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Commissioner of Income Tax vs. M/s [Assessee Name] | Deductibility of Export Commission Paid Abroad Without TDS under Section 40(a)(i) and Depreciation/Amortization of Acquired Goodwill as an Intangible Asset under Section 32 of the Income Tax Act, 1961
Facts of the Case
The
Appellant (Revenue Department) challenged the order passed by the Income
Tax Appellate Tribunal (ITAT), which had deleted two major additions made
by the Assessing Officer (AO). ...
The Commissioner of Income Tax-II vs. M/s Mahavir Irrigation Pvt. Ltd.: Whether Misclassification of a Non-Refundable Revenue Receipt as a Security Deposit in the Balance Sheet Amounts to Concealment of Income or Furnishing Inaccurate Particulars Under Section 271(1)(c) When Full Disclosures Were Made During Assessment
Facts of the Case
Assessee’s
Business and Return Filing: The assessee is a private
limited company engaged in providing services to obtain orders from
Government Departments and acting as a liaison ...
Commissioner of Income Tax, Delhi vs. Ms. Mayawati: Scope of Income Tax Additions Under Sections 68 and 69 for Registered Gifts of Movable and Immovable Properties from Non-Relatives
. Facts of the Case
For
the Assessment Year (A.Y.) 2003-04, the Respondent-Assessee (Ms. Mayawati)
filed her Income Tax return declaring a total income of ₹13,29,090/-.
During
the scrutiny proces...
Commissioner of Income Tax v. [Assessee Name] — Validity of Scrutiny Notice Service under Section 143(2) of the Income Tax Act, 1961, when Dispatched via Speed Post to a Sufficient Address and Followed by the Mandatory Appearance of the Assessee Before the Assessing Officer
Facts of the CaseThe revenue filed an appeal (ITA No. 902/2011) against the
assessee before the High Court of Delhi. The central dispute arose regarding
the valid service of a statutory notice issued under Section 143(...
Commissioner of Income Tax vs. Brahmaputra Consortium Ltd. | Penalty under Section 271(1)(c) Cannot Be Levied for Bona Fide Excess Depreciation Claim and Debatable ROC Fee Deduction Claim – Delhi High Court
Facts of the CaseThe assessee, Brahmaputra Consortium Ltd., filed its return
for Assessment Year 2001-02 declaring a loss of ₹93,74,724.During assessment proceedings, the Assessing Officer noticed
the following claim...
Commissioner of Income Tax v. Assessee (Name Not Available in Uploaded Order) – Delhi High Court Dismisses Revenue Appeals on Low Tax Effect Threshold | ITA Nos. 74/2008, 285/2008, 312/2008, 510/2008, 512/2008, 637/2008, 976/2008, 1339/2008, 76/2009 & 849/2009
Facts of the CaseMultiple Income Tax Appeals were filed by the Revenue before
the Delhi High Court.The Court examined the monetary impact involved in the
appeals.It was found that the tax effect in the concerned matter...
Asian Paints Ltd. v. DCIT – ITAT Mumbai Quashes Section 263 Revision; Difference of Opinion with Assessing Officer Not Sufficient to Invoke Revisional Jurisdiction
Facts of the CaseDuring scrutiny assessment proceedings, the Assessing Officer
issued notices under Sections 142(1) and 143(2) seeking detailed explanations
regarding:
Deduction
claimed under Section 80M;
Pr...
Sanand Properties Pvt. Ltd. vs Joint Commissioner of I.T. Range 6 (2026 INSC 472): Supreme Court on Reassessment under Sections 147/148 and Taxability of AOP Revenue Share
The Supreme Court held that reopening under Section 148 was valid because the Department had fresh tangible material from survey proceedings. The Court further held that the 35% share received by the Assessee from AOP wa...
Commissioner of Income Tax-V, New Delhi vs. Navin Chemicals Manufacturing Co. Ltd. | Penalty u/s 271(1)(c) for Bogus Business Expenditure Claims and Furnishing Inaccurate Particulars
Facts of the CaseThe assessee company, Navin Chemicals Manufacturing Co. Ltd.,
was engaged in the manufacture of chemical formulations. However, all
manufacturing and business operations had remained suspended since 19...
Commissioner of Income Tax vs Assessee Company – Allowability of Prior Period Interest Expenditure and Crystallized Liability Under Mercantile System | Delhi High Court
Facts of the CaseThe assessee filed its return of income for Assessment Year
1998-99.During assessment proceedings, the Assessing Officer made two
additions:
Disallowance
of prior period interest expenditure am...