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TR Vol-176 Issue-5, 30 Nov 2020
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INCOME TAX : NEWS YOU CAN USE - Bankruptcy Code : Insolvency and Bankruptcy Board of India amends liquidation regulations to hasten process 2 >>   
INCOME TAX : NEWS YOU CAN USE - Income Tax : Centre planning mechanism to solve tax issues in real time; FM Sitharaman 2 >>   
INCOME TAX : NEWS YOU CAN USE - Moratorium : Loan moratorium is fiscal policy matter, we're on top of it: Centre to SC 4 >>   
INCOME TAX : NEWS YOU CAN USE - National Pension System : Subscribers under NPS, APY schemes reach 3.83 crore till Oct-end; PFRDA 6 >>   
INCOME TAX : NEWS YOU CAN USE - Vivad Se Vishwas : Govt. collects Rs 72K-cr under Vivad Se Vishwas direct tax resolution scheme 6 >>   
INCOME TAX : STATUTES - Income Tax Department Conducts Searches at Various Locations in Uttar Pradesh—Press Release dtd. 20-11-2020 7 >>   
INCOME TAX : SUBSCRIBER’S QUERIES - Return—Revised Return—Possibility 8 >>   
INCOME TAX : SUBSCRIBER’S QUERIES - Income from other sources—Under section 56(2)(x)—Gift to HUF of Grandson 8 >>   
INCOME TAX : ARTICLES - “Transfer” Does Not Cover Mere Providing Licence to Develop Land—Apex Court Decides—V.K. SUBRAMANI 9 >>   
INCOME TAX : ARTICLES - Where No Addition has been Made on Account of the Reasons Recorded for Re-Opening the Assessment Whether Additions can be Made in the Hands of the Assessee on any Other Account?—AKHILESH KUMAR SAH 14 >>   
INCOME TAX : CASE LAW DIGESTS - Aditya Birla Nuvo Ltd. v. Addl. CIT (2020) 176 TR (A) 490 (Mum-Trib) : 2020 TaxPub(DT) 1730 (Mum-Trib) 25 >>   
INCOME TAX : CASE LAW DIGESTS - Arihant Technology (P) Ltd. v. Pr. CIT (2020) 176 TR (A) 536 (Del-Trib) : 2020 TaxPub(DT) 2751 (Del-Trib) : (2020) 79 ITR (Trib) 119 (Del-Trib) 68 >>   
INCOME TAX : CASE LAW DIGESTS - Asstt. CIT v. International Paper Appm Ltd. (2020) 176 TR (A) 496 (Visakha-Trib) : 2019 TaxPub(DT) 7623 (Visakha Trib)  31 >>   
INCOME TAX : CASE LAW DIGESTS - Asstt. CIT v. Narbheram Vishram (2020) 176 TR (A) 525 (Kol-Trib) : 2020 TaxPub(DT) 1265 (Kol-Trib) 58 >>   
INCOME TAX : CASE LAW DIGESTS - Asstt. CIT v. Thane Bharat Sahakari Bank Ltd. (2020) 176 TR (A) 492 (Mum-Trib) : 2020 TaxPub(DT) 2947 (Mum-Trib) 26 >>   
INCOME TAX : CASE LAW DIGESTS - Bajaj Parivahan (P) Ltd. v. ITO (2020) 176 TR (A) 528 (Kol-Trib) : 2020 TaxPub(DT) 2907 (Kol-Trib) : (2020) 79 ITR (Trib) 705 (Kol-Trib) 60 >>   
INCOME TAX : CASE LAW DIGESTS - Capgemini Technology Services India Ltd. v. Dy. CIT (2020) 176 TR (A) 488 (Pun-Trib) : 2020 TaxPub(DT) 1505 (Pune-Trib)  23 >>   
