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PR. Commissioner of Income Tax, Central-3 vs Sidhi Vinayak Aromatics Pvt. Ltd. (Delhi High Court) – Section 153C Additions Without Incriminating Material Not Sustainable
Facts of the
CaseThe Revenue filed appeals challenging the common
order passed by the Income Tax Appellate Tribunal (ITAT), which had adjudicated
issues arising from assessment years 2005–06 and 2006–07.The disput...
The Pr. Commissioner of Income Tax (Central-3) vs. Sidhi Vinayak Aromatics Pvt. Ltd. – No Addition Without Incriminating Material under Section 153C
Facts of the
CaseThe Revenue (Principal Commissioner of Income Tax,
Central-3) filed appeals against the order of the Income Tax Appellate Tribunal
(ITAT) concerning Assessment Years 2005–06 and 2006–07.A search o...
Shashi Mohan Garg vs Income Tax Officer & Anr. (Delhi High Court, 2023) – Reassessment u/s 147/148 Quashed for Lack of “Reason to Believe”
Facts of the
CaseThe petitioner, Shashi Mohan Garg, filed a
writ petition challenging the validity of a reassessment notice dated 28.03.2019
issued under Section 148 of the Income-tax Act, 1961 for Assessment
Y...
Pr. Commissioner of Income Tax-7, Delhi vs SIL Investments Ltd. (Delhi High Court) – Section 80IA/80IB & 80M Deduction on Eligible Units and Dividend Distribution
Facts of the
CaseThe present case pertains to Assessment Year
2003–04, where the assessee filed its return declaring income of ₹1.14 crore
but paid tax under Section 115JB on book profits. The case was initially
...
PR. Commissioner of Income Tax–6 vs M/s Modi Rubber Ltd. | Delhi High Court | Section 271(1)(c) Penalty Invalid Due to Ambiguous Charge
Facts of the
CaseThe present appeal was filed by the Revenue (Pr.
Commissioner of Income Tax–6) challenging the order of the Income Tax Appellate
Tribunal (ITAT) dated 14.06.2018 for Assessment Year 2003–04.The As...
M/s Asian Hotels Ltd. vs Commissioner of Income Tax (Delhi High Court) – Section 37 | Renovation & Consultancy Expenses as Revenue Expenditure
Facts of the
Case
The assessee, M/s Asian Hotels Ltd., incurred substantial
expenses on renovation and refurbishment of its existing hotel
property.
It also paid ₹2,81,525/- to Gherzi Eastern Ltd. (GE...
Asian Hotels Ltd. vs Commissioner of Income Tax, New Delhi (Delhi High Court, AY 1995–96) – Deductibility of Renovation & Consultancy Expenses under Section 37
Facts of the
CaseThe assessee, Asian Hotels Ltd., incurred
expenditure amounting to ₹67,44,331 on renovation, refurbishment, and repairs
related to its existing business operations. The Assessing Officer disallowed
...
Asian Hotels Ltd. vs Commissioner of Income Tax I, New Delhi (Delhi High Court) – Deduction on Renovation & Repair Expenses as Revenue Expenditure (AY 1996–97)
Facts of the
CaseThe assessee, Asian Hotels Ltd., incurred
expenditure amounting to ₹67,44,331 on renovation, refurbishment, and repairs
related to its existing business operations. The Assessing Officer disallowed
...
Asian Hotels Ltd. vs Commissioner of Income Tax-I (Delhi High Court) – Allowability of Renovation & Replacement Expenses as Revenue Expenditure under Section 37 of the Income Tax Act, 1961
Facts of the
CaseThe present case pertains to Assessment Year
1995–96, wherein the assessee, Asian Hotels Ltd., challenged the order passed
by the Income Tax Appellate Tribunal (ITAT) concerning the classification o...
M/s Asian Hotels Ltd. vs Commissioner of Income Tax-I (Delhi High Court, 2023) – Renovation & Repair Expenses: Capital vs Revenue under Section 37 of Income Tax Act
Facts of the
Case
The assessee, M/s Asian Hotels Ltd., operated a five-star
hotel (Hyatt Regency, Delhi).
It undertook extensive renovation, refurbishment, and repair
work after several years of operati...