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PR. Commissioner of Income Tax LTU, New Delhi vs M/s Mahanagar Telephone Nigam Ltd | Delhi High Court | Section 14A r/w Rule 8D & Prior Period Income Adjustment
Facts of the CaseThe Respondent-Assessee, a public sector undertaking, filed
its return for AY 2011-12 declaring substantial losses. The Assessing Officer
completed assessment under Section 143(3) and made disallowance...
Alcatel Lucent International vs Assistant Commissioner of Income Tax & Anr. (Delhi High Court, 2020) – Stay on Tax Demand Where Issue Covered by Precedent
Facts of the CaseThe petitioner, Alcatel Lucent International,
challenged an impugned communication dated 20 October 2020 issued by the Income
Tax Department rejecting its stay application against a substantial tax dem...
Tata Teleservices Limited vs The Principal Commissioner of Income Tax & Anr. (Delhi High Court, 2020) – Refund of Excess Penalty Deposit Beyond 20% Demand under CBDT Circular
FACTS OF THE CASE
The
petitioner, Tata Teleservices Limited, challenged orders imposing a
condition to deposit 20% of penalty demand amounting to ₹293.28 crores
for multiple assessment years (2006â€...
Commissioner of Income Tax (International Taxation)–2 vs Micro Focus Ltd. | Delhi High Court | Software Sale Not Royalty under India-UK DTAA (Section 9(1)(vi), Section 260A)
Facts of the CaseThe Respondent-Assessee, a UK-based company, was engaged in development
and distribution of software products. It sold software in India either through
distributors or directly to customers on a princi...
PR. Commissioner of Income Tax (Central)-2 vs M/s M.L. Singhi & Associates (P) Ltd. (2020) – Delhi High Court | Appeal Dismissed Due to Low Tax Effect under CBDT Circular No. 17/2019
Facts of the CaseThe present matter pertains to appeals filed by the
Principal Commissioner of Income Tax (Central)-2 against M/s M.L. Singhi &
Associates (P) Ltd. before the Delhi High Court. The appeals were inst...
Paraminder Singh Kalra vs Commissioner of Income Tax – Joint Trial in Multiple Prosecutions under Sections 276C, 276D & 277 of Income Tax Act | Delhi High Court Judgment (2020)
Facts of the CaseAs per the judgment, the petitioner was alleged to have
maintained an undisclosed foreign bank account in HSBC Bank, Zurich, based on
information received from the Government of France. A search was co...
PR. Commissioner of Income Tax (Central)-2 vs M/s M.L. Singhi & Associates (P) Ltd. | Delhi High Court | Low Tax Effect Appeal Dismissed under CBDT Circular No. 17/2019
Facts of the
CaseThe Revenue filed appeals before the Delhi High
Court against the respondent assessee. During the course of hearing, it was
admitted that the tax effect involved in the appeals was less than ₹1,00,0...
S. Kumar Prop. M/s S. Kumar & Co. vs Income Tax Officer Ward 26(1) & Connected Appeals (Delhi High Court) – Withdrawal of Appeal under Vivad Se Vishwas Scheme Delhi High Court | ITA 537/2019, 538/2019, 539/2019 Decision Date: 25 November 2020
Facts of the
CaseThe present matter consists of three connected
income tax appeals filed before the Delhi High Court by:
S. Kumar Prop. M/s S. Kumar & Co.
Smt. Kuldeep Kaur Kohli (including as legal heir of La...
Ambica Jewellers vs Income Tax Officer & Anr. | Delhi High Court on Stay of Tax Demand under Section 220(6) of Income Tax Act, 1961
Facts of the CaseThe petitioner, Ambica Jewellers, filed the present writ
petition challenging the order dated 05.02.2020 passed by the Income Tax
Officer whereby the application for stay of demand in relation to Asses...
S. Kumar Prop. M/s S. Kumar & Co. & Ors. vs Income Tax Officer Ward 26(1) & Ors. – Delhi High Court | Withdrawal of Appeals under Vivad se Vishwas Scheme
Facts of the
CaseThe appellants had filed multiple income tax
appeals before the Delhi High Court challenging orders passed by the Income Tax
Authorities. During the course of hearing conducted via video conferencing,...