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TR Vol-174 Issue-7, 17 Aug 2020
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Income Tax : News You Can Use - EPFO : EPFO sees three-fold rise in provident fund withdrawal claims through app 2 >>   
Income Tax : News You Can Use - Taxation : Modi unveils Taxpayers' Charter; Faceless assessment and faceless appeals 2 >>   
Income Tax : News You Can Use - PM Modi to launch Transparent Taxation on Thursday to ease compliance, benefit taxpayers 4 >>   
Income Tax : News You Can Use - Legal Heirs : Legal heirs not bound to inform I-T dept about assessee's death, rules HC 4 >>   
Income Tax : News You Can Use - Tax Scrutiny : Faceless tax scrutiny will ease compliance burden, increase fairness: FM 5 >>   
Income Tax : Statutes - Section 280A of Income Tax Act read with section 84 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015—Designated Courts—Notification No. 59/2020, dtd. 10-08-2020 7 >>   
Income Tax : Statutes - Section 143(3A)—Faceless Assessment Scheme—Amendments thereof—Notification No. 60/2020, dtd. 13-8-2020 [F.No. 370149/154/2019-TPL] 7 >>   
Income Tax : Statutes - Section 143(3B)—Faceless Assessment Scheme—Applicability of Provisions of the Income Tax Act—Notification No. 61/2020, dtd. 13-8-2020 [F.No. 370149/154/2019-TPL] 13 >>   
Income Tax : Statutes - Section 120—Income Tax Authorities—Change in jurisdiction—Notification No. 62/2020, dtd. 13-8-2020 [F. No. 187/3/2020-ITA-1] 20 >>   
Income Tax : Statutes - Section 120—Jurisdiction of Income Tax Authority—Notification No. 63/2020, dtd. 13-8-2020 [F. No. 187/3/2020-ITA-I] 20 >>   
Income Tax : Statutes - Section 120—Jurisdiction of Income Tax Authorities—Notification No. 66/2020, dtd. 13-8-2020 [F. No. 187/3/2020-ITA-I] 21 >>   
Income Tax : Statutes - Order Under Section 119 of the Income Tax Act, 1961—All Assessment Orders to be Passed by National e-Assessment Centre through the Faceless Assessment Scheme, 2019—Order dtd. 13-8-2020 [F No. 187/3/2020-ITA-I] 23 >>   
Income Tax : Statutes - Order Under Section 119 of the Income Tax Act, 1961—Restrictions on Power of Survey—Order dtd. 13-8-2020 [F.No. 187/3/2020-ITA-I] 24 >>   
Income Tax : Statutes - Income Tax (19th Amendment) Rules, 2020—Amendment of Rule 37BC—Insertion of Rule 114AAB—Notification No. 58/2020, dtd. 10-8-2020 [F. No. 370133/08/2020-TPL] 24 >>   
Income Tax : Articles - A Comprehensive Analysis of Section 194N—TDS on Cash Withdrawals—GURUPRASAD KASARAVALLI 28 >>   
Income Tax : Articles - Retrospectivity of Third Proviso to Section 50C and First Proviso to Section 43CA—SRIVATSAN RANGNATHAN 36 >>   
Income Tax : Articles - The Actual Consideration of the Property May be Taken as Full Value for the Purposes of Section 50C When Property is Disputed One—AKHILESH KUMAR SAH 40 >>   
Income Tax : Case Law Digests - ACIT v. Bhagwati Contractor New Delhi (2020) 174 TR (A) 747 (Del-Trib) : 2020 TaxPub(DT) 1040 (Del-Trib) 49 >>   
