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M/s ESS Advertising (Mauritius) SNC & ESS Distribution (Mauritius) SNC vs Assistant Commissioner of Income Tax, International Taxation (Delhi High Court, 2021)
Facts of the
CaseThe petitioners, M/s ESS Advertising (Mauritius)
SNC and M/s ESS Distribution (Mauritius) SNC, were non-resident
partnership firms incorporated in Mauritius. They were engaged in advertisement
sales ...
Principal Commissioner of Income Tax–01, New Delhi vs M/s Brahma Centre Development Pvt. Ltd. (Delhi High Court) – Section 263 Revision | Interest on FDR Linked to Project Not Taxable as “Income from Other Sources”
Facts of the
CaseThe present appeals were filed by the Revenue
before the Delhi High Court challenging the order of the Income Tax Appellate
Tribunal (ITAT), which had set aside revisionary orders passed by the Princi...
Principal Commissioner of Income Tax-01, New Delhi vs. M/s Brahma Centre Development Pvt. Ltd. (2021) – Section 263 Revision | Interest on Fixed Deposits Nexus with Business Project
Facts of the
Case
The assessee, engaged in real estate development, received funds
through Compulsory Convertible Debentures (CCDs) for a commercial project.
These funds were temporarily parked in fixed...
Anju Jalaj Batra vs National Faceless Assessment Centre & Ors | Delhi High Court | Violation of Section 144B Income Tax Act | Assessment Order Set Aside (2021:DHC:2001-DB)
Facts of the
CaseThe present writ petition was filed challenging the
assessment order dated 22 April 2021 passed by the National Faceless Assessment
Centre under Section 144 read with Section 144B of the Income Tax Ac...
Ghanshyam Das Gupta vs Assistant Commissioner of Income Tax, Central Circle-27, Delhi (2021:DHC:2014-DB)Delhi High Court | W.P.(C) 6278/2021 & Connected Matters
Facts of the
CaseThe present writ petitions were filed by the
petitioner challenging assessment orders passed under Sections 153A and
143(3) of the Income Tax Act, 1961, along with notices of demand under
Section 156...
PR. Commissioner of Income Tax vs M/s Bhadani Financiers Pvt. Ltd. & Connected Matters (Delhi High Court, 2021) – Section 153A, 68 & 69C of Income Tax Act
Facts of the CaseThe Revenue filed multiple appeals under Section 260A
challenging the ITAT’s order which upheld the CIT(A)’s decision deleting
additions made under Sections 68 and 69C for Assessment Years 2008–0...
Ghanshyam Das Gupta vs Assistant Commissioner of Income Tax, Central Circle-27, Delhi (2021) – Violation of Natural Justice in Income Tax Assessment under Sections 142(1), 153A, 143(3), 271(1)(c)
Facts of the
CaseThe petitioner filed multiple writ petitions
challenging assessment orders passed under Sections 153A and 143(3), along with
consequential demand notices under Section 156 and penalty notices under
S...
PR. Commissioner of Income Tax vs M/s Bhadani Financiers Pvt. Ltd. & Connected Matters (Delhi High Court, 2021) – Section 153A Additions Without Incriminating Material Not Sustainable
Facts of the CaseThe present batch of appeals was filed by the Revenue under Section
260A of the Income Tax Act, 1961, challenging the order of the Income Tax
Appellate Tribunal (ITAT) for Assessment Years 2008...
Ms. Seema Seth vs Income Tax Officer, Ward 39(4), Delhi & Ors. | Delhi High Court on Section 148 Notice, Limitation & Alternative Remedy under Income Tax Act, 1961
Facts of the CaseThe petitioner challenged a notice dated 30.03.2019 issued
under Section 148 for Assessment Year 2014–15 and sought quashing of all
consequential proceedings. It was contended that the reassessment p...
Religare Finvest Limited vs Deputy Commissioner of Income Tax (Delhi High Court, 2021) – Refund of Excess Tax Recovery Beyond 20% During Pendency of Appeal under Sections 220(6), 245 & 154 of Income Tax Act
Facts of the CaseThe petitioner, Religare Finvest Limited, challenged the
action of the Income Tax Department wherein refunds due for Assessment Years
2018-19 and 2019-20 were adjusted against outstanding tax dem...