Case: The PR Commissioner of Income Tax v. DLF Home Developers, Forum: Supreme Court Background: Supreme Court Dismisses Revenue’s Appeal [SLP(C)] to Disallow brokerage related expenses. Given below is the summary of the case when appealed in Delhi HC for reference along with all the related links. Case: The PR Commissioner of Income Tax v. … Continue reading Whether expenses pertaining to brokerage incurred by a builder can be deductible as expenses?
Justice S. Ravindra Bhatt is one of the four judges elevated to the Supreme Court in the latest round of appointments. The elevation took place on September 23, 2019. Here is a brief background, experience, and insights on cases. Background Justice Bhatt completed his LLB from Delhi University and was enrolled in the bar in … Continue reading Judge Spotlight: Justice Sripathi Ravindra Bhatt
Justice Sanjiv Khanna was one of the two judges elevated to the Supreme Court in the latest round of appointments, becoming an SC judge on 18-1-2019. Prior to this he was one of the most experienced tax judges at the Delhi HC. He is now the third most experienced tax judge (in terms of number of … Continue reading Judge Spotlight – Justice Sanjiv Khanna
Per Incuriam cases are those which have been pronounced in ignorance of existing law or precedents and hence no longer hold any precedential value. Per incuriam cases can blindside practitioners if they are unaware of their status, since the Courts will not accept them as binding or even persuasive precedents. Here’s a list of per … Continue reading Per Incuriam Cases
A judgment, ideally, is a prime example of how one should structure any piece of text, especially legal texts. It is supposed to be coherent and concise, and importantly, follow a trail that takes the reader smoothly from one point to the other. While a judgment may simply seem like a collection of legalese to … Continue reading Anatomy of an Indian Tax Case
In the case of Commissioner of Income Tax, Chennai vs. S. Ajit Kumar, the Supreme Court has held that any material unearthed during a survey at the premises of a connected person can be included in block assessment of the assessee if such survey was conducted simultaneously to proceedings at the assessee's premises. Also Read: … Continue reading Material found during survey of premises of connected person can be included in block assessment of assessee