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TR Vol-182 Issue-8, 20-Dec-2021
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INCOME TAX : NEWS YOU CAN USE - Panama & Paradise Paper : Rs 20,353 cr undisclosed credits detected in Panama, Paradise leaks; Govt 2 >>   
INCOME TAX : NEWS YOU CAN USE - Tax Dispute : Vedanta group entities withdraw multiple tax disputes with Indian govt 2 >>   
INCOME TAX : STATUTES - Section 135A—Faceless Inquiry—e-Verification Scheme, 2021—Notification No. 137/2021, dtd. 13-12-2021 [F.No. 370142/57/2021-TPL(Part-I)] 4 >>   
INCOME TAX : STATUTES - Section 80C(2)(xii)—Notified Annuity Plan—Jeevan Akshay-VII Plan of the Life Insurance Corporation of India—Notification No. 134/2021, dtd. 6-12-2021 [F. No. 178/4/2021-ITA-I] 8 >>   
INCOME TAX : STATUTES - Income Tax Department Conducts Search Operations in Gujarat—Press Release, dtd. 10-12-2021 8 >>   
INCOME TAX : STATUTES - Income Tax Department Conducts Search Operations in West Bengal—Press Release, dtd. 10-12-2021 9 >>   
INCOME TAX : STATUTES - Income Tax Department Conducts Searches in Karnataka—Press Release, dtd. 14-12-2021 9 >>   
INCOME TAX : STATUTES - Income Tax Department Conducts Searches in Mumbai—Press Release, dtd. 15-12-2021 10 >>   
INCOME TAX : STATUTES - Income Tax (33rd Amendment) Rules, 2021—Insertion of New Rule 21AK—Notification No. 136/2021, dtd. 10-12-2021 [F. No. 370142/53/2021-TPL (Part-II)] 11 >>   
INCOME TAX : SUBSCRIBER’S QUERIES - Presumptive taxation under section 44AD—Speculative Transactions 12 >>   
INCOME TAX : ARTICLES - Validity of Notices Under Old Section 148 Post 31-03-2021—Revenue on Back Foot—CA. MANOJ GUPTA 13 >>   
INCOME TAX : ARTICLES - Payment of Speed Money—Whether Allowable as Business Expenditure—CA. NISHA BHANDARI 32 >>   
INCOME TAX : CASE LAW DIGESTS - A. Shama Rao Foundation v. Chief CIT (2021) 182 TR (A) 851 (Bang-Trib) : 2021 TaxPub(DT) 4194 (Bang-Trib) 39 >>   
INCOME TAX : CASE LAW DIGESTS - ACIT v. Oxygen Business Park (P). Ltd. (2021) 182 TR (A) 897 (Del-Trib) : 2021 TaxPub(DT) 3407 (Del-Trib) 85 >>   
INCOME TAX : CASE LAW DIGESTS - Active Tools (P). Ltd. v. Dy. CIT (2021) 182 TR (A) 904 (Asr-Trib) : 2021 TaxPub(DT) 4522 (Amr-Trib) 93 >>   
INCOME TAX : CASE LAW DIGESTS - Addl. CIT v. Wipro GE Healthcare (P) Ltd. (2021) 182 TR (A) 909 (Bang-Trib) : 2021 TaxPub(DT) 2547 (Bang-Trib) 98 >>   
INCOME TAX : CASE LAW DIGESTS - Alugaddala Kistaiah Pandu v. ITO (2021) 182 TR (A) 871 (Hyd-Trib) : 2021 TaxPub(DT) 3010 (Hyd-Trib) 60 >>   
INCOME TAX : CASE LAW DIGESTS - Ambawatt Buildwell (P) Ltd. v. Pr. CIT (2021) 182 TR (A) 902 (Del-Trib) : 2021 TaxPub(DT) 2982 (Del-Trib) 91 >>   
