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Commissioner of Income Tax vs. M/s Balaji Wire Pvt. Ltd.: Validity of Block Assessment under Section 158BC in the Absence of Incriminating Material Seized During Search

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16/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 18
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Facts of the Case·         A search and seizure operation under Section 132(1) of the Income Tax Act, 1961, was conducted on September 11/12, 2001, across various residential ...

Director of Income Tax, New Delhi vs. Sheraton International Inc. — Legal Interpretation of Section 9(1)(vi) and Section 9(1)(vii) of Income Tax Act, 1961 vs Article 7 and Article 12 of Indo-US DTAA on Taxability of Integrated Hotel Reservation & Marketing Services as Business Profits vs Royalty or Fees for Technical Services (FTS)

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16/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 25
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Facts of the CaseThe Respondent-Assessee, M/s Sheraton International Inc., a US-based entity, entered into integrated hospitality service agreements with various Indian hotels (including ITC Hotels Ltd). Under these a...

Ranbaxy Laboratories Ltd. v. The Commissioner of Income Tax: Availability of Section 80IA Deduction on Duty Drawback and Profit on Sale of REP Licences

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My Tax Expert
16/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 19
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Facts of the Case The Appellant, Ranbaxy Laboratories Ltd., filed an appeal against the order of the Income Tax Appellate Tribunal (ITAT). The dispute arose regarding the eligibility of fiscal ince...

The Commissioner of Income Tax, Delhi-I vs. M/s Bansal Strips (P) Ltd. | Appeal Under Section 260A of the Income Tax Act, 1961 Regarding Identical Substantial Questions of Law and Consolidation with Lead Case Law (ITA No. 1117 of 2006)

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My Tax Expert
16/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 19
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Facts of the CaseThe Appellant, Revenue (Commissioner of Income Tax, Delhi-I), filed an appeal under Section 260A of the Income Tax Act, 1961, challenging the order passed by the Income Tax Appellate Tribunal (ITAT). ...

Commissioner of Income Tax vs. Web Commerce (India) Pvt. Ltd. – Whether Filing Audit Report Under Section 10B(5) Before Assessment Framing Complies with Law as Directory Provision vs Mandatory Requirement: Delhi High Court Verdict Following CIT vs. Contimeters Electricals

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My Tax Expert
16/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 20
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FACTS OF THE CASE The Revenue filed an appeal (ITA 552/2008) before the High Court of Delhi against the Income Tax Appellate Tribunal's order. The dispute concerned the deduction/exemption claimed ...

Commissioner of Income Tax vs Late Shri A.R. Chadha: Recording of Satisfaction Under Section 271(1)(c) for Penalty Initiation In The Absence of Finding of Concealment is Without Jurisdiction

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My Tax Expert
16/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 20
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Facts of the Case The Income Tax Department filed three interconnected appeals against the common order passed by the Income Tax Appellate Tribunal (ITAT) dated November 22, 2004. The central...

Commissioner of Income Tax vs. Bharat Heavy ElectricalS Ltd. & Anr. | Admissibility of Additional Grounds Before ITAT Without COD Approval under Section 260A

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My Tax Expert
16/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 18
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Facts of the Case·         The Revenue (Petitioner) filed a writ petition in the High Court of Delhi challenging two interlocutory orders passed by the Income Tax Appellate Tr...

Commissioner of Income Tax, Delhi-I vs. Axis Computers (India) Pvt. Ltd. (2008): Filing of Audit Report Under Section 10A(5) Held Directory and Not Mandatory If Submitted Before Assessment Framing

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16/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 19
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Facts of the Case The Parties: The Appellant in this case is the Commissioner of Income Tax, Delhi-I, and the Respondent is Axis Computers (India) Pvt. Ltd.. The Context: The Revenue (Income ...

Commissioner of Income Tax vs. M/s India Crafts (and Connected Matters): Interpretation of Section 271(1B) on Assessing Officer’s Satisfaction for Penalty Initiation

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16/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 20
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Facts of the CaseThis judgment encompasses a batch of 31 cross-appeals, primarily led by Commissioner of Income Tax vs. M/s India Crafts (I.T.A. No. 766/2006) along with multiple connected income tax appeals. The dispu...

Commissioner of Income Tax vs. Smt. Rani Shankar Mishra: Taxability of Gender Discrimination Compensation Received via US Consent Decree Under Section 17(3)(iii) of the Income-tax Act, 1961

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16/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 26
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Facts of the Case Job Application and Selection: In January 1982, the assessee (Smt. Rani Shankar Mishra) applied for a position with the "Voice of America," a state-owned broadcasting agency of the ...