Blog Categories
All Posts
Accounting Standard 12
CBDT 1
Chartered Accountant 1
Chartered Engineer 1
Greetings 1
Income Tax Act 2025 0
Labour Law 2
MCA Notification 1
MSME 1
NGO- Trust & Society 0
PLACEMENT 1
Press Information Bureau, Government of India (PIB) 2
RBI & Banks 1
RERA 0
RTI 1
STUDENT ICAI 1
Virtual Webinar 5
Subscribe to Newsletter
Join our subscribers list to get the latest Tax Updates and Opportunities.
Knowledge Portal
Click here to explore deep insights, FAQs, and comprehensive tax guides.
Explore Now
Commissioner of Income Tax vs Gopal Das Estates & Housing Pvt. Ltd. (2019) – Section 37 & 260A Income Tax Act | Compensation on Surrender of Flats Held as Revenue Expenditur
Facts of
the Case
The
assessee, engaged in construction and sale of commercial spaces, developed
a multi-storey building.
It
followed the Completed Contract Method (CCM) for revenue
re...
Commissioner of Income Tax vs Select Infrastructure Pvt. Ltd. | Delhi High Court | Income Classification under Business Income vs House Property (Section 22 & 28 of Income Tax Act)
Facts of the
CaseThe present appeals were filed by the Revenue
before the Delhi High Court against the order of the Income Tax Appellate
Tribunal (ITAT). The core issue arose from the Tribunal’s decision to bifurcat...
Commissioner of Income Tax vs Rajiv Gupta & Ajay Kumar Gupta (2019) – Section 145(3) IT Act | Bogus Cash Sales & Rejection of Books Upheld
Facts of the Case
The
assessees were engaged in trading of gold and silver items.
Returns
were filed for AY 1998–99 declaring income/loss.
A search
under Section 132 was conducted on the Bamal...
Commissioner of Income Tax vs Select Infrastructure Pvt. Ltd. (2018:DHC:8330-DB) – Income Classification Between Business Income and House Property under the Income Tax Act
Facts of the
CaseThe Revenue filed multiple appeals against the
assessee, Select Infrastructure Pvt. Ltd., concerning the classification of
income. The core issue arose from the Income Tax Appellate Tribunal’s decis...
Commissioner of Income Tax vs Rajiv Gupta & Ajay Kumar Gupta (Delhi High Court) – Section 145(3) Rejection of Books in Bogus Cash Sales & Accommodation Entries
Facts of the CaseThe present appeals were filed by the Revenue against a
common order passed by the Income Tax Appellate Tribunal (ITAT) concerning
Assessment Year 1998–99. The respondents/assessees, Rajiv Gupta and ...
Commissioner of Income Tax vs Select Infrastructure Pvt. Ltd. | Delhi High Court | Section 22, 28, 32 Income Tax Act | Income Classification Between Business Income and House Property
Facts of the
CaseThe Revenue filed multiple appeals before the Delhi
High Court against the order of the Income Tax Appellate Tribunal (ITAT). The
core dispute arose from the classification of income earned by the ass...
M/s Dabur Invest Corp vs Additional Commissioner of Income Tax & Anr (2019) – Delhi High Court | Provisional Attachment under Section 281B Set Aside
Facts of the CaseThe Petitioner, M/s Dabur Invest Corp, a partnership firm,
entered into a joint venture agreement with a foreign company for promoting
Aviva Life Insurance Company India Ltd. The agreement involved rec...
Commissioner of Income Tax vs Select Infrastructure Pvt. Ltd. (Delhi High Court) – Bifurcation of Income under “Business Income” and “House Property”
Facts of the
CaseThe present matter involves multiple appeals filed
by the Revenue (Commissioner of Income Tax) against the respondent assessee,
Select Infrastructure Pvt. Ltd. The dispute arose from the classificatio...
Commissioner of Income Tax vs Gopal Das Estates & Housing Pvt. Ltd. (2019) – Section 37 & 260A Income Tax Act | Compensation on Surrender of Flats Held as Revenue Expenditur
Facts of
the Case
The
assessee, engaged in construction and sale of commercial spaces, developed
a multi-storey building.
It
followed the Completed Contract Method (CCM) for revenue
r...
PR. Commissioner of Income Tax vs M/s Sahara India Life Insurance Company Ltd (Delhi High Court) – Section 44 Insurance Income Computation, Reassessment u/s 147 & Penalty u/s 271(1)(c)
Facts of the CaseThe present matter involves multiple appeals filed by the
Revenue before the Delhi High Court against a common order passed by the Income
Tax Appellate Tribunal (ITAT) dated 31 October 2018 concerning ...