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Commissioner of Income Tax v. Assessee – Deletion of Penalty under Section 271(1)(c) for Bona Fide Revision of Bad Debt Claim | Delhi High Court| under section 271(1)(c) of the Income-tax Act, 1961
Facts of the
CaseThe assessee filed its return of income for
Assessment Year 2003-04 declaring a loss of ₹23,93,863. In the return, the
assessee claimed bad debts amounting to ₹87,14,984.During the assessment proc...
Director of Income Tax vs. Sheraton International Inc. | Taxability of Global Hotel Reservation and Marketing Fees under India-USA DTAA
Facts of the Case
Assessee
Status: The assessee, Sheraton
International Inc., is a non-resident company incorporated under the laws
of the USA, specializing in providing comprehensive operational,
...
Commissioner of Income Tax vs Assessee (Name Not Reflected in Available Order) – Delhi High Court Dismisses Revenue Appeal Due to Low Tax Effect | ITA No. 734/2009
Facts of the
Case
The Revenue filed an appeal before the Delhi High Court under
Section 260A of the Income-tax Act, 1961.
During the proceedings, it was acknowledged that the tax effect
involved in the m...
CIT vs. Smt. Bimla Devi: Whether Addition Based on 'Accommodation Entry' Claim Survives if Primary Case is Set Aside
Facts of the CaseThe Revenue (Income Tax Department) preferred
statutory appeals before the High Court of Delhi under the relevant appellate
provisions of the Income Tax Act, 1961. These appeals, registered as ITA Nos....
Commissioner of Income Tax v. Yamaha Motor India Pvt. Ltd. | Depreciation on Discarded Assets under Section 32 of the Income-tax Act, 1961 | Delhi High Court
Facts of the
CaseThe assessee company, Yamaha Motor India Pvt. Ltd.,
claimed depreciation during Assessment Years 2000-01 and 2001-02 on assets that
had been written off. The assets had originally been capitalized at ...
Pr. Commissioner of Income Tax / Commissioner of Income Tax vs. Assessee (ITA No. 171/2008 & ITA No. 418/2008) - Appeal Dismissed Following CIT vs. Vikramaditya & Associates Pvt. Ltd. (287 ITR 268)
Facts of the CaseThe matter came before the Delhi High Court in Income Tax
Appeal Nos. 171/2008 and 418/2008. The appellant challenged the order passed by
the Income Tax Appellate Tribunal and sought consideration of q...
Commissioner of Income Tax v. Assessee (ITA No. 698/2009) – Appeal Dismissed as Issue Already Covered by Earlier Judgment | under section 260A of the Income-tax Act, 1961
Facts of the
Case
The appellant preferred an appeal before the Delhi High Court in
ITA No. 698/2009.
During the hearing, it was not disputed that the question sought to
be raised in the appeal had alread...
Commissioner of Income Tax vs Assessee – Maintainability of Departmental Appeal in Nil Tax Effect Cases under CBDT Instructions | Delhi High Court| under section 260A of the Income-tax Act, 1961
Facts
of the CaseThe assessee filed its return of
income for Assessment Year 2001-02 declaring a loss of Rs.1,13,20,160. The
assessee also claimed rent charges amounting to Rs.55,20,545.68 and additional
bed charges,...
Commissioner of Income Tax vs Escorts Automotives Ltd. (Delhi High Court) – Section 14A Disallowance Applicable to Dividend Income Earned from Investment and Stock-in-Trade Shares
Facts of the CaseThe Revenue filed appeals before the Delhi High Court
challenging the common order passed by the Income Tax Appellate Tribunal (ITAT)
dated 31.08.2006 relating to Assessment Years 2000-01 and 2001-02.T...
Short Deduction of TDS on Meal and Conveyance Allowances – Effect of Quashing Assessment on Penalty Proceedings under Section 271C of the Income-tax Act | Delhi High Court
Facts of the
CaseThe assessee had not deducted tax at source on meal
and conveyance allowances paid to its employees. The Assessing Officer treated
the same as a case of short deduction of tax at source and accordingl...