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Commissioner of Income Tax (Exemptions) vs Asian Centre for Organisation Research & Development | Reassessment under Sections 147/148 and Charitable Exemption under Sections 12A, 12AA & 13(3) of the Income Tax Act
Facts of the
CaseThe Revenue filed appeals challenging the order of
the Income Tax Appellate Tribunal (ITAT), which had upheld the order of the
Commissioner of Income Tax (Appeals) [CIT(A)] in favour of the assessee. ...
Commissioner of Income Tax (Exemptions) vs Asian Centre for Organisation Research & Development | Reassessment under Sections 147/148 Invalid Where Charitable Exemption under Section 12A Continues – Delhi High Court
Facts of the
CaseThe Revenue preferred appeals before the Delhi High
Court challenging the order of the Income Tax Appellate Tribunal (ITAT),
whereby the Tribunal upheld the order of the Commissioner of Income Tax
(A...
Principal Commissioner of Income Tax (Central)-1 vs Aditya Khanna | Delhi High Court | Reassessment under Sections 148 & 143(3) and Addition under Section 68 of the Income Tax Act
Facts of the
CaseThe assessee had originally filed the return
declaring net income of ₹98,850/-. Subsequently, reassessment proceedings were
initiated under Section 148 based on information received from the Directo...
Manoj Hora vs. Income Tax Department | Validity of Additions in Search Assessment under Sections 132 & 153C of the Income-tax Act, 1961 | Delhi High Court
Facts of the
CaseA search and seizure action under Section 132
of the Income-tax Act was conducted in the case of M/s Rajdarbar Group.
Consequent to the search proceedings, certain assessment actions were initiated
a...
Principal Commissioner of Income Tax (Central)-1 vs Manoj Hora | Delhi High Court | Section 132(4), Section 132, Search Assessment & Third-Party Statement Addition under Income Tax Act, 1961
Facts of the
CaseA search and seizure operation under Section 132 of
the Income Tax Act, 1961 was conducted on the premises of M/s Rajdarbar Group.
During the course of such proceedings, statements were recorded, incl...
Delhi High Court | Principal Commissioner of Income Tax (Central)-1 vs Vijay Pal Garg – Addition on Alleged Stock Discrepancy Based on Inflated Bank Stock Statements | Section 143(3) & Section 260A of Income-tax Act, 1961
Facts of the
CaseThe Revenue preferred an appeal under Section 260A
of the Income-tax Act against the order of the Income Tax Appellate Tribunal
(ITAT). The dispute arose from a search assessment conducted in the case...
Principal Commissioner of Income Tax (Central)-1 vs. Manoj Hora — Delhi High Court dismisses connected Income Tax Appeals and affirms earlier findings in principal matter (ITA 1045/2017)
Facts of the
Case
The Revenue, through the Principal Commissioner of Income Tax
(Central)-1, preferred multiple connected appeals against the assessee.
These appeals arose from a common factual and legal matr...
M/s GKN Driveline India Ltd. Vs Commissioner of Income Tax (Delhi High Court) – Non-Compete Fee Paid Under Business Acquisition Held as Capital Expenditure under Section 37(1) of the Income Tax Act, 1961
Facts of the
CaseThe assessee, GKN Driveline India Ltd., engaged in
manufacturing front wheel drive axle assemblies, entered into an agreement
dated 16 February 1995 with Shriram Mobiles Limited (SML) for
acquisition...
Kanwaljit Sethi & Anr. vs Income Tax Officer, Ward-41(1), New Delhi | Delhi High Court on Withdrawal of Writ Petition Challenging Re-Opening of Assessment under the Income Tax Act, 1961
Facts of the
CaseThe petitioners, namely Kanwaljit Sethi and Jasbir
Singh Sethi, approached the Delhi High Court by way of writ petitions against
the action of the Income Tax Officer relating to re-opening of assessme...
Principal Commissioner of Income Tax-2, Agra vs M/s Chitrakoot Merchandise Pvt. Ltd. | Delhi High Court on Section 68 & Section 153C – Addition in Search Assessment Without Incriminating Material
Facts of the
CaseA search and seizure operation was conducted on
31.07.2008 at the premises of the “Rajdarbar Group.” During the course of the
search, certain documents belonging to the assessee company, M/s Chitr...