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PR. COMMISSIONER OF INCOME TAX–4 vs M/s Imperative Hospitality Pvt Ltd (Delhi High Court) – Pre-operative Expenses & Set-off of Interest Income u/s 71
Facts of the
CaseThe appeal was
filed by the Revenue challenging the order of the Income Tax Appellate Tribunal
(ITAT) dated 10.06.2019.Two primary issues
arose:
Deletion of disallowance of pre-operative
expe...
Aadi India Private Limited vs Assistant Commissioner of Income Tax & Ors. (Delhi High Court, 2023) – Reassessment Invalid Due to Change of Opinion & Shift in Grounds under Section 148A
Facts of the CaseThe petitioner challenged the validity of reassessment
proceedings initiated under the Income Tax Act, 1961. The dispute arose from:
Notice
dated 23.02.2023 under Section 148A(b) alleging unexpl...
Ansal Buildwell Ltd. vs Chief Commissioner of Income Tax (TDS) & Ors. | Delhi High Court | Compounding Fee @3% vs 5% under Section 276B Income Tax Act
Facts of the CaseThe petitioner company filed a writ petition challenging an
order dated 19.01.2023 passed by the Income Tax Department, wherein the
application for compounding of offences was not satisfactorily addres...
Pr. Commissioner of Income Tax (Central)-2 vs Heaven Suppliers Pvt. Ltd. – Section 153C & Section 68 Additions Quashed in Absence of Incriminating Material (AY 2011-12 & 2012-13)
Facts of the Case
A
search under Section 132 was conducted on the J.P. Minda Group on
20.09.2013.
Certain
documents allegedly related to Heaven Suppliers Pvt. Ltd. (assessee)
were found durin...
Puneet Dhanda vs Principal Commissioner of Income Tax & Anr. (Delhi High Court, 2023) (Revisional Jurisdiction under Section 264 – Allowability of Set-Off of F&O Loss Omitted by Assessee)
Facts of
the CaseThe petitioner/assessee filed a writ petition challenging the
order dated 05.03.2021 passed by the Principal Commissioner of Income Tax
(PCIT), whereby the application under Section 264 of the Income ...
PR. Commissioner of Income Tax-7 vs M/s Security Printing and Mining Corporation of India Ltd (Delhi High Court) – Section 14A & CSR Expenses Disallowance | AY 2014-15
Facts of the CaseThe assessee, a public sector undertaking engaged in printing
banknotes and minting coins, filed its return declaring income of ₹512.53
crore.During assessment under Section 143(3), the Assessing Off...
Indus Towers Limited vs Assistant Commissioner of Income Tax & Anr. (Delhi High Court, W.P.(C) 12722/2023, Order dated 26.09.2023)
Facts of the CaseThe Petitioner, Indus Towers Limited, challenged the
intimation dated 01.09.2023 issued under Section 245 of the Income Tax Act,
1961, whereby the Respondent (Income Tax Department) adjusted the refund...
PR. Commissioner of Income Tax–12 vs M/s New Delhi Tyre House (Delhi High Court, AY 2013–14) – Taxability of Marketing Assistance Programme (MAP) Receipts
Facts of the
CaseThe respondent/assessee, M/s New Delhi Tyre House,
acted as a distributor for Exxonmobil Lubricants Pvt. Ltd. under a Marketing
Assistance Programme (MAP) agreement.During Assessment Year 2013–14:
...
Pepsico India Holding Pvt. Ltd. vs Commissioner of Income Tax (Delhi High Court) – Ad Hoc Disallowance & Validity of Assessment in Amalgamation Cases (AY 2013–14)
Facts of the
Case
The appeal pertains to Assessment Year 2013–14.
The Assessing Officer (AO) disallowed 10% of miscellaneous
expenses claimed by the assessee.
The CIT(A) reduced this disallowance to 2%. ...
Gudwala and Sons & Anr. vs Assistant Commissioner of Income Tax, Central Circle-4, Delhi (Delhi High Court, AY 2019–20, Section 148A Income Tax Act) – Reassessment Quashed Due to Lack of Material Evidence
Facts of the CaseThe
present writ petition pertains to Assessment Year (AY) 2019–20, wherein the
petitioners were subjected to reassessment proceedings initiated under Section
148A(b) of the Income Tax Act.The...