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Reassessment Barred by Limitation Under First Proviso to Section 149 Despite Abhisar Buildwell – Delhi High Court in Satya Realtors Pvt. Ltd. v. ITO
Facts of the
CaseSatya Realtors Private Limited filed a writ petition
challenging reassessment proceedings initiated for Assessment Year 2010-11 by
issuance of notice under Section 148 of the Income-tax Act, 1961 date...
Completed Reassessment Cannot Be Reopened Again on Same Material by Invoking Ashish Agarwal – Delhi High Court in Satish Chand Jain v. ACIT
Facts of the
CaseThe petitioner challenged the initiation of
reassessment proceedings for Assessment Year 2014-15 by issuance of notice
dated 19 July 2022 under Section 148 of the Income-tax Act, 1961, pursuant to
an...
Reassessment Notices Issued Without Sanction of Competent Authority Under Section 151 Are Void – Delhi High Court in Sabharwal Apartments Pvt. Ltd. v. ACIT
Facts of the
CaseSabharwal Apartments Private Limited filed a writ
petition challenging the validity of reassessment proceedings initiated under
Section 148 of the Income-tax Act, 1961 for Assessment Year 2015-16.The ...
Reassessment Proceedings Issued in the Name of an Amalgamating Company Are Void Ab Initio – Delhi High Court in Religare Enterprises Ltd. v. ACIT (RGAM Investment Advisers Case)
Facts of the
CaseReligare Enterprises Ltd., as successor-in-interest
of RGAM Investment Advisers Private Limited, challenged reassessment
proceedings initiated by the Income Tax Department in the name of RGAM
Investm...
Reassessment Proceedings Issued in the Name of an Amalgamating Company Are Void Ab Initio – Delhi High Court in Religare Enterprises Ltd. v. ACIT (Religare Capital Markets Case)
Facts of the
CaseReligare Enterprises Ltd., as successor-in-interest
of Religare Capital Markets (India) Pvt. Ltd., filed a writ petition
challenging reassessment proceedings initiated by the Income Tax Department in
...
Reassessment Proceedings Issued in the Name of an Amalgamating Company Are Void Ab Initio – Delhi High Court in Religare Enterprises Ltd. v. ACIT (Religare Arts Investment Management Ltd.)
Facts of the
CaseReligare Enterprises Ltd., as successor-in-interest
of Religare Arts Investment Management Limited, filed a writ petition
challenging reassessment proceedings initiated by the Income Tax Department in...
Assessment and Reassessment Proceedings Initiated in the Name of a Non-Existent Amalgamating Company Are Void Ab Initio – Delhi High Court in Religare Enterprises Ltd. v. ACIT
Facts of the
CaseReligare Enterprises Ltd., as successor-in-interest
of RGAM Capital India Ltd., filed a writ petition challenging reassessment
proceedings initiated by the Income Tax Department in the name of RGAM Ca...
Assessment and Reassessment Proceedings Issued in Name of Amalgamating Entity Are Void Ab Initio – Delhi High Court in Religare Enterprises Ltd. v. ACIT
Facts of the
CaseReligare Enterprises Limited, the
successor-in-interest of Religare Securities Ltd., challenged reassessment
proceedings initiated by the Income Tax Department in the name of Religare
Securities Ltd....
Assessment or Reassessment in the Name of an Amalgamating Company Is a Jurisdictional Nullity – Delhi High Court in Rangoli Resorts Pvt. Ltd. v. ACIT
Facts of the
CaseRangoli Resorts Pvt. Ltd., as successor-in-interest
of Polyflex Marketing Pvt. Ltd., challenged assessment and reassessment
proceedings initiated by the Income Tax Department in the name of Polyflex
...
Reassessment Valid Where Information Indicates Bogus Purchases and Suppliers Are Non-Existent – Delhi High Court in Raghav Garg v. ITO
Facts of the
CaseThe petitioner challenged an order dated 12 April
2024 passed under Section 148A(d) of the Income-tax Act, 1961 for Assessment
Year 2020-21, pursuant to which a notice under Section 148 was issued.The...