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Disallowance under Section 14A in Absence of Exempt Income: Delhi High Court Reaffirms Cheminvest Principle – Pr. CIT (Central)-1 v. Sahara India Financial Corporation Ltd. (2024)
Facts of the
CaseThe Revenue filed an appeal under Section 260A of
the Income Tax Act, 1961, challenging the order dated 02.01.2024 passed by the
Income Tax Appellate Tribunal for Assessment Year 2016-17. The Tribunal...
Scope of Reassessment under Section 147 and Explanation 3: Delhi High Court Reaffirms Ranbaxy Principle – Pr. CIT (Central)-1 v. Naveen Infradevelopers & Engineers Pvt. Ltd. (2024)
Facts of the
CaseThe Revenue filed an appeal under Section 260A of
the Income Tax Act, 1961, challenging the order dated 22.01.2024 passed by the
Income Tax Appellate Tribunal for Assessment Year 2012-13. The Tribunal...
Delay in Re-Filing Revenue Appeal and Scope of Section 153A Additions: Delhi High Court Dismisses Appeal on Limitation and Merits – Pr. CIT (Central)-1 v. Anil Bhalla (2024)
Facts of the
CaseThe Revenue filed an appeal under Section 260A of
the Income Tax Act, 1961, challenging the order of the Income Tax Appellate
Tribunal dated 15.10.2020 for Assessment Year 2007-08. Alongside, the Reve...
Transfer Pricing Adjustment and Rejection of TNMM: Delhi High Court Upholds Consistency Principle and Dismisses Revenue Appeal – Pr. CIT-7 v. SABIC India Pvt. Ltd. (2024)
Facts of the
CaseThe Revenue filed an appeal under Section 260A of
the Income Tax Act, 1961, challenging the order of the Income Tax Appellate
Tribunal dated 08.06.2021 for Assessment Year 2016-17. The Tribunal had al...
Scope of Section 153C after Finance Act, 2015: Delhi High Court Applies Supreme Court Ruling and Remands Matter – Pr. CIT-3 v. Dharam Raj Construction & Infrastructure Pvt. Ltd. (2024)
Facts of the
CaseThe Revenue filed appeals under Section 260A of the
Income Tax Act, 1961, challenging a common order passed by the Income Tax
Appellate Tribunal for Assessment Years 2007-08 and 2008-09. The Tribunal ...
Revision under Section 263 and Allegations of Treaty Shopping: Delhi High Court Upholds ITAT Order for Violation of Natural Justice – CIT (International Taxation) v. Zebra Technologies Asia Pacific Pte. Ltd. (2024)
Facts of the
CaseThe Revenue filed an appeal under Section 260A of
the Income Tax Act, 1961, challenging the order of the Income Tax Appellate
Tribunal which had set aside a revisionary order passed by the Commissione...
Faceless Reassessment Scheme and Concurrent Jurisdiction of Jurisdictional Assessing Officer: Delhi High Court Upholds Validity of Notices under Sections 148 and 148A – T.K.S. Builders Pvt. Ltd. v. Income Tax Officer (2024)
Facts of the
CaseThis batch of writ petitions challenged
reassessment proceedings initiated under Section 148 of the Income Tax Act,
1961. Although multiple grounds were raised, the petitioners confined their
challen...
Faceless Reassessment Scheme and Jurisdiction of Jurisdictional Assessing Officer: Delhi High Court Upholds Concurrent Jurisdiction under Sections 148, 148A, 144B and 151A – Sulochna Goel v. ACIT (2024)
Facts of the
CaseThe batch of writ petitions, including the lead
case of Sulochna Goel, challenged reassessment proceedings initiated under
Section 148 of the Income Tax Act, 1961. The principal challenge was confined...
Reassessment Proceedings under Section 148A and Off-Market Share Transactions: Delhi High Court Upholds Validity of Reopening – Smt. Anu Gupta v. Income Tax Officer (2024)
Facts of the
CaseThe petitioner challenged an order dated 21.10.2022
passed under Section 148A(d) of the Income Tax Act, 1961, along with a notice
of even date issued under Section 148 of the Act for Assessment Year 2...
Bogus Purchases and Disallowance under Income Tax Act: Delhi High Court Upholds ITAT Order Allowing Purchases – Pr. Commissioner of Income Tax-7 v. MLS Paramount Residency Ltd. (2024)
Facts of the
CaseThe Revenue filed an appeal under Section 260A of
the Income Tax Act, 1961, challenging the order dated 13.08.2018 passed by the
Income Tax Appellate Tribunal in cross appeals arising out of Assessmen...