Clarifying Market Value and Operational Income for Section 80-IA Deduction: Godavari Power & Ispat Ltd. v. Assistant Commissioner of Income-tax Introduction The case of Assistant Commissioner of...
Strengthening Burden of Proof under Section 68: Insights from M/S Agrawal Coal Corp. Ltd. v. Addl. CIT Indore Introduction The case of M/S Agrawal Coal Corporation P. Ltd. Indore v. Addl....
Disallowance of Excise Duty Deduction Under Section 43B in Chetna Zarda Company v. CIT Introduction In the landmark case of Chetna Zarda Company v. Commissioner of Income Tax (CIT), adjudicated by...
Revised Returns and Depreciation Method Options: Insights from CIT v. Ushdev International Ltd. Judgment Introduction The case CIT v. Ushdev International Ltd. adjudicated by the Income Tax Appellate...
Amway India Enterprises Pvt. Ltd. v. CIT: Clarifying Leasehold Improvement Expenses and Section 14A Disallowance Introduction The case of Amway India Enterprises Pvt. Ltd. v. Commissioner of Income...
Clarification on Applicable TDS Provisions: Deputy Commissioner of Income-tax v. S.K. Tekriwal Introduction The case of Deputy Commissioner of Income-tax, Circle-33, Kolkata v. S.K. Tekriwal deals...
Penalization Under Section 271(1)(c) Requires Clear Evidence of Concealment: Insights from Ito v. Bhagwan Das Thawarni Introduction Ito v. Bhagwan Das Thawarni is a pivotal case adjudicated by the...
Substantiation of Business Expenses and Treatment of Amalgamated Companies' Losses: Comprehensive Commentary on A.C.I.T Circle-2, Alwar v. M/S Vijay Solvex Ltd. Introduction The case A.C.I.T...
ITAT Decision in Guy Carpenter & Co. Ltd. v. Adit: Clarifying the Scope of Fees for Technical Services under Indian DTAA with UK Introduction The case of Guy Carpenter & Co. Ltd., C/O Price Water...
Deductibility of Portfolio Management Fees in Capital Gains: The ITAT's Stance in Homi K. Bhabha v. Ito Introduction The case of Homi K. Bhabha v. Ito adjudicated by the Income Tax Appellate Tribunal...
Saif Ali Khan v. Assistant Commissioner of Income-tax: Precedent on Reopening Assessments Introduction The case of Saif Ali Khan Mansurali v. Assistant Commissioner of Income-tax addresses...
Dresser Rand India Pvt. Ltd. v. CIT: Pioneering Rulings on Cost Contribution Arrangements and Transfer Pricing 1. Introduction The case of Dresser Rand India Pvt. Ltd. v. Comptroller and Auditor...
Misapplication of Section 139(1) in Reassessment: Insights from Cebon India Ltd. v. Assistant Commissioner of Income-tax Introduction Cebon India Ltd. v. Assistant Commissioner of Income-tax is a...
Independent Verification Required for Reassessment Proceedings: ITO, Bulandshahr v. Sri Vijendra Kumar 1. Introduction The case of ITO, Bulandshahr v. Sri Vijendra Kumar adjudicated by the Income Tax...
Eligibility Criteria under Section 80IB(10): Insights from Sky Builders & Developers v. Income-tax Officer, Bhopal Introduction The case of Sky Builders & Developers v. Income-tax Officer, Ward-1(1),...
Emersons Process Management India v. Additional Commissioner of Income-tax: Affirming Deduction for Obsolete Inventory Write-Offs Introduction The case of Emersons Process Management India (P.) Ltd....
Genisys Integrating Systems v. CIT: New Precedents in Transfer Pricing Adjustments Introduction The case of Genisys Integrating Systems (India) Pvt. Ltd. v. Commissioner of Income Tax (CIT)...
Capitalization of Sales Tax Subsidies and Eligibility for Additional Depreciation: Insights from Cosmo Films Ltd. v. Deputy Commissioner of Income-tax Introduction The case of Deputy Commissioner of...
Affirmation of Project Completion Method and Eligibility for Section 80-IB(10) Deductions Introduction The case of Haware Constructions Pvt. Ltd., Navi Mumbai v. ITO dealt with critical issues...
Clarifying Developer Status for Section 80IA(4) Deductions: Om Metals Infraprojects Ltd. v. The Addl. CIT, Jaipur Introduction The case of Om Metals Infraprojects Ltd. v. The Additional Commissioner...