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The Commissioner of Income Tax Delhi-II vs. Jain Exports Pvt. Ltd. | Section 41(1) Income Tax Act, 1961 | Cessation of Liability
Facts of the Case:
Jain
Exports Pvt. Ltd., engaged in trading agricultural commodities, filed its
income tax return for AY 2008-09 declaring a loss and taxable income as
nil.
The
Assessing Off...
Shervani Hospitalities Ltd. vs. Commissioner of Income Tax – Section 271(1)(c) Penalty on Revenue vs. Capital Expenditure
Facts of the Case:
The assessee, Shervani Hospitalities Ltd., engaged in hospitality services,
filed its return for the assessment year 2001-02 declaring a loss of
₹43,15,328. The assessment was completed at a posit...
Commissioner of Income Tax vs M/s Delhi Press Patra Prakashan Ltd – Deduction under Section 80-IA & 80-IB of Income Tax Act, 1961
Facts of the Case
The
assessee, M/s Delhi Press Patra Prakashan Ltd, established in 1973,
operates in publishing and printing newspapers and magazines (Unit No.1:
publishing; Units 2, 3 & 4: print...
Commissioner of Income Tax vs M/s Delhi Press Patra Prakashan Ltd – Section 80-IA & 80-IB Deductions on Industrial Undertakings Profits, Assessment Years 1997-2005
Facts of the Case
The
assessee, M/s Delhi Press Patra Prakashan Ltd, operates in
publishing and printing newspapers and periodicals.
Unit
No.1 handled publishing, while Units Nos. 2, 3, and 4 handle...
Commissioner of Income Tax vs Delhi Press Patra Prakashan Ltd. – Deduction under Section 80-I, Income Tax Act, 1961 (2013:DHC:2955-DB)
Facts of the CaseDelhi Press Patra Prakashan Ltd., engaged in printing and
publishing newspapers and periodicals in multiple languages, established Unit
Nos. 2 & 3 in Sahibabad, Ghaziabad for high-speed printing. T...
Commissioner of Income Tax vs M/s Delhi Press Patra Prakashan Ltd: Deduction under Sections 80-IA & 80-IB of the Income Tax Act, 1961
Facts of the CaseThe appeals before the Delhi High Court arose under Section
260A of the Income Tax Act, 1961. The disputes involved ITA Nos. 1732/2006,
1733/2006, 1734/2006 (assessment years 1997-98, 1998-99, and 1999...
Commissioner of Income Tax-XIII vs Rajinder Kumar – Delhi High Court Clarifies Applicability of Section 40(a)(ia) on TDS Deposited Before Due Date under Section 139(1) in Cases Following Cash System of Accounting
Facts of the Case
The
assessee, Rajinder Kumar, was an individual architect following the cash
system of accounting.
The
relevant Assessment Year involved was AY 2007–08.
During
assessment...
Commissioner of Income Tax vs Income Tax Settlement Commission & Others – Delhi High Court on Maintainability of Challenge to Settlement Commission Admission Orders under Sections 245C & 245D of the Income Tax Act, 1961
Facts of the Case
Respondent
Nos. 2 to 5 filed settlement applications under Section 245C(1) of the
Income Tax Act concerning Assessment Years 2006–07 to 2012–13.
Certain
applications were initi...
Commissioner of Income Tax-X vs M/s Aar Bee Industries | Delhi High Court on Jurisdiction of High Court under Section 260A after Transfer of Case under Section 127 of Income Tax Act .
Facts of the Case
The
assessee, M/s Aar Bee Industries, filed returns of income for Assessment
Years 2005-06, 2006-07 and 2008-09 before the Income Tax Officer, Jammu.
The
assessee claimed deduction...
Commissioner of Income Tax-X vs M/s Aar Bee Industries | Delhi High Court on Jurisdiction of High Court under Section 260A after Transfer of Case under Section 127 of the Income-tax Act
Facts of the
Case
The respondent/assessee filed returns of income at Jammu for
Assessment Years 2005-06, 2006-07 and 2008-09.
The assessments were completed by the Income Tax Officer,
Ward-I(1), Jammu.
...