Royalty Arising in India under Article 12(7) of Indo-Singapore DTAA: Set Satellite (Singapore) Pte. Ltd. v. Additional Director of Income-tax Introduction The case of Set Satellite (Singapore) Pte....
Recognition of Deferred Income from Timeshare Membership Fees: Insights from M/s Mahindra Holidays & Resorts v. ACIT, Chennai Introduction The case of M/s Mahindra Holidays & Resorts (India) Ltd.,...
Taxation of Fees for Technical Services: Ashapura Minichem Ltd. v. Assistant Director of Income-tax Introduction The case of Ashapura Minichem Ltd. v. Assistant Director of Income-tax, International...
Establishing Authority to Reopen Income Tax Assessments Under Section 147: Commentary on Asstt. Commissioner Of Income Tax-11(2), Mumbai v. Kanga & Co. Introduction The case of Asstt. Commissioner Of...
Non-Taxation of Strategic Consulting Services under India-Switzerland DTAA: Room No. 120, Scindia House, Ballard Estate N.M. Road Mumbai v. Preroy A.G. Introduction The case of Room No. 120, Scindia...
Ensuring Arm's Length Profitability in Transfer Pricing: Insights from Tweezerman (India) Ltd. v. Addl. CIT Introduction The case of Tweezerman (India) (P.) Ltd. v. Additional Commissioner of Income...
Clarification on Section 2(22)(e) of the Income-tax Act: Deemed Dividend Applicability to Non-Shareholders Introduction The case of M/S MTAR Technologies (P) Ltd. Hyderabad v. ACIT, Circle 14(2)...
Tribunal Upholds Long Term Capital Gains Exemption in Income-Tax Officer, Firozabad v. Bibi Rani Bansal Introduction The case of Income-Tax Officer, Firozabad v. Bibi Rani Bansal adjudicated on April...
Comparable Uncontrolled Price Method and Comprehensive Transfer Pricing Adjustments: Insights from Intervet India (P.) Ltd. v. Assistant Commissioner of Income-tax Introduction The case of Intervet...
Unaccounted Sales and Set-Off Provisions: Insights from V. R. Textiles v. Joint Commissioner of Income-tax Introduction The case of V. R. Textiles v. Joint Commissioner of Income-tax adjudicated by...
Mutuality and Reasonable Cause: ITAT Clears Cooperative Society from Income Tax Penalties on Cash Transactions Introduction In the case of The Citizen Co-Operative Society Limited, Hyderabad v. The...
Affirmation of Plot Area Calculation for Tax Deductions under Section 80-IB(10): Bunty Builders v. Income-tax Officer Introduction The case of Bunty Builders v. Income-tax Officer, Ward 2(2), Pune...
Set-Off of Non-Eligible Unit Losses Against Section 10A Eligible Unit Profits: Insights from Scientific Atlanta India Technology (P.) Ltd. v. ACIT Introduction The case of Scientific Atlanta India...
Section 153C Applicability in Income Tax Assessments – Assistant Commissioner of Income-tax v. Gambhir Silk Mills 1. Introduction The case of Assistant Commissioner of Income-tax v. Gambhir Silk...
Sugamchand C. Shah v. Assistant Commissioner of Income-tax: Clarifying the Distinction Between Business Income and Capital Gains from Share Transactions Introduction The case of Sugamchand C. Shah v....
Comprehensive Analysis of Deputy Commissioner of Income-Tax v. Sushil Kumar Jain: Clarifying Assessment Procedures under Section 153A Introduction The case of Deputy Commissioner of Income-Tax,...
ITA Confirms Validity of Reassessment and Reiterates 'Wholly and Exclusively' Criterion for Advertisement Expenses Introduction The case of M.P. Ramachandran vs. Dcit, Central Circle - 8, Mumbai was...
Reaffirmation of Reassessment Jurisdiction and Dual Deductions Restrictions: Analysis of Income-Tax Officer, Coy. Circle v. 13(2), New Delhi Introduction The case of Income-Tax Officer, Coy. Circle...
Clarifying the Scope of Section 153A Assessments: Anil Kumar Bhatia v. Assistant Commissioner of Income-tax Introduction The case of Anil Kumar Bhatia v. Assistant Commissioner of Income-tax...
Rigorous Scrutiny of Share Capital Transactions: Insights from M/S. Amtrac Automotive India Pvt. Ltd. v. ACIT Introduction The case of M/S. Amtrac Automotive India Pvt. Ltd. v. Assessing Officer,...