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PR. Commissioner of Income Tax-6 vs Modipon Ltd. (Delhi High Court) – No Interest u/s 220(2) Without Valid Demand Notice u/s 156 | AY 1987-88
Facts of the CaseThe present appeal relates to Assessment Year 1987-88,
wherein the original assessment under Section 143(3) assessed income at ₹11.40
crore. Subsequently, the Commissioner of Income Tax (Appeals) red...
PR. Commissioner of Income Tax–4 vs Modland Wears Pvt. Ltd. (Delhi High Court) – No Taxable Business Income on Conversion of Stock-in-Trade into Investment | Section 14A Disallowance Limited to Exempt Income
Facts of the CaseThe present appeal pertains to Assessment Year 2008–09
and arises from an order of the Income Tax Appellate Tribunal dated 28.01.2020.
The respondent/assessee held shares of three companies—Fortis
...
Commissioner of Income Tax (Exemptions), Delhi vs National Accreditation Board for Testing and Calibration Laboratories – Exemption u/s 11 & 12 read with Section 2(15) upheld; No Business Activity Involved (Delhi High Court)
Facts of the CaseThe present matter pertains to appeals filed by the Revenue
challenging the order dated 24.09.2021 passed by the Income Tax Appellate
Tribunal concerning Assessment Years 2013–14 and 2014–15.The ce...
Prateek Chitkara vs Joint Commissioner of Income Tax Central Circle-2 & Anr. (Delhi High Court, 2023) – Penalty u/s 41 Black Money Act Set Aside for Non-Consideration of Assessee’s Reply
Facts of the Case
The
petitioner challenged a penalty order dated 29.03.2023 passed under
Section 41 of the Black Money Act.
A show
cause notice dated 02.03.2023 was issued granting opportuni...
PR. Commissioner of Income Tax vs M/s Religare Enterprises Ltd (Delhi High Court) – Section 14A Disallowance Cannot Exceed Exempt Income | AY 2014-15
Facts of the CaseThe present appeal was filed by the Revenue against the order
dated 29.08.2022 passed by the Income Tax Appellate Tribunal concerning
Assessment Year 2014–15. The respondent/assessee earned exe...
Commissioner of Income Tax (Exemptions) Delhi vs National Accreditation Board for Testing and Calibration Laboratories – Exemption under Sections 11 & 12 read with Section 2(15) upheld (Delhi High Court)
Facts of the CaseThe present appeals were filed by the Revenue before the Delhi
High Court challenging the order dated 24.09.2021 passed by the Income Tax
Appellate Tribunal for Assessment Years 2013–14 and 2014–15...
PR. Commissioner of Income Tax (Central)-2 vs KKM Management Centre Pvt. Ltd. – No Disallowance of Secondment Cost & Principle of Consistency Upheld | Delhi High Court (ITA 214/2023)
Facts of the CaseThe present appeal pertains to Assessment Year 2014–15,
wherein the Revenue challenged the order of the Income Tax Appellate Tribunal
(ITAT), which upheld the deletion of an addition of approximately...
Ashok Kumar Madan vs Income Tax Officer Ward 67(1), New Delhi & Anr. – Reassessment Proceedings Set Aside Due to Procedural Lapses under Sections 148A(b), 148A(d) & 148 of the Income Tax Act, 1961
Facts of the CaseThe present writ petition was filed challenging the validity
of:
Notice
dated 17.03.2023 issued under Section 148A(b)
Order
dated 31.03.2023 passed under Section 148A(d)
Consequentia...
Pr. Commissioner of Income Tax-7 vs Veolia India Pvt. Ltd. | Delhi High Court | O&M Expenses Not Part of Contract Cost under Percentage Completion Method (AY 2010-11)
Facts of the Case
The
assessee, Veolia India Pvt. Ltd., was engaged in contracts involving
construction and subsequent operation & maintenance (O&M) phases.
The
assessee followed the percen...
Ardent Info Systems Pvt. Ltd. vs Pr. Commissioner of Income Tax-1 & Ors. (Delhi High Court, 2023) – Appeal Considered ‘Pending’ Under Vivad Se Vishwas Act Despite Procedural Defects
Facts of the CaseThe petitioner filed its income tax return for AY 2008–09,
which was later reassessed under Sections 147/144, determining taxable income.
Dissatisfied, the petitioner filed:
A physical
appeal...