Blog Categories
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
Nortel Networks India Pvt. Ltd. vs Deputy Commissioner of Income Tax (Delhi High Court, 2022) – Delay in Rectification under Section 154 & Refund with Interest under Section 244A
Facts of the CaseThe Petitioner, Nortel Networks India Private Limited, filed
writ petitions seeking directions to the Income Tax Department to dispose of
its pending rectification applications dated 19 December 2018 a...
Nortel Networks India Private Limited vs Deputy Commissioner of Income Tax, Circle 16(1), New Delhi (2022:DHC:3601-DB)
Facts of the CaseThe Petitioner, Nortel Networks India Private Limited, filed
rectification applications dated 19 December 2018 and 26 December 2018 for
Assessment Years 2009-10 and 2010-11. Despite statutory mandates,...
Nortel Networks India Private Limited vs Deputy Commissioner of Income Tax, Circle 16(1), New Delhi (2022:DHC:3601-DB)
Facts of the CaseThe Petitioner, Nortel Networks
India Private Limited, filed rectification applications dated 19 December 2018
and 26 December 2018 for Assessment Years 2009-10 and 2010-11. Despite
statutory mandates...
Principal Commissioner of Income Tax-3 vs Emmsons International Ltd. (Delhi High Court, 2022) – Allowability of Notional Forex Loss under Section 37(1)
Facts of the CaseThe present Income Tax Appeal was filed by the Appellant
challenging the order dated 14th October 2019 passed by the Income Tax
Appellate Tribunal (ITAT) for Assessment Year 2012-13. The Assessing Offi...
PR. Commissioner of Income Tax-4 vs. M/s GGC Constructions Pvt. Ltd. (Delhi High Court) – Allowability of Revised Claims Without Revised Return, Bogus Purchases & Sundry Creditors | Section 139(5), 154, 260A of Income Tax Act
Facts of the CaseThe present appeal was filed by the Revenue before the Delhi
High Court challenging the order of the Income Tax Appellate Tribunal (ITAT)
for Assessment Year 2012-13. The dispute arose from multiple ad...
Principal Commissioner of Income Tax-4, Delhi vs. Haier Appliances India Pvt. Ltd. (Delhi High Court, 2022) – AMP Expenses & Binding Precedent in Transfer Pricing
Facts of the CaseThe present appeals were filed by the Revenue challenging a
common order passed by the Income Tax Appellate Tribunal (ITAT) for Assessment
Year 2011-12. The central issue revolved around whether routin...
PR. Commissioner of Income Tax-7 vs. M/s SPG Finvest Pvt. Ltd. (Delhi High Court) – Deletion of Additions under Sections 68 & 69 and Scope of Rule 46A
Facts of the CaseThe present appeal was filed by the Revenue challenging the
order dated 27th November 2020 passed by the Income Tax Appellate Tribunal
(ITAT) for Assessment Year 2012–13. The Assessing Officer (AO) h...
SH. NARENDER KUMAR ANAND vs PRINCIPAL COMMISSIONER OF INCOME TAX (Delhi High Court) – Rejection of Books u/s 145(3) & Estimation of Gross Profit at 2% Upheld
Facts of the
CaseThe assessee filed an income tax return declaring
income of ₹6,27,480 for AY 2013-14. The case was selected for scrutiny due to low
net profit despite high turnover.
Purchases: ₹80.30 crore
S...
Principal Commissioner of Income Tax-4, Delhi vs. Haier Appliances India Pvt. Ltd. (2022) – AMP Expenses and Transfer Pricing Adjustment under Income Tax Act
Facts of the CaseThe Revenue filed appeals challenging a common order passed
by the Income Tax Appellate Tribunal (ITAT) concerning Assessment Year 2011–12.
The dispute arose over whether routine selling and
distrib...
Uppal Chadha Hi-Tech Developers Pvt. Ltd. vs Income Tax Officer Ward 22(3), Delhi & Anr. (Delhi High Court, 2022) – Reassessment Invalid on Non-Existent Entity & Non-Reasoned Order under Sections 148A & 148
Facts of the Case
The
Petitioner challenged:
Show
cause notice dated 26.05.2022 under Section 148A(b)
Order
under Section 148A(d)
Notice
under Section 148 dated 30.05.2022
...