Dissimilar comparables in Transfer Pricing Owing to Intangibles as Goodwill and Product Development Costs: Delhi HC upholds Exclusion [Read Order]
In a recent ruling, the Delhi High Court upheld the exclusion of dissimilar comparables in transfer pricing due to intangibles such as goodwill and...
![‘Makaan in registered deed was not a residential house’: Delhi HC upholds ITATs Interpretation of Residential House for S. 54F Exemption [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Delhi-High-Court-ITAT-Income-Tax-Appellate-Tribunal-Income-Tax-Act-Makaan-Tax-cases-TAXSCAN.jpg "‘Makaan in registered deed was not a residential house’: Delhi HC upholds ITATs Interpretation of Residential House for S. 54F Exemption [Read Order]")
![‘AO Erroneously Added Value of Transaction, including the Element of Cash and Alleged Cash Payment’: Delhi HC quashes Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Delhi-High-Court-Assessment-Order-income-tax-assessment-transaction-Value-Taxscan.jpg "‘AO Erroneously Added Value of Transaction, including the Element of Cash and Alleged Cash Payment’: Delhi HC quashes Assessment Order [Read Order]")
![Delhi HCÂ Upholds ITATs Decision on Genuine Loss Claim in Tool and Die Transactions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Delhi-High-Court-ITAT-tool-and-die-loss-claim-Tool-and-die-transaction-tax-case-taxscan.jpg "Delhi HCÂ Upholds ITATs Decision on Genuine Loss Claim in Tool and Die Transactions [Read Order]")
Lack of Opportunity to Counter Allegations : Delhi HC upholds ITAT's Decision to set aside Order Pertaining to India-Singapore DTAA Issue [Read Order]
The Delhi High Court upheld the decision of the Income Tax Appellate Tribunal ( ITAT ) in an issue pertaining to India-Singapore DTAA to set aside the order as the assessee was not given an...
![Lack of Opportunity to Counter Allegations : Delhi HC upholds ITATs Decision to set aside Order Pertaining to India-Singapore DTAA Issue [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Counter-Allegations-ITATs-Decision-Delhi-HC-upholds-Lack-of-Opportunity-DTAA-Issue-Income-Tax-ITAT-Delhi-taxscan.jpg "Lack of Opportunity to Counter Allegations : Delhi HC upholds ITATs Decision to set aside Order Pertaining to India-Singapore DTAA Issue [Read Order]")
Assessment Year in Dispute falls beyond the period of Ten years stipulated u/s 149: Delhi HC Restrains Reassessment Proceedings [Read Order]
In a recent ruling, the Delhi High Court held that the assessment in question falled beyond the period of ten years stipulated under Section 149 of the Income Tax Act, 1961, and restrained the...
Reassessment Based on Insight Portal Information must be u/s 147/148, Not Section 153C: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court ruled that reassessment was initiated based on insight portal information so it must be under Section 147 or 148 of the Income Tax Act, 1961 not under...
![Reassessment Based on Insight Portal Information must be u/s 147/148, Not Section 153C: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Delhi-HC-Delhi-High-Court-Reassessment-Based-on-Insight-Portal-Reassessment-Insight-Portal-Information-taxscan.jpg "Reassessment Based on Insight Portal Information must be u/s 147/148, Not Section 153C: Delhi HC [Read Order]")
Delhi HC Rejects Challenge to Assessment Order u/s 143(3), Imposes Rs. 1 Lakh Cost for Frivolous Litigation [Read Order]
In a recent ruling, the Delhi passed under Section 143(3) of the Act. The High Court rejected a petition challenging the assessment order passed under Section 143( 3 ) of the Income Tax Act, 1961, as...
![Delhi HC Rejects Challenge to Assessment Order u/s 143(3), Imposes Rs. 1 Lakh Cost for Frivolous Litigation [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Delhi-high-court-Income-Tax-Section-143-3-of-Income-Tax-Act-Section-143-3-of-ITA-Income-Tax-Act-taxscan.jpg "Delhi HC Rejects Challenge to Assessment Order u/s 143(3), Imposes Rs. 1 Lakh Cost for Frivolous Litigation [Read Order]")
Purchases Claimed by Assessee not Proven to be Non-Business Related: Delhi HC Upholds ITAT's Findings [Read Order]
In a recent ruling, the Delhi High Court upheld the findings of the Income Tax Appellate Tribunal ( ITAT ) and held that the purchases claimed by the assessee were solely and exclusively for business...
![Purchases Claimed by Assessee not Proven to be Non-Business Related: Delhi HC Upholds ITATs Findings [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Delhi-high-court-Delhi-HC-Upholds-ITAT-Findings-Delhi-High-Court-case-on-business-related-purchases-taxscan.jpg "Purchases Claimed by Assessee not Proven to be Non-Business Related: Delhi HC Upholds ITATs Findings [Read Order]")
‘An Audit Report is not an Order of Determination u/s 106 (1) of the Finance Act, 2013’: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court dismissed the appeal filed by the revenue and held that an audit report is not an order of determination under Section 106 (1) of the Finance Act, 2013. In...
