Revenue Treatment of VRS Expenditure Affirmed in PI Industries Ltd. v. Assistant Commissioner of Income Tax Introduction The case of PI Industries Ltd. v. Assistant Commissioner of Income-tax,...
Interpretation of Section 2(22)(e) Revisited: Deemed Dividend and Current Accounts Between Related Parties NH Securities Ltd. v. Deputy Commissioner of Income-Tax, Cent. Cir. 40, Mumbai Court: Income...
Admission of Additional Evidence under Rule 46A: Shahrukh Khan v. Deputy Commissioner of Income-tax Introduction The case of Shahrukh Khan v. Deputy Commissioner of Income-tax, Spl. Rg. 21, Mumbai...
Strict Interpretation of Section 80-IB(10): Commercial Components and Distance Criteria in Housing Projects Introduction The case of Laukik Developers v. Deputy Commissioner of Income-tax, Circle-3,...
Retention Money and Income Accrual: Insights from Deputy Commissioner of Income-tax v. Spirax Marshall Ltd. Introduction The case of Deputy Commissioner of Income-tax, SR-3, Pune v. Spirax Marshall...
Reopening of Tax Assessment Under Section 147: A Landmark Judgment in Indian Syntans Investments (P.) Ltd. v. Deputy Commissioner of Income-tax Introduction The case of Deputy Commissioner of...
Establishing the 'Reason to Believe' Standard in Reassessment Proceedings under Section 148: Insights from the Income Tax Appellate Tribunal Decision in Income-tax Officer vs. Smt. Gurinder Kaur...
Date of Transfer in Development Agreements: Insights from Assistant Commissioner v. Geetadevi Pasari Introduction The case of Assistant Commissioner of Income-tax v. Mrs. Geetadevi Pasari adjudicated...
Depreciation on Vehicles: Distinction between Business Use and Hire Use – Sridevi Steel & Cement Stores v. I.T.O. Introduction The case of Sridevi Steel & Cement Stores v. Income-tax Officer, Ward-1,...
ITA Kamal Kishore Chandak v. Income-tax Officer: Upholding Assessee's Claims on Investment Utilization and Restricting Over-reliance on Stamp Duty Valuations under Section 50C 1. Introduction The...
Clarifying Jurisdiction and Procedural Validity under Section 263: Satish Kumar Keshri v. CIT (Technical) Introduction The case of Satish Kumar Keshri v. Income-tax Officer (Technical) revolves...
Principal-Agent Relationship Under Section 194H: Analysis of Assistant Commissioner v. Bharti Cellular Ltd Introduction The case of Assistant Commissioner of Income-tax, Circle-57, Kolkata v. Bharti...
Section 80-IA Deduction for Captive Power Units: West Coast Paper Mills Ltd. v. Assistant Commissioner of Income-tax Introduction The case of West Coast Paper Mills Ltd. v. Assistant Commissioner of...
NCK Sons Exports v. Income-tax Officer: Affirming Section 2(22)(e) Applicability to Trade Advances amidst Common Shareholding Introduction The case of NCK Sons Exports (P.) Ltd. v. Income-tax...
Autonomy of Industrial Units under Section 80-IA: Insights from Additional Commissioner of Income-tax v. Delhi Press Patra Prakashan Introduction The case of Additional Commissioner of Income-tax v....
ITA Upholds Mandatory Accounting Standards in NBFC Income Recognition Introduction The case of Joint Commissioner of Income-tax, Special Range-II, Chennai v. India Equipment Leasing Ltd. adjudicated...
Distinguishing Business Connection and Permanent Establishment: Insights from Western Union Financial Services Inc. v. Assistant Director of Income-tax Introduction The case of Western Union...
Precedent on Suo Motu Revision under Section 263: Mrs. Khatiza S. Oomerbhoy v. Income-tax Officer Introduction The case of Mrs. Khatiza S. Oomerbhoy v. Income-tax Officer, adjudicated by the Income...
ITA Upholds Non-Deductibility of Statutory Reserve Fund Contributions in National Heavy Engg. Co-operative Ltd. v. DCIT Introduction The case of National Heavy Engg. Co-operative Ltd. v. Deputy...
Taxation of Share Allotments and Expenditure Classification: Insights from Escorts Ltd. v. Assistant Commissioner of Income-tax Introduction The case of Escorts Ltd. v. Assistant Commissioner of...