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Commissioner of Income Tax (Central)-II vs Home Developers Pvt. Ltd. – Delhi High Court Dismisses Revenue Appeals on Lack of Supporting Material under Section 153A
Facts of the CaseThe matter arose from a search conducted on 28.03.2006 at the
premises of Yogesh Gupta, who was a director of the assessee company, Home
Developers Pvt. Ltd. Pursuant to the search proceedings, notice ...
SREI Infrastructure Finance Ltd. vs Additional Commissioner of Income Tax – Depreciation on Leased Vehicles & MAT Addition on Special Reserve under Section 115JB
Facts of the CaseThe assessee, SREI Infrastructure Finance Ltd., a Non-Banking
Financial Company (NBFC), was engaged in leasing commercial vehicles,
infrastructure equipment, and financing infrastructure projects. The ...
Commissioner of Income Tax-TDS vs Moradabad Toll Road Company – Limitation Period under Section 201 of the Income Tax Act | Delhi High Court
Facts of the CaseThe Revenue challenged the order passed by the Income Tax
Appellate Tribunal (ITAT), which had affirmed the order of the Commissioner of
Income Tax (Appeals). The dispute related to proceedings initiat...
Commissioner of Income Tax, Delhi-III Vs Shokeen Properties Pvt. Ltd. | Delhi High Court on Section 68 Addition – Burden of Proof on Assessing Officer for Unexplained Cash Credits
Facts of the CaseThe assessee, engaged in the business of purchase and sale of
properties, filed its return for Assessment Year 2008–09. During assessment
proceedings, the Assessing Officer questioned certain credits...
Sharp Business Systems (India) Limited vs Deputy Commissioner of Income Tax | Delhi High Court on ITAT Rectification, Withdrawal of Appeal & Liberty to Re-agitate Grounds | Sections 254 & 260A Income Tax Act
Facts of the CaseThe appellant-company had challenged the order passed by the
Income Tax Appellate Tribunal by way of appeals before the Delhi High Court.
During the pendency of the appeals, it was brought to the notic...
Commissioner of Income Tax-VIII vs H.P. Goel – Validity of Notice under Section 158BD of the Income Tax Act in Search Assessment Proceedings
Facts of the CaseA search and seizure operation was conducted on the Batra Group on
17.12.1999. During the search proceedings, the Revenue discovered certain
documents including a receipt executed in 1999 relating to t...
Commissioner of Income Tax vs. Nishi Mehra & Ors. (ITA 120-125/2000) - Delhi High Court - Interpretation of Assessing Officer's Power in Block Assessment Under Section 153A - Validity of Property Valuation
Facts of the
Case:The Commissioner of Income Tax (appellant)
challenged the decision of the Income Tax Appellate Tribunal (ITAT)
which deleted the tax amounts sought to be assessed under Section 153A
of the Income Ta...
Commissioner of Income Tax-XI vs. Raj Kumar Jain ITA No. 605/2014 – Dispute on Under-valuation of Property and its Tax Implications
Facts of the
Case:The case concerns a dispute regarding the valuation
of property, E-24, South Extension Part-I, New Delhi. The property was
originally agreed to be sold by Sh. Gurdayal Singh, acting as the guardian o...
Picheswar Gadde vs. Commissioner of Income Tax Delhi-IV & Sunita Gadde vs. Commissioner of Income Tax Delhi-IV - W.P.(C) 6461/2014 & 6463/2014 – High Court of Delhi, 2015 – Clarification on Writ Petition Hearings
Facts of the
Case:The writ petitions were filed by Picheswar Gadde
and Sunita Gadde seeking the early hearing of their writ petitions related to
orders passed by the High Court of Himachal Pradesh on the dates 24.07.2...
Shanghai Electric Group Co. Ltd. vs. Director of Income Tax-II: Case on the Remand of Disputed Tax Assessment Orders under Section 263 and Tribunal’s Role in Reviewing Contract Scope for AY 2010-11
Facts of the
Case:
Shanghai Electric Group Co. Ltd. (the assessee) is a company
engaged in offshore services. The core issue revolves around the Income
Tax Assessment for the Assessment Year (AY) 2010-11, ...