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Sanskriti Exim Pvt. Ltd. vs Deputy Commissioner of Income Tax – Delhi High Court Sets Aside Assessment Orders Due to Violation of Natural Justice under Sections 153C, 142(1), 144 & 156 of the Income Tax Act, 1961
Facts of the
CaseThe petitioner, Sanskriti Exim Pvt. Ltd.,
challenged six separate assessment orders passed on 28.03.2023 for
multiple Assessment Years (AYs 2014–15 to 2019–20). These orders were passed
under Sec...
Commissioner of Income Tax (International Taxation)-3 vs Sheraton International LLC (2023) – Centralized Fees Not Taxable | Delhi High Court
Facts of the Case
The
respondent/assessee, Sheraton International LLC, earned “centralized fees”
from Indian entities.
These
fees related to services such as:
Sales
and mark...
Sanskriti Exim Pvt. Ltd. vs Deputy Commissioner of Income Tax (Delhi High Court, 2023) – Violation of Natural Justice in Assessment under Sections 153C & 144 of Income Tax Act
Facts of the
CaseThe petitioner, Sanskriti Exim Pvt. Ltd.,
filed multiple writ petitions challenging six assessment orders dated 28.03.2023
passed by the Assessing Officer (AO) for Assessment Years 2014–15, 2015–1...
PR. Commissioner of Income Tax (Central)-2 vs M/s Bharat Hotels Ltd. (2023) – Section 14A Disallowance Not Applicable Where No Exempt Income Earned | Delhi High Court
Facts of the CaseThe present appeal was filed by the Revenue challenging the
order dated 30.08.2022 passed by the Income Tax Appellate Tribunal (ITAT) for
Assessment Year 2017–18. The dispute pertained to the deletio...
Sanskriti Exim Pvt. Ltd. vs Deputy Commissioner of Income Tax (Delhi High Court, 2023) – Violation of Natural Justice in Assessment under Sections 153C, 142(1), 144 & 156 of Income Tax Act
Facts of the
CaseThe petitioner, Sanskriti Exim Pvt. Ltd.,
challenged six assessment orders dated 28.03.2023 passed for different
assessment years under Section 153C read with Section 144 of the Income Tax
Act.The pe...
PKS Buildmart Pvt. Ltd. vs Income Tax Officer & Anr. | Delhi High Court Quashes Reassessment Notices u/s 148 & 148A for Vagueness and Procedural Irregularity (AY 2019-20)
Facts of the
CaseThe petitioner challenged three notices issued by
the Income Tax Department concerning Assessment Year 2019–20:
Notice dated 27.03.2023 under Section 148A(b)
Notice dated 30.03.2023 under Sectio...
Deepak Jain vs Income Tax Officer Ward 44(1), Delhi & Ors (Delhi High Court) – Reassessment Quashed Due to Non-Fulfilment of Section 149 Threshold & Lack of Approval
Facts of the Case
The
case pertains to AY 2017–18.
Reassessment
proceedings were initiated by the Income Tax Department.
The
alleged escaped income was ₹30,70,526, which is below ₹50...
Principal Commissioner of Income Tax, Central-3, Delhi vs M/s Anant Overseas Pvt. Ltd. – Section 14A Disallowance Cannot Exceed Exempt Dividend Income | Delhi High Court
Facts of the CaseThe present case pertains to Assessment Year 2012–13, where
the assessee, M/s Anant Overseas Pvt. Ltd., earned dividend income amounting to
₹4,06,63,807 from Uflex Ltd., its promotee company, contr...
Intertek India Private Limited vs Assistant Commissioner of Income Tax & Anr. | Delhi High Court | Refund with Interest u/s 244A & Rectification Delay
Facts of the
Case
The petitioner was granted a refund of Rs. 8,25,03,352/- via
assessment order dated 08.09.2022.
However, the said refund did not include interest under Section
244A.
The petitioner ...
Principal Commissioner of Income Tax, Central-3, Delhi vs M/s Anant Overseas Pvt. Ltd. (Delhi High Court) – Section 14A Disallowance Cannot Exceed Exempt Dividend Income [AY 2012-13]
Facts of the CaseThe present appeals were filed by the Revenue against the
order dated 31.08.2022 passed by the Income Tax Appellate Tribunal concerning
Assessment Year 2012–13. The assessee, M/s Anant Overseas Pvt. ...