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Commissioner of Income Tax vs Jai Pal Aggarwal | Delhi High Court | Addition on Benami Property, Dumb Documents, Fixed Deposits and Undisclosed Investments under Sections 132, 158BC & 260A of Income Tax Act
Facts of the
CaseA search operation under Section 132 of the Income
Tax Act was conducted at the residence of the assessee on 20.03.1996, and bank
lockers were also searched subsequently. Cash, jewellery and several d...
Consulting Engineering Services (India) Pvt. Ltd. vs. Deputy Commissioner of Income Tax: Quashing of Invalid Reassessment u/s 148 Beyond 4 Years
Facts of the Case·
The assessee filed its return of income
for the Assessment Year (A.Y.) 2007-08 on 17.02.2009, declaring a total income
of Rs. 12,26,51,602/-. · ...
Commissioner of Income Tax v. Regency Creations Ltd. & Valiant Communications Ltd. – Eligibility of Section 10B Deduction for Software Technology Park (STPI) Units Without Board Approval under Section 14 of the IDR Act | Delhi High Court
Facts of the
Case
Regency Creations Ltd. was engaged in export activities relating to
artware handicrafts, home furnishing products and software exports through
its software division known as Maxtech iSolu...
Commissioner of Income Tax (Central)-III vs Superior Industries Ltd. | Delhi High Court on Validity of Penalty Notice under Section 271(1)(c) of Income Tax Act
Facts of the
Case·
Multiple
appeals were filed by the Commissioner of Income Tax against various assessees
including Superior Industries Ltd., Mohan Meakins Ltd., Nati...
The Commissioner of Income Tax v. Regency Creations Ltd. & Valiant Communications Ltd. – Delhi High Court Clarifies Disposal of Connected Income Tax Appeals Following Earlier Binding Judgment
Facts of the
Case
The Commissioner of Income Tax filed multiple appeals before the
Delhi High Court against Regency Creations Ltd. and Valiant Communications
Ltd.
The appeals involved questions substant...
Commissioner of Income Tax vs. Mohan Meakins Ltd. & Others: Admissibility of Business Expenses and Income Tax Assessment Income Tax Act, 1961
Facts of the CaseThe present matter involves a batch of Income Tax Appeals
(ITAs) filed by the Revenue (Commissioner of Income Tax) against various
corporate entities, including Mohan Meakins Limited, National Industri...
Vodafone South Limited vs. Commissioner of Income Tax: Allowance of Interest Expense Under Section 57(iii) of the Income Tax Act
Facts of the Case·
The assessee, Vodafone South Limited,
was engaged in providing cellular services and commenced its business
operations in June 2002. · &n...
Commissioner of Income Tax, Delhi-IV vs M/s DLF Ltd. | Delhi High Court | Interpretation of Income Tax Provisions and Revenue Appeal Principles
Facts of the
Case
The Revenue preferred an appeal before the Delhi High Court against
M/s DLF Ltd.
The dispute arose out of issues concerning income tax assessment
and related legal findings.
The Court...
Commissioner of Income Tax (Central) vs Mohan Meakins Ltd. – Section 80-IB Deduction on Industrial Undertaking | Delhi High Court
Facts of the CaseThe Revenue preferred multiple
appeals before the Delhi High Court against various assessees including Mohan
Meakins Ltd., National Industries Corporation Ltd., Superior Industries Ltd.,
DCM Shriram I...
CIT Delhi-IV vs M/s DLF Ltd. (2012:DHC:5777-DB) – Whether Section 263 Can Be Invoked for Section 14A Disallowance Without Unsustainable Error
Facts of the CaseThe assessee, M/s DLF Ltd., engaged in real estate
and development activities, filed its return for Assessment Year 2002-03
declaring income of approximately Rs. 11.44 crores. During assessment
procee...