Hearing Before CIT(A)got Disrupted as Audio was Absent During Video Conference: Delhi HC sets aside Assessment order [Read Order]
The Delhi High Court set aside the assessment order as the hearing before the Commissioner of Income Tax (Appeal) (CIT(A)) got disrupted as audio was...
![Delhi HC Stays Time Barred Notice Issued u/s 148 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Delhi-High-Court-Delhi-High-Court-Stays-Time-Barred-Notice-Stays-Time-Barred-Notice-Time-Barred-Notice-Notice-Income-Tax-Act-Income-Tax-Tax-News-TAXSCAN.jpg "Delhi HC Stays Time Barred Notice Issued u/s 148 of Income Tax Act [Read Order]")
![Income Tax Dues before Approval of Resolution Plan By NCLT: Delhi HC Dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Income-Tax-Dues-Resolution-Plan-NCLT-Delhi-High-Court-Appeal-taxscan.jpg "Income Tax Dues before Approval of Resolution Plan By NCLT: Delhi HC Dismisses Appeal [Read Order]")
![Delhi HC directs to Issue Income Tax Refund to Nokia Corporation based on Indemnity Bond [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Delhi-High-Court-Issue-Income-Tax-Refund-Nokia-Corporation-Indemnity-Bond-taxscan.jpg "Delhi HC directs to Issue Income Tax Refund to Nokia Corporation based on Indemnity Bond [Read Order]")
![Defect in Share Valuation under Income Tax Act: Delhi HC Remands for Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Defect-in-Share-Valuation-Income-Tax-Act-Delhi-High-Court-Remands-Re-adjudication-taxscan.jpg "Defect in Share Valuation under Income Tax Act: Delhi HC Remands for Re-adjudication [Read Order]")
![Income Tax Refund Claim: Delhi HC Directs to Consider Revised Return Filed by Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Income-Tax-Refund-Claim-Delhi-High-Court-Revised-Return-Assessee-taxscan-1.jpg "Income Tax Refund Claim: Delhi HC Directs to Consider Revised Return Filed by Assessee [Read Order]")
Relief to SIL Investments: Delhi HC upholds Deletion of Disallowance u/s 80M of Income Tax Act [Read Order]
The Delhi High Court upheld the deletion of disallowance under Section 80M of the Income Tax Act, 1961 thereby granting relief to SIL Investments Ltd. The respondent/assessee filed its Return of...
![Relief to SIL Investments: Delhi HC upholds Deletion of Disallowance u/s 80M of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Relief-to-SIL-Investments-Delhi-HC-Deletion-Disallowance-80M-Income-Tax-Act-TAXSCAN.jpg "Relief to SIL Investments: Delhi HC upholds Deletion of Disallowance u/s 80M of Income Tax Act [Read Order]")
Bad Debts Acquired from Predecessor-in-Interest: Delhi HC upholds Disallowance on Bad Debts amounting to Rs 5 crores [Read Order]
The Delhi High Court upheld the disallowance amounting to Rupees 5 crores on bad debts as they were obtained from predecessor-in-interest. The sole ground on which the impugned order is sought to...
RPM is Most Appropriate Method for Ascertaining ALP as the Distributer did not Make any Value Addition to Goods: Delhi HC [Read Order]
The Delhi High Court Resale Price Method (RPM) is the Most Appropriate Method(MOM) for Ascertaining Arm’s Length Price (ALP) as the distributor did not make any value addition to the goods. The...
Allegation of Bogus Transaction in absence of Corroborative Evidence is invalid: Delhi HC Sets aside Notice issued u/s 148 of Income Tax Act [Read Order]
The Delhi High Court set aside the notice issued under section 148 of the Income Tax Act, 1961 in an allegation of bogus transaction in the absence of Corroborative Evidence is...
![Allegation of Bogus Transaction in absence of Corroborative Evidence is invalid: Delhi HC Sets aside Notice issued u/s 148 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Allegation-Bogus-Transaction-Allegation-of-Bogus-Transaction-taxscan.jpg "Allegation of Bogus Transaction in absence of Corroborative Evidence is invalid: Delhi HC Sets aside Notice issued u/s 148 of Income Tax Act [Read Order]")
![Safe Harbour Rates and Margins apply only if an Assessee has Opted for them: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Safe-Harbour-Rates-Harbour-Rates-Harbour-Safe-Harbour-Rates-and-Margins-Assessee-Delhi-HC-taxscan-1.jpg "Safe Harbour Rates and Margins apply only if an Assessee has Opted for them: Delhi HC [Read Order]")
Disallowance u/s 14A of Income Tax can be triggered where no exempt Income has been earned: Delhi HC upholds Deletion of Disallowance [Read Order]
The Delhi High Court held that disallowance under section 14A of Income Tax Act, 1961 Can be triggered where no exempt income has been earned and upheld the deletion of disallowance. The...
![Disallowance u/s 14A of Income Tax can be triggered where no exempt Income has been earned: Delhi HC upholds Deletion of Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Disallowance-Income-Tax-Income-Tax-can-be-triggered-where-no-exempt-Income-Income-Delhi-HC-taxscan.jpg "Disallowance u/s 14A of Income Tax can be triggered where no exempt Income has been earned: Delhi HC upholds Deletion of Disallowance [Read Order]")