Courts: Delhi High Court
5,198 articlesIncome Tax
Income Tax
Rule 9B : Cost of prints cannot be clubbed with cost of acquisition of distribution rights of films for carried forward of unabsorbed cost
Income Tax
Income Tax
S. 68 – Mere Common address shared by several companies may not be sole ground to doubt identity or creditworthiness
Income Tax
Income Tax
Notional Loss on renunciation of rights to subscribe partly convertible debentures based on notional cost not allowed
Income Tax
Income Tax
Revenue must show existence of agreement/ understanding with foreign entity before any TP adjustment for AMP expenditure
Income Tax
Income Tax
Recording of satisfaction u/s 153C is mandatory even if searched person & assessee are under common jurisdiction
Income Tax
Income Tax
Mere reason to believe that income has escaped assessment not sufficient to reopen assessments beyond 4 years
Income Tax
Income Tax
No new addition can be made in reopening on issue duly considered during original proceeding
Income Tax
Income Tax
Settlement commission have no jurisdiction to direct special audit: Delhi HC
Income Tax
Income Tax
Goodwill value cannot be challenged where slump sale includes sale of goodwill & such agreement is beyond any doubt
Income Tax
Income Tax
Project completion method being a recognized method as per notified AS, rejection of account not permitted
Income Tax
Income Tax
Mere revised return filing will not invalidate notice u/s 143(2) issued in pursuance of original return
Income Tax
Income Tax
Mere incidental benefits to foreign AE from AMP expenses cannot be a basis for existence of an international transaction
Income Tax
Income Tax
Pre-1 April 2003 Joint Venture Termination Compensation Not iable to capital gain tax: Delhi HC
Income Tax
Income Tax
