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 (Central)-III vs SVP Industries Ltd. – Addition to Closing Stock on Account of Excise Duty under Section 145A of the Income Tax Act, 1961 | Delhi High Court
Facts of the CaseThe respondent-assessee, SVP Industries Ltd., was engaged in
the manufacture and sale of alcohol and vanaspati and also earned rental and
interest income. During assessment proceedings for AY 2004-05, ...
M/s Lea International Limited vs Assistant Director of Income Tax | Delhi High Court | Penalty u/s 271(1)(c) Deleted Due to Bona Fide Claim of Exemption under Section 10(8A) of Income Tax Act
Facts of the Case
The
assessee, a Canadian company, was engaged in engineering consultancy and
project management services.
During
Assessment Year 2005-06, the assessee received consultancy income ...
Commissioner of Income Tax-II, New Delhi vs M/s ML Outsourcing Services Pvt. Ltd. | Section 10A Deduction on IT Enabled Human Resource Services Allowed by Delhi High Court
Facts of the CaseThe assessee, M/s ML Outsourcing Services Pvt. Ltd., filed
its return for Assessment Year 2007-08 declaring nil income and claimed
exemption under Section 10A of the Income Tax Act. The assessee ...
Commissioner of Income Tax vs. Anil Kumar Bansal & Connected Appeals – Section 260A Income Tax Act Case
Facts of the
Case:In these connected appeals, the central issue
revolves around tax assessments made by the Commissioner of Income Tax (CIT)
for the assessment years in question. The appellants (CIT) have filed appeal...
Commissioner of Income Tax vs Monika Saxena & Connected Matters – Delhi High Court on Capital Gains, Accommodation Entries and Burden of Proof under the Income Tax Act, 1961 (2015:DHC:112-DB)
Facts of the CaseMultiple assessees had declared capital gains arising from
transactions in shares and securities. During assessment proceedings, the
Income Tax Department alleged that such transactions were not genuin...
Commissioner of Income Tax vs Gauri Shankar Aggarwal & Connected Assessees (Delhi High Court) – Addition under Section 68, Accommodation Entries & Burden of Proof | ITA Nos. 669/2009 to 1326/2010
Facts of the CaseThe Revenue preferred multiple appeals against different
assessees alleging that the amounts received by them constituted unexplained
cash credits and accommodation entries liable to be added under Sec...
Commissioner of Income Tax vs. Anil Kumar Bansal: Validity of Delayed Notice Under Section 158BD
Facts of the Case:·
The matter involves a batch of
appeals filed by the Commissioner of Income Tax against various respondents,
including Anil Kumar Bansal (ITA 670/200...
COMMISSIONER OF INCOME TAX VS BHARAT BHUSHAN JAIN & ORS. | Section 158BD of the Income Tax Act | Delhi High Court
Facts of the Case·
The present matter involves a batch
of connected Income Tax Appeals (including ITA Nos. 648/2009, 669/2009,
670/2009, 711/2009, 1318/2009, among othe...
Commissioner of Income Tax vs. Sanjay Rai Chowdhary & Ors. | Validity of Satisfaction Note under Section 158BD of Income Tax Act
Facts of the Case·
In the present batch of appeals, the
respondents/assessees were third parties who were issued notices under Section
158BD of the Income Tax Act, 1961...
Commissioner of Income Tax vs. Anil Kumar Bansal & Others Section 260A of the Income Tax Act, 1961 (Appeals to High Court)
Facts of the CaseThe Revenue filed a series of appeals (ITA Nos.
669/2009 and others) against various respondents, including Anil Kumar Bansal,
Sadhu Ram Aggarwal, and Monika Saxena. The matters originated from proceed...