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Commissioner of Income Tax-8 vs Suzuki Motorcycle India Ltd. | Section 271(1)(c) Penalty Cannot Be Imposed Merely on Disallowance of Claim – Delhi High Court

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22/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 79
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Facts of the CaseThe Revenue challenged the order passed by the Income Tax Appellate Tribunal (ITAT) whereby penalty imposed under Section 271(1)(c) of the Income Tax Act was deleted. The dispute pertained to Assessmen...

Commissioner of Income Tax vs Sivalik Cellulose Ltd. – Disallowance of Prior Period Salary Liability and Taxability of Contingent Claims under Income Tax Act 1961 – Allowability of Business Expenditure

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22/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 69
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Facts of the CaseThe assessee, Sivalik Cellulose Ltd., was originally incorporated in 1975 and had established a paper manufacturing plant. Due to continuous losses, rehabilitation proceedings were initiated. Under a r...

Huawei Technologies Co. Ltd. vs Assistant Director of Income Tax, Circle 3(2), International Taxation, New Delhi – Delhi High Court | Rectification Proceedings Pending Before ITAT | Appeals Dismissed with Liberty

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My Tax Expert
22/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 83
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Facts of the CaseThe appellant, Huawei Technologies Co. Ltd., filed multiple appeals before the Delhi High Court against the orders passed in income tax proceedings. During the hearing, the learned counsel appearing fo...

Commissioner of Income Tax (Central)-II vs Home Developers Pvt. Ltd. – Delhi High Court Dismisses Revenue Appeals on Lack of Supporting Material under Section 153A

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My Tax Expert
22/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 59
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Facts of the CaseThe matter arose from a search conducted on 28.03.2006 at the premises of Yogesh Gupta, who was a director of the assessee company, Home Developers Pvt. Ltd. Pursuant to the search proceedings, notice ...

Commissioner of Income Tax (Central)-II vs Home Developers Pvt. Ltd. – Delhi High Court Dismisses Revenue Appeals on Lack of Supporting Material under Section 153A

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My Tax Expert
22/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 55
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Facts of the CaseThe matter arose from a search conducted on 28.03.2006 at the premises of Yogesh Gupta, who was a director of the assessee company, Home Developers Pvt. Ltd. Pursuant to the search proceedings, notice ...

Commissioner of Income Tax (Central)-II vs Home Developers Pvt. Ltd. – Delhi High Court Dismisses Revenue Appeals on Lack of Supporting Material under Section 153A

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My Tax Expert
22/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 64
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Facts of the CaseThe matter arose from a search conducted on 28.03.2006 at the premises of Yogesh Gupta, who was a director of the assessee company, Home Developers Pvt. Ltd. Pursuant to the search proceedings, notice ...

SREI Infrastructure Finance Ltd. vs Additional Commissioner of Income Tax – Depreciation on Leased Vehicles & MAT Addition on Special Reserve under Section 115JB

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22/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 73
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Facts of the CaseThe assessee, SREI Infrastructure Finance Ltd., a Non-Banking Financial Company (NBFC), was engaged in leasing commercial vehicles, infrastructure equipment, and financing infrastructure projects. The ...

Commissioner of Income Tax-TDS vs Moradabad Toll Road Company – Limitation Period under Section 201 of the Income Tax Act | Delhi High Court

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22/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 75
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Facts of the CaseThe Revenue challenged the order passed by the Income Tax Appellate Tribunal (ITAT), which had affirmed the order of the Commissioner of Income Tax (Appeals). The dispute related to proceedings initiat...

Commissioner of Income Tax, Delhi-III Vs Shokeen Properties Pvt. Ltd. | Delhi High Court on Section 68 Addition – Burden of Proof on Assessing Officer for Unexplained Cash Credits

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22/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 77
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Facts of the CaseThe assessee, engaged in the business of purchase and sale of properties, filed its return for Assessment Year 2008–09. During assessment proceedings, the Assessing Officer questioned certain credits...

Sharp Business Systems (India) Limited vs Deputy Commissioner of Income Tax | Delhi High Court on ITAT Rectification, Withdrawal of Appeal & Liberty to Re-agitate Grounds | Sections 254 & 260A Income Tax Act

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22/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 74
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Facts of the CaseThe appellant-company had challenged the order passed by the Income Tax Appellate Tribunal by way of appeals before the Delhi High Court. During the pendency of the appeals, it was brought to the notic...