Income Tax Judgements

Section 89 read with section 10(10C) of the Income-tax Act, 1961 - Salaries - Relief available when salary is paid in arrears or in advance - Assessment years 2001-02 and 2002-03 - Assessee, a bank employee, opted for retirement under Voluntary Retir

Section 201 read with section 192 of the Income-tax Act, 1961 – Deduction of tax at source – Consequence of failure to deduct or pay – Assessment years 1998-99 to 2002-03 – Assessee paid to some of its employees vehicle expenses reimbursements on bas

Section 254, read with section 263, of the Income-tax Act, 1961 - Appellate Tribunal - Powers of - Assessment year 1986-87 - Whether where Commissioner passed an order under section 263 directing disallowance of additional commission on ground that A

Section 245R of the Income-tax Act, 1961 - Advance ruling - Procedure on receipt of application for - Assessment years 2005-06 and 2006-07 -Whether in order to decide whether question raised in application is already pending before income-tax authori

Exemption under sections 54 and 54F of the Act would be allowable in respect of one residential house only. If the assessee has purchased more than one residential house, then the choice would be with assessee to avail the exemption in respect of ei

Notice u/s 201 and 201(1A) for recovery of tax not deducted/short-deducted and interest thereon cannot be issued beyond a period of 4 years Century Textiles and Industries Ltd. vs DCIT 13 SOT 507 ITAT, Mumbai Century Textiles and Industries L

Section 24 [as it stood prior to substitution by the Finance Act, 2001, with effect from 1-4-2002] of the Income-tax Act, 1961 – Income from house property – Deductions – Assessment year 1998-99 – Assessees were co-owners of lease hold rights in resp

Section 195 read with sections 9 and 44D of the Income-tax Act, 1961 - Deduction of tax at source - Payment to non-resident - Assessment year 1998-99 - Whether obligation to deduct tax under section 195 is only with reference to income element embedd

Section 195 of the Income-tax Act, 1961, read with article 12 of DTAA between India and Singapore - Deduction of tax at source - Payment to non-resident - Assessment year 2002-03 – Assessee, a public sector undertaking, was engaged in business of ref

Section 234C read with section 115JA of the Income-tax Act, 1961 - Interest - Chargeable as - Assessment year 1997-98 - Assessing Officer, during minimum alternative tax assessment under section 115JA, for deferment of payment of advance tax levied i