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Principal Commissioner of Income Tax (Central)-3 vs M/s Gahoi Buildwell Pvt. Ltd. (2022:DHC:2050-DB) – Section 260A Appeal on Brokerage, Deemed Dividend, Section 14A & Disallowances
Facts of the
CaseThe Revenue filed appeals before the Delhi High
Court challenging the order of the Income Tax Appellate Tribunal (ITAT) dated
29.03.2019 for Assessment Years 2007–08, 2008–09, and 2009–10.The IT...
Principal Commissioner of Income Tax (Central)-3 vs M/s Gahoi Buildwell (P) Ltd. | Delhi High Court | Section 260A, 14A, 68, 2(22)(e), 22, 23 Income Tax Act
Facts of the
CaseThe present appeals were filed by the Revenue under
Section 260A of the Income Tax Act, 1961 challenging the order dated
29.03.2019 passed by the Income Tax Appellate Tribunal (ITAT), wherein the
Tri...
SRC Aviation Pvt. Ltd. vs Assistant Commissioner of Income Tax & Anr. | Section 36(1)(ii) Income Tax Act – Disallowance of Bonus Paid to Shareholder-Directors as Dividend in Disguise (Delhi High Court)
Facts of the
CaseThe appellant, SRC Aviation Pvt. Ltd., filed
appeals under Section 260A of the Income Tax Act challenging the ITAT order for
Assessment Years 2011–12 and 2014–15. The company had two directors and...
PR. Commissioner of Income Tax (Central)-2 vs Imperial Housing Ventures Pvt. Ltd. | Delhi High Court | ITA 86/2022 | AY 2012-13 | Addition u/s 69C – Unexplained Expenditure Deleted | No Substantial Question of Law
Facts of the
Case
The appeal was filed by the Revenue against the order dated 26
August 2020 passed by the Income Tax Appellate Tribunal (ITAT) for
Assessment Year 2012–13.
The Assessing Officer (AO) ...
SRC Aviation Pvt. Ltd. vs Assistant Commissioner of Income Tax & Anr. | Disallowance of Bonus to Directors u/s 36(1)(ii) – Delhi High Court
Facts of the
CaseThe assessee, SRC Aviation Pvt. Ltd., filed
appeals under Section 260A challenging the order of the Income Tax Appellate
Tribunal (ITAT) for Assessment Years 2011–12 and 2014–15. The company had t...
PR. Commissioner of Income Tax–7 vs Power Links Transmission Ltd. | Section 36(1)(iii) Disallowance of Interest | Delhi High Court (2022:DHC:1395-DB)
Facts of the
CaseThe present appeals were filed by the Revenue
challenging the orders dated 02 March 2021 passed by the Income Tax Appellate
Tribunal (ITAT) for Assessment Years 2013–14 and 2014–15.The Assessing O...
PR. Commissioner of Income Tax-7 vs Power Links Transmission Ltd (2022) – Section 36(1)(iii) Disallowance & Principle of Consistency in Taxation
Facts of the
Case
The Revenue challenged ITAT orders dated 02 March 2021 for AY
2013-14 and 2014-15.
The Assessing Officer disallowed interest expenditure amounting to
₹5.64 crore under Section 36(1)(...
Nidhi Agrawal vs Income Tax Officer, Ward 69(1) Delhi & Ors. (2022:DHC:1427-DB) – Reassessment u/s 148 Set Aside Due to Violation of Natural Justice
Facts of the
Case
The petitioner challenged:
Reassessment notice dated 31 March 2021
Assessment order dated 31 March 2022
The notice was emailed at 11:36 PM on 31 March 2021.
The petitioner argued ...
Smart Cube India Pvt Ltd vs Deputy Commissioner of Income Tax Circle 22(2) (Delhi High Court, 2022) – Invalid Assessment Order for Non-Compliance with Section 144C DRP Procedure
Facts of the
CaseThe Petitioner, Smart Cube India Pvt Ltd,
filed a writ petition challenging the assessment order dated 30 March 2022
passed under Sections 143(3) read with 254 of the Income Tax Act for AY
2011–12....
Virasat Foundation vs National Faceless Assessment Centre & Ors. | Delhi High Court | Section 147 r/w 144B Income Tax Act | Personal Hearing Mandatory
Facts of the
CaseThe petitioner challenged an assessment order dated
28 March 2022 passed under Section 147 read with Section 144B of the Income Tax
Act, 1961. The grievance raised was that despite a specific request ...