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Assessment under Section 153A vs Regular Assessment under Section 143(3): ITAT Delhi in Gurucharan Singh Hora v. DCIT on Jurisdiction, Search Assessments, and Addition under Section 69A
The
appeal filed by the assessee for Assessment Year 2020-21 arose from an order
passed by the Commissioner of Income Tax (Appeals) / National Faceless Appeal
Centre, Delhi, confirming an assessment framed under Secti...
Reassessment for AY 2015-16 Beyond 1 April 2021 Held Time-Barred: ITAT Delhi Quashes Notice Under Section 148 Following Supreme Court Ruling in Rajeev Bansal
The
appeal was filed by the assessee against the Final Assessment Order dated 11
March 2025 passed under Section 147 read with Section 144C(13) of the
Income-tax Act, 1961, pursuant to the directions issued by the Dis...
Penalty under Section 270A Cannot Be Sustained on a Charge Different from the One Initiated: ITAT Delhi in Umri Pooph Pratappur Tollway Pvt. Ltd. v. ACIT (AY 2018-19)
The
appeal was filed by the assessee against the order passed by the National
Faceless Appeal Centre (NFAC), Delhi, arising from a penalty order imposed
under Section 270A of the Income-tax Act, 1961 for Assessment Ye...
Reassessment Based on Alleged Accommodation Entries Unsustainable Without Fresh Tangible Evidence: ITAT Delhi in DCIT vs. Apoorva Leasing Finance & Investment Co. Ltd. (AY 2011-12)
The
present appeal before the Income Tax Appellate Tribunal, Delhi Bench, arose
from reassessment proceedings initiated against the assessee company for
Assessment Year 2011-12, wherein the Assessing Officer treated t...
Section 68 Cannot Be Invoked in Firm’s Hands for Capital and Loan Introduced by Identified Partners and Relatives: ITAT Delhi in ACIT vs Gurkirat BPO Services LLP (AY 2017-18)
The
Revenue filed an appeal against the order of the Commissioner of Income Tax
(Appeals), NFAC, Delhi, whereby additions made under Section 68 of the Income
Tax Act, 1961, aggregating to ₹13.16 crore, were deleted....
Religious Trust Entitled to Section 11 Exemption: Donations Cannot Be Treated as Advertisement Income – ITAT Delhi
The assessee, Shri Krishna Janmashtmi Mahotsav Samiti,
is a public charitable trust duly registered under Section 12A and also
approved under Section 80G of the Income-tax Act, 1961. The trust is
primarily engaged in ...
Assessment Order Passed Without Considering Assessee’s Reply Violates Principles of Natural Justice: ITAT Delhi Restores Matter for De Novo Assessment | Royalux Lighting LLP v. Assessment Unit (AY 2022-23)
The appeal was preferred by the assessee against the order
passed by the Commissioner of Income Tax (Appeals), National Faceless Appeal
Centre (NFAC), Delhi, for the Assessment Year 2022-23. The assessee had
originall...
Provision for Warranty Allowable Under Section 37 When Based on Scientific Method and Past Experience: ITAT Delhi in Marelli UM Electronic Systems Pvt. Ltd. v. DCIT
The present appeal was filed by Marelli UM Electronic
Systems Private Limited agai nst the assessment order dated 28.10.2024
passed under Section 143(3) of the Income-tax Act, 1961, pursuant to the
directions issued b...
Penalty under Section 271(1)(c) Cannot Survive When Quantum Appeal Is Pending: ITAT Delhi in Neetu Gupta vs Income Tax Officer (AY 2011-12)
The
present appeal arose from an order dated 02 June 2025 passed under Section 250
of the Income Tax Act, 1961 by the Commissioner of Income Tax (Appeals), NFAC,
Delhi, whereby a penalty of ₹1,75,615 was confirmed u...
Revision under Section 263 Not Sustainable Where AO Takes a Plausible View on Bogus Purchases: ITAT Delhi in Axis Infoline Pvt. Ltd. v. PCIT-1
The present appeal before the Income Tax Appellate
Tribunal, Delhi Bench “B”, arose from a revisionary order passed by the
Principal Commissioner of Income Tax under Section 263 of the Income Tax Act,
1961, for As...