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M/s Dabur India Limited vs Commissioner of Income Tax (TDS) & Anr. | Delhi High Court | Section 194H & 201(1A) Income Tax Act – Stay of Demand & TDS on Free Samples
Facts of the
CaseThe Petitioner, M/s Dabur India Limited, challenged
the order dated 26.10.2022 whereby its application for stay of demand was
rejected and it was directed to deposit 20% of the outstanding tax demand....
M/s Dabur India Limited vs Commissioner of Income Tax (TDS) & Another (Delhi High Court, 2022) – Stay of Demand & Applicability of Section 194H on Free Samples
Facts of the CaseThe petitioner, M/s
Dabur India Limited, filed multiple writ petitions challenging an order
dated 26.10.2022 whereby its application for stay of tax demand was dismissed
and it was directed to deposit...
PR. Commissioner of Income Tax-7 vs Pawa Infrastructure (P) Ltd. (Delhi High Court) – Leasehold Rights as Capital Asset | Compensation on Cancellation Treated as Capital Receipt | Section 2(14), 45 & 263 of Income Tax Act
Facts of the
CaseThe Respondent-assessee, a real estate developer,
was allotted a plot in Rajiv Gandhi I.T. Habitat, Goa under a Government
initiative. Subsequently, due to a policy change and enactment of the Goa
(R...
Mittal International vs Assistant Commissioner of Income Tax Circle 52(1), New Delhi (Delhi High Court, 2022) – Reassessment Proceedings Quashed Due to Use of Deactivated PAN under Sections 148 & 148A(d) of Income Tax Act
Facts of the
CaseThe petitioner challenged the validity of the order
passed under Section 148A(d) and notice issued under Section 148 for Assessment
Year 2015–16. The primary grievance was that the reassessment proc...
Pr. Commissioner of Income Tax-18 vs Oil Industry Development Board (Delhi High Court) – Section 14A Disallowance Not Applicable Where No Exempt Income Earned [AY 2012-13]
Facts of the
CaseThe present appeal was filed by the Revenue
challenging the order dated 12th June, 2019 passed by the Income Tax Appellate
Tribunal (ITAT) for Assessment Year 2012-13. The Assessing Officer had made a...
Principal Commissioner of Income Tax (Central)-2 vs Vinita Chaurasia (Delhi High Court) – Reassessment u/s 147 Invalid Without Fresh Tangible Material
Facts of the
CaseThe Revenue filed an appeal challenging the order
of the Income Tax Appellate Tribunal (ITAT), which had deleted additions made
by the Assessing Officer (AO) amounting to approximately ₹34.06 crores...
PR. Commissioner of Income Tax-12 vs Karuna Garg (Delhi High Court) – No Addition under Section 68 for Alleged Bogus LTCG Without Cogent Evidence | AY 2015-16
Facts of the
Case
The assessee declared Long-Term Capital Gains (LTCG) from sale of
shares of M/s Goldline International Finvest Ltd..
The Assessing Officer (AO) treated the gains as bogus and
made an a...
H.T. Media Limited vs Principal Commissioner of Income Tax-4, Delhi (Delhi High Court) – Section 14A Disallowance & Rule 8D Satisfaction Validity
Facts of the
CaseThe assessee, H.T. Media Limited, filed returns for
AY 2012-13 and AY 2013-14 declaring substantial income and earned exempt
dividend income under Section 10(34). It made suo moto disallowance under
...
H.T. Media Limited vs Principal Commissioner of Income Tax-4, Delhi – Section 14A Disallowance, AO Satisfaction & Rule 8D Applicability Clarified (Delhi High Court)
Facts of the
CaseThe assessee, H.T. Media Limited, filed returns for
AY 2012–13 and AY 2013–14 declaring substantial income and earning exempt
dividend income under Section 10(34).
The assessee made suo moto dis...
Sundeep Kathuria vs Deputy Director of Income Tax (Investigation) – Challenge to Show Cause Notice under Section 43 of Black Money Act, 2015 (Delhi High Court)
Facts of the
CaseThe petitioner, Sundeep Kathuria, was subjected to
penalty proceedings initiated through a show cause notice dated 12.09.2022
under Section 43 of the Black Money Act, 2015 for alleged non-disclosure o...