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TR Vol-182 Issue-4, 22-Nov-2021
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INCOME TAX : NEWS YOU CAN USE - Annual Information Statement : Taxpayers can access new annual IT info statement on e-filing portal 2 >>   
INCOME TAX : NEWS YOU CAN USE - Digital Currencies/Cryptocurrency : Govt plans progressive steps for digital currencies in India; Report 3 >>   
INCOME TAX : NEWS YOU CAN USE - Digital Currencies/Cryptocurrency : Parliamentary Panel meeting; Regulate crypto, don't ban, say House members 3 >>   
INCOME TAX : NEWS YOU CAN USE - IITF : IT department sets up Taxpayers' Lounge at IITF till Nov 27 5 >>   
INCOME TAX : NEWS YOU CAN USE - NPAs : RBI clarifies norms for upgrading of accounts classified as NPAs 5 >>   
INCOME TAX : NEWS YOU CAN USE - Income Tax Return : Nearly 24 mn income tax returns filed for FY21 so far, says I-T dept 6 >>   
INCOME TAX : NEWS YOU CAN USE - UPI : UPI AutoPay sees 28.34% rise in recurring mandates, shows data 6 >>   
INCOME TAX : STATUTES - Section 10(46)—Exemption to Specified Income of a Notified Body/ Authority/Board/Trust/Community—Assam Building and Other Construction Workers Welfare Board, Notified—Notification No. 131/2021, dtd. 10-11-2021 [F. No. 300196/30/2021-ITA-I] 8 >>   
INCOME TAX : STATUTES - Taxpayers’ Lounge of Income Tax Department set up at IITF, 2021—Press Release, dtd. 14-11-2021 8 >>   
INCOME TAX : STATUTES - Income Tax Department Conducts Searches in Gurugram—Press Release, dtd. 15-11-2021 9 >>   
INCOME TAX : STATUTES - Income Tax Department Conducts Searches in Pune—Press Release, dtd. 16-11-2021 10 >>   
INCOME TAX : STATUTES - Income Tax Department Conducts Searches in Andhra Pradesh and Telangana—Press Release, dtd. 16-11-2021 10 >>   
INCOME TAX : STATUTES - Income Tax Department Conducts Searches in Delhi and Haryana—Press Release, dtd. 17-11-2021 11 >>   
INCOME TAX : SUBSCRIBER’S QUERIES - Query Regarding Residential Status and Taxability of Foreign Salary for Assessment Year 2021-22 12 >>   
INCOME TAX : ARTICLES - Payment for Delayed Possession—Whether Amounts to Interest—CA. MANOJ GUPTA 18 >>   
INCOME TAX : ARTICLES - Procedure to be Followed by Senior Citizens Claiming Benefit of Section 194P—CA. NISHA BHANDARI 26 >>   
INCOME TAX : ARTICLES - Whether Education Cess a Capital Expense not Allowable as Deduction While Computing Tax Liability—AKHILESH KUMAR SAH 29 >>   
INCOME TAX : CASE LAW DIGESTS - Alok Gupta v. ACIT (Appeals) (2021) 182 TR (A) 424 (Chen-Trib) : 2021 TaxPub(DT) 3624 (Chenn-Trib) 77 >>   
INCOME TAX : CASE LAW DIGESTS - Alpha Corp Development (P) Ltd. v. ITO (2021) 182 TR (A) 381 (Del-HC) : 2021 TaxPub(DT) 2917 (Del-HC) 33 >>   
