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PR. Commissioner of Income Tax-12 vs Ms. Reeshu Goel | Section 68 Income Tax Act | Bogus LTCG on Penny Stock | Delhi High Court (2021:DHC:4171-DB)
Facts of the
CaseThe present appeal was filed by the Revenue
challenging the order dated 7th October 2019 passed by the Delhi Bench of the
ITAT in ITA No. 1691/Del/2019. The Assessing Officer had made an addition of
...
Mon Mohan Kohli vs Assistant Commissioner of Income Tax & Anr. (2021:DHC:4181-DB) – Reassessment Notices Post Finance Act 2021 Held Invalid
Facts of the
CaseThe petitioners challenged reassessment notices
issued by the Income Tax Department after 1st April 2021, invoking the unamended
provisions of Sections 147/148.The Revenue relied on TOLA (Relaxa...
Pro Commissioner of Income Tax, Central Circle v. Vikas Telecom Ltd. (2021:DHC:4206-DB) – Addition under Section 68 Unsustainable in Absence of Incriminating Material in Section 153C Proceedings
Facts of the
CaseThe Revenue initiated proceedings against the
assessee company pursuant to a search conducted on the Raj Darbar Group under
Section 132 of the Income Tax Act. During the search, certain documents
all...
Principal Commissioner of Income Tax (Central)-3 vs M/s STC Developer Pvt. Ltd. (Delhi High Court) – Section 153C – Addition Based on Seized Material Without Corroborative Evidence Not Sustainable
Facts of the
CaseThe present appeal was filed by the Revenue
challenging the order of the Income Tax Appellate Tribunal (ITAT) dated
28.02.2020. The dispute pertained to the alleged undisclosed income arising
from a ...
Amadeus IT Group SA vs Assistant Commissioner of Income Tax & Ors. (Delhi High Court, 2021) – Refund of Taxes under Section 240 of Income Tax Act
Facts of the
Case
The petitioner, a non-resident foreign company incorporated under
the laws of Spain, filed return of income declaring NIL income.
The Assessing Officer passed an order under Section 143(3),
...
Coursera Inc. vs Income Tax Officer TDS 1(2)(1) & Ors. – Delhi High Court on NIL TDS Certificate, Equalisation Levy & Section 10(50) Amendment
Facts of the CaseThe petitioner, Coursera Inc., filed a writ petition
challenging:
Order
dated 27.09.2021, and
Certificate
dated 23.09.2021
issued under Section 197(1) rejecting its request for NIL
T...
Nokia India Pvt. Ltd. vs Assistant Commissioner of Income Tax, Circle 16(1) & Ors. – Delhi High Court Directs Grant of Refund with Interest under Section 244A | W.P.(C) 15030/2021 (2021:DHC:4405-DB)
Facts of the CaseThe Petitioner, Nokia India Pvt. Ltd., filed a writ petition
seeking implementation of appellate orders passed by the Income Tax Appellate
Tribunal (ITAT) dated 17 August 2020, 15 October 2020, a...
M/s Essjay Ericsson Private Limited vs Commissioner of Income Tax, New Delhi & Ors. (2021:DHC:4402-DB)
Facts of the CaseThe Petitioner, M/s Essjay Ericsson Private Limited, filed a
writ petition seeking refund of ₹6,05,46,907/- which had been recovered by the
Revenue authorities in excess of 20% of the disputed tax de...
Commissioner of Income Tax (Exemptions) Delhi vs Hamdard National Foundation (India) (2022:DHC:606-DB)
Facts of the CaseThe respondent, Hamdard National Foundation (India), a
charitable institution, had leased its properties to Hamdard Dawakhana (Wakf),
a related entity contributing substantial donations. The Assessing ...
Commissioner of Income Tax (Exemptions) Delhi vs Hamdard National Foundation (India) – Section 13(2)(b) r/w Section 13(3) | Adequacy of Rent & Charitable Trust Exemption
Facts of the CaseThe present case involves a batch of appeals filed by the
Revenue against the order of the Income Tax Appellate Tribunal (ITAT), which
deleted additions made by the Assessing Officer (AO) under Section...