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Commissioner of Income Tax-IV vs. Infogain India Private Limited: Eligibility of Section 10B Deduction Post Section 80HHE Claims
Facts of the CaseThe Revenue (Appellant) filed appeals against the
orders of the Income Tax Appellate Tribunal (ITAT) for the Assessment Years
2005-06 and 2006-07. The core dispute arose from the Respondent Assessee’...
Commissioner of Income Tax vs S.M. Flanges Pvt. Ltd. – Deduction under Sections 80-IB and 80HHC, Applicability of Section 80-IA Principles and Treatment of DEPB/Duty Drawback Incentives
Facts of the
CaseThe Revenue challenged the findings of the Income
Tax Appellate Tribunal regarding the computation and applicability of
deductions claimed by the assessee under Sections 80-IB and 80HHC of the Income
...
Hamdard Laboratories India vs DGIT (Exemptions): Exemption u/s 10(23C)(iv) for Business Held in Trust | Delhi High Court
Facts of the CaseThe case involves Hamdard
Laboratories India, which was constituted in 1948. The partners of the business
dedicated it entirely to charity, functioning as a special-purpose vehicle to
effectuate chari...
CIT (Central) vs. Mohan Meakins Ltd. & Others: Delhi High Court Ruling on Income Tax Appeals |Section 260A
Facts of the CaseThe present matter involves a
cluster of Income Tax Appeals (ITAs) filed by the Revenue (Commissioner of
Income Tax) against various corporate entities, including Mohan Meakins
Limited, National Indus...
Kapil Dev vs Commissioner of Income Tax | Delhi High Court on Validity of Garnishee Proceedings and Attachment of Bank Accounts under Section 226(3) of the Income Tax Act
Facts of the
Case
The petitioner's brother, Raj Kumar, had been assessed to income
tax for Assessment Year 1996–97 and a tax demand of approximately Rs.
24.74 lakhs was raised.
Subsequently, penalty p...
Hamdard Laboratories India vs. Assistant Director of Income Tax (Exemption): Delhi High Court Order (2015)
Facts of the Case·
The provided document is a judicial
order from the High Court of Delhi at New Delhi consolidating multiple writ
petitions. · ...
The Commissioner Of Income Tax (Central) Vs. Mohan Meakins Ltd. & Connected Assessees – Delhi High Court
Facts of the
Case1.
Multiple
Income Tax Appeals were filed by the Commissioner of Income Tax against several
respondents/assessees.2.
The
appeals involved...
Commissioner of Income Tax v. Priyanka Ship Breaking Company Pvt. Ltd. | Delhi High Court | Addition of Peak Credit Deleted in Block Assessment Due to Absence of Incriminating Evidence under Sections 158BD & 158BB of Income Tax Act
Facts of the
Case
A search under Section 132 of the Income Tax Act was conducted on
Mahendra H. Shah and Hemant C. Shah of the Madhupuri Group on 7 December
1999.
During the search proceedings, statemen...
Commissioner of Income Tax vs Regency Creations Ltd. & Valiant Communications Ltd. | Delhi High Court on Allowability of Appeals Following Earlier ITA No. 69/2008 Judgment
Facts of the
CaseThe Commissioner of Income Tax instituted multiple
Income Tax Appeals against Regency Creations Ltd. and Valiant Communications
Ltd. before the Delhi High Court. During consideration of the matters, t...
Commissioner of Income Tax–II vs M/s Multiplex Trading & Industrial Co. Ltd.: Reopening of Assessment Beyond Four Years on Alleged Accommodation Entries under Sections 147, 148 and Section 68 of the Income Tax Act
Facts of the Case
The
assessee filed its return for Assessment Year 2001–02 declaring income
under Section 115JB of the Income Tax Act.
The
return was selected for scrutiny and the Assessing Offi...