Income Tax : Case Law Digests - Asstt. CIT v. Dalmia Power Ltd. (2020) 174 TR (A) 758 (Mad-HC) : 2019 TaxPub(DT) 7451 (Mad-HC) : (2019) 418 ITR 242 (Mad) : (2020) 312 CTR (Mad) 127 59 >>   
Income Tax : Case Law Digests - Asstt. CIT v. ITM Ltd. (2020) 174 TR (A) 744 (Chd-Trib) : 2020 TaxPub(DT) 565 (Chd-Trib) 47 >>   
Income Tax : Case Law Digests - Asstt. CIT v. Par Excellence Leasing & Financial Services (P) Ltd. (2020) 174 TR (A) 766 (Del 'F'-Trib) : 2020 TaxPub(DT) 1211 (Del 'F'-Trib) : (2020) 203 TTJ (Del 'F'-Trib) 743 67 >>   
Income Tax : Case Law Digests - Asstt. CIT v. TPL Plastech Ltd. (2020) 174 TR (A) 761 (Mum-Trib) : 2020 TaxPub(DT) 840 (Mum-Trib) 62 >>   
Income Tax : Case Law Digests - Asstt. CIT v. Tulip Star Hotels Ltd. (2020) 174 TR (A) 745 (Del-Trib) : 2019 TaxPub(DT) 7304 (Del 'H'-Trib) : (2019) 74 ITR (Trib) 360 (Del 'H'-Trib) 47 >>   
Income Tax : Case Law Digests - B.S. Manjunath v. Dy. CIT (2020) 174 TR (A) 766 (Bang-Trib) : 2020 TaxPub(DT) 1303 (Bang-Trib) 66 >>   
Income Tax : Case Law Digests - Badhte Kadam v. Dy. CIT (2020) 174 TR (A) 742 (RP-Trib) : 2020 TaxPub(DT) 1206 (Raipur Bench) : (2020) 203 TTJ (Raipur Bench) 597 45 >>   
Income Tax : Case Law Digests - Boutique Hotels India (P.) Ltd. v. Asstt. CIT (2020) 174 TR (A) 767 (Del 'A'-Trib) : 2020 TaxPub(DT) 831 (Del 'A'-Trib) : (2020) 180 ITD 817 (Del 'A'-Trib) 67 >>   
Income Tax : Case Law Digests - Cuttack Hospitals (P) Ltd. v. Asstt. CIT (2020) 174 TR (A) 748 (Ctk-Trib) : 2020 TaxPub(DT) 356 (Ctk-Trib) 50 >>   
Income Tax : Case Law Digests - Devasamparambil Hassainar Kutty v. Asstt. CIT (2020) 174 TR (A) 743 (JP-Trib) : 2019 TaxPub(DT) 7596 (Jp-Trib) 45 >>   
Income Tax : Case Law Digests - Dy. CIT v. Blue Square Corporate Services (P.) Ltd. (2020) 174 TR (A) 755 (Mum-Trib) : 2020 TaxPub(DT) 477 (Mum-Trib) 57 >>   
Income Tax : Case Law Digests - Dy. CIT v. GRG Oil Mill (2020) 174 TR (A) 756 (Jod-Trib) : 2020 TaxPub(DT) 1207 (Jod) : (2020) 203 TTJ (Jod) 609 57 >>   
Income Tax : Case Law Digests - Dy. CIT v. Rajesh Malleables Ltd. (2020) 174 TR (A) 747 (Ahd-Trib) : 2020 TaxPub(DT) 602 (Ahd-Trib) 48 >>   
Income Tax : Case Law Digests - ITD v. Turquoise Investment & Finance (P) Ltd. (2020) 174 TR (A) 768 (MP-HC) : 2020 TaxPub(DT) 889 (MP-HC) 68 >>   
Income Tax : Case Law Digests - Kempsz Trading (P) Ltd. v. Dy. CIT (2020) 174 TR (A) 749 (Bang-Trib) : 2020 TaxPub(DT) 582 (Bang-Trib) 51 >>   
Income Tax : Case Law Digests - Kovilakam Hotels (P) Ltd. v. Asstt. CIT (2020) 174 TR (A) 750 (Coch-Trib) : 2020 TaxPub(DT) 1076 (Coch-Trib) 52 >>   
Income Tax : Case Law Digests - Magic Landcon LLP v. Pr. CIT (2020) 174 TR (A) 768 (Del-Trib) : 2020 TaxPub(DT) 1387 (Del-Trib) 69 >>   
Income Tax : Case Law Digests - N.K. Proteins Ltd. v. Pr. CIT (2020) 174 TR (A) 769 (Ahd-Trib) : 2020 TaxPub(DT) 1434 (Ahd-Trib) 69 >>   
Income Tax : Case Law Digests - Nigam Computers (P) Ltd. v. ITO (2020) 174 TR (A) 761 (Del-Trib) : 2020 TaxPub(DT) 1396 (Del-Trib) : (2020) 78 ITR (Trib) 384 (Del-Trib) 62 >>   
Income Tax : Case Law Digests - Pawan Kumar Jain v. ITO (2020) 174 TR (A) 752 (JAI-Trib) : 2019 TaxPub(DT) 8157 (Jp-Trib) 54 >>   
