Rectification under Section 254(2) Cannot Be Used to Review Tribunal’s Final Order; Long-Drawn Litigation Put to Rest – Hindustan Sports Club Ltd. vs. ITO (Delhi HC)

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My Tax Expert
29/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 447
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Facts of the CaseThe petitioner, Hindustan Sports Club Limited, challenged the order dated 29.07.2025 passed by the Income Tax Appellate Tribunal dismissing Miscellaneous Application No. 02/Del/2021 filed under Sectio...

Reassessment Order and Notice Set Aside on Revenue’s Concession; Matter Remanded for Fresh Consideration after Hearing – Deepak Gupta vs. ACIT (Delhi HC)

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My Tax Expert
29/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 392
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Facts of the CaseThe petitioner, Deepak Gupta, challenged the order dated 13.06.2025 passed under Section 148A(3) of the Income-tax Act, 1961 along with the consequential notice issued under Section 148 initiating reas...

Charitable Status of Hamdard Reaffirmed; Exemption under Section 10(23C)(iv) and Sections 11–12 Cannot Be Denied on Alleged Rent Concession – CIT(E) vs. Hamdard Laboratories (India) (Delhi HC)

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My Tax Expert
29/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 406
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Facts of the CaseThe Revenue filed an appeal under Section 260A of the Income-tax Act, 1961 against the order dated 27.09.2023 passed by the Income Tax Appellate Tribunal, Delhi Bench, for Assessment Year 2016–17. Th...

Bank Account Attachment under Section 226(3) Directed to Be Lifted on 20% Deposit; Opportunity to Seek Stay from CIT Preserved – Boang Technology Pvt. Ltd. vs. ACIT (Delhi HC)

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My Tax Expert
29/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 1459
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Facts of the CaseThe petitioner, Boang Technology Pvt. Ltd., filed a writ petition challenging the notice dated 24.09.2025 issued under Section 226(3) of the Income-tax Act, 1961 and the order dated 23.09.2025 rejectin...

Income Tax Department Cannot Appropriate Seized Funds Pending PMLA Trial; Proceeds of Crime Take Precedence Over Tax Recovery – ACIT vs. State & Ors. (Delhi HC)

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My Tax Expert
29/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 478
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Facts of the CaseA search and seizure operation under Section 132 of the Income-tax Act, 1961 was conducted on 18.01.2011 at the premises of Respondent Nos. 3 to 6 and their firm M/s Stockguru India, during which cash ...

Tax Demand for Years Where TDS Deducted but Not Deposited by Employer Quashed; Portal Demand Directed to Be Removed – Ashish Chopra vs. ACIT (Delhi HC)

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My Tax Expert
29/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 390
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Facts of the CaseThe petitioner, Ashish Chopra, filed a writ petition challenging a notice dated 31.01.2020 issued under Section 221(1) of the Income-tax Act, 1961, tax demands raised for Assessment Years 2009–10, 2...

Reassessment Order Set Aside for Non-Consideration of Reply Filed on Same Day; Matter Remanded for Fresh Speaking Order – Anmol Tradex Pvt. Ltd. vs. ACIT (Delhi HC)

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My Tax Expert
29/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 307
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Facts of the CaseThe petitioner, Anmol Tradex Private Limited, filed a writ petition challenging two show-cause notices dated 31.03.2025 and 25.06.2025 issued under Section 148A(1) of the Income-tax Act, 1961, the con...

Jurisdictional Assessing Officer Competent to Initiate Reassessment Despite Faceless Regime; Challenge Rejected Following TKS Builders – All India Kataria Education Society vs. ACIT (Delhi HC)

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My Tax Expert
29/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 299
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Facts of the CaseThe petitioner, All India Kataria Education Society, filed a writ petition challenging the notice dated 16.07.2025 issued under Section 148 of the Income-tax Act, 1961 and the reassessment proceedings ...

Benefit of Section 115BAA Denied Where Option Not Exercised in Return; CBDT Circular on Form 10-IC Does Not Cure Substantive Lapse: Sarla Holdings Pvt. Ltd. vs. PCIT (Delhi HC)

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My Tax Expert
29/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 375
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Facts of the CaseThe petitioner, Sarla Holdings Private Limited, filed its return of income for Assessment Year 2020-21 on 13.02.2021 within the extended due date under Section 139(1), declaring total income of ₹60,9...

Section 148 Notices Issued After Expiry of Original Limitation Cannot Be Revived by 2012 Amendment to Section 149: U.K. Paints (Overseas) Ltd. vs. ACIT (Delhi HC)

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My Tax Expert
29/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 351
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Facts of the CaseThe petitioners, including U.K. Paints (Overseas) Limited, K.S. Dhingra and BJN Holdings (I) Ltd., challenged multiple notices issued under Section 148 of the Income-tax Act seeking to reopen concluded...