Relief to Indus Towers, Delhi HC allows Loan Processing charges [Read Order]
The Delhi High Court has granted relief to Indus Towers by allowing the loan processing charges. The revenue has filed an appeal against deletions...
![Charging High Premium not correct Test for making Addition u/s 68 of Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Charging-High-Premium-correct-Test-for-making-Addition-Test-for-making-Addition-High-Premium-Income-Tax-Act-Delhi-High-Court-making-Addition-correct-Test-Tax-News-TAXSCAN.jpg "Charging High Premium not correct Test for making Addition u/s 68 of Income Tax Act: Delhi HC [Read Order]")
![Embraer Aircraft Deal: Delhi HC dismisses ED plea challenging Interim Bail to Singapore businessman [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Embraer-Aircraft-Deal-Delhi-HC-dismisses-ED-plea-challenging-Interim-Bail-to-Singapore-businessman-TAXSCAN.jpg "Embraer Aircraft Deal: Delhi HC dismisses ED plea challenging Interim Bail to Singapore businessman [Read Order]")
![Delhi HC quashes Order passed u/s 148A(d) of Income Tax Act for Non-consideration of Reply [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Delhi-HC-quashes-Order-passed-Income-Tax-Act-for-Non-consideration-of-Reply-TAXSCAN.jpg "Delhi HC quashes Order passed u/s 148A(d) of Income Tax Act for Non-consideration of Reply [Read Order]")
Income Tax Addition of 6 Crores on Income Derived From House Property Abutting Assessee's Hotel: Delhi HC dismisses Appeal as matter Pending Before SC [Read Order]
The Delhi High Court dismissed the appeal on the issue of an Income tax addition of 6 crores on income derived from house property under the Income Tax Act, 1961 abutting the assessee's hotel. The...
![Income Tax Addition of 6 Crores on Income Derived From House Property Abutting Assessees Hotel: Delhi HC dismisses Appeal as matter Pending Before SC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Income-Tax-Addition-Income-Derived-From-House-Property-Abutting-Assessees-Hotel-Delhi-HC-dismisses-Appeal-Pending-Before-SC-TAXSCAN.jpg "Income Tax Addition of 6 Crores on Income Derived From House Property Abutting Assessees Hotel: Delhi HC dismisses Appeal as matter Pending Before SC [Read Order]")
![Delhi HC sets aside GST Registration cancellation Order Passed without Disclosing Reason [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Delhi-HC-GST-Registration-cancellation-Order-Passed-Disclosing-Reason-TAXSCAN.jpg "Delhi HC sets aside GST Registration cancellation Order Passed without Disclosing Reason [Read Order]")
Preference for Chartered Accountants over Cost Accountants in Finance Director Roles is Not Arbitrary or Constitutionally Violative: Delhi HC [Read Order]
In a noteworthy ruling, the Delhi High Court has concluded that the preference of Chartered Accountants (CAs) over Cost Accountants for Finance Director positions is neither arbitrary nor in...
GST Authorities fail to Consider Materials Establishing Input Supplies with regards to Refund of ITC Claimed: Delhi HC restores Appeal [Read Order]
The Delhi High Court, in its decision to restore the appeal to the appellate authority [Commissioner (Appeals)], noted that the GST authorities had neglected to take into account the evidence that...
![GST Authorities fail to Consider Materials Establishing Input Supplies with regards to Refund of ITC Claimed: Delhi HC restores Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/GST-Authorities-Consider-Materials-Establishing-Input-Supplies-regards-to-Refund-of-ITC-Claimed-Delhi-HC-restores-Appeal-TAXSCAN.jpg "GST Authorities fail to Consider Materials Establishing Input Supplies with regards to Refund of ITC Claimed: Delhi HC restores Appeal [Read Order]")
No Tax Concession to Company as Promoters Gifted Shares to Company instead of Sale to Avoid Capital Gain Tax: Delhi HC [Read Order]
In a recent decision the Delhi High Court ruled that there can be no tax concession to company as promoters gifted shares to the company instead of sale to avoid capital gain tax. The Company, M/s...
![No Tax Concession to Company as Promoters Gifted Shares to Company instead of Sale to Avoid Capital Gain Tax: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/No-Tax-Concession-to-Company-as-Promoters-Gifted-Shares-Company-instead-of-Sale-to-Avoid-Capital-Gain-Tax-Delhi-HC-TAXSCAN.jpg "No Tax Concession to Company as Promoters Gifted Shares to Company instead of Sale to Avoid Capital Gain Tax: Delhi HC [Read Order]")
Rejection of Exemption u/s 54 of Income Tax Act on Immovable Property Owned by Assessee's Son without Giving Opportunity to Hearing: Delhi HC sets aside Order [Read Order]
In a significant case, the Delhi High Court set aside the order rejecting exemption under section 54 of the Income Tax Act, 1961 on immovable property owned by the assessee's son without allowing a...
![Rejection of Exemption u/s 54 of Income Tax Act on Immovable Property Owned by Assessees Son without Giving Opportunity to Hearing: Delhi HC sets aside Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Rejection-of-Exemption-Income-Tax-Act-Immovable-Property-Owned-by-Assessees-Son-without-Giving-Opportunity-to-Hearing-Delhi-HC-Order-TAXSCAN.jpg "Rejection of Exemption u/s 54 of Income Tax Act on Immovable Property Owned by Assessees Son without Giving Opportunity to Hearing: Delhi HC sets aside Order [Read Order]")