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Principal Commissioner of Income Tax (Central)-3 vs Bhilwara Energy Ltd | Section 14A Disallowance Not Applicable Where No Exempt Income Earned (Delhi High Court)
Facts of the CaseThe Revenue filed multiple appeals challenging a common order
passed by the Income Tax Appellate Tribunal (ITAT) dated 02.08.2022. The
Tribunal had deleted the disallowance made under Section 14A of th...
Pr. Commissioner of Income Tax-7 vs Yakult Danone India Pvt. Ltd. – AMP Expenses & Bright Line Test Not an International Transaction | Delhi High Court (ITA 208/2023)
Facts of the CaseThe present appeal was filed by the Revenue (Pr. Commissioner
of Income Tax-7) before the Delhi High Court challenging the order of the
Income Tax Appellate Tribunal (ITAT) dated 06.10.2020 for Assessm...
Pr. Commissioner of Income Tax–6 vs Nokia Solutions & Networks India Pvt. Ltd. (Delhi High Court) – Provision for Liquidated Damages & Unascertained Liability under Income Tax Act, 1961
Facts of the CaseThe appeal was filed by the Revenue challenging the order
passed by the Income Tax Appellate Tribunal dated 31.01.2018.The dispute pertained to deletion of an addition amounting to ₹3,24,11,982,
whic...
PR. Commissioner of Income Tax–7, Delhi vs M/s Reservation Data Maintenance India Pvt. Ltd. (Delhi High Court) – Exclusion of Comparables in Transfer Pricing (AY 2009–10)
Facts of the CaseThe present appeal pertains to Assessment Year 2009–10,
wherein the assessee, engaged in Information Technology Enabled Services
(ITES)/BPO services and online data processing, filed its return decla...
Pinki Tour and Travels Limited vs Income Tax Department – Delhi High Court sets aside reassessment order for non-consideration of reply under Section 148A(d) of Income Tax Act, 1961 (AY 2016–17)
Facts of the Case
The
petitioner, Pinki Tour and Travels Limited, challenged an order dated
31.03.2023 passed under Section 148A(d) of the Act.
The
case pertains to Assessment Year 2016–17.
A
...
Merilina Foundation vs Assistant Commissioner of Income Tax – Reassessment Validity under Sections 147 & 148 and Remand of Tribunal Order
Facts of the Case
The
case pertains to Assessment Year 2011–12.
The
assessee, Merilina Foundation, challenged the order of the Income
Tax Appellate Tribunal (ITAT) dated 16.11.2022.
The
...
Devasan Investments Pvt. Ltd. vs Income Tax Officer, Ward 7(1), Delhi & Ors. – Delhi High Court (31 July 2023) | Breach of Natural Justice under Section 144B(6)(xi) of Income Tax Act
Facts of the CaseThe petitioner challenged the assessment order dated
24.05.2023 concerning Assessment Year 2013–14.A show-cause notice (SCN) dated 05.05.2023 was issued
requiring the petitioner to respond by 08.05.2...
Commissioner of Income Tax (Exemptions) Delhi vs Jamnalal Bajaj Foundation – No Penalty u/s 271(1)(c) for Voluntary Disclosure in Revised Return (Delhi High Court)
Facts of the CaseThe respondent assessee, Jamnalal Bajaj Foundation,
registered under Section 12A, filed its return declaring nil income.
During scrutiny proceedings, it filed a revised return declaring income
of ₹1...
PR. Commissioner of Income Tax (Central)-2 vs. M/s Bhudeva Estate Pvt. Ltd. – Invalid Penalty Notice under Section 271(1)(c) due to Non-Specification of Charge (Delhi High Court)
Facts of the Case
The
case relates to Assessment Year 2008–09.
The
Assessing Officer imposed a penalty under Section 271(1)(c) read with
Section 274.
The
Commissioner of Income Tax (Appe...
Vinay Mahajan vs Income Tax Officer, Ward 28(5), Delhi & Ors. (Delhi High Court, 2023)
Facts of the CaseThe petitioner challenged the assessment order dated
29.03.2023 passed under Sections 147, 144, and 144B for AY 2016–17. The Revenue
alleged that the petitioner was a beneficiary of accommodation ent...