Blog Categories
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
Showing filtered results. Clear filters
Commissioner of Income Tax, Delhi-VIII vs. Mukesh Luthra | Reassessment under Sections 147/148 Cannot Be Sustained Without Tangible Material – Delhi High Court
Facts of the
CaseThe Assessing Officer (AO) issued notices under
Section 148 of the Income-tax Act, 1961 for Assessment Years 1997-98, 1998-99
and 1999-2000 on the allegation that income had escaped assessment. The ba...
Commissioner of Income Tax vs NIIT Ltd. – Whether Revenue Sharing with Franchisees under Infrastructure Claims Attracts TDS under Section 194-I of the Income Tax Act, 1961
Facts of the CaseNIIT Ltd., a public limited company engaged in providing
computer education and training, operated educational centres through its own
centres as well as franchisees. Under the franchisee/license arran...
Sri Venkateswar Education Society vs Director General of Income Tax (Exemptions) | Educational Institution Exemption under Section 10(23C)(vi) Cannot Be Denied Merely Due to Ancillary Objects in Memorandum
Facts of the Case
Sri
Venkateswar Education Society was registered under the Societies
Registration Act on 30 April 1996.
The
society established and operated Venkateswar International School, Dwark...
Assessees vs Income Tax Appellate Tribunal & Commissioner of Income Tax (Delhi High Court) – Scope of Rectification under Section 254 and Appeal under Section 260A of the Income-tax Act, 1961
Facts of the
CaseThe Income Tax Appellate Tribunal had dismissed the
appeals filed by the assessees. Aggrieved by those orders, the assessees
preferred appeals before the Delhi High Court under Section 260A of the
In...
Commissioner of Income Tax vs Assessee – Reassessment Proceedings Invalid Without Mandatory Approval of Joint Commissioner under Section 151(1)(ii) of the Income Tax Act | Delhi High Court.
Facts of the
Case
Reassessment proceedings were initiated under Section 151(1)(ii) of
the Income Tax Act, 1961.
Prior approval was obtained from the Commissioner of Income Tax.
No approval was obtained from ...
Commissioner of Income Tax v. M/s C.J. International Hotels Ltd. | Delhi High Court on MAT Computation, Section 115JA, Section 263 and Reassessment under Sections 147/148
Facts of the CaseFor Assessment Year 1998-99, the Assessing Officer originally
passed an order in favour of the assessee company. Subsequently, the
Commissioner invoked powers under Section 263 of the Income Tax Act, a...
Legato Systems (India) Pvt. Ltd. vs Deputy Commissioner of Income Tax | Reassessment under Sections 147 & 148 Invalid on Mere Change of Opinion Regarding Leasehold Improvement Expenditure
Facts of the CaseLegato Systems (India) Pvt. Ltd. filed its income tax returns
for the relevant assessment years and underwent scrutiny assessment under
Section 143(3) of the Income Tax Act, 1961.During assessment proc...
Commissioner of Income Tax v. Assessees (ITA Nos. 870-879 of 2009) – Scope of Rectification under Section 254 When Main ITAT Orders are Already Under Challenge Before High Court
Facts of the
CaseThe Income Tax Appellate Tribunal (ITAT) had
earlier dismissed the appeals filed by the assessees. Aggrieved by those
orders, the assessees preferred appeals before the Delhi High Court under
Section...
Legato Systems (India) Pvt. Ltd. vs Deputy Commissioner of Income Tax | Delhi High Court Quashes Reassessment Proceedings Based on Mere Change of Opinion under Sections 147 and 148 of the Income Tax Act, 1961
Facts of the CaseThe petitioner, Legato Systems (India) Pvt. Ltd., filed its
returns of income for the relevant assessment years and underwent scrutiny
assessments under Section 143(3) of the Income Tax Act.During the ...
Commissioner of Income Tax vs Assessee – Appeals Disposed of for Want of CBDT Approval with Liberty to Seek Revival | Delhi High Court
Facts of the CaseThe Revenue/Appellants had filed Income Tax Appeals before the
Delhi High Court. During the hearing, counsel appearing for the appellants
informed the Court that an application seeking approval from th...