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PR. Commissioner of Income Tax (Central)-2 vs Nagar Dairy Pvt. Ltd. | Delhi High Court | AY 2009-10 | Additions Without Incriminating Material Not Sustainable
Facts of the CaseThe present appeal was filed by the Revenue challenging the
order dated 23.11.2022 passed by the Income Tax Appellate Tribunal. The matter
pertained to Assessment Year 2009–10.The Revenue sought to q...
The Pr. Commissioner of Income Tax (Central-1) vs. Forum Sales Pvt. Ltd. – No Addition Without Incriminating Material in Completed Assessments (AY 2011-12 & 2012-13)
Facts of the CaseThe present appeals were filed by the Revenue before the Delhi
High Court challenging the order of the Income Tax Appellate Tribunal dated
04.12.2019 concerning Assessment Years 2011-12 and 2012-13.The...
STANDARD CHARTERED BANK UK vs ASSISTANT COMMISSIONER OF INCOME TAX & ORS (Delhi High Court, W.P.(C) 9606/2023, AY 2019-20) – Reassessment Proceedings Quashed for Non-Consideration of Reply under Sections 148A & 148 of Income Tax Act, 1961
Facts of the CaseThe petitioner, Standard Chartered Bank UK, challenged:
Notice
dated 31.03.2023 issued under Section 148A(b)
Order
dated 03.05.2023 under Section 148A(d)
Consequential
notice un...
PR. Commissioner of Income Tax-7 vs. Sumitomo Corporation India Pvt. Ltd. | Delhi High Court | No Substantial Question of Law in Identical Issues – Appeals Dismissed
Facts of the CaseThe Revenue filed appeals before the High Court challenging a
common order dated 24.11.2021 passed by the Income Tax Appellate Tribunal
concerning AY 2015–16 and AY 2016–17.There was a delay of 214...
PR. Commissioner of Income Tax (Central)-2 vs Anuj Bansal | Delhi High Court | Section 153D Approval Held Invalid Due to Non-Application of Mind (AY 2017–18)
Facts of the CaseThe assessee filed a return declaring income of ₹87,20,580.
The Assessing Officer (AO), however, made additions including:
₹15,04,35,000
towards cash deposits in bank
₹1,54,07,100
...
Commissioner of Income Tax (Exemptions), Delhi vs GS1 India (Formerly EAN India) | Section 2(15) Income Tax Act | Delhi High Court (ITA 391/2023)
Facts of the CaseThe appeal was filed by the Revenue challenging the order
dated 06.08.2021 passed by the Income Tax Appellate Tribunal concerning
Assessment Year 2013–14. The dispute centered on whether the activiti...
Shashi Bala Sharma vs Income Tax Officer Ward 59(8), Delhi & Anr. | Delhi High Court | Reassessment u/s 147 & Denial of Section 54 Exemption Set Aside for Violation of Natural Justice
Facts of the CaseThe petitioner challenged the reassessment order passed under Section
147 read with Section 144B of the Income Tax Act for AY 2018–19 along with
the consequential demand notice under Section 156, bot...
PR. Commissioner of Income Tax-1 vs M/s Ansal Properties and Infrastructure Ltd (Delhi High Court) – Penalty u/s 271(1)(c) Not Sustainable Due to Defective Notice & Debatable Issue
Facts of the CaseThe present appeal arose from Assessment Year 2011–12, wherein
the assessee, M/s Ansal Properties and Infrastructure Ltd, filed its
return declaring income of ₹1,20,19,74,162, later revised to ₹1...
Unipatch Rubber Ltd. vs Principal Commissioner of Income Tax (Delhi High Court) – Section 80IC Deduction Not Allowed on Interest Income from Fixed Deposits Securing Entry Tax Liability
Facts of the Case
The
case pertains to Assessment Year 2014–15.
The
appellant, Unipatch Rubber Ltd., challenged the order of the Income
Tax Appellate Tribunal dated 31.05.2022.
The
asses...
Vandana Griha Nirman Limited vs Income Tax Officer, Ward 16(1), Delhi (2023) – Invalid Assessment Against Non-Existent Entity Quashed by Delhi High Court
Facts of the CaseThe petitioner, Vandana Griha Nirman Limited (VGNL),
challenged an assessment order dated 24.05.2023 passed by the Assessing Officer
(AO) for AY 2015–16.The core issue arose because:
The
asse...