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Pr. Commissioner of Income Tax-16 vs Jagat Talkies Distributors | Delhi High Court | Reassessment u/s 147/148 Invalid for Non-Supply of Recorded Reasons | Sections 148, 143(3), 260A, 292BB Income Tax Act
Facts of the CaseThe assessee, engaged in film exhibition business and
earning rental income, did not file income tax returns for Assessment Years
1999-2000 to 2004-05. The Revenue discovered rental receipts through ba...
Commissioner of Income Tax (International Taxation)-2 vs Net App B.V. – Taxability of Software Subscription Receipts as Royalty under Section 9(1)(vi) of the Income Tax Act read with Article 12 of India-Netherlands DTAA | Section 234B Interest Liability
Facts of the CaseThe present matter arose from two appeals filed by
the Revenue before the Delhi High Court against the order of the Income Tax
Appellate Tribunal (ITAT) concerning Assessment Years 2008-09 and 20...
Principal Commissioner of Income Tax, Delhi-2 vs Best Infrastructure (India) Pvt. Ltd. & Connected Matters | Delhi High Court | Section 68, Section 153A & Section 132(4) of Income Tax Act, 1961 | Addition on Basis of Search Statements and Incriminating Material
Facts of the CaseA search and seizure operation under Section 132
was conducted in the case of the Best Group of Companies and one Tarun Goyal on
15 September 2008. During the search, loose papers and documents were
r...
Pr. Commissioner of Income Tax-16 v. Jagat Talkies Distributors – Reassessment Proceedings Quashed for Non-Supply of Reasons under Sections 147/148 of the Income-tax Act, 1961 | Delhi High Court
Facts of the Case
The
assessee was engaged in the business of film exhibition and earning rental
income.
No
return of income was filed for the relevant assessment years under Section
139(...
U.P. Distillers Association vs Commissioner of Income Tax (Delhi High Court) – Cancellation of Section 12AA Registration and Scope of Section 12AA(3) of the Income-tax Act, 1961
Facts of the CaseA search and seizure operation was conducted on
14.02.2006 at the premises of Mr. R.K. Miglani, who was acting as Secretary
General of the assessee association. During the search, his statement was
re...
Principal Commissioner of Income Tax, Delhi-2 vs Best Infrastructure (India) Pvt. Ltd. & Connected Group Companies | Delhi High Court on Section 68 & Section 153A Additions Based on Search Statements
Facts of the CaseA search and seizure operation under Section 132
was conducted on 15 September 2008 in the cases of the Best Group of Companies
and one Tarun Goyal.During the search:
Various loose documents were fou...
Principal Commissioner of Income Tax-16 vs Jagat Talkies Distributors | Delhi High Court on Mandatory Supply of Reasons for Reopening under Sections 148 & 143(3) of the Income-tax Act, 1961
Facts of the CaseThe assessee was engaged in the business of film exhibition
and also earned rental income from commercial properties.For Assessment Years 1999-00 to 2004-05, the assessee did
not file returns under Sec...
Commissioner of Income Tax (Exemption) vs Patanjali Yogpeeth (Nyas) | Delhi High Court on Charitable Purpose of Yoga under Sections 2(15), 11, 12, 13 & 115BBC of the Income Tax Act
Facts of the CasePatanjali Yogpeeth (Nyas), a registered charitable
trust, was engaged in organizing yoga camps, imparting yoga education,
providing Ayurvedic treatment, and conducting charitable health programs.During...
Principal Commissioner of Income Tax, Delhi-2 vs Best Infrastructure (India) Pvt. Ltd. & Connected Matters (Delhi High Court) – Addition under Section 68 and Scope of Assessment under Section 153A of Income Tax Act, 1961 on the Basis of Search Statements and Alleged Incriminating Material
Facts of the CaseA search and seizure operation was conducted
against the Best Group of Companies and one Tarun Goyal on 15 September 2008.During the course of search:
Loose papers and documents were seized.
The Re...
Principal Commissioner of Income Tax-7 vs Paramount Biotech Industries Ltd. | Mandatory Notice under Section 143(2) in Reassessment Proceedings under Sections 147/148 of the Income Tax Act
Facts of the CaseThe Revenue challenged the order of the Income Tax
Appellate Tribunal (ITAT) for Assessment Years 1999-2000 and 2000-2001. The
dispute arose from reassessment proceedings initiated by the Assessing Off...