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PR. Commissioner of Income Tax (Central)-2 vs M/s ACB India Ltd. | Section 14A & Rule 8D Disallowance Limited to Exempt Income | Delhi High Court (2018)
Facts of the Case
The
Revenue filed appeals under Section 260A concerning Assessment Years
2011-12, 2012-13, and 2013-14.
The
Assessing Officer applied Rule 8D(2)(ii) and made a disallowance of ₹...
PR. Commissioner of Income Tax–3 vs Fern Healthcare Pvt. Ltd. | Section 14A r/w Rule 8D Disallowance Cannot Exceed Exempt Income | Delhi High Court
Facts of the CaseThe present appeals were filed by the Revenue challenging a
common order passed by the Income Tax Appellate Tribunal (ITAT) for Assessment
Years 2008-09 and 2009-10. The ITAT had upheld the order of th...
M/s Infonox Software Pvt. Ltd. & Ors. vs Deputy Commissioner of Income Tax | Delhi High Court | Section 139(1) Income Tax Act – Withdrawal of Criminal Petitions with Liberty
Facts of the CaseThe petitioners, M/s Infonox Software Pvt. Ltd. and others,
filed multiple criminal miscellaneous petitions before the Delhi High Court
challenging proceedings initiated by the Deputy Commissioner of I...
PR. Commissioner of Income Tax (Central)-2 vs M/s ACB India Ltd | Section 14A Disallowance Cannot Exceed Exempt Income | Delhi High Court
Facts of the CaseAs noted from the judgment (Page 2) :
The
assessee, M/s ACB India Ltd., earned exempt dividend income of ₹47,950
during AY 2011-12.
The
Assessing Officer applied Rule 8D(2)(ii) a...
M/s Infonox Software Pvt. Ltd. & Ors. vs Deputy Commissioner of Income Tax (Delhi High Court, 2019) – Withdrawal of Criminal Petitions under Section 139(1) Income Tax Act
Facts of the CaseThe petitioners, M/s Infonox Software Pvt. Ltd. & others,
filed multiple petitions before the Delhi High Court challenging criminal
proceedings initiated by the Income Tax Department. The mat...
PR. Commissioner of Income Tax-2 vs Cincom Systems India Pvt. Ltd. | Section 10A Deduction & Reallocation of Expenses Cannot Be Based on Assumptions – Delhi High Court (2018)
Facts of the CaseThe respondent-assessee, Cincom Systems India Pvt. Ltd., was
engaged in:
Development
and support of computer software; and
Import
and marketing of software products.
The assessee oper...
Principal Commissioner of Income Tax vs Central Electronics | Unabsorbed Depreciation Carry Forward Beyond Eight Years | Section 32(2) Income Tax Act
Facts of the
CaseThe present appeals were filed by the Revenue
before the Delhi High Court challenging the allowability of carry forward of
unabsorbed depreciation beyond eight years. The dispute arose in light of the...
Bently Nevada LLC vs Income Tax Officer, Ward-1(1)(2), International Taxation & Anr. | Delhi High Court | Section 197 Income Tax Act | Arbitrary TDS Certificate Quashed
Facts of the CaseThe Petitioner, Bently Nevada LLC, a US-based company
engaged in offshore supply of goods to Indian customers, challenged a lower
withholding certificate issued under Section 197 of the Income Tax Act,...
Shah-E-Naaz Judge vs Additional Director of Income Tax (Investigation): Delhi High Court Quashes Search Warrant and Section 153A Proceedings for Lack of Valid “Reason to Believe” under Sections 132 & 153A of Income-tax Act
Facts of the CaseThe petitioners, namely Shah-E-Naaz Judge, Sandeep
Kohli, and Sahyr Kohli, challenged notices issued under Section 153A
of the Income-tax Act and the search warrants issued under Section 132 for
three...
Shah-E-Naaz Judge & Ors. vs Additional Director of Income Tax (Investigation) & Anr. | Delhi High Court | Section 132 & 153A Income Tax Act
Facts of the
Case
Petitioners (Shah-E-Naaz Judge, Sandeep Kohli, Sahyr Kohli)
challenged notices under Section 153A and search warrants under Section
132.
The search originated from proc...