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TR Vol-193 Issue-4, 15-Feb-2024
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INCOME TAX : NEWS YOU CAN USE - Corporate Taxation : Existing taxation structure for corporates very reasonable 2 >>   
INCOME TAX : NEWS YOU CAN USE - EPFO : EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market 3 >>   
INCOME TAX : NEWS YOU CAN USE - Income Tax Return : CBDT notifies income tax return forms for assessment year 2024-25 4 >>   
INCOME TAX : NEWS YOU CAN USE - Income Tax : IT dept will erase petty tax demands on its own, says CBDT chairman 4 >>   
INCOME TAX : NEWS YOU CAN USE - TDS : Govt to review tax on online gaming after March 6 >>   
INCOME TAX : NEWS YOU CAN USE - TDS : IT dept collects over Rs 1,260 cr in TDS from online gaming, crypto trade 7 >>   
INCOME TAX : NEWS YOU CAN USE - GST : Govt aims to collect $1.7 billion revenue from online gambling tax in FY25 7 >>   
INCOME TAX : NEWS YOU CAN USE - GST : GST rate rationalisation likely to take place after Lok Sabha polls: FinMin official 8 >>   
INCOME TAX : NEWS YOU CAN USE - GST : Monthly GST mop-up from online gaming companies jump 400% since Oct 1 9 >>   
INCOME TAX : STATUTES - The Finance Bill, 2024 10 >>   
INCOME TAX : STATUTES - Section 35(1)(ii)—University, College or Other Institution for Scientific Research Expenditure—M/s Prayoga, Bengaluru, Tirupati—Notification No. 18/2024, dtd. 30-1-2024 [F. No. 203/11/2023/ITA-II] 32 >>   
INCOME TAX : STATUTES - Section 118—Earlier Notification Regarding Income Tax Authority Hierachy Amended—Notification No. 20/2024, dtd. 6-2-2024 [F. No. 279/Misc./66/ 2014-ITJ (Pt.)] 32 >>   
INCOME TAX : STATUTES - Section 119—Processing of Returns of Income Validly Filed Electronically with Refund Claims Under Section 143(1) of the Income Tax Act, 1961 Beyond the Prescribed Time Limits in Non-Scrutiny Cases—Order dtd. 31-1-2024 [F. No.225/13 33 >>   
INCOME TAX : STATUTES - CBDT Notifies Income Tax Return Forms for the Assessment Year 2024-25 well in Advance—Press Release, dtd. 2-2-2024 34 >>   
INCOME TAX : STATUTES - Income Tax Department Conducts Search Operations in Chhattisgarh—Press Release, dtd. 8-2-2024 34 >>   
INCOME TAX : STATUTES - Direct Tax Collections for F.Y. 2023-24 up to 10-02-2024—Press Release, dtd. 11-2-2024 35 >>   
INCOME TAX : STATUTES - Income Tax (First Amendment) Rules, 2024—Income Tax Return Form ITR-6, Notified—Notification No. 16/2024, dtd. 24-1-2024 [F.No. 370142/49/2023-TPL] 35 >>   
INCOME TAX : STATUTES - Income Tax (Second Amendment) Rules, 2024—Income Tax Return Form ITR-2, ITR-3 & ITR-5, Notified—Notification No. 19/2024, dtd. 31-1-2024 [F. No. 370142/47/2023-TPL] 36 >>   
