A SHORT HISTORY OF LIBERTY'S PROGREE THROUGH HE EIGHTEENTH CENTURY
820 4 aug_2014
1. VOLUME NO.: LLAT/820 OF 2016-17 DATE: 4 August 2014
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Dear Client,
We have pleasure in listing below some of the recent legal landmarks.
SrNo Authority Section/Rules RATIO(S)
Citation /Subject CASE(NAME OF ASSESSEE)
1.1 DEL HC 271 ITA
The word conceal inherently and per-se refers to an element of mens rea albeit the
expression furnishing of inaccurate particulars is much wider in scope
1.2 275 CTR 0291 Penalty
New Holland Tractors (India) Pvt. Ltd
2.1 MAD HC 92CA ITA
Non-passing of draft assessment order after adjustments made by the TPO renders
proceedings null & void
2.2 369 ITR 0113 TP
Vijay Television Private Limited
3.1 DEL HC 92CA ITA
CUP method can be applied by a comparing a pricing formulae rather than the
pricing quantification in amount.
3.2 381ITR0038 TP
Toll Global Forwarding India Pvt Ltd
4.1 GUJ HC 271 ITA
No concealment penalty if A had filed suo-motu rectification request after claiming
excess deduction
4.2 41TM491 Penalty
Royale Manor Hotels & Ind. Ltd
5.1 GUJ HC 11 ITA
Trust spreading religious knowledge apart from propagating Jain philosophy was
charitable in nature
5.2 41TM492 Ch.Trust
Sheth Jivandas Godidas Shankheshwar Parshwanathji Jain
6.1 KAR HC 271 ITA
Mere mention of initiate penalty proceedings in assessment order was not a direction
for levying penalty
6.2 41TM496 Penalty
MWP Ltd
