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ITAT Delhi in the case of M/s. Divya Creations Versus The ACIT
Case Covered: M/s. Divya Creations Versus The ACIT Facts of the case: This appeal by the assessee has been directed against the Order of the Ld. CIT(A)-1, Noida, Dated 30.06.2017, for the A.Y. 2014-2015, challenging the addition of Rs.13,67,739/-. The A.O. on perusal of Schedule-18
New Delhi Television Ltd. Vs. Deputy Commissioner of Income Tax
A. What it is about? In a major relief to media company New Delhi Television Ltd (NDTV), the Supreme Court on 03.04.2020 allowed its appeal to quash the notice issued by the Income Tax Department seeking to re-open it income assessment for the financial
Bombay HC in the case of Principal Commissioner of Income Tax Versus Alag Securities Pvt. Ltd.
Case Covered: Principal Commissioner of Income Tax Versus Alag Securities Pvt. Ltd. Facts of the case: This appeal under Section 260-A of the Income Tax Act, 1961 (briefly ‘the Act’ hereinafter) has been preferred by the Revenue assailing the order dated 18.11.2016 passed by the
Maharashtra State Warehousing Corporation Versus DCIT & ITR Changes
Maharashtra State Warehousing Corporation Versus DCIT Business loss on giving effect to ITAT’s order to be carried forward even if no claim raised in subsequent ITRs. TOPIC A: – MAHARASHTRA STATE WAREHOUSING CORPORATION VS. DCIT ITA NOS.: 2366 TO 2399/PUNE/2017 1. Hon’ble Supreme Court, in
Join our course starting from 27th April on Interpretation of statutes, Constitution and writ remedies in the context of Taxation laws by Adv. Vinay Shraff
About the course: This course is intended for the Advocates, CAs, CMAs, CSs to understand the principles of interpretation of taxation statutes, articles of the Constitution of India relevant to the taxation laws, and writ remedies to approach High Court and Supreme Court against Government’s
No recovery from the Directors
Case Covered: SONAL NIMISH PATEL Versus ASSISTANT COMMISSIONER OF INCOME TAX Read the full text of the case here. Facts of the case: At the relevant point of time, the directors of the assessee company were Smt. Sonal Nimish Patel and Smt. Ashita Nilesh Patel. Further, it is noticed from the records of the company that there are no recoverable assets in
Gujarat HC in the case of Sonal Nimish Patel Versus Assistant Commissioner of Income Tax
IN THE HIGH COURT OF GUJARAT AT AHMEDABAD R/SPECIAL CIVIL APPLICATION NO. 3947 of 2019 SONAL NIMISH PATEL Versus ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 4(1)(2) Appearance: MR B S SOPARKAR(6851) for the Petitioner(s) No. 1 MR.M.R.BHATT, SENIOR ADVOCATE WITH MRS MAUNA M BHATT(174) for
HC Upholds constitutional validity of Sec 234E imposing a late fine on TDS TCS statement
Case Covered: Qatalys Software Technologies Private Limited Versus Union of India Read the full text of the case here. Facts of the case: W.P.Nos.13331, 13118 and 13377 of 2019 have been filed by Qatalys Software Technologies Private Limited, QSource Global Consulting Private Limited and Jeans
Madras HC in the case of Qatalys Software Technologies Private Limited
Citations: OM PRAKASH AGARWAL AND OTHERS Vs. GIRI RAJ KISHORI AND OTHERS {1986 (1) SCC -722} RASHMIKANT KUNDALIA Vs. UNION OF INDIA {(2015) Sona Chandi Oal Committee v. State of Maharashtra B.S.E. Brokers’ Forum v. Securities and Exchange Board of India Sreenivasa General Traders
SC decision in case of NDTV
Case Covered: New Delhi Television Ltd. Versus Deputy Commissioner of Income Tax Facts of the case: The appellant New Delhi Television Limited (hereinafter referred to as ‘the assessee ’) is an Indian company engaged in running television channels of various kinds. It has various foreign subsidiaries to which we shall refer in detail later on but we are concerned mainly with the subsidiary based in the United Kingdom
New Delhi Television Ltd. V/s. Deputy Commissioner of Income Tax
Citations: Section 143 of the Income Tax Act, 1961 Claggett Brachi Co. Ltd., London vs. Commissioner of Income Tax, Andhra Pradesh M/s Phool Chand Bajrang Lal and Another vs. Income Tax Officer and Another Ess Kay Engineering Co.(P) Ltd. vs. Commissioner of Income Tax, Amritsar Honda Siel Power Products
Stamp Value will be considered as Full Consideration only If Payment was made through Bank on or before the Date of Transfer
Case Covered: Jagdish Dhanajirao Jadhav Versus The Income Tax Officer Facts of the case: The brief facts in the case are that the assessee is an individual engaged in the business of sale of construction material and labor contract in the name of M/s. Kamal