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Pr. Commissioner of Income Tax-7 vs Oracle India Pvt. Ltd. (Delhi High Court, 2018) – Withdrawal of Writ Petition by Revenue Income Tax Act, 1961
Facts of the CaseThe petitioner, i.e., the Principal Commissioner of Income
Tax-7, filed writ petitions before the Delhi High Court against Oracle India
Pvt. Ltd. During the course of proceedings, the counsel for the R...
PR. Commissioner of Income Tax-7 vs Oracle India Pvt. Ltd. | Delhi High Court | W.P.(C) 121/2018 & 1058/2018 | Withdrawal of Writ Petition by Revenue
Facts of the Case
The
Revenue filed writ petitions before the Delhi High Court against Oracle
India Pvt. Ltd.
During
the hearing, counsel for the petitioner (Revenue) informed the Court that
...
Seema Jain vs Assistant Commissioner of Income Tax, Circle-59(1), New Delhi (Delhi High Court) – Addition under Section 68 upheld for Bogus Loan Transactions
Facts of the CaseThe appellant, an individual assessee, declared income from
salary, house property, and other sources. During the relevant assessment year,
she recorded a loan of ₹1 crore taken from M/s Pediment Tie...
Commissioner of Income Tax vs Steag Energy Services GmbH (2018) – Delhi High Court | Settlement Commission Interference, Royalty on Software, TDS & Transfer Pricing Adjustments
Facts of the CaseThe present writ petition was filed by the Revenue
challenging the order of the Income Tax Settlement Commission dated 26.10.2017
for Assessment Years 2009–10 to 2014–15. The respondent, Steag Ener...
PR. Commissioner of Income Tax vs Brahm Dev Gupta (2018) – Delhi High Court | Appeal Allowed | Reference to ITA 907/2017
Facts of the CaseThe present appeal was filed by the Principal Commissioner
of Income Tax before the Delhi High Court against the respondent, Brahm Dev
Gupta. The matter arose from proceedings under the Income Tax Act,...
PR. Commissioner of Income Tax-II vs Shri Braham Dev Gupta (2018) – Scope of Section 263 Revision for Lack of Inquiry by AO | Delhi High Court
Facts of the CaseThe assessee, Shri Braham Dev Gupta, was subjected to a
survey under Section 133A wherein he surrendered additional income of
approximately ₹18.25 crores due to excess stock. The returns for AY 2011-...
Shiv Sai Infrastructure Pvt. Ltd. vs Deputy Commissioner of Income Tax & Anr. (Delhi High Court) – Reassessment Notices Quashed for Lack of Specific “Reasons to Believe” under Sections 147/148 of Income Tax Act
Facts of the CaseThe petitioner challenged reassessment notices issued for
Assessment Years 2008-09 and 2009-10. The notices were based on information
received from the Investigation Wing alleging that the assessee had...
Shiv Sai Infrastructure Pvt. Ltd. vs Deputy Commissioner of Income Tax & Anr. (Delhi High Court) – Reassessment u/s 147/148 Quashed Due to Vague Reasons to Believe
Facts of the CaseThe petitioner, Shiv Sai Infrastructure Pvt. Ltd.,
challenged reassessment notices issued for Assessment Years 2008–09 and
2009–10. The Assessing Officer reopened the assessment on the basis of
in...
M/s Sony India Pvt. Ltd. vs Commissioner of Income Tax-II & Ors. (Delhi High Court, 2018) – Transfer Pricing on AMP Expenses & Depreciation on Computer Peripherals u/s 32
Facts of the CaseThe present matter involves cross appeals filed by M/s Sony
India Pvt. Ltd. (assessee) and the Revenue before the Delhi High Court
concerning Assessment Years 2007–08 and 2008–09. The dispute arise...
M/s Sony India Pvt. Ltd. vs Commissioner of Income Tax & Ors. (Delhi High Court) – Advertisement Expenses, Transfer Pricing & Depreciation on UPS
Facts of the CaseThis case involves cross appeals filed by M/s Sony
India Pvt. Ltd. (assessee) and the Income Tax Department (Revenue)
concerning Assessment Years 2007–08 and 2008–09. The appeals arose from
the or...