Knowledge Portal

Click here to explore deep insights, FAQs, and comprehensive tax guides.

Explore Now

PR. Commissioner of Income Tax (Central)-3, New Delhi vs M/s Agson Global Pvt. Ltd. (2022:DHC:234-DB) – Section 68, 153A & Bogus Purchases | Delhi High Court

Author
My Tax Expert
18/04/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 138
Read More »
 Facts of the CaseThe Revenue filed appeals under Section 260A challenging the order of the ITAT concerning multiple assessment years (AY 2012–13 to AY 2017–18). The case arose from: A search and seizu...

Commissioner of Income Tax (International Taxation)-2 vs Gracemac Corporation | Delhi High Court | Software Licensing Not Royalty u/s 9(1)(vi) IT Act r/w DTAA

Author
My Tax Expert
18/04/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 130
Read More »
Facts of the CaseThe present appeals were filed by the Revenue under Section 260A of the Income Tax Act, 1961 challenging the order of the Income Tax Appellate Tribunal (ITAT) for Assessment Years 2005-06 and 2007-08. ...

PR. Commissioner of Income Tax (Central)-3, New Delhi vs M/s Agson Global Pvt. Ltd. | Section 68, 153A & 260A Income Tax Act | Delhi High Court Judgment (2022:DHC:234-DB)

Author
My Tax Expert
18/04/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 133
Read More »
Facts of the CaseThe present appeals were filed by the Revenue under Section 260A challenging the order of the Income Tax Appellate Tribunal (ITAT) concerning six Assessment Years (AY 2012-13 to AY 2017-18). The case a...

Commissioner of Income Tax (International Taxation)-2 vs Gracemac Corporation | Delhi High Court | Software Licensing Not Royalty u/s 9(1)(vi) IT Act r/w DTAA

Author
My Tax Expert
18/04/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 136
Read More »
Facts of the CaseThe present appeals were filed by the Revenue under Section 260A of the Income Tax Act, 1961 challenging the order of the Income Tax Appellate Tribunal (ITAT) for Assessment Years 2005-06 and 2007-08. ...

Pr. Commissioner of Income Tax (Central)-3, New Delhi vs M/s Agson Global Pvt. Ltd. – Section 68, 153A & Bogus Purchases | Delhi High Court Judgment (2022:DHC:234-DB)

Author
My Tax Expert
18/04/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 135
Read More »
 Facts of the Case The assessee company filed returns for multiple assessment years (AY 2012–13 to AY 2017–18). A search and seizure operation was conducted on 21.03.2017. The Ass...

Mrs. Jayanti Dalmia vs Deputy Commissioner of Income Tax (Delhi High Court) – Penalty u/s 271(1)(b) for Non-Compliance of Notice u/s 142(1) Upheld

Author
My Tax Expert
18/04/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 135
Read More »
Facts of the CaseThe present appeals were filed by the assessee challenging the orders dated 31st October 2018 and 20th January 2022 passed by the Income Tax Appellate Tribunal (ITAT), wherein penalty under Section 271...

Mrs. Jayanti Dalmia vs Deputy Commissioner of Income Tax (Delhi High Court) – Penalty u/s 271(1)(b) for Non-Compliance of Notice u/s 142(1) Upheld Despite Denial of Foreign Bank Account

Author
My Tax Expert
18/04/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 138
Read More »
Facts of the CaseThe present appeals were filed by the assessee challenging the orders dated 31st October 2018 and 20th January 2022 passed by the Income Tax Appellate Tribunal (ITAT), whereby the Tribunal upheld the l...

PR. Commissioner of Income Tax (Central)-3, New Delhi vs M/s Agson Global Pvt. Ltd. | Delhi High Court | Section 68, 153A, 143(3) Income Tax Act – Share Capital, Bogus Purchases & Demonetization Cash Deposits

Author
My Tax Expert
18/04/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 143
Read More »
Facts of the CaseThe Revenue filed appeals under Section 260A against a common order of the ITAT concerning six assessment years (AY 2012–13 to AY 2017–18). The case involved three major additions: Share Cap...

Mrs. Jayanti Dalmia vs Deputy Commissioner of Income Tax (Delhi High Court) – Penalty under Section 271(1)(b) for Non-Compliance of Notice u/s 142(1) Upheld

Author
My Tax Expert
18/04/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 124
Read More »
Facts of the CaseThe present appeals were filed by the assessee challenging the orders of the Income Tax Appellate Tribunal (ITAT), which upheld the imposition of penalty under Section 271(1)(b) of the Income Tax Act, ...

Mrs. Jayanti Dalmia vs Deputy Commissioner of Income Tax – Penalty u/s 271(1)(b) for Non-Compliance of Notice u/s 142(1) of Income Tax Act Upheld by Delhi High Court

Author
My Tax Expert
18/04/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 132
Read More »
Facts of the CaseThe assessee filed multiple appeals before the Delhi High Court challenging the orders of the Income Tax Appellate Tribunal (ITAT), which had upheld the imposition of penalty under Section 271(1)(b) fo...