Ltd vs CIT (268 ITR211) (Del) 9. DCIT v. Esteem Towers (P) Ltd. (99 TIJ 472) (Del) 10.CIT vs Dolphin Canpack Ltd.

204 CTR 50Reported decision#8858 most cited

What is Ltd vs CIT (268 ITR211) (Del) 9. DCIT v. Esteem Towers (P) Ltd. (99 TIJ 472) (Del) 10.CIT vs Dolphin Canpack Ltd. authority for?

The Assessing Officer must conduct an enquiry to verify evidence furnished by an assessee to discharge the initial onus under Section 68, and cannot merely rely on a perfunctory assessment.

12

judgments rely on this decision, according to BharatTax’s citation analysis of 366,339 Indian tax judgments — from 2017 to 2019.

Also referred to as

Achal Investment Ltd vs CIT · Section 68 · cash credits · unexplained money · AO enquiry · discharge of onus · evidence · creditworthiness · source of source

Judgments citing Ltd vs CIT (268 ITR211) (Del) 9. DCIT v. Esteem Towers (P) Ltd. (99 TIJ 472) (Del) 10.CIT vs Dolphin Canpack Ltd.

Rmp Holding (P) Ltd., New Delhi vs. ITO, Ward- 20(3), New Delhi

ITA 79/DEL/2019[2010-11]Status: DisposedITAT Delhi09 Aug 2019AY 2010-11

Bench: Shri Amit Shukla & Shri L.P. Sahuasstt. Year: 2007-08

For Appellant: Shri S.K. Gupta, CAFor Respondent: Shri Surender Pal. Sr. DR
Section 143(1)Section 143(3)Section 147Section 271(1)(c)Section 68

…(Del) (FB) 7. CIT vs Steller Investment Ltd (192 ITR287) (Del) upheld by CIT vs Steller Investment Ltd (251 ITR263) (SC) 8. Achal lnvestment Ltd vs CIT (268 ITR211) (Del) 9. DCIT vs Esteem Towers (P) Ltd. (99 TIJ 472) (Del) 10.CIT vs Dolphin Canpack Ltd (204 CTR 50) (Del) 11.CIT vs Glocom Impex (P) Ltd. (205 CTR 571) (Del) 12.CIT vs Gangaur Investment Ltd. (335 ITR359) (Del) 13.CIT vs Dwarkadhish Investment (P)Ltd. (330 ITR298) (Del). 14.Prabhatam Investment Pvt Ltd Vs ACITITA No.2523 to 2525/De1/2015 Dt:17.04.2017. 15.PCIT vs Adamine Construction P Ltd 99 Taxmann.com 45 SC) (2018) 16.PCIT vs Himachal F…

R.N. Khemka Enterprises (P) Ltd., Delhi vs. ITO, Ward- 20(3), New Delhi

ITA 78/DEL/2019[2010-11]Status: DisposedITAT Delhi09 Aug 2019AY 2010-11

Bench: Shri Amit Shukla & Shri L.P. Sahuasstt. Year: 2007-08

For Appellant: Shri S.K. Gupta, CAFor Respondent: Shri Surender Pal. Sr. DR
Section 143(1)Section 143(3)Section 147Section 271(1)(c)Section 68

…(Del) (FB) 7. CIT vs Steller Investment Ltd (192 ITR287) (Del) upheld by CIT vs Steller Investment Ltd (251 ITR263) (SC) 8. Achal lnvestment Ltd vs CIT (268 ITR211) (Del) 9. DCIT vs Esteem Towers (P) Ltd. (99 TIJ 472) (Del) 10.CIT vs Dolphin Canpack Ltd (204 CTR 50) (Del) 11.CIT vs Glocom Impex (P) Ltd. (205 CTR 571) (Del) 12.CIT vs Gangaur Investment Ltd. (335 ITR359) (Del) 13.CIT vs Dwarkadhish Investment (P)Ltd. (330 ITR298) (Del). 14.Prabhatam Investment Pvt Ltd Vs ACITITA No.2523 to 2525/De1/2015 Dt:17.04.2017. 15.PCIT vs Adamine Construction P Ltd 99 Taxmann.com 45 SC) (2018) 16.PCIT vs Himachal F…

ITO, Ward- 20(3), New Delhi vs. Rmp Holding (P) Ltd., New Delhi

ITA 6017/DEL/2018[2007-08]Status: DisposedITAT Delhi09 Aug 2019AY 2007-08

Bench: Shri Amit Shukla & Shri L.P. Sahuasstt. Year: 2007-08

For Appellant: Shri S.K. Gupta, CAFor Respondent: Shri Surender Pal. Sr. DR
Section 143(1)Section 143(3)Section 147Section 271(1)(c)Section 68