INCOME TAX : CASE LAW DIGESTS - D.K. Shivakumar v. Income Tax Department (2020) 176 TR (A) 543 (Karn-HC) : 2019 TaxPub(DT) 8103 (Karn-HC) : (2020) 421 ITR 529 (Karn) 75 >>   
INCOME TAX : CASE LAW DIGESTS - Devi Shakuntala v. Dy. CIT (2020) 176 TR (A) 535 (Ind-Trib) : 2020 TaxPub(DT) 1768 (Ind-Trib)  67 >>   
INCOME TAX : CASE LAW DIGESTS - Dinesh Bohra v. UOI (2020) 176 TR (A) 486 (Raj-HC) : 2020 TaxPub(DT) 2021 (Raj-HC) 21 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Arvind Retail Ltd. (2020) 176 TR (A) 494 (Ahd-Trib) : 2020 TaxPub(DT) 1678 (Ahd-Tribl)  29 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Asian Consolidated Industries Ltd. (2020) 176 TR (A) 513 (Del-Trib) : 2020 TaxPub(DT) 1227 (Del-Trib) 47 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Lazer Soft Infosystem (P) Ltd. (2020) 176 TR (A) 488 (Chen-Trib) : 2020 TaxPub(DT) 2033 (ITAT-Chenn)  23 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Palava Dwellers (P) Ltd. (2020) 176 TR (A) 491 (Mum-Trib) : 2020 TaxPub(DT) 1775 (Mum-Trib)  26 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Shewale & Sons (2020) 176 TR (A) 514 (Pune-Trib) : 2020 TaxPub(DT) 1625 (Pune-Trib) 48 >>   
INCOME TAX : CASE LAW DIGESTS - Dynamic Engineers v. Asstt. CIT (2020) 176 TR (A) 495 (JP-Trib) : 2020 TaxPub(DT) 566 (Jp-Trib)  30 >>   
INCOME TAX : CASE LAW DIGESTS - Eurotech Marketing v. ITO (2020) 176 TR (A) 485 (Ker-HC) : 2020 TaxPub(DT) 2674 (Ker-HC) 20 >>   
INCOME TAX : CASE LAW DIGESTS - Incap Contract Manufacturing Services (P) Ltd. v. Dy. CIT (2020) 176 TR (A) 495 (Bang-Trib) : 2020 TaxPub(DT) 1363 (Bang 'C'-Trib) : (2020) 78 ITR (Trib) 130 (Bang 'C'-Trib) 30 >>   
INCOME TAX : CASE LAW DIGESTS - Indo Lloyd Freight Systems (P) Ltd. v. ITO (2020) 176 TR (A) 483 (Mad-HC) : 2020 TaxPub(DT) 1577 (Mad-HC) 19 >>   
INCOME TAX : CASE LAW DIGESTS - ITO v. Indian Corporate Loan Securities Trust (2020) 176 TR (A) 487(Mum-Trib) : 2020 TaxPub(DT) 815 (Mum-Trib)  22 >>   
INCOME TAX : CASE LAW DIGESTS - Jagdishbhai Madhubhai Patel v. ACIT (2020) 176 TR (A) 541 (Ahm-Trib) : 2020 TaxPub(DT) 2424 (Ahd-Trib)  73 >>   
INCOME TAX : CASE LAW DIGESTS - Jagwani Projects (P) Ltd. v. ITO (2020) 176 TR (A) 501 (KOL-Trib) : 2020 TaxPub(DT) 2121 (Kol-Trib)  36 >>   
INCOME TAX : CASE LAW DIGESTS - Jai Singh Goel v. Chief CIT & Anr. (2020) 176 TR (A) 485 (Del-HC) : 2020 TaxPub(DT) 1576 (Del-HC) 21 >>   
INCOME TAX : CASE LAW DIGESTS - Kusum Bhargav v. ITO (2020) 176 TR (A) 512 (Ind-Trib) : 2020 TaxPub(DT) 2097 (Ind-Trib) 46 >>   
INCOME TAX : CASE LAW DIGESTS - Lakshmi Satyanarayana Dutt Tadikonda v. UOI & Anr. (2020) 176 TR (A) 484 (Del-HC) : 2020 TaxPub(DT) 1163 (Del-HC)  19 >>   
