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Income Tax Appellate Tribunal Case Commentaries

Deputy Commissioner v. Glaxo Smithkline: Landmark Rulings on Section 43B of the Income-tax Act

Deputy Commissioner v. Glaxo Smithkline: Landmark Rulings on Section 43B of the Income-tax Act

Date: Jul 21, 2007
Deputy Commissioner v. Glaxo Smithkline: Landmark Rulings on Section 43B of the Income-tax Act Introduction The case of Deputy Commissioner of Income-tax, Circle 4(1) v. Glaxo Smithkline Consumer...
Aztec Software v. Assistant Commissioner of Income-Tax: Redefining Burden of Proof in Transfer Pricing

Aztec Software v. Assistant Commissioner of Income-Tax: Redefining Burden of Proof in Transfer Pricing

Date: Jul 13, 2007
Aztec Software & Technology Services Ltd. v. Assistant Commissioner of Income-Tax: Redefining Burden of Proof in Transfer Pricing Introduction The landmark case of Aztec Software & Technology...
Tribunal Affirms Deletion of Undisclosed Income Addition Following Retraction of Section 132(4) Statement

Tribunal Affirms Deletion of Undisclosed Income Addition Following Retraction of Section 132(4) Statement

Date: Jul 7, 2007
Tribunal Affirms Deletion of Undisclosed Income Addition Following Retraction of Section 132(4) Statement Introduction The case of Deputy Commissioner of Income-tax, Circle 6(1), Ahmedabad v. Pramukh...
Validation of Jurisdiction Under Section 158BD: Insights from Assistant Commissioner of Income-tax, Yamuna Nagar v. Kishore Lal Balwant Rai

Validation of Jurisdiction Under Section 158BD: Insights from Assistant Commissioner of Income-tax, Yamuna Nagar v. Kishore Lal Balwant Rai

Date: Jun 30, 2007
Validation of Jurisdiction Under Section 158BD: Insights from Assistant Commissioner of Income-tax, Yamuna Nagar v. Kishore Lal Balwant Rai Introduction The case of Assistant Commissioner of...
Re-defining Ownership for Tax Benefits: Radhe Developers v. Income Tax Officer Judgment on Section 80-IB(10) Deductions

Re-defining Ownership for Tax Benefits: Radhe Developers v. Income Tax Officer Judgment on Section 80-IB(10) Deductions

Date: Jun 30, 2007
Re-defining Ownership for Tax Benefits: Radhe Developers v. Income Tax Officer Judgment on Section 80-IB(10) Deductions Introduction The case of Radhe Developers v. Income Tax Officer adjudicated by...
Sumaraj Seafoods Judgment: Profit Attribution for Section 80-IB(3)(ii) Deductions in Cold Storage Operations

Sumaraj Seafoods Judgment: Profit Attribution for Section 80-IB(3)(ii) Deductions in Cold Storage Operations

Date: Jun 27, 2007
Sumaraj Seafoods Judgment: Profit Attribution for Section 80-IB(3)(ii) Deductions in Cold Storage Operations Introduction The case of Sumaraj Seafoods (P.) Ltd. v. Income-tax Officer, Ward 2(3)(2),...
Reinforcing the Burden of Proof in Income Tax Assessments: Insights from Ms. Shyam Lata Kaushik v. Assistant Commissioner of Income-Tax

Reinforcing the Burden of Proof in Income Tax Assessments: Insights from Ms. Shyam Lata Kaushik v. Assistant Commissioner of Income-Tax

Date: Jun 23, 2007
Reinforcing the Burden of Proof in Income Tax Assessments: Insights from Ms. Shyam Lata Kaushik v. Assistant Commissioner of Income-Tax Introduction The case of Ms. Shyam Lata Kaushik v. Assistant...
Jindal Steel & Power Ltd. Judgment: Defining Market Value under Section 80-IA and Proper Accounting of Deposits

Jindal Steel & Power Ltd. Judgment: Defining Market Value under Section 80-IA and Proper Accounting of Deposits

Date: Jun 8, 2007
Jindal Steel & Power Ltd. Judgment: Defining Market Value under Section 80-IA and Proper Accounting of Deposits Introduction The case of Additional Commissioner of Income-tax, Hisar Range, Hisar v....
Interpretation of Section 23(1)(c) for Computation of Annual Letting Value of Vacant Properties

Interpretation of Section 23(1)(c) for Computation of Annual Letting Value of Vacant Properties

Date: Jun 1, 2007
Interpretation of Section 23(1)(c) for Computation of Annual Letting Value of Vacant Properties Introduction The case of Premsudha Exports (P.) Ltd. v. Assistant Commissioner of Income-tax, Central...
Reaffirming Business Income Classification in Mall Management: Pfh Mall & Retail Management Ltd. v. Income-tax Officer

Reaffirming Business Income Classification in Mall Management: Pfh Mall & Retail Management Ltd. v. Income-tax Officer

Date: May 12, 2007
Reaffirming Business Income Classification in Mall Management: Pfh Mall & Retail Management Ltd. v. Income-tax Officer Introduction The case of Pfh Mall & Retail Management Ltd. v. Income-tax...
Dependent Agent Permanent Establishment Taxation: Affirmation of Profits Attribution Beyond Arm's Length Remuneration

