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TR Vol-181 Issue-6, 11-Oct-2021
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INCOME TAX : NEWS YOU CAN USE - Bankruptcy Code : IBC is a seminal reform; instrumental in changing feudal mindset: CEA 2 >>   
INCOME TAX : NEWS YOU CAN USE - Cryptoization : Emerging market 'cryptoization' threatens financial stability; IMF 3 >>   
INCOME TAX : NEWS YOU CAN USE - NFRA : NFRA asks ICAI to reconsider structure of its accounting standards proposal 4 >>   
INCOME TAX : NEWS YOU CAN USE - Pandora Papers Leak : Centre orders multi-agency investigation into Pandora Papers leak 4 >>   
INCOME TAX : NEWS YOU CAN USE - Retro Tax : Retro tax framework: Companies to indemnify govt against any future claims 5 >>   
INCOME TAX : STATUTES - CBDT Notifies Rules for Implementing the Amendments made by the Taxation Laws (Amendment) Act, 2021—Press Release, dtd. 2-10-2021 7 >>   
INCOME TAX : STATUTES - Income Tax Department Conducts searches in Ahmedabad—Press Release, dtd. 2-10-2021 7 >>   
INCOME TAX : STATUTES - Income Tax Department Conducts Searches in Maharashtra, Karnataka & Uttar Pradesh—Press Release, dtd. 4-10-2021 8 >>   
INCOME TAX : STATUTES - Cases Pertaining to ‘Pandora Papers’ to be Investigated—Press Release, dtd. 4-10-2021 8 >>   
INCOME TAX : STATUTES - Seychelles’ Tax Inspectors Without Borders (TIWB) Programme Launched in Partnership with India—Press Release, dtd. 4-10-2021 9 >>   
INCOME TAX : STATUTES - Income Tax (31st Amendment) Rules, 2021—Insertion of New Rule 11UE and 11UF—Insertion of New Appendix IV—Notification No. 118/2021, dtd. 1-10-2021 [F. No. 370142/47/2021-TPL] 10 >>   
INCOME TAX : ARTICLES - Clarification as Regards Deduction in Respect of Employees’ Contribution to Certain Specified Funds via Finance Act, 2021—Applicability of Amendment—CA. MANOJ GUPTA 41 >>   
INCOME TAX : ARTICLES - Addition on Account of Cash Deposit—Justification Under Varying Fact Situations—CA. NISHA BHANDARI 55 >>   
INCOME TAX : ARTICLES - In Absence of Any Proceeding of Re-assessment Initiated Prior to 1-4-2021, the Amended Law by the Finance Act, 2021 w.e.f. 1-4-2021 Shall Apply?—AKHILESH KUMAR SAH 61 >>   
INCOME TAX : CASE LAW DIGESTS - ACIT v. Hari Narain Parwal, HUF (2021) 181 TR (A) 673 (Jai-Trib) : 2020 TaxPub(DT) 4613 (Jp-Trib) 94 >>   
INCOME TAX : CASE LAW DIGESTS - ACIT v. Vithalrao Rangnathrao Ambarwadikar (2021) 181 TR (A) 678 (Pun-Trib) : 2021 TaxPub(DT) 2437 (Pune-Trib) 99 >>   
