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Income Tax Officer vs M/S Delhi Iron Works (P) Ltd. & Ors. | Prosecution Under Section 276-B Requires Notice Under Section 2(35) of the Income Tax Act
Facts
of the Case·
The petitioner, the Income Tax Officer,
filed complaints before the Additional Chief Metropolitan Magistrate (ACMM) to
summon, try, and punish the r...
Income Tax Officer vs. M/s Delhi Iron Works (P) Ltd. & Ors.: Mandatory Notice under Section 2(35) for Prosecution of Directors under Section 276-B
Facts
of the Case·
The petitioner (Income Tax Officer)
filed complaints before the Additional Chief Metropolitan Magistrate (ACMM) to
summon, try, and punish the respo...
Central Warehousing Corporation v. Assistant Commissioner of Income Tax & Commissioner of Income Tax | Delhi High Court | Reassessment under Sections 147/148 based on Orissa State Warehousing Corporation Judgment – Change of Opinion Doctrine and Section 10(29) Exemption
Facts of the Case
Central
Warehousing Corporation (CWC), a Government of India undertaking
constituted under the Warehousing Corporations Act, 1962, derived income
primarily from warehousing and stora...
Income Tax Officer Vs. M/s Delhi Iron Works (P) Ltd.: Mandatory Notice Under Section 2(35) for Prosecution Under Section 276-B of Income Tax Act
Facts
of the Case·
The petitioner filed complaints before
the ACMM praying that the respondents be summoned, tried, and punished under
Section 276-B of the Income Tax ...
Commissioner of Income Tax v. Splender Construction (2011) 2011:DHC:231-DB | Penalty under Section 271(1)(c) for Wrong Claim of Long-Term Capital Gain on Conversion of Stock-in-Trade into Investment
Facts of the CaseThe assessee company filed its return of income for Assessment
Year 2003-04 declaring total income of ₹1,78,64,668.During scrutiny assessment, the Assessing Officer noticed that
the assessee had decl...
Income Tax Officer vs. M/s Delhi Iron Works (P) Ltd. & Ors.
Facts
of the Case·
The Petitioner (Income Tax
Department) filed criminal complaints before the Additional Chief Metropolitan
Magistrate (ACMM) against the respondents ...
Commissioner of Income Tax v. HCL Technologies Ltd. | Delhi High Court Dismisses Revenue Appeals Following DCIT v. Binary Semantics Precedent | ITA Nos. 209, 210, 211 & 212 of 2010
Facts of the Case
The
dispute pertained to Assessment Year 2004-05.
The
Income Tax Appellate Tribunal decided the Revenue’s appeals as well as the
assessee’s cross-objections in favour of the as...
Income Tax Officer Vs. M/S Delhi Iron Works (P) Ltd. & Ors.
Facts
of the Case·
The Parties: The Petitioner in this matter is the Income Tax
Department (through the Income Tax Officer), and the Respondents are M/S Delhi
Iron Wor...
Rahuljee & Company Pvt. Ltd. v. Income Tax Appellate Tribunal-I & Others | Delhi High Court Permits Conversion of Writ Petition into Appeal under Section 260A of the Income Tax Act, 1961
Facts of the CaseThe petitioner-assessee, Rahuljee & Company Pvt. Ltd., had
challenged the assessment order before the Commissioner of Income Tax (Appeals)
and thereafter filed a second appeal before the Income Tax...
Commissioner of Income Tax (Revenue) vs. HCL Technologies Limited & HCL Techno Limited | Delhi High Court | ITA Nos. 209/2010, 210/2010, 211/2010 & 212/2010 | Assessment Year 2004-05 | Revenue Appeals Dismissed Following Earlier Precedents
Facts of the CaseThe present batch of appeals comprised ITA Nos. 209/2010,
210/2010, 211/2010 and 212/2010. ITA Nos. 209/2010 and 210/2010 related to
Assessment Year 2004-05 and involved the same question of law. Separ...