Home

Rulings

Aug 22,2017

Delhi HC confirms ITAT order for AY 1995-96, holds that non-compete fee received by assessee-individual (who was working as the President of TSME, an advertising agency and was holding 51%

Aug 22,2017

Bombay HC allows assessee-company’s ( a step-down subsidiary company of the Norway based Telenor Group) writ, sets-aside Income-tax Settlement Commission (‘ITSC’) order rejecting assessee’s settlement application on the ground that assessee failed to

Aug 22,2017

Mumbai ITAT rules that conditional grant received by assessee-company from USA not to be reduced from the WDV of the plant & machinery for the purpose of allowance of depreciation

Aug 21,2017

Mumbai ITAT holds that assessee’s (a Dutch company and part of STAR group) Indian group company [STAR India Pvt Ltd.(‘SIPL’)] does not constitute assessee’s PE in India for AYs 1998-99 to 2004-05,

Aug 21,2017

Madras HC reverses ITAT order for AY 2001-02, confirms taxation of non-compete fee received by assessee-individual (a film artist) from a media company (in which assessee is a director and substantial shareholder)

Aug 18,2017

Madras HC confirms ITAT order for AY 2009-10, holds that AO exceeded the jurisdiction by making new disallowance while passing order u/s 144C(13) giving effect to DRP directions when such

Aug 18,2017

Goa bench of Bombay HC allows assessee-individual’s (a tax resident of UAE) writ for AY 2005-06, quashes re-assessment initiated beyond 4 years period; During relevant AY, assessee had claimed India

Aug 17,2017

Delhi HC sets aside ITAT order, rejects application of ‘peak credit' principle in respect of unexplained source of deposit and corresponding outgo; While assessee-individual admitted to being an accommodation entry

Aug 17,2017

Delhi HC dismisses NDTV's writ, upholds re-assessment on NDTV (‘assessee’) for AY 2008-09 initiated beyond 4 years period, also upholds provisional attachment of assessee’s assets u/s. 281B;  AO had issued

Pages

Top