Interpretation and Application of Section 80-IB(10) in Housing Projects: Saroj Sales Organisation v. Income Tax Officer Introduction The case of Saroj Sales Organisation v. Income Tax Officer...
Recognition of Advance Fees as Income under Cash Accounting System: Insights from K.K. Khullar v. Deputy Commissioner of Income-tax Introduction The case of K.K. Khullar v. Deputy Commissioner of...
Clarification on "Export Turnover" Calculation under Section 10A: Patni Telecom v. Income-tax Officer Introduction The case of Patni Telecom (P.) Ltd. v. Income-tax Officer, Ward 1(1), Hyderabad...
Investment Subsidies and Depreciation: Insights from Sasisri Extractions Limited v. Assistant Commissioner of Income-tax 1. Introduction The case of Sasisri Extractions Limited v. Assistant...
Clarification on the Applicability of Section 43B to Service Tax Payments: Real Image Media Technologies Case 1. Introduction The case of Assistant Commissioner of Income-tax, Media Circle-II,...
Restricting Reassessment of Concluded Assessments: LMJ International Ltd. v. Deputy Commissioner of Income-tax Introduction The case of LMJ International Ltd. v. Deputy Commissioner of Income-tax,...
Recognition of Commercial Rights as Intangible Assets: Insights from Skyline Caterers (P.) Ltd. v. Income-tax Officer Introduction The case of Skyline Caterers (P.) Ltd. v. Income-tax Officer,...
Distinguishing Business Income from Capital Gains in Share Transactions: Insights from Sarnath Infrastructure (P.) Ltd. v. Assistant Commissioner of Income-tax Introduction The case of Sarnath...
Limitations of Estimating Income Based on Electricity Consumption: Commentary on Deputy Commissioner of Income-tax v. Royal Marwar Tobacco Product (P.) Ltd. Introduction The case of Deputy...
Establishing Permanent Establishment through Dependent Agents and Arm’s Length Remuneration: Insight from Galileo International Inc. v. Deputy Commissioner of Income-tax Introduction The case of...
P. Srinivas Naik vs. Assistant Commissioner of Income Tax: Clarifying Jurisdiction under Section 153C Introduction The case of P. Srinivas Naik v. Assistant Commissioner of Income-tax, Central...
Clarifying Deduction Eligibility Under Section 10A: Insights from I Gate Global Solutions Ltd. v. Assistant Commissioner of Income-tax Introduction The case of I Gate Global Solutions Ltd. v....
Mentor Graphics (Noida) Pvt. Ltd. v. DCIT: Reaffirmation of FAR Analysis in Transfer Pricing Introduction The case of Mentor Graphics (Noida) Pvt. Ltd. v. Deputy Commissioner of Income-tax, Circle...
Clarifying Section 80-IA: Option for Initial Assessment Year and Non-Set Off of Prior Losses Introduction The case of Mohan Breweries & Distilleries Ltd. v. Assistant Commissioner of Income-tax,...
Denial of Section 11 Exemption for Educational Institutions Engaging in Capitation Fee Collection Introduction The case of Vodithala Education Society v. Assistant Director of Income-tax (Exemptions)...
Mutual Fund Transactions Recognized as Capital Gains and Interest Exempted under Mutuality: Bombay Gymkhana Ltd. v. Income-tax Officer Introduction The case of Bombay Gymkhana Ltd. v. Income-tax...
Deductibility of NPA Provisions by NBFCs Under Income-tax Act: Insights from New India Industries Ltd. v. Assistant Commissioner of Income-tax Introduction The case of New India Industries Ltd. v....
Time Bar on Section 143(2) Notices Affirmed: A Precedent from Aurangabad Holiday Resorts Case Introduction The case of Assistant Commissioner of Income-tax, Aurangabad (Central) v. Aurangabad Holiday...
Deeming of Registration Under Section 12AA Upon Non-Passing of Commissioner’s Order: A Landmark Judgment Introduction The case of Bhagwad Swarup Shri Shri Devraha Baba Memorial Shri Hari Parmarth...
Clarifying Expense Allocation Between Integrated Units Under Sections 80-I and 80-IA: ITAT's Landmark Ruling in Additional Commissioner of Income-tax v. National Thermal Power Corpn. Ltd....