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Principal Commissioner of Income Tax-(C)-2 vs M/s Aeren R Infrastructure Ltd (2018) – Compensation for Non-Supply of Land Held as Capital Receipt | Delhi High Court
Facts of the CaseThe assessee, engaged in real estate business, entered into a
consortium agreement and subsequently into an agreement to purchase 10 acres of
land for ₹15 crores from JMA Buildcom Pvt. Ltd. However, ...
Principal Commissioner of Income Tax-(C)-2 vs M/s Aeren R Infrastructure Ltd (2018) – Compensation for Non-Supply of Land Held as Capital Receipt | Delhi High Court
Facts of the CaseThe assessee, engaged in real estate business, entered into a
consortium agreement and subsequently into an agreement to purchase 10 acres of
land for ₹15 crores from JMA Buildcom Pvt. Ltd. However, ...
Meadow Infradevelopers Private Limited vs Income Tax Officer (2018) – Reopening of Assessment U/s 148 Invalid on Mere Change of Opinion
Facts of the Case
The
petitioner filed its return for AY 2010–11 declaring nil income.
The
case was selected for scrutiny, and detailed queries were raised regarding
share capital, share premium,...
Principal Commissioner of Income Tax (Central)-3 vs Gaurav Arora (Delhi High Court, 2018) – Addition under Section 2(22)(e) & Scope of Section 153A Without Incriminating Material
Facts of the CaseThe case arose from an appeal filed by the Revenue under
Section 260A of the Income Tax Act, 1961 challenging the order of the Income
Tax Appellate Tribunal (ITAT). The assessee, Gaurav Arora, filed a ...
Director of Income Tax (International Taxation) vs Modiluft Ltd. & Royal Airways Ltd. | Taxability of Technical Service Charges under Section 9(1)(vii), Section 10(15A) and India-Germany DTAA
Facts of the CaseThe assessee, Modiluft Ltd., entered into multiple agreements
with Lufthansa, a German company:
Aircraft
Lease Agreement (approved under Section 10(15A))
Technical
Support Agreement
...
Director of Income Tax (International Taxation) vs M/s Modiluft Ltd. & Director of Income Tax vs M/s Royal Airways Ltd. | Delhi High Court | Remand to ITAT for Fresh Adjudication under DTAA and Income Tax Act, 1961
Facts of the CaseThe present matter consists of multiple appeals filed by the Director
of Income Tax (International Taxation) against M/s Modiluft Ltd. and
M/s Royal Airways Ltd. before the Delhi High Court.The dispute...
Director of Income Tax v. Modiluft Ltd. & Royal Airways Ltd. (Delhi High Court) – Taxability of Aircraft Lease Rentals under DTAA and the Income-tax Act, 1961 | Section 9 & International Taxation
Facts of the CaseThe present batch of appeals was filed by the Revenue against
various orders involving M/s Modiluft Ltd. and M/s Royal Airways Ltd.
concerning issues of international taxation and applicability of
pro...
Director of Income Tax (International Taxation) vs M/s Modiluft Ltd. & Director of Income Tax vs M/s Royal Airways Ltd. | Delhi High Court | Section 260A of the Income Tax Act | DTAA Interpretation and Taxability of International Airline Income
Facts of the CaseThe Revenue (Director of Income Tax) filed multiple appeals
against assessees including M/s Modiluft Ltd. and M/s Royal Airways Ltd. These
appeals arose from orders passed by the Income Tax Appellate T...
Director of Income Tax (International Taxation) vs M/s Modiluft Ltd. & Director of Income Tax vs M/s Royal Airways Ltd. | Delhi High Court | Sections under Income Tax Act & DTAA
Facts of the Case
The
Revenue (Director of Income Tax) filed multiple appeals against the
assessees.
The
disputes arose from orders passed by the ITAT concerning tax liabilities
and interpret...
Director of Income Tax (International Taxation) vs M/s Modiluft Ltd. & M/s Royal Airways Ltd. | Delhi High Court | DTAA Interpretation & ITAT Remand (2018:DHC:3016-DB)
Facts of the Case
The
appeals were filed by the Director of Income Tax against M/s
Modiluft Ltd. and M/s Royal Airways Ltd..
Multiple
connected appeals arose from similar issues involving taxabilit...