Blog Categories
All Posts
Accounting Standard 9
CBDT 1
Chartered Accountant 1
Chartered Engineer 1
Greetings 1
Income Tax Act 2025 0
Labour Law 2
MCA Notification 1
MSME 1
NGO- Trust & Society 0
PLACEMENT 1
Press Information Bureau, Government of India (PIB) 2
RBI & Banks 1
RERA 0
RTI 1
STUDENT ICAI 1
Virtual Webinar 4
Subscribe to Newsletter
Join our subscribers list to get the latest Tax Updates and Opportunities.
Principal Commissioner of Income Tax-9 vs M/s Vodafone Essar Gujarat Limited (Delhi High Court, 2019) – Section 80IA Deduction & Netting of Interest Income
Facts of the CaseThe Respondent/Assessee, a telecommunications company, claimed
deduction under Section 80-IA of the Income Tax Act, 1961 in respect of
interest income earned.
The
assessee borrowed funds ...
PR. Commissioner of Income Tax (Central)-2 vs M/s Meroform India Pvt. Ltd. – No Addition under Section 153A in Absence of Incriminating Material | Delhi High Court
Facts of the CaseThe present case involves multiple appeals filed by the
Revenue against a common order of the Income Tax Appellate Tribunal (ITAT)
concerning Assessment Years 2006-07 to 2011-12. A search and seizure o...
M/s Mathur Marketing Pvt. Ltd. vs Commissioner of Income Tax Delhi & Anr. (Delhi High Court) – Section 260A, Rule 46A & Bogus Transactions Assessment
Facts of the
CaseThe assessee, M/s Mathur Marketing Pvt. Ltd., was
engaged in trading rice through a commission agent, M/s Ramkishan Dass Narender
Prakash. The Assessing Officer (AO), after conducting inquiries under ...
PR. Commissioner of Income Tax, Delhi-2 vs Blue Scope Steel India Pvt. Ltd. (2019) – Delhi High Court | Transfer Pricing | Section 92CA & 260A | Expat Salary Reimbursement Not NIL
Facts of the CaseThe assessee, a subsidiary of an Australian entity, was
engaged in rendering business support services. Due to its inability to fully
perform assigned functions, a joint venture (JV) was created ...
Pr. Commissioner of Income Tax-3 vs DU Securities Pvt. Ltd. (Delhi High Court) – Commission on Accommodation Entries Restricted to 0.5% – No Substantial Question of Law – Sections 260A & Income Tax Principles
Facts of the CaseThe present matter pertains to multiple appeals filed by the
Revenue against a common order passed by the Income Tax Appellate Tribunal
(ITAT) concerning Assessment Years 2005–06, 2006–07, 2007–0...
PR. Commissioner of Income Tax-3 vs DU Securities Pvt. Ltd. | Delhi High Court | Commission on Accommodation Entries @0.5% Upheld | No Substantial Question of Law
Facts of the Case
The
Revenue filed multiple appeals against a common ITAT order covering
several assessment years (2005–06, 2006–07, 2007–08, and 2009–10).
The
Assessing Officer (AO) had d...
Jay Polychem India Ltd. & Anr. vs Assistant Commissioner of Income Tax (2018) – Prosecution for Delay in Filing ITR under Sections 276CC & 142(1) Upheld by Delhi High Court
Facts of the
CaseThe respondent (Income Tax Department) filed a
criminal complaint against the petitioners for failure to file Income Tax
Return (ITR) within the prescribed time for Assessment Year 2012–13. The
Met...
Pr. Commissioner of Income Tax-3 vs DU Securities Pvt. Ltd. (2019:DHC:7418-DB) – Determination of Commission Rate on Accommodation Entries at 0.5% | Delhi High Court
Facts of the CaseThe Revenue filed multiple appeals before the Delhi High
Court challenging a common order of the Income Tax Appellate Tribunal (ITAT).
The dispute pertained to Assessment Years 2005-06, 2006-07, 2007-0...
Commissioner of Income Tax (International Taxation) vs Nortel Network Singapore Pte Ltd (2018) – No Permanent Establishment & Software Payment Not Royalty under India-Singapore DTAA
Facts of the
CaseThe Revenue filed appeals under Section 260A challenging
the findings in favour of Nortel Network Singapore Pte Ltd regarding taxability
issues. The primary contention was that the respondent had a Pe...
PR. Commissioner of Income Tax Delhi-2 vs Blue Scope Steel India Pvt. Ltd. (2019) – Delhi High Court | Transfer Pricing | Section 92CA & 260A | Salary Reimbursement to AE
Facts of the CaseThe present appeals were filed by the Revenue
under Section 260A of the Income Tax Act, 1961 before the Delhi High Court for
Assessment Years 2007-08, 2008-09, and 2009-10. The respondent-assesse...