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Commissioner of Income Tax vs. M/s India Crafts (and Connected Matters): Interpretation of Section 271(1B) on Assessing Officer’s Satisfaction for Penalty Initiation
Facts of the CaseThis judgment encompasses a batch of 31 cross-appeals,
primarily led by Commissioner of Income Tax vs. M/s India Crafts (I.T.A.
No. 766/2006) along with multiple connected income tax appeals. The dispu...
Commissioner of Income Tax vs. Smt. Rani Shankar Mishra: Taxability of Gender Discrimination Compensation Received via US Consent Decree Under Section 17(3)(iii) of the Income-tax Act, 1961
Facts of the Case
Job
Application and Selection: In January 1982, the
assessee (Smt. Rani Shankar Mishra) applied for a position with the
"Voice of America," a state-owned broadcasting agency of the
...
Commissioner of Income Tax vs. Honda Siel Power Products Limited | Revenue vs. Capital Expenditure on Tooling Advances & Accrued Liabilities under Section 37(1) and Section 28 of the Income Tax Act, 1961
Facts
of the CaseThe respondent-assessee, M/s Honda Siel
Power Products Limited, is engaged in the business of manufacturing portable
generator sets in technical collaboration with Honda Motor Company of Japan. ·&nbs...
Commissioner of Income Tax v. Integrated Databases India Ltd. (2008) | Interpretation of Section 10B(5) of the Income Tax Act, 1961: Filing of Audit Report Along with Return vs Before Assessment Framing – Directory vs Mandatory Requirement
Facts of the CaseThe Revenue/Appellant (Commissioner of Income Tax) filed an
appeal challenging the order of the Income Tax Appellate Tribunal (ITAT), which
had ruled in favor of the Respondent/Assessee (Integrated Dat...
Commissioner of Income Tax vs. M/s India Crafts (and Connected Matters) Under Section 271 & Section 271(1B) of the Income Tax Act, 1961
Facts of the Case
The
Division Bench of the High Court of Delhi initially referred a batch of
appeals (led by ITA No. 766/2006, Commissioner of Income Tax v. M/s
India Crafts, along with 30 other conn...
Commissioner of Income Tax v. Smt. Rani Shankar Mishra: Taxability of Gender Discrimination Compensation and Interest Received from a Foreign Government Under Section 17(3)(iii) of the Income-Tax Act, 1961
Facts of the Case
In
January 1982, the Respondent (Assessee) applied for a position with the
"Voice of America," a state-owned broadcasting agency of the
United States Government.
In
1984, th...
Commissioner of Income Tax vs. M/S Kwality Ice Cream: Deductibility of Disputed Sales Tax Provisions Under the Mercantile System and the Applicability of Section 41 and Section 256(1) of the Income Tax Act, 1961
Facts
of the Case·
The reference relates to the Assessment
Year 1976-77. ·
The assessee, M/S Kwality Ice Cream,
stric...
Commissioner of Income Tax vs. M/s India Crafts (and Connected Matters) Under Section 271 & Section 271(1B) of the Income Tax Act, 1961
Facts of the Case
The
Division Bench of the High Court of Delhi initially referred a batch of
appeals (led by ITA No. 766/2006, Commissioner of Income Tax v. M/s
India Crafts, along with 30 other conn...
Commissioner of Income Tax vs. Market Committee | Legal Status and Taxability of Market Committees Under Section 10(20) Post-Finance Act 2002: Delhi High Court Affirms Supreme Court Precedent in CIT vs. Market Committee, Bariwala to Dismiss Revenue Appeals
Facts of the CaseThe Revenue filed a series of income tax appeals, specifically
ITA Nos. 1315/2008, 1346/2008, 1347/2008, and 1362/2008, before the Division
Bench of the Delhi High Court. These appeals targeted the ass...
Commissioner of Income Tax vs. Market Committee, Bariwala (In Light of CIT, Bhatinda vs. Market Committee, Bariwala, Punjab) – Scope of Taxability and Exemptions of Market Committees under the Income Tax Act, 1961
Facts of the Case
The
Revenue (Income Tax Department / Appellant) filed a cluster of Income Tax
Appeals—specifically ITA Nos. 1315/2008, 1346/2008, 1347/2008, and
1362/2008—before the Division Ben...