CIT. Delhi IV v. International Travel House

194 Taxmann 324High Court2010#4992 most cited

What is CIT. Delhi IV v. International Travel House authority for?

An opportunity to substantiate a claim must be provided before applying Section 56(2)(viib) of the Income Tax Act, particularly when the pre-requisites for its application are not met.

23

judgments rely on this decision, according to BharatTax’s citation analysis of 367,154 Indian tax judgments — from 2016 to 2025.

Also referred to as

CIT vs. International Travel House · Section 56(2)(viib) · opportunity to substantiate · fair market value · share allotment · KYC · sources of funds · creditworthiness · assessment proceedings

Sections most often in play

Section 142(1)Section 143(2)Section 143(3)Section 263

Judgments citing CIT. Delhi IV v. International Travel House

Technip Uk Ltd., Gurgaon vs. DIT, New Delhi

In the result, the appeal filed by the assessee is allowed

ITA 4284/DEL/2013[2008-09]Status: DisposedITAT Delhi24 Apr 2017AY 2008-09

Bench: Shri R.K. Panda & Smt. Beena A. Pillai[Assessment Year: 2008-09] Technip Uk Limited Vs. The D.I.T. C/O Bmr & Associates Llp International - Ii 22Nd Floor, Building No. 5 New Delhi Tower ‘A’, Dlf Cyber City, Dlf Phase Iii, Gurgaon Haryana Pan : Aacct 8268 N (Appellant) (Respondent)

For Appellant: Shri Ajay Vohra, AdvFor Respondent: Shri Anuj Arora, Sr- DR
Section 263Section 4Section 44BSection 44D

…IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI “D” BENCH, NEW DELHI BEFORE SHRI R.K. PANDA ACCOUNTANT MEMBER AND SMT. BEENA A. PILLAI, JUDICIAL MEMBER [Assessment Year: 2008-09] Technip UK Limited Vs. The D.I.T. C/o BMR & Associates LLP International - II 22nd Floor, Building No. 5 New Delhi Tower ‘A’, DLF Cyber City, DLF Phase III, Gurgaon Haryana PAN : AACCT 8268 N (Appellant) (Respondent) Assessee by: Shri Ajay Vohra, Adv Shri Anshul Sachar, Adv Shri Anuj Agarwal Revenue by: Shri Anuj Arora, Sr- DR Date of hearing : 24.01.2017 Date of pronouncement : 24.04.2017 ORDER PER R.K. PANDA, ACCOUNTANT MEMBER:- T…

Small Wonder Industries, Mumbai vs. CIT 24, Mumbai

The appeal of the assessee is allowed

ITA 2464/MUM/2013[2009-10]Status: DisposedITAT Mumbai24 Feb 2017AY 2009-10

Bench: Shri Joginder Singh & Shri Ramit Kocharassessment Year: 2009-10 Small Wonder Industries, Cit-24, 78, Virwani Indl. Estate, Mumbai बनाम/ Western Express Highway, Vs. Goregaon (East), Mumbai-400063 ("नधा"रती /Assessee) (राज"व /Revenue) P.A. No. Aalfs6318Q "नधा"रती क" ओर से / Assessee By Shri Prakash Jotwani Shri Debasis Chandra Cit-Dr राज"व क" ओर से / Revenue By सुनवाई क" तार"ख / Date Of Hearing : 23/02/2017 24/02/2017 आदेश क" तार"ख /Date Of Order:

Section 142Section 143(2)Section 143(3)Section 263Section 263(1)Section 36(1)(iii)Section 80I

…आयकर अपील"य अ"धकरण, मुंबई "यायपीठ, ई, मुंबई । IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES “E”, MUMBAI "ी जो"ग"दर "संह, "या"यक सद"य एवं "ी रिमत कोचर, लेखा सद"य, के सम" Before Shri Joginder Singh, Judicial Member, and Shri Ramit Kochar, Accountant Member Assessment Year: 2009-10 Small Wonder Industries, CIT-24, 78, Virwani Indl. Estate, Mumbai बनाम/ Western Express Highway, Vs. Goregaon (East), Mumbai-400063 ("नधा"रती /Assessee) (राज"व /Revenue) P.A. No. AALFS6318Q "नधा"रती क" ओर से / Assessee by Shri Prakash Jotwani Shri Debasis Chandra CIT-DR राज"व क" ओर से / Revenue by सुनवाई क" तार"ख / Date of Hearing…

Chandan M Parmar, Mumbai vs. Asst CIT 11(2), Mumbai

In the result appeal of the assessee is partly allowed

ITA 4601/MUM/2014[2010-11]Status: DisposedITAT Mumbai30 Nov 2016AY 2010-11

Bench: Shri B.R.Baskaran & Shri Pawan Singh

For Appellant: Shri Rajiv Khandelwal (AR)For Respondent: Shri Subhlachan Ram & Ms
Section 143(3)Section 14ASection 2Section 2(14)Section 253Section 263Section 43(5)Section 68

…IN THE INCOME TAX APPELLATE TRIBUNAL, BENCH “C”, MUMBAI BEFORE SHRI B.R.BASKARAN, ACCOUNTANT MEMBER AND SHRI PAWAN SINGH, JUDICIAL MEMBER ITA No.4601/Mum/2014 for Assessment Year: 2010-11 Chandan Magraj Parmar CIT-16, 801, 8th Floor, Glenridge, R.No. 437, Aayakar Bhavan, V 16, Ridge Road, Malabar Hill, M. K. Road, s. Mumbai-400020. Mumbai -400006 PAN: AABPP1116F (Appellant) (Respondent) ITA No.2996/Mum/2016 for Assessment Year: 2011-12 Chandan Magraj Parmar CIT-16, 801, 8th Floor, Glenridge, R.No. 437, Aayakar Bhavan, 16, Ridge Road, Malabar Hill, Vs. M. K. Road, Mumbai -400006 Mumbai-400020. PAN: AABPP1116F (…