Month: November 2016

Delhi H.C : The entire consideration received/ receivable under the RPC was in nature of business income and not ‘royalty’ as defined both under the Act and the DTAA

High Court Of Delhi Formula One World Championship Ltd. vs. CIT, International Taxation-3 Section : 9, 195 S. Ravindra Bhat And Najmi Waziri, JJ. W.P.(C) Nos. 9509, 10307 & 10145 Of 2016 C.M. Appl. Nos. 38021, 40169, 40563, 40564, 41063, 41235 & 41236 Of 2016 November 30, 2016 JUDGMENT S. Ravindra Bhat, J. – This judgment …

S.C : Application for oral hearing is rejected.

Supreme Court Of India Preetam Singh Luthra vs. CIT-II Section 28(i) Assessment Year 2006-07 Ranjan Gogoi And Prafulla C. Pant, JJ. Review Petition (Civil) No. 3653 Of 2016 Civil Appeal No. 7169 Of 2016 November 30, 2016 ORDER 1. Delay condoned. 2. Application for oral hearing is rejected. 3. This Review Petition has been filed against …

Gauhati H.C : The transport subsidy received by the assessee during the assessment year 2001-02 was in the nature of revenue receipt and not capital receipt and thus taxable in the hands of the assessee

High Court Of Gauhati Shiv Shakti Flour Mills (P.) Ltd. vs. CIT, Assam Section 4 Assessment Year 2010-11 Hrishikesh Roy And Nelson Sailo, JJ. IT Appeal No. 6 Of 2014 November 29, 2016 JUDGMENT Hrishikesh Roy, J. – Heard Mr. R.P. Agarwalla, the learned senior counsel along with learned advocate Mr. R. Goenka for the appellant …

Patna H.C : No order under Section 245D (4) was being passed in the case of the three applicants and that being so, the settlement applications filed by the three petitioners were rejected

High Court Of Patna Lal Bahadur Singh vs. Union Of India Section 245D Ramesh Kumar Datta And Smt. Anjana Mishra, JJ. Civil Writ Jurisdiction Case Nos. 21032, 21039 And 20793 Of 2014 November 23, 2016 JUDGMENT Ramesh Kumar Datta, J. – Heard learned counsel for the petitioners in all the three writ petitions and learned Senior …

Gauhati H.C : There was justifiable material/reasons to issue notice under Section 148 of the Income Tax Act, 1961 for reopening of the assessment for the Years 2004-2005

High Court Of Gauhati Guwahati Metropolitan Development Authority vs. CIT, Guwahati –II Section 43(3), 32 And 147 Assessment Year 2004-05 Hrishikesh Roy And Nelson Sailo, JJ. IT Appeal Nos. 7 & 8 Of 2014 November 22, 2016 JUDGMENT Hrishikesh Roy, J. – Heard Mr UK Borthakur, the learned counsel for the appellant/assessee. Also heard Mr S …
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