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Pr. Commissioner of Income Tax (Central)-3 vs Surya Buildwell Pvt. Ltd. | Section 260A Income Tax Act | Delhi High Court | CBDT Circular No. 3/2018 | Revenue Appeal Dismissed on Low Tax Effect
Facts of the CaseThe Revenue preferred multiple income tax appeals before the
Delhi High Court against a consolidated order involving Surya Buildwell Pvt.
Ltd. The appeals were filed under Section 260A of the Income Ta...
Sigma Freudenberg NOK Pvt. Ltd. vs Commissioner of Income Tax Delhi & Anr. (Delhi High Court) – Restoration of Appeal & Right to Challenge Royalty Attribution, (Section 260A (Appeal to High Court))
Facts of the CaseThe appellant-assessee had filed appeals before the Delhi High
Court for Assessment Years 2003-04, 2004-05, and 2005-06. During the hearing,
the assessee chose not to press the appeals on account of sm...
Oscar Fernandes & Rahul Gandhi vs Assistant Commissioner of Income Tax & Principal Commissioner of Income Tax (Delhi High Court, 2018) – Writ Petitions Challenging Income Tax Proceedings Dismissed
FACTS OF THE CASE
The
petitioners approached the Delhi High Court by way of writ petitions under
Article 226.
The
petitions were filed against actions of the Income Tax Department.
Multiple
...
Sigma Freudenberg NOK Pvt. Ltd. vs Commissioner of Income Tax & Anr. | Delhi High Court | Restoration of Appeal & Royalty Attribution Issue, (Income tax act,1961)
Facts of the CaseThe assessee, Sigma Freudenberg NOK Pvt. Ltd., had filed
multiple appeals before the Delhi High Court for Assessment Years 2003-04,
2004-05, and 2005-06. During the hearing, the assessee chose not to p...
Sigma Freudenberg NOK Pvt. Ltd. vs Commissioner of Income Tax Delhi & Anr. – Withdrawal of Appeal Does Not Bar Future Adjudication on Merits under Income Tax Act,1961
Facts of the CaseThe appellant-assessee, Sigma Freudenberg NOK Pvt. Ltd.,
had filed multiple appeals concerning assessment years 2003-04, 2004-05, and
2005-06.During earlier proceedings dated 20 September 2018, t...
Principal Commissioner of Income Tax–7 vs Reebok India Company (2018) – Section 36(1)(iii) Interest Deduction on Unsecured Loans | Delhi High Court
Facts of the Case
The
assessee, Reebok India Company, had borrowed unsecured loans amounting to ₹502.69
crores and paid interest on them.
It
had also advanced ₹172.59 crores to third part...
PR. Commissioner of Income Tax (Central-3) vs Surya Buildwell Pvt. Ltd. | Delhi High Court | Low Tax Effect Appeals Dismissed under CBDT Circular No. 3/2018
Facts of the CaseThe Revenue filed multiple appeals (ITA Nos. 985, 988, 989,
990, 991, 992 of 2018) against Surya Buildwell Pvt. Ltd. arising from a common
consolidated order.At the outset, delay in filing and re-filin...
Ericsson India Pvt. Ltd. vs Additional Commissioner of Income Tax (Delhi High Court, 2018) – Jurisdiction of TPO under Section 271G & Timing of Default
Facts of the CaseThe petitioner, Ericsson India Pvt. Ltd., filed its return for
AY 2011–12 along with a transfer pricing report. The Transfer Pricing Officer
(TPO) issued a notice dated 18.02.2014 requiring productio...
Oscar Fernandes & Rahul Gandhi vs Assistant Commissioner of Income Tax & Principal Commissioner of Income Tax (Delhi High Court, 2018) – Writ Petitions Challenging Income Tax Proceedings Dismissed
FACTS OF THE CASE
The
petitioners approached the Delhi High Court by way of writ petitions under
Article 226.
The
petitions were filed against actions of the Income Tax Department.
Multiple
...
Pr. Commissioner of Income Tax (Central-1) vs Sahara India Limited (Delhi High Court) – Appeals Dismissed Due to Low Tax Effect under CBDT Circular No. 3/2018
Facts of the CaseThe Revenue filed multiple appeals before the Delhi High Court
against Sahara India Limited. During the hearing, the counsel for the Revenue
submitted that the tax effect involved in the appeals ...