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Commissioner of Income Tax v. UAE Resident Assessee – Eligibility of India-UAE DTAA Benefits on Short-Term Capital Gains Despite Absence of Tax Liability in UAE | Delhi High Court
Facts of the CaseIndia had entered into a Double Taxation Avoidance Agreement
with the United Arab Emirates. Under Article 13(3) of the treaty, certain
capital gains earned by a UAE resident were not taxable in India.T...
Supreme Court Stays Allahabad High Court Ruling on GST Appeal Limitation under Section 107: Portal Upload Alone Not Valid Communication – State of Uttar Pradesh v. Bambino Agro Industries Ltd. (SC)
Facts of the CaseThe dispute concerns the
commencement of the limitation period prescribed under Section 107 for
filing an appeal against GST adjudication orders.The Allahabad High Court had held
that the mere uploadi...
Sunil Bhalla vs Deputy Commissioner of Income Tax (Delhi High Court) – Exclusion of Section 148A(b) Reply Period While Computing Limitation Under Section 149 Upheld
Facts of the Case
The Assessing Officer issued a notice under
Section 148A(b) on 28.03.2024.
The assessee was initially granted time till
08.04.2024 to furnish a reply.
On 05.04.2024, the assessee sou...
Commissioner of Income Tax vs. Rajinder Kashyap & Kashyap Motors Pvt. Ltd. | Assessment Time-Barred Due to Invalid Panchnama and Unauthorized Suo Motu Extension of Special Audit Period | Delhi High Court I Limitation under Sections 158BE and 142(2C) of the Income Tax Act
Facts of the Case
A
search and seizure operation under Section 132A of the Income Tax Act was
conducted in the case of Kashyap Motors Pvt. Ltd. on 22 December 1999 and
on certain subsequent dates.
R...
Commissioner of Income Tax vs. Rajinder Kashyap & Kashyap Motors Pvt. Ltd. | Assessment Time-Barred Due to Invalid Panchnama and Unauthorized Suo Motu Extension of Special Audit Period | Delhi High Court I Limitation under Sections 158BE and 142(2C) of the Income Tax Act
Facts of the Case
A
search and seizure operation under Section 132A of the Income Tax Act was
conducted in the case of Kashyap Motors Pvt. Ltd. on 22 December 1999 and
on certain subsequent dates.
R...
Hitachi Astemo Haryana (P.) Ltd. (Formerly Showa India Pvt. Ltd.) v. DCIT – ITAT Delhi Holds Core Auto Component Manufacturers Cannot Be Benchmarked with Non-Core Auto Component Companies for Transfer Pricing Comparability
Facts of the CaseThe assessee, Hitachi Astemo
Haryana (P.) Ltd., was engaged in manufacturing shock absorbers used in
two-wheelers for both domestic and export markets. During Assessment Year
2021-22, it entered into ...
Commissioner of Income Tax vs. Rajinder Kashyap & Kashyap Motors Pvt. Ltd. (2011) – Assessment Held Time-Barred Due to Invalid Reliance on Subsequent Panchnamas and Absence of Suo Motu Power to Extend Special Audit Period Before 01.04.2008
Facts of the
CaseA search and seizure operation under Section 132A
of the Income Tax Act was conducted in the case of Kashyap Motors Pvt. Ltd. on
22 December 1999 and on certain subsequent dates. Rajinder Kashyap was ...
Commissioner of Income Tax vs. Rajinder Kashyap & Kashyap Motors Pvt. Ltd. | Limitation for Block Assessment and AO's Power to Extend Special Audit Period under Sections 158BE & 142(2C) of the Income Tax Act
Facts of the Case
A search and seizure operation under Section 132A was conducted on
22 December 1999 in the case of Kashyap Motors Pvt. Ltd.
Rajinder Kashyap was the Managing Director of the company during
...
ITA No. 487/2009 v. Commissioner of Income Tax – Delhi High Court Dismisses Income Tax Appeal Due to Low Tax Effect Below ₹10 Lakh | CBDT Monetary Limit Case
Facts of the Case:
The matter came before the Delhi High Court in an
Income Tax Appeal filed by the appellant. During consideration of the appeal,
the Court noted that the tax effect involved in the matter was less th...
Commissioner of Income Tax vs. Modi Xerox Ltd. (Delhi High Court) – Allowability of Dealer Discounts, Commission Expenses, Business Loss Write-Off and Deduction under Section 80HHC
Facts of the CaseThe assessee claimed deduction of substantial
amounts paid as General Discount, Trade-in Discount and Dealer Discount to
various parties during the relevant assessment year. The Assessing Officer
disa...