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Director of Income Tax (International Taxation) vs. Modiluft Ltd. & Royal Airways Ltd. (Delhi High Court, 2018) – DTAA Interpretation & Remand to ITAT
Facts of the CaseThe present batch of appeals was filed by the Director of
Income Tax (International Taxation) against Modiluft Ltd. and Royal
Airways Ltd. involving multiple assessment years and connected appeals.The ...
Nokia Solutions and Networks India Pvt. Ltd. vs Additional Commissioner of Income Tax & Ors. (2018:DHC:9025-DB) | Delhi High Court – Stay on Tax Demand Till Disposal of Appeal
Facts of the Case
The
petitioner company challenged a tax assessment order resulting in a high
tax demand.
An interim
stay order dated 28.02.2018 had earlier been granted subject to
condition...
Nokia Solutions and Networks India Pvt. Ltd. vs Additional Commissioner of Income Tax & Ors. (Delhi High Court, 2018) – Stay on Tax Demand till Disposal of Appeal by CIT(A)
Facts of the Case
The
petitioner challenged a tax assessment order resulting in a
substantial demand.
An interim
stay order dated 28.02.2018 had already been granted.
The
petitioner deposi...
Nokia Solutions and Networks India Pvt. Ltd. vs Additional Commissioner of Income Tax & Ors. (2018) – Delhi High Court | Stay on Tax Demand till Disposal of Appeal by CIT(A)
Facts of the Case
The
petitioner, Nokia Solutions and Networks India Pvt. Ltd.,
challenged a tax assessment order resulting in a heavy tax demand.
The
matter was already pending in appeal before th...
Director of Income Tax (International Taxation) vs M/s Modiluft Ltd. & Connected Matters (Including Royal Airways Ltd.) [2018:DHC:3016-DB] – Delhi High Court | DTAA Interpretation & Remand to ITAT
Facts of the CaseThe present batch of appeals was filed by the Director of
Income Tax against M/s Modiluft Ltd. and M/s Royal Airways Ltd.
involving multiple Income Tax Appeals across different assessment years.The dis...
Director of Income Tax (International Taxation) vs. M/s Modiluft Ltd. & Connected Matters (Including Royal Airways Ltd.) – Delhi High Court | DTAA Interpretation & Remand to ITAT under Income Tax Act
Facts of the CaseThe present batch of appeals was filed by the Revenue against
orders passed in favor of the assessees, namely M/s Modiluft Ltd. and M/s
Royal Airways Ltd. The disputes pertained to taxability of certai...
Director of Income Tax (International Taxation) vs. M/s Modiluft Ltd. & Connected Matters (Royal Airways Ltd.) – Delhi High Court | DTAA Interpretation & Remand to ITAT
Facts of the Case
The
appeals were filed by the Director of Income Tax (International Taxation)
against M/s Modiluft Ltd. and M/s Royal Airways Ltd.
The
disputes arose from orders passed by the Inc...
Director of Income Tax (International Taxation) vs M/s Modiluft Ltd. & Connected Matters (Delhi High Court, 2018) – Remand to ITAT for Fresh Adjudication under DTAA
Facts of the CaseThe present batch of appeals was filed by the Director of
Income Tax against M/s Modiluft Ltd. and M/s Royal Airways Ltd.
along with several connected matters.The dispute arose from orders passed by th...
PR. COMMISSIONER OF INCOME TAX–4 vs CYAN ENTERPRISES PVT. LTD. | Delhi High Court | Section 260A Income Tax Act | Share Transfer Valuation & Capital Gains vs Business Income
Facts of the Case
The assessee, Cyan Enterprises Pvt. Ltd., held 77%
shareholding in M/s Trojan Developers Pvt. Ltd. and transferred its shares
for a declared consideration of ₹5.03 crores.
The Assessing Offic...
Principal Commissioner of Income Tax-4 vs Gyan Enterprises Pvt. Ltd. (Delhi High Court, 2018) – Section 260A | Share Valuation & Capital Gains vs Business Income
Facts of the CaseThe appeal was filed by the Revenue under Section 260A of the
Income Tax Act, 1961 challenging the deletion of an addition of ₹3.22 crores
made by the Assessing Officer (AO). The assessee, holding 77...