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
PR. Commissioner of Income Tax Delhi-8 vs M/s Sistema Shyam Teleservices Ltd. | Section 260A Income Tax Act | Taxability of Prepaid Cards & Allowability of Penal Interest
Facts of the
CaseThe present appeals were filed by the Revenue under
Section 260A of the Income Tax Act against the respondent assessee, M/s Sistema
Shyam Teleservices Ltd., concerning multiple assessment years.The pr...
Deepak Chhabra vs Income Tax Officer Ward 10(5) – Appeal Dismissed for Non-Prosecution by Delhi High Court (ITA 1762/2006 & ITA 725/2007)
Facts of the
CaseThe present matter pertains to two connected income
tax appeals filed by the appellant, Deepak Chhabra, before the High
Court of Delhi against the respondent, Income Tax Officer, Ward 10(5).On the dat...
PR. Commissioner of Income Tax (Central)-2 vs M/s Meroform India Pvt. Ltd. (2019) – No Addition under Section 153A Without Incriminating Material | Delhi High Court
Facts of the CaseThe Revenue filed multiple appeals against a common order
passed by the Income Tax Appellate Tribunal (ITAT) concerning several
assessment years. A search and seizure operation was conducted at the
as...
PR. Commissioner of Income Tax (Central)-2 vs M/s Meroform India Pvt. Ltd. – No Addition under Section 153A in Absence of Incriminating Material | Delhi High Court
Facts of the CaseThe present case involves multiple appeals filed by the
Revenue against a common order of the Income Tax Appellate Tribunal (ITAT)
concerning Assessment Years 2006-07 to 2011-12. A search and seizure o...
PR. Commissioner of Income Tax-6, Delhi vs NT Back Office Services Pvt. Ltd. (Delhi High Court) – Section 144C Mandatory Procedure | Assessment Order Invalid for Non-Compliance
Facts of the
Case
The assessee, NT Back Office Services Pvt. Ltd. (formerly Globerian
India Pvt. Ltd.), was subject to assessment for AY 2007–08.
The Income Tax Appellate Tribunal (ITAT) annulled the
...
Principal Commissioner of Income Tax-9 vs M/s Vodafone Essar Gujarat Limited (Delhi High Court, 2019) – Section 80IA Deduction & Netting of Interest Income
Facts of the CaseThe Respondent/Assessee, a telecommunications company, claimed
deduction under Section 80-IA of the Income Tax Act, 1961 in respect of
interest income earned.
The
assessee borrowed funds ...
PR. Commissioner of Income Tax (Central)-2 vs M/s Meroform India Pvt. Ltd. – No Addition under Section 153A in Absence of Incriminating Material | Delhi High Court
Facts of the CaseThe present case involves multiple appeals filed by the
Revenue against a common order of the Income Tax Appellate Tribunal (ITAT)
concerning Assessment Years 2006-07 to 2011-12. A search and seizure o...
M/s Mathur Marketing Pvt. Ltd. vs Commissioner of Income Tax Delhi & Anr. (Delhi High Court) – Section 260A, Rule 46A & Bogus Transactions Assessment
Facts of the
CaseThe assessee, M/s Mathur Marketing Pvt. Ltd., was
engaged in trading rice through a commission agent, M/s Ramkishan Dass Narender
Prakash. The Assessing Officer (AO), after conducting inquiries under ...
PR. Commissioner of Income Tax, Delhi-2 vs Blue Scope Steel India Pvt. Ltd. (2019) – Delhi High Court | Transfer Pricing | Section 92CA & 260A | Expat Salary Reimbursement Not NIL
Facts of the CaseThe assessee, a subsidiary of an Australian entity, was
engaged in rendering business support services. Due to its inability to fully
perform assigned functions, a joint venture (JV) was created ...
Pr. Commissioner of Income Tax-3 vs DU Securities Pvt. Ltd. (Delhi High Court) – Commission on Accommodation Entries Restricted to 0.5% – No Substantial Question of Law – Sections 260A & Income Tax Principles
Facts of the CaseThe present matter pertains to multiple appeals filed by the
Revenue against a common order passed by the Income Tax Appellate Tribunal
(ITAT) concerning Assessment Years 2005–06, 2006–07, 2007–0...