INCOME TAX : CASE LAW DIGESTS - Altmash Exports v. Pr. CIT (2021) 182 TR (A) 444 (Del-Trib) : 2021 TaxPub(DT) 1644 (Del-Trib) 97 >>   
INCOME TAX : CASE LAW DIGESTS - Apurva Narendra Patel v. ITO (2021) 182 TR (A) 410 (Ahd-Trib) : 2021 TaxPub(DT) 3626 (Ahd-Trib) 63 >>   
INCOME TAX : CASE LAW DIGESTS - Ardent Ventures LLP v. ITO (2021) 182 TR (A) 428 (Guj-HC) : 2021 TaxPub(DT) 1486 (Guj-HC) 81 >>   
INCOME TAX : CASE LAW DIGESTS - Arunesh Kumar Madan v. ITO (2021) 182 TR (A) 394 (Bang-Trib) : 2021 TaxPub(DT) 2211 (Bang-Trib) 47 >>   
INCOME TAX : CASE LAW DIGESTS - Arvind Metals and Minerals (P) Ltd. v. Asstt. CIT (2021) 182 TR (A) 407 (Kol-Trib) : 2020 TaxPub(DT) 2822 (Kol-Trib) : (2020) 81 ITR (Trib) 648 (Kol-Trib) 59 >>   
INCOME TAX : CASE LAW DIGESTS - Ashokkumar Govindbhai v. ITO (2021) 182 TR (A) 442 (Ahd-Trib) : 2021 TaxPub(DT) 3538 (Ahd-Trib) : (2021) 90 ITR (Trib) 262 (Ahd-Trib) 95 >>   
INCOME TAX : CASE LAW DIGESTS - Asstt. CIT v. Chironji Lal Shivhare (2021) 182 TR (A) 440 (Agra-Trib) : 2021 TaxPub(DT) 3182 (Agra-Trib) 93 >>   
INCOME TAX : CASE LAW DIGESTS - Asstt. CIT v. Conwood Medip Harma (P) Ltd. (2021) 182 TR (A) 391 (Del 'C'-Trib) : 2020 TaxPub(DT) 2283 (Del 'C'-Trib) 43 >>   
INCOME TAX : CASE LAW DIGESTS - Asstt. CIT v. Neminath Enterprises (2021) 182 TR (A) 416 (Mum-Trib) : 2021 TaxPub(DT) 3749 (Mum-Trib) 68 >>   
INCOME TAX : CASE LAW DIGESTS - Asstt. CIT v. Piramal Enterprises Ltd. (2021) 182 TR (A) 434 (Mum-Trib) : 2021 TaxPub(DT) 2444 (Mum-Trib) 86 >>   
INCOME TAX : CASE LAW DIGESTS - Asstt. CIT v. Saeeda Yusuf Saikh (2021) 182 TR (A) 419 (Mum-Trib) : 2021 TaxPub(DT) 3616 (Mum-Trib) 71 >>   
INCOME TAX : CASE LAW DIGESTS - Asstt. CIT v. Shiv Edibles Ltd. (2021) 182 TR (A) 428 (JP-Trib) : 2021 TaxPub(DT) 3773 (Jp-Trib) 80 >>   
INCOME TAX : CASE LAW DIGESTS - Asstt. CIT v. Wescare (India) Ltd. (2021) 182 TR (A) 385 (Chen-Trib) : 2021 TaxPub(DT) 2163 (Chenn-Trib) 38 >>   
INCOME TAX : CASE LAW DIGESTS - Asstt. CIT v. Western India Construction (2021) 182 TR (A) 412 (Surat-Trib) : 2021 TaxPub(DT) 3795 (Srt-Trib) 65 >>   
INCOME TAX : CASE LAW DIGESTS - Bharani R. Paluvai v. ITO (2021) 182 TR (A) 434 (Mad-HC) (Mad-HC) : 2021 TaxPub(DT) 3839 (Mad-HC) 87 >>   
INCOME TAX : CASE LAW DIGESTS - Bhuwan Goyal v. Dy. CIT (2021) 182 TR (A) 422 (Chan-Trib) : 2020 TaxPub(DT) 3944 (Chd-Trib) 74 >>   
INCOME TAX : CASE LAW DIGESTS - Biocon Ltd. v. Dy. CIT (2021) 182 TR (A) 392 (Kar-HC) : 2021 TaxPub(DT) 676 (Karn-HC) : (2021) 431 ITR 326 (Karn) : (2021) 278 Taxman 121 (Karn) 44 >>   
INCOME TAX : CASE LAW DIGESTS - Birendra Kumar Mohanty v. Asstt. CIT (2021) 182 TR (A) 386 (Ctk-Trib) : 2021 TaxPub(DT) 3334 (Ctk-Trib) 38 >>   