…(Del) (FB) 7. CIT vs Steller Investment Ltd (192 ITR287) (Del) upheld by CIT vs Steller Investment Ltd (251 ITR263) (SC) 8. Achal lnvestment Ltd vs CIT (268 ITR211) (Del) 9. DCIT vs Esteem Towers (P) Ltd. (99 TIJ 472) (Del) 10.CIT vs Dolphin Canpack Ltd (204 CTR 50) (Del) 11.CIT vs Glocom Impex (P) Ltd. (205 CTR 571) (Del) 12.CIT vs Gangaur Investment Ltd. (335 ITR359) (Del) 13.CIT vs Dwarkadhish Investment (P)Ltd. (330 ITR298) (Del). 14.Prabhatam Investment Pvt Ltd Vs ACITITA No.2523 to 2525/De1/2015 Dt:17.04.2017. 15.PCIT vs Adamine Construction P Ltd 99 Taxmann.com 45 SC) (2018) 16.PCIT vs Himachal F…

R.N. Khemka Enterprises (P) Ltd., Delhi vs. ITO, Ward- 20(3), New Delhi

ITA 584/DEL/2018[2006-07]Status: DisposedITAT Delhi09 Aug 2019AY 2006-07

Bench: Shri Amit Shukla & Shri L.P. Sahuasstt. Year: 2007-08

For Appellant: Shri S.K. Gupta, CAFor Respondent: Shri Surender Pal. Sr. DR
Section 143(1)Section 143(3)Section 147Section 271(1)(c)Section 68

…(Del) (FB) 7. CIT vs Steller Investment Ltd (192 ITR287) (Del) upheld by CIT vs Steller Investment Ltd (251 ITR263) (SC) 8. Achal lnvestment Ltd vs CIT (268 ITR211) (Del) 9. DCIT vs Esteem Towers (P) Ltd. (99 TIJ 472) (Del) 10.CIT vs Dolphin Canpack Ltd (204 CTR 50) (Del) 11.CIT vs Glocom Impex (P) Ltd. (205 CTR 571) (Del) 12.CIT vs Gangaur Investment Ltd. (335 ITR359) (Del) 13.CIT vs Dwarkadhish Investment (P)Ltd. (330 ITR298) (Del). 14.Prabhatam Investment Pvt Ltd Vs ACITITA No.2523 to 2525/De1/2015 Dt:17.04.2017. 15.PCIT vs Adamine Construction P Ltd 99 Taxmann.com 45 SC) (2018) 16.PCIT vs Himachal F…

R.N. Khemka Enterprises (P) Ltd., Delhi vs. ITO, New Delhi

ITA 3299/DEL/2017[2006-07]Status: DisposedITAT Delhi09 Aug 2019AY 2006-07

Bench: Shri Amit Shukla & Shri L.P. Sahuasstt. Year: 2007-08

For Appellant: Shri S.K. Gupta, CAFor Respondent: Shri Surender Pal. Sr. DR
Section 143(1)Section 143(3)Section 147Section 271(1)(c)Section 68

…(Del) (FB) 7. CIT vs Steller Investment Ltd (192 ITR287) (Del) upheld by CIT vs Steller Investment Ltd (251 ITR263) (SC) 8. Achal lnvestment Ltd vs CIT (268 ITR211) (Del) 9. DCIT vs Esteem Towers (P) Ltd. (99 TIJ 472) (Del) 10.CIT vs Dolphin Canpack Ltd (204 CTR 50) (Del) 11.CIT vs Glocom Impex (P) Ltd. (205 CTR 571) (Del) 12.CIT vs Gangaur Investment Ltd. (335 ITR359) (Del) 13.CIT vs Dwarkadhish Investment (P)Ltd. (330 ITR298) (Del). 14.Prabhatam Investment Pvt Ltd Vs ACITITA No.2523 to 2525/De1/2015 Dt:17.04.2017. 15.PCIT vs Adamine Construction P Ltd 99 Taxmann.com 45 SC) (2018) 16.PCIT vs Himachal F…

R.N. Khemka Enterprises (P) Ltd., Delhi vs. ITO, Ward- 20(3), New Delhi

ITA 1029/DEL/2019[2008-09]Status: DisposedITAT Delhi09 Aug 2019AY 2008-09

Bench: Shri Amit Shukla & Shri L.P. Sahuasstt. Year: 2007-08

For Appellant: Shri S.K. Gupta, CAFor Respondent: Shri Surender Pal. Sr. DR
Section 143(1)Section 143(3)Section 147Section 271(1)(c)Section 68

…(Del) (FB) 7. CIT vs Steller Investment Ltd (192 ITR287) (Del) upheld by CIT vs Steller Investment Ltd (251 ITR263) (SC) 8. Achal lnvestment Ltd vs CIT (268 ITR211) (Del) 9. DCIT vs Esteem Towers (P) Ltd. (99 TIJ 472) (Del) 10.CIT vs Dolphin Canpack Ltd (204 CTR 50) (Del) 11.CIT vs Glocom Impex (P) Ltd. (205 CTR 571) (Del) 12.CIT vs Gangaur Investment Ltd. (335 ITR359) (Del) 13.CIT vs Dwarkadhish Investment (P)Ltd. (330 ITR298) (Del). 14.Prabhatam Investment Pvt Ltd Vs ACITITA No.2523 to 2525/De1/2015 Dt:17.04.2017. 15.PCIT vs Adamine Construction P Ltd 99 Taxmann.com 45 SC) (2018) 16.PCIT vs Himachal F…

