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Commissioner of Income Tax, Central-III vs. M/s Radico Khaitan Ltd. | Delhi High Court on Scope of Judicial Review over Settlement Commission Orders under Sections 245C, 245D & 132 of the Income Tax Act, 1961
Facts of the
CaseRadico Khaitan Ltd., engaged in the manufacture and
sale of Indian Made Foreign Liquor (IMFL), was subjected to search and seizure
proceedings under Section 132 of the Income Tax Act. Simultaneo...
Principal Commissioner of Income Tax (Central)-1 vs Vijay Kumar Kataria | Delhi High Court | ITA Nos. 462/2017, 463/2017, 464/2017 & 465/2017 | Assessment Years 2004-05, 2005-06, 2006-07 & 2007-08 | Revenue Appeals Dismissed Following Earlier Precedent
Facts of the CaseThe Revenue preferred four connected appeals before the Delhi
High Court against a common order dated 6 December 2016 relating to Assessment
Years 2004-05, 2005-06, 2006-07, and 2007-08. The Cour...
Commissioner of Income Tax, Delhi vs. M/s Bhushan Steels and Strips Ltd. & M/s Vardhman Industries Ltd. Commissioner of Income Tax, Delhi vs. M/s Bhushan Steels and Strips Ltd. & M/s Vardhman Industries Ltd. – Delhi High Court on Taxability of Sales Tax Exemption Subsidy as Capital Receipt under Section 43B of the Income Tax Act
Facts of the
CaseThe assessees, namely Bhushan Steels and Strips
Ltd. and Vardhman Industries Ltd., had established industrial units
in notified backward areas of Uttar Pradesh and claimed sales tax exemption
under t...
Commissioner of Income Tax vs I.T.C. Limited | Delhi High Court on TDS Liability under Section 194-I on Royalty Paid to AAI for Airport Lounge Operations | Section 201(1A), 271C & 273B Income Tax Act
Facts of the CaseThe assessee, ITC Limited, was awarded a contract
by Airports Authority of India (AAI) to operate an Executive Lounge at Indira
Gandhi International Airport after a competitive bidding process. Under t...
Principal Commissioner of Income Tax (Central)-1 vs Sahara India Financial Corporation Ltd. | Delhi High Court | Section 260A Income Tax Act | Revenue Appeals Dismissed Following Earlier Binding Precedents
Facts of the CaseThe Revenue, through the Principal Commissioner of Income
Tax (Central)-1, preferred multiple appeals before the Delhi High Court against
the common order of the Income Tax Appellate Tribunal dated 13 ...
Commissioner of Income Tax vs I.T.C. Limited (Delhi High Court) – Whether Royalty Paid for Airport Executive Lounge Operation Constitutes ‘Rent’ Liable for TDS under Section 194-I of the Income Tax Act, 1961 and Penalty under Section 271C
Facts of the CaseThe Revenue filed multiple appeals under Section
260A of the Income Tax Act against the order of the Income Tax Appellate
Tribunal involving both quantum and penalty proceedings.The respondent assessee...
Principal Commissioner of Income Tax (Central)-1 vs Vijay Kumar Kataria (Delhi High Court) – Revenue Appeals Dismissed Following Earlier Binding Decision for AYs 2004-05, 2005-06, 2006-07 & 2007-08
Facts of the CaseThe Revenue preferred a batch of connected appeals before the
Delhi High Court challenging the common order dated 6 December 2016 relating to
Assessment Years 2004-05, 2005-06, 2006-07 and 2007-08. The...
Commissioner of Income Tax, Delhi vs. M/s Bhushan Steels & Strips Ltd. & M/s Vardhman Industries Ltd.
Facts of the
CaseThe assessees, M/s Bhushan Steels & Strips
Ltd. and M/s Vardhman Industries Ltd., established/expanded
industrial units in notified backward areas of Uttar Pradesh and claimed
benefits unde...
Principal Commissioner of Income Tax (Central)-1 vs Sahara India Financial Corporation Ltd. | Delhi High Court | Section 260A Income-tax Act | Revenue Appeal Dismissed Following Earlier Binding Precedents
Facts of the CaseThe present batch of appeals was filed by the Revenue before
the Delhi High Court under Section 260A of the Income-tax Act, 1961,
challenging the common order dated 13 December 2016 passed by the Incom...
Commissioner of Income Tax vs ITC Limited (Delhi High Court) – Royalty Paid to Airports Authority of India Held as ‘Rent’ Liable for TDS under Section 194-I | Penalty under Section 271C Deleted on Bona Fide Belief
Facts of the CaseITC Limited was awarded a contract by Airports
Authority of India (AAI) for operating an Executive Lounge at Indira Gandhi
International Airport after a bidding process. Under the License Agreement, IT...