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Shri Shyam Sales vs. Commissioner of Income Tax | Release of Seized Jewellery under Section 132(1)(iii) Proviso & Powers of Settlement Commission under Section 245F

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My Tax Expert
19/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 48
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Facts of the Case·         The petitioner, Shri Shyam Sales, filed a writ petition seeking directions against the respondents for the release of entire seized jewellery valued...

Commissioner of Income Tax, Delhi vs M/s Bansal Credit (P) Ltd. – Appeal under Section 260A of the Income-tax Act, 1961 on Deemed Dividend and Substantial Question of Law; Delhi High Court Reaffirms Finality of Earlier Judgment and Dismisses Revenue’s Appeal

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My Tax Expert
19/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 73
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Facts of the CaseThe Revenue filed an appeal before the Delhi High Court under Section 260A of the Income-tax Act, 1961 against the order in favour of M/s Bansal Credit (P) Ltd. The issue sought to be raised by the Rev...

Shri Shyam Sales vs. Income Tax Appellate Tribunal & Anr. — Delhi High Court on Perversity of Ad-Hoc Tax Additions Under Section 260A of the Income Tax Act, 1961

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My Tax Expert
19/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 33
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Facts of the Case·         A search was conducted at the premises of the assessee, M/s Shri Shyam Sales. ·         Following the sear...

Director of Income Tax (International Taxation) vs Sheraton International Inc. | Section 260A Appeal on Remand by ITAT and Taxability under Sections 4, 5 & 9 of the Income-tax Act, 1961

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My Tax Expert
19/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 36
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Facts of the CaseThe Revenue filed an appeal before the Delhi High Court under Section 260A of the Income-tax Act, 1961 challenging the order of the Income Tax Appellate Tribunal (ITAT).The Tribunal, while deciding the...

Commissioner of Income Tax, Delhi vs M/s T.T. Finance Ltd. (2003) – Appeal under Section 260A Dismissed as Issue Already Concluded by Delhi High Court and Attained Finality After Supreme Court Rejected SLPs | No Substantial Question of Law Survived for Consideration

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My Tax Expert
19/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 32
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Facts of the CaseThe Revenue filed an appeal before the Delhi High Court under Section 260A of the Income-tax Act, 1961, against the order passed in favour of M/s T.T. Finance Ltd.The principal issue sought to be raise...

M/s Ralson (I) Ltd vs. Commissioner of Income Tax, Delhi-V: ITAT Erred in Fact; Directed to Decide Alternative Claim on Unvouched Purchases Under Section 69C

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My Tax Expert
19/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 28
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Facts of the Case·         The Appellant/Assessee filed an appeal against the order of the Income Tax Appellate Tribunal (ITAT), Delhi, Bench "C", in ITA No. 2046/Del/97 for t...

O.P. Gulati vs Assistant Commissioner of Income Tax (Delhi High Court) – Whether Challenge to Satisfaction Note of the Assessing Officer Can Be Raised Before the Income Tax Appellate Tribunal | W.P.(C) No. 7206/2003 | Order on Withdrawal of Writ Petition with Liberty to Pursue Statutory Remedy

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19/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 34
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Facts of the CaseThe petitioner, Shri O.P. Gulati, approached the Delhi High Court by filing a writ petition under Article 226 of the Constitution of India against proceedings initiated by the Income Tax Department. T...

Smt. Neena Wadhwa vs. Commissioner of Income-Tax & Anr. | Delhi High Court Mandate on Time-Bound Return of Original Documents and Refund Balance to Assessee Under Income-Tax Act

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19/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 30
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Facts of the CaseThe petitioner, Smt. Neena Wadhwa, filed a writ petition under Article 226 of the Constitution of India before the High Court of Delhi against the Commissioner of Income-Tax and another respondent. T...

Commissioner of Income Tax vs M/s Machino Plastics Pvt. Ltd. – Delhi High Court on Depreciation Claim Arising from Foreign Exchange Rate Fluctuation Under Section 43A and Section 260A of the Income-tax Act, 1961

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My Tax Expert
19/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 27
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Facts of the CaseThe assessee, M/s Machino Plastics Pvt. Ltd., had claimed depreciation on the enhanced cost of its plant and machinery resulting from fluctuations in foreign exchange rates relating to imported machine...

Commissioner of Income Tax, Delhi vs M/s Sagar Suri Estate & Finance – Appeal under Section 260A of the Income-tax Act, 1961 on Whether Any Substantial Question of Law Survives After Finality of CIT v. Bansal Credits Ltd. and Dismissal of Special Leave Petitions by the Supreme Court

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My Tax Expert
19/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 25
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Facts of the CaseThe Revenue, through the Commissioner of Income Tax, Delhi, filed an appeal before the Delhi High Court under Section 260A of the Income-tax Act, 1961 against M/s Sagar Suri Estate & Finance. The i...