Pr. Commissioner Of Income Tax ... vs M/S Tdi Infrastructure Ltd

ik-127006307 Delhi High Court 27 November 2024 • 21 min read

Judges (2)

Ravinder Dudeja Delivered Yashwant Varma Coram

Counsel (6)

Gaurav Gupta Counsel Appellant Mahir Aggarwal Counsel Respondent Salil Aggarwal Counsel Respondent Shivendra Singh Counsel Appellant Uma Shankar Counsel Respondent Yojit Pareek Counsel Appellant

Parties (2)

Principal Commissioner of Income Tax (Central)-3 Appellant TDI Infrastructure Ltd Respondent

Case Significance

Pr. Commissioner Of Income Tax ... vs M/S Tdi Infrastructure Ltd is a Delhi High Court decision dated November 27, 2024 (citation: ik-127006307). The Revenue appealed against ITAT orders for AY 2007-08 and 2008-09 challenging the deletion of additions made in proceedings under Section 153C of the Income Tax Act initiated against TDI Infrastructure based on documents seized during a search. The court held that the question of law regarding the scope of Section 153C proceedings had already been settled by the Division Bench in Kabul Chawla and Dreamcity Buildwell, which established that additions must be based on documents referred to in The bench comprised Justices Ravinder Dudeja and Yashwant Varma. The judgment was delivered by Justice Ravinder Dudeja. Counsel appearing: Gaurav Gupta (counsel for appellant), Mahir Aggarwal (counsel for respondent), Salil Aggarwal (counsel for respondent), Shivendra Singh (counsel for appellant), Uma Shankar (counsel for respondent), Yojit Pareek (counsel for appellant).

Summary

The Revenue appealed against ITAT orders for AY 2007-08 and 2008-09 challenging the deletion of additions made in proceedings under Section 153C of the Income Tax Act initiated against TDI Infrastructure based on documents seized during a search. The court held that the question of law regarding the scope of Section 153C proceedings had already been settled by the Division Bench in Kabul Chawla and Dreamcity Buildwell, which established that additions must be based on documents referred to in the satisfaction note. The appeals were dismissed as no substantial question of law arose.

What was the outcome of Pr. Commissioner Of Income Tax ... vs M/S Tdi Infrastructure Ltd?

The Revenue appealed against ITAT orders for AY 2007-08 and 2008-09 challenging the deletion of additions made in proceedings under Section 153C of the Income Tax Act initiated against TDI Infrastruct...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-127006307)