INCOME TAX : CASE LAW DIGESTS - BOB Financial Solutions Ltd. v. DCIT (2021) 182 TR (A) 401 (Mum-Trib) : 2021 TaxPub(DT) 1502 (Mum-Trib) 54 >>   
INCOME TAX : CASE LAW DIGESTS - CIT v. Batanagar Education Research Trust (2021) 182 TR (A) 388 (SC) : 2021 TaxPub(DT) 4058 (SC) : (2021) 436 ITR 501 (SC) 41 >>   
INCOME TAX : CASE LAW DIGESTS - Datamatrix Technologies (P). Ltd. v. Asstt. CIT (2021) 182 TR (A) 408 (Mum-Trib) : 2021 TaxPub(DT) 2456 (Mum-Trib) 61 >>   
INCOME TAX : CASE LAW DIGESTS - DJ Surfactants v. National E-Assessment Center (2021) 182 TR (A) 426 (Del-HC) : 2021 TaxPub(DT) 3186 (Del-HC) 79 >>   
INCOME TAX : CASE LAW DIGESTS - Durga Charitable Society v. Jt. CIT (2021) 182 TR (A) 387 (Del-Trib) : 2021 TaxPub(DT) 3909 (Del-Trib) 40 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Cama Hotels Ltd. (2021) 182 TR (A) 382 (Ahd-Trib) : 2021 TaxPub(DT) 3549 (Ahd-Trib) 35 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Cascade Holdings (P) Ltd. (2021) 182 TR (A) 393 (Mum-Trib) : 2020 TaxPub(DT) 3893 (Mum-Trib) 45 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Century Plyboards (I) Ltd. (2021) 182 TR (A) 383 (Kol-Trib) : 2020 TaxPub(DT) 5064 (Kol-Trib) : (2021) 187 ITD 35 (Kol-Trib) 35 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Deloitee Haskins & Sells (2021) 182 TR (A) 397 (Ahd-Trib) : 2021 TaxPub(DT) 2644 (Ahd-Trib) 49 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Frendi Fashions (P) Ltd. (2021) 182 TR (A) 392 (Chen-Trib) : 2021 TaxPub(DT) 1849 (Chenn-Trib) 45 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Godrej Properties Ltd. (2021) 182 TR (A) 390 (Mum-Trib) : 2021 TaxPub(DT) 458 (Mum-Trib) 42 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Harekrishna Developers (2021) 182 TR (A) 398 (Ahd-Trib) : 2021 TaxPub(DT) 3840 (Ahd-Trib) 51 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Macrotech Developers Ltd. (2021) 182 TR (A) 445 (Mum-Trib) : 2021 TaxPub(DT) 2658 (Mum-Trib) 98 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Pankaj Enka (P) Ltd. (2021) 182 TR (A) 414 (Ahd-Trib) : 2021 TaxPub(DT) 3600 (Ahd-Trib) 67 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Sahara India Sahkari Awas Samiti Ltd. (2021) 182 TR (A) 420 (Del-Trib) : 2021 TaxPub(DT) 3857 (Del-Trib) 73 >>   
INCOME TAX : CASE LAW DIGESTS - E. Palaniappan v. ITO (2021) 182 TR (A) 381 (Mad-HC) : 2021 TaxPub(DT) 3371 (Mad-HC) 34 >>   
INCOME TAX : CASE LAW DIGESTS - Geeri Fashion (P) Ltd. v. ITO (2021) 182 TR (A) 415 (Srt-Trib) : 2021 TaxPub(DT) 3871 (Surat Bench) 67 >>   
INCOME TAX : CASE LAW DIGESTS - GMG Healthcare (P) Ltd. v. Asstt. CIT (2021) 182 TR (A) 406 (Asr-Trib) : 2021 TaxPub(DT) 50 (Asr-Trib) 59 >>   
