Revisiting General Anti-Avoidance Rules in Income Tax Law
by Tarun Jain†
Cite as: 2021 SCC OnLine Blog Exp 9
Income Tax
ITAT | Can enhancement be made when the same was not there in the reasons recorded for reopening the assessment? Tribunal answers
Income-tax Appellate Tribunal, New Delhi: Dealing with the issue of enhancement by CIT(A) which was never therein the reasons recorded for reopening
CBDT launches e-portal for filing complaints regarding tax evasion/Benami Properties/Foreign Undisclosed Assets
Taking another step towards e-governance and encouraging participation of citizen as stakeholders in curbing tax evasion, the Central Board of Direct Taxes
Tata Trusts Case | When can a Corpus be treated as a Capital or Investment? ITAT Mumbai
Income Tax Appellate Tribunal, Mumbai (ITAT): Dealing with the issue on nature, scope, and explanation Section 263 (2)(a) to the effect that
Extension of time limits for income tax returns
In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of COVID-19, the
ITAT | “Legal fees paid to a partnership firm of lawyers can indeed be subjected to levy of tax under Art. 12 of Indo-Japanese Tax Treaty”; Foreign Tax Credit allowed under the treaty
Income Tax Appellate Tribunal (ITAT), Mumbai: The Bench of Pramod Kumar (Vice President) and Pavan Kumar Gadale (Judicial Member) allows Foreign Tax Credit
CIC decides whether disclosure of income tax returns and gross income of husband to his wife is permissible under RTI Act or not || Read the decision
Central Information Commission (CIC): Neeraj Kumar Gupta (Information Commissioner) decided whether disclosure of income tax returns of the husband to wife under RTI
Ker HC | If a particular income is not taxable under Income Tax Act, it cannot be taxed on basis of estoppel or any other equitable doctrine; Court reiterates principles for recovery under Income Tax Act
Kerala High Court: Vinod Chandran J., while answering the law points in favour of the Revenue department, restrained from any recovery of
Del HC | Whether information in respect of an investigation carried out by office of DG of Income Tax (Investigation) is required to be intimated to complainant? Read HC’s view
Delhi High Court: Suresh Kumar Kait, J., while addressing the present matter, observed that, Providing information regarding an ongoing investigation to its informer
Income Tax Return — A Child’s Play?
by Shubhangi Agarwal*
Search & Seizure action carried out by Income tax Department in a case of a leading Advocate
The Income Tax Department has carried out a search and seizure action on 14-10-2020 in the case of a leading advocate practicing
Pat HC | Court upholds the constitutional validity of S. 234E of Income Tax Act; petition challenging the same disposed
Patna High Court: In a petition alleging Section 234E of the Income Tax Act, 1961 to be unconstitutional, ultra vires and in
CBDT | Charges collected on prescribed electronic modes asked to be refunded, if collected after 1st January, 2020
Central Board of Direct taxes notifies a clarification that the imposition of a charge on the prescribed electronic modes under Section 269
ITAT| Treating entire bogus purchases as the income of the Assessee when not appropriate? ITAT explains
Income Tax Appellate Tribunal, Hyderabad: Dealing with the issue on accommodation entries and bogus purchases, the Tribunal has said that the entire
Disallowance under Section 40(a)(ia) of IT Act whether confined to the amount “payable” and not to the amount “already paid”?SC explains
Supreme Court: Dealing with the question as to whether disallowance under Section 40(a)(ia) of the Income Tax Act, 1961 is confined/limited to
ITAT| Disallowance under Section 40(a)(ia) IT Act not to remain in force if the IT Return reflects the transaction
Income Tax Appellate Tribunal (ITAT), Mumbai: Explaining the law on disallowance u/s.40(a)(ia), the Tribunal has said that if the payees have included
Every consideration received in foreign exchange does not ipso facto fall within the ambit of Section 80-O IT Act
Supreme Court: The 2-judge bench of AM Khanwilkar and Dinesh Maheshwari, JJ has held that for bringing any particular foreign exchange receipt
Some relief to finacially stressed Vodafone Idea as SC directs payment of Rs.733 Crores tax refund within 4 weeks
Supreme Court: In some relief to the financially stressed telecom giant Vodafone Idea, the bench of UU Lalit and Vineet Saran, JJ
Legislature has not defeated the dictum in Bharat Earth Movers case by inserting clause (f) to Section 43B of the IT Act
Supreme Court: The 3-judge bench of AM Khanwilkar, Hemant Gupta and Dinesh Maheshwari, JJ has the constitutional validity of clause (f) of