INCOME TAX : CASE LAW DIGESTS - Ashish Natvarlal Vashi v. ITO (2021) 182 TR (A) 892 (Surat-Trib) : 2021 TaxPub(DT) 2213 (Surat Bench) 80 >>   
INCOME TAX : CASE LAW DIGESTS - Asstt. CIT v. Abir Infrastructure (P). Ltd. (2021) 182 TR (A) 893 (Hyd-Trib) : 2021 TaxPub(DT) 3236 (Hyd-Trib) 81 >>   
INCOME TAX : CASE LAW DIGESTS - Asstt. CIT v. Rajat Bhandari (2021) 182 TR (A) 876 (Del-Trib) : 2021 TaxPub(DT) 5085 (Del-Trib) 65 >>   
INCOME TAX : CASE LAW DIGESTS - Asstt. CIT v. TCP Ltd. (2021) 182 TR (A) 860 (Chen-Trib) : 2021 TaxPub(DT) 4452 (Chenn-Trib) 49 >>   
INCOME TAX : CASE LAW DIGESTS - Boulder Hills Leisure (P) Ltd. v. Dy. CIT (2021) 182 TR (A) 859 (Hyd-Trib) : 2021 TaxPub(DT) 2738 (Hyd-Trib) 48 >>   
INCOME TAX : CASE LAW DIGESTS - CIT v. Mohammed Meeran Shahul Hameed (2021) 182 TR (A) 906 (SC) : 2021 TaxPub(DT) 5510 (SC) 95 >>   
INCOME TAX : CASE LAW DIGESTS - CIT v. Quest Global Engineering Services (P) Ltd. (2021) 182 TR (A) 856 (Karn-HC) : 2021 TaxPub(DT) 1428 (Karn-HC) 45 >>   
INCOME TAX : CASE LAW DIGESTS - Continental Construction Ltd. v. Asstt. CIT (2021) 182 TR (A) 850 (Del-Trib) : 2020 TaxPub(DT) 4027 (Del-Trib) 39 >>   
INCOME TAX : CASE LAW DIGESTS - District Co-operative Central Bank Ltd. v. Asstt. CIT (2021) 182 TR (A) 892 (Bang-Trib) : 2021 TaxPub(DT) 1829 (Bang-Trib 81 >>   
INCOME TAX : CASE LAW DIGESTS - Divyasree Holdings (P) Ltd. v. Pr. CIT (2021) 182 TR (A) 905 (Bang-Trib) : 2021 TaxPub(DT) 454 (Bang-Trib) 94 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Board of Cricket Control in India (2021) 182 TR (A) 889 (Mum-Trib) : 2021 TaxPub(DT) 4206 (Mum-Trib) 78 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Dharamshi Securities Ltd. (2021) 182 TR (A) 869 (Mum-Trib) : 2021 TaxPub(DT) 4075 (Mum-Trib) 57 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Essel Forex Ltd. (2021) 182 TR (A) 862 (Chen-Trib) : 2021 TaxPub(DT) 4344 (Chenn-Trib) 50 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Hemadari Machine Tools (P) Ltd. (2021) 182 TR (A) 880 (Mum-Trib) : 2021 TaxPub(DT) 4544 (Mum-Trib) 69 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Ramesh Kumar Pabbi (2021) 182 TR (A) 848 (Del-Trib) : 2021 TaxPub(DT) 2873 (Del-Trib) 37 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. RRPR Holding (P). Ltd. (2021) 182 TR (A) 855 (Del-Trib) : 2021 TaxPub(DT) 4648 (Del-Trib) 44 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Sonal D. Vora (2021) 182 TR (A) 896 (Ahd-Trib) : 2021 TaxPub(DT) 3405 (Ahd-Trib) 85 >>   
INCOME TAX : CASE LAW DIGESTS - ETA Star Appliances (P). Ltd. v. Asstt. CIT (2021) 182 TR (A) 857 (Mad-HC) : 2021 TaxPub(DT) 4345 (Mad-HC) 45 >>   
