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In case of additional evidence produced by Assessee, A.O must be given opportunity

Case Name : A.C. I .T. V/s. M/s Dentsply India Pvt. Ltd. (ITAT Delhi)
Appeal Number : ITA No. 31/Del/2011
Date of Judgement/Order : 02/03/2012
Related Assessment Year : 2005- 06
Courts : All ITAT (14953) ITAT Delhi (3706)
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Payment for use of equipment is taxable as royalty and its related installation activities is taxable as FTS

Case Name : In re Global Industries Asia Pacific Pte. Ltd. Vs. DIT (AAR Delhi)
Appeal Number : A.A.R. No. 936 of 2010
Date of Judgement/Order : 15/02/2012
Related Assessment Year :
Courts : Advance Rulings (3746)
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Reimbursements received by a foreign company for travelling expenditure incurred for earning royalty/ FTS income taxable on gross basis under India-Singapore tax treaty

Case Name : CSC Technology Singapore Pte. Ltd., Singapore Vs. ADIT (ITAT Delhi)
Appeal Number : I.T.A. No. 5604(Del)/2010
Date of Judgement/Order : 17/02/2012
Related Assessment Year : 2007- 08
Courts : All ITAT (14953) ITAT Delhi (3706)
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Expenditure cannot be disallowed merely on the ground that they are on higher side

Case Name : M/s Aerens Motels & Resorts Vs. Dy. Commissioner of Income Tax (ITAT Delhi)
Appeal Number : ITA No. 1914/Del/2007
Date of Judgement/Order : 29/02/2012
Related Assessment Year : 2002- 03
Courts : All ITAT (14953) ITAT Delhi (3706)
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S. 12AA CIT can cancel registration even after grant – High profit Ratio cannot be ground for rejection

Case Name : Shanti Devi Educational Trust Vs. CIT (ITAT Delhi)
Appeal Number : ITA No. 4439/Del/2010
Date of Judgement/Order : 29/02/2012
Related Assessment Year :
Courts : All ITAT (14953) ITAT Delhi (3706)
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No sec. 195 TDS Liability On Payer If Payee Not Assessed

Case Name : Crompton Creaves Ltd. Vs. The DCIT (TDS) (ITAT Mumbai)
Appeal Number : ITA No. 2210/MUM/2000
Date of Judgement/Order : 24/02/2012
Related Assessment Year : 1998- 99
Courts : All ITAT (14953) ITAT Mumbai (3584)

S. 54EC investment time limit begins from date of receipt of consideration

Case Name : Chanchal Kumar Sircar Vs. ITO (ITAT Kolkata)
Appeal Number : I.T.A Nos. 1146/Kol/2011
Date of Judgement/Order : 21/02/2012
Related Assessment Year : 2005- 06
Courts : All ITAT (14953) ITAT Kolkata (1035)
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Income from unknown sources u/s 68 cannot be taxed as income from other sources

Case Name : Income-tax Officer, Ward V(1) Ludhiana Vs Dulari Digital Photo Services (P.) Ltd (ITAT Chandigarh)
Appeal Number : C.O. No. 37 (Chd.) of 2010
Date of Judgement/Order : 09/03/2012
Related Assessment Year : 2006-07
Courts : All ITAT (14953) ITAT Chandigarh (315)
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S. 263 Revision – Revisional jurisdiction cannot be exercised on the ground that AO should have gone deeper

Case Name : Commissioner of Income Tax Vs Shri Jawahar Bhattacharjee (Guwahati High Court)
Appeal Number : ITA No. 2 of 2008
Date of Judgement/Order : 07/02/2012
Related Assessment Year :
Courts : All High Courts (13956) Guwahati High Court (119)
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S. 50B – Amount of liabilities being reflected in the negative net worth cannot be added to sale consideration for determining the capital gains on account of slump sale

Case Name : The Deputy Commissioner of Income Tax Vs M/s. Summit Securities Limited (ITAT Mumbai)
Appeal Number : ITA No. 4977/Mum/2009
Date of Judgement/Order : 07/03/2012
Related Assessment Year : 2006- 2007
Courts : All ITAT (14953) ITAT Mumbai (3584)
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