Mukherjea J. in Commissioner of Income-tax, Bombay v. Ahmedbhai Umarbhai & Co., Bombay

DCIT, NEW DELHI vs. M/S. SISTEMA SHYAM TELESERVICES LTD., NEW DELHI

In the result Appeal of the ld AO is dismissed

Bench: Shri Amit Shukla & Shri Prashant Maharishidcit, Vs. Sistema Shyam Circle-23(2), Teleservices Ltd, New Delhi A-60, Naraina Industrial Area-I, New Delhi Pan: Aaccs1709H (Appellant) (Respondent)

…INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “F”: NEW DELHI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER DCIT, Vs. Sistema Shyam Circle-23(2), Teleservices ltd, New Delhi A-60, Naraina Industrial Area-I, New Delhi PAN: AACCS1709H (Appellant) (Respondent) Revenue by : Shri Surender Pal, Sr. DR Assessee by: Shri Alok Vasant, CA Date of Hearing 11/12/2018 Date of pronouncement 25/01/2019 O R D E R PER PRASHANT MAHARISHI, A. M. 1. This appeal is filed by The Deputy Commissioner of Income tax [ The ld AO ] Circle 23(2), New Delhi against order of the ld Commissioner of Income…

PR. COMMISSIONER OF INCOME TAX-8 vs. SISTEMA SHYAM TELESERVICES LTD,

The appeals are disposed of

Bench: HON'BLE MR. JUSTICE SANJIV KHANNA,HON'BLE MR. JUSTICE ANUP JAIRAM BHAMBHANI

…ITA Nos.70/2013, 73/2013 & 1069/2017 Page 1 of 17 $~1-3 * IN THE HIGH COURT OF DELHI AT NEW DELHI + INCOME TAX APPEAL NO. 70/2013 % Date of decision: 15th November, 2018 COMMISSIONER OF INCOME TAX-III ..... Appellant Through: Mr. Asheesh Jain, Sr. Standing Counsel with Mr. Sanjay Kumar, Advocate. versus SHYAM TELELINK LTD. ..... Respondent Through: Mr. Piyush Kaushik, Advocate. INCOME TAX APPEAL NO. 73/2013 COMMISSIONER OF INCOME TAX-III ..... Appe…

COMMISSIONER OF INCOME TAX-III vs. SHYAM TELELINK LTD

The appeals are disposed of

Bench: HON'BLE MR. JUSTICE SANJIV KHANNA,HON'BLE MR. JUSTICE ANUP JAIRAM BHAMBHANI

…ITA Nos.70/2013, 73/2013 & 1069/2017 Page 1 of 17 $~1-3 * IN THE HIGH COURT OF DELHI AT NEW DELHI + INCOME TAX APPEAL NO. 70/2013 % Date of decision: 15th November, 2018 COMMISSIONER OF INCOME TAX-III ..... Appellant Through: Mr. Asheesh Jain, Sr. Standing Counsel with Mr. Sanjay Kumar, Advocate. versus SHYAM TELELINK LTD. ..... Respondent Through: Mr. Piyush Kaushik, Advocate. INCOME TAX APPEAL NO. 73/2013 COMMISSIONER OF INCOME TAX-III ..... Appe…

COMMISSIONER OF INCOME TAX-III vs. SHYAM TELELINK LTD

The appeals are disposed of

Bench: HON'BLE MR. JUSTICE SANJIV KHANNA,HON'BLE MR. JUSTICE ANUP JAIRAM BHAMBHANI

…ITA Nos.70/2013, 73/2013 & 1069/2017 Page 1 of 17 $~1-3 * IN THE HIGH COURT OF DELHI AT NEW DELHI + INCOME TAX APPEAL NO. 70/2013 % Date of decision: 15th November, 2018 COMMISSIONER OF INCOME TAX-III ..... Appellant Through: Mr. Asheesh Jain, Sr. Standing Counsel with Mr. Sanjay Kumar, Advocate. versus SHYAM TELELINK LTD. ..... Respondent Through: Mr. Piyush Kaushik, Advocate. INCOME TAX APPEAL NO. 73/2013 COMMISSIONER OF INCOME TAX-III ..... Appe…

NEW HOLLAND TRACTORS (INDIA) PRIVATE LIMITED

…tive of a right to receive profits.‘ To the same effect are the observations of Satyanarayana Rao J. in Commissioner of Income tax Madras v. Anamallais Timber Trust Ltd. [1950] 18 ITR 333 (Mad) and Mukherjea J. in CIT v. Ahmedbhai Umarbhai and Co. [1950]181 ITR 472 (SC) where this passage from the judgment of Mukerji J. in Rogers Pyatt Shellac & Co. v. Secretary of State for India 1 I.T.C. 363 , is approved and adopted. It is clear therefore that income may accrue to an Assessee without the actual receipt of the same. If the Assessee acquires a right to receive the income, the income can be said to ha…

Deputy Commissioner of Income Tax vs. CURLS & CURVES INDIA LTD.

…REPORTABLE * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA Nos. 514/2006, 439/2007, 980/2007, 14/2008, 409/2009, 193/2010, 1112/2008 & 598/2010 ITA Nos.1093/2008, 1142/2008, 1204/2008, 1099/2008, 627/2009, 1153/2010 Reserved On: 19th October, 2010 % Pronounced On: 29th October, 2010 1) ITA No.514 of 2006 Commissioner of Income Tax . . . Appellant through : Ms. Prem Lata Bansal, Advocate VERSUS Dinesh Kumar Goel . . .Respondent through: Mr. C.S. Aggarwal, Sr…

DEPUTY COMMISSIONER OF INCOME TAX vs. CURLS & CURVES INDIA LTD.

…REPORTABLE * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA Nos. 514/2006, 439/2007, 980/2007, 14/2008, 409/2009, 193/2010, 1112/2008 & 598/2010 ITA Nos.1093/2008, 1142/2008, 1204/2008, 1099/2008, 627/2009, 1153/2010 Reserved On: 19th October, 2010 % Pronounced On: 29th October, 2010 1) ITA No.514 of 2006 Commissioner of Income Tax . . . Appellant through : Ms. Prem Lata Bansal, Advocate VERSUS Dinesh Kumar Goel . . .Respondent through: Mr. C.S. Aggarwal, Sr…