Blog Categories
Subscribe to Newsletter
Join our subscribers list to get the latest Tax Updates and Opportunities.
Delay Caused by Accountant’s Lapse Constitutes Genuine Hardship under Section 119(2)(b): Rejection of Condonation Set Aside – VRG Electronics Pvt. Ltd. vs. PCIT (Delhi High Court)
Facts of the CaseThe petitioner, VRG Electronics Pvt. Ltd., filed
its Income Tax Return for Assessment Year 2023–24 on 30.12.2023, declaring
taxable income of ₹19,76,540 and claiming a refund of ₹4,190 while opti...
Union of India Has Locus to Maintain ITAT Appeals After Disbanding of CWG 2010 Organising Committee: Matters Remanded for Decision on Merits – Union of India vs. DDIT (Exemption) (Delhi High Court)
Facts of the CaseThe appeals were filed by the Union of India
through the Department of Sports, Ministry of Youth Affairs and Sports,
challenging the common order dated 09.04.2025 passed by the Income Tax
Appellate Tr...
Union of India Entitled to Pursue ITAT Appeals After Disbanding of CWG-2010 Organising Committee: Appeals Remanded for Decision on Merits – UOI vs. ADIT (Exemption) (Delhi High Court)
Facts of the CaseThe appeals were filed by the Union of India
through the Ministry of Youth Affairs and Sports challenging the common order
dated 09.04.2025 passed by the Income Tax Appellate Tribunal in ITA Nos.
1677...
Deployment of Funds in BARC Not an Investment under Section 13(1)(d); Exemption under Sections 11 and 12 Upheld – CIT (Exemptions) vs. Indian Broadcasting Foundation (Delhi HC)
Facts of the
CaseThe Revenue filed an appeal under Section 260A of
the Income-tax Act, 1961 challenging the order dated 08.09.2022 passed by the
Income Tax Appellate Tribunal in ITA No. 5589/Del/2018 for Assessment Ye...
Section 148 Notice Quashed Where Alleged Escapement Below ₹50 Lakh and Income Already Disclosed; Limitation under Section 149 Not Satisfied: Ankit Khandelwal vs. ITO (Delhi HC)
Facts of the
CaseThe petitioner, Ankit Khandelwal, a resident
individual, filed his return of income for Assessment Year 2014-15 declaring
total income of ₹9,43,944 arising from short-term capital gains on sale of
...
Refund Must Be Granted Where Assessment Is Set Aside and Demand Extinguished; Coercive Recovery and Bank Attachment Directed to Be Vacated – Alim Ahmad vs. ITO (Delhi High Court)
Facts of the
CaseThe petitioner, Alim Ahmad, filed his return of
income for Assessment Year 2020–21 on 14.01.2021 declaring income of
₹4,07,720/-. The return was selected for scrutiny and notices under Sections
1...
Condonation of 12-Day Delay in Filing ITR Wrongly Rejected Despite COVID Hardship: Mechanical Order under Section 119(2)(b) Set Aside – Udit Goyal vs. PCIT (Delhi High Court)
Facts of the CaseThe petitioner, Udit Goyal, filed his Income Tax
Return for Assessment Year 2021–22 on 12.01.2022 under Section 139(4) of the
Income-tax Act, 1961, declaring total income of ₹11,40,040 and claiming...
Reassessment Notice for AY 2015–16 Quashed as Time-Barred; TOLA Inapplicable Post Rajeev Bansal – Bhagwan Sahai Sharma vs. DCIT (Delhi HC)
Facts of the
CaseThe petitioner, Bhagwan Sahai Sharma, filed a writ
petition challenging the notice dated 30.07.2022 issued under Section 148 of
the Income-tax Act, 1961, the order dated 30.07.2022 passed under Sectio...
Depreciation on Block of Assets and AMP Adjustment Issues Covered by Binding Sony India Precedents: Revenue Appeal Dismissed – PCIT-7 vs. Sony India Pvt. Ltd. (Delhi High Court)
Facts of the CaseThe Revenue filed an appeal under Section 260A of
the Income-tax Act, 1961 challenging the order dated 30.08.2024 passed by the
Income Tax Appellate Tribunal for Assessment Year 2010–11. The Tribunal...
Reassessment Proceedings for AY 2013–14 Held Time-Barred; Section 153(6) Inapplicable Where No Court Direction – Ameeta Goyal vs. Assessment Unit (Delhi HC)
Facts of the
CaseThe petitioner, Ameeta Goyal, filed a writ petition
challenging the continuation of reassessment proceedings for Assessment Year
2013–14 initiated pursuant to notice dated 20.03.2019 issued under Se...