Income Tax Appellate Tribunal Case Commentaries

Retrospective Application of Section 40(a)(IA) Amendments: Rajeev Kumar Agarwal v. Additional Commissioner of Income Tax

Date: May 30, 2013

Retrospective Application of Section 40(a)(IA) Amendments: Rajeev Kumar Agarwal v. Additional Commissioner of Income Tax Introduction The case of Rajeev Kumar Agarwal v. Additional Commissioner of...

Clarification on the Proper Application of Section 14-A and Rule 8-D in Disallowance of Expenditures Related to Exempt Income

Date: May 15, 2013

Clarification on the Proper Application of Section 14-A and Rule 8-D in Disallowance of Expenditures Related to Exempt Income Introduction The case of Deputy Commissioner Of Income-Tax, Central...

Assessment of Agricultural Income under Section 68: Insights from Asstt. Commissioner Of Income Tax-3, Mathura v. Shri Banwari Lal Agrawal

Date: May 11, 2013

Assessment of Agricultural Income under Section 68: Insights from Asstt. Commissioner Of Income Tax-3, Mathura v. Shri Banwari Lal Agrawal Introduction The case of Asstt. Commissioner Of Income...

O.P. Jindal Global University Case: Affirmation of Educational Institutions’ Eligibility under Section 12AA and Section 80G of the Income Tax Act

Date: May 3, 2013

O.P. Jindal Global University Case: Affirmation of Educational Institutions’ Eligibility under Section 12AA and Section 80G of the Income Tax Act Introduction The case of Commissioner of Income-tax,...

Comprehensive Commentary on Transfer Pricing Adjustments in Vodafone India Services (P.) Ltd. v. Deputy Commissioner of Income-tax

Date: Apr 27, 2013

Transfer Pricing Adjustments in Vodafone India Services (P.) Ltd. v. Deputy Commissioner of Income-tax: A Comprehensive Commentary Introduction The case of Vodafone India Services (P.) Ltd. v. Deputy...

Patni Telecom Solutions v. Assistant Commissioner of Income-tax: Redefining Comparability in Transfer Pricing for SMEs

Date: Apr 26, 2013

Patni Telecom Solutions v. Assistant Commissioner of Income-tax: Redefining Comparability in Transfer Pricing for SMEs Introduction The case of Patni Telecom Solutions (P.) Ltd. v. Assistant...

Clarifying the Applicability of Section 68: Insights from Income-tax Officer v. Kamal Kumar Mishra

Date: Apr 26, 2013

Clarifying the Applicability of Section 68: Insights from Income-tax Officer v. Kamal Kumar Mishra Introduction The case of Income-tax Officer, Barabanki v. Kamal Kumar Mishra adjudicated by the...

Protective and Substantive Assessments in Income Tax Appeals: Insights from Gopal Lal Bhadruka v. DCIT

Date: Apr 20, 2013

Protective and Substantive Assessments in Income Tax Appeals: Insights from Gopal Lal Bhadruka v. DCIT Introduction The case of Gopal Lal Bhadruka Hyderabad v. DCIT, Central Circle 2 Hyderabad...

Taxation of Ground Handling Services: ITAT Upholds Non-Taxability Under DTAA

Date: Apr 13, 2013

Taxation of Ground Handling Services: ITAT Upholds Non-Taxability Under DTAA Introduction The case of M/S KLM Royal Dutch Airlines versus the Deputy Director of Income Tax, International Taxation,...

Aurionpro Solutions Ltd. v. CIT: Landmark Decision on Transfer Pricing Adjustments for Interest-Free Loans

Date: Apr 13, 2013

Aurionpro Solutions Ltd. v. CIT: Landmark Decision on Transfer Pricing Adjustments for Interest-Free Loans Introduction The case of Aurionpro Solutions Ltd. v. CIT adjudicated by the Income Tax...

Tribunal Rules Online Advertising Payments to Foreign Search Engines Not Taxable in India

Date: Apr 13, 2013

Tribunal Rules Online Advertising Payments to Foreign Search Engines Not Taxable in India Introduction In the landmark case of ITO v. Right Florists Pvt Ltd., adjudicated by the Income Tax Appellate...

Clarifying the Application of Section 80-IA for Initial Assessment Year and Loss Set-Off: Shevie Exports v. Jt. Commissioner of Income Tax

Date: Apr 11, 2013

Clarifying the Application of Section 80-IA for Initial Assessment Year and Loss Set-Off Shevie Exports 304.A v. Jt. Commissioner Of Income Tax Range-18(2), Mumbai Income Tax Appellate Tribunal |...

IAT Clarifies Charitable Status Under Section 2(15) Post-Finance Act 2008: Entertainment Society of Goa v. CIT

Date: Apr 6, 2013

IAT Clarifies Charitable Status Under Section 2(15) Post-Finance Act 2008: Entertainment Society of Goa v. CIT Introduction The Entertainment Society of Goa (ESG) contested the cancellation of its...

Tribunal Upholds Deletion of Unsubstantiated Additions: Commissioner of Income-Tax vs Indrajit Singh Suri

Date: Apr 3, 2013

Tribunal Upholds Deletion of Unsubstantiated Additions: Commissioner of Income-Tax vs Indrajit Singh Suri Introduction The case of Commissioner of Income-Tax vs Indrajit Singh Suri adjudicated by the...

ITAT Sets Precedent on Jurisdiction and Limitation under Section 153C: M/S DSL Properties v. Deputy Commissioner of Income Tax

Date: Mar 23, 2013

ITAT Sets Precedent on Jurisdiction and Limitation under Section 153C: M/S DSL Properties v. Deputy Commissioner of Income Tax Introduction The case of M/S DSL Properties (P) Ltd. v. Deputy...

Limits on Section 153C Assessments: Ensuring Procedural Compliance and Adherence to Limitation Periods

Date: Mar 23, 2013

Limits on Section 153C Assessments: Ensuring Procedural Compliance and Adherence to Limitation Periods Introduction The case of M/s DSL Properties (P) Ltd., New Delhi v. DCIT, New Delhi adjudicated...

ITAT Nagpur Ruling on Section 271AAA: Concrete Developers v. Assistant Commissioner of Income-tax

Date: Mar 21, 2013

ITAT Nagpur Ruling on Section 271AAA: Concrete Developers v. Assistant Commissioner of Income-tax Introduction The case of Concrete Developers vs. Assistant Commissioner of Income-tax presents a...

Sesa Goa Ltd. v. Joint Commissioner of Income-tax: Establishing the Nexus of Expenditure with Exempt Income

Date: Mar 9, 2013

Sesa Goa Ltd. v. Joint Commissioner of Income-tax: Establishing the Nexus of Expenditure with Exempt Income Introduction The case of Sesa Goa Ltd. v. Joint Commissioner of Income-tax, Range - 1...

Anil Kumar Singhal v. Income-tax Officer, Ward 1(1), Agra: Reopening of Assessment and Scrutiny of Bogus Gifts

Date: Mar 1, 2013

Anil Kumar Singhal v. Income-tax Officer, Ward 1(1), Agra: Reopening of Assessment and Scrutiny of Bogus Gifts Introduction The case of Anil Kumar Singhal v. Income-tax Officer, Ward 1(1), Agra dealt...

Clarifying Eligibility for Section 80IA(4) Deduction: Insights from B.T. Patil & Sons and ABG Heavy Industries Ltd.

Date: Mar 1, 2013

Clarifying Eligibility for Section 80IA(4) Deduction: Insights from B.T. Patil & Sons and ABG Heavy Industries Ltd. Introduction The case of B.T. Patil & Sons Belgaum Constructions (P.) Ltd. v....