Litigation Tracker

SC : Admits SLP; HC expansively interpreted Sec 132 allowing bank attachment representing third-party income

SC admits assessee’s SLP against Delhi HC judgment directing attachment of assessee’s bank accounts pursuant to search carried on in

May 22,2018

Calcutta HC to examine MAT applicability for nationalized bank; Admits Revenue’s appeal

Calcutta HC admits Revenue’s appeal in case of United Bank of India (‘assessee’); HC to examine whether a nationalized banking

May 21,2018

HC: Admits Analjit Singh’s appeal against substantial capital gains addition; Stays Recovery

Delhi HC admits Analjit Singh’s (‘assessee’) appeal against ITAT order confirming substantial capital gains addition for AY 2014-15, frames two questions

May 15,2018

SC to decide whether ITC’s royalty payment for operating airport lounge constitutes ‘rent’

SC admits ITC Ltd.’s (‘assessee’) SLP against the Delhi HC judgment; HC had held that royalty payment made by assessee

May 04,2018

Stays Special audit initiation on Nokia; Issues notice for hearing assessee’s SLP

SC stays operation of Delhi HC judgement confirming Revenue's initiation of Special Audit u/s 142(2A) on Nokia India Pvt. Ltd.

Apr 12,2018

Flipkart’s deliberate product discounting strategy resulted in valuable marketing intangibles, argues Revenue

Revenue Counsel Mr. C. H. Sundar Rao terms Flipkart India as ‘wholesaler’ earning losses even at gross-profit level; Mr. Rao

Apr 10,2018

Flipkart's advertisement blitz to build brand image not capital expense, argues Sr. Adv. Pardiwalla

Flipkart India’s hearing on AO’s re-characterization of discounts offered to customers as monopoly building capital expense begins before Bangalore ITAT

Apr 09,2018

Cognizant - IT Dept. showdown in Madras HC over Rs. 19,000cr share buy-back characterization

Madras HC grants 'conditional' stay on IT Dept. proceedings against software giant Cognizant Technologies, directs payment of 15% of tax

Apr 04,2018

SC to examine tax-sparing credit availability on exempt dividend earned in Oman

SC admits Revenue’s SLP against Delhi HC judgment granting foreign tax credit (‘FTC’) to assessee (a co-operative society registered in

Apr 02,2018

SC to examine CIT’s Sec. 263 invocation on issues merged with CIT(A)’s order

SC issues notice to Revenue pursuant to SLP filed by assessee-company challenging the Delhi HC  judgment  upholding Sec. 263 proceedings, stays  consequential assessment

Mar 22,2018