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Section 144C

Latest Articles


Taxpayers Concerned as Assessment Orders Deviate from Orders Giving Effect

Income Tax : Taxpayers face challenges when assessment orders don’t reflect DRP directions. Misalignments lead to disputes, rectification iss...

October 4, 2024 2418 Views 0 comment Print

Eyes on Apex Court: Legal Community Awaits Supreme Court’s Verdict on Roca Bathroom Case

Income Tax : The legal community awaits the Supreme Court decision on the Roca Bathroom case, addressing timelines for transfer pricing assessm...

September 5, 2024 11082 Views 0 comment Print

Section 44C of Income Tax Act, 1961 Deduction of head office expenditure in case of Non-residents

Income Tax : Discover how Section 44C of the Income Tax Act, 1961, governs the deduction of head office expenses for non-resident businesses in...

July 19, 2024 4017 Views 0 comment Print


Latest Judiciary


Assessment Order Issued Beyond Limitation Period is Invalid: ITAT Delhi

Income Tax : Delhi ITAT voids BBC World Service India's 2017-18 tax assessment, ruling the final order was issued beyond the statutory time lim...

July 10, 2025 228 Views 0 comment Print

AO Must Await DRP Directions Before Final Order: Bombay HC

Income Tax : Bombay High Court sets aside Sulzer Pumps' assessment order, citing pending DRP reference and procedural requirements under Sectio...

July 10, 2025 72 Views 0 comment Print

Fresh Draft Income Tax Order Non-Negotiable Post-Remand: Assessee Gets Relief

Income Tax : Madras High Court rules in favor of Enfinity Solar, quashing an assessment order due to the tax authorities' failure to issue a ma...

July 5, 2025 600 Views 0 comment Print

Transfer pricing adjustment by applying Bright Line Test not permissible: ITAT Delhi

Income Tax : ITAT Delhi held that Bright Line Test doesn’t have statutory mandate and cannot be applied for determining Arm’s Length Price ...

July 2, 2025 132 Views 0 comment Print

Section 80IA(10) Inapplicable: Pre-condition of Arrangement Not Met – ITAT Mumbai

Income Tax : Higher profit per se cannot lead to the conclusion that there is arrangement between the parties. The concept of PLI cannot per se...

June 26, 2025 126 Views 0 comment Print


Latest Posts in Section 144C

Assessment Order Issued Beyond Limitation Period is Invalid: ITAT Delhi

July 10, 2025 228 Views 0 comment Print

Delhi ITAT voids BBC World Service India’s 2017-18 tax assessment, ruling the final order was issued beyond the statutory time limit.

AO Must Await DRP Directions Before Final Order: Bombay HC

July 10, 2025 72 Views 0 comment Print

Bombay High Court sets aside Sulzer Pumps’ assessment order, citing pending DRP reference and procedural requirements under Section 144C of the Income Tax Act.

Fresh Draft Income Tax Order Non-Negotiable Post-Remand: Assessee Gets Relief

July 5, 2025 600 Views 0 comment Print

Madras High Court rules in favor of Enfinity Solar, quashing an assessment order due to the tax authorities’ failure to issue a mandatory draft assessment order after remand.

Transfer pricing adjustment by applying Bright Line Test not permissible: ITAT Delhi

July 2, 2025 132 Views 0 comment Print

ITAT Delhi held that Bright Line Test doesn’t have statutory mandate and cannot be applied for determining Arm’s Length Price [ALP] of Advertisement, Marketing and Promotion [AMP] expense. Accordingly, appeal allowed to that extent.

Section 80IA(10) Inapplicable: Pre-condition of Arrangement Not Met – ITAT Mumbai

June 26, 2025 126 Views 0 comment Print

Higher profit per se cannot lead to the conclusion that there is arrangement between the parties. The concept of PLI cannot per se be applied to hold that assessee has earned higher profit

Expansion of scope of limited scrutiny not tenable as prior approval not obtained

June 25, 2025 114 Views 0 comment Print

ITAT Bangalore held that expansion of scope of limited scrutiny without obtaining required prior approval as directed under CBDT Order No. F.No.225/402/2018/ITA.II dated 28.11.2018 is bad-in-law and hence order of AO is liable to be quashed.

Genpact Wins Tax Case: Intangible Assets Depreciable

June 21, 2025 270 Views 0 comment Print

ITAT Delhi rules customer contracts, assembled workforce are intangible assets, allowing Genpact’s depreciation claim and affirming cost allocation.

Notice U/S 148 Invalid if issued Without Proper Section 151 Sanction: Delhi HC

June 20, 2025 822 Views 0 comment Print

Delhi High Court held that notice issued u/s. 148 and assessment order thereon is liable to be set aside as sanction of issuance of notice not granted by authority specified under section 151 of the Income Tax Act. Accordingly, appeal of asset allowed and demand set aside.

Denial of DTVSV Benefits for Loss Carry Forward Based on Later Return Erroneous: Delhi HC

June 19, 2025 72 Views 0 comment Print

The fact that the AO had in fact did not claim any carry forward of loss in the next assessment year would not be destructive of the petitioner’s right to exercise its option in terms of Rule 9(1) of the DTVSV Rules. Hence, the present petition is allowed.

Tata Chemicals Secures ₹156 Cr Interest Deduction for Loan Used in Overseas Investment

June 17, 2025 189 Views 0 comment Print

Mumbai ITAT rules in favor of Tata Chemicals, allowing deduction of ₹156 crore interest on loans for overseas investment, overturning PCIT’s revision.

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