![Valuation Report of Assets once made is effective for Four Assessment Years: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/04/Valuation-Report-Delhi-High-Court-Taxscan.jpg "Valuation Report of Assets once made is effective for Four Assessment Years: Delhi High Court [Read Judgment]")
Valuation Report of Assets once made is effective for Four Assessment Years: Delhi High Court [Read Judgment]
The division Bench of the Delhi High Court in Pr.Commissioner of Wealth Tax vs. Raghu Hari Dalmia held that a valuation report made by a registered...
![Delhi Public School Society Not Engaged in Business Activity, Entitled to Exemption under section 10(23C) (vi) of IT Act: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/04/Delhi-Public-School-Delhi-High-Court-Taxscan.jpg "Delhi Public School Society Not Engaged in Business Activity, Entitled to Exemption under section 10(23C) (vi) of IT Act: Delhi HC [Read Judgment]")
![Delhi HC confirms Penalty since Assessee not Disclosed the Source of Income [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/03/Penalty-Delhi-High-Court-Taxscan.jpg "Delhi HC confirms Penalty since Assessee not Disclosed the Source of Income [Read Judgment]")
![No Separate Search Warrant required to Brothers who are Involved in Common Business: Delhi HC upholds Addition [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/03/Search-Warrant-Taxscan.jpg "No Separate Search Warrant required to Brothers who are Involved in Common Business: Delhi HC upholds Addition [Read Judgment]")
Provisions of Deemed Dividend applicable when Assessee diverted Advance amount received for procuring Import Licences for Purchase of Shares: Delhi HC [Read Judgment]
While hearing the case of Commissioner of Income Tax vs M/s Prasidh Leasing Limited, the Delhi High Court ruled that Provisions of Deemed Dividend applicable when Assessee diverted Advance amount...
![Provisions of Deemed Dividend applicable when Assessee diverted Advance amount received for procuring Import Licences for Purchase of Shares: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Deemed-Dividends-Taxscan.jpg "Provisions of Deemed Dividend applicable when Assessee diverted Advance amount received for procuring Import Licences for Purchase of Shares: Delhi HC [Read Judgment]")
Delhi HC Quashes Assessment against Nokia since Proceedings were Completed against a Non-Existing Entity [Read Order]
The Delhi High Court in the case of Pr.Commissioner of Income Tax-6 vs Nokia Solutions & Network India pvt Ltd has quashed Assessment against Nokia since proceedings were completed against a...
![Delhi HC Quashes Assessment against Nokia since Proceedings were Completed against a Non-Existing Entity [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Nokia-Taxscan.jpg "Delhi HC Quashes Assessment against Nokia since Proceedings were Completed against a Non-Existing Entity [Read Order]")
Delhi HC Quashes ITAT Order Invalidating Gift Tax Proceedings since Taxability of Transaction was not considered [Read Judgment]
In the case of Commissioner of Gift Tax vs. M/s Jindal Equipment Leasing, High Court of Delhi recently held that the order passed by the Income Tax Appellate Tribunal (ITAT) invalidating gift tax...
![Delhi HC Quashes ITAT Order Invalidating Gift Tax Proceedings since Taxability of Transaction was not considered [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/02/Gift-Tax-Taxscan.jpg "Delhi HC Quashes ITAT Order Invalidating Gift Tax Proceedings since Taxability of Transaction was not considered [Read Judgment]")
Mere Voluntary Surrender of Income without Disclosing Its’ Source would not avoid Penalty: Delhi HC [Read Order]
A division bench of the Delhi High Court, last day held that mere voluntary surrender of income without disclosing its source cannot rescue assessee from facing penal consequences under the Income Tax...
![Mere Voluntary Surrender of Income without Disclosing Its’ Source would not avoid Penalty: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Voluntary-Surrender-Taxscan.jpg "Mere Voluntary Surrender of Income without Disclosing Its’ Source would not avoid Penalty: Delhi HC [Read Order]")
![Amount received as Non-Competent Fee is Capital receipt: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/08/Non-Compete-Fee-Taxscan.jpg "Amount received as Non-Competent Fee is Capital receipt: Delhi HC [Read Judgment]")
![Delhi HC confirms ITAT Order favoring Airport Authority of India [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/02/Airport-Authority-of-India-Taxscan.jpg "Delhi HC confirms ITAT Order favoring Airport Authority of India [Read Judgment]")
![Repair & Maintenance Expenditure incurred by Hotel is Revenue in Nature: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Hotel-Taxscan.jpg "Repair & Maintenance Expenditure incurred by Hotel is Revenue in Nature: Delhi HC [Read Order]")