Blog Categories
Subscribe to Newsletter
Join our subscribers list to get the latest Tax Updates and Opportunities.
Commissioner of Income Tax (International Taxation)–1 vs GE Engine Service Distribution LLC & Connected Matters | Section 234B Interest on Non-Residents | Delhi High Court
Facts of the CaseThe present batch of appeals was filed by the Revenue before
the Delhi High Court involving multiple assessees, including GE Engine Service
Distribution LLC, GE Engine Services Inc., GE Engine Service ...
Commissioner of Income Tax vs Pawan Kumar Jain (2018) – Penalty under Section 271D & Scope of “Loan” u/s 269SS Explained
Facts of the Case
The
assessee, acting as General Secretary of Jain Sahitya Sadan, received:
₹6,50,000
(03.04.1998)
₹14,97,019
(26.06.1998)
in cash.
The
assessee cl...
Commissioner of Income Tax-III vs M/s Sudev Industries Limited (2018) – Validity of Service of Notice u/s 148 & Applicability of Section 282 & 292B of Income Tax Act
Facts of the Case
The
assessee filed a belated return declaring nil income, which was
treated as non est.
The
Revenue issued a notice under Section 148 for reopening assessment.
Notice
...
Abhishek Jain vs Income Tax Officer, Ward 55(1), New Delhi & Anr. (Delhi High Court, 2018) – Validity of Reassessment Notice under Sections 147, 148 & Jurisdiction under Section 124 of Income Tax Act
Facts of the CaseThe petitioner, an individual assessee, filed his return for
AY 2009–10 in Delhi. Based on Annual Information Return (AIR) data, the
Income Tax Officer (ITO), Noida received information about cash de...
PR. Commissioner of Income Tax–1 (International Taxation) vs General Electric Power Systems Inc. & Connected Matters (Delhi High Court) – Section 234B Interest on Non-Residents
Facts of the Case
The
Revenue filed multiple appeals against various General Electric group
entities and related foreign companies.
The
core dispute across all appeals related to the levy of intere...
Pr. Commissioner of Income Tax-1 (International Taxation) vs General Electric Power Systems Inc & Connected Matters – Section 234B Interest on Non-Residents | Delhi High Court (2018)
Facts of the CaseThe Revenue filed multiple appeals before the Delhi High
Court against various General Electric group entities and related foreign
companies. The central issue across all connected matters was the levy...
Pr. Commissioner of Income Tax (International Taxation) vs General Electric Group Companies | Section 234B Interest Liability on Non-Residents | Delhi High Court (2018)
FACTS OF THE CASEThe Revenue filed multiple appeals against various General
Electric (GE) group entities, including General Electric Power Systems Inc., GE
Engine Services McAllen LP, GE Caledonian Ltd., and others. Th...
Principal Commissioner of Income Tax (International Taxation) vs General Electric Power Systems Inc & Connected Matters (Delhi High Court) – Section 234B Interest on Non-Residents
Facts of the Case
The
Revenue filed multiple appeals against various General Electric group
entities and related foreign companies.
The
dispute pertained to levy of interest under Section 234B of t...
Pr. Commissioner of Income Tax (International Taxation) vs General Electric Power Systems Inc. & Connected Matters – Section 234B Interest on Non-Residents | Delhi High Court (2018:DHC:8726-DB)
FACTS OF THE CASEThe Revenue preferred multiple appeals against various
General Electric group entities and related foreign companies. The central
issue arose from orders of the Income Tax Appellate Tribunal (ITAT), wh...
PR. Commissioner of Income Tax–1 (International Taxation) vs General Electric Power Systems Inc. & Connected Matters (Delhi High Court, 2018) – Section 234B Interest on Non-Residents
Facts of the CaseThe Revenue filed multiple appeals against various General
Electric (GE) group entities and related foreign companies concerning liability
to pay interest under Section 234B of the Income Tax Act, 1961...