Blog Categories
All Posts
Accounting Standard 12
CBDT 1
Chartered Accountant 1
Chartered Engineer 1
Greetings 1
Income Tax Act 2025 0
Labour Law 2
MCA Notification 1
MSME 1
NGO- Trust & Society 0
PLACEMENT 1
Press Information Bureau, Government of India (PIB) 2
RBI & Banks 1
RERA 0
RTI 1
STUDENT ICAI 1
Virtual Webinar 5
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 vs Assessee (ITA Nos. 743/2008, 744/2008, 745/2008 & 753/2008) – Delhi High Court Dismisses Appeals Due to Low Tax Effect Below CBDT Monetary Limit
Facts of the
CaseThe Income Tax Department filed four separate
appeals before the Delhi High Court challenging the orders passed by the lower
appellate authorities. During the proceedings, it was observed that the tax...
Commissioner of Income Tax Delhi-X vs. M/S Ahuja Radios: Exclusion of MODVAT Credit from Total Turnover under Section 80HHC of the Income Tax Act, 1961
Facts of the Case
The
respondent-assessee, M/S Ahuja Radios, is involved in the manufacture and
sale of public address equipment such as amplifiers, microphones, and
loudspeakers.
For
the ass...
Commissioner of Income Tax vs. Assessee: Retrospective Applicability of Section 271(1B) of the Income Tax Act, 1961 as Inserted by Finance Act 2008 on Penalty Initiation and Remand to ITAT for Decisions on Merits — Delhi High Court Landmark Case Law (ITA No. 50/2008 & 71/2008)
1. Facts of the CaseThe Revenue preferred statutory cross-appeals before the
Hon'ble High Court of Delhi under Income Tax Appeal (ITA) No. 50/2008 and ITA
No. 71/2008. The challenges were directed against the prior imp...
Commissioner of Income Tax vs Assessee (ITA Nos. 743/2008, 744/2008, 745/2008 & 753/2008) – Delhi High Court Dismisses Appeals Due to Low Tax Effect Below CBDT Monetary Limit
Facts of the
CaseThe Income Tax Department preferred four appeals
before the Delhi High Court, being ITA Nos. 743/2008, 744/2008, 745/2008 and
753/2008. During consideration of the appeals, the Court examined the tax
...
Commissioner of Income Tax vs. M/S Ahuja Radios | Exclusion of MODVAT Credit from Total Turnover under Section 80HHC of Income Tax Act, 1961 – Delhi High Court Judgement
Facts of the Case
The
Assessee (M/S Ahuja Radios) is engaged in the manufacture and sale
of public address equipment, such as amplifiers, microphones, and
loudspeakers.
The
Assessee claimed a...
Commissioner of Income Tax v. Shri Raj Kumar (Delhi High Court) – Trade Advances Not Taxable as Deemed Dividend under Section 2(22)(e) of the Income-tax Act, 1961
Facts of the CaseThe assessee, Shri Raj Kumar, was the proprietor of
M/s Premier Engineering Corporation engaged in manufacturing customized kitchen
equipment. He was also the Managing Director and held approxima...
Commissioner of Income Tax (TDS) vs. M/S Ikea Trading Hong Kong Ltd: Absolute Limitation on Income Tax Penalty Orders Imposed Under Section 271C Vis-à-Vis the Residuary Trajectory of Section 275(1)(c)
Facts of the Case
Assessee
Profile & Survey: The respondent/assessee is a company
incorporated in Japan with a liaison office operating in India. On
December 4, 1998, the Income Tax Department con...
Commissioner of Income Tax, Delhi-X vs. M/s Ahuja Radios: Whether Modvat Credit is Excludible from 'Total Turnover' for the Purpose of Computing Deductions Under Section 80HHC of the Income Tax Act, 1961
Facts of the Case
Context:
This is an appeal filed by the Revenue (Commissioner of Income Tax,
Delhi-X) under Section 260A of the Income Tax Act, 1961.
Assessment
Year: The case pertains directly t...
Commissioner of Income Tax-XIII v. Shri Ashish Rajpal (2009) – Scope of Revision under Section 263 of the Income Tax Act Where Adequate Enquiry Was Conducted by the Assessing Officer
Facts of the CaseThe assessee, Shri Ashish Rajpal, was engaged in
the business of construction and development of properties on a collaboration
basis with property owners.For Assessment Year 2002-03, the assessee filed...
Commissioner of Income Tax, Delhi (Central)-II vs. Capital Power Systems Limited: Validity of Search and Seizure Authorization Issued by Joint Director Under Section 132(1) of the Income-tax Act, 1961
Facts of the CaseThe Income Tax Department initiated search and seizure
operations against the respondent, Capital Power Systems Limited. The warrant
of authorization for this operation was issued by the Joint Director...