![Revenue Failed to lodge Claim under IBC before RP Notice Demanding Income Tax not valid: Delhi HC Rules in favour of Tata Steel Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Revenue-lodge-Claim-IBC-RP-Notice-Demanding-Income-Tax-Delhi-HC-Tata-Steel-Ltd-taxscan-1.jpg "Revenue Failed to lodge Claim under IBC before RP Notice Demanding Income Tax not valid: Delhi HC Rules in favour of Tata Steel Ltd [Read Order]")
Revenue Failed to lodge Claim under IBC before RP Notice Demanding Income Tax not valid: Delhi HC Rules in favour of Tata Steel Ltd [Read Order]
In the case of Tata Steel Limited, the Delhi High Court held that revenue failed to lodge a claim under the Insolvency Bankruptcy Code (IBC) before...
![Existence of International Transaction on account of Receivables: Delhi HC confirms no Upward Adjustment is Required [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Existence-International-Transaction-account-of-Receivables-Delhi-HC-Upward-Adjustment-TAXSCAN.jpg "Existence of International Transaction on account of Receivables: Delhi HC confirms no Upward Adjustment is Required [Read Order]")
![No Material basis for Discrediting Debit Notes: Delhi HC upholds ITAT order on deletion of Disallowance of Engineering Fees [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/No-Material-Basis-Discrediting-Debit-Notes-Delhi-HC-ITAT-Deletion-of-Disallowance-Engineering-Fees-taxscan.jpg "No Material basis for Discrediting Debit Notes: Delhi HC upholds ITAT order on deletion of Disallowance of Engineering Fees [Read Order]")
![Failure to clarify as to which limb of Section 271(1)(c) of Income Tax Act attracted in imposition of Penalty: Delhi HC upholds deletion of Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Failure-Income-Tax-Act-Delhi-HC-Delhi-HC-upholds-deletion-of-penalty-taxscan.jpg "Failure to clarify as to which limb of Section 271(1)(c) of Income Tax Act attracted in imposition of Penalty: Delhi HC upholds deletion of Penalty [Read Order]")
![Delhi HC sets aside Reassessment Order under Income Tax Act Triggered Mistakenly [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Delhi-HC-Reassessment-Order-Income-Tax-Act-Triggered-Mistakenly-TAXSCAN.jpg "Delhi HC sets aside Reassessment Order under Income Tax Act Triggered Mistakenly [Read Order]")
Training Expenses on Skill Development not to be disallowed Treating it as Deferred Expense: Delhi HC upholds ITAT's order
The Delhi High Court upheld the order of the Income Tax Appellate Tribunal (ITAT) wherein it was held that training expenses on skill development were not to be disallowed treating it as a deferred...
Depreciation on Software calculated at Rate of 25% Instead of 60%: Delhi HC upholds Deletion of Disallowance under Income Tax Act [Read Order]
The Delhi High Court upheld the Income Tax Appellate Tribunal (ITAT) order which deleted the disallowance of expense under Income Tax Act made by the Assessing Officer (AO). The Depreciation on...
![Depreciation on Software calculated at Rate of 25% Instead of 60%: Delhi HC upholds Deletion of Disallowance under Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Depreciation-on-Software-Delhi-HC-Deletion-of-Disallowance-Income-Tax-Act-TAXSCAN.jpg "Depreciation on Software calculated at Rate of 25% Instead of 60%: Delhi HC upholds Deletion of Disallowance under Income Tax Act [Read Order]")
![Delhi HC quashes Time Barred Notice Issued U/s 142(1) of the Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Delhi-HC-Time-Barred-Notice-Income-Tax-Act-TAXSCAN.jpg "Delhi HC quashes Time Barred Notice Issued U/s 142(1) of the Income Tax Act [Read Order]")
AO Triggered Reassessment without due Application of Mind: Delhi HC Quashes Notice Issued u/s 148 of Income Tax Act [Read Order]
The Delhi High Court quashed the Re assessment notice under section 148 of the Income Tax Act, 1961 triggered by the Assessing Officer (AO)without due application of mind. Shashi Mohan...
![AO Triggered Reassessment without due Application of Mind: Delhi HC Quashes Notice Issued u/s 148 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/AO-Reassessment-AO-Triggered-Reassessment-Application-AO-Triggered-Reassessment-without-due-Application-of-Mind-Application-of-Mind-taxscan.jpg "AO Triggered Reassessment without due Application of Mind: Delhi HC Quashes Notice Issued u/s 148 of Income Tax Act [Read Order]")
![Inclusion of Comparable, even if it Clears Filters: Delhi HC allows Income Tax Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Inclusion-Inclusion-of-Comparable-even-if-it-Clears-Filters-Filters-Delhi-HC-Income-Tax-Appeal-Income-Tax-taxscan-1.jpg "Inclusion of Comparable, even if it Clears Filters: Delhi HC allows Income Tax Appeal [Read Order]")
Operation of Non- Compete Agreement for 10 years: Delhi HC rules Compensation received for Non-Carrying of Business is Capital in Nature [Read Order]
The Delhi High Court ruled that compensation received for non-carrying of business is capital in nature after considering the operation of non- compete agreement for 10 years. The assessee, M/s...
![Operation of Non- Compete Agreement for 10 years: Delhi HC rules Compensation received for Non-Carrying of Business is Capital in Nature [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Non-Compete-Agreement-Delhi-HC-Non-Carrying-of-Business-Capital-in-Nature-taxscan.jpg "Operation of Non- Compete Agreement for 10 years: Delhi HC rules Compensation received for Non-Carrying of Business is Capital in Nature [Read Order]")