INCOME TAX : ARTICLES - TCS Vis-a-Vis Finance Act, 2024—CA. NISHA BHANDARI 37 >>   
INCOME TAX : ARTICLES - Extension of Time Limit Under Certain Provisions for One more Year Via Finance Act, 2024—CA. NISHA BHANDARI 41 >>   
INCOME TAX : ARTICLES - Union Budget 2024—Whether a Short Lived Dossier—SAMEER BHATIA 46 >>   
INCOME TAX : ARTICLES - Payment to MSME Units Vis-a-Vis Section 43B(h)—SAMEER BHATIA 49 >>   
GST : ARTICLES - Passing of Best Judgment Assessment Under Section 62—Remedies Available to Taxpayer—CA. SATYADEV PUROHIT 57 >>   
GST : ARTICLES - Taxability of Reimbursement of Electricity Charges Received by Real Estate Companies—V.N. DAMODAR 64 >>   
COMPANIES ACT, 2013 : ARTICLES - Dematerialisation of Shares by Private Limited Companies—Recent Amendments—CA. DEEPAK HARWANI 68 >>   
IPR : ARTICLES - Intellectual Property Rights Policy Management Framework—FCS. JAYA SHARMA-SINGHANIA/CS. MEHUL SOLANKI 70 >>   
LLP : ARTICLES - Recent Changes in LLP Act—CA. DEEPAK HARWANI 74 >>   
INCOME TAX : CASE LAW DIGESTS - ACIT v. Sinhagad Technical Education Society (2024) 193 TR (A) 427 (Pune-Tribq) : 2023 TaxPub(DT) 5545 (Pune-Trib) 79 >>   
INCOME TAX : CASE LAW DIGESTS - Ahindrakumar P. Nandi v. ITO (2024) 193 TR (A) 435 (Surat-Trib) : 2023 TaxPub(DT) 5476 (Srt-Trib) 88 >>   
INCOME TAX : CASE LAW DIGESTS - Anil Prabahkar Korgaonkar (HUF) v. ACIT (2024) 193 TR (A) 437 (Pune-Trib) : 2023 TaxPub(DT) 5263 (Pune-Trib) 90 >>   
INCOME TAX : CASE LAW DIGESTS - APHV India Investco (P) Ltd. v. Asstt. CIT (2024) 193 TR (A) 441 (Del-HC) : 2023 TaxPub(DT) 5481 (Del-HC) 93 >>   
INCOME TAX : CASE LAW DIGESTS - Arun Agarwal Mansarovar v. Asstt. CIT (2024) 193 TR (A) 446 (JP-Trib) : 2023 TaxPub(DT) 2343 (Jp-Trib) 99 >>   
INCOME TAX : CASE LAW DIGESTS - Asstt. CIT v. International Recreation Parks (P) Ltd. (2024) 193 TR (A) 427 (Del-Trib) : 2023 TaxPub(DT) 4756 (Del-Trib) 80 >>   
INCOME TAX : CASE LAW DIGESTS - Atithi Building Commodities (P) Ltd. v. Asstt. CIT (2024) 193 TR (A) 429 (Mum-Trib) : 2023 TaxPub(DT) 3296 (Mum-Trib) 82 >>   
INCOME TAX : CASE LAW DIGESTS - Bhatia Service Station v. ITO (2024) 193 TR (A) 436 (Ahd-Trib) : 2023 TaxPub(DT) 5487 (Ahd-Trib) 89 >>   
INCOME TAX : CASE LAW DIGESTS - Bina Fashions N Food (P) Ltd. v. Asstt. CIT (2024) 193 TR (A) 440 (Del-Trib) : 2023 TaxPub(DT) 2582 (Del-Trib) 92 >>   
INCOME TAX : CASE LAW DIGESTS - Crafts Council of Tamil Nadu v. Dy. CIT(E) (2024) 193 TR (A) 426 (Chen-Trib) : 2023 TaxPub(DT) 4630 (Chenn-Trib) 79 >>   
