Blog Categories
Subscribe to Newsletter
Join our subscribers list to get the latest Tax Updates and Opportunities.
Reassessment Notice for AY 2015–16 Quashed as Time-Barred; TOLA Inapplicable Post Rajeev Bansal – Bhagwan Sahai Sharma vs. DCIT (Delhi HC)
Facts of the
CaseThe petitioner, Bhagwan Sahai Sharma, filed a writ
petition challenging the notice dated 30.07.2022 issued under Section 148 of
the Income-tax Act, 1961, the order dated 30.07.2022 passed under Sectio...
Depreciation on Block of Assets and AMP Adjustment Issues Covered by Binding Sony India Precedents: Revenue Appeal Dismissed – PCIT-7 vs. Sony India Pvt. Ltd. (Delhi High Court)
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...
Reassessment Proceedings for AY 2013–14 Held Time-Barred; Section 153(6) Inapplicable Where No Court Direction – Ameeta Goyal vs. Assessment Unit (Delhi HC)
Facts of the
CaseThe petitioner, Ameeta Goyal, filed a writ petition
challenging the continuation of reassessment proceedings for Assessment Year
2013–14 initiated pursuant to notice dated 20.03.2019 issued under Se...
Advance Pricing Agreement Though Not Applicable Has Persuasive Value Where FAR Unchanged: Transfer Pricing Adjustment Deleted – PCIT-1 vs. FIS Global Business Solutions India Pvt. Ltd. (Delhi High Court)
Facts of the CaseThe Revenue filed an appeal under Section 260A of
the Income-tax Act, 1961 challenging the order dated 18.06.2020 passed by the
Income Tax Appellate Tribunal relating to Assessment Year 2010-11. The Tr...
Assessment under Section 144C Void for Non-Eligible Assessee; Issues on PE Attribution Already Settled by Supreme Court: Revenue Appeal Closed as Academic – CIT (IT) vs. Travelport LP (Delhi High Court)
Facts
of the CaseThe
Revenue filed an appeal under Section 260A of the Income-tax Act, 1961
challenging the order dated 09.02.2023 passed by the Income Tax Appellate
Tribunal for Assessment Year 2011–12. The assess...
Reassessment Notices Sustained Where JAO and FAO Have Concurrent Jurisdiction and Limitation Properly Extended under Section 149 Provisos – Surender Kumar Wadhwa vs. PCIT-18 (Delhi High Court)
Facts of the CaseThe petitioner, Surender Kumar Wadhwa, filed a
writ petition challenging the notice dated 26.03.2024 issued under Section
148A(b), the approval dated 09.04.2024 under Section 151, the order dated
09.0...
Reassessment Proceedings Set Aside for Non-Service of Notices on Correct Email Address: Violation of Natural Justice – Siam Stock Holdings Ltd. vs. DCIT (Delhi High Court)
Facts of the CaseThe petitioner, Siam Stock Holdings Limited, filed
a writ petition challenging the show cause notice dated 17.03.2023 issued under
Section 148A(b) of the Income-tax Act, 1961, the order dated 17.04.202...
Subsistence Allowance Exempt from Bank Attachment under Section 226(3): Revenue Directed to Permit Operation of Salary Account – Saumya Chaurasia vs. DCIT (Delhi High Court)
Facts
of the CaseThe
petitioner, Saumya Chaurasia, approached the Delhi High Court challenging the
attachment of her bank account pursuant to an attachment notice dated
22.07.2024 issued under Section 226(3) of the I...
Compounding Charges at 5% Not Applicable Where Earlier Compounding Application Was Rejected: CBDT Guidelines Interpreted – Sangeet Seth vs. CCIT (Delhi High Court)
Facts of the CaseThe petitioner, Sangeet Seth, approached the Delhi
High Court seeking directions to the Chief Commissioner of Income Tax to pass a
compounding order under Section 279(2) of the Income-tax Act, 1961 in ...
Jurisdictional AO and Faceless AO Have Concurrent Power to Initiate Reassessment under Section 148: TKS Builders Reaffirmed Despite Dismissal of SLPs – Rhiti Talent Management Pvt. Ltd. vs. ITO (Delhi High Court)
Facts of the CaseThe petitioner, Rhiti Talent Management Private
Limited, filed a writ petition as part of a batch of connected matters
challenging reassessment proceedings initiated under Section 148 of the
Income-ta...