INCOME TAX : CASE LAW DIGESTS - Anil Bajaria v. Asstt. CIT (2021) 181 TR (A) 676 (Mum-Trib) : 2021 TaxPub(DT) 2006 (Mum-Trib) 97 >>   
INCOME TAX : CASE LAW DIGESTS - Anindita Steels Ltd. v. Pr. CIT (2021) 181 TR (A) 676 (Kol-Trib) : 2020 TaxPub(DT) 5246 (Kol-Trib) 96 >>   
INCOME TAX : CASE LAW DIGESTS - Asstt. CIT v. North American Coal Corp. India (P). Ltd. (2021) 181 TR (A) 670 (Pune-Trib) : 2021 TaxPub(DT) 2324 (Pune-Trib) 91 >>   
INCOME TAX : CASE LAW DIGESTS - Bank of India v. ITO (2021) 181 TR (A) 669 (Pune-Trib) : 2021 TaxPub(DT) 3358 (Pune-Trib) 89 >>   
INCOME TAX : CASE LAW DIGESTS - Best India Tobacco Suppliers (P). Ltd. v. CIT (2021) 181 TR (A) 647 (Del-HC) : 2021 TaxPub(DT) 3541 (AP-HC) 68 >>   
INCOME TAX : CASE LAW DIGESTS - C. Anitha v. ITO (2021) 181 TR (A) 648 (Mad-HC) : 2021 TaxPub(DT) 3548 (Mad-HC) 68 >>   
INCOME TAX : CASE LAW DIGESTS - Chand Singh v. Dy. CIT (2021) 181 TR (A) 662 (Del-Trib) : 2021 TaxPub(DT) 3619 (Del-Trib) 83 >>   
INCOME TAX : CASE LAW DIGESTS - Dimple Enterprises v. Dy. CIT (2021) 181 TR (A) 651 (Mum-Trib) : 2021 TaxPub(DT) 2977 (Mum-Trib) 72 >>   
INCOME TAX : CASE LAW DIGESTS - Dipalsureshbhai Patel v. ITO (2021) 181 TR (A) 654 (Ahm-Trib) : 2021 TaxPub(DT) 2055 (Ahd-Trib) 75 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Auster Properties Ltd. (2021) 181 TR (A) 663 (Mum-Trib) : 2021 TaxPub(DT) 2869 (Mum-Trib) 83 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Hari Krishna Exports (P) Ltd. (2021) 181 TR (A) 680 (Mum-Trib) : 2021 TaxPub(DT) 3570 (Mum-Trib) 100 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Pallavi Mishra (2021) 181 TR (A) 661 (JP-Trib) : 2021 TaxPub(DT) 3755 (Jp-Trib) 82 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. SIL Investment Ltd. (2021) 181 TR (A) 659 (Del-Trib) : 2021 TaxPub(DT) 3778 (Del-Trib) 79 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Vivek Mehrotra (2021) 181 TR (A) 651 (Mum-Trib) : 2021 TaxPub(DT) 3648 (Mum-Trib) 71 >>   
INCOME TAX : CASE LAW DIGESTS - G. Corp (P) Ltd. v. Pr. CIT (2021) 181 TR (A) 675 (Bang-Trib) : 2020 TaxPub(DT) 5233 (Bang-Trib) 95 >>   
INCOME TAX : CASE LAW DIGESTS - Genpact India (P) Ltd. v. Pr. CIT & Ors. (2021) 181 TR (A) 647 (Del-HC) : 2021 TaxPub(DT) 3309 (Del-HC) 67 >>   
INCOME TAX : CASE LAW DIGESTS - ITO v. Supergold Properties (P) Ltd. (2021) 181 TR (A) 656 (Mum-Trib) : 2020 TaxPub(DT) 4581 (Mum-Trib) 76 >>   
INCOME TAX : CASE LAW DIGESTS - K. Raheja IT Park (Hyderabad) (P) Ltd. v. Dy. CIT (2021) 181 TR (A) 674 (Hyd-Trib) : 2021 TaxPub(DT) 2654 (Hyd-Trib) 95 >>   
