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
Agence France Press vs Assistant Director of Income Tax (Delhi High Court) – Section 234B Interest on Non-Resident Assessee Where Tax Was Deductible at Source | ITA Nos. 222/2015, 223/2015, 224/2015 & 225/2015
Facts of the
Case
The assessee, a non-resident entity, derived income from news
distribution activities connected with India.
During assessment proceedings, the Revenue held that tax was
payable on such ...
Agence France Press vs Assistant Director of Income Tax (Delhi High Court) – Liability of Non-Resident Assessee for Interest under Section 234B of the Income-tax Act, 1961
Facts of the
CaseThe appellant, Agence France Press, being a
non-resident entity engaged in the business of distribution of news, was
subjected to tax proceedings by the Income Tax Department in relation to its
India...
Commissioner of Income Tax, Large Taxpayer Unit, Delhi vs Indian Railway Finance Corporation Ltd. – Delhi High Court | Section 145, Lease Equalisation Charges & Prior Period Interest Expenditure
Facts of the
CaseThe Revenue challenged the common order passed by
the Income Tax Appellate Tribunal (ITAT) for Assessment Years 2006-07,
2007-08, 2008-09 and 2009-10 in favour of Indian Railway Finance
Corporation L...
Agence France Press vs Assistant Director of Income Tax (Delhi High Court) – Section 234B Interest on Non-Resident Assessee where TDS Liability was on Payer | In light of GE Packaged Power & Jacabs Civil Inc.
Facts of the
CaseThe present batch of appeals was filed by Agence
France Press, a non-resident company engaged in the business of
distribution of news. The Revenue sought to tax the assessee in relation to its
activi...
CIT (Central)-III vs Microwave Communications Ltd. | Delhi High Court on Licence Fee & Interest Deduction u/s 35ABB
Facts of the
CaseThe dispute in the present case concerned the
treatment of licence fee paid by telecom service providers to the Department of
Telecommunications and the nature of interest paid on delayed payment of s...
Commissioner of Income Tax, Large Tax Payer Unit, Delhi vs Indian Railway Finance Corporation Ltd. (Delhi High Court) – Allowability of Lease Equalisation Charges and Prior Period Interest Expenditure under the Income-tax Act, 1961
Facts of the
CaseThe Revenue preferred appeals against the common
order passed by the Income Tax Appellate Tribunal (ITAT) concerning Assessment
Years 2006-07, 2007-08, 2008-09, and 2009-10.The principal dispute relat...
Commissioner of Income Tax, Large Tax Payer Unit, Delhi vs Indian Railway Finance Corporation Ltd. (Delhi High Court) – Allowability of Lease Equalisation Charges and Prior Period Interest Expenditure under the Income-tax Act, 1961
Facts of the
CaseThe Revenue preferred appeals against the common
order passed by the Income Tax Appellate Tribunal (ITAT) concerning Assessment
Years 2006-07, 2007-08, 2008-09, and 2009-10.The principal dispute relat...
Commissioner of Income Tax, Large Tax Payer Unit, Delhi vs Indian Railway Finance Corporation Ltd. – Delhi High Court | Connected Income Tax Appeals Decided with Reference to ITA No. 103/2015
Facts of the
CaseThe present appeals were filed by the Commissioner
of Income Tax, Large Tax Payer Unit, Delhi against Indian Railway Finance
Corporation Ltd. before the Delhi High Court. These appeals arose out of
c...
XL India Business Services Private Limited vs Income Tax Officer & Anr. | Delhi High Court on Extension of Stay Beyond 365 Days in Income Tax Appeal
Facts of the
CaseThe petitioner, XL India Business Services Private
Limited, filed an appeal before the Income Tax Appellate Tribunal (ITAT)
against the order passed by the Dispute Resolution Panel dated 20.12.2013.
...
ACB India Limited vs Assistant Commissioner of Income Tax – Section 14A read with Rule 8D: Disallowance to be Restricted Only to Tax-Exempt Investments | Delhi High Court
Facts of the
CaseThe assessee, ACB India Limited, engaged in the
business of coal beneficiation, transportation, loading of coal, and allied
activities, filed its return for Assessment Year 2008–09 and disclosed
ta...