INCOME TAX : CASE LAW DIGESTS - Maharashtra Engineering v. Pr. CIT (2020) 176 TR (A) 538 (Pun-Trib) : 2020 TaxPub(DT) 1912 (Pune-Trib) 70 >>   
INCOME TAX : CASE LAW DIGESTS - Medley Pharmaceuticals Ltd. v. Dy. CIT (2020) 176 TR (A) 505 (Mum-Trib) : 2020 TaxPub(DT) 2921 (Mum-Trib) : (2020) 207 TTJ (Mum-Trib) 143 39 >>   
INCOME TAX : CASE LAW DIGESTS - Nagravision India (P) Ltd. v. Asstt. CIT (2020) 176 TR (A) 499 (Bang-Trib) : 2020 TaxPub(DT) 2850 (Bang-Trib)  33 >>   
INCOME TAX : CASE LAW DIGESTS - Pr. CIT v. AGM India Advisors (P) Ltd. (2020) 176 TR (A) 532 (Bom-HC) : 2020 TaxPub(DT) 2492 (Bom-HC)  65 >>   
INCOME TAX : CASE LAW DIGESTS - Pr. CIT v. Ryatara Sahakari Sakkare Karkhane Niyamitha (2020) 176 TR (A) 539 (Karn-HC) : 2020 TaxPub(DT) 2044 (Karn-HC) 71 >>   
INCOME TAX : CASE LAW DIGESTS - Pr. CIT v. Summit India Water Treatment & Services Ltd. (2020) 176 TR (A) 537 (Guj-HC) : 2020 TaxPub(DT) 1328 (Guj-HC) : (2020) 271 Taxman 69 (Guj) : (2020) 315 CTR (Guj) 682 69 >>   
INCOME TAX : CASE LAW DIGESTS - Pravinbhai Kanubhai Desai v. Asstt. CWT (2020) 176 TR (A) 540 (Ahm-Trib) : 2020 TaxPub(DT) 2443 (Ahd-Trib)  72 >>   
INCOME TAX : CASE LAW DIGESTS - Rajaram Stock Broking Co. (Mumbai) (P) Ltd. v. ITO (2020) 176 TR (A) 538 (Mum-Trib) : 2020 TaxPub(DT) 3057 (Mum-Trib) 71 >>   
INCOME TAX : CASE LAW DIGESTS - Risha Tour & Travels v. ITO (2020) 176 TR (A) 540 (Luc-Trib) : 2020 TaxPub(DT) 1360 (Luck 'A'-Trib) : (2020) 78 ITR (Trib) 77 (Luck 'A'-Trib) 72 >>   
INCOME TAX : CASE LAW DIGESTS - Society for Indian Automobile Manufacturers v. ITO (2020) 176 TR (A) 489 (Del-Trib) : 2020 TaxPub(DT) 2206 (Del-Trib) 24 >>   
INCOME TAX : CASE LAW DIGESTS - Sprit Infrapower and Multiventures (P) Ltd. v. Pr. CIT (2020) 176 TR (A) 537 (Mum-Trib) : 2020 TaxPub(DT) 859 (Mum-Trib) 69 >>   
INCOME TAX : CASE LAW DIGESTS - Star Gems & Jewelry v. Pr. CIT (2020) 176 TR (A) 534 (Del-Trib) : 2020 TaxPub(DT) 2769 (Del-Trib) 67 >>   
INCOME TAX : CASE LAW DIGESTS - State Bank of India v. Addl. CIT (2020) 176 TR (A) 542 (Bang-Trib) : 2020 TaxPub(DT) 2706 (Bang-Trib) 74 >>   
INCOME TAX : CASE LAW DIGESTS - Tanglin Developments Ltd. v. Dy. CIT (2020) 176 TR (A) 533 (Bang-Trib) : 2020 TaxPub(DT) 2702 (Bang-Trib)  66 >>   
INCOME TAX : CASE LAW DIGESTS - The State Bank Employees Co-Operative Credit Society Ltd. v. Pr. CIT (2020) 176 TR (A) 533 (bang-Trib) : 2020 TaxPub(DT) 2094 (Bang-Trib)  65 >>   
INCOME TAX : CASE LAW DIGESTS - Thiagarajar Mills (P) Ltd. v. Jt. CIT (2020) 176 TR (A) 494 (Chen 'D'-Trib) : 2020 TaxPub(DT) 1200 (Chenn 'C'-Trib) : (2020) 203 TTJ (Chenn 'C'-Trib) 367  29 >>   
INCOME TAX : CASE LAW DIGESTS - UCB India (P) Ltd. v. Dy. CIT (2020) 176 TR (A) 531 (Mum-Trib) : 2020 TaxPub(DT) 1142 (Mum-Trib)  64 >>   
