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Income Tax Appellant ITA No. 89/2010, 938/2010, 1688/2010 & 610/2011 vs Income Tax Department – Delhi High Court Dismissal Based on Tax Effect Less Than ₹10 Lacs
Facts of the CaseThe appeals were filed before the Delhi High Court
challenging income tax assessments. The total tax effect involved in the
appeals was less than ₹10 lakhs.Issues Involved
Whether
appeals wit...
M/s J.K. Synthetics Ltd. vs Commissioner of Income Tax (Delhi High Court) – Interest on Debentures, Revenue vs Capital Expenditure, Higher Depreciation and Business Set-Up Date
Facts of the
CaseThe dispute pertained to
Assessment Year 1983-84. The Revenue sought adjudication of six questions of
law arising from the order of the Income Tax Appellate Tribunal (ITAT).The issues included:1. ...
Assessee vs. Income Tax Officer: Delhi High Court Decision on Disallowance of Installation Expenses, Bad Debts & Penalty under Section 271(1)(c) of Income Tax Act, 1961– ITA Nos. 1983/2010 & 1921/2010
Facts of the CaseThe assessee, in its Income Tax Returns for the Assessment
Year 2001-02, claimed deductions for certain installation expenses and bad
debts by debiting them to the Profit & Loss Account. The Assess...
Commissioner of Income Tax v. Ankitech Pvt. Ltd. | Deemed Dividend under Section 2(22)(e) Taxable Only in Hands of Shareholder and Not Concern Receiving Loan | Delhi High Court
Facts of the Case
The
assessee company received advances amounting to ₹6,32,72,265/- through
book entries from M/s Jakson Generators Pvt. Ltd. (JGPL).
Certain
shareholders holding substantial inte...
Dy. Commissioner of Income Tax vs M/s. Insilco Ltd. – Deduction of Bad Debts under Sections 36(1)(vii) & 36(2) of the Income Tax Act, 1961
Facts of the CaseThe appeal was filed by the Revenue under Section 260A
of the Income Tax Act, 1961, against the Tribunal’s order regarding the assessment
year 2004-05. The assessee, M/s. Insilco Ltd., claimed bad de...
Commissioner of Income Tax vs. Ravi Dass Garg: Deletion of Search-Based Income Tax Additions Upheld Due to Lack of Substantive Question of Law
Facts of the Case
A
search operation was conducted by the Income Tax Department at the
premises of a specific group of assessees, which included the respondent,
Ravi Dass Garg, alongside other individ...
Commissioner of Income Tax vs Assessee – Delhi High Court Dismisses Revenue Appeals on Low Tax Effect Below ₹10 Lakhs | ITA Nos. 285/2010 & 331/2010 (2011)
Facts of the
CaseThe Revenue filed two Income Tax Appeals before the
Delhi High Court. During consideration of the appeals, it was noted that the
combined tax effect involved in both matters was less than ₹10 lakh. ...
Halcrow Consulting India Pvt Ltd vs Commissioner of Income Tax-IV & Ors | Refund Application Delay – Delhi High Court
Facts of the CaseThe petitioner, Halcrow Consulting India Pvt Ltd,
filed applications for a refund from the Income Tax authorities. Despite
submitting their representation, the petitioner’s requests had not been
add...
Commissioner of Income Tax vs National Agricultural Co-operative Marketing Federation of India Ltd: Delhi HC on Disallowance of PSS Indirect Expenses & Section 80P(2)(d) Deduction
Facts of the CaseThe appeals arise under Section 260A of the Income Tax Act,
1961 challenging orders of the Income Tax Appellate Tribunal (ITAT)
regarding:
Deletion
of additions made by the Assessing Officer (A...
Commissioner of Income Tax (TDS) vs. ITC Ltd. & C.J. International Hotels Ltd. | TDS on Tips Distributed to Hotel Employees – Whether Tips Constitute Salary under Sections 15, 17 & 192 of the Income-tax Act, 1961
Facts of the CaseThe assessees, ITC Ltd. and C.J. International
Hotels Ltd., were engaged in the business of owning, operating and managing
hotels. Surveys under Section 133A of the Income-tax Act, 1961 were conducted
...