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
The Commissioner of Income Tax Delhi-IV vs. Gupta Abhushan Pvt. Ltd. – Validity of Reopening of Assessment Under Section 147 of the Income Tax Act, 1961: Whether Material and Discrepancies Discovered During a Survey Can Be Extrapolated to Previous Assessment Years Based on Mere Suspicion Rather Than "Reason to Believe."
Facts of the Case
The
Assessee, M/s Gupta Abhushan Pvt. Ltd., filed its income tax returns for
the Assessment Years (AY) 1999-2000, 2000-2001, and 2001-2002. These
returns were initially processed und...
Director of Income Tax, New Delhi vs. KLM Royal Dutch Airlines: Whether Recovery/Adjustment of Warehouse Rent from a Cargo Handling Agent is Taxable in India under Article 6 or Exempt under Article 8 of the India-Netherlands DTAA
Facts of the Case
Assessee
Profile & Activity: The respondent-assessee,
M/s KLM Royal Dutch Airlines, is a company incorporated in the
Netherlands. Its principal business operations involve operat...
CIT vs. M/s [Respondent Name] | Rectification Under Section 154 Impermissible on Debatable Issues Regarding Interest Under Section 244(1A) vs. 244A
Facts
of the Case·
Background Order: The dispute originated from an order dated
February 27, 2006, passed by the Commissioner of Income Tax (Appeals) [CIT(A)].
In that...
Director of Income Tax, New Delhi vs. KLM Royal Dutch Airlines: Whether Recovery/Adjustment of Airport Warehouse Rent from Cargo Handling Agent Constitutes Separate Taxable Income in India under DTAA or Stands Exempted under Article 8 as Profits from International Traffic
Facts of the CaseThe assessee, KLM Royal Dutch Airlines, is a company
incorporated in the Netherlands with its place of effective management situated
there. Its core commercial business involves operating aircraft in
...
Commissioner of Income Tax, Delhi-X v. Bhartesh Jain: Deemed Consistency in Characterization of Share Trading Income and Set-Off of Brought Forward Speculation Losses Under Section 73 vs. Section 260A of the Income Tax Act, 1961
Facts of the Case
Assessment
Year & Return: For the Assessment Year (AY) 1995-96,
the Respondent-Assessee filed a return declaring 'Nil' income.
Best
Judgment Assessment: Due to the Assessee's ...
Commissioner of Income Tax vs. Lufthansa German Airlines | Section 194H TDS Liability on Supplementary Commission | Delhi High Court Judgment
Facts
of the CaseThe Revenue (the Appellant) preferred
these appeals (ITA Nos. 1058/2008 and 1109/2008) against the respondent
assessment orders. The core dispute centers around whether the
components of "supplementa...
Commissioner of Income Tax v. M/s. Japan Airlines Co. Ltd. — Applicability of TDS under Section 194-I vs Section 194-C on Airport Landing and Parking Charges
Facts of the CaseThe respondent assessee, M/s. Japan Airlines Co. Ltd., made
payments to the Airports Authority of India (AAI) on account of landing and
parking charges for its aircraft. The assessee deducted Tax Deduc...
Commissioner of Income Tax v. Seagram Manufacturing (Pvt.) Ltd: Applicability of Section 194C on Purchase of Packing Material — Works Contract vs. Sale of Goods Simplicitor
Facts of the CaseThe Revenue preferred an appeal against the order dated
24.08.2007 passed by the Income Tax Appellate Tribunal (ITAT) in ITA
4390/Del/2004 for the Assessment Year 2003-04. The dispute arose regarding t...
Commissioner of Income Tax vs. Concorde Capital Management Company Ltd. & Anr. | Block Assessment Under Section 158BB vs. Section 133A Survey: Third-Party Statements Gathered Outside Income Tax Search Cannot Justify Undisclosed Income Deletions Under Section 69A
Facts
of the Case·
ITA No. 185/2009
(CIT vs. Concorde Capital Management Company Ltd.): A simultaneous search operations under Section 132
was carried out on November ...
ALM Exports & Others Vs. Deputy Commissioner of Income-tax, Central Circle-13, New Delhi – Validity of Provisional Attachment Under Section 281-B of Income-tax Act, 1961 During Pendency of Section 153-A Assessment Proceedings
Facts of the Case
The
petitioners filed a cluster of writ petitions challenging a common order
dated 13.10.2008 passed by the Deputy Commissioner of Income-tax, Central
Circle-13, New Delhi under Sect...