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Commissioner of Income Tax vs. M/s. G.G. Medical Health Care Ltd.(Under Section 143(3) read with Section 260A of the Income Tax Act, 1961 – Validity of Protective Assessment / Additions based on Unverified Third-Party Claims and Alleged Fraudulent Bank Transactions)
Facts
of the Case·
The Respondent-Assessee (M/s. G.G.
Medical Health Care Ltd.) was assessed at a loss of ₹7,34,190 for the
Assessment Year 1993-94. · &n...
Commissioner of Income Tax vs. Total Care Limited (ITA Nos. 768/2008 & 769/2008) – Whether Franchisee Service Fees Qualify as 'Rent' Under Section 194-I of the Income Tax Act, 1961 for TDS Deduction | Delhi High Court Judgment
Facts of the Case
The
Parties & Appeals: The Revenue (Appellant) filed appeals
against the assessee, Total Care Limited (Respondent), regarding
Assessment Years 2003-04 and 2004-05. These appeals ...
CIT v. M/s Vikas Electronics (International) Pvt. Ltd. | Section 37(1) of the Income Tax Act, 1961: Commercial Expediency, Proof of Services, and Corporate Tax Litigations on Commission Disallowances
Facts
of the CaseThe Appellant, the Commissioner of
Income Tax (Delhi-I, New Delhi), filed an appeal (ITA No. 1407 of 2006) against
the Respondent, M/s Vikas Electronics (International) Pvt. Ltd. The dispute
original...
Commissioner of Income Tax v. M/s India Crafts (and Connected Matters): Applicability of Retrospective Amendment Under Section 271(1B) on the Recording of Satisfaction for Penalty Proceedings
Facts of the Case
A
batch of appeals was preferred by the Revenue (Commissioner of Income Tax)
against multiple respondents, including M/s India Crafts, M/s Bharat Cine
Co. (P) Ltd., and others.
Th...
THE COMMISSIONER OF INCOME TAX VS M/S BANSAL HIGH CARBONS PVT. LTD. UNDER SECTION 260A OF THE INCOME-TAX ACT, 1961
FACTS
OF THE CASE1. Assessee’s Profile: The Respondent, M/s Bansal High Carbons Pvt. Ltd.,
is a private limited company engaged in corporate business activities,
maintaining regular boo...
Commissioner of Income Tax vs. M/S Indian Hotels Co. Ltd. — Liability under Section 201(1)/201(1A) for Non-Deduction of TDS on Tips Distributed to Employees: Delhi High Court Affirms Bonafide Belief Eliminates 'Assessee in Default' Status
Facts of the CaseThe Revenue (Income Tax Department) filed a series of appeals
(ITA Nos. 778/2008, 779/2008, 780/2008, 814/2008, & 816/2008) against a
common order passed by the Income Tax Appellate Tribunal (ITAT)...
Commissioner of Income Tax vs. M/s Balaji Wire Pvt. Ltd.: Validity of Block Assessment under Section 158BC in the Absence of Incriminating Material Seized During Search
Facts
of the Case·
A search and seizure operation under
Section 132(1) of the Income Tax Act, 1961, was conducted on September 11/12,
2001, across various residential ...
Director of Income Tax, New Delhi vs. Sheraton International Inc. — Legal Interpretation of Section 9(1)(vi) and Section 9(1)(vii) of Income Tax Act, 1961 vs Article 7 and Article 12 of Indo-US DTAA on Taxability of Integrated Hotel Reservation & Marketing Services as Business Profits vs Royalty or Fees for Technical Services (FTS)
Facts
of the CaseThe Respondent-Assessee, M/s Sheraton
International Inc., a US-based entity, entered into integrated hospitality
service agreements with various Indian hotels (including ITC Hotels Ltd). Under these a...
Ranbaxy Laboratories Ltd. v. The Commissioner of Income Tax: Availability of Section 80IA Deduction on Duty Drawback and Profit on Sale of REP Licences
Facts of the Case
The
Appellant, Ranbaxy Laboratories Ltd., filed an appeal against the
order of the Income Tax Appellate Tribunal (ITAT).
The
dispute arose regarding the eligibility of fiscal ince...
The Commissioner of Income Tax, Delhi-I vs. M/s Bansal Strips (P) Ltd. | Appeal Under Section 260A of the Income Tax Act, 1961 Regarding Identical Substantial Questions of Law and Consolidation with Lead Case Law (ITA No. 1117 of 2006)
Facts
of the CaseThe Appellant, Revenue (Commissioner of
Income Tax, Delhi-I), filed an appeal under Section 260A of the Income Tax Act,
1961, challenging the order passed by the Income Tax Appellate Tribunal (ITAT).
...