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M/s GKN Driveline India Ltd. vs Commissioner of Income Tax, Delhi – Assessment Year 1995-96 | Appeal Dismissed Following Earlier Decision
Facts of the
CaseM/s GKN Driveline India Ltd. filed an appeal before
the Delhi High Court challenging the order passed in relation to the Assessment
Year 1995-96. The matter came up for hearing before the Division Ben...
Commissioner of Income Tax, Delhi vs. M/s Lunar Diamonds Ltd.: High Court of Delhi | ITA No. 62 of 2005 | 2005:DHC:9806-DB | Mandatory Service of Notice Within Limitation Period Under Section 143(2) of the Income Tax Act, 1961
Facts of the Case
The
Respondent/assessee filed its return of income for the Assessment Year
(AY) 1995-96 on November 29, 1995.
The
Assessing Officer (AO) dispatched a notice under Section 143(2) o...
Commissioner of Income Tax vs. M/s Esteem Towers Pvt. Ltd. (Delhi High Court) – Addition of Share Capital Deleted as Shareholder Companies Found Genuine and Assessed to Tax | Section 68 of the Income-tax Act, 1961
Facts of the
CaseThe assessee-company, M/s Esteem Towers Pvt. Ltd.,
had received amounts towards its share capital from certain companies. The
Assessing Officer treated the share capital received as unexplained and ad...
Commissioner of Income Tax vs. M/s. Usha Stud & Agricultural Farms Pvt. Ltd.: Delhi High Court Upholds Rule of Consistency Under Section 145 and Rejects Revenue's Arbitrary Interference in Livestock Inventory Stock Valuation Methods Absent Substantial Question of Law
Facts of the
Case
Assessee’s Business Profile: The respondent-assessee, M/s. Usha
Stud & Agricultural Farms Pvt. Ltd., is a private limited company
engaged in the business of breeding and maintaining...
Director of Income Tax vs Eternal Science of Men's Society (Delhi High Court) – Reference Returned Unanswered Due to Failure of Revenue to File Paper Books | ITR 68/1991
Facts of the
CaseThe income-tax reference was received by the Delhi
High Court in the year 1991. Despite the passage of nearly fourteen years, the
Revenue did not take the necessary steps to furnish the paper bo...
M/s Cincom Systems India Pvt. Ltd. vs Commissioner of Income Tax & Others (Delhi High Court) – Revision Petition under Section 264 of the Income-tax Act, 1961 | Stay of Recovery During Pendency of Revision Proceedings
Facts of the CaseM/s Cincom Systems India Pvt. Ltd. was aggrieved by
an order passed by the Additional Commissioner of Income Tax and filed a
revision petition before the Commissioner of Income Tax under Section ...
Commissioner of Income Tax vs. M/s. Usha Stud & Agricultural Farms Pvt. Ltd.: Delhi High Court Upholds Rule of Consistency Under Section 145 and Rejects Revenue's Arbitrary Interference in Livestock Inventory Stock Valuation Methods Absent Substantial Question of Law
Facts of the
Case
Assessee’s Business Profile: The respondent-assessee, M/s. Usha
Stud & Agricultural Farms Pvt. Ltd., is a private limited company
engaged in the business of breeding and maintaining...
COMMISSIONER OF INCOME TAX VERSUS M/S I.H.H.R. HOSPITALITY P. LTD UNDER SECTION 260A OF THE INCOME TAX ACT: DISMISSAL OF REVENUE APPEAL ON BASIS OF PRECEDENT
Facts of the CaseThe Revenue (Appellant) initiated legal proceedings by
filing an appeal before the Delhi High Court against the order dated 28th
October 2005 passed by the Income Tax Appellate Tribunal (ITAT), New Del...
Commissioner of Income Tax, Delhi v. M/s Blue Bird Enterprises Pvt. Ltd. – Penalty under Section 271(1)(c) on Assessed Loss Cases and Applicability of Explanation 4 to Section 271(1)(c) | Delhi High Court
Facts of the CaseThe Revenue challenged the order of the Income Tax
Appellate Tribunal (ITAT), which had deleted the penalty imposed under Section
271(1)(c) of the Income-tax Act, 1961.The Tribunal had taken the view t...
Commissioner of Income Tax v. M/s Swan Fisheries (P) Ltd. – Penalty under Section 271(1)(c) of the Income-tax Act, 1961 on Assessed Loss Cases and Applicability of Explanation 4
Facts of the CaseThe Revenue challenged the order of the Income Tax Appellate
Tribunal (ITAT) whereby the Tribunal had deleted the penalty imposed under
Section 271(1)(c) of the Income-tax Act, 1961. The Tribunal had t...