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Principal Commissioner of Income Tax (Central)-1 vs Manoj Hora | Delhi High Court | Section 132(4), Section 132, Search Assessment & Third-Party Statement Addition under Income Tax Act, 1961
Facts of the
CaseA search and seizure operation under Section 132 of
the Income Tax Act, 1961 was conducted on the premises of M/s Rajdarbar Group.
During the course of such proceedings, statements were recorded, incl...
Delhi High Court | Principal Commissioner of Income Tax (Central)-1 vs Vijay Pal Garg – Addition on Alleged Stock Discrepancy Based on Inflated Bank Stock Statements | Section 143(3) & Section 260A of Income-tax Act, 1961
Facts of the
CaseThe Revenue preferred an appeal under Section 260A
of the Income-tax Act against the order of the Income Tax Appellate Tribunal
(ITAT). The dispute arose from a search assessment conducted in the case...
Principal Commissioner of Income Tax (Central)-1 vs. Manoj Hora — Delhi High Court dismisses connected Income Tax Appeals and affirms earlier findings in principal matter (ITA 1045/2017)
Facts of the
Case
The Revenue, through the Principal Commissioner of Income Tax
(Central)-1, preferred multiple connected appeals against the assessee.
These appeals arose from a common factual and legal matr...
M/s GKN Driveline India Ltd. Vs Commissioner of Income Tax (Delhi High Court) – Non-Compete Fee Paid Under Business Acquisition Held as Capital Expenditure under Section 37(1) of the Income Tax Act, 1961
Facts of the
CaseThe assessee, GKN Driveline India Ltd., engaged in
manufacturing front wheel drive axle assemblies, entered into an agreement
dated 16 February 1995 with Shriram Mobiles Limited (SML) for
acquisition...
Kanwaljit Sethi & Anr. vs Income Tax Officer, Ward-41(1), New Delhi | Delhi High Court on Withdrawal of Writ Petition Challenging Re-Opening of Assessment under the Income Tax Act, 1961
Facts of the
CaseThe petitioners, namely Kanwaljit Sethi and Jasbir
Singh Sethi, approached the Delhi High Court by way of writ petitions against
the action of the Income Tax Officer relating to re-opening of assessme...
Principal Commissioner of Income Tax-2, Agra vs M/s Chitrakoot Merchandise Pvt. Ltd. | Delhi High Court on Section 68 & Section 153C – Addition in Search Assessment Without Incriminating Material
Facts of the
CaseA search and seizure operation was conducted on
31.07.2008 at the premises of the “Rajdarbar Group.” During the course of the
search, certain documents belonging to the assessee company, M/s Chitr...
Kanwaljit Sethi & Anr. vs Income Tax Officer Ward-41(1), New Delhi – Delhi High Court on Withdrawal of Writ Petition Challenging Reassessment Proceedings under the Income Tax Act
Facts of the
CaseThe petitioners, namely Kanwaljit Sethi and Jasbir
Singh Sethi, instituted writ petitions before the Delhi High Court challenging
proceedings relating to reopening of their income tax assessments by t...
Principal Commissioner of Income Tax-2, Agra vs M/s Chitrakoot Merchandise Pvt. Ltd. | Delhi High Court on Section 68 & Section 153C of Income Tax Act – Scope of Additions in Search Assessments
Facts of the
CaseA search and seizure operation was conducted on 31.07.2008
at the premises of the Rajdarbar Group. During the course of search,
certain documents belonging to M/s Chitrakoot Merchandise Pvt. Ltd. were...
Commissioner of Income Tax (Exemption) vs Raguvanshi Charitable Trust – Depreciation on Capital Assets by Charitable Trusts and Applicability of Section 11(6) of the Income Tax Act, 1961 | Delhi High Court
Facts of the
CaseThe assessee, Raguvanshi Charitable Trust, was a
duly registered charitable trust under Section 12A of the Income Tax Act and
was engaged in running an educational institution under the name Guru Gram...
Pr. Commissioner of Income Tax vs B.C. Management Services Pvt. Ltd. | Delhi High Court on Transfer Pricing Adjustments, Comparable Selection, Foreign Exchange Gain & Notional Interest under Section 143(3) of the Income Tax Act
Facts of the
CaseThe assessee, B.C. Management Services Pvt. Ltd.,
was engaged in providing IT-enabled services, including application and
infrastructure development, testing, system operations management, and support...