This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Penalty Proceedings Initiate from Date of Reference Receipt by Additional CIT: Delhi HC
Case Law Details
- Case Name
- Property Plus Realtors Vs Union of India & Ors. (Delhi High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2020-21
- Courts
- All High Courts, Delhi High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Property Plus Realtors Vs Union of India & Ors. (Delhi High Court)
Delhi High Court has set aside a penalty of ₹14.63 crore imposed on Property Plus Realtors under Section 271DA of the Income Tax Act, 1961, for alleged violations of Section 269ST. The court ruled that the order, issued on October 17, 2024, was beyond the statutory limitation period prescribed under Section 275(1)(c) of the Act. It held that the penalty proceedings should be considered initiated from the date the reference was received by the Additional Commissioner of Income Tax—January 18, 2023—not a later date ...
