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Commissioner of Income Tax (Delhi) vs V.M. Farms (P) Ltd. – Penalty under Section 271(1)(c) Cannot Be Sustained Without Recorded Satisfaction by Assessing Officer | Section 260A & Section 271(1)(c) of the Income-tax Act, 1961
Facts of the
CaseThe Revenue filed an appeal before the Delhi High
Court under Section 260A of the Income-tax Act, 1961 against the order passed
by the Income Tax Appellate Tribunal, Delhi Bench "C", in the case of
D...
M/s Amity Hotels Pvt. Ltd. vs Commissioner of Income Tax, Delhi Central & Others (Delhi High Court) – Validity of Proceedings under Sections 158BD and 132/132A of the Income-tax Act, 1961
Facts of the CaseA search and seizure operation under Section 132 of
the Income-tax Act was conducted in relation to Bharat Lottery Agency and its
proprietor Shri Praveen Kumar Jolly. Following the search, the Income T...
Om Prakash Bhola vs Commissioner of Income Tax, New Delhi – Whether CIT(A) Can Exercise Rectification Powers Under Section 154 When the Matter Is Pending Before ITAT | Sections 154, 249(4)(a) & 260A of the Income-tax Act, 1961
Facts of the
CaseThe assessee, Shri Om Prakash Bhola, had succeeded
before the Commissioner of Income Tax (Appeals) [CIT(A)] by an order dated
28.01.1997. Aggrieved by the appellate order, the Revenue filed an appeal
...
Commissioner of Income Tax, Delhi-IV vs M/s H.C.M.R. Farms Pvt. Ltd. (2004) – Section 260A Income-tax Act | Condonation of Delay in Filing Revised Grounds of Appeal before ITAT
Facts of the
CaseThe Revenue filed appeals under Section 260A of the
Income-tax Act, 1961 challenging the order of the Income Tax Appellate
Tribunal. The Tribunal had rejected the Revenue's prayer for condonation of
...
Shri Shyam Sales vs Commissioner of Income Tax & Another – Stay of Demand During Pendency of Appeal | Delhi High Court
Facts of the CaseThe petitioner, Shri Shyam Sales, filed a writ
petition under Article 226 of the Constitution challenging an order passed by
the Commissioner of Income Tax on 8 October 2004. The dispute concerne...
Delhi Transport Corporation v/s. Workman (WP(C) No. 4313/2003) – Illegal Absence, Leave Applications & Remand to Industrial Tribunal
Facts of the CaseThe petitioner-management challenged an Award dated
27.11.2002 passed by the Industrial Tribunal concerning disciplinary action
taken against a workman for alleged unauthorized absence from duty....
Shri Ashok Soi v/s. Commissioner of Income Tax (Delhi High Court) – Capital Gains Tax on Co-Ownership Share and Deduction under Section 48 for Payments Made to Settle
Facts of the
CaseThe assessee, Shri Ashok Soi, along with his wife
and two sons, sold property bearing No. 22, Darya Ganj, New Delhi through a
sale deed dated 30 May 1994. The property had originally belonged to the
...
Commissioner of Income Tax vs M/s Mittal Corporation (Delhi High Court) – Eligibility of Deduction under Section 80-O of the Income-tax Act, 1961 on Commission Income Earned from Foreign Enterprises
Facts of the CaseThe
assessee, M/s Mittal Corporation, acted as a buying agent for foreign
enterprises, namely foreign buyers situated outside India. During the relevant
assessment year, the assessee earned comm...
Finality and Conclusiveness of Settlement Commission Orders: Decoding the Limits of Section 154 Rectification in Light of CIT v. Anjum M.H. Ghaswala — Capital Cables (India) Pvt. Ltd. & Ors. vs. Income-tax Settlement Commission & Anr. (Sections 245-D, 245-I, and 154 of the Income-tax Act, 1961)
Facts of the CaseIn January or February 1994, various applicants moved
individual applications before the Settlement Commission under Section 245-C of
the Income-tax Act, 1961. Following an initial order under Section ...
Finality of Settlement Commission Orders: A Comprehensive Analysis of Bhalla Mech. Works vs. Income Tax Settlement Commission & Ors. (2004:DHC:19993) – Examining the Limits of Section 154 Rectification Powers under the Income Tax Act, 1961
Facts of the Case
In
early 1994, various petitioners initiated proceedings by filing
applications under Section 245-C of the Income-tax Act, 1961, seeking a
formal settlement of their tax disputes.
...