014
Assessment of Disallowance under Section 14A: Desai & Gaikwad v. CIT Judgment Commentary Introduction The case of Desai & Gaikwad v. CIT adjudicated by the Income Tax Appellate Tribunal on April 11,...
Cit v. Indian Hotels Company Ltd.: Key Precedents on Interest Disallowances and Transfer Pricing Adjustments

Cit v. Indian Hotels Company Ltd.: Key Precedents on Interest Disallowances and Transfer Pricing Adjustments

Date: Apr 10, 2014
Cit v. Indian Hotels Company Ltd.: Key Precedents on Interest Disallowances and Transfer Pricing Adjustments Introduction The case of Cit v. Indian Hotels Company Ltd. adjudicated by the Income Tax...
Exclusion of Sister Concern Turnover Rejected in Saroj Anil Steel P. Ltd. v. Ito

Exclusion of Sister Concern Turnover Rejected in Saroj Anil Steel P. Ltd. v. Ito

Date: Apr 5, 2014
Exclusion of Sister Concern Turnover Rejected in Saroj Anil Steel P. Ltd. v. Ito Introduction Saroj Anil Steel P. Ltd. v. Ito is a significant judgment delivered by the Income Tax Appellate Tribunal...
Deemed Transfer Not Established When Developer Fails to Perform Obligations: Binjusaria Properties Pvt. Ltd. v. CIT

Deemed Transfer Not Established When Developer Fails to Perform Obligations: Binjusaria Properties Pvt. Ltd. v. CIT

Date: Apr 5, 2014
Deemed Transfer Not Established When Developer Fails to Perform Obligations: Binjusaria Properties Pvt. Ltd. v. CIT Introduction The case of M/S. Binjusaria Properties Pvt. Ltd., Hyderabad v. Asstt....
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