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McKinsey Knowledge Centre India Pvt. Ltd. vs Pr. Commissioner of Income Tax, Delhi-6 (Delhi High Court) – Appeals Dismissed in Cross Matters | ITA 526/2017 & Connected Appeals
Facts of the CaseThe matter pertains to multiple cross appeals filed by both
the assessee (McKinsey Knowledge Centre India Pvt. Ltd.) and the Revenue (Pr.
Commissioner of Income Tax, Delhi-6) before the Delhi High Cour...
M/s McKinsey Knowledge Centre India Pvt. Ltd. vs Pr. Commissioner of Income Tax, Delhi-6 (Delhi High Court, 2018) – Transfer Pricing, KPO vs BPO, Comparable Selection & Notional Interest on Receivables
Facts of the CaseThe assessee, M/s McKinsey Knowledge Centre India Pvt. Ltd.,
is a wholly owned subsidiary of McKinsey Holding Inc., USA, engaged in
providing research & information services and IT support services...
McKinsey Knowledge Centre India Pvt. Ltd. vs Principal Commissioner of Income Tax, Delhi-6 (Delhi High Court, 2018) – Appeals Dismissed in Transfer Pricing / Income Tax Dispute
Facts of the CaseThe present matter concerns a batch of cross-appeals filed
by both the assessee, McKinsey Knowledge Centre India Pvt. Ltd., and the
Revenue, represented by the Principal Commissioner of Income Tax, Del...
PR. Commissioner of Income Tax (Central)-2 vs Chintels India Ltd (2018) – Delhi High Court | Low Tax Effect Appeals Dismissed Under CBDT Circular No. 3/2018
Facts of the CaseThe Revenue (Principal Commissioner of Income Tax,
Central-2) filed appeals before the Delhi High Court against the respondent,
Chintels India Ltd. However, during the hearing, the Revenue’s counsel
...
PR. Commissioner of Income Tax (Central)-2 vs Chintels India Ltd | Delhi High Court | Low Tax Effect Appeal Dismissed under CBDT Circular No. 3/2018
Facts of the CaseThe Revenue (Principal Commissioner of Income Tax,
Central-2) filed appeals against the respondent, Chintels India Ltd. However,
during the hearing, counsel for the Revenue submitted that the tax effec...
Ramesh Chandra & Anr. vs Assistant Commissioner of Income Tax (Delhi High Court, 2018) – Reassessment u/s 147/148 Invalid Without Opportunity of Hearing under Section 153(3) Explanation 3
Facts of the
CaseThe petitioners, Ramesh Chandra and Sanjay Chandra,
filed writ petitions challenging reassessment notices and orders issued under
Sections 147/148 of the Income Tax Act for AY 2009–10. The dispute o...
Ramesh Chandra & Anr. vs Assistant Commissioner of Income Tax (2018) – Reassessment Beyond Limitation Without Hearing Held Invalid | Delhi High Court Section 147
Facts of the
CaseThe petitioners, Ramesh Chandra and Sanjay Chandra,
filed writ petitions under Articles 226 and 227 of the Constitution seeking
quashing of reassessment notice dated 30.03.2017 and order dated 02.05.2...
Prabhat Agarwal vs Deputy Commissioner of Income Tax, W.P.(C) 8907/2008, Delhi High Court (2018) – Invalid Reassessment due to Non-Recording of Reasons under Section 148(2) of Income Tax Act
Facts of the
CaseThe petitioner (assessee) filed his return for AY
2004–05 declaring substantial income including long-term capital gains arising
from sale of mutual funds and shares. The Assessing Officer issued a ...
PR. Commissioner of Income Tax, Central–2 vs Adarsh Kumar | Delhi High Court | Low Tax Effect Appeal Dismissed under CBDT Circular No. 3/2018
Facts of the
CaseAs per the order dated 17.08.2018 (page 1), the
Revenue filed multiple appeals before the Delhi High Court against the
respondent assessee. During the hearing, the counsel for the Revenue submitted
t...
Pr. Commissioner of Income Tax, Central-2 vs Adarsh Kumar | Section 260A of the Income-tax Act, 1961 | CBDT Circular No. 3/2018 on Low Tax Effect Appeals | Delhi High Court
Facts of the
CaseThe Revenue filed appeals before the Delhi High
Court against the respondent/assessee, Adarsh Kumar, challenging issues arising
under the Income-tax Act, 1961. During the hearing, counsel appearing fo...