Delhi High Court held that as discrepancies in sales figures as well as physical stock not explained, the assessing authority took a fair view in enhancing sales by 10% of net GTO after deducting the stock transfer figure of GTO. Accordingly, levy of tax with interest confirmed.
The Delhi High Court confirms the annulment of an assessment order in the case of PCIT vs. Anuj Bansal, citing mechanical approval under Section 153D of the Income Tax Act.
Delhi High Court nullifies penalty and demand notice in Allied Engineering Works vs. National Faceless Assessment Centre case, citing a lack of a fair hearing.
Delhi High Court’s ruling on deductibility of provident fund and ESI payments made after the due date due to a national holiday. Analysis and implications.
The Delhi High Court quashes the retrospective cancellation of GST registration for Krishna Traders, emphasizing closure of business and fair proceedings.
Delhi High Court’s decision on the power of CIT(A) to annul an assessment order under the Income Tax Act. Explore the analysis and implications of this ruling.
Delhi High Court closes appeals as Assessing Officer’s income tax addition stands despite a pending Special Leave Petition.
Delhi High Court’s judgment regarding the income tax refund for Assessment Years 2020-21 and 2021-22, after an inquiry by CBDT, and the need for timely remittance.
The Delhi High Court sets aside a reassessment order related to alleged bogus purchase claims, citing the need for proper evidence and defense for the assessee.
Delhi High Court grants relief to Amadeus IT Group, condoning a 170-day delay in re-filing an Income Tax Appeal. Details of the case and the court’s decision.
