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ITAT Justified in Remanding Subsidy Taxability Pending Supreme Court Decision; After-Sales Provision Allowable on Scientific Basis – PCIT Noida vs. Triveni Engineering (Delhi HC)
Facts of the CaseThe Revenue filed an appeal under Section 260A of
the Income-tax Act, 1961 challenging the order dated 29.01.2025 passed by the
Income Tax Appellate Tribunal, which disposed of twelve appeals relating ...
No Depreciation Disallowance on Discarded Assets within Block; AMP Adjustment Unsustainable; Revenue Appeal Dismissed – PCIT-7 vs. Sony India Pvt. Ltd. (Delhi HC)
Facts of the CaseThe Revenue filed an appeal under Section 260A of
the Income-tax Act, 1961 challenging the order dated 30.08.2024 passed by the
Income Tax Appellate Tribunal for Assessment Year 2010-11. The Tribunal h...
Jurisdictional Assessing Officer Competent to Initiate Reassessment Despite Faceless Scheme; Writ Dismissed Following TKS Builders – Neena Wadhwa vs. PCIT (Delhi HC)
Facts of the CaseThe petitioner, Neena Wadhwa, filed a writ
petition challenging the notice dated 20.03.2024 issued under Section 148A(b)
of the Income-tax Act, 1961, the approval dated 30.03.2024 granted under
Sectio...
Jurisdictional Assessing Officer Has Concurrent Power to Initiate Reassessment Despite Faceless Regime; TKS Builders Followed – M/s Empire Fasteners vs. ACIT (Delhi HC)
Facts of the CaseThe petitioner, M/s Empire Fasteners, filed two
writ petitions challenging the order dated 27.06.2025 passed under Section
148A(3) of the Income-tax Act, 1961 and the consequential notice dated
27.06....
Department Directed to Release Refund with Interest Within Eight Weeks; Liberty Granted to Seek Revival if Shortfall Persists – Anil Kumar Goel vs. PCIT (Delhi HC)
Facts of the CaseThe petitioner, Mr. Anil Kumar Goel, approached
the Delhi High Court seeking issuance of a writ of mandamus directing the
Income Tax Department to issue consequential refunds in compliance with the
or...
Reassessment for AY 2013–14 Remanded to AO to Examine Surviving Period under Amended Law; Rajeev Bansal and Ram Balram Buildhome Applied – Mahendra Kumar Jhanwar vs. ITO (Delhi HC)
Facts of the CaseThe petitioner challenged the initial notice dated
17.06.2021 issued under Section 148 of the Income-tax Act, 1961 under the old
regime, the subsequent notice dated 28.05.2022 issued under Section 148A...
Jurisdictional Assessing Officer Competent to Initiate Reassessment Despite Faceless Regime; TKS Builders Reaffirmed – Mount Shikhar Financial Services Ltd. vs. ITO (Delhi HC)
Facts of the CaseThe petitioner, Mount Shikhar Financial Services
Limited, filed a writ petition challenging the reassessment proceedings
initiated by the Income Tax Officer, Ward-17(1), through issuance of notice
und...
Rejection of Delay Condonation for Form 10BB Set Aside; Authority Directed to Decide Earlier Application under Section 119(2)(b): Anupam Gian Vikas Pari Shad vs. CIT (Exemption) (Delhi HC)
Facts of the
CaseThe petitioner, Anupam Gian Vikas Pari Shad, is a
charitable trust registered under Section 12A of the Income-tax Act and
entitled to claim exemption under Section 10(23C). The trust has been running
...
Credit of Advance Tax Paid under Predecessor PAN to Be Granted Manually; Revenue Directed to Issue Paper Refund and Stay Demand – Landmark Property Development Co. Ltd. vs. DCIT (Delhi HC)
Facts of the CaseThe petitioner, Landmark Property Development Co.
Ltd., approached the Delhi High Court seeking credit of advance tax that had
been paid under the PAN of its predecessor entity but was required to be g...
Jurisdictional Assessing Officer and Faceless Assessing Officer Have Concurrent Power to Issue Reassessment Notice; TKS Builders Reaffirmed – Inder Dev Gupta vs. ITO (Delhi HC)
Facts of the CaseThe petitioner, Inder Dev Gupta, filed a writ
petition challenging the reassessment proceedings initiated by the Income Tax
Officer, Ward-27(1), by issuance of notice under Section 148 of the Income-ta...