Income Tax Judgements

Sale proceeds at 15% retained through SPV by assessee

Poojitha Raam Vinay 14 August 2021 at 09:23

These appeals at the instance of the assessee are directed against 3 orders of the CIT(A), all dated 25.10.2018. The relevant assessment years are 2013-2014, 2014-2015 and 2015-2016.

Posted in Income Tax | 76 Views

Interest on tax not deducted at source u/s.201(1A) of the Income Tax Act

Poojitha Raam Vinay 14 August 2021 at 09:23

These appeals by the assessee are directed against the separate ex-parte orders of CIT(A)-13, Bengaluru, dated 03.12.2019; for Assessment Year 2013-14 dismissing the assessee’s appeals in limine by not condoning the delay in filing the appeal before

Posted in Income Tax | 80 Views

Income Tax refund cannot be withheld without assigning any reason

Bimal Jain 11 August 2021 at 09:12

In Mcnally Bharat Engineering Company Limited and Anr. V Assistant Commissioner of The Income Tax, Circle 1(1) Kolkata And 6 Others [WPO 80 of 2020 decided on August 8, 2021], Mcnally Bharat Engineering Company Limited ('the Petitioner') filed a writ

Posted in Income Tax | 136 Views

Is interest paid to be treated as undisclosed income when the date of PDCs are extended?

Poojitha Raam Vinay 11 August 2021 at 09:11

This appeal by the assessee is preferred against the order of the CIT(A) - XXXIII, New Delhi dated 31.10.2014 pertaining to A.Y 2006-07.

Posted in Income Tax | 140 Views

Search and seizure action u/s 132 of the Income Tax Act

Poojitha Raam Vinay 11 August 2021 at 09:11

This appeal filed by the Revenue is directed against the order dated 30.03.2016 of the learned CIT(A)-30, New Delhi, relating to Assessment Year 2011-12.

Posted in Income Tax | 128 Views

Solitary ground of appeal that the ld CIT(A) has incorrectly deleted the addition u/s 68 of the I.T. Act

Poojitha Raam Vinay 11 August 2021 at 09:11

This appeal is filed by the ld AO against the order of the ld CIT(A)-4, New Delhi dated 29.04.2016 for Assessment Year 2009-10.

Posted in Income Tax | 144 Views

Can common area maintenance charges be treated as business income from House Property?

Poojitha Raam Vinay 11 August 2021 at 09:11

With this appeal, the Revenue has challenged the correctness of the order of the CIT(A) - I, New Delhi dated 22.07.2016 pertaining to A.Y 2013-14.

Posted in Income Tax | 151 Views

Addition u/s. 40(a)(ia) on account of non-deduction of TDS u/s. 194J

Poojitha Raam Vinay 11 August 2021 at 09:11

Aggrieved by the order dated 10/01/2017 passed by the learned Commissioner of Income Tax (Appeals)-19, New Delhi ('Ld. CIT(A)') for the assessment year 2012-13, Arvind Kaushik (?the assessee?) filed this appeal.

Posted in Income Tax | 109 Views