ITA 1111/DEL/2022: RamaCivil India Construction Private Ltd. vs. DCIT Central Circle-16(1), Delhi
Assessment Year: 2018-19
Case Result: Allowed
Introduction
This article provides a detailed analysis of the Income Tax Appellate Tribunal’s judgment in the matter of ITA No. 1111/DEL/2022 concerning RamaCivil India Construction Private Ltd., based in Delhi, and the Deputy Commissioner of Income Tax, Central Circle-16(1), Delhi, for the assessment year 2018-19. The Tribunal’s decision, allowing the appeal, underscores pivotal interpretations and applications of the Income Tax Act, 1961, which may influence future cases with similar contentions.
Background
The case revolves around RamaCivil India Construction Private Ltd., the appellant, who contested against the order passed by the DCIT, Central Circle-16(1), Delhi, the respondent. Filed under ITA 1111/DEL/2022, the appeal sought relief against the assessment year’s order for 2018-19….
Final Judgment
The Tribunal, in a significant move, allowed the appeal in favor of RamaCivil India Construction Private Ltd. The judgment emphasized the crucial points of contention….
Impact and Implications
The verdict delivered by the Income Tax Appellate Tribunal in ITA No. 1111/DEL/2022 has several implications….
