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Principal Commissioner of Income Tax vs Micro & Small Enterprise Facilitation Council & Anr. – Delhi High Court on MSMED Act vs Income Tax Act (Section 142(2A) Special Audit Fee Dispute)
Facts of
the Case
The
Income Tax Department appointed a CA Firm (M/s SBG & Co.) as Special
Auditor under Section 142(2A).
After
completion of audits, the CA Firm raised invoices claiming subst...
CCTEB India Private Limited vs Assistant Commissioner of Income Tax (Central Circle-17) & Anr. – Delhi High Court | Stay on Tax Demand | Section 281B Income Tax Act | 20% Deposit Rule Clarified
Facts of the Case
The
petitioner faced a total tax demand of ₹56.48 crore across three
assessment years.
The
department directed payment of ₹35.42 crore pending appeal before
CIT(A).
B...
CCTEB India Private Limited vs Assistant Commissioner of Income Tax, Central Circle-17 & Anr. – Delhi High Court (AY 2019-20 to 2021-22 | Section 281B | Stay of Demand | 20% Deposit Rule)
Facts of the Case
The
petitioner, CCTEB India Private Limited, faced tax demands for AYs 2019-20,
2020-21, and 2021-22, aggregating to approximately ₹56.48 crores.
The
Principal Commissione...
S.B. Distributors & Ors. vs Income Tax Officer Ward 35(1) Delhi & Ors. – Invalid Reassessment Without Show Cause Notice | Delhi High Court
Facts of the CaseThe petitioner challenged the assessment order dated
29.05.2023 passed by the Assessing Officer under Section 147 read with Section
144 of the Income Tax Act, 1961. It was contended that the Asse...
CCTEB India Private Limited vs Assistant Commissioner of Income Tax, Central Circle-17 & Anr. (Delhi High Court, 2023) – Stay of Demand & Section 281B Attachment Relief
Facts of the CaseThe petitioner, CCTEB India Private Limited, filed writ
petitions concerning Assessment Years 2019–20, 2020–21, and 2021–22.A total demand of approximately ₹56.48 crores was raised by
the reven...
Rajnish Yadav vs Income Tax Officer Ward 62(1), Delhi – Section 148A Violation Due to Non-Supply of Material | Delhi High Court
Facts of the CaseThe petitioner, Rajnish Yadav, was alleged to have received
accommodation entries from a third party, namely Sanjay Jain, and to have made
bogus purchases amounting to ₹11,98,577. A notice date...
Standard Chartered Grindlays Bank Ltd. vs Assistant Commissioner of Income Tax (International Taxation Circle-3(1)(2)) – Section 36(1)(vii) Bad Debts Deduction Allowed | Delhi High Court
Facts of the Case
The
assessee filed its return for AY 2003–04 declaring taxable income of
₹205.74 crores.
The
Assessing Officer completed assessment under Section 143(3) determining
inco...
DLF Homes Panchkula Pvt. Ltd. & Anr. vs Additional Commissioner of Income Tax & Anr. (Delhi High Court, 2023)
Facts of the CaseThe present writ petitions were filed by the petitioners,
namely DLF Homes Panchkula Pvt. Ltd. and DLF Home Developers Ltd., challenging:
The
penalty order dated 28.11.2022 passed under Section ...
DLF Homes Panchkula Pvt. Ltd. & Anr. vs Additional Commissioner of Income Tax & Anr. (Delhi High Court, 2023) – Penalty u/s 271C Quashed Where No Default u/s 201 Established
Facts of the Case
The
petitions relate to Financial Year 2013–14.
The
petitioners challenged:
Penalty
order dated 28.11.2022 passed under Section 271C, and
Demand
notice issued...
Experion Developers Pvt. Ltd. vs Dy. Commissioner of Income Tax – Delhi High Court Quashes TDS Demand on External Development Charges (EDC) under Section 194-I
Facts of the CaseThe petitioner, Experion Developers Pvt. Ltd., filed a writ
petition challenging:
Order
dated 31.01.2023 passed under Sections 201(1) and 201(1A) of the Income
Tax Act
Demand
noti...