INCOME TAX : CASE LAW DIGESTS - Darshana Anand Damle v. Dy. CIT (2024) 193 TR (A) 441 (Bom-HV) : 2023 TaxPub(DT) 5492 (Bom-HC) 94 >>   
INCOME TAX : CASE LAW DIGESTS - Deepak Arjundas v. Asstt. CIT (2024) 193 TR (A) 438 (Chen-Trib) : 2023 TaxPub(DT) 2622 (Chenn-Trib) 91 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Gopalan Enterprises (2024) 193 TR (A) 447 (Bang-Trib) : 2023 TaxPub(DT) 2386 (Bang-Trib) 100 >>   
INCOME TAX : CASE LAW DIGESTS - Dy. CIT v. Khoday India Ltd. (2024) 193 TR (A) 428 (Bang-Trib) : 2023 TaxPub(DT) 5514 (Bang-Trib) 80 >>   
INCOME TAX : CASE LAW DIGESTS - Farmax India Ltd. v. Dy. CIT (2024) 193 TR (A) 428 (Hyd-Trib) : 2023 TaxPub(DT) 386 (Hyd-Trib) 81 >>   
INCOME TAX : CASE LAW DIGESTS - George Gee Varghese v. ITO (2024) 193 TR (A) 425 (Chen-Trib) : 2023 TaxPub(DT) 3194 (Chenn-Trib) 77 >>   
INCOME TAX : CASE LAW DIGESTS - ITO v. Easwari Sukanya Krishnan (2024) 193 TR (A) 431 (Chny-Trib) : 2023 TaxPub(DT) 4283 (Chenn-Trib) 84 >>   
INCOME TAX : CASE LAW DIGESTS - Jindal Exports & Imports v. Dy. CIT (2024) 193 TR (A) 442 (Del-HC) : 2023 TaxPub(DT) 4549 (Del-HC) 94 >>   
INCOME TAX : CASE LAW DIGESTS - Kanpur Fertilizers & Cement Ltd. v. ITO (2024) 193 TR (A) 432 (Del-Trib) : 2023 TaxPub(DT) 3473 (Del-Trib) 84 >>   
INCOME TAX : CASE LAW DIGESTS - Kazuya Watanabe v. Asstt. DIT (2024) 193 TR (A) 437 (Bang-Trib) : 2023 TaxPub(DT) 3475 (Bang-Trib) 89 >>   
INCOME TAX : CASE LAW DIGESTS - Ketan Sahebrao Purkar v. ITO (2024) 193 TR (A) 440 (Pune-HC) : 2023 TaxPub(DT) 2409 (Pune-Trib) 93 >>   
INCOME TAX : CASE LAW DIGESTS - Madhu Korah v. ITD (2024) 193 TR (A) 448 (Jharkhand-HC) : 2023 TaxPub(DT) 3356 (Jhar-HC) 101 >>   
INCOME TAX : CASE LAW DIGESTS - Mamta Rani v. ITO (2024) 193 TR (A) 436 (Del-Trib) : 2023 TaxPub(DT) 4641 (Del-Trib) 88 >>   
INCOME TAX : CASE LAW DIGESTS - Murlimanohar Ramkishan Mundhra v. ITO (2024) 193 TR (A) 443 (Suret-Trib) : 2023 TaxPub(DT) 4290 (Srt-Trib) 96 >>   
INCOME TAX : CASE LAW DIGESTS - Naresh Kumar Jain v. Dy. CIT (2024) 193 TR (A) 439 (Del-Trib) : 2023 TaxPub(DT) 3365 (Del-Trib) 92 >>   
INCOME TAX : CASE LAW DIGESTS - Paramanand & Sons v. Asstt. DIT (2024) 193 TR (A) 448 (Bang-Trib) : 2023 TaxPub(DT) 4643 (Bang-Trib) 100 >>   
INCOME TAX : CASE LAW DIGESTS - Potluri Phanendra Babu v. ITO (2024) 193 TR (A) 449 (Visakhapatnam-Trib) : 2023 TaxPub(DT) 5694 (Visakha Trib) 102 >>   
INCOME TAX : CASE LAW DIGESTS - Pr. CIT v. Amita Arvindbhai Patel (2024) 193 TR (A) 435 (Guj-HC) : 2023 TaxPub(DT) 3571 (Guj-HC) 87 >>   
INCOME TAX : CASE LAW DIGESTS - Pr. CIT v. Anuj Bansal (2024) 193 TR (A) 445 (Del-HC) : 2023 TaxPub(DT) 4519 (Del-HC) 98 >>   
