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 1
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 Sudhatha Mercantile Ltd. (Earlier Known as M/s Sudhatha Mercantile Ltd.) – Income from Cultivation and Sale of Ornamental Plants Held as Agricultural Income | Delhi High Court
Facts of the CaseThe respondent-assessee, earlier known as M/s
Sudhatha Mercantile Ltd., was engaged in the production and sale of ornamental
plants and other vegetative plants. The assessee owned approximately 126.6
...
Commissioner of Income Tax vs Assessee – Foreign Exchange Fluctuation Loss Claim Covered by CIT v. Woodward Governor India Pvt. Ltd. | Delhi High Court (ITA No. 411/2009)
Facts of the CaseThe Revenue preferred an appeal before the Delhi
High Court under Section 260A of the Income-tax Act, 1961. The appeal sought
adjudication on a question of law concerning the tax treatment of foreign
...
Commissioner of Income Tax vs Sudhatha Mercantile Ltd. (Earlier Known as M/s Sudhatha Mercantile Ltd.) – Income from Ornamental Plant Cultivation Held as Agricultural Income | Section 153A, Income Tax Act, 1961 | Delhi High Court
Facts of the CaseThe assessee, Sudhatha Mercantile Ltd., engaged in
the production and sale of ornamental plants and other vegetative plants. The
company owned approximately 126.6 acres of agricultural land and, along ...
The Commissioner of Income Tax vs. M/s C.B. K.R. Enterprises | Admissibility of Business Promotion and Gift Expenses under Section 37(1) of the Income Tax Act
Facts
of the CaseThe assessee is a partnership firm
engaged in trading activities as a commission agent for M/s Marico Industries
Ltd. (manufacturers of Saffola Oil, edible oil, and non-edible oils). The
assessee sup...
Commissioner of Income Tax v. Sudhatha Mercantile Ltd. (Earlier Known as M/s Sudhatha Mercantile Ltd.) | Agricultural Income from Ornamental Plant Cultivation Held Exempt from Tax under the Income-tax Act, 1961
Facts of the CaseThe assessee company, earlier known as M/s
Sudhatha Mercantile Ltd., was engaged in the cultivation, production, and sale
of ornamental plants and other vegetative plants.The assessee owned approximate...
Commissioner of Income Tax v. Sudhatha Mercantile Ltd. (Formerly Known as M/s Sudhatha Mercantile Ltd.) – Agricultural Income from Ornamental Plants Held Exempt from Tax under the Income-tax Act, 1961
Facts of the CaseThe assessee, formerly known as M/s Sudhatha
Mercantile Ltd., was engaged in the cultivation, production, and sale of
ornamental and other vegetative plants. The assessee owned approximately 126.6
acr...
Commissioner of Income Tax vs. C.B. K.R. Enterprises | Delhi High Court Upholds Deduction of Business Promotion, Commission and Scheme Expenses under the Income-tax Act, 1961
Facts of the
CaseThe assessee, C.B. K.R. Enterprises, was a
partnership firm engaged in the business of trading and acted as a commission
agent for Marico Industries Ltd., manufacturer of Saffola edible oil and Hair
...
Commissioner of Income Tax vs. Sudhatha Mercantile Ltd. | Delhi High Court | Agricultural Income from Ornamental Plants Held Exempt from Tax under the Income-tax Act, 1961
Facts of the CaseThe assessee, M/s Sudhatha Mercantile Ltd., was
engaged in the cultivation, production and sale of ornamental plants and other
vegetative plants. The company owned approximately 126.6 acres of agricult...
Commissioner of Income Tax vs. M/s Mohan Meakin Ltd. | Allowability of Puja, Havan & Kirtan Expenses as Business Expenditure under Section 37(1) of the Income-tax Act, 1961
Facts of the Case
The
assessee, M/s Mohan Meakin Ltd., incurred expenditure on Puja, Havan,
Kirtan and similar activities as a welfare measure for its employees and
staff members at its various units ...
Ajeeta Kaur Saluja vs. Commissioner of Income Tax: Invocation of Section 69A on Bogus Gifts and Shift of Onus of Proof under Income Tax Act
Facts
of the Case·
During
the assessment proceedings for the Assessment Year (AY) 2000-01, the Assessing
Officer (AO) discovered three receipts aggregating to $Rs. 7,5...