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Prateek Chitkara vs Joint Commissioner of Income Tax Central Circle-2 & Anr. (Delhi High Court, 2023) – Penalty u/s 41 Black Money Act Set Aside for Non-Consideration of Assessee’s Reply
Facts of the Case
The
petitioner challenged a penalty order dated 29.03.2023 passed under
Section 41 of the Black Money Act.
A show
cause notice dated 02.03.2023 was issued granting opportuni...
PR. Commissioner of Income Tax vs M/s Religare Enterprises Ltd (Delhi High Court) – Section 14A Disallowance Cannot Exceed Exempt Income | AY 2014-15
Facts of the CaseThe present appeal was filed by the Revenue against the order
dated 29.08.2022 passed by the Income Tax Appellate Tribunal concerning
Assessment Year 2014–15. The respondent/assessee earned exe...
Commissioner of Income Tax (Exemptions) Delhi vs National Accreditation Board for Testing and Calibration Laboratories – Exemption under Sections 11 & 12 read with Section 2(15) upheld (Delhi High Court)
Facts of the CaseThe present appeals were filed by the Revenue before the Delhi
High Court challenging the order dated 24.09.2021 passed by the Income Tax
Appellate Tribunal for Assessment Years 2013–14 and 2014–15...
PR. Commissioner of Income Tax (Central)-2 vs KKM Management Centre Pvt. Ltd. – No Disallowance of Secondment Cost & Principle of Consistency Upheld | Delhi High Court (ITA 214/2023)
Facts of the CaseThe present appeal pertains to Assessment Year 2014–15,
wherein the Revenue challenged the order of the Income Tax Appellate Tribunal
(ITAT), which upheld the deletion of an addition of approximately...
Ashok Kumar Madan vs Income Tax Officer Ward 67(1), New Delhi & Anr. – Reassessment Proceedings Set Aside Due to Procedural Lapses under Sections 148A(b), 148A(d) & 148 of the Income Tax Act, 1961
Facts of the CaseThe present writ petition was filed challenging the validity
of:
Notice
dated 17.03.2023 issued under Section 148A(b)
Order
dated 31.03.2023 passed under Section 148A(d)
Consequentia...
Pr. Commissioner of Income Tax-7 vs Veolia India Pvt. Ltd. | Delhi High Court | O&M Expenses Not Part of Contract Cost under Percentage Completion Method (AY 2010-11)
Facts of the Case
The
assessee, Veolia India Pvt. Ltd., was engaged in contracts involving
construction and subsequent operation & maintenance (O&M) phases.
The
assessee followed the percen...
Ardent Info Systems Pvt. Ltd. vs Pr. Commissioner of Income Tax-1 & Ors. (Delhi High Court, 2023) – Appeal Considered ‘Pending’ Under Vivad Se Vishwas Act Despite Procedural Defects
Facts of the CaseThe petitioner filed its income tax return for AY 2008–09,
which was later reassessed under Sections 147/144, determining taxable income.
Dissatisfied, the petitioner filed:
A physical
appeal...
Puneet Kumar Bansal HUF vs Income Tax Officer Ward 28(1), Delhi & Anr. – Delhi High Court Sets Aside Reassessment Order under Sections 148 & 148A(d) Due to Procedural Lapses (AY 2019-20)
Facts of the CaseThe petitioner, Puneet Kumar Bansal HUF, challenged the order
dated 30.03.2023 passed under Section 148A(d) along with the consequential
notice issued under Section 148 for Assessment Year 2019-2...
PR. Commissioner of Income Tax (Central)-2 vs M/s Financial World (India) Pvt. Ltd. – Binding Nature of CBDT Circulars & Recall of ITAT Orders (Delhi High Court)
Facts of the Case
The
Revenue filed an appeal before the High Court challenging the order of the
ITAT dated 23.08.2019.
The
ITAT had dismissed the Revenue’s appeal earlier due to low tax effect,
...
CLH Gaseous Fuel Applications Pvt. Ltd. vs National E-Assessment Centre, Income Tax Department (Delhi High Court, 2023) – Assessment Order Set Aside for Violation of Natural Justice under Section 68 & CBDT Instruction No. 20/2015
Facts of the CaseThe petitioner, CLH Gaseous Fuel Applications Pvt. Ltd.,
challenged the assessment order dated 22.04.2021 passed under the Faceless
Assessment Scheme, 2019 for Assessment Year 2018–19.The Assessing O...