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Ericsson India Pvt. Ltd. vs Additional Commissioner of Income Tax (Delhi High Court, 2018) – Jurisdiction of TPO under Section 271G & Timing of Default
Facts of the CaseThe petitioner, Ericsson India Pvt. Ltd., filed its return for
AY 2011–12 along with a transfer pricing report. The Transfer Pricing Officer
(TPO) issued a notice dated 18.02.2014 requiring productio...
Oscar Fernandes & Rahul Gandhi vs Assistant Commissioner of Income Tax & Principal Commissioner of Income Tax (Delhi High Court, 2018) – Writ Petitions Challenging Income Tax Proceedings Dismissed
FACTS OF THE CASE
The
petitioners approached the Delhi High Court by way of writ petitions under
Article 226.
The
petitions were filed against actions of the Income Tax Department.
Multiple
...
Pr. Commissioner of Income Tax (Central-1) vs Sahara India Limited (Delhi High Court) – Appeals Dismissed Due to Low Tax Effect under CBDT Circular No. 3/2018
Facts of the CaseThe Revenue filed multiple appeals before the Delhi High Court
against Sahara India Limited. During the hearing, the counsel for the Revenue
submitted that the tax effect involved in the appeals ...
Sonia Gandhi & Ors. vs Assistant Commissioner of Income Tax & Ors. (2018) – Reassessment under Sections 147/148 and Applicability of Section 56(2)(vii) of Income Tax Act
Facts of the CaseThe case revolves around reassessment proceedings initiated
against Sonia Gandhi, Rahul Gandhi, and Oscar Fernandes for AY 2011–12.
The
Indian National Congress (INC) had advanced approx...
Oscar Fernandes & Rahul Gandhi vs Income Tax Authorities (Assistant Commissioner of Income Tax & Ors.) | Delhi High Court | W.P.(C) 8483/2018 & Connected Matters (2018:DHC:5799-DB)
Facts of the CaseThe present writ petitions were filed by the petitioners, Oscar
Fernandes and Rahul Gandhi, before the Delhi High Court challenging
proceedings initiated by the Income Tax Authorities. The matters aros...
Principal Commissioner of Income Tax–4 vs Galgotia Software Pvt. Ltd. & Anr. (2018) – Tax Effect Below ₹50 Lakhs | CBDT Circular No. 3/2018 | Delhi High Court
Facts of the CaseThe present matter involves two appeals filed by the Revenue
before the Delhi High Court against Galgotia Software Pvt. Ltd. and Galgotia
Books & Department Store Pvt. Ltd.. The appeals were ...
PR. Commissioner of Income Tax-4 vs Galgotia Software Pvt. Ltd. & Anr. (Delhi High Court, 2018) – Appeal Dismissed Due to Low Tax Effect under CBDT Circular No. 3/2018
Facts of the CaseThe Revenue (Principal Commissioner of Income Tax-4) filed appeals
before the Delhi High Court against:
Galgotia
Software Pvt. Ltd.
Galgotia
Books & Department Store Pvt. Ltd....
PR. Commissioner of Income Tax (Central-3) vs Surya Buildwell Pvt. Ltd. | Delhi High Court | Low Tax Effect Appeals Dismissed under CBDT Circular No. 3/2018
Facts of the CaseThe Revenue (Principal Commissioner of Income Tax,
Central-3) filed multiple appeals before the Delhi High Court against the
assessee, Surya Buildwell Pvt. Ltd., arising out of a consolidated order
pa...
PR. Commissioner of Income Tax-3 vs DLF Hotel Holding Ltd. (2018) 2018:DHC:6313-DB | Section 36(1)(iii) Interest Deduction on Borrowed Funds for Investment in Subsidiaries
Facts of the Case
The
assessee, DLF Hotel Holding Ltd., was engaged in hospitality and
investment activities.
It
had:
Invested
₹1165+ crore in shares of group companies
Ta...
The Pr. Commissioner of Income Tax (Central-3) vs Surya Buildwell Pvt. Ltd. (Delhi High Court) – Appeal Dismissed Due to Low Tax Effect under CBDT Circular No. 3/2018
Facts of the CaseThe Revenue filed multiple appeals before the Delhi High
Court against a consolidated order concerning Surya Buildwell Pvt. Ltd. The
appeals were filed under Section 260A of the Income Tax Act.During t...