Section 9 – Dividend – Notice issued in SLP filed against order of the HC that dividend received by a Switzerland based company from an Indian company would bear a lower withholding tax rate of 5% instead of 10% in view of MFN clause in protocol to India-Switzerland DTAA.
Income-tax Officer v. Golderma Pharma SA World Trade Centre – [2023] 147 taxmann.com 517 (SC).
Sec. 144B – Denial of personal hearing is violative of provisions of section 144B(6)(vii).
D.B.Engineering (P.) Ltd. v. National Faceless Assessment Centre, Delhi – [2023] 147 taxmann.com 472 (Delhi).
ITR cannot be treated as invalid until assesse’s request for condonation of delay in furnishing ITR-V is pending.
Anagha Vijay Deshmukh v. DCIT – [2023] 147 taxmann.com 477 (Pune – Trib.).
68,000 cases taken up for verification under e-Verification Scheme, 2021: CBDT.
Press Release, Dated 13-3-2023.
ITAT cannot remand matter to AO if case was remanded to it by HC with specific direction.
Pooja Agarwal v. Commissioner of Income-tax – [2023] 147 taxmann.com 396 (Rajasthan).
Section 37 – Compensation paid to subsidiaries to recoup business losses occurred due to assessee allowable u/s 37.
Principal Commissioner of Income-tax v. Industrial Development Corporation of Odisha Ltd. – [2023] 147 taxmann.com 298 (Orissa).