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Pr. Commissioner of Income Tax-10 vs Continental Foundation Joint Venture | Delhi High Court on Deductibility of Bank Guarantee Commission from FDR Interest and Section 80HHBA Deduction
Facts of the CaseThe Revenue preferred appeals against the common order of the
Income Tax Appellate Tribunal (ITAT) concerning Assessment Years 2002-03 and
2003-04. The dispute primarily centered around the treatment o...
Oriental Insurance Company Ltd. vs Deputy Commissioner of Income Tax (Delhi High Court) – Scope of Proviso to Section 220(1) of Income Tax Act, 1961 for Curtailment of Statutory 30 Days’ Demand Period in Penalty Proceedings under Section 271(1)(c)
Facts of the
CaseThe Petitioner, Oriental Insurance Company Ltd.,
challenged an impugned notice dated 15.03.2017 issued by the Revenue whereby
the statutory period of 30 days for payment of tax demand under Sect...
Pr. Commissioner of Income Tax-08 vs Staunch Marketing Pvt. Ltd. | Mandatory Notice under Section 143(2) in Reassessment Proceedings under Sections 148/144 of Income Tax Act, 1961 | Delhi High Court
Facts of the CaseThe Revenue filed an appeal under Section 260A challenging the
Income Tax Appellate Tribunal’s order relating to Assessment Year 2003-04. The
Assessing Officer had initiated reassessment proceedings ...
Principal Commissioner of Income Tax, Delhi-2 vs Copal Research India Pvt. Ltd. | Delhi High Court on Transfer Pricing Comparables and ALP Determination under Section 260A of the Income Tax Act
Facts of the Case
The assessee, Copal Research India Pvt. Ltd., was subjected to
transfer pricing assessment in relation to its international transactions.
During assessment proceedings, the Transfer Pricing O...
Preeti N. Aggarwala & Ors. vs Chief Commissioner of Income Tax & Anr. – Interest on Refund of Waived Interest under Section 244A(1)(b) of the Income Tax Act, 1961 | Delhi High Court
Facts of the CaseThe petitioners had been notified under the Special Courts
(Trial of Offences Relating to Transactions in Securities) Act, 1992, resulting
in attachment of their assets. Due to consequential income-tax...
Preeti N. Aggarwala vs Chief Commissioner of Income Tax | Delhi High Court on Interest Payable on Refund Arising from Waiver of Interest u/s 220(2A) read with Section 244A(1)(b) of Income Tax Act
Facts of the CaseThe petitioners, namely Preeti N. Aggarwala, Naresh Kumar
Aggarwal, and Brisk Capital Market Services Ltd., were subjected to income tax
assessments for various assessment years. Their assets had earli...
Principal Commissioner of Income Tax, Delhi-2 vs Copal Research India Pvt. Ltd. | Delhi High Court on Transfer Pricing Comparables and Remand to TPO under Section 260A of the Income Tax Act, 1961
Facts of the
CaseThe Revenue preferred appeals against the order of
the Income Tax Appellate Tribunal (ITAT), wherein the Tribunal questioned the
inclusion of six comparables adopted by the Transfer Pricing Officer fo...
Preeti N. Aggarwala & Ors. Vs. Chief Commissioner of Income Tax & Anr. | Interest on Refund of Waived Interest under Section 244A(1)(b) of the Income Tax Act, 1961 | Delhi High Court
Facts of the CaseThe petitioners were notified under the Special Courts
(Trial of Offences Relating to Transactions in Securities) Act, 1992,
resulting in attachment of their assets. Consequent tax assessments led to
...
CIT-7 Vs Odeon Builders Pvt. Ltd. | Principal Commissioner of Income Tax Vs Gulbarga Associates (P) Ltd. – Interpretation of Section 260A of the Income Tax Act on Limitation for Filing Appeal Against ITAT Orders | Delhi High Court
Facts of the
CaseThe present batch of appeals arose from orders
passed by the Income Tax Appellate Tribunal (ITAT), wherein the Revenue filed
appeals before the Delhi High Court under Section 260A of the Income Tax Ac...
Principal Commissioner of Income Tax, Delhi–2 vs CPA Global Services Private Limited | Delhi High Court on Transfer Pricing Adjustment and Exclusion of Reimbursement Costs from Operating Cost under Section 260A read with Sections 92C & 92CA of the Income-tax Act, 1961
Facts of the CaseCPA Global Services Private Limited, a wholly-owned subsidiary
of CPA Mauritius Ltd., was engaged in providing legal support services to its
Associated Enterprises and independent third-party customers...