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Detailed Legal Analysis: Withdrawal of Writ Petitions Following Favorable Appellate Orders
Facts of the CaseThe petitioner had initiated a series of legal challenges
against the revenue authorities by filing multiple writ petitions before the
Hon’ble Delhi High Court, specifically WP (C) No. 8282/2009, 833...
Limitation for Proceedings under Section 201/201(1A): Twenty First Century Finance Ltd. vs. CIT (Delhi High Court)
Facts
of the CaseThe appellant, Twenty First Century
Finance Ltd., underwent a search operation under Section 132 of the Income Tax
Act, 1961, on February 26, 1997. During this process, documents were seized
indicati...
Director of Income Tax (Exemption) vs. Charitable Society (Registration under Sections 12A & 80G Cannot Be Denied Merely Due to Low Expenditure on Charitable Activities) | Delhi High Court
Facts of the CaseThe Director of Income Tax (Exemption) refused registration to
the respondent society under Section 12A and approval under Section 80G of the
Income-tax Act, 1961. The refusal was based on the ground t...
Commissioner of Income Tax vs. Citicorp Maruti Finance Ltd.
Facts
of the Case·
The respondent assessee is a
Non-Banking Financial Company (NBFC) engaged in the business of money lending
and providing finance for automobiles und...
Director of Income Tax (Exemption) vs. Charitable Society – Registration under Sections 12A & 80G Cannot Be Denied Merely Due to Nominal Expenditure | Delhi High Court
Facts of the CaseThe Director of Income Tax (Exemption) refused registration to
the respondent society under Section 12A and denied approval under Section 80G
of the Income-tax Act, 1961. The rejection was based on the...
Income Tax Officer vs. M/s Delhi Iron Works (P) Ltd. & Ors.: Prosecution of Directors under Section 276-B
Facts
of the Case·
The petitioner filed complaints before
the ACMM seeking to summon, try, and punish the respondents under Section 276-B
of the Income Tax Act, 1961. ...
Income Tax Officer vs. M/s Delhi Iron Works (P) Ltd. & Ors. | Mandatory Notice under Section 2(35) for Prosecution under Section 276-B of Income Tax Act
Facts
of the Case·
The petitioner (Income Tax Officer)
filed complaints before the Additional Chief Metropolitan Magistrate (ACMM)
seeking to summon, try, and punish t...
Commissioner of Income Tax vs. Jagatjit Industries Ltd. – Deferred Revenue Expenditure Allowed Over Multiple Years Cannot Subsequently Be Treated Under Section 35D | Delhi High Court
Facts of the CaseThe assessee incurred expenditure amounting to approximately
₹1.56 crore during Assessment Year 1995-96 for establishing its business
relating to the manufacture and sale of beer and cold drinks. The...
Income Tax Officer vs. M/S Delhi Iron Works (P) Ltd. & Ors. | Prosecution Under Section 276-B and the Necessity of Notice Under Section 2(35)
Facts
of the Case·
The Income Tax Officer (petitioner)
filed complaints before the ACMM to summon, try, and punish the respondents
under Section 276-B of the Income Ta...
Madhu Lalwani vs Commissioner of Income Tax, Delhi (2011:DHC:198-DB) – Return of Seized Jewellery and Refund of Tax Deposit after Deletion of Addition under Section 69A of the Income Tax Act
Facts of the Case
On
19 August 1993, the Income Tax Department conducted a search and seizure
operation under Section 132 of the Income Tax Act, 1961 at the residential
premises of Madhu Lalwani and s...