INCOME TAX : CASE LAW DIGESTS - Magnum Equity Broking Ltd. v. Asstt. CIT (2021) 181 TR (A) 663 (Mum-Trib) : 2021 TaxPub(DT) 2315 (Mum-Trib) 84 >>   
INCOME TAX : CASE LAW DIGESTS - Mayar India Ltd. v. Dy. CIT (2021) 181 TR (A) 678 (Del-Trib) : 2021 TaxPub(DT) 3744 (Del-Trib) 98 >>   
INCOME TAX : CASE LAW DIGESTS - Mewa Singh v. ITO (2021) 181 TR (A) 658 (Chd-Trib) : 2021 TaxPub(DT) 1818 (Chd-Trib) 79 >>   
INCOME TAX : CASE LAW DIGESTS - Narottam Manji Patel v. ITO (2021) 181 TR (A) 654 (Mum-Trib) : 2021 TaxPub(DT) 3170 (Mum-Trib) 74 >>   
INCOME TAX : CASE LAW DIGESTS - Narottam Sekhsaria v. Asstt. CIT (2021) 181 TR (A) 665 (Mum-Trib) : 2021 TaxPub(DT) 3213 (Mum-Trib) 86 >>   
INCOME TAX : CASE LAW DIGESTS - Palak Khatuja v. UOI (2021) 181 TR (A) 667 (Chhattisgarh-HC) : 2021 TaxPub(DT) 4689 (Chhatt-HC) 88 >>   
INCOME TAX : CASE LAW DIGESTS - Paramjeeet Singh v. ACIT (2021) 181 TR (A) 649 (Del-Trib) : 2021 TaxPub(DT) 2216 (Del-Trib) 70 >>   
INCOME TAX : CASE LAW DIGESTS - Pr. CIT v. Rajasthan Co-operative Dairy Federation Ltd. (2021) 181 TR (A) 652 (Raj-HC) : 2020 TaxPub(DT) 4444 (Raj-HC) : (2020) 423 ITR 89 (Raj) 73 >>   
INCOME TAX : CASE LAW DIGESTS - Raj Veer Singh v. Asstt. CIT (2021) 181 TR (A) 670 (Del-Trib) : 2021 TaxPub(DT) 3630 (Del-Trib) 90 >>   
INCOME TAX : CASE LAW DIGESTS - Rajarun Sadasivan v. ITO (2021) 181 TR (A) 655 (Chen-Trib) : 2020 TaxPub(DT) 4801 (Chenn-Trib) 76 >>   
INCOME TAX : CASE LAW DIGESTS - S.J. Suryah v. ITO (2021) 181 TR (A) 656 (Mad-HC) : 2021 TaxPub(DT) 1732 (Mad-HC) : (2021) 432 ITR 119 (Mad) 77 >>   
INCOME TAX : CASE LAW DIGESTS - Saraswat Co-operative Bank Ltd. v. ITO (2021) 181 TR (A) 650 (Mum-Trib) : 2021 TaxPub(DT) 3641 (Mum-Trib) 70 >>   
INCOME TAX : CASE LAW DIGESTS - Shelf Drilling Ron Tappmeyer Ltd. v. Dy. CIT (International Taxation) (2021) 181 TR (A) 671 (Mum-Trib) : 2021 TaxPub(DT) 227 (Mum 'I'-Trib) 92 >>   
INCOME TAX : CASE LAW DIGESTS - Soma Block Prints (P) Ltd. v. ITO (2021) 181 TR (A) 650 (JP-Trib) : 2021 TaxPub(DT) 3204 (Jp-Trib) 71 >>   
INCOME TAX : CASE LAW DIGESTS - Southern India Banks' Staff Training College v. CIT (Exemption) (2021) 181 TR (A) 649 (Bang-Trib) : 2021 TaxPub(DT) 2267 (Bang-Trib) 69 >>   
INCOME TAX : CASE LAW DIGESTS - Tarun Goel & Ors. v. ITO & Anr. (2021) 181 TR (A) 668 (Del-HC) : 2021 TaxPub(DT) 4582 (Del-HC) 89 >>   
INCOME TAX : CASE LAW DIGESTS - Tarun Lamba v. Dy. CIT (2021) 181 TR (A) 679 (Del-Trib) : 2021 TaxPub(DT) 3633 (Del-Trib) 99 >>   
INCOME TAX : CASE LAW DIGESTS - Thaniyam Panchayath Service Co-operative Bank Ltd v. ITO (2021) 181 TR (A) 669 (Ker-HC) : 2021 TaxPub(DT) 2106 (Ker-HC) : (2021) 436 ITR 266 (Ker) 90 >>   
