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Jurisdictional AO and Faceless AO Have Concurrent Power to Issue Reassessment Notices under Section 148: TKS Builders Reaffirmed – Yukti Export vs. ITO (Delhi High Court)
Facts of the CaseThe petitioner, Yukti Export, along with several
connected petitioners, filed writ petitions challenging reassessment
proceedings initiated under Section 148 of the Income-tax Act, 1961. The
primary c...
Employees’ PF/ESI Contribution Deposited Beyond Statutory Due Date Disallowable Even Under Section 143(1): Checkmate Services Applied – Woodland (Aero Club) Pvt. Ltd. vs. ACIT (Delhi High Court)
Facts of the CaseThe appellant, Woodland (Aero Club) Private
Limited, filed its return of income for Assessment Year 2019–20 declaring
income of ₹15,78,68,550. The return was processed under Section 143(1) of the
...
Rectification under Section 154 to Levy Interest under Section 234A Barred by Limitation; ITNS-150 Forms Part of Assessment Order – Dhansamridhi Finance Pvt. Ltd. vs. DCIT (Delhi HC)
Facts of the
CaseThe petitioner, Dhansamridhi Finance Pvt. Ltd.,
filed a writ petition challenging the rectification order dated 26.12.2024
passed under Section 154 of the Income-tax Act, 1961 and the consequential
d...
Delay Caused by Accountant’s Lapse Constitutes Genuine Hardship under Section 119(2)(b): Rejection of Condonation Set Aside – VRG Electronics Pvt. Ltd. vs. PCIT (Delhi High Court)
Facts of the CaseThe petitioner, VRG Electronics Pvt. Ltd., filed
its Income Tax Return for Assessment Year 2023–24 on 30.12.2023, declaring
taxable income of ₹19,76,540 and claiming a refund of ₹4,190 while opti...
Union of India Has Locus to Maintain ITAT Appeals After Disbanding of CWG 2010 Organising Committee: Matters Remanded for Decision on Merits – Union of India vs. DDIT (Exemption) (Delhi High Court)
Facts of the CaseThe appeals were filed by the Union of India
through the Department of Sports, Ministry of Youth Affairs and Sports,
challenging the common order dated 09.04.2025 passed by the Income Tax
Appellate Tr...
Union of India Entitled to Pursue ITAT Appeals After Disbanding of CWG-2010 Organising Committee: Appeals Remanded for Decision on Merits – UOI vs. ADIT (Exemption) (Delhi High Court)
Facts of the CaseThe appeals were filed by the Union of India
through the Ministry of Youth Affairs and Sports challenging the common order
dated 09.04.2025 passed by the Income Tax Appellate Tribunal in ITA Nos.
1677...
Deployment of Funds in BARC Not an Investment under Section 13(1)(d); Exemption under Sections 11 and 12 Upheld – CIT (Exemptions) vs. Indian Broadcasting Foundation (Delhi HC)
Facts of the
CaseThe Revenue filed an appeal under Section 260A of
the Income-tax Act, 1961 challenging the order dated 08.09.2022 passed by the
Income Tax Appellate Tribunal in ITA No. 5589/Del/2018 for Assessment Ye...
Section 148 Notice Quashed Where Alleged Escapement Below ₹50 Lakh and Income Already Disclosed; Limitation under Section 149 Not Satisfied: Ankit Khandelwal vs. ITO (Delhi HC)
Facts of the
CaseThe petitioner, Ankit Khandelwal, a resident
individual, filed his return of income for Assessment Year 2014-15 declaring
total income of ₹9,43,944 arising from short-term capital gains on sale of
...
Refund Must Be Granted Where Assessment Is Set Aside and Demand Extinguished; Coercive Recovery and Bank Attachment Directed to Be Vacated – Alim Ahmad vs. ITO (Delhi High Court)
Facts of the
CaseThe petitioner, Alim Ahmad, filed his return of
income for Assessment Year 2020–21 on 14.01.2021 declaring income of
₹4,07,720/-. The return was selected for scrutiny and notices under Sections
1...
Condonation of 12-Day Delay in Filing ITR Wrongly Rejected Despite COVID Hardship: Mechanical Order under Section 119(2)(b) Set Aside – Udit Goyal vs. PCIT (Delhi High Court)
Facts of the CaseThe petitioner, Udit Goyal, filed his Income Tax
Return for Assessment Year 2021–22 on 12.01.2022 under Section 139(4) of the
Income-tax Act, 1961, declaring total income of ₹11,40,040 and claiming...