INCOME TAX : CASE LAW DIGESTS - United Bank of India v. Asstt. CIT (2020) 176 TR (A) 493 (Kol-Trib) : 2020 TaxPub(DT) 1144 (Kol-Trib)  27 >>   
INCOME TAX : CASE LAW DIGESTS - Vitthalray Souharda Pattin Sahakari Niyamit v. UOI (2020) 176 TR (A) 483 (Kar-HC) : 2020 TaxPub(DT) 2633 (Karn-HC)  18 >>   
INTERNATIONAL TAXATION : ARTICLES - Applicability of Section 206AA Where Payee Covered by DTAA—CA. MANOJ GUPTA 77 >>   
INTERNATIONAL TAXATION : CASE LAW DIGESTS - Aditya Birla Nuvo Ltd. v. Addl. CIT (2020) 176 TR (B) 563 (Mum-Trib) : 2020 TaxPub(DT) 1730 (Mum-Trib) 93 >>   
INTERNATIONAL TAXATION : CASE LAW DIGESTS - Capgemini Technology Services India Ltd. v. Dy. CIT (2020) 176 TR (B) 560 (Pun-Trib) : 2020 TaxPub(DT) 1505 (Pune-Trib)  90 >>   
INTERNATIONAL TAXATION : CASE LAW DIGESTS - Dy. CIT v. HSBC Bank (Mauritius) Ltd. (2020) 176 TR (B) 558 (Mum-Trib) : 2020 TaxPub(DT) 2829 (Mum-Trib) 88 >>   
INTERNATIONAL TAXATION : CASE LAW DIGESTS - Extentia Information Technology (P) Ltd. v. Dy. CIT (2020) 176 TR (B) 560 (Pun-Trib) : 2020 TaxPub(DT) 1509 (Pune-Trib)  91 >>   
INTERNATIONAL TAXATION : CASE LAW DIGESTS - Nagravision India (P) Ltd. v. Asstt. CIT (2020) 176 TR (B) 561 (Bang-Trib) : 2020 TaxPub(DT) 2850 (Bang-Trib) 94 >>   
INTERNATIONAL TAXATION : CASE LAW DIGESTS - Pr. CIT v. Valvoline Cummins (P) Ltd. (2020) 176 TR (B) 559 (Del-HC) : 2020 TaxPub(DT) 1798 (Del-HC) 89 >>   
INTERNATIONAL TAXATION : CASE LAW DIGESTS - Synamedia India (P) Ltd. v. Dy. CIT (2020) 176 TR (B) 558 (Bang-Trib) : 2020 TaxPub(DT) 2064 (Bang-Trib) 88 >>   
CORPORATE LAWS & GST : NEWS YOU CAN USE - SEBI : SEBI mulls lower dilution, 5 years for achieving 25% float for large IPOs 98 >>   
CORPORATE LAWS & GST : NEWS YOU CAN USE - GST : Fake invoice issue; GST Council law panel urges Aadhaar-like registration 99 >>   
CORPORATE LAWS & GST : NEWS YOU CAN USE - GST not a perfect system, requires changes, rate rationalisation: N K Singh 100 >>   
CORPORATE LAWS & GST : NEWS YOU CAN USE - Telangana opts for Option 1 to meet GST shortfall, joins 22 other states 101 >>   
CORPORATE LAWS & GST : STATUTES - Schemes of Arrangement by Listed Entities and Relaxation Under Sub-Rule (7) of Rule 19 of The Securities Contracts (Regulation) Rules, 1957—Circular No. SEBI/HO/CFD/DIL1/CIR/P /2020/ 215, dtd. 3-11-2020 102 >>   
CORPORATE LAWS & GST : ARTICLES - Whether GTA Services Received from Unregistered Transporter Attract Tax on RCM Basis—S. SWAMINATHAN 103 >>   
CORPORATE LAWS & GST : ARTICLES - Rights Issue : Rationalisation of Eligibility Criteria and Disclosure Requirements—PRAGYA BHANDARI 106 >>   
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