INCOME TAX : CASE LAW DIGESTS - Eversafe Securities (P). Ltd. v. ITO (2021) 182 TR (A) 887 (Kol-Trib) : 2021 TaxPub(DT) 2506 (Kol-Trib) : (2021) 189 ITD 642 (Kol-Trib) 76 >>   
INCOME TAX : CASE LAW DIGESTS - G.S. Atwal & Co. (Engg.) (P) Ltd. v. Dy. CIT (2021) 182 TR (A) 891 (Kol-Trib) : 2021 TaxPub(DT) 3307 (Kol-Trib) 79 >>   
INCOME TAX : CASE LAW DIGESTS - Gail (India) Ltd. v. Addl. CIT (2021) 182 TR (A) 856 (Del-Trib) : 2020 TaxPub(DT) 5073 (Del-Trib) 45 >>   
INCOME TAX : CASE LAW DIGESTS - Gulmohar Park Mall (P.) Ltd. v. ITO (2021) 182 TR (A) 853 (Ahd-Trib) : 2021 TaxPub(DT) 5077 (Ahd-Trib) 42 >>   
INCOME TAX : CASE LAW DIGESTS - In re, PQR Gmbh (2021) 182 TR (A) 872 (AAR-Mum-Trib) : 2021 TaxPub(DT) 1890 (AAR-Mumbai) : (2021) 434 ITR 382 (AAR-Mumbai) : (2021) 280 Taxman 205 (AAR-Mumbai) 60 >>   
INCOME TAX : CASE LAW DIGESTS - Intelenet Global Services (P) Ltd. v. ACIT (2021) 182 TR (A) 898 (Mum-Trib) : 2021 TaxPub(DT) 2879 (Mum-Trib) 86 >>   
INCOME TAX : CASE LAW DIGESTS - Internet & Mobile Association of India v. Asstt. CIT (2021) 182 TR (A) 847 (Mum-Trib) : 2021 TaxPub(DT) 1905 (Mum-Trib) 36 >>   
INCOME TAX : CASE LAW DIGESTS - ITO v. Agripure Tradeware (P) Ltd. (2021) 182 TR (A) 881 (Mum-Trib) : 2021 TaxPub(DT) 2546 (Mum-Trib) 70 >>   
INCOME TAX : CASE LAW DIGESTS - ITO v. Blue Coast Infrastructure Development Ltd. (2021) 182 TR (A) 864 (Chan-Trib) : 2021 TaxPub(DT) 4589 (Chd-Trib) : (2021) 90 ITR (Trib) 294 (Chd-Trib) 53 >>   
INCOME TAX : CASE LAW DIGESTS - ITO v. Shivani Gupta & Anr. (2021) 182 TR (A) 878 (Del-Trib) : 2021 TaxPub(DT) 1974 (Del-Trib) 67 >>   
INCOME TAX : CASE LAW DIGESTS - ITO v. Sucha Singh (2021) 182 TR (A) 847 (Asr-Trib) : 2021 TaxPub(DT) 4529 (Amr-Trib) 35 >>   
INCOME TAX : CASE LAW DIGESTS - Jethanand T. Datwani v. ITO (International Taxation) (2021) 182 TR (A) 849 (Surat-Trib) : 2021 TaxPub(DT) 3384 (Srt-Trib) 37 >>   
INCOME TAX : CASE LAW DIGESTS - Jt. Commissioner (OSD) v. Venkatesh Granites (P) Ltd. (2021) 182 TR (A) 886 (Hyd-Trib) : 2021 TaxPub(DT) 4890 (Hyd-Trib) 75 >>   
INCOME TAX : CASE LAW DIGESTS - Kalawathi Bagayath v. Asstt. CIT (2021) 182 TR (A) 875 (Hyd-Trib) : 2021 TaxPub(DT) 4781 (Hyd-Trib) 63 >>   
INCOME TAX : CASE LAW DIGESTS - Karle Properties v. Addl. CIT (2021) 182 TR (A) 859 (Bang-Trib) : 2021 TaxPub(DT) 3960 (Bang-Trib) 47 >>   
INCOME TAX : CASE LAW DIGESTS - Kavitha Kamlesh Shah v. Asstt. CIT (2021) 182 TR (A) 849 (Bang-Trib) : 2021 TaxPub(DT) 3713 (Bang-Trib) 38 >>   
INCOME TAX : CASE LAW DIGESTS - Krishan Mohan Goyal v. ITO (2021) 182 TR (A) 902 (JP-Trib) : 2021 TaxPub(DT) 733 (Jp-Trib) 90 >>   
