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 VERSUS M S D C M LTD INCOME TAX APPEALS BUSINESS EXPENDITURE AND INVESTMENT ALLOWANCE SECTION 32A SECTION 37 AND SECTION 260A OF THE INCOME TAX ACT
Facts of the Case
The
Revenue filed an appeal against the order dated August 2, 2004, passed by
the Income Tax Appellate Tribunal (ITAT), Delhi Bench "F".
The
ITAT order pertained to ITA No. 3825 a...
COMMISSIONER OF INCOME TAX DEL Versus M/S VIBROS ORGANICS LTD: Disallowance of Depreciation Claim and Protection Against Penalty for Bona Fide Belief Under Section 271(1)(c) and Section 32(1)
Facts of the Case
The
assessee, M/S Vibros Organics Ltd., is a company engaged in the business
of manufacturing chemicals.
For
the assessment year 2001-2002, the company declared a loss and claimed...
COMMISSIONER OF INCOME TAX DELHI VERSUS M/S GUARDIAN INTERNATIONAL CORP ACCRUAL AND TAXABILITY OF ROYALTY INCOME SECTIONS 5 AND 9 OF THE INCOME TAX ACT 1961
Facts of the Case
The
legal dispute pertains to the assessment year 1996-97.
The
litigation arose from a commercial arrangement involving Gujarat Guardian
Limited and the Assessee, M/S Guardian Int...
Commissioner of Income Tax vs M/s Mahalakshi Mills Co. Ltd. – Additional Ground Before CIT(A) During Appeal Proceedings – Sections 246A and 250 of the Income Tax Act
Facts of the CaseThe Revenue challenged the order dated 21 October 2005
passed by the Income Tax Appellate Tribunal, Delhi Bench 'B', relating to
Assessment Years 1993-94, 1994-95, 1996-97 and 1997-98.The controversy a...
Commissioner of Income Tax vs M/s R.D. Ramnath Company – Interest on Refund under Section 244(1A) on Amount Paid under Section 220(2) of the Income-tax Act
Facts of the CaseThe Revenue challenged the order dated 9 June 2005 passed by
the Income Tax Appellate Tribunal, Delhi Bench "D" in ITA Nos. 4125
to 4128/Del/2004 relating to Assessment Years 1978-79, 1982-83, 1983-84 ...
Commissioner of Income Tax vs M/s R.D. Ramnath Company – Interest on Refund Under Section 244(1A) of the Income Tax Act Read with Section 220(2)
Facts of the CaseThe Revenue challenged the
order dated 9 June 2005 passed by the Income Tax Appellate Tribunal, Delhi
Bench "D", in ITA Nos. 4125 to 4128/Del/2004 relating to Assessment
Years 1978-79, 1982-83, 1983-8...
Commissioner of Income Tax vs M/s Anand Kumar Deepak Kumar – Unaccounted Sales Estimation After Search Proceedings and Appeal Under Section 260A of the Income Tax Act
Facts of the CaseThe Revenue challenged the order dated 11 May 2004 passed by
the Income Tax Appellate Tribunal, Delhi Bench ‘A’, relating to Assessment Year
1995-96.A search was conducted at the premises of the as...
Commissioner of Income Tax vs M/s Genesis Commet Pvt Ltd – Allowability of Commission Expenditure and Burden of Proof Under Sections 37(1) and 131 of the Income Tax Act
Facts of the CaseThe Assessing Officer disallowed commission payments made by
M/s Genesis Commet Pvt Ltd to three parties, namely Shri Rajesh Singhal
(Proprietor of M/s Rajesh Traders), Smt. Renu Bhagwan, and M/s Jagdi...
Commissioner of Income Tax vs M/s Eicher Ltd. – Provision for Bad and Doubtful Debts and Computation of Book Profits under Section 115JA of the Income Tax Act, 1961
Facts of the CaseThe Revenue filed an appeal before the Delhi High Court
against the order of the Income Tax Appellate Tribunal concerning Assessment
Year 1999-2000. The dispute arose from the Assessing Officer's actio...
Commissioner of Income Tax, Delhi vs M/s SMC Share Brokers Ltd. – Cross Examination Requirement in Block Assessment Proceedings under Sections 158BD, 158BC and 260A of the Income Tax Act
Facts of the CaseA search operation was conducted on 3 August 2000 at the
premises of Manoj Aggarwal, who was a Director of Friends Portfolio Pvt. Ltd.
During the search, various documents, books of account and other r...