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PR. Commissioner of Income Tax–7, Delhi vs M/s Reservation Data Maintenance India Pvt. Ltd. (Delhi High Court) – Exclusion of Comparables in Transfer Pricing (AY 2009–10)
Facts of the CaseThe present appeal pertains to Assessment Year 2009–10,
wherein the assessee, engaged in Information Technology Enabled Services
(ITES)/BPO services and online data processing, filed its return decla...
Pinki Tour and Travels Limited vs Income Tax Department – Delhi High Court sets aside reassessment order for non-consideration of reply under Section 148A(d) of Income Tax Act, 1961 (AY 2016–17)
Facts of the Case
The
petitioner, Pinki Tour and Travels Limited, challenged an order dated
31.03.2023 passed under Section 148A(d) of the Act.
The
case pertains to Assessment Year 2016–17.
A
...
Merilina Foundation vs Assistant Commissioner of Income Tax – Reassessment Validity under Sections 147 & 148 and Remand of Tribunal Order
Facts of the Case
The
case pertains to Assessment Year 2011–12.
The
assessee, Merilina Foundation, challenged the order of the Income
Tax Appellate Tribunal (ITAT) dated 16.11.2022.
The
...
Devasan Investments Pvt. Ltd. vs Income Tax Officer, Ward 7(1), Delhi & Ors. – Delhi High Court (31 July 2023) | Breach of Natural Justice under Section 144B(6)(xi) of Income Tax Act
Facts of the CaseThe petitioner challenged the assessment order dated
24.05.2023 concerning Assessment Year 2013–14.A show-cause notice (SCN) dated 05.05.2023 was issued
requiring the petitioner to respond by 08.05.2...
Commissioner of Income Tax (Exemptions) Delhi vs Jamnalal Bajaj Foundation – No Penalty u/s 271(1)(c) for Voluntary Disclosure in Revised Return (Delhi High Court)
Facts of the CaseThe respondent assessee, Jamnalal Bajaj Foundation,
registered under Section 12A, filed its return declaring nil income.
During scrutiny proceedings, it filed a revised return declaring income
of ₹1...
PR. Commissioner of Income Tax (Central)-2 vs. M/s Bhudeva Estate Pvt. Ltd. – Invalid Penalty Notice under Section 271(1)(c) due to Non-Specification of Charge (Delhi High Court)
Facts of the Case
The
case relates to Assessment Year 2008–09.
The
Assessing Officer imposed a penalty under Section 271(1)(c) read with
Section 274.
The
Commissioner of Income Tax (Appe...
Vinay Mahajan vs Income Tax Officer, Ward 28(5), Delhi & Ors. (Delhi High Court, 2023)
Facts of the CaseThe petitioner challenged the assessment order dated
29.03.2023 passed under Sections 147, 144, and 144B for AY 2016–17. The Revenue
alleged that the petitioner was a beneficiary of accommodation ent...
Brahmaputra Infrastructure Limited vs Chief Commissioner of Income Tax (TDS) & Ors. | Delhi High Court | Adjustment of Refund Against Compounding Charges under Income Tax Act
Facts of the Case
The
petitioner, Brahmaputra Infrastructure Limited, faced prosecution for
failure to deposit TDS for Financial Years 2013–14 to 2018–19.
Total
compounding charges payable: ₹...
Punjab and Sind Bank vs Addl. Commissioner of Income Tax (TDS) – Delhi High Court (2023)
Facts of the CaseThe petitioner, Punjab and Sind Bank, challenged an order
dated 28.02.2013 passed under Sections 201(1)/201(1A) of the Income Tax Act for
Assessment Year 2005–06.The dispute arose regarding non-deduc...
PR. Commissioner of Income Tax–6, New Delhi vs Minda Stoneridge Instruments Ltd. (Delhi High Court) – Section 35 Deduction on Scientific Research, Section 40(a)(i), Section 37, Depreciation on Electrical Fittings
Facts of the CaseThe assessee, Minda Stoneridge Instruments Ltd., filed its
return of income declaring taxable income and claimed deduction of ₹3.46 crore
under Section 35 for capital expenditure on scientific resear...