Affirmation of 'Same Business' Test for Deduction of Pre-Operational Expenses: Kalyani Steels Ltd. v. Deputy Commissioner of Income-tax Introduction The case of Kalyani Steels Ltd. v. Deputy...
Taxation of Religious Endowments: Shri Shankar Bhagwan Estate v. Income-tax Officer Introduction The case of Shri Shankar Bhagwan Estate v. Income-tax Officer adjudicated by the Income Tax Appellate...
Sunflower Builders Pvt. Ltd. v. Deputy Commissioner of Income Tax: Clarifying the Scope of Section 269SS and Penalty Under Section 271D Introduction The case of Sunflower Builders Pvt. Ltd. v. Deputy...
Amar Natvarlal Shah v. Assistant Commissioner of Income-tax: Landmark Rulings on Unexplained Income and Asset Declaration Introduction The case of Amar Natvarlal Shah v. Assistant Commissioner of...
Estimation of Gross Profit and Disallowance of Cash Payments: Insights from P.M. Abdul Razak v. Income-tax Officer Introduction The case of P.M. Abdul Razak v. Income-tax Officer adjudicated by the...
Deductibility of Ex-Gratia Payments vs Statutory Bonus under Income Tax Act: Insights from Deputy Commissioner of Income-tax v. Kicha Sugar Co. Ltd. Introduction The landmark case of Deputy...
Vijay Proteins Ltd. v. Assistant Commissioner of Income-tax: Establishing the Rigorous Burden of Proof and Exceptions under Section 40A(3) Introduction The case of Vijay Proteins Ltd. v. Assistant...
Recognition of Ascertained Liabilities Over Contingent Liabilities in Tax Deductions: Insights from Bharat Electronics Ltd. v. Deputy Commissioner of Income-tax Introduction The judicial landscape of...
Necessity of Corroborative Evidence in Proving Concealed Sales: Insights from ACIT v. Prabhat Oil Mills Introduction The case of Assistant Commissioner of Income-tax v. Prabhat Oil Mills adjudicated...
Section 68 Invocation and Double Taxation: Analysis of Kantilal & Bros. v. Assistant Commissioner of Income-tax Introduction The case of Kantilal & Bros. v. Assistant Commissioner of Income-tax...
Affidavit Retractions and Evidentiary Standards in Income Tax Assessments: Deepchand & Co. v. Assistant Commissioner of Income-tax Introduction The case of Deepchand & Co. v. Assistant Commissioner...
Interpretation of Section 80HHC: Apportionment of Export Profits for Tax Deductions Introduction The case of International Research Park Laboratories Ltd. v. Assistant Commissioner of Income-tax...
Retrospective Application of Section 43B Proviso: Enhancing Taxpayer Protections 1. Introduction The case Commissioner of Income-tax v. Chandulal Venichand adjudicated by the Income Tax Appellate...
Nuchem Ltd. v. Deputy Commissioner of Income-tax: Clarifying the Applicability of Explanation 1 to Section 271(1)(c) in Penalty Proceedings Introduction The case of Nuchem Ltd. v. Deputy Commissioner...
Balaji Textile Industries v. CIT(A): Upholding Legitimate Business Deductions Amid Alleged Sham Transactions Introduction The case of Balaji Textile Industries (P.) Ltd. v. Third Income-tax Officer...
Strict Evidentiary Standards in Assessing 'On-Money' in Real Estate Transactions: Commentary on Income-tax Officer v. W.D. Estate (P.) Ltd. Introduction The case of Income-tax Officer v. W.D. Estate...
Unsigned Documents Do Not Create Presumptions of Income: Analysis of Assistant Commissioner of Income-tax v. Sri Radheshyam Poddar Introduction The case of Assistant Commissioner of Income-tax v. Sri...
Deductibility of Increased Purchase Price under Quasi-Contractual Supply: Analysis of Deputy Commissioner Of Income Tax v. Jayant Paper Mills Ltd. Introduction The case of Deputy Commissioner Of...
Ashwani Kumar v. Income-tax Officer: Presumption Under Section 132(4A) and Its Implications Introduction The case of Ashwani Kumar v. Income-tax Officer adjudicated by the Income Tax Appellate...
Interpretation and Retroactivity of Section 43B under the Income Tax Act: Insights from Rishi Roop Chemical Co. Pvt. Ltd. v. Income Tax Officer Introduction The case of Rishi Roop Chemical Co. Pvt....