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The Pr. Commissioner of Income Tax Central-3 vs M/s Dreamcity Buildwell Pvt. Ltd. (Delhi High Court) – Section 153C Jurisdiction & Section 68 Unexplained Cash Credit
Facts of the
CaseThe assessee, M/s Dreamcity Buildwell Pvt. Ltd.,
engaged in real estate development, filed its return declaring NIL income for
AY 2005–06. The case was selected for scrutiny under Section 143(3).Dur...
Max Ventures Investment Holdings Pvt. Ltd. vs Income Tax Officer & Anr. (2019) – Reassessment u/s 147/148 Valid on Doubtful Share Application Money u/s 68 | Delhi High Court
Facts of the Case
The assessee company received ₹87 crores as share application
money from its promoter Shri Analjit Singh during FY 2009–10.
The return for AY 2010-11 was filed declaring minimal inc...
Rolls-Royce Plc vs Deputy Director of Income Tax (International Taxation), Delhi High Court – Permanent Establishment & Profit Attribution under Section 9(1) of Income Tax Act
Facts of the Case
Rolls-Royce
Plc (assessee) supplied aero engines and spare parts to Indian customers.
Its
wholly owned subsidiary, RRIL, operated in India and maintained a liaison
office.
Earl...
Commissioner of Income Tax vs. M.S. Aggarwal (2019) – Dismissal of Appeal Due to Low Tax Effect under CBDT Circular No. 17/2019 | Delhi High Court
Facts of the
CaseThe present matter pertains to appeals filed by the
Commissioner of Income Tax before the Delhi High Court against the respondent,
M.S. Aggarwal. The appeals were registered as ITA 169/2005 and ITA 89...
Commissioner of Income Tax vs. M.S. Aggarwal (2019:DHC:7386-DB) – Dismissal of Appeals on Low Tax Effect under CBDT Circular No. 17/2019
Facts of the
CaseThe present matter involves appeals filed by the
Revenue (Commissioner of Income Tax) against the respondent, M.S. Aggarwal,
before the Delhi High Court. The appeals pertained to income tax disputes;
...
FIITJEE Ltd. (Successor of Times A & M (India) Ltd.) vs Pr. Commissioner of Income Tax–2 | Delhi High Court | Disallowance of Bogus Advertisement Expenses & Software Depreciation u/s 32 & 37 of Income Tax Act
Facts of the CaseThe appellant, FIITJEE Ltd. (successor of Times A & M
(India) Ltd.), claimed deductions for web advertisement expenses and depreciation
on purchase of customized software for Assessment Years 2004â...
Aradhana Drinks and Beverages Pvt. Ltd. & Anr. vs Commissioner of Income Tax | Delhi High Court | ITA 52/2019 & ITA 53/2019 | Appeal Withdrawn After Success in Remand Proceedings
Facts of the
CaseThe appellants, Aradhana Drinks and Beverages
Pvt. Ltd. and Aradhana Foods and Juice Pvt. Ltd., had filed appeals
before the Delhi High Court against orders passed by the Commissioner of Income
Tax.D...
FIITJEE Ltd. (Successor of Times A & M (India) Ltd.) vs Principal Commissioner of Income Tax-2 | Delhi High Court | Disallowance of Bogus Web Advertisement & Software Depreciation Claims | Sections 131, 133(6), 143, 147 Income Tax Act
Facts of the CaseThe appellant, FIITJEE Ltd. (successor of Times A & M
(India) Ltd.), claimed deductions for:
Web
advertisement expenses, and
Depreciation
on purchase of customized software
...
Aradhana Drinks and Beverages Pvt. Ltd. & Anr. vs Commissioner of Income Tax (Delhi High Court, 2019) – Appeal Withdrawn After Success in Remand Proceedings
Facts of the
CaseThe appellants, Aradhana Drinks and Beverages
Pvt. Ltd. and Aradhana Foods and Juice Pvt. Ltd., had filed appeals
before the Delhi High Court challenging orders under the Income Tax Act.During the pen...
Commissioner of Income Tax vs Suresh Mittal & Anr. | Low Tax Effect Appeals Dismissed by Delhi High Court (2019:DHC:7387-DB)
Facts of the
CaseThe Revenue filed multiple appeals before the Delhi
High Court, including ITA No. 43/2010, ITA No. 47/2010, and ITA No. 1499/2010,
against the respondents (Suresh Mittal and Karan Sawhney).At th...