2021-TIOL-1292-HC-KAR-IT
Pr.CIT Vs Paresh Exports Pvt Ltd
On appeal, the High Court observes that in another case before it involving identical facts & circumstances, the Court had quashed the order passed by the Tribunal, on grounds that it was cryptic & was passed without application of mind. Hence the Court remands the matter to the Tribunal for re-consideration. No findings rendered on merits.
- Case remanded :KARNATAKA HIGH COURT
2021-TIOL-1291-HC-DEL-IT
Qualcomm India Pvt Ltd Vs National E-Assessment Centre Delhi
On application, the HC issued notice and listed the matter for hearing on next date observing that it was Revenue's counsel's contention that the record presently available with him shows that two orders were passed by the DRP and since the final assessment order has been passed by National E-assessment Centre, Delhi, there has been some dissonance.
- Notice issued: DELHI HIGH COURT
2021-TIOL-1289-HC-DEL-IT
Blueblood Ventures Ltd Vs DCIT
Whether garnishee notice can be issued without first passing a speaking order, where the AO reaches a finding on as to whether or not the recipient of the garnishee notice owes any money to the alleged defaulter - NO: HC
- Writ petition disposed of: DELHI HIGH COURT
2021-TIOL-1288-HC-MAD-IT
CIT Vs Kailash Sowalchand Jain
On appeal, the High Court finds that the assessee seeks settlement of the matter under the Direct Tax Vivad Se Vishwas Scheme 2020. Hence it finds no reason to keep the present appeal pending. It nonetheless permits liberty to seek restoration of appeal if the application under the Scheme is rejected.
- Appeal disposed of: MADRAS HIGH COURT
2021-TIOL-1287-HC-MAD-IT
Srinivasa Enterprises Vs Sub Registrar
In writ, the High Court observes that if the assessee is aggrieved by certain contents in the attachment notice, the assessee is free to raise such issue before the Competent Authority & in which case, the intervention of the High Court is not warranted.
- Assessee's writ petition dismissed: MADRAS HIGH COURT
2021-TIOL-916-ITAT-PUNE
ITO Vs Govindam Metal And Alloys Pvt Ltd
Whether addition framed in respect of bogus purchases, allegedly made from Hawala dealers, warrants being restricted to the excess gross profit rate earned therefrom - YES: ITAT
- Case remanded: PUNE ITAT
2021-TIOL-915-ITAT-DEL
DLF Universal Ltd Vs DCIT
Whether disallowances u/s 40A(2)(b) for classifying expenditure as excessive or unreasonable is not satisfied as comparable market rate for same services provided by unrelated parties are higher - YES : ITAT
- Assessee's appeal dismissed/Revenue's appeal partly allowed: DELHI ITAT
2021-TIOL-914-ITAT-DEL
SPJ Hotels Pvt Ltd Vs ITO
On appeal, the Tribunal finds that the re-assessment proceedings commenced on similar grounds, against the assessee in preceding AYs, had been dropped. Hence, considering that the grounds for re-assessment are also the same in the current AY, the Tribunal holds such re-opening of assessment to be invalid & quashes the assessment order.
- Assessees appeal allowed: DELHI ITAT
