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Vijay Syal vs Income Tax Officer, New Delhi & Another – Recovery of Disputed Tax Demand During Pendency of Appeal and Stay Order | Sections 220(6), 246A & Appellate Proceedings under the Income-tax Act, 1961 | Delhi High Court

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My Tax Expert
20/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 51
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Facts of the CaseThe petitioner, Vijay Syal, challenged an order dated 10 February 2003 issued by the Income Tax Officer, Ward 30(1), New Delhi, directing him to deposit an outstanding tax demand of Rs. 2,66,007 pertai...

Dinesh Kumar v. Commissioner of Income Tax, Delhi-III – Penalty for Concealment under Section 271(1)(c) and Scope of Reference under Section 256(2) of the Income-tax Act, 1961

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My Tax Expert
20/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 58
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Facts of the CaseThe assessee, Dinesh Kumar, filed his return of income for Assessment Year 1973-74 declaring a total income of Rs. 9,000. During assessment proceedings, the total income was determined at Rs. 20,100. A...

M/s Orissa Cement Limited vs Income-tax Officer & Another – Reassessment under Sections 147/148 and Deduction for Scientific Research Contribution under Section 35(1)(ii) of the Income-tax Act, 1961 | Delhi High Court

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My Tax Expert
20/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 53
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Facts of the CaseThe petitioner, M/s Orissa Cement Limited, challenged the validity of a notice dated 30 March 1978 issued under Sections 147 and 148 of the Income-tax Act, 1961 for reopening the assessment relating to...

Commissioner of Income-tax, Delhi-II v. M/s Qantas Airways Ltd. (2001) – Taxability of Interest Earned on Commonwealth Treasury Bonds by Non-Resident Airline under Sections 5(2), 9 and Rule 10 of the Income-tax Act, 1961

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My Tax Expert
20/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 50
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Facts of the CaseM/s Qantas Airways Ltd., a company wholly owned by the Government of Australia and engaged in the business of operating international airline services, filed its return of income for the Assessment Yea...

Director General of Income Tax (Administration) vs AAIFR & Ors. (Amitabh Bachchan Corporation Ltd.) – Whether Income Tax Department Must Be Heard Before Declaration of a Sick Industrial Company under SICA | Delhi High Court

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My Tax Expert
20/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 50
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Facts of the CaseThe Director General of Income Tax (Administration), New Delhi, filed the present writ petition challenging the order dated 17 November 2000 passed by the Appellate Authority for Industrial and Financi...

Commissioner of Income Tax, Delhi-I v. M/s Delhi Cattle Breeding Farms (P) Ltd., Delhi – Whether Capital Gains on Sale of Agricultural Land Form Part of Distributable Income for Levy of Additional Tax under Section 104 of the Income-tax Act, 1961

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My Tax Expert
20/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 50
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Facts of the CaseThe assessee, M/s Delhi Cattle Breeding Farms (P) Ltd., was a private limited company engaged in agricultural and dairy farming activities. For Assessment Years 1974-75 and 1975-76, the company had acc...

Commissioner of Income Tax vs M/s Hotel & Restaurant Association – Accumulation of Income for Charitable Objects under Section 11(2) of the Income-tax Act, 1961 | Delhi High Court

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My Tax Expert
20/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 46
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Facts of the CaseThe respondent-assessee was a company registered under Section 25 of the Companies Act, 1956 and had also been granted registration under Section 12A(a) of the Income-tax Act, 1961. For the previous ye...

Jain Tube Company Ltd. vs Commissioner of Income Tax-I (Delhi High Court) – Treatment of Foreign Exchange Fluctuation Loss and Sale of Import Entitlements under Sections 28, 37, 43A & 256(1) of the Income-tax Act, 1961

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My Tax Expert
20/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 47
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Facts of the CaseThe Income-tax Appellate Tribunal, Delhi Bench-C, referred two questions of law to the Delhi High Court under Section 256(1) of the Income-tax Act, 1961, at the instance of the assessee, Jain Tube Comp...

Shri Shyam Sales vs Income Tax Department & M/s Bansal Commodities – Release of Income Tax Refund Pursuant to Settlement Commission Order Amid Competing Claims | Delhi High Court

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20/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 53
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Facts of the CaseThe petitioner, Shri Shyam Sales, filed a writ petition seeking a direction to the Income Tax Department to issue a refund voucher for pay orders amounting to ₹50.40 lakhs. The claim was based on an ...

Usha Sales Ltd. v. Commissioner of Income-tax (Delhi High Court) – Deductibility of Interest on Income-tax Liability and Surtax Liability under the Income-tax Act, 1961 (Assessment Year 1974-75)

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My Tax Expert
20/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 55
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Facts of the CaseThe Income-tax Appellate Tribunal, Delhi Bench ‘C’, referred two questions of law to the Delhi High Court under Section 256(1) of the Income-tax Act, 1961, at the instance of the assessee, Usha Sal...