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
Commissioner of Income Tax vs. M/s Shri Shyam Sales: Delhi High Court Reaffirms Jurisdictional Limits Under Section 260A, Dismissing Revenue's Income Tax Appeal on Settled Law by Relying Upon CIT vs. Gujarat State Fertilizers Co. Ltd.
Facts of the CaseThe appellant in this matter, the Revenue (represented by the
Commissioner of Income Tax), formally instituted two interconnected statutory
appeals, designated as ITA Nos. 94/2004 and 49/2004, before t...
Shri Shyam Sales v. Deputy Commissioner of Income Tax: High Court Reaffirms Judicial Discipline and Binding Precedents Under Section 254 of the Income Tax Act, 1961
Facts of the CaseThe petitioner, M/s Shri Shyam Sales, filed writ petitions
before the High Court of Delhi challenging certain impugned orders passed by
the income tax authorities. The core grievance stemmed from the A...
Search and Seizure under the Income-tax Act, 2025 – Legal Framework
Search and Seizure under the
Income-tax Act, 2025 – Legal FrameworkIntroductionSections 247 to 259 of the
Income-tax Act, 2025 contain the provisions relating to search, seizure,
requisition, retention and applicati...
M/s Super Cassettes Industries Ltd. vs Assistant Commissioner of Income Tax (Delhi High Court) – Validity of Special Audit under Section 142(2A) Despite Tax Audit under Section 44AB
Facts of the CaseThe
petitioner, M/s Super Cassettes Industries Ltd., was engaged in the business of
manufacturing and sale of audio cassettes, video cassettes, compact discs,
television-related products and allied co...
Maruti Udyog Ltd. vs Income-tax Appellate Tribunal & Others (Delhi High Court): Whether ITAT Can Admit Additional Grounds of Appeal Without Recording Reasons – Rule 11 of ITAT Rules Explained
Facts of the CaseThe Revenue
had filed several appeals before the Income-tax Appellate Tribunal relating to
Assessment Years 1991-92 to 1995-96. During the pendency of those appeals, the
Revenue sought permission to r...
Commissioner of Income Tax-II & Anr. vs M/s Rahuljee & Co. (2000) – Penalty under Section 271(1)(c) Not Leviable Where Explanation is Bona Fide
Facts of the CaseThe
assessee obtained an export order for supply of imported video cassettes to
Czechoslovakia. It secured an import licence for importing video cassettes from
a Korean company in Semi Knocked Down (S...
Commissioner of Income Tax, Delhi-II vs M/s Delhi Cattle Breeding Farms (P) Ltd. – Capital Gains on Agricultural Land to be Included for Section 104 Dividend Distribution Test | Sections 104 & 109 of the Income-tax Act, 1961
Facts of the CaseThe assessee-company
was a private limited company engaged in agricultural and dairy farming
activities. For Assessment Years 1974-75 and 1975-76, the company did not
declare dividends despite having ...
Commissioner of Income Tax, Delhi-II vs Kelvinator of India Ltd. (Now Whirlpool of India Ltd.) – Reassessment under Section 147 Cannot Be Based on Mere Change of Opinion
Facts of the CaseThe
assessee, Kelvinator of India Ltd. (now Whirlpool of India Ltd.), filed its
return for Assessment Year 1987-88 claiming expenditure incurred on maintenance
of guest houses situated in Delhi, Bomba...
Dr. Nalini Mahajan vs Director of Income Tax (Investigation) – Delhi High Court on Jurisdiction of Additional Director to Authorise Search under Section 132
Facts of the CaseA group of
writ petitions was filed by Dr. Nalini Mahajan, Ram Lal Mahajan Charitable
Trust, PAN Foods Ltd., Mahajan Industries Pvt. Ltd., and related parties
challenging the legality of search and se...
Orissa Cement Ltd. vs Commissioner of Income Tax (Central) & Another – Challenge to Revision Proceedings under Section 263 of the Income-tax Act | Delhi High Court
Facts of the CaseThe
petitioner, Orissa Cement Ltd., filed a writ petition before the Delhi
High Court seeking issuance of a writ of prohibition against the Commissioner
of Income Tax. The petitioner sought to restrai...