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Dinesh Dahiya vs Principal Commissioner of Income Tax, Delhi-20 | Delhi High Court | Section 68, 147, 148 Income Tax Act | Unexplained Cash Deposit & Presumptive Income on Share Trading
Facts of the CaseThe assessee, Mr. Dinesh Dahiya, did not file his Return of
Income (ROI) for Assessment Year 2011–12. Subsequently, the Income Tax
Department identified cash deposits amounting to ₹10,51,885/- in h...
Commissioner of Income Tax (International Taxation)-2 vs Standard Chartered Grindlays Pty Ltd (Delhi High Court) – Expenses Attributable to Indian Business Not Covered Under Section 44C
Facts of the CaseThe present appeal pertains to Assessment Year 2003–04,
wherein the Revenue challenged the order passed by the Income Tax Appellate
Tribunal (ITAT).The Assessing Officer (AO) disallowed certain
expe...
Subodh Gupta vs Assistant Commissioner of Income Tax & Ors. (Delhi High Court, 2023) – Assessment Orders Set Aside Due to Violation of Principles of Natural Justice in Virtual Hearing
Facts of the CaseThe petitioner, Subodh Gupta, challenged assessment orders
for Assessment Years 2015–16 and 2016–17. The challenge was limited to violation
of principles of natural justice.
Show
cause noti...
Subodh Gupta vs Assistant Commissioner of Income Tax (Delhi High Court) – Assessment Orders Set Aside Due to Breach of Natural Justice in Video Conferencing Hearing [Sections 143(3), Principles of Natural Justice]
Facts of the CaseThe Petitioner, Subodh Gupta, filed writ petitions
concerning Assessment Years 2015–16 and 2016–17 challenging assessment
orders dated 30.05.2023 and 31.05.2023 passed by the Assessing Officer.The ...
Principal Commissioner of Income Tax, Central-3, Delhi vs Hike Private Limited (Delhi High Court) – Revenue vs Capital Expenditure | Section 143(3) | AY 2013-14 & 2014-15
Facts of the Case
The
assessee, Hike Private Limited, filed its return declaring substantial
losses for AY 2014-15.
The
case was selected for scrutiny, and assessment was completed under Section
...
PR. COMMISSIONER OF INCOME TAX vs. M/s Azure Retreat Pvt. Ltd. (Delhi High Court) – Section 68, 143(3), 153A/153B & 260A – Condonation of Delay & Deletion of Share Capital Addition
Facts of the CaseThe present appeal was filed by the Revenue before the Delhi
High Court under Section 260A of the Income Tax Act, 1961 against the order of
the Income Tax Appellate Tribunal.The case pertains to Assess...
Principal Commissioner of Income Tax, Central-3, Delhi vs Hike Private Limited (Delhi High Court) – Revenue vs Capital Expenditure | Sections 28 & 37 of Income Tax Act
Facts of the Case
The
assessee, Hike Private Limited, filed its return declaring substantial
losses.
The
Assessing Officer (AO), during scrutiny under Section 143(3), disallowed
expenses of â...
Rakesh Kumar Mohindroo vs Income Tax Officer Ward 59(3), Delhi & Anr. – Challenge to Reassessment Proceedings u/s 148A & 148 | Delhi High Court
Facts of the CaseThe present writ petition pertains to Assessment Year (AY)
2019–20, wherein the petitioner challenged reassessment proceedings initiated
by the Income Tax Department.The challenge was specifically ma...
Bid Services Division (Mauritius) Ltd. vs Deputy Commissioner of Income Tax, International Taxation (Delhi High Court, 2023) – Reassessment Proceedings Kept in Abeyance Pending AAR Decision
Facts of the
CaseThe petitioner, Bid Services Division
(Mauritius) Limited, challenged a reassessment notice dated 27.01.2021
issued under Section 148 of the Income Tax Act, 1961.During the pendency of the writ petiti...
PR. COMMISSIONER OF INCOME TAX-7 vs. PEPSICO INDIA HOLDING PVT. LTD. (Delhi High Court) – Section 36(1)(va), Section 143(1), Section 139(1) – Allowability of Employees’ PF Contribution Deposited on Next Working Day Due to National Holiday
Facts of the CaseThe appeal was filed by the Revenue against the order of the
Income Tax Appellate Tribunal (ITAT), which had allowed deduction to the
assessee in respect of employees’ contribution towards Provident ...