This article provides an in-depth analysis of the Income Tax Appellate Tribunal (ITAT) case number ITA 1343/DEL/2020. The case features the appellant, DCIT Central Circle-19, New Delhi, and the respondent, KRBL Limited, Delhi, concerning the assessment year 2015-16.
The dispute centers around various additions and disallowances made by the assessing officer (AO), which were contested by KRBL Limited. The case was heard by the ITAT Delhi Bench ‘C’, presided over by Sh. A.D. Jain, Vice President, and Dr. B.R.R. Kumar, Accountant Member.
Detailed discussions of the proceedings highlight the primary contentions of both parties, focusing on the legal arguments presented and the evidence submitted during the hearings. The article dives into the complex issues of law and fact raised by the appellant and the respondent, analyzing the tribunal’s rationale in addressing each point.
The final section of the article examines the tribunal’s decision, which upheld certain additions and disallowances while providing relief on others. The implications of this judgment for tax jurisprudence and its impact on similar cases are thoroughly evaluated, providing valuable insights for legal practitioners and scholars.
The analysis concludes with a summary of the tribunal’s findings and its significance in the broader context of income tax law in India, particularly concerning the principles of natural justice and the burden of proof in tax litigation.
Analysis of ITA No. 1343/DEL/2020: DCIT Central Circle-19, New Delhi vs KRBL Limited, Delhi
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