Case Number: ITA 789/DEL/2020
Appellant: ICRI Research P. Ltd., New Delhi
Respondent: ITO Ward-74(4), New Delhi
Assessment Year: 2012-13
Result: Appeal allowed for statistical purposes
Case Filed on: 2020-02-13
Order Type: Final Tribunal Order
Date of Order: 2022-07-11
Pronounced on: 2022-07-11
The case involves ICRI Research P. Ltd., which faced significant discrepancies during a survey operation, leading to substantial demands for tax deductions under various legal sections for the fiscal year 2012-13.
The tribunal reviewed the penalties and charges levied against ICRI Research by the income tax department, particularly focusing on the unaccounted tax deductions and the process followed by the lower tax authorities.
The judgment highlighted issues around the adherence to procedural norms and the proper application of tax laws, providing a crucial insight into the handling of tax-related disputes and the importance of adequate representation in tax appeals.
This detailed analysis covers the procedural aspects, the factual matrix of the case, and the legal principles applied, offering a comprehensive understanding of the judicial approach in handling such complex tax disputes.
Order Pronounced in the Open Court on 11/07/2022
Members:
Assistant Registrar: ITAT, New Delhi
ICRI Research P. Ltd. vs ITO, Ward-74(4) – ITA 789/DEL/2020: A Detailed Case Analysis
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