Delhi HC Stayed Demand Under Section 143(1) Due to Double Disallowance Error

Portronics Digital Private Limited Vs ACIT (Delhi High Court) The petitioner challenged an intimation dated 14.12.2025 issued under Section 143(1) of the Income Tax Act, 1961 for Assessment Year 2024–25, raising a demand of ₹1.37 crore. The petitioner contended that expenses amounting to ₹4.26 crore had already been added back while filing the return, but despite furnishing a clarification in response to a notice dated 07.03.2025, the demand was raised without considering the reply, resulting in double disallowance. The Revenue submitted that the intimation was appealable but acknowledge...