INCOME TAX : CASE LAW DIGESTS - Hamilton & Co. Ltd. v. Dy. CIT (2021) 182 TR (A) 396 (Kol-Trib) : 2021 TaxPub(DT) 3568 (Kol-Trib) 48 >>   
INCOME TAX : CASE LAW DIGESTS - Harakchand Sohanlal Jain v. ITO (2021) 182 TR (A) 429 (Guj) : 2021 TaxPub(DT) 3001 (Guj-HC) 82 >>   
INCOME TAX : CASE LAW DIGESTS - Ingenico International India (P). Ltd. v. Dy. CIT & Ors. (2021) 182 TR (A) 438 (Del-HC) : 2021 TaxPub(DT) 1655 (Del-HC) 90 >>   
INCOME TAX : CASE LAW DIGESTS - IRIS Associates (P). Ltd. v. Add. CIT (2021) 182 TR (A) 400 (Del-Trib) : 2021 TaxPub(DT) 3381 (Del-Trib) 52 >>   
INCOME TAX : CASE LAW DIGESTS - ITO v. Agrawal & Company (2021) 182 TR (A) 418 (Ind-Trib) : 2021 TaxPub(DT) 3023 (Ind-Trib) 70 >>   
INCOME TAX : CASE LAW DIGESTS - ITO v. Jatin Shankarlal Doshi (2021) 182 TR (A) 413 (Mum-Trib) : 2021 TaxPub(DT) 1484 (Mum-Trib) 65 >>   
INCOME TAX : CASE LAW DIGESTS - ITO v. Pransukhlal Mafatlal Hindu Swimming Bath & Boat Club Trust (2021) 182 TR (A) 386 (Mum-Trib) : 2021 TaxPub(DT) 2491 (Mum-Trib) 39 >>   
INCOME TAX : CASE LAW DIGESTS - Jitender Kapoor Gupta (HUF) v. Asstt. CIT (2021) 182 TR (A) 432 (Hyd-Trib) : 2021 TaxPub(DT) 3018 (Hyderabad SMC Trubunal) 84 >>   
INCOME TAX : CASE LAW DIGESTS - Late Shri Navinchandra Sakalchand Dalal v. ITO (2021) 182 TR (A) 431 (Ahd-Trib) : 2020 TaxPub(DT) 2100 (Ahd-Trib) 84 >>   
INCOME TAX : CASE LAW DIGESTS - Microsoft India (R&D) (P) Ltd. v. Dy. CIT (2021) 182 TR (A) 389 (Del-Trib) : 2021 TaxPub(DT) 3215 (Del-Trib) 41 >>   
INCOME TAX : CASE LAW DIGESTS - Mohammed Ali Shaik v. ITO (2021) 182 TR (A) 405 (Visakha-Trib) : 2021 TaxPub(DT) 2678 (Visakha Trib) 58 >>   
INCOME TAX : CASE LAW DIGESTS - Narasimha Reddy Sama v. Asstt. CIT (2021) 182 TR (A) 417 (Hyd-Trib) : 2021 TaxPub(DT) 3747 (Hyd-Trib) 70 >>   
INCOME TAX : CASE LAW DIGESTS - Nilkanth Developers v. Pr. CIT (2021) 182 TR (A) 444 (Suratl-Trib) : 2021 TaxPub(DT) 2641 (Surat Bench) 97 >>   
INCOME TAX : CASE LAW DIGESTS - Pr. CIT v. Gujarat State Financial Corporation (2021) 182 TR (A) 441 (SC) : 2021 TaxPub(DT) 4518 (SC) : (2021) 280 Taxman 234 (SC) 93 >>   
INCOME TAX : CASE LAW DIGESTS - Pr. CIT v. Mphasis Ltd. (2021) 182 TR (A) 394 (Karn-HC) : 2021 TaxPub(DT) 1634 (Karn-HC) : (2021) 281 Taxman 206 (Karn) 46 >>   
INCOME TAX : CASE LAW DIGESTS - Pr. CIT v. Parasben Kasturchand Kochar (2021) 182 TR (A) 441 (SC) : 2021 TaxPub(DT) 4503 (SC) 94 >>   
INCOME TAX : CASE LAW DIGESTS - Pr. CIT v. V.S. Dempo Holding (P) Ltd. (2021) 182 TR (A) 411 (Bom-HC) : 2021 TaxPub(DT) 3903 (Bom-HC) 64 >>   
INCOME TAX : CASE LAW DIGESTS - Radhe Shyam Kumhar v. Dy. CIT (2021) 182 TR (A) 380 (Raj-HC) : 2021 TaxPub(DT) 4057 (Raj-HC) 33 >>   
