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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...
Commissioner of Income Tax (Central)-III vs. M/s Anant Overseas Pvt. Ltd. – Deletion of Penalty u/s 271(1)(c) on Share Transactions Treated as Capital Gains | Delhi High Court
Facts of the CaseThe respondent-assessee was engaged in investment and trading
activities relating to shares and securities. During Assessment Year 2001-02,
the assessee disclosed income of Rs.10,65,750/- and also disc...
Commissioner of Income Tax-IV vs Holcim India Pvt. Ltd. | Section 14A Disallowance Not Applicable Where No Exempt Income Earned | Delhi High Court
Facts of the Case
The respondent-assessee, Holcim India Pvt. Ltd., was
incorporated as a holding company for making downstream investments in cement
manufacturing companies in India. The company had acquired s...
Commissioner of Income Tax Delhi XVII vs M/s Babcock Power (Overseas Projects) Ltd. | Section 192 & Section 201(1A) TDS Interest on Foreign Employees Salary | Delhi High Court
Facts of the CaseThe respondent assessee, M/s Babcock Power (Overseas Projects)
Ltd., a non-resident company incorporated in the United Kingdom, had
established a project office in India during Assessment Years 1987-88...
Commissioner of Income Tax, Delhi vs. Subhash Chand Rastogi | Section 80HHC Deduction on Export of Zinc Oxide Through Nepal to Hong Kong – Whether Zinc Oxide is a Mineral under Income Tax Act
Facts of the CaseThe respondent-assessee filed return of income for Assessment
Year 1991-92 declaring taxable income after claiming deduction of Rs.
45,51,898/- under Section 80HHC on export of Zinc Oxide.The Assessing...
"Commissioner of Income Tax -X vs. Smt. Achila Sabharwal | ITA 501/2014 | Delhi High Court Ruling on Depreciation Claim for Cinematographic Films and Distribution Rights under Section 32 & Rule 9B"
Facts of the Case:The appeal involves the Commissioner of Income Tax challenging
the Income Tax Appellate Tribunal’s decision in favor of Smt. Achila Sabharwal,
the respondent, concerning the assessment for the year ...