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 vs. Montage Enterprises Pvt. Ltd. (Delhi High Court, 2018) – Section 80-IB Deduction, Royalty Allocation & Reassessment under Section 153A
Facts of the CaseThe respondent-assessee, engaged in manufacturing flexible
packaging materials, operated three units located at Jammu, Malanpur, and
Noida. The Jammu unit was eligible for deduction under S...
Karan Luthra vs Income Tax Officer (ITO) | Delhi High Court | Section 276CC Income Tax Act – Prosecution for Non-Filing of Returns Upheld
Facts of the CaseThe petitioner (assessee) failed to file income tax returns
for Assessment Years 2003–04, 2004–05, and 2005–06 within the prescribed time
under Section 139(1) of the Income Tax Act. Despite issua...
Commissioner of Income Tax (Exemption) vs. Society for Indian Automobile Manufacturers (2018) – Delhi High Court | Section 260A, 12A, 80G Income Tax Act
Facts of the CaseThe present appeal was filed by the Revenue under Section
260A of the Income Tax Act, 1961 against the order of the Income Tax Appellate
Tribunal for Assessment Year 2011–12.The assessee, Society for...
Principal Commissioner of Income Tax-7 vs Rambagh Palace Hotels Pvt. Ltd. (2018) – Section 37(1) Disallowance of Repair & Maintenance Expenses
Facts of the Case
The
assessee, Rambagh Palace Hotels Pvt. Ltd., claimed substantial repair
and maintenance expenses for AY 2005–06.
The
Assessing Officer (AO):
Allowed
₹4.0...
R. Commissioner of Income Tax–6 vs Mary Kay Cosmetics Pvt. Ltd. (2018) – Delhi High Court | Section 37(1) & Transfer Pricing | Bright Line Method Rejected
Facts of the Case
The
respondent-assessee, Mary Kay Cosmetics Pvt. Ltd., was a wholly owned
subsidiary of a US-based entity engaged as an exclusive distributor of
products in India.
The
...
Commissioner of Income Tax vs M/s Ansal Properties and Industries Ltd. (Delhi High Court) – Taxability of Security Deposit as Undisclosed Income under Sections 158B(b), 158BA & 260A of the Income Tax Act, 1961
Facts of the CaseThe case arose from a search and seizure operation under
Section 132 conducted on the Ansal Group. During the search, a confidential
note was seized indicating that a transaction involving ₹42 ...
Pr. Commissioner of Income Tax (Central)-3 vs Surya Buildwell Pvt. Ltd. | Section 260A Income Tax Act | Delhi High Court | CBDT Circular No. 3/2018 | Revenue Appeal Dismissed on Low Tax Effect
Facts of the CaseThe Revenue preferred multiple income tax appeals before the
Delhi High Court against a consolidated order involving Surya Buildwell Pvt.
Ltd. The appeals were filed under Section 260A of the Income Ta...
Sigma Freudenberg NOK Pvt. Ltd. vs Commissioner of Income Tax Delhi & Anr. (Delhi High Court) – Restoration of Appeal & Right to Challenge Royalty Attribution, (Section 260A (Appeal to High Court))
Facts of the CaseThe appellant-assessee had filed appeals before the Delhi High
Court for Assessment Years 2003-04, 2004-05, and 2005-06. During the hearing,
the assessee chose not to press the appeals on account of sm...
Oscar Fernandes & Rahul Gandhi vs Assistant Commissioner of Income Tax & Principal Commissioner of Income Tax (Delhi High Court, 2018) – Writ Petitions Challenging Income Tax Proceedings Dismissed
FACTS OF THE CASE
The
petitioners approached the Delhi High Court by way of writ petitions under
Article 226.
The
petitions were filed against actions of the Income Tax Department.
Multiple
...
Sigma Freudenberg NOK Pvt. Ltd. vs Commissioner of Income Tax & Anr. | Delhi High Court | Restoration of Appeal & Royalty Attribution Issue, (Income tax act,1961)
Facts of the CaseThe assessee, Sigma Freudenberg NOK Pvt. Ltd., had filed
multiple appeals before the Delhi High Court for Assessment Years 2003-04,
2004-05, and 2005-06. During the hearing, the assessee chose not to p...