The Supreme Court dismissed the Income Tax Department’s appeal due to delay, upholding the Delhi High Court order quashing reassessment proceedings against NDTV’s holding company RRPR Holdings. The ruling reinforces that reassessment cannot continue when the main tax claim itself has already been rejected in appellate proceedings.
The Delhi High Court ruled that payments to Amazon Web Services for cloud services are not taxable as royalty or technical fees. This judgment benefits global tech firms and Indian startups, affirming that standard cloud services do not grant customers rights or ownership over any technical infrastructure or intellectual property.
Today (12th March): The Delhi High Court has deferred its verdict on the Congress party’s petition seeking a stay on the Income Tax Department’s notice demanding over Rs 105 crore in taxes. The court indicated no apparent flaws in the Income Tax Appellate Tribunal’s ruling. The Congress argued urgency due to the upcoming elections. The party’s frozen accounts were central to the dispute.
