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Consulting Engineering Services (India) Pvt. Ltd vs Commissioner of Income Tax (Appeals)-VI & Ors - Delhi High Court 2013
Facts of the
CaseThe petitioner challenged the impugned order dated
20.09.2013 passed by the Commissioner of Income Tax (Appeals)-VI regarding stay
of recovery in income tax proceedings. The petitioner argued that the...
Krishak Bharati Cooperative Ltd. vs. Joint Commissioner of Income Tax: Scope of "Profits Derived From" Under Section 80-I
Facts of the Case·
The appeal was filed by the assessee,
Krishak Bharati Cooperative Ltd., before the High Court of Delhi and relates to
the Assessment Year 1995-96. ·...
M/S Aayush Pulse Products (P) Ltd & Banshidhar Suppliers Pvt. Ltd vs. Income Tax Settlement Commission - Section 147/148, Income Tax Act, 1961 | Delhi High Court
Facts of the
CaseThe petitioners challenged the decision of the
Income Tax Settlement Commission regarding pending assessment proceedings for
assessment years 2006-07 to 2009-10. They argued that notices under Section...
Unison Hotels Ltd. vs. Deputy Commissioner of Income Tax: Deletion of Penalty Under Section 271(1)(c) in MAT Assessments
Facts of the Case·
The assessee (Unison Hotels Ltd.) filed
its income tax return for the Assessment Year 2005-06, declaring a loss of Rs.
12.28 crores under the normal ...
COMMISSIONER OF INCOME TAX DELHI-VI VS. TYAGI ANAND & CO. PVT LTD.: Delhi High Court Ruling on Projected Cost of Construction and Section 69B Additions
Facts of the Case·
The respondent-assessee filed a return
for the assessment year 2005-06, which resulted in an assessment order under
Section 143(3) dated 13th Decembe...
Commissioner of Income Tax vs. M/s Express Securities Pvt Ltd | Exemption under Section 10(38) and Conversion of Stock-in-Trade to Investment
Facts
of the Case·
The respondent-assessee, M/s Express
Securities Pvt Ltd., is a registered stock broker dealing in shares on the
Bombay, Delhi, and Calcutta Stock Ex...
All India Management Association vs Director General of Income Tax (Exemptions) – Section 10(23C)(vi), Income Tax Act, Educational Institution Exemption
Facts of the
Case:The All India Management Association (AIMA),
a society registered under the Societies Registration Act, 1860, sought tax
exemption under Section 10(23C)(vi) of the Income Tax Act, 1961. The petitione...
Moongipa Securities Limited vs. Assistant Commissioner of Income Tax & Wealth Tax - Recovery of Predecessor’s Tax and Penalty Liabilities under IT Act, 1961 and WT Act, 1957
Case Facts:Moongipa Securities Limited (Petitioner) challenged
the recovery notices, communications, and penalty orders issued by the
Assistant Commissioner of Income Tax & Wealth Tax (Respondent) for dues
payable...
Commissioner of Income Tax Delhi-VIII vs Ashok Mittal: Classification of Investment Management Fees under Income Tax Act, 1961 – Business Income vs Income from Other Sources
Facts of the
Case
The respondent, Ashok Mittal, operated six sole proprietorship
businesses, primarily conducting share dealings, investment management,
and loan finance under M/s Ashok Mittal & Co.
...
Commissioner of Income Tax vs HCL Employees & Investment Co. Ltd. & Associated Techno Plastics Pvt. Ltd. (2013) DHC 6002 (DB) – Applicability of Section 69B, Income Tax Act 1961 on Share Transactions
Facts of the
Case
HEICL acted as a trustee to sell 12,70,000 shares
of HCL Ltd., originally held by promoters of Microcomp Ltd., to employees
and others. The sale was made at varying rates below market pri...