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The Commissioner of Income Tax vs. Meriton Towers Pvt. Ltd. (An Appeal Under Section 260A of the Income Tax Act, 1961, Concerning Share Application Money and the Scope of Deletions under Section 68 Regarding Established Corporate Shareholder Identities)
Facts of the CaseThe Appellant, the Commissioner of Income Tax, filed an appeal
under Section 260A of the Income Tax Act, 1961, challenging the order dated
September 10, 2009, issued by the Income Tax Appellate T...
Commissioner of Income Tax vs. M/s New Age Infosys Pvt. Ltd. – Share Application Money Cannot Be Added as Unexplained Cash Credit under Section 68 When Identity, Creditworthiness and Genuineness are Established | Delhi High Court
Facts of the Case
The assessee company received share application money amounting to
₹12,50,000/- from two corporate entities.
The Assessing Officer treated the amount as unexplained cash credit
under S...
Commissioner of Income Tax vs. Anil Kumar Batra [2010] 2010:DHC:4825-DB (Delhi High Court) | Section 260A Income Tax Act | Revenue Appeal Dismissed Following Earlier Decision on Identical Tribunal Order
Facts of the
Case
The Commissioner of Income Tax filed the present appeal under
Section 260A of the Income Tax Act, 1961.
The appeal challenged the order dated 15 January 2010 passed by the
Income Tax Ap...
The Commissioner of Income Tax v. M/s Iris Computers Ltd. Income Tax Appeal under Section 260A of the Income Tax Act, 1961 regarding Deletion of Unexplained Cash Credits under Section 68 concerning Share Application Money.
Facts of the Case
Assessment
& Dispute: The Revenue filed an appeal challenging the
order dated October 9, 2009, passed by the Income Tax Appellate Tribunal
(ITAT) for the Assessment Year 2004-05....
Commissioner of Income Tax vs. Anil Kumar Batra [2010] 2010:DHC:4827-DB (Delhi High Court) – Revenue Appeal Dismissed Following Earlier Decision on Identical Tribunal Order under Section 260A of the Income Tax Act, 1961
Facts of the Case
The Income Tax Appellate Tribunal passed a common order dated 15
January 2010 disposing of six Revenue appeals relating to Assessment Years
1998-99, 1999-2000, 2000-01, 2001-02, 2002...
Commissioner of Income Tax vs. Medsave Healthcare Limited | Delhi High Court | Penalty u/s 271(1)(c) Cannot Be Levied Where Full Disclosure of Income Recognition Method Is Made
Facts of the CaseThe Revenue filed an appeal before the Delhi High
Court under Section 260A of the Income Tax Act, 1961 challenging the order of
the Income Tax Appellate Tribunal (ITAT) for Assessment Year 2003-04.The ...
Lachman Dass Bhatia Vs. Assistant Commissioner of Income Tax: Delhi High Court Order on the Withdrawal of Income Tax Appeals to Pursue Alternative Writ Remedies | Section 260A
Facts of the CaseThe case involves a batch of six income tax appeals filed
before the High Court of Delhi, registered under ITA Nos. 724/2010, 725/2010,
726/2010, 727/2010, 728/2010, and 729/2010. The appellant in all ...
Commissioner of Income Tax vs. Anil Kumar Batra (2010) – Delhi High Court Dismisses Revenue’s Appeal under Section 260A of the Income Tax Act Following Earlier Decision in Connected Appeals
Facts of the
Case
The Income Tax Appellate Tribunal passed a common order dated 15
January 2010 disposing of six Revenue appeals relating to different
assessment years.
Aggrieved by the Tribunal's decisi...
Lachman Dass Bhatia vs. Assistant Commissioner of Income Tax: Delhi High Court Permits Strategic Withdrawal of Multiple Statutory Income Tax Appeals (ITA Nos. 724-729/2010) Under Section 260A to Invoke Extraordinary Writ Jurisdiction Under Article 226 of the Constitution of India
Facts of the CaseThe assessee, Lachman Dass Bhatia, filed a series of six
interconnected Income Tax Appeals (ITA Nos. 724 to 729 of 2010) before the High
Court of Delhi. These statutory appeals were directed against th...
Commissioner of Income Tax v. Indian Oil Panipat Power Consortium Ltd. (2010) 2010:DHC:4857-DB | Delhi High Court | Section 260A Income Tax Act | Revenue Appeal Dismissed Following Earlier Decisions
Facts of the Case
The Revenue filed an appeal under Section 260A of the Income Tax
Act, 1961 before the Delhi High Court.
The appeal challenged the order dated 18 September 2009 passed by
the Income Tax A...