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Commissioner of Income Tax vs. Piyush Kaushik (ITA No. 854/2009): Maintainability of an Appeal Filed Against an ITAT Order Passed Under Section 254(2) regarding Rectification of Mistakes
Facts of the CaseThe Appellant, representing the Revenue department, approached
the High Court of Delhi by filing a statutory income tax appeal under the
provisions of the Income Tax Act, 1961. This appeal specifically...
M/s Parivar Seva Sanstha vs Director of Income Tax (Exemption) – Delhi High Court | Reasonableness of Salary Paid to Specified Persons under Sections 11, 13(1)(c) & 13(3) of the Income Tax Act, 1961
Facts of the Case
The assessee, Parivar Seva Sanstha, is a charitable
organisation engaged in family planning, maternal health, and child
healthcare activities.
The society was duly registered under...
Commissioner of Income Tax vs. Late Sh. Raj Pal Bhatia, Late Sh. Om Prakash Bhatia & Hakim Rai Bhatia (Delhi High Court) – Section 158BD Block Assessment Cannot Be Initiated Solely on Third-Party Statement Without Satisfaction Note
Facts of the
Case
A search under Section 132(1) was conducted at the premises of Shri
Sunil Charla and others at Malka Ganj, Delhi.
During the search, Smt. Suraksha Charla stated that the Golf Links
prop...
Commissioner of Income Tax vs. Great Eastern Exports & Connected Matters | Delhi High Court | Section 80IA(9), Section 80IB(13) & Section 80HHC Deduction Computation under Chapter VI-A
Facts of the CaseThe assessees were industrial undertakings and
business entities eligible for deductions under Sections 80IA and/or 80IB as
well as Section 80HHC of the Income-tax Act.The assessees claimed deduc...
Commissioner of Income Tax vs Assessee Company – Deduction of Cyclone Loss Allowed Despite Lower Insurance Claim | Delhi High Court
Facts of the
CaseThe appeal related to Assessment Year 1999-2000.
The assessee claimed deduction for losses suffered due to destruction of goods
in the cyclone that hit Kandla Port, where its stock was stored. The ass...
Commissioner of Income Tax-XII v. Harbir Singh [2011] 2011:DHC:324-DB (Delhi High Court)
Facts of the
CaseThe assessee was engaged in the business of
manufacturing silicon carbide waterproof paper.During a survey conducted under Section 133A of the
Income-tax Act, the assessee surrendered certain amounts ...
M/s Great Eastern Exports v. Commissioner of Income Tax & Connected Appeals – Deduction under Section 80HHC to be Computed After Reducing Deduction Already Allowed under Section 80IA/80IB | Delhi High Court
Facts of the CaseThe batch of appeals raised a common question
concerning the computation of deductions available under Chapter VI-A of the
Income-tax Act. The controversy arose where assessees had already claimed and
...
Commissioner of Income Tax-III vs Whirlpool of India Ltd. (Earlier Known as Kelvinator of India Ltd.) | Delhi High Court Dismisses Revenue Appeal Following Dismissal of Connected Appeal | ITA No. 46/2004
Facts
of the Case1.
The
Revenue filed the present appeal being ITA No. 46/2004 before the Delhi High
Court.2.
The
appeal arose from and was connected with...
Commissioner of Income Tax vs. Vasisth Chay Vyapar Ltd. | Delhi High Court | Interest on Non-Performing Assets (NPA) Not Taxable on Accrual Basis for NBFCs Under Section 45Q of RBI Act
Facts of the Case
The assessee, M/s Vasisth Chay Vyapar Ltd., was a Non-Banking
Financial Company (NBFC).
The assessee had advanced Inter-Corporate Deposits (ICDs) to M/s
Shaw Wallace & Company.
Int...
Commissioner of Income Tax vs OCL India Limited (Delhi High Court) – Consultancy Fees for Market Study: Revenue Expenditure vs Capital Expenditure under the Income-tax Act
Facts of the
CaseOCL India Limited was engaged in the business of
manufacturing cement, refractories, ammonium chloride and soda ash. To
strengthen its position in the cement industry and respond to increasing
compet...