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PR. Commissioner of Income Tax vs Brahm Dev Gupta (2018) – Delhi High Court | Appeal Allowed | Reference to ITA 907/2017
Facts of the CaseThe present appeal was filed by the Principal Commissioner
of Income Tax before the Delhi High Court against the respondent, Brahm Dev
Gupta. The matter arose from proceedings under the Income Tax Act,...
PR. Commissioner of Income Tax-II vs Shri Braham Dev Gupta (2018) – Scope of Section 263 Revision for Lack of Inquiry by AO | Delhi High Court
Facts of the CaseThe assessee, Shri Braham Dev Gupta, was subjected to a
survey under Section 133A wherein he surrendered additional income of
approximately ₹18.25 crores due to excess stock. The returns for AY 2011-...
Shiv Sai Infrastructure Pvt. Ltd. vs Deputy Commissioner of Income Tax & Anr. (Delhi High Court) – Reassessment Notices Quashed for Lack of Specific “Reasons to Believe” under Sections 147/148 of Income Tax Act
Facts of the CaseThe petitioner challenged reassessment notices issued for
Assessment Years 2008-09 and 2009-10. The notices were based on information
received from the Investigation Wing alleging that the assessee had...
Shiv Sai Infrastructure Pvt. Ltd. vs Deputy Commissioner of Income Tax & Anr. (Delhi High Court) – Reassessment u/s 147/148 Quashed Due to Vague Reasons to Believe
Facts of the CaseThe petitioner, Shiv Sai Infrastructure Pvt. Ltd.,
challenged reassessment notices issued for Assessment Years 2008–09 and
2009–10. The Assessing Officer reopened the assessment on the basis of
in...
M/s Sony India Pvt. Ltd. vs Commissioner of Income Tax-II & Ors. (Delhi High Court, 2018) – Transfer Pricing on AMP Expenses & Depreciation on Computer Peripherals u/s 32
Facts of the CaseThe present matter involves cross appeals filed by M/s Sony
India Pvt. Ltd. (assessee) and the Revenue before the Delhi High Court
concerning Assessment Years 2007–08 and 2008–09. The dispute arise...
M/s Sony India Pvt. Ltd. vs Commissioner of Income Tax & Ors. (Delhi High Court) – Advertisement Expenses, Transfer Pricing & Depreciation on UPS
Facts of the CaseThis case involves cross appeals filed by M/s Sony
India Pvt. Ltd. (assessee) and the Income Tax Department (Revenue)
concerning Assessment Years 2007–08 and 2008–09. The appeals arose from
the or...
M/s Sony India Pvt. Ltd. vs Commissioner of Income Tax & Ors. | Delhi High Court | ITA 508/2013, 509/2013, 148/2014 & 149/2014 | Section 32 & Transfer Pricing (AMP Expenses)
Facts of the CaseThe present matter involves cross appeals filed by M/s
Sony India Pvt. Ltd. (Assessee) and the Revenue (Commissioner of Income
Tax) before the Delhi High Court concerning Assessment Years 2007–08 and...
Alpasso Industries Pvt. Ltd. vs Income Tax Officer Ward-1(3) – Disallowance of Commission Expenditure u/s 37 & Scope of Section 260A (Delhi High Court)
Facts of the CaseThe present appeal was filed under Section 260A of the
Income Tax Act, 1961 by the assessee, Alpasso Industries Pvt. Ltd., against the
order of the Income Tax Appellate Tribunal concerning Assessment Y...
Commissioner of Income Tax vs. Sinochem India Co. Pvt. Ltd. (2018) – Depreciation on Intellectual Property Rights Allowed under Section 32
Facts of the CaseThe respondent-assessee, Sinochem India Co. Pvt. Ltd., had
acquired intellectual property rights (IPRs) from Monsanto India Limited,
including trademarks, business information, and related commer...
Commissioner of Income Tax (Exemption) vs Lahore Hospital Society & Pr. Commissioner of Income Tax (Central-3) vs Hazoorilal & Sons Jewellers Pvt. Ltd. | Delhi High Court | CBDT Circular No. 3/2018 | Low Tax Effect Appeals Dismissed
Facts of the CaseThe Revenue filed two separate appeals before the Delhi High
Court under the Income Tax Act. During the hearing, the learned counsel for the
Revenue submitted that the tax effect involved in both appea...