INCOME TAX : CASE LAW DIGESTS - Life Insurance Corporation of India v. Dy. CIT (2021) 182 TR (A) 893 (Mum-Trib) : 2021 TaxPub(DT) 4233 (Mum-Trib) 82 >>   
INCOME TAX : CASE LAW DIGESTS - Mac Industries v. ITO (2021) 182 TR (A) 868 (Surat-Trib) : 2021 TaxPub(DT) 1572 (Surat Bench) : (2021) 187 ITD 322 (Surat Bench) 57 >>   
INCOME TAX : CASE LAW DIGESTS - Municipal Corporation of Greater Mumbai v. Dy. CIT (2021) 182 TR (A) 897 (Mum-Trib) : 2021 TaxPub(DT) 2997 (Mum-Trib) 86 >>   
INCOME TAX : CASE LAW DIGESTS - Naiyer Associates v. ITO (2021) 182 TR (A) 899 (Lkw-Trib) : 2021 TaxPub(DT) 5286 (Luck-Trib) 88 >>   
INCOME TAX : CASE LAW DIGESTS - Om Developers v. Dy. CIT (2021) 182 TR (A) 879 (Mum-Trib) : 2021 TaxPub(DT) 3057 (Mum-Trib) 68 >>   
INCOME TAX : CASE LAW DIGESTS - Parinita Anil Khot v. ITO (2021) 182 TR (A) 910 (Mum-Trib) : 2021 TaxPub(DT) 3974 (Mum-Trib) 98 >>   
INCOME TAX : CASE LAW DIGESTS - Purnima Sunil Agrawala v. ITO (2021) 182 TR (A) 877 (Surat) : 2021 TaxPub(DT) 2759 (Surat Bench) 66 >>   
INCOME TAX : CASE LAW DIGESTS - Rajdeep Marketing (P) Ltd. v. ITO (2021) 182 TR (A) 857 (Mum-Trib) : 2021 TaxPub(DT) 4316 (Mum-Trib) 46 >>   
INCOME TAX : CASE LAW DIGESTS - Rajubhai M. Patel v. ITO (2021) 182 TR (A) 870 (Srt-Trib) : 2021 TaxPub(DT) 3609 (Srt-Trib) 59 >>   
INCOME TAX : CASE LAW DIGESTS - Ramji V. Joyshar v. Pr. CIT (2021) 182 TR (A) 904 (Surat-Trib) : 2021 TaxPub(DT) 2905 (Surat Bench) 92 >>   
INCOME TAX : CASE LAW DIGESTS - Rao Computers Consultants (P) Ltd. v. Dy. CIT (2021) 182 TR (A) 854 (Kar-HC) : 2021 TaxPub(DT) 2924 (Karn-HC) : (2021) 281 Taxman 319 (Karn) 43 >>   
INCOME TAX : CASE LAW DIGESTS - Sant Shri Mahesh Muni Ji Borewale Eductional Welfare Society v. CIT (2021) 182 TR (A) 853 (Asr-Trib) : 2021 TaxPub(DT) 4429 (Asr-Trib) 41 >>   
INCOME TAX : CASE LAW DIGESTS - Sarjan Co-op. Housing Society Ltd. v. Pr. CIT (2021) 182 TR (A) 903 (Surat-Trib) : 2021 TaxPub(DT) 4567 (Srt-Trib) 92 >>   
INCOME TAX : CASE LAW DIGESTS - Satya Prakash Reddy v. ITO (2021) 182 TR (A) 872 (Hyd-Trib) : 2021 TaxPub(DT) 3510 (Hyd-Trib) 61 >>   
INCOME TAX : CASE LAW DIGESTS - Saurabh Natvarlal Soparkar v. Asstt. CIT (2021) 182 TR (A) 895 (Guj-HC) : 2021 TaxPub(DT) 867 (Guj-HC) : (2021) 432 ITR 68 (Guj) 83 >>   
INCOME TAX : CASE LAW DIGESTS - Sesa Sterlite Ltd. v. Dispute Resolution Panel (2021) 182 TR (A) 888 (Mad-HC) : 2021 TaxPub(DT) 4254 (Mad-HC) : (2021) 438 ITR 42 (Mad) 76 >>   
INCOME TAX : CASE LAW DIGESTS - Shobha Rastogi v. Dy. CIT (2021) 182 TR (A) 873 (All-Trib) : 2021 TaxPub(DT) 4506 (All-Trib) 61 >>   
INCOME TAX : CASE LAW DIGESTS - Sri Guru Nanak Devji Religious and Charitable Trust v. CIT (2021) 182 TR (A) 884 (Ctk-Trib) : 2021 TaxPub(DT) 2860 (Ctk-Trib) 73 >>   
