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M/s Microsoft Corporation (I) Pvt. Ltd. vs Deputy Commissioner of Income Tax & Anr – Reopening of Assessment under Section 147/148, Income Tax Act, 1961
Facts of the CaseThe petitioner, M/s Microsoft Corporation (I) Pvt. Ltd.,
challenged the reopening of its income tax assessment for the Assessment Year
2005-06 by the Deputy Commissioner of Income Tax through a notice ...
The Commissioner of Income Tax, Delhi Central-III vs Nirmal Bansal & Manju Bansal | Income Tax Act, Section 2(14)(iii) – Capital Gains on Sale of Agricultural Land Beyond 8 km of Municipal Limits
Facts of the
CaseThe High Court of Delhi heard appeals (ITA Nos.
198/2013, 203/2013, 204/2013 & 205/2013) filed by the Commissioner of
Income Tax against orders of the Income Tax Appellate Tribunal (ITAT),
concer...
Commissioner of Income Tax-IV vs M/s Insecticides (India) Ltd. – Reassessment under Sections 147 & 148 Invalid Due to Vague Reasons and Absence of Tangible Material | Delhi High Court
Facts of the Case
The Revenue filed appeals against the order
passed by the Income Tax Appellate Tribunal concerning Assessment Years
2002–03 and 2003–04.
For Assessment Year 2002–03, an original
...
M/s Microsoft Corporation (I) Pvt. Ltd. vs Deputy Commissioner of Income Tax & Anr – Reopening of Assessment under Section 147/148, Income Tax Act, 1961
Facts of the CaseThe petitioner, M/s Microsoft Corporation (I) Pvt. Ltd.,
challenged the reopening of its income tax assessment for the Assessment Year
2005-06 by the Deputy Commissioner of Income Tax through a notice ...
The Commissioner of Income Tax Delhi-II vs. Jain Exports Pvt. Ltd. | Section 41(1) Income Tax Act, 1961 | Cessation of Liability
Facts of the Case:
Jain
Exports Pvt. Ltd., engaged in trading agricultural commodities, filed its
income tax return for AY 2008-09 declaring a loss and taxable income as
nil.
The
Assessing Off...
Shervani Hospitalities Ltd. vs. Commissioner of Income Tax – Section 271(1)(c) Penalty on Revenue vs. Capital Expenditure
Facts of the Case:
The assessee, Shervani Hospitalities Ltd., engaged in hospitality services,
filed its return for the assessment year 2001-02 declaring a loss of
₹43,15,328. The assessment was completed at a posit...
Commissioner of Income Tax vs M/s Delhi Press Patra Prakashan Ltd – Deduction under Section 80-IA & 80-IB of Income Tax Act, 1961
Facts of the Case
The
assessee, M/s Delhi Press Patra Prakashan Ltd, established in 1973,
operates in publishing and printing newspapers and magazines (Unit No.1:
publishing; Units 2, 3 & 4: print...
Commissioner of Income Tax vs M/s Delhi Press Patra Prakashan Ltd – Section 80-IA & 80-IB Deductions on Industrial Undertakings Profits, Assessment Years 1997-2005
Facts of the Case
The
assessee, M/s Delhi Press Patra Prakashan Ltd, operates in
publishing and printing newspapers and periodicals.
Unit
No.1 handled publishing, while Units Nos. 2, 3, and 4 handle...
Commissioner of Income Tax vs Delhi Press Patra Prakashan Ltd. – Deduction under Section 80-I, Income Tax Act, 1961 (2013:DHC:2955-DB)
Facts of the CaseDelhi Press Patra Prakashan Ltd., engaged in printing and
publishing newspapers and periodicals in multiple languages, established Unit
Nos. 2 & 3 in Sahibabad, Ghaziabad for high-speed printing. T...
Commissioner of Income Tax vs M/s Delhi Press Patra Prakashan Ltd: Deduction under Sections 80-IA & 80-IB of the Income Tax Act, 1961
Facts of the CaseThe appeals before the Delhi High Court arose under Section
260A of the Income Tax Act, 1961. The disputes involved ITA Nos. 1732/2006,
1733/2006, 1734/2006 (assessment years 1997-98, 1998-99, and 1999...