Tag: Delhi High Court
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Supreme Court’s Decision in Abhisar Buildwell Case Not Carte Blanche Enabling Dept. To Overcome Restrictions For Reopening Assessment: Delhi High Court
BackgroundConclusionFAQsCan Income Tax Dept. Quote Supreme Court’s Decision in Abhisar Buildwell Case to overcome restrictions for reopening assessment?What are the restrictions for reopening assessment?Case...
Delhi High Court Quashes Income Tax Reassessment Action On Ground Of Amalgamated Entity Having Never Been Placed On Notice
Background ConclusionFAQsCan income tax reassessment action taken against Amalgamated Entity?Is reassessment order sustainable without notice?Case Details
The Delhi High Court has quashed reassessment action initiated by the...
AO Can’t Reopen Income Tax Assessment If PCIT Decides In Favour Of Assessee: Delhi High Court
Background ArgumentsRelevant ProvisionsConclusionCase Details
The Delhi High Court had held that once the Principal Commissioner Of Income Tax (PCIT) has decided in favour of the...
Commissioner Not Empowered To Block ECL By Amount Exceeding Credit Available: Delhi High Court
Background Issue Raised ArgumentsRelevant Provisions ConclusionFAQsCan Commissioner block ECL?What provisions empoweres commissioner to Block ECL?Case Details
The Delhi High Court has held that the commissioner is not...
Public Funds Auction | Committee Of Creditors Decision To Be Considered By NCLT, May Allow ‘Open Court Bidding’: Delhi High Court
BackgroundArgumentsConclusionFAQsWhat is a public funds auction called?Case Details
The Delhi High Court has held that in matters of public funds auction the best methodology for...