Supreme CourtVodafone Idea Not Liable To Deduct TDS On Charges Paid To Non-Resident Telecom Operators : Supreme CourtCase Title: Deputy Director of Income Tax & Anr. v. M/S. Vodafone Idea Ltd.Citation :2024 LiveLaw (SC) 522Dismissing a petition filed by the Income Tax Department, the Supreme Court recently upheld the view that Vodafone Idea is not liable to deduct TDS (tax deducted at...
Supreme Court
Case Title: Deputy Director of Income Tax & Anr. v. M/S. Vodafone Idea Ltd.
Citation :2024 LiveLaw (SC) 522
Dismissing a petition filed by the Income Tax Department, the Supreme Court recently upheld the view that Vodafone Idea is not liable to deduct TDS (tax deducted at source) on interconnectivity usage and bandwidth charges paid to non-resident telecom operators.
Delhi High Court
Case Title: Mitsubishi Corporation Versus ACIT
The Delhi High Court has held that the assessing officer (AO) cannot disregard the direction of the Income Tax Appellate Tribunal (ITAT) to re-examine the issue by referring to the circular issued by the Central Board of Direct Taxes (CBDT).
Madras High Court
Foreign Tax Credit Can't Be Denied In Spite Of Accepting Computation: Madras High Court
Case Title: Thejo Engineering Limited Versus The Deputy Director of Income Tax
The Madras High Court has held that the claim of foreign tax credit cannot be denied in spite of accepting the computation.
Bombay High Court
Case Title: Benaifer Vispi Patel Versus ITO
The Bombay High Court has held that the Assessing Officer (AO) ought to verify details before initiating reassessment based on faceless information.
Kerala High Court
Assessments Getting Time Barred By 31.03.2017 Can Continue Only Upto 31.03.2018: Kerala High Court
Case Title: Intersource Exports (P) Ltd. Versus Deputy Commissioner Of State Tax
Citation: 2024 LiveLaw (Ker) 483
The Kerala High Court has held that the assessments that were getting time barred by 31.03.2017 can continue only up to 31.03.2018.
Case Title: The Commissioner Of Income -Tax (Exemptions) Kochi Versus M/S.Kerala Cricket Association
The Kerala High Court has remanding the matter to the Income Tax Appellate Tribunal (ITAT) to determine whether income received by the Kerala Cricket Association during the assessment years 2010-11, 2012-13, and 2013-14 would partake of the nature of exempted income going by the provisions of Section 2(15) of the Income Tax Act.
Rajasthan High Court
Case Title: Padam Raj Bhandari Versus UOI
Citation: 2024 LiveLaw (Raj) 182
The Rajasthan High Court has allowed the application seeking condonation of delay under Section 119(2)(b) of the Income Tax Act in order to claim a refund for the assessment year 2009-10 to 2014-15 on the grounds of genuine hardship.
Karnataka High Court
Case Title: The Income Tax Department Versus M/S. Jenious Clothing Private Ltd
Citation: 2024 LiveLaw (Kar) 340
The Karnataka High Court has dismissed the appeals preferred by the Income Tax Department under Section 377 of Cr.P.C.
Punjab & Haryana High Court
Case Title: Harjot Singh verses Principal Commissioner Income Tax-Central, Ludhiana
Citation: 2024 LiveLaw (PH) 179
The Punjab & Haryana High Court recently upheld the revisional order passed by the Principal CIT u/s 263 by setting aside the assessment wrongly passed by the AO u/s 44ADA.