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Delhi Public School vs Commissioner of Income Tax – Free Education to Employees’ Children, Perquisite Valuation under Rule 3(5) and Employer’s Liability under Sections 201(1) & 201(1A) of the Income-tax Act | Delhi High Court
Facts of the
CaseDelhi Public School provided free or concessional
education to the children of its employees. During assessment proceedings, the
Income Tax Department took the view that such educational benefits cons...
DCM Shriram Industries Ltd. and SVP Industries Ltd. vs Deputy Commissioner of Income Tax – Delhi High Court on Sections 153A & 153C, Search Assessments and Natural Justice
Facts of the CaseThe petitioners, DCM Shriram Industries Ltd. and
SVP Industries Ltd., challenged proceedings initiated against them under
Section 153C of the Income-tax Act, 1961. The challenge was based on the
conte...
DCM Shriram Industries Ltd. & SVP Industries Ltd. vs Deputy Commissioner of Income Tax | Delhi High Court Upholds Validity of Sections 153A & 153C of Income-tax Act Following Saraya Industries Ruling
Facts of the CaseThe petitioners, DCM Shriram Industries Ltd. and SVP
Industries Ltd., challenged the proceedings initiated by the Income Tax
Department under the provisions of Sections 153A and 153C of the Income-tax
...
Commissioner of Income Tax vs. Delhi Public School | Free Education to Employees’ Children – Taxability of Perquisite under Section 201(1), Section 201(1A) and Rule 3(5) of the Income-tax Rules, 1962 | Delhi High Court
Facts of the CaseThe dispute arose in relation to the free educational facility
provided by Delhi Public School to the children of its employees. The Income
Tax Department alleged that such benefit constituted a taxabl...
Commissioner of Income Tax vs. Harnarain (Delhi High Court) – Penalty under Section 271(1)(c) Cannot Be Levied on Voluntary Surrender of Gift Income Without Detection of Concealment
Facts of the Case
A
search and seizure operation under Section 132 of the Income Tax Act was
conducted at the assessee’s residence on 18 June 2003.
The
assessee filed the return of income for Ass...
Commissioner of Income Tax vs. Delhi Public School – Free Education to Staff Children, Perquisite Valuation under Rule 3(5), and Employer’s Liability under Sections 201(1) & 201(1A) of the Income-tax Act, 1961
Facts of the CaseThe Delhi Public School provided free educational facilities
to the children of its employees. During assessment proceedings, the Income Tax
Department alleged that such educational benefits constitute...
Comprehensive Legal Analysis: Commissioner of Income Tax vs. Delhi Public School – A Landmark Precedent on Educational Institution Taxability and Appellate Procedure
Facts of the Case The litigation involved a series of consolidated appeals
initiated by the Revenue department. These included ITA No. 345/2009, 414/2009,
458/2009, 780/2009, and 787/2009. All these matters were filed ...
Commissioner of Income Tax vs. Delhi Public School: A Comprehensive Analysis of Employer TDS Liability, Bona Fide Estimates, and the Valuation of Educational Perquisites under Rule 3(5)
Facts of the CaseFollowing an on-the-spot interactive education program
conducted on March 10, 2005, it was revealed that Delhi Public School (the
Assessee) provided free educational facilities to the wards of its teac...
Arcotech Ltd. vs. Director of Income Tax (Recovery) & Ors. – Understanding Section 72 Relief in Sick Industrial Companies
Facts of the CaseThe Petitioner, Arcotech Ltd. (formerly SKS Ltd.), was
declared a "sick company" and was under the purview of the Board for
Industrial and Financial Reconstruction (BIFR). The BIFR sanctioned a
rehabi...
Legal Analysis of Commissioner of Income Tax vs. Nokia India Pvt. Ltd. (2011): Examining the Deletion of Penalty under Section 271(1)(c) of the Income Tax Act Regarding Ad-Hoc Disallowances and Inventory Obsolescence
Facts of the CaseThe Revenue (Commissioner of Income Tax) filed appeals under
Section 260A of the Income Tax Act, 1961, challenging an order of the Income
Tax Appellate Tribunal (ITAT) dated May 22, 2009. The dispute c...