Sponsored
    Follow Us:

Delhi High Court

Delhi HC restrains casansaar.com from continuing with infringement of copyrights

November 30, 2015 2927 Views 0 comment Print

In the case of Taxmann Allied Services Pvt. Ltd. Vs. Casansaar Web Solutions Pvt. Ltd. Honble Delhi HC granted ad interim injunction and restrained the defendant from continuing with the infringement of the plaintiff’s copyright in its editorial comments/case head notes.

Reassessment proceeding based on ED information without correlating with returns filed is invalid

November 28, 2015 1183 Views 0 comment Print

CIT Vs. M/s. Indo Arab Air Services (Delhi High Court) Assessee had escaped assessment for the AY in question. While the AO has referred to the fact that the ED gave information regarding cash deposits being found in the books of the Assessee

HC confirms penalty on custom official for clearance of Consignment without proper Verification

November 15, 2015 1285 Views 0 comment Print

Delhi High Court held In the case of S.N. Ojha vs. Commissioner of Customs that apart from the statement recorded, there is sufficient corroboration by the fact that as many as 100 consignments were allowed to be cleared without proper verification.

Section 293 bar to entertain any civil suit against IT department on dues which are subject matter of income tax proceedings

November 11, 2015 3296 Views 0 comment Print

Delhi High Court held In the case of Vishwanath Khanna vs. CCIT that as per section 293, no civil suit lies against the Income Tax Department with respect to any dues claimed from the Income Tax Department if such dues are/can be the subject matter of proceedings under the Income Tax Act.

No ALP adjustment where buyer outsourced purchase only for administrative convenience & seller is only charging fixed manufacturing charges

November 11, 2015 1214 Views 0 comment Print

Delhi High Court held In the case of Johnson Matthey India Pvt. Ltd. vs. DCIT that the purpose of transfer pricing is to benchmark transactions between related parties in order to discover the true price if such entities were unrelated.

No TDS liability on supplement rental paid as it is not connected to operation of leased aircraft, not covered in exclusion of sec. 10(15A)

November 11, 2015 2326 Views 0 comment Print

Delhi High Court held In the case of Jet Lite (India) Ltd. vs. CIT that the ITAT has rightly pointed out that the supplement rental was within the ambit of the original provision of Section 10 (15A). Post amendment w.e.f. 1st April 1996

Reopening of assessment beyond 4 years not permitted without finding assessee’s failure to produce material facts

November 11, 2015 3415 Views 0 comment Print

Delhi High Court held In the case of The Principal CIT vs. Samcor Glass Ltd. & M/s Samtel Color Ltd. that it is a settled position of law that reopening of assessment beyond 4 years is not sustainable unless there was a failure by the Assessee to disclose any material particulars

Addition u/s 69B merely on the basis of DVO report not sustainable

November 11, 2015 1673 Views 0 comment Print

Delhi High Court held In the case of R.S. Bedi vs. ACIT that no addition u/s 69B is maintainable on the sole basis of DVO report. In the given case, although AO found some document during the search, but the same was not the basis for addition as also noted by ITAT.

Proceedings u/s 158BD not tenable where satisfaction note is not on record

November 11, 2015 1122 Views 0 comment Print

Delhi High Court held In the case of Haryana Paneer Bhandar vs. CIT. that the Revenue has been unable to produce the satisfaction note of the AO of the searched person. Consequently, on this short ground of there being no satisfaction note, which is a mandatory requirement under Section 158BD.

Additions solely based on statement u/s 132(4) which was subsequently withdrawn is not maintainable

November 11, 2015 1732 Views 0 comment Print

Delhi High Court held In the case of The CIT vs. Sunil Aggarwal that the Assessee had an explanation for not retracting the statement earlier. He also furnished an explanation for the cash that found in the hands of his employee and this was verifiable from the books of accounts.

Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031