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QUALCOMM INCORPORATED vs DEPUTY COMMISSIONER OF INCOME TAX (INTERNATIONAL TAX), DELHI & ORS. (2022:DHC:344-DB) (Delhi High Court | W.P.(C) 1666/2022 & Connected Matters | Decided on 28 January 2022)
Facts of the CaseThe Petitioner, Qualcomm Incorporated, filed multiple writ
petitions seeking directions against the Income Tax Department for failure to
process income tax returns, grant correct computation, and issue...
Updesh Kapur vs Principal Chief Commissioner of Income Tax & Anr. – Condonation of Delay in Filing ITR and Scope of Section 119(2)(b) of Income Tax Act
Facts of the CaseThe Petitioner, an NRI residing in the UK, received
compensation on account of the accidental death of his wife during the
Financial Year 2017–18. The compensation included interest, on which TDS was...
Dr. Priya Narula vs Dy. Commissioner of Income Tax Circle International Taxation 2(2)(2) & Ors. (2022:DHC:441-DB) – Refund of Excess Tax Recovery Beyond 20% Under Section 220(6) of Income Tax Act
Facts of the CaseThe petitioner, Dr. Priya Narula, filed a writ petition
seeking refund of ₹2,87,520/- which had been recovered by the Income Tax
Department in excess of 20% of the disputed tax demand for Assessment ...
Asian Colour Coated Ispat Limited vs Assistant Commissioner of Income Tax & Anr. | Delhi High Court | Section 148 Income Tax Act vis-Ã -vis IBC Resolution Plan
Facts of the CaseThe present writ petition was filed challenging the notice
dated 31st March 2021 issued under Section 148 of the Income Tax Act, 1961
for the Assessment Year 2014–15. The petitioner, being a corporat...
Principal Commissioner of Income Tax Central-3, Delhi vs Alchemist Life Sciences Ltd (Delhi High Court) – No Addition under Section 153A Without Incriminating Material in Non-Abated Assessments (2022:DHC:444-DB)
Facts of the Case
The
Revenue filed appeals against the order of the Income Tax Appellate
Tribunal (ITAT) dated 12 July 2021.
The
ITAT had dismissed the Revenue’s appeals concerning assessment ye...
Principal Commissioner of Income Tax Central-3, Delhi vs Alchemist Life Sciences Ltd (Delhi High Court) – Section 153A Additions Without Incriminating Material Not Sustainable (2022:DHC:444-DB)
Facts of the Case
The
Revenue filed appeals against the order of the Income Tax Appellate
Tribunal (ITAT) dated 12 July 2021.
ITAT
had dismissed the Revenue’s appeals relating to Assessment Years...
Principal Commissioner of Income Tax, Central-3 Delhi vs Alchemist Life Sciences Ltd (2022) – No Addition under Section 153A Without Incriminating Material
Facts of the CaseThe present appeals were filed by the Revenue challenging the
order of the Income Tax Appellate Tribunal (ITAT) dated 12 July 2021, whereby
the appeals of the Revenue were dismissed. The core issue aro...
Mother Dairy Fruit and Vegetable Pvt. Ltd. vs Deputy Commissioner of Income Tax, Circle 16(1), New Delhi & Ors. (2022:DHC:1114-DB)
Facts of the CaseThe Petitioner, Mother Dairy Fruit and Vegetable Private
Limited, filed writ petitions challenging intimations issued under Section
143(1) of the Income Tax Act for Assessment Years 2017–18 and 2018â...
Schneider Electric South East Asia (HQ) Pte Ltd vs Assistant Commissioner of Income Tax, International Taxation Circle 3(1)(2), New Delhi & Ors – Section 270AA Immunity Cannot Be Denied Without Specifying Misreporting | Delhi High Court (2022)
FACTS OF
THE CASEThe Petitioner filed a writ petition challenging the order
dated 09 March 2022 passed under Section 270AA(4) of the Income Tax Act, 1961,
whereby the application seeking immunity from penalty un...
Principal Commissioner of Income Tax–7 vs M/s Triumph Realty Pvt. Ltd. (Delhi High Court) – Capitalisation of Interest on FDRs During Pre-Operative Period u/s 260A
Facts of the Case
The
assessee, M/s Triumph Realty Pvt. Ltd., obtained an External Commercial
Borrowing (ECB) loan of ₹82.37 crores for acquisition and renovation
of a hotel property under the SARFA...