INCOME TAX : CASE LAW DIGESTS - Pr. CIT v. Jogia Jewellers (2024) 193 TR (A) 432 (Guj-HC) : 2023 TaxPub(DT) 3854 (Guj-HC) 85 >>   
INCOME TAX : CASE LAW DIGESTS - Pramod Kumar Madhogarhia v. UOI & Ors. (2024) 193 TR (A) 445 (Cal-HC) : 2023 TaxPub(DT) 3105 (Cal-HC) : (2023) 456 ITR 21 (Cal) 97 >>   
INCOME TAX : CASE LAW DIGESTS - Rajesh Kumar C Jain v. National Faceless Assessment Centre, New Delhi (2024) 193 TR (A) 450 (Mum-Trib) : 2023 TaxPub(DT) 4803 (Mum-Trib) 102 >>   
INCOME TAX : CASE LAW DIGESTS - Ramavtar Krishanavtar v. ITO (2024) 193 TR (A) 430 (JP-Trib) : 2023 TaxPub(DT) 258 (Jp-Trib) 83 >>   
INCOME TAX : CASE LAW DIGESTS - Sheel Chand Agroils (P) Ltd. v. ACIT (2024) 193 TR (A) 446 (Del-Trib) : 2023 TaxPub(DT) 5004 (Del-Trib) 98 >>   
INCOME TAX : CASE LAW DIGESTS - Shilpa Prabhakar Kulkarni v. Dy. CIT (2024) 193 TR (A) 425 (Mum-Trib) : 2023 TaxPub(DT) 3167 (Mum-Trib) 78 >>   
INCOME TAX : CASE LAW DIGESTS - Symphony Skyline Wealth Space Bld v. Dy. CIT (2024) 193 TR (A) 444 (Mum-Trib) : 2023 TaxPub(DT) 2356 (Mum-Trib) 96 >>   
INCOME TAX : CASE LAW DIGESTS - Vishnu R. Prabhu v. UOI (2024) 193 TR (A) 442 (Bom-HC) : 2023 TaxPub(DT) 3781 (Bom-HC) 95 >>   
INTERNATIONAL TAXATION : STATUTES - Double Taxation Avoidance Agreement between India and Samoa—Notification No. 21/2024, dtd. 7-2-2024 [F. No. 503/06/2012-FTD.II] 104 >>   
INTERNATIONAL TAXATION : CASE LAW DIGESTS - Adobe Systems Software Ireland Ltd. v. Asstt. CIT (2024) 193 TR (B) 458 (Del 'D'-Trib) : 2023 TaxPub(DT) 1564 (Del 'D'-Trib) : (2023) 106 ITR (Trib) 475 (Del 'D'-Trib) 110 >>   
INTERNATIONAL TAXATION : CASE LAW DIGESTS - Air France v. DCIT (2024) 193 TR (B) 461 (Del-Trib) : 2023 TaxPub(DT) 4513 (Del-Trib) 114 >>   
INTERNATIONAL TAXATION : CASE LAW DIGESTS - Dy. CIT v. Aedas Pte. Ltd. (2024) 193 TR (B) 460 (Del-Trib) : 2023 TaxPub(DT) 4380 (Del 'D'-Trib) 113 >>   
INTERNATIONAL TAXATION : CASE LAW DIGESTS - Smit Singapore Pte. Ltd. Miti Shah & Associates v. Dy. CIT (2024) 193 TR (B) 458 (Mum 'I'-Trib) : 2023 TaxPub(DT) 3812 (Mum 'I'-Trib) : (2023) 106 ITR (Trib) 490 (Mum 'I'-Trib) 111 >>   
INTERNATIONAL TAXATION : CASE LAW DIGESTS - Verint System Ltd. v. DCIT (2024) 193 TR (B) 459 (Del-Trib) : 2023 TaxPub(DT) 326 (Del-Trib) 112 >>   
INTERNATIONAL TAXATION : CASE LAW DIGESTS - Veritas Storage (Singapore) Pte. Ltd. v. Dy. CIT (2024) 193 TR (B) 460 (Del-Trib) : 2023 TaxPub(DT) 5742 (Del-Trib) 112 >>   
INTERNATIONAL TAXATION : CASE LAW DIGESTS - We Work India Management (P) Ltd. v. Dy. CIT (2024) 193 TR (B) 463 (Bang-Trib) : 2023 TaxPub(DT) 1698 (Bang-Trib) 115 >>   
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