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
Commissioner of Income Tax vs M/S K.R.B.L. Limited: Delhi High Court on DEPB Credit & Section 80HHC Deductions
Facts of the CaseThe appeals were filed by the Commissioner of
Income Tax (Appellant) under Section 260A of the Income Tax Act, 1961,
against M/S K.R.B.L. Limited (Respondent) concerning the eligibility for
deduction ...
Commissioner of Income Tax vs M/s K.R.B.L. Limited | ITA No. 207 of 2009 | Delhi High Court
Facts of the
Case:The Commissioner of Income Tax filed an appeal
challenging the assessment and reliefs granted to M/s K.R.B.L. Limited by the
Income Tax Appellate Tribunal. The case involves the interpretation ...
Moser Baer India Limited vs Deputy Commissioner of Income Tax & Ors – Reassessment under Sections 147/148 of Income Tax Act, 1961
Facts of the
Case:
Petitioner Moser Baer India Limited filed income tax return
for AY 2004-05 declaring a loss under normal provisions and book profit
under Section 115JB.
Petitioner had three 100%...
The Institute of Chartered Accountants of India (ICAI) & Anr. vs Director General of Income Tax (Exemptions), Delhi & Ors. – Exemption under Section 10(23C)(iv), Charitable Purpose under Section 2(15), Coaching Activities and Tax Exemption Eligibility
Facts
of the Case
ICAI was constituted under the
Chartered Accountants Act, 1949 as a statutory body for regulating the
profession of Chartered Accountants in India.
ICAI had historically been granted
...
CIT Vs. H.B. Leasing & Finance Ltd.: Claim of Higher Depreciation Under Section 32 of Income Tax Act
Facts of the Case·
The present appeal relates to the
assessment year 1986-87. ·
The assessee is engaged in the business...
Commissioner of Income Tax vs. Maruti Suzuki India Ltd. (ITA Nos. 993/2011 & 1029/2011) – Scope of Income Tax Assessment and Transfer Pricing Interventions
Facts of the CaseThe Commissioner of Income Tax (Appellant) preferred appeals
under the Income Tax Act against Maruti Suzuki India Ltd. (Respondent). The
disputes culminated in Appeals (ITA Nos. 993/2011 and 1029/2011)...
Commissioner of Income Tax vs. Maruti Suzuki India Ltd.: Corporate Tax Assessment and Substantial Questions of Law under Section 260A of the Income Tax Act, 1961
Facts of the CaseThe Income Tax Appeals (ITA Nos. 993/2011 and 1029/2011) were
filed before the High Court of Delhi by the Appellant, the Commissioner of
Income Tax. The proceedings involved substantial questions of la...
Director of Income Tax-II vs OHM Limited | Delhi HC on Applicability of Section 44BB vs 44DA of Income Tax Act, 1961
Facts of the
Case:The petitioner, Director of Income Tax-II,
challenged the applicability of Section 44BB of the Income Tax Act, 1961 to the
respondent, OHM Limited, a UK-based non-resident company engaged in
providi...
M/s Bharti Televentures Ltd. vs. Addl/Jt Commissioner of Income Tax: Capital Expenditure vs. Revenue Deduction Under Sections 37(1) and 36(1)(vii)
Facts of the Case
Core
Business: The appellant/assessee is primarily engaged
in promoting, establishing telecom services, and allied activities,
including mobile and cellular operations.
Lease
...
M/S Bharti Televentures Ltd. vs. Additional/Joint Commissioner of Income Tax: Capitalization of Asset Installation Costs and Disallowance of Inter-Corporate Bad Debt Claims under Section 36(1)(vii)
Facts of the Case
Assessee
Business: The appellant (assessee), M/S Bharti
Televentures Ltd., is primarily engaged in promoting and establishing
telecom services, including mobile and cellular operatio...