Commissioner of Income Tax vs. Evergrowing Iron & Finvest Ltd.: Deletion of Addition Under Section 68 for Brought Forward Balances

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09/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 28
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Facts of the Case·         The present appeal was filed before the High Court of Delhi under Section 260A of the Income Tax Act, 1961. ·      &nb...

Commissioner of Income Tax vs. Annu Kishore | Addition on Account of Unexplained Investment Cannot Survive When DVO Valuation Accepted in Co-Owners’ Cases | Delhi High Court

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09/06/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 24
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Facts of the CaseThe Revenue filed an appeal before the Delhi High Court against the order dated 15.05.2009 passed by the Income Tax Appellate Tribunal (ITAT), Delhi Bench ‘A’, relating to Assessment Year 1999-200...

CIT v. Kuber Tobacco Products Pvt. Ltd. – Non-Issuance of Notice under Section 143(2) Cannot Be Cured by Section 292BB for Pre-01.04.2008 Assessments | Delhi High Court

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Facts of the CaseA search under Section 132A of the Income Tax Act, 1961 was conducted on 25.01.1999. During the course of the search proceedings, cash amounting to ₹1,80,000 was seized from the business premises of...

CIT vs Kumar Tobacco Products Pvt. Ltd. – Non-Issuance of Notice under Section 143(2) in Block Assessment Proceedings Cannot Be Cured by Section 292BB for Assessment Years Prior to AY 2008-09 | Delhi High Court

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Facts of the CaseA search under Section 132A of the Income-tax Act, 1961 was conducted on 25.01.1999, pursuant to which cash amounting to ₹1,80,000 was seized from certain business premises of the assessee-company. ...

Commissioner of Income Tax v. Indo Rama Synthetics (I) Ltd. (2010) – Delhi High Court on Sales Tax Subsidy, Section 115JB MAT Computation, Section 80HHC Deduction and Section 234D Interest

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Facts of the CaseThe Revenue filed an appeal before the Delhi High Court under Section 260A of the Income Tax Act, 1961 challenging the order of the Income Tax Appellate Tribunal (ITAT) in favour of Indo Rama Synthetic...

Commissioner of Income Tax vs. Jindal Stainless Limited (Delhi High Court) – Section 154 Rectification Cannot Be Invoked on Debatable Issues of Bad Debt Deduction under Section 36(1)(vii) | ITA No. 1500/2010

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Facts of the Case The assessee, Jindal Stainless Limited, filed its return declaring income of approximately ₹71.43 crores. Assessment was completed under Sections 143(3)/153A and income was asses...

Commissioner of Income Tax (CIT) vs Kuber Tobacco Products Pvt. Ltd. (2010) 2010:DHC:10013-DB | Non-Issuance of Notice under Section 143(2) in Block Assessment – Validity of Assessment under Section 158BC and Prospective Applicability of Section 292BB

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Facts of the CaseA search operation under Section 132 of the Income Tax Act, 1961 was conducted on 25 January 1999 pursuant to an excise raid carried out by the Anti-Evasion Wing of the Central Excise Department. Subse...

CIT vs. Kuber Tobacco Products Pvt. Ltd. (2010) – Non-Issuance of Notice under Section 143(2) in Block Assessment Proceedings Renders Assessment Invalid | Delhi High Court

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Facts of the CaseA search under Section 132A of the Income-tax Act, 1961 was conducted on 25.01.1999 pursuant to an excise raid conducted by the Anti-Evasion Wing of the Central Excise Department, Delhi. During the op...

Commissioner of Income Tax v. Shri Bhagirath Aggarwal (2010) 2010:DHC:5035-DB | Addition Based Solely on DVO Report Not Sustainable Under Income Tax Act

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 Facts of the CaseThe Revenue filed appeals under Section 260A of the Income Tax Act, 1961 challenging the common order dated 28 August 2009 passed by the Income Tax Appellate Tribunal (ITAT) for Assessment Year 2...

Commissioner of Income Tax vs. Ramesh Kakkar [2010] 2010:DHC:5037-DB (Delhi High Court) | Addition Based Solely on DVO Report Not Sustainable Without Rejection of Books of Account

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Facts of the CaseThe Revenue filed an appeal under Section 260A of the Income Tax Act, 1961 challenging the order dated 08 September 2009 passed by the Income Tax Appellate Tribunal for Assessment Year 2005-06.The Asse...