Income Tax : Case Law Digests - Pr. CIT v. Fine Line Circuits Company (2020) 174 TR (A) 741 (Guj-HC) : 2019 TaxPub(DT) 7431 (Guj-HC) : (2020) 421 ITR 225 (Guj) 44 >>   
Income Tax : Case Law Digests - Pr. CIT v. Sona Vets (P) Ltd. (2020) 174 TR (A) 757 (Cal-HC) : 2020 TaxPub(DT) 1462 (Cal-HC) 58 >>   
Income Tax : Case Law Digests - Prakash Gulabrai Chawla v. Asstt. CIT (2020) 174 TR (A) 743 (Mum-Trib) : 2019 TaxPub(DT) 7602 (Mum-Trib) 46 >>   
Income Tax : Case Law Digests - Ravi Kapoor & Anr. v. UOI & Ors. (2020) 174 TR (A) 770 (P&H-HC) : 2020 TaxPub(DT) 125 (P&H-HC) : (2019) 419 ITR 84 (P&H) 71 >>   
Income Tax : Case Law Digests - S. Sundaramurthy v. Pr. CIT (2020) 174 TR (A) 753 (Mad-HC) : 2019 TaxPub(DT) 8037 (Mad-HC) : (2020) 269 Taxman 107 (Mad) 54 >>   
Income Tax : Case Law Digests - Sanjay Agrawal v. ACIT (2020) 174 TR (A) 762 (Ind-Trib) : 2020 TaxPub(DT) 1298 (Ind-Trib) 63 >>   
Income Tax : Case Law Digests - Sankaranarayanan Rajshekar v. Dy. CIT (2020) 174 TR (A) 764 (Mad-HC) : 2020 TaxPub(DT) 903 (Mad-HC) : (2020) 269 Taxman 105 (Mad) 64 >>   
Income Tax : Case Law Digests - Sthapathya Buildcon (P) Ltd. v. Dy. CIT (2020) 174 TR (A) 769 (Ahd-Trib) : 2020 TaxPub(DT) 1198 (Ahd 'C'-Trib) : (2020) 203 TTJ (Ahd 'C'-Trib) 14 70 >>   
Income Tax : Case Law Digests - Sumohita Kaur v. ACIT (2020) 174 TR (A) 771 (Del-Trib) : 2020 TaxPub(DT) 853 (Del-Trib) 71 >>   
Income Tax : Case Law Digests - Sunderraj Srinivasan v. ITO (2020) 174 TR (A) 746 (Mum-Trib) : 2020 TaxPub(DT) 909 (Mum 'G'-Trib) 48 >>   
Income Tax : Case Law Digests - TCV Engineering Ltd. v. Asstt. CIT (2020) 174 TR (A) 764 (Mad-HC) : 2020 TaxPub(DT) 1026 (Mad-HC) 65 >>   
Income Tax : Case Law Digests - Thaniyam Panchayath Service Co-Operative Bank Ltd. v. ITO (2020) 174 TR (A) 763 (Coch-Trib) : 2020 TaxPub(DT) 1139 (Coch-Trib) 64 >>   
Income Tax : Case Law Digests - Unipres India (P) Ltd. v. ITO (2020) 174 TR (A) 746 (Chen-Trib) : 2019 TaxPub(DT) 7908 (Chenn-Trib) 48 >>   
Income Tax : Case Law Digests - Vijay Group of Companies v. ACIT (2020) 174 TR (A) 753 (Jai-Trib) : 2019 TaxPub(DT) 7635 (Jp-Trib) 55 >>   
Income Tax : Case Law Digests - Walvoil Fluid Power India (P) Ltd. v. Dy. CIT (2020) 174 TR (A) 750 (Bang-Trib) : 2020 TaxPub(DT) 1149 (Bang-Trib) 52 >>   
International Taxation : Statutes - Mutual Agreement Procedure (MAP) Guidance—MAP Guidance/2020, dtd. 7-8-2020 [F.No. 500/09/2016-APA-I] 74 >>   
International Taxation : Articles - Deeming Certain Persons as Resident in India [Stateless Persons]—CA. MANOJ GUPTA 87 >>   
Corporate Laws & GST : News You Can Use - MCA : Corporate Affairs Min releases report on business responsibility reporting 98 >>   
Corporate Laws & GST : Statutes - Central Goods and Services Tax (Ninth Amendment) Rules, 2020—Notification No. 60/2020–Central Tax, dtd. 30-7-2020 [F. No. CBEC-20/13/01/2019-GST] 99 >>   
Corporate Laws & GST : Statutes - Amendments in Notification No.13/2020–Central Tax, dated 21st March, 2020—Notification No. 61/2020 – Central Tax, dtd. 30-7-2020 [F. No. CBEC-20/13/01/2019-GST] 99 >>   
