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-XVI vs Lestner Garnett & Vijay Gopal Jindal | High Court of Delhi | Section 234B & C | ITA 337/2007, 338/2007, 131/2009
Facts of the
Case:The Commissioner of Income Tax-XVI (Appellant)
filed appeals against Mr. Lestner Garnett and Mr. Vijay Gopal Jindal
(Respondents) concerning the levy of interest under Sections 234B and 234C of
the ...
Commissioner of Income Tax vs Kamdhenu Steel & Alloys Ltd. – Analysis under Section 68 of the Income Tax Act, 1961 on Unexplained Share Application Money
Facts of the
Case:The Delhi High Court heard multiple appeals
concerning the additions made by the Assessing Officer (AO) under Section 68
of the Income Tax Act, 1961, on account of unexplained share application
mone...
Commissioner of Income Tax vs. Kamdhenu Steel & Alloys Ltd. & Connected Matters – Addition under Section 68 on Share Application Money Deleted where Identity, Genuineness and Creditworthiness Established | Delhi High Court
Facts of the
CaseThe assessees had received share application money
from various corporate entities through banking channels. During assessment
proceedings, the assessees furnished details including names and addresse...
Director of Income Tax vs. M/s Ericsson Radio System A.B. — Taxability of Offshore Telecom Supplies and Embedded Software as Sale of Goods vs. Royalty under Sections 9(1)(i) and 9(1)(vi) of the Income-Tax Act, 1961
Facts of the CaseThe assessee, M/s. Ericsson Radio Systems A.B. (Sweden), is a
non-resident tax entity that entered into supply, installation, and overall
contracts with multiple Indian cellular operators to execute tu...
Director of Income Tax vs. M/s Ericsson Radio System A.B. — Taxability of Offshore Telecom Supplies and Embedded Software as Sale of Goods vs. Royalty under Sections 9(1)(i) and 9(1)(vi) of the Income-Tax Act, 1961
Facts of the CaseThe assessee, M/s. Ericsson Radio Systems A.B. (Sweden), is a
non-resident tax entity that entered into supply, installation, and overall
contracts with multiple Indian cellular operators to execute tu...
CIT vs. Shri Vardhman Overseas Ltd. – Delhi High Court Judgement on Taxability of Old Unconfirmed Sundry Creditors Under Section 41(1) and Section 28(iv) of the Income Tax Act
Facts of the Case
The
respondent-assessee was a limited company engaged in manufacturing rice
from paddy and selling rice in the local market.
During
the assessment proceedings for the Assessment Y...
Commissioner of Income Tax-II vs. Kamdhenu Steel & Alloys Ltd. & Ors. (Delhi High Court) | Section 68 Unexplained Share Application Money
Facts of the CaseThe Revenue preferred a batch of appeals before the Delhi High
Court against orders passed by the Income Tax Appellate Tribunal (ITAT) which
had deleted substantial additions made by Assessing Officers...
Director of Income Tax vs. Ericsson A.B. | Taxability of Off-shore Equipment Supply and Software Licensing Under Section 9(1) of the Income Tax Act & Indo-Sweden DTAA
Facts of the Case
The
Assessee Profile: M/s. Ericsson Radio Systems A.B.
(referred to as Ericsson A.B. or ERA) is a company incorporated in Sweden
and a tax resident of Sweden. It is a 100% subsidiary...
Commissioner of Income Tax-XVI vs. Mr. Robert Michael Arthey & Ors. (Consolidated with Mr. Lestner Garnett and Mr. Vijay Gopal Jindal)
Facts of the CaseThe Revenue (Commissioner of Income Tax-XVI) filed a batch of
four cross-appeals—namely ITA No. 459/2008, ITA No. 337/2007, ITA No. 338/2007,
and ITA No. 131/2009—before the High Court of Delhi. Th...
CIT vs. Visual Technologies India Pvt. Ltd.: Determining Eligibility and Quantum for Section 80-IC Deductions
Facts of the CaseThe Revenue filed an appeal against the Income Tax Appellate
Tribunal (ITAT) order regarding the assessment year 2006-2007. The assessee,
M/s Visual Technologies India Pvt. Ltd., had claimed a deductio...