INCOME TAX : CASE LAW DIGESTS - Sunita S. Bathija v. Addl. CIT (2021) 182 TR (A) 873 (Bang-Trib) : 2020 TaxPub(DT) 5317 (Bang-Trib) 62 >>   
INCOME TAX : CASE LAW DIGESTS - Swargamrut Dairy (P). Ltd. v. Dy. CIT (2021) 182 TR (A) 882 (Mum-Trib) : 2021 TaxPub(DT) 3338 (Mum-Trib) 71 >>   
INCOME TAX : CASE LAW DIGESTS - Tanvi Foods (India) Ltd. v. ITO (2021) 182 TR (A) 885 (Hyd-Trib) : 2021 TaxPub(DT) 3224 (Hyd-Trib) 73 >>   
INCOME TAX : CASE LAW DIGESTS - The Advocates Mutually Aided Cooperative Society Ltd. v. Dy. CIT (2021) 182 TR (A) 885 (Hyd-Trib) : 2021 TaxPub(DT) 3200 (Hyd-Trib) 74 >>   
INCOME TAX : CASE LAW DIGESTS - Uma Agrawal v. ITO (2021) 182 TR (A) 883 (Asr-Trib) : 2021 TaxPub(DT) 3278 (Agra-Trib) : (2021) 189 ITD 659 (Agra-Trib) 71 >>   
INCOME TAX : CASE LAW DIGESTS - United Provinces Sugar Company Ltd. v. ITO (2021) 182 TR (A) 886 (Kol-Trib) : 2021 TaxPub(DT) 2150 (Kol-Trib) 75 >>   
INCOME TAX : CASE LAW DIGESTS - Ursuline Franciscan Congregation Generalate Somarpann Declaralakatte Mangalore v. ITO (2021) 182 TR (A) 852 (Bang-Trib) : 2021 TaxPub(DT) 4708 (Bang-Trib) 41 >>   
INCOME TAX : CASE LAW DIGESTS - Vijaya Bank Employees Cooperative Society v. Asstt. CIT (2021) 182 TR (A) 863 (Bang-Trib) : 2021 TaxPub(DT) 2436 (Bang-Trib) 52 >>   
INCOME TAX : CASE LAW DIGESTS - Vilas Vrajlal Parekh (HUF) v. ITO (2021) 182 TR (A) 894 (Guj-HC) : 2021 TaxPub(DT) 3017 (Guj-HC) 83 >>   
INTERNATIONAL TAXATION : STATUTES - DTAA between India and Kyrgyz—Amendment Thereof—Notification No. 135/2021, dtd. 8-12-2021 [F. No. 503/07/95-FTD-II] 100 >>   
INTERNATIONAL TAXATION : ARTICLES - Need for Developments in International Taxation v. Existing Archaic Laws—SRIVATSAN RANGANATHAN 102 >>   
INTERNATIONAL TAXATION : CASE LAW DIGESTS - Carraro India (P) Ltd. v. Dy. CIT (2021) 182 TR (B) 918 (Pune-Trib) : 2021 TaxPub(DT) 3734 (Pune-Trib) 106 >>   
INTERNATIONAL TAXATION : CASE LAW DIGESTS - NICE Ltd. v. Asstt. CIT (2021) 182 TR (B) 917 (Bang-Trib) : 2021 TaxPub(DT) 3750 (Bang-Trib) 105 >>   
INTERNATIONAL TAXATION : CASE LAW DIGESTS - Racksapce US, INC. v. Dy. CIT (2021) 182 TR (B) 917 (Mum-Trib) : 2021 TaxPub(DT) 713 (Mum-Trib) 106 >>   
CORPORATE LAWS & GST : STATUTES - Central Goods and Services Tax (Ninth Amendment) Rules, 2021—Notification No. 37/2021–Central Tax, dtd. 1-12-2021 [F. No.CBIC-20006/32/ 2021-GST] 108 >>   
CORPORATE LAWS & GST : ARTICLES - Suspension of Registration—A Nightmare for Taxpayers—CA. SATYADEV PUROHIT 110 >>   
CORPORATE LAWS & GST : ARTICLES - Rejection of Dispensation of Shareholders’ and Creditors’ Meeting—A Case Study—TAXPUB CREATIVE CELL 114 >>   
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