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Jindal Exports and Imports Pvt. Ltd. & Kiran Credits Pvt. Ltd. vs Deputy Commissioner of Income Tax Circle 13(1), Delhi & Ors.
Facts of the Case
The
petitioners, namely Jindal Exports and Imports Pvt. Ltd. and Kiran Credits
Pvt. Ltd., filed writ petitions challenging reassessment proceedings
initiated by the Income Tax Depart...
Timex Group USA Inc. vs Deputy Commissioner of Income Tax, International Taxation Circle 3(1)(1), New Delhi & Anr. (Delhi High Court, 2023)
Facts of the CaseThe petitioner, Timex Group USA Inc., a tax resident of the
United States, challenged reassessment proceedings initiated by the Income Tax
Department for Assessment Year 2019–20.The dispute arose fro...
PR. Commissioner of Income Tax-6 vs Nokia Solutions and Networks India Pvt. Ltd. – Delhi High Court | Section 145 & Revenue Recognition on Unearned Income
Facts of the Case
The
assessee, Nokia Solutions and Networks India Pvt. Ltd., received amounts
classified as unearned revenue, which were recognized in its
financial statements but offered to tax in s...
PR. Commissioner of Income Tax–16, New Delhi vs Maharani Enterprises (Delhi High Court) – Disallowance under Section 40(a)(i) for Non-Deduction of TDS on Export Commission
Facts of the CaseThe Revenue filed an appeal under Section 260A challenging the
order of the Income Tax Appellate Tribunal (ITAT), which upheld the decision of
the Commissioner of Income Tax (Appeals).The dispute perta...
Principal Commissioner of Income Tax (Central)-3 vs Bhilwara Energy Ltd. | Section 14A Disallowance Not Applicable in Absence of Exempt Income (Delhi High Court)
Facts of the Case
The
Revenue filed appeals against a common order passed by the ITAT dated
02.08.2022.
The
dispute related to Assessment Years:
2014–15
2015–16
201...
Principal Commissioner of Income Tax (Central)-3 vs Bhilwara Energy Ltd | Section 14A Disallowance Not Applicable Where No Exempt Income Earned | Delhi High Court
Facts of the Case
The
Revenue filed appeals against a common order dated 02.08.2022 passed by
the ITAT.
The
appeals related to Assessment Years:
2014–15
2015–16
201...
Principal Commissioner of Income Tax-6 vs Nokia Siemens Networks India Pvt. Ltd. | Delhi High Court | Section 37 & Section 41(1) | Provision for Liquidated Damages as Ascertained Liability
Facts of the CaseThe present appeal pertains to Assessment Year 2004–05,
where the Revenue challenged the order of the Income Tax Appellate Tribunal
(ITAT) dated 31.01.2018. The respondent/assessee, Nokia Siemens Net...
Principal Commissioner of Income Tax (Central)-3 vs Bhilwara Energy Ltd. | Section 14A Disallowance Not Applicable Where No Exempt Income Earned | Delhi High Court
Facts of the Case
The
Revenue filed appeals against a common order of the Income Tax Appellate
Tribunal (ITAT) dated 02.08.2022.
The
Tribunal had deleted disallowance made under Section 14A for
...
AVS Infrabuild Private Limited vs Assistant Commissioner of Income Tax & Ors. – Invalid Reassessment Notice under Section 148 due to Jurisdictional Errors | Section 148, 148A(d), 292B Income Tax Act
Facts of
the CaseThe petitioner, AVS Infrabuild Private Limited, challenged
reassessment proceedings initiated by the Income Tax Department for AY 2014–15.
The challenge was directed against:
Notice
under Se...
Principal Commissioner of Income Tax (Central)-3 vs Bhilwara Energy Ltd | Section 14A Disallowance Not Applicable Where No Exempt Income Earned (Delhi High Court)
Facts of the CaseThe Revenue filed multiple appeals challenging a common order
passed by the Income Tax Appellate Tribunal (ITAT) dated 02.08.2022. The
Tribunal had deleted the disallowance made under Section 14A of th...