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M/s. All India J.D. Educational Society vs. Director General of Income Tax (Exemptions), Delhi | Delay in Application under Section 10(23C)(via) and Rejection of Tax Exemption Due to Non-Genuine Charitable Activities | Delhi High Court
Facts of the CaseThe petitioner, M/s. All India J.D. Educational Society,
was a registered educational society running J.D. Ayurvedic Medical College
and Hospital at Aligarh, Uttar Pradesh.The society applied before th...
Commissioner of Income Tax v. Assessee (Name Not Mentioned) | Addition Based on Dumb Documents Found During Search – Delhi High Court Dismisses Revenue Appeal | ITA No. 1590/2010
Facts of the CaseThe Revenue preferred an appeal before the Delhi High Court
challenging the findings recorded by the Commissioner of Income Tax (Appeals)
[CIT(A)] and the Income Tax Appellate Tribunal (ITAT).The Asses...
Commissioner of Income Tax v. Vinitec Corporation Pvt. Ltd. | Foreign Travel Expenses, Warranty Provision & Section 234B Interest – Delhi High Court (ITR No. 1165/2009)
Facts of the CaseThe Revenue challenged the order of the Income Tax Appellate
Tribunal (ITAT), which had allowed the assessee's claims relating to foreign
travel and conveyance expenses incurred by its employees and pr...
Commissioner of Income Tax vs. [Assessee Name]: Admissibility of Foreign Travel and Conveyance Expenses as Business Deductions (ITA 1051/2009 & 1166/2009)
Facts of the CaseThe Assessing Officer (AO) disallowed 25% of the foreign
travel and conveyance expenses claimed by the assessee for its employees. Upon
further appeal, the Commissioner of Income Tax (Appeals) [CIT(A)]...
Mother Dairy Fruit & Vegetable Pvt. Ltd. vs. CIT: TDS on Salary Paid to Non-Residents Outside India | Delhi High Court Judgment
Facts of the CaseThe Appellant, an Indian company, maintained a marketing
office in Rotterdam, Netherlands, to support its export operations. During the
assessment year 2002-03, the company remitted funds from India to...
Karan Raghav Export (P) Ltd. vs Commissioner of Income Tax (Delhi High Court) – Depreciation on Building Contributed to Partnership Firm and Deductibility of Insurance Premium under Sections 32, 10(2A), 14A & 28(v) of the Income-tax Act, 1961
Facts of the CaseThe assessee, Karan Raghav Export (P) Ltd., was a private
limited company and owner of a factory building situated at 225, Udyog Vihar,
Phase-I, Gurgaon, Haryana.The assessee became a partner in a part...
Commissioner of Income Tax vs. Paramount Communications Ltd.: Deletion of Deemed Addition Under Section 68 on Account of Excess Surrendered Stock Discovered During Survey Operation Under Section 133A of Income Tax Act 1961
Facts of the Case
Survey
Operations: On 24th December, 2002, a regular survey
operation under Section 133A of the Income Tax Act, 1961, was carried out
by the Revenue authorities on the business premi...
Commissioner of Income Tax vs. M/s. Paramount Products (P) Ltd.: Remand for Fact-Finding on Eligibility of Weighted Deduction Under Section 35B(1)(b)(iv) of the Income-tax Act on Commission Paid to Foreign Agents Without Verification of Agency Agreements
Facts of the Case
Assessee
and Assessment Years: The case involves a single corporate
assessee, M/s. Paramount Products (P) Ltd., and pertains to two specific
assessment years: 1982-83 and 1983-84.
...
Case Title (Google Search Optimized VS Form): The Commissioner of Income Tax Vs. M/s Harparshad & Company Ltd. (2010) | Deletion of Penalty under Section 271(1)(c) of Income Tax Act for Ex-Facie Bogus Commission Claim without Proof of Business Services Rendered.
2. Facts of the Case
The
respondent-assessee (M/s Harparshad & Company Ltd.) filed its income
tax return for the Assessment Year 1979-1980.
In
the return, the assessee claimed a business deduct...
Commissioner of Income Tax-III vs. Jee Apparel P Ltd: Share Application Money and Identity of Shareholders under Section 68 of the Income Tax Act, 1961
Facts of the CaseThe Assessee-company, M/s Jee Apparel P Ltd, filed
its return of income for the Assessment Year 2004-2005 on October 31, 2004,
declaring a net taxable income of Rs. 1,86,590/-. During the assessment
p...