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Income Tax Officer v. M/s Delhi Iron Works (P) Ltd. & Ors.
Facts
of the CaseThe Petitioner (Income Tax Department)
filed criminal complaints before the Additional Chief Metropolitan Magistrate
(ACMM), Delhi, against the respondent company (Respondent No. 1) and its
Director ...
Commissioner of Income Tax-IV vs. Hindustan Coca Cola Beverages Pvt. Ltd. – Depreciation on Goodwill as Intangible Asset and Scope of Revision under Section 263 of the Income Tax Act, 1961 | Delhi High Court
Facts of the Case
The
assessee, Hindustan Coca Cola Beverages Pvt. Ltd., was engaged in the
manufacture and trading of non-alcoholic beverages.
The
assessee claimed depreciation on goodwill under Se...
Commissioner of Income Tax v. HCL Technologies Ltd. & Connected Appeals | Delhi High Court | ITA Nos. 209/2010, 210/2010, 211/2010 & 212/2010 | Judgment dated 14 January 2011
Facts of the Case
ITA
Nos. 209/2010 and 210/2010 related to Assessment Year 2004-05 and raised
identical questions of law.
Separate
appeals were filed because the Tribunal had disposed of both the R...
Commissioner of Income Tax (Revenue) vs HCL Technologies Ltd. & Connected Matters | Delhi High Court Dismisses Revenue Appeals Following DCIT v. Binary Semantics Principle | ITA Nos. 209, 210, 211 & 212 of 2010
Facts of the CaseThe Revenue filed ITA Nos. 209/2010, 210/2010, 211/2010 and
212/2010 challenging orders passed by the Income Tax Appellate Tribunal (ITAT).ITA Nos. 209/2010 and 210/2010 related to Assessment Year
2004...
Section 14A Reassessment Bar for Assessment Years On or Before 01.04.2001 – Processing Under Section 143(1) Does Not Overturn the Statutory Proviso
Facts
of the Case1. The Respondent-Assessee filed its return of income
for the Assessment Year (AY) 2001-02, declaring a total income of ₹40,41,670.2. In th...
Commissioner of Income Tax vs. [Assessee Company] – Penalty under Section 271(1)(c) Cannot Be Levied on Debatable Claims of Deduction under Sections 80IB and 80HHC | Delhi High Court
Facts of the CaseThe assessee filed its return of income for Assessment Year
2001-02 declaring nil income. While computing its income, the assessee claimed
deductions under Sections 80IB and 80HHC of the Income-tax Act...
Commissioner of Income Tax vs. Harpal Singh Chadha (Delhi High Court) – Addition under Section 41(1) for Alleged Cessation of Liability and Unexplained Capital Introduction under Income Tax Act, 1961
Facts of the CaseThe case pertained to Assessment Year 2001-02.
During assessment proceedings, the Assessing Officer (AO) made various
additions to the income of the assessee, Mr. Harpal Singh Chadha.Two additions were...
Commissioner of Income Tax vs. C.J. International Hotels Ltd. | Delhi High Court | Annual Letting Value on Sub-Licensed Property | Sections 22, 23, 27(iii), 147 & 269UA(f)(ii) Income Tax Act
Facts of the CaseThe assessee, C.J. International Hotels Ltd.,
was operating the five-star Hotel Le Meridien, Windsor Place, New Delhi
on land obtained from NDMC under a 99-year licence agreement.Adjacent to the hotel ...
Commissioner of Income Tax vs Assessee – Rectification under Section 154 Not Permissible for Recomputing Deduction under Sections 80HHC and 80IB | Delhi High Court
Facts of the Case
The
Assessing Officer originally allowed deductions to the assessee under both
Sections 80HHC and 80IB of the Income-tax Act.
Subsequently,
the Assessing Officer invoked Section 15...
M/s All India J.D. Educational Society v. Director General of Income Tax (Exemptions), Delhi | Delhi High Court | Section 10(23C)(via) Income Tax Exemption Denied Due to Non-Genuine Activities and Delayed Application
Facts of the CaseThe petitioner, M/s All India J.D. Educational
Society, was a registered educational society having its registered office
in Delhi and operating J.D. Ayurvedic Medical College and Hospital at
Aligarh,...