Corporate Laws & GST : Statutes - Further Issue of Share Capital—Clarification on Despatch of Notice Under Sub-Section (2) by Listed Companies for Right Issue Opening upto 31-12-2020—General Circular No. 27/2020, dtd. 3-8-2020 [F. No. 2/4/2020-CL-V] 100 >>   
Corporate Laws & GST : Statutes - NCLT and NCLAT (Procedure for Investigation of Misbehavior or Incapacity of Chairperson, President and other Members) Rules, 2020—Notification, dtd. 28-7-2020 [F.No. A-45011/70/2018- Ad.IV] 100 >>   
Corporate Laws & GST : Statutes - Grievance Resolution Between Listed Entities And Proxy Advisers—Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/119, dtd. 4-8-2020 102 >>   
Corporate Laws & GST : Statutes - Relaxations Relating to Procedural Matters—Takeovers and Buy-Back—Circular No. SEBI/HO/CFD/DCR2/CIR/P/2020/139, dtd. 27-7-2020 102 >>   
Corporate Laws & GST : Statutes - Extension of Time For Submission of Financial Results for The Quarter/Half Year/Financial Year Ended 30th June 2020—Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/140 dtd. 29-7-2020 103 >>   
Corporate Laws & GST : Statutes - Relaxation in Timelines for Compliance with Regulatory Requirements—Circular No. SEBI/HO/MIRSD/DOP/CIR/P/2020/141, dtd. 29-7-2020 103 >>   
Corporate Laws & GST : Statutes - Relaxation in Timelines for Compliance with Regulatory Requirements—Circular No. SEBI/HO/MIRSD/DOP/CIR/P/2020/142, dtd. 29-7-2020 103 >>   
Corporate Laws & GST : Statutes - Implementation of SEBI Circular on Margin Obligations to be Given by Way of Pledge/Re-Pledge in Depository System—Circular No. SEBI/HO/MIRSD/DOP/CIR/P/2020/143, dtd. 29-7-2020 103 >>   
Corporate Laws & GST : Statutes - Clarification on Applicability of Regulation 40(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015—Circular SEBI/HO/CFD/CMD1/CIR/P/2020/144, dtd. 31-7-2020 103 >>   
Corporate Laws & GST : Statutes - Use of Digital Signature Certifications for Authentication/Certification of Filings/Submissions made to Stock Exchanges—Circular SEBI/HO/CFD/CMD1/CIR/P/2020/145, dtd. 31-7-2020 103 >>   
Corporate Laws & GST : Statutes - Collection and Reporting of Margins by Trading Member (TM)/Clearing Member (CM) in Cash Segment—Circular SEBI/HO/MIRSD/DOP/CIR/P/2020/146, dtd. 31-7-2020 103 >>   
Corporate Laws & GST : Statutes - Procedural Guidelines For Proxy Advisors—Circular No. SEBI/HO/IMD/DF1/CIR/P/2020/147, dtd. 3-8-2020 103 >>   
Corporate Laws & GST : Statutes - Securities Contracts (Regulation) (Second Amendment) Rules, 2020—Amendment in Rule 19A—Notification No. G.S.R. 485(E), dtd. 31-7-2020 [F.No. 5/35/CM/2006 VOLUME-III] 103 >>   
Corporate Laws & GST : Statutes - Decentralization of Work Related to Registration of Portfolio Managers—Press Release No. 41/2020, dtd. 4-8-2020 103 >>   
Corporate Laws & GST : Articles - Sale of Demo Cars—Taxability under GST—CA. SATYADEV PUROHIT 104 >>   
Corporate Laws & GST : Articles - Decoding e-Form PAS-6—PRAGYA LALWANI 108 >>   
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