Amount received in excess of amount received from TPE can’t be prima facie termed as proceeds of Crime liable to be confiscated or for Compensation: Delhi HC
The Delhi High Court held that the amount received in excess of the amount received from TPE cannot be prima facie termed as proceeds of the crime liable to be confiscated or for compensation. The
Appreciation of Material placed before AO exclusively within his domain, can’t be interdicted by CIT(A) u/s 263: Delhi HC
The Delhi High court held revision by CIT(A) under Section 263 is invalid as appreciation of material placed before AO exclusively within his domain. Ms. Vibhooti Malhotra, Senior Standing Counsel for the appellant/revenue contended that
Onus lies on Revenue to Show failure on part of Assessee to fully and truly disclose all material facts: Delhi HC [Read Order]
The Delhi High Court ruled that the onus lies on Revenue to show failure on part of assessee to fully and truly disclose all material facts. The dispute originates from the return of income filed
ITAT empowered to amend its own orders triggered on account of mistake of Counsel for Parties: Delhi HC [Read Order]
The Delhi High Court held that the Income Tax Appellate Tribunal (ITAT) empowered to amend its own orders triggered on account of mistake of counsel for parties. The petitioner, Federal Mogul Goetze (India) Limited inadvertently,
Delhi HC Sets Aside Arbitral Award Containing Contradictory Findings [Read Order]
The Delhi High Court sets aside arbitral awards containing contradictory findings. The court held that the impugned award is liable to be set aside on the ground of being perverse and being vitiated by patent
Plea in Delhi High Court challenging GST on amount received in Convertible Foreign Exchange from Export of Services outside India [Read Order]
The Delhi High Court issued the notice to the Government on a plea challenging Integrated Goods and Service Tax (IGST) on the amount received in convertible foreign exchange in the course of Export of Services
Citizens can’t be penalised for a discrepancy in FCRA Annual Return prescribed by Govt.: Delhi High Court [Read Order]
The Delhi High court ruled that the citizens can not be penalised for a discrepancy in FCRA Annual Return Form i.e. FC-4 Form, prescribed by the Government. The petitioners, Arbor Charitable Foundation, are recipients of
‘Stridhan’ of the Wife cannot be seized while completing assessment proceedings of the husband: Delhi HC [Read Judgment]
The division bench of the Delhi High Court, in a recent decision, held that, the “Stridhan” of a woman cannot be seized during the course of completing assessment proceedings against her husband. While directing the Department
Partial Relief to Cloudtail: Delhi HC remands matter back to AO for fresh consideration of Application for Lower Withholding Tax Certificate [Read Order]
In a partial relief to  Cloudtail, the Delhi High Court remanded matters back to the Assessing Officer (AO) for fresh consideration of Application for Lower Withholding Tax Certificate. Mr. Ajay Vohra, the Senior Counsel on
Relief to ESPN: Assessing Officer not empowered to carry out Assessment based on mere Change of Opinion on Same set of facts and Materials, says Delhi HC [Read Order]
The Delhi High Court ruled that the Assessing Officer (AO) is not empowered to carry out Assessment based on mere change of opinion on the same set of facts and materials. The petitioner, M/s ESS
Delhi High Court grants Anticipatory Bail to person Accused of GST Evasion worth Rs.56 cr [Read Order]
The Delhi High Court has granted the Anticipatory Bail to persons Accused of GST Evasion worth Rs.56 crores. The applicant, Saurav Gupta has filed the application for Anticipatory Bail. Mr. Kanhaiya Singhal, counsel for the
Delhi HC dismisses Petition challenging Results of CA Exam held on Nov 2017 [Read Judgment]
The Delhi High Court recently dismissed a petition challenging the results of Chartered Accountants ( CA Exam Final) examination held on November 2017. In the instant petition, the petitioners, Milind Agarwal and Others contended before
Delhi High Court imposes Cost of Rs. 20k on Audit-I and GST EAST for Non-Appearance of Counsels [Read Order]
The Delhi High Court  imposed the cost of Rs. 20,000 on Audit-I and GST EAST for non-appearance of Counsels and non-filing of the counter reply despite various opportunities. The division bench of Justice Rajiv Shakdher
Assessing Officer can’t adjust Income Tax Refund due to Taxpayer against outstanding Demand in excess to Limit of 20%: Delhi HC [Read Order]
The Delhi High Court held that the Assessing Officer cannot adjust Refund Due to Taxpayer against outstanding Demand in excess to the limit of 20%. Mr.Bhuwan Dhoopar, the counsel for the petitioner, Eko India Financial
Delhi High Court directs ICAI to create Framework where there is proper disclosure by Candidates who apply to become CA at Inception [Read Order]
The Delhi High Court has directed the Institute of Chartered Accountants of India (ICAI) to create a framework where there is proper disclosure by candidates who apply to become CA at Inception. The Petitioner, Mohit