Delhi High Court supports ITAT’s verdict on the selection of comparables for determining the Arm’s Length Price of an international transaction. Get insights on PCIT vs Chrys Capital...

ITAT Delhi validates PCIT's revision order under Section 263, emphasizing the importance of adequate enquiry by AO for unsecured loans, advances, and income in AY 2015-16....

Explore Delhi High Court's ruling on PCIT vs. New Delhi Tyre House, unraveling MAP agreement intricacies, income additions, and implications for AY 2013-14....

Delhi High Court's verdict on reassessment under Section 153A of Income Tax Act without incriminating material. Analysis and legal implications. Learn more....

In a landmark ruling, the Delhi High Court held that government shareholders are not automatically considered related parties under Section 92E of the Income Tax Act, 1961. This decision has significant implications for companies with government shareholding....

The ITAT Delhi cancels a penalty imposed on Mideast Integrated Steels Ltd. due to an unqualified offense notice. Learn about the case and its implications....

The ITAT Delhi upholds the disallowance of 'commission on sales' due to failure to demonstrate the actual role played by commission agents in procuring sales....

ITAT Delhi held that availment of web hosting services do not constitute royalty or FTS and hence payments made thereof for such services are not chargeable to tax in India. Accordingly, TDS not deductible on the same....

Kerala High Court directs pre-deposit for IT appeal against Assessment Order under Section 143. Analysis of Esatto Builders case and court's decision....

Delhi High Court held that as revenue has failed to lodge the claim with the Resolution Professional, they cannot enforce the impugned orders and notices, given the binding nature of approved Resolution Plan....