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Delhi High Court

Luxury tax under Delhi Tax on Luxuries Act, 1996 leviable on Delhi Gymkhana Club

November 24, 2023 1026 Views 0 comment Print

Delhi High Court held that Delhi Gymkhana Club is exigible to Luxury tax on activity of providing residential accommodation by a hotelier for monetary consideration under the Delhi Tax on Luxuries Act, 1996.

Income tax return supporting claim of income sufficient for determining compensation in road accident

November 23, 2023 2745 Views 0 comment Print

Delhi High Court held that while determining compensation for injuries suffered in the road accident only documentary evidence in form of Income Tax Return in support of the claim of income is sufficient.

No section 14A disallowance if no income exempt during relevant period

November 23, 2023 678 Views 0 comment Print

Explore the Delhi High Court judgment in PCIT vs. Bhilwara Energy Ltd, covering condonation of delay, key issues, and disallowance under Section 14A of the Income Tax Act.

Income and not taxable income of deceased is relevant for determining Loss of Dependency

November 22, 2023 1053 Views 0 comment Print

Delhi High Court held that income of the deceased, and not taxable income of the deceased, is relevant while determining loss of dependency. Thus, merely because certain allowances are not taxable in nature, the same would not warrant their deduction from the annual income of the deceased for the purposes of determining the compensation.

Delhi HC Directs CBDT to Resolve Error of AY in self-assessment tax Challan

November 22, 2023 4605 Views 0 comment Print

Explore the Delhi High Court order in Fada Trading vs. Income Tax Ward 9(1). Detailed analysis of the self-assessment tax deposit issue and the CBDT directions for resolution.

Denial of refund claim of accumulated ITC merely due to incorrect classification of goods by supplier unjustified

November 22, 2023 1755 Views 0 comment Print

Delhi High Court held that denial of refund claim of accumulated Input Tax Credit (ITC) due to inverted duty structure merely because of incorrect classification of goods by the supplier is unjustified and unsustainable in law.

Nokia vs DCIT: Delhi HC Directs department to expediate Income Tax refund

November 22, 2023 972 Views 0 comment Print

Delhi High Court order on Nokia Corporation vs DCIT. Progress on refund verification, instructions for remittance, and resolution through an indemnity bond.

Delhi HC Orders ITAT to Review in Analjit Singh’s Share Valuation Dispute

November 22, 2023 1422 Views 0 comment Print

Explore the Delhi High Court order in Analjit Singh vs. DCIT regarding share valuation. Detailed analysis, key arguments, and the court’s directive for a fresh review.

RPM Most Appropriate for ALP in Absence of Distributor’s Value Addition to Goods

November 21, 2023 1227 Views 0 comment Print

Explore Delhi HC judgment in PCIT vs. Fujitsu India Ltd. for AY 2011-14, focusing on Transfer Pricing Method. Analysis of TNMM vs. RPM with key findings. Insights and conclusion provided.

Allowability of Technology Expenses for Future Business utilization

November 21, 2023 729 Views 0 comment Print

Delhi HC rules in PCIT vs Hike Pvt Ltd, clarifying tech expenses as revenue expenditure. Detailed analysis on re-characterization, AO approach, and key findings.

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