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The Liquidator Polymerland India Pvt. Ltd. vs Deputy Commissioner of Income Tax (Delhi High Court) – Connected Income Tax Appeal on Carry Forward of Losses and Return Filing Compliance under Section 139(3)
Facts of the Case
Polymerland India Pvt. Ltd., represented through its Liquidator,
filed appeals before the Delhi High Court against the order of the tax
authorities.
The dispute related to treatment of l...
The Liquidator Polymerland India Pvt. Ltd. vs Deputy Commissioner of Income Tax | Delhi High Court on Penalty Proceedings under Section 138(1) and Income Tax Liability During Liquidation
Facts of the
Case
Polymerland India Pvt. Ltd. was under liquidation and represented
by the Liquidator before the Court.
Appeals being ITA Nos. 269/2008 and 270/2008 were filed against
proceedings involvi...
Commissioner of Income Tax v. Honeywell International (India) Pvt. Ltd. & Commissioner of Income Tax-V v. Qualcomm India Pvt. Ltd. – Section 10A Income Tax Act | Set-Off of Losses of Eligible Units Against Profits of Other Units | Delhi High Court
Facts of the
Case
In CIT v. Honeywell International (India) Pvt. Ltd., the
assessee claimed a set-off of losses amounting to approximately
₹2,46,93,358 relating to a unit eligible for exemption under Sec...
Commissioner of Income Tax-I vs St. Vaswani Education Society – Delhi High Court on Section 11 Exemption, Corpus Donations, Section 13 Violation and Voluntary Contributions under Income Tax Act
Facts of the
CaseThe dispute related to Assessment Years 2001-02 and
2002-03. The Revenue filed appeals before the Delhi High Court challenging the
findings of the ITAT which had granted relief to St. Vaswani Educatio...
Ferrous Infrastructure Pvt. Ltd. & Anr. vs Deputy Commissioner of Income Tax (DCIT) – Delhi High Court Holds Section 148 Reassessment Notice Invalid Where Reasons Were Recorded After Issuance of Notice under the Income Tax Act, 1961
Facts of the
Case
The Deputy Commissioner of Income Tax issued a notice dated
30.08.2012 under Section 148 of the Income Tax Act for reassessment
proceedings relating to Assessment Year 2008–2009.
Subs...
Commissioner of Income Tax, Delhi Central-III vs Vishan Das & Others – Delhi High Court on Levy of Interest under Sections 245D(2C), 245D(6A), and Settlement Commission Proceedings under Income Tax Act
Facts of the
Case
A search operation was conducted on the premises of K.C. Group on
05.10.2001.
During the search proceedings, cash amounting to ₹2,16,500 and
stock valued at ₹53,21,218 along with bo...
Commissioner of Income Tax, Delhi Central-III vs Govind Lal & Ved Prakash – Delhi High Court on Income Tax Appeals and Reference to Detailed Findings in ITA No. 404/2013
Facts of the
Case
The Revenue, through the Commissioner of Income Tax, Delhi
Central-III, filed appeals before the Delhi High Court.
The appeals concerned Govind Lal and Ved Prakash respectively.
During hear...
Commissioner of Income Tax, Delhi Central-III vs Govind Lal & Ved Prakash – Delhi High Court on Section 132(3) Search Proceedings and Income Tax Assessment Issues
Facts of the
Case
The Revenue, namely Commissioner of Income Tax, Delhi Central-III,
filed appeals against the respondents Govind Lal and Ved Prakash.
The controversy originated from assessment proceedings con...
Commissioner of Income Tax-14 vs Anil Arora | Delhi High Court | Addition under Sections 69B, 69A, 23(4)(b), 142A & Search Assessment under Section 153A – DVO Valuation Cannot Replace Actual Purchase Consideration
Facts of the
CaseA search and seizure operation under Section 132 of
the Income Tax Act was conducted in the case of Wings Pharmaceuticals Pvt.
Ltd., in which the assessee, Mr. Anil Arora, was also covered. Consequent...
Director of Income Tax, Delhi vs M/s Lufthansa Cargo India | Delhi High Court on Aircraft Overhaul Payments as Fees for Technical Services under Sections 9(1)(vii), 195 & 201 of the Income Tax Act
Facts of the
Case
The assessee was engaged in the business of wet-leasing aircraft
and had acquired Boeing aircraft from foreign entities.
The aircrafts were wet-leased primarily to Lufthansa Cargo AG,
G...