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Right to receive a property is a valuable and transferable right

Case Name : Satnam Overseas Exports Vs DCIT (ITAT Delhi)
Appeal Number : ITA No.4486/Del/2016
Date of Judgement/Order : 19/04/2017
Related Assessment Year : 2010-11
Courts : All ITAT (14949) ITAT Delhi (3704)
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Brand usage – not an international transaction

Case Name : Hyundai Motor India Limited Vs DCIT (ITAT Chennai)
Appeal Number : I.T.A. No. 739 and 853/Chny/2014, 563 and 614/Chny/2015, 842 and 761/Chny/16 and CO 73/Chny/16
Date of Judgement/Order : 27/04/2017
Related Assessment Year : 2009-10, 2010-11, 2011-12
Courts : All ITAT (14949) ITAT Chennai (858)
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ITAT on TP adjustment on account of Compensation for deemed brand development

Case Name : Hyundai Motor India Limited Vs Deputy Commissioner of Income Tax LTU- II (ITAT Chennai)
Appeal Number : ITA No. 853/Chny/2014
Date of Judgement/Order : 27/04/2017
Related Assessment Year : 2009- 10
Courts : All ITAT (14949) ITAT Chennai (858)
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Addition based on mere scribbling on Loose Papers cannot be sustained

Case Name : Anuj Chawla Vs Commissioner of Income Tax (Delhi High Court)
Appeal Number : ITA No. 478/2007, C.M. APPL. 6708/2007
Date of Judgement/Order : 11/04/2017
Related Assessment Year :
Courts : All High Courts (13946) Delhi High Court (3376)
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Formula One Car Racing Income Taxable In India: SC

Case Name : Formula One World Championship Ltd. Vs Commissioner of Income Tax (Supreme Court of India)
Appeal Number : Civil Appeal No. 3849 of 2017
Date of Judgement/Order : 24/04/2017
Related Assessment Year :
Courts : Supreme Court of India (2373)
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Amount paid to village elders to help settle land disputes is allowable

Case Name : Shri K.A Sai Prasad Vs Shri K.J. Rao, DR (ITAT Hyderabad)
Appeal Number : ITA No.689/Hyd/2015
Date of Judgement/Order : 26/04/2017
Related Assessment Year : 2009-10
Courts : All ITAT (14949) ITAT Hyderabad (630)
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Misappropriation of fund cannot be ground for cancellation of Trust registration

Case Name : Vignana Jyothi Vs Director of Income Tax (ITAT Hyderabad)
Appeal Number : I.T.A. No. 1751/HYD/2014
Date of Judgement/Order : 26/04/2017
Related Assessment Year :
Courts : All ITAT (14949) ITAT Hyderabad (630)
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No Tax on amount not receivable under a void contract

Case Name : I- Process Services (India) Pvt. Ltd. Vs DCIT (ITAT Delhi)
Appeal Number : ITA No-3015/Del/2013
Date of Judgement/Order : 21/04/2017
Related Assessment Year : 2009- 10
Courts : All ITAT (14949) ITAT Delhi (3704)
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Section 80(5) & 4th Proviso to S. 10B(1) are constitutionally valid: HC

Case Name : M/s Nath Brothers Exim International Ltd. Vs Union of India & Anr. (Delhi High Court)
Appeal Number : W.P. (C) 12073/2015
Date of Judgement/Order : 21/04/2017
Related Assessment Year :
Courts : All High Courts (13946) Delhi High Court (3376)
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Sec. 12AA registration cannot be denied merely for having activities outside India

Case Name : National Informatics Centre Services Inc. Vs DIT (ITAT Delhi)
Appeal Number : ITA No. 997/Del/2014
Date of Judgement/Order : 17/04/2017
Related Assessment Year : 2013-14
Courts : All ITAT (14949) ITAT Delhi (3704)
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