Case ITA 1056/DEL/2020: Withdrawal Under the Vivad se Vishwas Scheme Introduction The case ITA 1056/DEL/2020 highlights a pivotal decision in the context of tax disputes in India, showcasing the impact of the Vivad se Vishwas scheme, which was introduced to reduce litigation in the realm of tax compliance and encourage settlements. Filed by Rajesh Kumar […]
Case ITA 1057/DEL/2020: Settlement under the Vivad se Vishwas Scheme Introduction The appeal ITA 1057/DEL/2020 serves as a significant example of the strategic use of the Vivad se Vishwas scheme to manage and resolve ongoing tax disputes effectively. This case involves Ira Malhotra, a New Delhi-based appellant, who contested assessments made by the ACIT, Circle-70(1), […]
Dispute Over Tax Penalties in ITA 1058/DEL/2020 Introduction In the case of ITA No. 1058/Del/2020, Raygada Minerals & Chemicals P. Ltd. faced significant legal challenges regarding penalties imposed for discrepancies in their tax filings for the assessment year 2013-14. This case exemplifies the intricate legal proceedings involved in corporate tax disputes in India. Background The […]
Challenging Reassessment in ITA 1059/DEL/2020 Introduction In the case ITA No. 1059/Del/2020, Ashok Choudhary appeals against the decisions of the Income Tax Department concerning reassessment proceedings for the fiscal year 2009-10, marking a significant legal debate on the procedural integrity of income tax assessments under Section 147/148 of the Income Tax Act. Background The case […]
Dispute Over Capital Gains Exemption in ITA 1060/DEL/2020 Introduction ITA No. 1060/Del/2020 presents a compelling scenario where Vijay Sharma challenges the denial of capital gains exemption on the purchase of properties intended for residential development for the assessment year 2015-16. Background Vijay Sharma sold two residential properties, generating capital gains which he reinvested in three […]
Settlement of Tax Dispute in ITA 1061/DEL/2020 Under Vivad Se Vishwas Introduction In ITA No. 1061/Del/2020, Sita Ram Kajla settles an ongoing tax dispute using the Vivad Se Vishwas Scheme for the assessment year 2010-11, providing a strategic resolution to avoid prolonged litigation. Background The case, filed against the order of the CIT(A) in Hisar […]
Capital Gains Dispute in ITA 1062/DEL/2020 Introduction This case analysis delves into ITA No. 1062/Del/2020, where appellant Kiran Kaur Kohli challenges the income tax assessment for AY 2016-17 concerning the capital gains incurred from the transfer of property rights. Case Background Kiran Kaur Kohli purchased rights to a property in 2006, which she later transferred […]
Capital Gains Dispute in ITA 1063/DEL/2020 Introduction ITA No. 1063/Del/2020 involves a complex dispute over the calculation of capital gains tax arising from the sale of an inherited property, emphasizing the legal nuances in assessing the cost basis and period of holding. Background Kulvinder Singh Kohli inherited a property, which was originally purchased by his […]
Legal Analysis of ITA 1064/DEL/2020 Introduction This case review examines the appeal filed by the Income Tax Officer against Amu Leasing Pvt. Ltd. regarding share capital contributions alleged to be unverifiable under Section 68 of the Income-tax Act, 1961. Case Background The dispute originated from an assessment where the ITO challenged the increase in share […]
Examination of ITA 1066/DEL/2020 Introduction This case analysis reviews ITA No. 1066/Del/2020, involving a dispute between Asif Ali Siddiqui and the ITO regarding unexplained cash deposits and undeclared professional income for the assessment year 2011-12. Background The case centers on the ITO’s addition of unexplained cash deposits totaling Rs. 22,84,500 and undeclared professional income of […]
Detailed Case Analysis: ITA 1067/DEL/2020 Introduction This case review explores ITA No. 1067/Del/2020, involving Devki Prakash Chhaya Me’s appeal against the CIT (Exemption)’s decision to deny Section 12A registration, which is crucial for tax exemptions for charitable organizations. Background The trust, established based on the will of Mrs. Sudesh Khanna, aimed to honor her late […]
Resolution of ITA 1069/DEL/2020 Through Vivad Se Vishwas Introduction This case analysis discusses ITA No. 1069/Del/2020, involving SBBJ Employees Urban Co-operative Thrift & Credit Society Ltd.’s decision to withdraw their appeal and settle the tax dispute for the assessment year 2016-17 under the Vivad Se Vishwas Scheme. Case Background The case originally contested assessments by […]
Detailed Analysis of ITA 1070/DEL/2020 Introduction An in-depth review of ITA No. 1070/Del/2020, involving White House Infra Developers P.Ltd’s appeal against an ex-parte order and a contentious disallowance of a business advance by the ITO, Ward-2(5), Faridabad. Case Background The case centers around a disputed business advance of Rs. 50,00,000 made to Shubh Propbuild Pvt. […]
Comprehensive Review of ITA 1074/DEL/2020 Introduction This detailed analysis covers the tax appeal ITA No. 1074/Del/2020 involving Ishwar Chand and the ITO Ward-2, Hisar, for the assessment year 2016-17, focusing on disputes over interest disallowance. Case Background The case primarily revolves around two major disallowances: one concerning interest paid on earnings and another regarding interest […]
Settlement of ITA 1077/DEL/2020 Under Vivad Se Vishwas Introduction An analysis of ITA No. 1077/Del/2020, in which Mahender Kumar decided to settle the dispute for the assessment year 2015-16 under the Vivad Se Vishwas Act, 2020, leading to a withdrawal of the appeal. Case Background The appeal was initially filed against the order by the […]
ITA 1078/DEL/2020 Case Settlement Under Vivad Se Vishwas Case Overview An examination of ITA No. 1078/Del/2020, where PMC Fincorp Limited, formerly known as Priti Mercantile Co. Ltd, opted for a legal settlement of its tax disputes under the Vivad Se Vishwas Scheme for the assessment year 2011-12. Background The case was brought before the Income […]
Settlement and Withdrawal in ITA 1079/DEL/2020 Case Overview This detailed analysis covers the appeal ITA No. 1079/Del/2020 involving R.K. Lumbers Private Limited against the order of learned CIT(A)-7, New Delhi for the assessment year 2016-17. Background The appeal was initially filed against adjustments made by the Assessing Officer which were upheld by CIT(A). R.K. Lumbers […]
Johnson Watch Company Pvt. Ltd. vs. ACIT – ITA 1080/DEL/2020 Case Overview Johnson Watch Company Pvt. Ltd. files an appeal against the order of the CIT(A) for the assessment year 2011-12, challenging the tax deductions at source on common area maintenance charges. Background of the Case The case addresses whether the common area maintenance (CAM) […]
Ramesh Chandna vs. ACIT – ITA 1081/DEL/2020 Case Overview This case involves Ramesh Chandna appealing against the CIT(A) order concerning the computation of capital gains tax for the assessment year 2016-17. Background Ramesh Chandna, a Doctor by profession, reported income from various sources including significant capital gains from the sale of inherited property, which he […]
Tayal Farms & Leasing vs. ITO – ITA 1082/DEL/2020 Case Summary This case involves Tayal Farms & Leasing Pvt Ltd appealing against the order of the learned Commissioner of Income Tax (Appeals)-43, New Delhi, which pertains to the assessment year 2008-09. Case Background The appeal was directed against a prior decision by the CIT(A) dated […]
Manage the increasing number of hearings effortlessly by leveraging the legal AI revolution We are India's Leading revolutionary AI-powered legal platform where you can get enough insights into top cases and judgements.
Research Platform