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G.K. Choksi and Co. vs Principal Commissioner of Income Tax (Central) & Anr. – Interest on Delayed Audit Fees under Section 142(2A) of Income Tax Act
Facts of the
CaseThe petitioner, G.K. Choksi and Co., was appointed
as an auditor by the Assessing Officer under Section 142(2A) of the Income Tax
Act, 1961. The petitioner conducted audits for three entities:
Futur...
Blackstone Capital Partners (Singapore) VI FDI Three Pte. Ltd. vs Assistant Commissioner of Income Tax (International Taxation) – Reassessment u/s 148A(d) Set Aside for Non-Application of Mind on Capital Transaction Issue
Facts of the
CaseThe petitioner, a non-resident entity, purchased
shares of an Indian company, namely Agile Electric Sub-Assembly Pvt. Ltd. The
transaction involved payment to various sellers, including a resident sel...
Subhash Bhatia HUF vs Income Tax Officer Wa3. rd-47(1), Delhi & Anr. – Delhi High Court Quashes Reassessment Proceedings under Sections 148A & 148 (AY 2017-18)
Facts of the
CaseThe petitioner, Subhash Bhatia HUF,
challenged reassessment proceedings initiated by the Income Tax Department. An
assessment order had earlier been framed under Section 147 read with
Sections 144 an...
InterGlobe Enterprises Pvt. Ltd. vs Pr. Commissioner of Income Tax Delhi-4 (2023) – Double Taxation on Interest Income & Scope of Section 264 Explained
Facts of the
CaseThe petitioner, InterGlobe Enterprises Private
Limited, filed its return for Assessment Year 2014-15, including a sum
of ₹1,51,67,868/- as interest income received on income tax refunds pertaining
...
PR. Commissioner of Income Tax-7 vs South Delhi Promoters Ltd. (Delhi High Court) – Reassessment u/s 147 Invalid Due to Change of Opinion & Lack of Failure to Disclose Material Facts
Facts of the
CaseThe assessee company received share application
money amounting to ₹16.88 crore at a premium. During the original assessment
under Section 143(3), the Assessing Officer (AO) examined the identity,
...
M/s RELX India Private Limited vs Deputy Commissioner of Income Tax Circle 78(1) Delhi & Ors. – Refund Claim, Recovery under Section 226(3) & Stay of Demand | Delhi High Court
Facts of the
CaseThe petitioner, M/s RELX India Private Limited,
filed a writ petition seeking issuance of a refund amounting to ₹6,95,43,498/-
along with applicable interest after adjusting 20% of the disputed tax ...
Delhi Sports and Entertainment Pvt. Ltd. vs Deputy Commissioner of Income Tax (Circle 7(1)) | Reassessment u/s 148 & 148A(d) Set Aside Due to Lack of Independent Application of Mind (Delhi High Court)
Facts of the
CaseThe petitioner challenged the order passed under
Section 148A(d) and the consequent notice issued under Section 148 of the
Income Tax Act for Assessment Year 2017–18. The reassessment proceedi...
Commissioner of Income Tax vs Sony Mobile Communications India Pvt. Ltd. (Now Merged with Sony India Pvt. Ltd.) – Section 143(2), 143(3), 144C & 292B | Assessment on Non-Existent Entity Held Void (Delhi High Court)
Facts of the
CaseThe present appeal arose from the order of the
Income Tax Appellate Tribunal concerning Assessment Year 2010–11.
The assessee was originally Sony Ericsson Mobile Communications
(India) Pvt. L...
Lemon Tree Hotels Ltd. vs Assistant Commissioner of Income Tax & Ors. (Delhi High Court) – Reassessment u/s 148 Set Aside for Lack of Personal Hearing (AY 2015–16)
Facts of the CaseThe present writ petition was
filed by the petitioner challenging the validity of the notice dated 30.06.2021
issued under Section 148 of the Income Tax Act, 1961. Additionally, the
petitioner also ch...
RK Gupta and Son HUF vs Income Tax Officer Ward 58(3) & Anr (Delhi High Court, 2022) – Reassessment Notice Quashed for Lack of Proper Allegations under Sections 148, 148A(b), 148A(d) of Income Tax Act
Facts of the
CaseThe present writ petition was filed challenging the
notice dated 19.05.2022 issued under Section 148A(b) of the Income Tax
Act, 1961, along with the subsequent order dated 27.07.2022 passed under Sect...