Blog Categories
All Posts
Accounting Standard 12
CBDT 1
Chartered Accountant 1
Chartered Engineer 1
Greetings 1
Income Tax Act 2025 0
Labour Law 2
MCA Notification 1
MSME 1
NGO- Trust & Society 0
PLACEMENT 1
Press Information Bureau, Government of India (PIB) 2
RBI & Banks 1
RERA 0
RTI 1
STUDENT ICAI 1
Virtual Webinar 5
Subscribe to Newsletter
Join our subscribers list to get the latest Tax Updates and Opportunities.
Lalita Agarwal vs Principal Commissioner of Income Tax & Anr. (2020) – Delhi High Court | Section 148 Notice Issued to Deceased Assessee | Writ Dismissed Due to Alternate Remedy
Facts of the
Case
The impugned notice under Section 148 was issued in the name of the
deceased assessee (petitioner’s husband).
Consequentially, eight assessment orders were passed under Section
144 f...
Commissioner of Income Tax, Delhi vs M/s Nalwa Investment Ltd. & Connected Matters (Delhi High Court) – Taxability of Shares Received in Amalgamation under Sections 45 & 47(vii)
Facts of the
CaseThe Respondent-assessees, including M/s Nalwa
Investment Ltd., were part of the Jindal Group and held shares in Jindal Ferro
Alloys Ltd. (JFAL). Pursuant to a scheme of amalgamation under Sections 391...
Commissioner of Income Tax vs. Nalwa Investment Ltd. & Connected Matters (Delhi High Court, 2020) – Section 47(vii), Section 45 & Taxability of Shares Received in Amalgamation
Facts of the
CaseThe assessee companies, including M/s Nalwa
Investment Ltd., were part of the Jindal Group and held shares in Jindal
Ferro Alloy Ltd. (JFAL).
JFAL amalgamated with Jindal Strips Ltd. (JSL) under a
...
Commissioner of Income Tax-V, New Delhi vs. Nalwa Investment Ltd. & Connected Matters (Delhi High Court) – Section 47(vii), Section 45 & Taxability of Shares Received in Amalgamation
Facts of the
CaseThe Respondent-assessees, including M/s Nalwa
Investment Ltd., were part of the Jindal Group and held shares of Jindal
Ferro Alloys Ltd. (JFAL). Pursuant to a scheme of amalgamation under
Sections 39...
Commissioner of Income Tax vs. Nalwa Investment Ltd. & Connected Matters (Delhi High Court, 2020) – Taxability of Shares Received in Amalgamation under Sections 45 & 47(vii) of the Income Tax Act
Facts of the CaseThe
case pertains to multiple appeals filed by the Revenue under Section 260A of
the Income Tax Act, 1961 against a common order of the Income Tax Appellate
Tribunal (ITAT). The
Respondent-assessees,...
Commissioner of Income Tax (International Tax), Delhi & Ors. vs Authority for Advance Ruling, Income Tax, New Delhi & Anr. (2020) – Jurisdiction under Section 245R(2) of Income Tax Act
Facts of the CaseThe present writ petition was filed by the Income Tax
Department challenging the order dated 24 June 2019 passed by the Authority for
Advance Rulings (AAR). The challenge was based on the contention th...
BT Global Communications India Pvt. Ltd. vs Deputy Commissioner of Income Tax & Anr. (Delhi High Court, 2020) – Challenge to Adjustment of Refund under Sections 143(1) & 245 of Income Tax Act
Facts of the CaseThe petitioner, BT Global Communications India Private
Limited, filed two writ petitions challenging actions of the Income Tax
Department regarding adjustment of refunds.
In
W.P.(C) 5415/2020, ...
BT Global Communications India Pvt. Ltd. vs Deputy Commissioner of Income Tax & Anr. | Delhi High Court | Section 143(1) & 245 Income Tax Act | Refund Adjustment Without Hearing Set Aside
Facts of the Case
The
petitioner, BT Global Communications India Pvt. Ltd., filed writ
petitions against actions of the Income Tax Department.
One
petition challenged an order dated 03 July 2020 pa...
MUFG Bank Ltd. vs Assistant Commissioner of Income Tax & Ors. | Delhi High Court | Compliance of Prior Orders & Disposal of Writ Petitions (2020:DHC:3946-DB)
Facts of the Case
The
petitioner, MUFG Bank Ltd., filed multiple writ petitions before the Delhi
High Court challenging actions of the Income Tax Department.
During
the course of proceedings, earli...
Nokia Solutions and Networks India Pvt. Ltd. vs Additional Commissioner of Income Tax & Ors. (Delhi High Court, 2020) – Adjustment of Refund Against Tax Demand under Section 244A
Facts of the Case
The
petitioner, Nokia Solutions and Networks India Pvt. Ltd., filed:
An
application seeking compliance with a prior court order and release of
interest under Section 244A.
...