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CIT vs. Ravi Dass Garg | Delhi High Court Dismisses Revenue Appeals Following Earlier Decision in CIT vs. Smt. Seema Tripathi | ITA Nos. 1944/2010 to 1953/2010
Facts of the Case
Search
proceedings were conducted in respect of a group of persons, including
Ravi Dass Garg.
Additions
were made by the Revenue in the assessment proceedings.
The
Income T...
Commissioner of Income Tax vs. Ashok Logani | Delhi High Court Upholds Revision under Section 263 Where AO Failed to Properly Examine Surrendered Cash During Search
Facts of the CaseA search under Section 132 of the Income-tax Act was conducted
on 16.12.2003 in the JMD Group. During the search, cash amounting to ₹62,30,300
was found at the residence of the assessee, Mr. Ashok Lo...
Income Tax Appellant ITA No. 89/2010, 938/2010, 1688/2010 & 610/2011 vs Income Tax Department – Delhi High Court Dismissal Based on Tax Effect Less Than ₹10 Lacs
Facts of the CaseThe appeals were filed before the Delhi High Court
challenging income tax assessments. The total tax effect involved in the
appeals was less than ₹10 lakhs.Issues Involved
Whether
appeals wit...
M/s J.K. Synthetics Ltd. vs Commissioner of Income Tax (Delhi High Court) – Interest on Debentures, Revenue vs Capital Expenditure, Higher Depreciation and Business Set-Up Date
Facts of the
CaseThe dispute pertained to
Assessment Year 1983-84. The Revenue sought adjudication of six questions of
law arising from the order of the Income Tax Appellate Tribunal (ITAT).The issues included:1. ...
Assessee vs. Income Tax Officer: Delhi High Court Decision on Disallowance of Installation Expenses, Bad Debts & Penalty under Section 271(1)(c) of Income Tax Act, 1961– ITA Nos. 1983/2010 & 1921/2010
Facts of the CaseThe assessee, in its Income Tax Returns for the Assessment
Year 2001-02, claimed deductions for certain installation expenses and bad
debts by debiting them to the Profit & Loss Account. The Assess...
Commissioner of Income Tax v. Ankitech Pvt. Ltd. | Deemed Dividend under Section 2(22)(e) Taxable Only in Hands of Shareholder and Not Concern Receiving Loan | Delhi High Court
Facts of the Case
The
assessee company received advances amounting to ₹6,32,72,265/- through
book entries from M/s Jakson Generators Pvt. Ltd. (JGPL).
Certain
shareholders holding substantial inte...
Dy. Commissioner of Income Tax vs M/s. Insilco Ltd. – Deduction of Bad Debts under Sections 36(1)(vii) & 36(2) of the Income Tax Act, 1961
Facts of the CaseThe appeal was filed by the Revenue under Section 260A
of the Income Tax Act, 1961, against the Tribunal’s order regarding the assessment
year 2004-05. The assessee, M/s. Insilco Ltd., claimed bad de...
Commissioner of Income Tax vs. Ravi Dass Garg: Deletion of Search-Based Income Tax Additions Upheld Due to Lack of Substantive Question of Law
Facts of the Case
A
search operation was conducted by the Income Tax Department at the
premises of a specific group of assessees, which included the respondent,
Ravi Dass Garg, alongside other individ...
Commissioner of Income Tax vs Assessee – Delhi High Court Dismisses Revenue Appeals on Low Tax Effect Below ₹10 Lakhs | ITA Nos. 285/2010 & 331/2010 (2011)
Facts of the
CaseThe Revenue filed two Income Tax Appeals before the
Delhi High Court. During consideration of the appeals, it was noted that the
combined tax effect involved in both matters was less than ₹10 lakh. ...
Halcrow Consulting India Pvt Ltd vs Commissioner of Income Tax-IV & Ors | Refund Application Delay – Delhi High Court
Facts of the CaseThe petitioner, Halcrow Consulting India Pvt Ltd,
filed applications for a refund from the Income Tax authorities. Despite
submitting their representation, the petitioner’s requests had not been
add...