Courts: Delhi High Court
5,198 articlesIncome Tax
Income Tax
Whether the expenditure is capital or revenue in nature cannot form the subject matter of block assessment
Income Tax
Income Tax
Sum received on surrender of tenancy right is capital receipt and hence, not taxable
Income Tax
Income Tax
Negligent Assessee should not be given many opportunities just because that quantum of amount involved is high
Income Tax
Income Tax
To add the difference between Market Value and sale value , department has to prove that the assessee had received more than what is declared
Income Tax
Income Tax
Re-assessment proceedings cannot, be initiated on the ground that the Assessing Officer was legally wrong and had misapplied and wrongly understood the law/legal position
Income Tax
Income Tax
Refund cannot be adjusted against demand on disputed issues covered by earlier orders of ITAT or CIT (Appeals)
Income Tax
Income Tax
High Court has no Power to entertain grounds not raised before tribunal
Income Tax
Income Tax
Non-Compete Fees paid for acquisition of business is Capital Expenditure – Delhi HC
Income Tax
Income Tax
While deciding penalty appeal, it is open to the Tribunal to look into the transaction to see as to whether the claim was bona fide or it was bogus and result of falsehood
Income Tax
Income Tax
No Penalty for Claim based on consultants advice when two views were possible
Income Tax
Income Tax
If shares held as investments than loss on the sale thereof is capital loss and not Business loss
Company Law
Company Law
Sale deed contrary to Injunction is not a valid deed even though the applicant entitle to invoked Court jurisdiction under Sec 536(2) of Companies Act 1956
Income Tax
Income Tax
Powers of CIT (Appeal) to admit Additional Evidence u/s 250(4) / Rule 46A and requirement to give A.O. an opportunity
Income Tax
Income Tax
