Blog Categories
All Posts
Accounting Standard 12
CBDT 1
Chartered Accountant 1
Chartered Engineer 1
Greetings 1
Income Tax Act 2025 0
Labour Law 2
MCA Notification 1
MSME 1
NGO- Trust & Society 0
PLACEMENT 1
Press Information Bureau, Government of India (PIB) 2
RBI & Banks 1
RERA 0
RTI 1
STUDENT ICAI 2
Virtual Webinar 5
Subscribe to Newsletter
Join our subscribers list to get the latest Tax Updates and Opportunities.
Knowledge Portal
Click here to explore deep insights, FAQs, and comprehensive tax guides.
Explore Now
Commissioner of Income Tax vs. Mr. Fumio Goto | Delhi High Court on Taxability of Salary Income of Expatriate Employees and Relief under Section 10(10CC) of the Income Tax Act
Facts of the
Case
The respondents were expatriate employees employed in India by
their respective employers.
Under employment arrangements, the employers had undertaken
liability to bear the employees’...
Commissioner of Income Tax-XIV vs. Mr. Duncan Etherington | Taxability of Salary Income of Foreign Employees and Interpretation of Tax Exemption Provisions under the Income Tax Act – Delhi High Court
Facts of the
Case
The present appeal formed part of a group of connected appeals
filed by the Income Tax Department.
The dispute involved foreign/expatriate employees and the
taxability of employment-rel...
Commissioner of Income Tax vs. Bhushan Capital and Credit Services Ltd – Reassessment Jurisdiction under Section 147 & Short-Term Capital Gains (Assessment Year 1999-2000)
Facts of the
Case
Bhushan Capital and Credit Services Ltd filed its income tax return
for AY 1999-2000, declaring Rs. 5,10,130 as short-term capital gains.
The Assessment Officer (AO) initially processed the r...
Commissioner of Income Tax-XVI vs. Sh. Yoshimitsu Zautsu & Connected Matters – Delhi High Court Clarifies Taxability of Employer-Paid Tax, Social Security, Pension and Non-Monetary Perquisites under Sections 10(10CC) and 17 of the Income Tax Act
Facts of the
CaseThe assessees were expatriate employees deputed or
seconded to work in India by foreign companies and multinational entities.
Under employment arrangements, the employers bore Indian income-tax liabil...
Commissioner of Income Tax: Delhi-VIII vs Ashok Mittal – Set-off of Brought Forward Speculative Losses under Section 73 of the Income Tax Act, 1961
Facts of the
Case:
The assessee, Ashok Mittal, in the return for A.Y. 2000-01, set off
carried forward speculation losses from A.Y. 1998-1999 (75,39,186/-) and A.Y. 1999-2000 (14,43,625/-)
against the curr...
The Commissioner of Income Tax-XVI v. Sh. Ikuju Yabuki & Connected Matters – Delhi High Court on Taxability of Employer-Paid Taxes, Social Security Contributions and Non-Monetary Perquisites under Sections 10(10CC) & 17 of the Income Tax Act, 1961
Facts of the
CaseVarious expatriate employees of foreign companies
were deputed or seconded to India for employment with Indian subsidiaries or
Indian operations of foreign entities. Under employment arrangements:
E...
Commissioner of Income Tax-XVI vs Shri Toshihoru Sunahara | Taxability of Salary Income of Expatriate Employees and Residential Status under the Income Tax Act – Delhi High Court
Facts of the CaseThe appeals were filed by the Revenue against
several expatriate employees and related entities, including Shri Toshihoru
Sunahara. The controversy centered around the tax treatment of salary income
a...
M/S Jay Bharat Maruti Ltd vs. Asstt. Commissioner of Income Tax & Ors – Reassessment Notice under Section 148 of the Income Tax Act, 1961
Facts of the
CaseThe petitioner, M/S Jay Bharat Maruti Ltd,
filed a writ petition challenging the notice dated 30.08.2011 issued
under Section 148 of the Income Tax Act, 1961, for the assessment year 2007-08.
The pet...
Commissioner of Income Tax vs Jaswinder Singh Ahuja: Treatment of Stock Options under Section 271(1)(c) of the Income Tax Act, 1961
Facts of the
Case:The respondent, Jaswinder Singh Ahuja, was employed
with M/s Cadence Design Systems India Pvt. Ltd. As part of his employment, he
received stock options under an agreement dated 17.09.1992 with Caden...
Commissioner of Income Tax-XI vs Delhi Housing & Finance Corporation | Delhi High Court on Adoption of Circle Rate over Unsupported Inspector’s Report for Property Valuation – AY 2003-04 (ITA No. 38/2013)
Facts of the CaseThe
Revenue challenged the order passed by the Income Tax Appellate Tribunal
concerning valuation of two plots sold by Delhi Housing & Finance
Corporation during Assessment Year 2003-04. The prope...