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Sofema SA France vs Deputy Director of Income Tax & Others – Reassessment under Sections 147 and 148 of the Income-tax Act, 1961 and Right to File Objections Against Recorded Reasons | Delhi High Court
Facts of the CaseThe petitioner, Sofema SA France, challenged three notices
issued under Section 147 read with Section 148 of the Income-tax Act, 1961
seeking reopening of assessments for Assessment Years 1999-2000 and...
Income-Tax Reference on Section 37(2B) Disallowance and Section 35B Weighted Deduction: Commissioner of Income-tax, Delhi-II versus M/s Projects & Equipment Corporation of India Ltd. — Legal Interplay of Business Expenditure Restrictions and Export Markets Development Allowance under the Income-tax Act, 1961
Facts of the Case
The
Originating Reference: The matter reached the Hon'ble Delhi
High Court via a formal reference made by the Income-tax Appellate
Tribunal (ITAT), Delhi Bench 'D', New Delhi, exerci...
Commissioner of Income Tax, Delhi-IV v. Medipac (P) Ltd. (2001) – Penalty under Sections 271(1)(c) and 273(a) of the Income-tax Act, 1961 for False Estimate of Advance Tax and Concealment of Income
Facts of the CaseThe Income-tax Appellate Tribunal, Delhi Bench-B, referred
certain questions of law to the Delhi High Court under Section 256(1) of the
Income-tax Act, 1961, at the instance of the Revenue. The dispute...
Sujan Singh Oberoi vs Commissioner of Income Tax & Others – Liability for Unearned Increase in Property Purchased by Auction After Central Government Acquisition under Section 269UD of the Income-tax Act, 1961 | Delhi High Court
Facts of the CaseThe dispute related to Property No. 7A/75, WEA, Karol Bagh,
New Delhi.The property had been purchased by the Central Government
pursuant to an order dated 18 May 1987 passed by the Appropriate Authorit...
Mrs. V.K.S. Bawa v. Commissioner of Income Tax, Delhi-IX – Eligibility of Exemption under Section 54F of the Income-tax Act, 1961 Where Ownership of Residential Property is Disputed
Facts of the CaseThe assessee, Mrs. V.K.S. Bawa, earned long-term capital gains
during Assessment Years 1992-93 and 1993-94 from the sale of shares and
jewellery. Out of such gains, she invested substantial amounts in ...
M/s Kraft Industries vs Income-tax Officer – Reopening of Assessment under Sections 147(a) and 148 of the Income-tax Act, 1961 and Assessee’s Right to Obtain Recorded Reasons | Delhi High Court
Facts of the CaseThe petitioner, M/s Kraft Industries, filed the present writ
petition challenging the validity of notices issued under Section 147(a) read
with Section 148 of the Income-tax Act, 1961 in relation to As...
Vijay Syal vs Income Tax Officer, New Delhi & Another – Recovery of Disputed Tax Demand During Pendency of Appeal and Stay Order | Sections 220(6), 246A & Appellate Proceedings under the Income-tax Act, 1961 | Delhi High Court
Facts of the CaseThe petitioner, Vijay Syal, challenged an order dated 10
February 2003 issued by the Income Tax Officer, Ward 30(1), New Delhi,
directing him to deposit an outstanding tax demand of Rs. 2,66,007 pertai...
Dinesh Kumar v. Commissioner of Income Tax, Delhi-III – Penalty for Concealment under Section 271(1)(c) and Scope of Reference under Section 256(2) of the Income-tax Act, 1961
Facts of the CaseThe assessee, Dinesh Kumar, filed his return of income for
Assessment Year 1973-74 declaring a total income of Rs. 9,000. During
assessment proceedings, the total income was determined at Rs. 20,100. A...
M/s Orissa Cement Limited vs Income-tax Officer & Another – Reassessment under Sections 147/148 and Deduction for Scientific Research Contribution under Section 35(1)(ii) of the Income-tax Act, 1961 | Delhi High Court
Facts of the CaseThe petitioner, M/s Orissa Cement Limited, challenged the
validity of a notice dated 30 March 1978 issued under Sections 147 and 148 of
the Income-tax Act, 1961 for reopening the assessment relating to...
Commissioner of Income-tax, Delhi-II v. M/s Qantas Airways Ltd. (2001) – Taxability of Interest Earned on Commonwealth Treasury Bonds by Non-Resident Airline under Sections 5(2), 9 and Rule 10 of the Income-tax Act, 1961
Facts of the CaseM/s Qantas Airways Ltd., a company wholly owned by the
Government of Australia and engaged in the business of operating international
airline services, filed its return of income for the Assessment Yea...