INCOME TAX : CASE LAW DIGESTS - Radheyshyam Khandelwal v. Asstt. CIT (2021) 182 TR (A) 413 (Ind-Trib) : 2021 TaxPub(DT) 3762 (Ind-Trib) 66 >>   
INCOME TAX : CASE LAW DIGESTS - Raj Gopal Agarwal v. Asstt. CIT (2021) 182 TR (A) 436 (Del-Trib) : 2021 TaxPub(DT) 3621 (Del-Trib) 89 >>   
INCOME TAX : CASE LAW DIGESTS - Raj Kumar Wadhwa v. Dy. CIT (2021) 182 TR (A) 430 (Chd-Trib) : 2021 TaxPub(DT) 3607 (Chd-Trib) : (2021) 89 ITR (Trib) 613 (Chd-Trib) 83 >>   
INCOME TAX : CASE LAW DIGESTS - Rosemary Vincom LLP v. ITO (2021) 182 TR (A) 443 (Kol-Trib) : 2021 TaxPub(DT) 3612 (Kol-Trib) 95 >>   
INCOME TAX : CASE LAW DIGESTS - S.D. Marketing Co. v. ITO (2021) 182 TR (A) 397 (Chd-Trib) : 2021 TaxPub(DT) 3030 (Chd-Trib) 50 >>   
INCOME TAX : CASE LAW DIGESTS - Sahakar Global Ltd. v. Dy. CIT (2021) 182 TR (A) 415 (Mum-Trib) : 2021 TaxPub(DT) 2653 (Mum-Trib) 68 >>   
INCOME TAX : CASE LAW DIGESTS - Shree Bhagwan Theatres v. ITO (2021) 182 TR (A) 404 (All-Trib) : 2021 TaxPub(DT) 3844 (All-Trib) 56 >>   
INCOME TAX : CASE LAW DIGESTS - SPR Infrastructure (India) Ltd. v. Asstt. CIT (2021) 182 TR (A) 437 (Hyd-Trib) : 2021 TaxPub(DT) 2861 (Hyd-Trib) 90 >>   
INCOME TAX : CASE LAW DIGESTS - Sri Budhuvir Educational Trust v. Dy. CIT (2021) 182 TR (A) 422 (Ctk-Trib) : 2021 TaxPub(DT) 3635 (Ctk-Trib) 75 >>   
INCOME TAX : CASE LAW DIGESTS - Sripathi Subbaraya Manohara v. Pr. CIT (2021) 182 TR (A) 380 (Del-HC) : 2021 TaxPub(DT) 3783 (Del-HC) : (2021) 436 ITR 469 (Del) 32 >>   
INCOME TAX : CASE LAW DIGESTS - Star Paper Mills Ltd. v. Dy. CIT (2021) 182 TR (A) 402 (Kol-Trib) : 2021 TaxPub(DT) 1060 (Kol-Trib) 54 >>   
INCOME TAX : CASE LAW DIGESTS - Vama Sundari Investments (Delhi) (P) Ltd. v. Asstt. CIT (2021) 182 TR (A) 432 (Mad-HC) : 2021 TaxPub(DT) 2431 (Mad-HC) : (2021) 434 ITR 174 (Mad) 85 >>   
INCOME TAX : CASE LAW DIGESTS - Yagnesh Dayabhai Vyas v. ITO (2021) 182 TR (A) 410 (Ahd-Trib) : 2021 TaxPub(DT) 3345 (Ahd-Trib) 62 >>   
INCOME TAX : CASE LAW DIGESTS - Yum! Restaurants Marketing (P) Ltd. v. ITO (2021) 182 TR (A) 383 (Del-Trib) : 2021 TaxPub(DT) 3649 (Del-Trib) 36 >>   
CORPORATE LAWS & GST : NEWS YOU CAN USE - MCA : Corporate affairs ministry to test new MCA21 portal's Version 3 soon 100 >>   
CORPORATE LAWS & GST : STATUTES - Guidelines for Disallowing Debit of Electronic Credit Ledger Under Rule 86A of the CGST Rules, 2017—Guideline dtd. 2-11-2021 (CBEC-20/16/05/2021-GST) 102 >>   
CORPORATE LAWS & GST : ARTICLES - GST on Supply of Capital Goods—Some Important Issues—CA. SATYADEV PUROHIT 106 >>   
CORPORATE LAWS & GST : ARTICLES - Formulation of Policy on Related Party Transaction—A Mechanism Under the Provisions of SEBI (LODR) Regulations, 2015—PRAGYA BHANDARI 112 >>   
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