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Commissioner of Income Tax vs M/s Kishori Lal & Sons – Disallowance of Salary Paid to Partners Representing HUFs under Section 40(b) of the Income-tax Act, 1961 | Delhi High Court
Facts of the CaseThe present appeal and reference arose from orders
passed by the Income Tax Appellate Tribunal (ITAT) relating to different
assessment years concerning M/s Kishori Lal & Sons. The dispute centered
...
Commissioner of Income Tax, Delhi Central-II, New Delhi vs Smt. Nadira Faraz Hamid – Whether Assessment Can Be Set Aside on the Basis of Photocopies Without Production of Original Documents under Sections 158B & 158BC of the Income-tax Act, 1961
Facts of the CaseThe assessee was subjected to block assessment
proceedings for the period from 01.04.1986 to 06.11.1996. During assessment
proceedings under Sections 158B and 158BC of the Income-tax Act, the Assessing...
Shri Shyam Sales v. Assessing Officer & Another – Withdrawal of Writ Petition Challenging Assessment Proceedings; Liberty to Challenge Assessment Order Separately | Delhi High Court
Facts of the CaseThe petitioner, Shri Shyam Sales, approached the
Delhi High Court by filing a writ petition concerning assessment proceedings
undertaken by the Income Tax Department. During the hearing, the Court
cla...
Commissioner of Income Tax, Delhi v. Vishwant Kumar (2005) – Penalty under Section 271(1)(a) Read with Section 144 of the Income-tax Act, 1961 for Delay in Filing Return
Facts of the
CaseThe Revenue filed an appeal under Section 260A of
the Income-tax Act, 1961 before the Delhi High Court challenging the order of
the Income Tax Appellate Tribunal (ITAT) dated 21 November 2002.The disp...
Commissioner of Income Tax, Delhi-V vs M/s Ritesh Industries Ltd. – Whether Duty Drawback Qualifies as Profits Derived from an Industrial Undertaking for Deduction under Section 80-I of the Income-tax Act, 1961 | Delhi High Court
Facts of the
CaseThe Revenue filed an appeal under Section 260A of
the Income-tax Act, 1961 before the Delhi High Court challenging the
eligibility of deduction under Section 80-I on the amount received by the
assess...
UCO Bank v. Deputy Commissioner of Income Tax & Another (Delhi High Court) – Recovery Proceedings under Section 226(3) of the Income-tax Act During Pendency of Related Proceedings Before Bombay High Court
Facts of the CaseUCO Bank filed a writ petition under Article 226 of
the Constitution seeking a direction that the Deputy Commissioner of Income Tax
should not proceed with a communication/notice dated 28.12.2004 issue...
Commissioner of Income Tax, Delhi-VIII vs M/s SAE Head Office Monthly Paid Employees Welfare Trust & Connected Appeals – Taxability of Discretionary Welfare Trusts, Status of Assessee, Deduction under Section 80L and Applicability of Maximum Marginal Rate under Sections 161 & 164 of the Income-tax Act, 1961 | Delhi High Court
Facts of the
CaseThe Revenue filed multiple appeals under Section
260A of the Income-tax Act, 1961 against various welfare trusts established for
the benefit of employees of SAE entities. The principal controversy aro...
Commissioner of Income Tax-VI v. M/s Vikas Promoters Pvt. Ltd. (2005) – Penalty under Section 271(1)(c) Invalid Without Recorded Satisfaction in Assessment Order
Facts of the
CaseThe Assessing Officer completed the assessment of
the respondent-assessee under Section 143(3) of the Income-tax Act, 1961. While
passing the assessment order, the Assessing Officer disallowed certain...
Commissioner of Income Tax, Delhi v. Ramesh Arora (2005) – Section 260A Appeal on Rejection of Books of Account, Estimation of Gross Profit and Scope of Substantial Question of Law
Facts of the
CaseThe Revenue filed an appeal under Section 260A of
the Income-tax Act, 1961 against the order of the Income Tax Appellate Tribunal
(ITAT) relating to Assessment Year 1996-97. The Assessing Officer had ...
Commissioner of Income Tax v. Globe Sales Corporation (Delhi High Court) – Penalty under Section 271(1)(c) Cannot Be Sustained Without Proper Satisfaction Recorded by the Assessing Officer
Facts of the
CaseThe assessee, M/s Globe Sales Corporation,
filed its return of income for Assessment Year 1992-93 on 27 August 1992
declaring total income of Rs. 91,120. Upon scrutiny, the Assessing Officer
complete...