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Pr. Commissioner of Income Tax-2 vs CHL Limited (Delhi High Court) – Section 14A, Director’s Commission, Training Expenses & Interest on Borrowed Funds under Income Tax Act, 1961
Facts of the CaseThe Revenue preferred appeals against the ITAT’s common order
wherein relief had been granted to CHL Limited on multiple tax-related
disallowances made by the Assessing Officer.The Assessing Officer ...
Commissioner of Income Tax (International Taxation)-2 vs LS Cable & Systems Ltd. Korea | Delhi High Court on Taxability of Offshore Supply Income under Income Tax Act & India-Korea DTAA
Facts of the CaseThe Respondent, LS Cable & Systems Ltd., Korea, was
engaged in offshore supply of equipment and materials under a contractual
arrangement connected with an Indian project. The Authority for Advance...
MSD Pharmaceuticals Pvt. Ltd. vs Additional Commissioner of Income Tax & Anr. | Delhi High Court on Transfer Pricing Adjustment u/s 92C, AMP Expenditure & Bright Line Test (AY 2011-12)
Facts of the
CaseThe assessee, MSD Pharmaceuticals Pvt. Ltd., filed
appeals against the order of the Income Tax Appellate Tribunal (ITAT) for
Assessment Year 2011-12 concerning transfer pricing adjustment in relation ...
Pr. Commissioner of Income Tax–18 vs M/s N.S. Software (Firm) | Delhi High Court | Reassessment Proceedings under Sections 147 & 148 of the Income Tax Act – Validity of Notice Beyond Four Years
Facts of the
CaseThe Revenue preferred appeals before the Delhi High
Court against the order in favour of the assessee, M/s N.S. Software (Firm),
challenging the findings relating to reassessment proceedings initiated...
Pr. Commissioner of Income Tax-6, New Delhi vs Monnet Ispat & Energy Ltd. | Delhi High Court on Moratorium under Section 14 IBC and Tax Appeal Proceedings
Facts of the CaseThe Income Tax Department, through the Principal
Commissioner of Income Tax-6, New Delhi, had filed multiple appeals before the
Delhi High Court challenging orders passed by the Income Tax Appellate Tr...
Pr. Commissioner of Income Tax-2 vs CHL Limited | Delhi High Court on Section 14A Disallowance, Director’s Commission, Training Expenditure & Interest-Free Advances under Income Tax Act, 1961
Case Title (In Vs. Form)Pr. Commissioner of Income Tax-2 vs CHL LimitedCourt: High Court of Delhi
Citation: 2017:DHC:8933-DB
Case No.: ITA Nos. 638/2017 & 693/2017
Date of Decision: 21 August 2017 Facts of t...
Pr. Commissioner of Income Tax–18 vs N.S. Software (Firm) | Delhi High Court | Section 153A of Income Tax Act | Scope of Additions in Unabated Assessments under Search Proceedings
Facts of the
CaseThe Revenue preferred appeals before the Delhi High
Court concerning Assessment Years 2005–06 and 2006–07 against the order
passed in favour of the assessee, N.S. Software (Firm). The controversy
...
Pr. Commissioner of Income Tax-6 Vs. McCain Foods India Pvt. Ltd. | Delhi High Court on Transfer Pricing (RPM vs TNMM) and Nature of Seed Development Expenditure under Income Tax Act
Facts of the
CaseThe assessee, McCain Foods India Pvt. Ltd., adopted
the Resale Price Method (RPM) for benchmarking its international
transactions for transfer pricing purposes. However, the Transfer Pricing
Officer ...
Pr. Commissioner of Income Tax (Central-02) v. Mera Baba Reality Associates Pvt. Ltd. | Scope of Revision under Section 263 where Assessment under Section 153A was Completed after Due Inquiry | Delhi High Court
Facts of the CaseThe assessee was subjected to a search and seizure operation
under Section 132. During the course of that search, no incriminating material
relating to the assessee was found. Subsequently, in a separa...
Pr. Commissioner of Income Tax–6, New Delhi vs Monnet Ispat & Energy Ltd. | Delhi High Court on IBC Moratorium Overriding Income Tax Proceedings | Sections 14, 238 Insolvency and Bankruptcy Code, 2016
Facts of the CaseThe Revenue Department filed multiple income tax appeals
before the Delhi High Court challenging the order passed by the Income Tax
Appellate Tribunal (ITAT) concerning the tax liability of Monnet Ispa...