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Reassessment Notice Invalid Without Approval of Specified Authority under Sections 148, 148A & 151 of Income Tax Act – Delhi High Court in Twylight Infrastructure Pvt Ltd v Income Tax Officer & Connected Matters (2024)
Facts of the CaseMultiple writ petitions were filed before the Delhi
High Court challenging reassessment proceedings initiated by the Income Tax
Department for Assessment Years 2016-17
and 2017-18. The petitioners had...
Delhi High Court: Validity of Reassessment Proceedings under Sections 148 & 148A of the Income Tax Act – Twylight Infrastructure Pvt Ltd vs Income Tax Officer & Ors. (2024)
Facts of the
CaseThe petitioners, including Twylight Infrastructure Pvt. Ltd. and several other assessees,
filed writ petitions before the Delhi High Court challenging the reassessment
proceedings initiated by the Inc...
Reassessment Notice Quashed for Lack of Mandatory Approval under Section 151 – Twylight Infrastructure Pvt Ltd vs Income Tax Officer Ward-25(3), Delhi (Delhi High Court)
Facts of the CaseThe petitioners challenged reassessment proceedings
initiated by the Income Tax Department for Assessment Years 2016-17 and 2017-18. The Assessing Officer issued
notices under Section 148A(b)
and late...
Reassessment Notice Invalid Without Approval of Specified Authority under Section 151(ii) – Delhi High Court Quashes Notices under Sections 148 & 148A | Twilight Infrastructure Pvt. Ltd. v. Income Tax Officer & Connected Matters (2024)
Facts of the CaseThe petitioners had filed their returns of income
for the relevant Assessment Years including AY 2016-17 and AY 2017-18. The
returns were processed under Section
143(1) of the Income Tax Act, 1961.Sub...
Delhi High Court: Reassessment Notice Invalid Without Approval of Specified Authority – Twylight Infrastructure Pvt. Ltd. v. ITO (2024) | Sections 148, 148A, 149 & 151 Income Tax Act
Facts of the CaseThe petitions before the Delhi High Court concerned
reassessment proceedings initiated by the Income Tax Department for Assessment Years 2016-17 and 2017-18.In the illustrative case considered by the Co...
Twylight Infrastructure Pvt. Ltd. v. Income Tax Officer Ward-25(3), Delhi & Ors. – Delhi High Court on Validity of Reassessment Proceedings and Sanctioning Authority under Sections 148A & 151 of the Income-tax Act
Facts of the CaseThe petitioner, Twylight Infrastructure Pvt. Ltd.,
challenged reassessment proceedings initiated by the Income Tax Department. The
dispute arose after the Revenue issued a notice under Section 148A(b) ...
Reassessment Notice Quashed for Lack of Approval of Specified Authority under Sections 148, 148A & 151(ii) of the Income Tax Act – Delhi High Court in Twylight Infrastructure Pvt Ltd v. Income Tax Officer & Connected Matters (2024)
Facts of the CaseThe
petitioners filed their returns of income for Assessment Years 2016-17 and
2017-18 which were processed by the Income Tax Department under Section 143(1)
of the Income Tax Act.Subsequently,
follo...
Reassessment Notice Quashed for Want of Mandatory Approval under Section 151(ii) of the Income Tax Act – Twylight Infrastructure Pvt. Ltd. v. Income Tax Officer Ward-25(3), Delhi & Ors. (Delhi High Court, W.P.(C) 16524/2022 & Connected Matters, 05.01.2024)
Facts of the CaseMultiple petitioners, including Twylight
Infrastructure Pvt. Ltd., challenged reassessment proceedings initiated by the
Income Tax Department. The impugned notices were issued under Section 148 of the ...
Twylight Infrastructure Pvt Ltd v. Income Tax Officer (Delhi High Court, 2024) – Reassessment Notice Quashed for Want of Mandatory Approval under Sections 148, 148A & 151 of the Income Tax Act
Facts of the CaseThe petitions were filed by several assessees
including Twylight Infrastructure Pvt.
Ltd. challenging reassessment proceedings initiated by the Income Tax
Department.The Assessing Officer issued notic...
How to Respond to Penalty Levied under Section 271(1)(c) of the Income Tax Act, 1961
How to Respond to Penalty Levied under Section 271(1)(c) of the
Income Tax Act, 1961IntroductionSection 271(1)(c) of the Income Tax Act, 1961 provides for the
imposition of penalty where an assessee has concealed the p...