K.C.C. Software Ltd vs. DIT (Inv.) (Supreme Court)

Related Judgements

1. Infosys Technologies (Supreme Court) 

   (i) A stock option which is subject to a ‘lock-in’ is not a chargeable perquisite u/s 17(2) on the date of grant, vesting or exercise. The benfit is purely notional. (ii) s. 17(2)(iiia) inserted w.e.f 1.4.2000 is not clarificatory; (iii) … Infosys Technologies (Supreme Court) Read More »

2. CIT vs. Suresh N. Gupta (Supreme Court) 

   S. 158BB has to be read with the relevant Finance Act and the surcharge prescribed therein is applicable to a block assessment. The Proviso to s. 113 of the Act, though inserted by the Finance Act 2002 with effect from … CIT vs. Suresh N. Gupta (Supreme…

3. M/s Ahmed Anis vs. CIT (Supreme Court) 

   Where the assessee had led satisfactory evidence that its business was that of a commission agent and not a trader and 10-11 years had passed, the assessee could not be held responsible for non-appearance of five traders to whom summons … M/s Ahmed Anis vs. CIT (Supreme…

4. Sumit Bhattacharya vs. ACIT (ITAT Mumbai Special Bench) 

   (i) Amounts received by an assessee from the foreign holding company of his employer company on redemption of stock appreciation rights, being “fruits of employment” is chargeable to tax as “salaries” despite the absence of an employer-employee relationship (ii) there … Sumit Bhattacharya vs. ACIT (ITAT Mumbai Special…

5. Amadeus Global Travel vs. DCIT (ITAT Delhi) 

   (i) The Amadeus system, by which subscribers in India are enabled to perform the functions of reservation and ticketing, represents a “business connection” because it extends to the Indian territory in the form of connectivity in India and generates income … Amadeus Global Travel vs. DCIT (ITAT Delhi)…