Journal TR

Show

** Full report can only be viewed from Issues published within your subscription period.
Income Tax Act, 1961 - Section 50C—Capital gains—Addition under section 50C—Value to be determined for the purpose of the stamp duty as applicable at the time of agreement
Late Shaileshkumar Ambalal Patel v. Dy. CIT (2022) 183 TR (A) 288 (Ahd-Trib) : 2021 TaxPub(DT) 5972 (Ahd-Trib)  
Income Tax Act, 1961 - Section 80P—Deduction under section 80P—Cooperative society carrying on banking business—Whether eligible for deduction under section 80(P)(2)(a)(i) after insertion of section 80P(4)
CIT v. Bangalore Commercial Transport Credit Co-operative Society Ltd. (2022) 183 TR (A) 296 (Karn-HC) : 2021 TaxPub(DT) 5822 (Karn-HC)  
Income Tax Act, 1961 - Section 263—Revision under section 263—Validity—Case of assessee selected for limited scrutiny—Quantum of capital gain arising to assessee as well as towards eligibility of deduction under section 54F
Rajesh Chand Surana v. Asstt. CIT (2022) 183 TR (A) 324 (Rai-Trib) : 2021 TaxPub(DT) 5626 (Raipur-Trib)  
Income Tax Act, 1961 - Section 143(3)—Assessment—Income of Satellite Rights for a movie—AO clearly bought out the factual position in its order
C. Padma @ Padma Udayar v. Dy. CIT (2022) 183 TR (A) 299 (Mad-HC) : 2021 TaxPub(DT) 5526 (Mad-HC)  
Income Tax Act, 1961 - Section 153A—Search and seizure—Assessment under section 153A—Validity—Mechanical approval granted under section 153D
Navin Jain v. Dy. CIT (2022) 183 TR (A) 310 (Lkw-Trib) : 2021 TaxPub(DT) 5464 (Luck-Trib) : (2021) 91 ITR (Trib) 682 (Luck-Trib)  
Income Tax Act, 1961 - Section 45—Capital gains—Chargeability—Assessee claimed sale of an agricultural land but failed to file sale deed to prove its claim
Chettinad Builders (P). Ltd. v. Dy. CIT (2022) 183 TR (A) 287 (Chen-Trib) : 2021 TaxPub(DT) 5332 (Chenn-Trib)  
Income Tax Act, 1961 - Section 271G—Penalty under section 271G—Failure to furnish information and document under section 92D—Leviability—Assessee failed to furnish segmental profitability of AE and non-AE segment
ACIT v. Fine Jewellery Manufacturing Ltd. (2022) 183 TR (A) 329 (Mum-Trib) : 2021 TaxPub(DT) 5324 (Mum ‘F’-Trib)  
Income Tax Act, 1961 - Section 69A—Income from undisclosed sources—Addition under section 69A—Seizure of cash—Assessee failed to explain source of seized cash
Subhash Chandra Tandon v. Asstt. CIT (2022) 183 TR (A) 293 (Del-Trib) : 2021 TaxPub(DT) 5302 (Del-Trib)  
Income Tax Act, 1961 - Section 57(iii)—Income from other sources—Deduction under section 57(iii)—Interest expenditure
Sanjeev Laroia v. Dy. CIT (2022) 183 TR (A) 290 (Del-Trib) : 2021 TaxPub(DT) 5298 (Del-Trib)  
Income Tax Act, 1961 - Section 14A—Disallowance under section 14A—Expenditure against exempt income—Disallowance over and above exempt income earned by assessee during the year
AMD Industries Ltd. v. Jt. CIT (2022) 183 TR (A) 279 (Del-Trib) : 2021 TaxPub(DT) 5241 (Del-Trib)