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Settlement Commission Order Set Aside for Lack of “Full and True Disclosure” — Delhi High Court in Pr. CIT (Central)-2 vs Pankaj Buildwell Ltd. & Group (2024)
Facts of the CaseThe Revenue challenged the order dated 09 June 2014 passed by
the Income Tax Settlement Commission (ITSC) under Section 245D(4) for
Assessment Years 2001-02 to 2007-08 in respect of the respondent-asse...
Section 153C Notices Quashed for Lack of AY-Specific Incriminating Material — Delhi High Court in OPV Packaging Pvt Ltd vs ITO Ward 19(1), Delhi & Ors., WP(C) 1473/2024 & Connected Matters (09 April 2024)
Facts of the CaseThe present petitions formed part of a large batch of writ
petitions challenging notices issued under Section 153C of the Income Tax Act,
1961 to assessees who were not subjected to the original search...
Section 153C Proceedings Against Non-Searched Person Unsustainable Without AY-Specific Incriminating Material — Delhi High Court in Neelkanth Steel and Alloys vs ACIT Circle 49(1) & Ors., WP(C) 1764/2024 & Connected Matters (09 April 2024)
Facts of the CaseThe writ petitions formed part of a large batch challenging
notices issued under Section 153C of the Income Tax Act, 1961 to assessees who
were not subjected to the original search. The petitioners con...
Section 153C Notices Invalid Without AY-Specific Incriminating Material — Delhi High Court in Naresh Mittal vs ITO Ward 43(6), Delhi & Ors., WP(C) 1112/2024 & Connected Matters (09 April 2024)
Facts of the CaseThe writ petitions formed part of a batch challenging notices
issued under Section 153C of the Income Tax Act, 1961 to assessees who were not
subjected to the original search. The petitioners contended...
Delhi High Court on Section 153C Jurisdiction: Proceedings Against Non-Searched Person Invalid Without Year-Specific Incriminating Material — Modicare Limited vs DCIT (Central Circle-14), WP(C) 3007/2023 & Connected Matters (09 April 2024)
Facts of the CaseThe present petitions formed part of a batch challenging
notices issued under Section 153C of the Income Tax Act, 1961 to assessees who
were not subjected to the original search proceedings. The petiti...
Delhi High Court Quashes Section 153C Notices Without AY-Specific Incriminating Material — Mamta Agarwal vs ACIT (Central Circle-28), WP(C) 792/2024 & Connected Matters (09 April 2024)
Facts of the CaseThe writ petitions formed part of a batch challenging notices
issued under Section 153C of the Income Tax Act, 1961 to assessees who were not
subjected to the original search. The petitioners contended...
Section 153C Proceedings Invalid Without AY-Specific Incriminating Material — Delhi High Court in Chander Parkash Gupta vs ACIT, Circle 43(1), Delhi & Ors., WP(C) 1763/2024 & 1802/2024 (09 April 2024)
Facts of the CaseThe writ petitions challenged notices issued under Section
153C of the Income Tax Act, 1961 to assessees who were not subjected to the
original search. The petitioners asserted that no incriminating ma...
Section 153C Notices Quashed Without AY-Specific Incriminating Material — Delhi High Court in Ashutosh Agarwal vs ACIT (Central Circle-28), WP(C) 992/2024 & Connected Matters (09 April 2024)
Facts of the CaseA batch of writ petitions challenged notices issued under
Section 153C of the Income Tax Act, 1961 to assessees who were not subjected to
the original search. The petitioners contended that no incrimin...
Delhi High Court on Section 153C: Notices Invalid Without AY-Specific Incriminating Material — Ashutosh Agarwal vs ACIT (Central Circle-28), WP(C) 992/2024 & Connected Matters (2024)
Facts of the CaseThe batch of writ petitions challenged notices issued under
Section 153C of the Income Tax Act, 1961 to various assessees who were not the
searched persons. The petitioners contended that no incriminat...
Section 68 Additions Unsustainable When Identity, Creditworthiness & Genuineness Proved: Delhi High Court Dismisses Revenue Appeal in PCIT-9 v. Topline Buildtech Pvt. Ltd. (2024)
Facts of the CaseThe Revenue filed an appeal under Section 260A of the Income
Tax Act, 1961 challenging the order dated 13.04.2018 of the Income Tax
Appellate Tribunal (ITAT) for Assessment Year 2013-14.The respondent-...