INCOME TAX : CASE LAW DIGESTS - Transocean Offshore Deepwater Drilling Inc. v. Dy. CIT (2021) 181 TR (A) 653 (Dehradun-Trib) : 2021 TaxPub(DT) 3644 (Dehradun-Trib) 74 >>   
INCOME TAX : CASE LAW DIGESTS - Usha Martin Ltd. v. UOI (2021) 181 TR (A) 666 (Jharkhand-HC) : 2021 TaxPub(DT) 921 (Jhar-HC) : (2021) 436 ITR 154 (Jhar) : (2021) 279 Taxman 155 (Jhar) 87 >>   
INCOME TAX : CASE LAW DIGESTS - Uttarakhand Purv Sainik Kalyan Nigam Ltd. v. ITO (2021) 181 TR (A) 664 (Dehradun-Trib) : 2021 TaxPub(DT) 3187 (Dehradun-Trib) 85 >>   
INCOME TAX : CASE LAW DIGESTS - Vijay Champak Patel v. ITO (2021) 181 TR (A) 677 (Surat-Trib) : 2021 TaxPub(DT) 2366 (Surat-Trib) 98 >>   
INCOME TAX : CASE LAW DIGESTS - Vineet Malhotra v. Asstt. CIT (2021) 181 TR (A) 660 (Del-Trib) : 2021 TaxPub(DT) 2215 (Del-Trib) 81 >>   
CORPORATE LAWS & GST : NEWS YOU CAN USE - GST : GST mop up tops Rs 1 trn for third straight month; at Rs 1.17 trn in Sep 102 >>   
CORPORATE LAWS & GST : STATUTES - Clarification on Doubts Related to Scope of “Intermediary”—Circular No. 159/15/2021-GST, dtd. 20-9-2021 [F.No. CBIC-20001/8/2021-GST] 103 >>   
CORPORATE LAWS & GST : STATUTES - Clarification in Respect of Certain GST Related Issues—Circular No. 160/16/2021-GST, dtd. 20-9-2021 [F. No. CBIC-20001/8/2021-GST] 105 >>   
CORPORATE LAWS & GST : STATUTES - Clarification Relating to Export of Services-Condition (v) of Section 2(6) of the IGST Act 2017—Circular No. 161/17/2021-GST, dtd. 20-9-2021 [F. No. CBIC-20001/8/2021–GST] 106 >>   
CORPORATE LAWS & GST : STATUTES - Clarification in Respect of Refund of Tax Specified in Section 77(1) of the CGST Act and Section 19(1) of the IGST Act—Circular No. 162/18/2021-GST, dtd. 25-9-2021 [F. No. CBIC-20001/8/2021-GST] 108 >>   
CORPORATE LAWS & GST : STATUTES - Central Goods and Services Tax (Eighth Amendment) Rules, 2021—Notification No. 35/2021–Central Tax, dtd. 24-9-2021 [F. No. CBIC-20006/26/2021-GST] 110 >>   
CORPORATE LAWS & GST : STATUTES - Amendment in Notification No. 03/2021-Central Tax, dated 23rd February, 2021—Notification No 36/2021-Central Tax, dtd. 24-9-2021 [F. No. CBIC-20006/26/ 2021-GST] 110 >>   
CORPORATE LAWS & GST : ARTICLES - Cancellation and Suspension of GST Registration—Need of Change of Lethargic Attitude of GST Authorities—CA. Satyadev Purohit 111 >>   
CORPORATE LAWS & GST : ARTICLES - Annual Filing of LLP—TAXPUB CREATIVE CELL 114 >>   
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