Dependent Agent Permanent Establishment Taxation: Affirmation of Profits Attribution Beyond Arm's Length Remuneration

Date: Apr 21, 2007
Dependent Agent Permanent Establishment Taxation: Affirmation of Profits Attribution Beyond Arm's Length Remuneration Introduction The case of Deputy Director of Income-tax, International Taxation,...
Interpretation of "a Residential House" under Sections 54 and 54F: ITAT's Definitive Ruling

Interpretation of "a Residential House" under Sections 54 and 54F: ITAT's Definitive Ruling

Date: Apr 18, 2007
Interpretation of "a Residential House" under Sections 54 and 54F: ITAT's Definitive Ruling Introduction The case of Income-tax Officer, Ward-19(3)-4, Mumbai v. Ms. Sushila M. Jhaveri (ITA No....
Commissioner of Income-tax v. Shiv Rattan Soni: Validity of Notices under Section 148 Post Search and Seizure

Commissioner of Income-tax v. Shiv Rattan Soni: Validity of Notices under Section 148 Post Search and Seizure

Date: Mar 29, 2007
Commissioner of Income-tax v. Shiv Rattan Soni: Validity of Notices under Section 148 Post Search and Seizure Disclaimer: This commentary is intended for informational purposes only and does not...
Appellate Authority's Discretion under Section 250(4) vs. Rule 46A: Insights from Income-tax Officer, Wd. 13(2)(1), Mumbai v. Industrial Roadways

Appellate Authority's Discretion under Section 250(4) vs. Rule 46A: Insights from Income-tax Officer, Wd. 13(2)(1), Mumbai v. Industrial Roadways

Date: Mar 28, 2007
Appellate Authority's Discretion under Section 250(4) vs. Rule 46A: Insights from Income-tax Officer, Wd. 13(2)(1), Mumbai v. Industrial Roadways Introduction The case of Income-tax Officer, Wd....
Affirmation of Deductibility of Genuine Third Party Commissions and Enhanced Role of CBDT Circulars – Chicago Pneumatic India Ltd. v. Deputy Commissioner of Income-Tax

Affirmation of Deductibility of Genuine Third Party Commissions and Enhanced Role of CBDT Circulars – Chicago Pneumatic India Ltd. v. Deputy Commissioner of Income-Tax

Date: Mar 24, 2007
Affirmation of Deductibility of Genuine Third Party Commissions and Enhanced Role of CBDT Circulars – Chicago Pneumatic India Ltd. v. Deputy Commissioner of Income-Tax Introduction The case of...
Determining the Nature of Expenditure under Income Tax Law: Insights from Glaxo Smith Kline Consumer Healthcare Ltd. v. Assistant Commissioner of Income-tax

Determining the Nature of Expenditure under Income Tax Law: Insights from Glaxo Smith Kline Consumer Healthcare Ltd. v. Assistant Commissioner of Income-tax

Date: Mar 22, 2007
Determining the Nature of Expenditure under Income Tax Law: Insights from Glaxo Smith Kline Consumer Healthcare Ltd. v. Assistant Commissioner of Income-tax Introduction The case of Glaxo Smith Kline...
Section 80HHC Deductions Must Be Based on Regular Income-Tax Profits, Not Adjusted Book Profits Under Section 115JA: Syncome Formulations Judgment Analysis

Section 80HHC Deductions Must Be Based on Regular Income-Tax Profits, Not Adjusted Book Profits Under Section 115JA: Syncome Formulations Judgment Analysis

Date: Mar 15, 2007
Section 80HHC Deductions Must Be Based on Regular Income-Tax Profits, Not Adjusted Book Profits Under Section 115JA: Syncome Formulations Judgment Analysis Introduction The case of Deputy...
Exclusion of Deferred Tax Charges and Dividend Tax from MAT Book Profit under Section 115JB: Balarampur Chini Mills Ltd. Judgment Analysis

Exclusion of Deferred Tax Charges and Dividend Tax from MAT Book Profit under Section 115JB: Balarampur Chini Mills Ltd. Judgment Analysis

Date: Mar 10, 2007
Exclusion of Deferred Tax Charges and Dividend Tax from MAT Book Profit under Section 115JB: Balarampur Chini Mills Ltd. Judgment Analysis Introduction The case of Assistant Commissioner of...
Section 50C: Limitation on Applicability in Unregistered Sale Agreements – Navneet Kumar Thakkar v. Income-tax Officer

Section 50C: Limitation on Applicability in Unregistered Sale Agreements – Navneet Kumar Thakkar v. Income-tax Officer

Date: Mar 9, 2007
Section 50C: Limitation on Applicability in Unregistered Sale Agreements – Navneet Kumar Thakkar v. Income-tax Officer Introduction The case of Navneet Kumar Thakkar vs. Income-tax Officer, Ward-4...
Tribunal Upholds Discretion to Admit Additional Grounds of Appeal in Income Tax Proceedings

Tribunal Upholds Discretion to Admit Additional Grounds of Appeal in Income Tax Proceedings

Date: Mar 7, 2007
Tribunal Upholds Discretion to Admit Additional Grounds of Appeal in Income Tax Proceedings Introduction The case of Assistant Commissioner of Income-tax v. DHL Operations BV adjudicated by the...
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