THE PR. COMMISSIONER OF INCOME TAX -CENTRAL -1 vs. JAGUAR BUILDCON PVT. LTD.
What did the High Court hold?
The High Court has issued notice to the respondent and listed the applications for condonation of delay for further hearing. The core issue of addition made by the AO under Section 68 will be examined on the next date.
What were the facts?
The Revenue filed appeals before the High Court against a common order of the ITAT which had dismissed its appeals. The assessee had succeeded before both the CIT(A) and the Tribunal. The appeals concern AY 2011-12 and AY 2012-13.
What were the issues?
Whether the addition made by the Assessing Officer under Section 68 of the Income Tax Act was in order. The appeals were filed with a significant delay.
Which sections of the Income-tax Act were involved?
AI-generated summary — verify with the full judgment below
$~34 & 35 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ITA 530/2023 + ITA 531/2023
THE PR. COMMISSIONER OF INCOME TAX – CENTRAL -1
..... Appellant Through: Mr Pratyush Gupta, Adv. for Mr Ruchir Bhatia, Sr Standing Counsel.
versus
JAGUAR BUILDCON PVT. LTD.
..... Respondent
Through: None. CORAM: HON'BLE MR. JUSTICE RAJIV SHAKDHER HON'BLE MR. JUSTICE GIRISH KATHPALIA
O R D E R %
15.09.2023
[Physical Hearing/Hybrid Hearing (as per request)] CM Appl.47599/2023 in ITA 531/2023 1. Allowed, subject to just exceptions. CM Appl.47598/2023 in ITA 530/2023 CM Appl.47600/2023 in ITA 531/2023 [Application moved on behalf of the appellant/revenue seeking condonation of delay of 400 days in re- filing the appeals.] 2. These are the applications filed on behalf of the appellant/revenue, seeking condonation of delay in re-filing the above-captioned appeals. 3. According to the appellant/revenue, the period of delay involved is 400 days.
ITA 530/2023 & 531/2023
page 1 of 3
This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 27/03/2026 at 14:24:34
Issue notice to the respondent/assessee via all permissible modes, including email. 5. List the applications on 02.02.2024.
ITA 530/2023 ITA 531/2023 6. These appeals concern Assessment Year (AY) 2011-12 [ITA 530/2023] and AY 2012-13 [ITA 531/2023]. 7. Via these appeals, the appellant/revenue seeks to assail a common order dated 31.08.2021, passed by the Income Tax Appellate Tribunal [in short, “Tribunal”]. 8. The record shows that the respondent/assessee succeeded in the appeal before both the Commissioner of Income Tax (Appeal) [in short, “CIT(A)”] and the Tribunal. 9. The CIT(A) passed two separate orders of even date i.e., 29.09.2014, which were carried in appeal by the appellant/revenue before the Tribunal. 9.1 The Tribunal, as indicated above, via a common order dated 31.08.2021, dismissed the appeal of the appellant/revenue. 10. The core issue which arose for consideration before the CIT(A) and the Tribunal was whether the addition made by the Assessing Officer (AO) under Section 68 of the Income Tax Act, 1961 [in short, “Act”] for the aforementioned AYs was in order. 11. To be noted, for AY 2011-12, the AO made addition of Rs.103,80,00,000/- while, for AY 2012-13, an addition amounting to Rs.23 crores was made.
ITA 530/2023 & 531/2023
page 2 of 3 This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 27/03/2026 at 14:24:34
This aspect of the matter will be examined on the next date of hearing. 13. List the matters on 02.02.2024.
RAJIV SHAKDHER, J
GIRISH KATHPALIA, J SEPTEMBER 15, 2023/pmc
Click here to check corrigendum, if any
ITA 530/2023 & 531/2023
page 3 of 3
This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 27/03/2026 at 14:24:34
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- Neo Incorporation, Rajkot vs DCIT Circle- 1(2), RajkotITA 471/RJT/2026[2012-2013]Status: Disposed21 Oct 2026AY 2012-2013
- Bliss Dealtrade Private Limited, Kolkata vs Income Tax Officer - Ward 9(2) Kolkata…ITA 208/KOL/2026[2012-13]Status: Disposed21 Oct 2026AY 2012-13
- Hemal Paresh Madeka, Rajkot vs Asst.Commissioner of Income Tax…ITA 955/RJT/2026[2020-21]Status: Disposed19 Oct 2026AY 2020-21
- Ajaybhai Dineshbhai Bagdai, Near Central… vs The Income Tax Officer, Ward-1(2)(1), New…ITA 74/RJT/2026[2013-14]Status: Disposed19 Oct 2026AY 2013-14
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