R.N. Khemka Enterprises (P) Ltd., Delhi vs. ITO, Ward- 20(3), New Delhi

ITA 585/DEL/2018[2008-09]Status: DisposedITAT Delhi09 Aug 2019AY 2008-09

Bench: Shri Amit Shukla & Shri L.P. Sahuasstt. Year: 2007-08

For Appellant: Shri S.K. Gupta, CAFor Respondent: Shri Surender Pal. Sr. DR
Section 143(1)Section 143(3)Section 147Section 271(1)(c)Section 68

…(Del) (FB) 7. CIT vs Steller Investment Ltd (192 ITR287) (Del) upheld by CIT vs Steller Investment Ltd (251 ITR263) (SC) 8. Achal lnvestment Ltd vs CIT (268 ITR211) (Del) 9. DCIT vs Esteem Towers (P) Ltd. (99 TIJ 472) (Del) 10.CIT vs Dolphin Canpack Ltd (204 CTR 50) (Del) 11.CIT vs Glocom Impex (P) Ltd. (205 CTR 571) (Del) 12.CIT vs Gangaur Investment Ltd. (335 ITR359) (Del) 13.CIT vs Dwarkadhish Investment (P)Ltd. (330 ITR298) (Del). 14.Prabhatam Investment Pvt Ltd Vs ACITITA No.2523 to 2525/De1/2015 Dt:17.04.2017. 15.PCIT vs Adamine Construction P Ltd 99 Taxmann.com 45 SC) (2018) 16.PCIT vs Himachal F…

DCIT, New Delhi vs. M/S. Mahesh Wood Products (P) Ltd., New Delhi

In the result, the ITA No

ITA 4875/DEL/2014[2010-11]Status: DisposedITAT Delhi21 Feb 2019AY 2010-11

Bench: Sh. H.S. Sidhu & Shri Prashant Maharishi

Section 132Section 132(4)Section 143(2)Section 153A

…21.11.2016 (PB 93-95) (6) Pr. CIT vs Green Valley Plywood Ltd ITA 358/2016 Dt: 01.06.2016 (Del) (PB 22-23) (7) CIT vs Divine Leasing & Finance Ltd. 299 ITR 268 (Del) (8) Achal Investment Ltd vs CIT (268 ITR 211) (Del) (9) CIT vs Dolphin Canpack Ltd (204 CTR 50) (Del) (10) CIT vs Glocom Impex (P) Ltd. (205 CTR 571) (Del) (11) CIT vs Gangaur Investment Ltd. (335 ITR 359) (Del) (12) CIT vs Dwarkadhish Investment (P)Ltd. (330 ITR 298) (Del). (13) CIT v. Winstral Petrochemicals Pvt Ltd [(2011) 330 ITR 603 (Del) (PB 123-125); (14) CITv. Value Capital Services (P) Ltd [(2008) 307 ITR 334 (Del.). (15) Ut…

DCIT, New Delhi vs. M/S. Mahesh Wood Products (P) Ltd., New Delhi

In the result, the ITA No

ITA 4874/DEL/2014[2009-10]Status: DisposedITAT Delhi21 Feb 2019AY 2009-10

Bench: Sh. H.S. Sidhu & Shri Prashant Maharishi

Section 132Section 132(4)Section 143(2)Section 153A

…21.11.2016 (PB 93-95) (6) Pr. CIT vs Green Valley Plywood Ltd ITA 358/2016 Dt: 01.06.2016 (Del) (PB 22-23) (7) CIT vs Divine Leasing & Finance Ltd. 299 ITR 268 (Del) (8) Achal Investment Ltd vs CIT (268 ITR 211) (Del) (9) CIT vs Dolphin Canpack Ltd (204 CTR 50) (Del) (10) CIT vs Glocom Impex (P) Ltd. (205 CTR 571) (Del) (11) CIT vs Gangaur Investment Ltd. (335 ITR 359) (Del) (12) CIT vs Dwarkadhish Investment (P)Ltd. (330 ITR 298) (Del). (13) CIT v. Winstral Petrochemicals Pvt Ltd [(2011) 330 ITR 603 (Del) (PB 123-125); (14) CITv. Value Capital Services (P) Ltd [(2008) 307 ITR 334 (Del.). (15) Ut…

DCIT, New Delhi vs. M/S. Mahesh Wood Products (P) Ltd., New Delhi

In the result, the ITA No

ITA 4873/DEL/2014[2008-09]Status: DisposedITAT Delhi21 Feb 2019AY 2008-09

Bench: Sh. H.S. Sidhu & Shri Prashant Maharishi

Section 132Section 132(4)Section 143(2)Section 153A

…21.11.2016 (PB 93-95) (6) Pr. CIT vs Green Valley Plywood Ltd ITA 358/2016 Dt: 01.06.2016 (Del) (PB 22-23) (7) CIT vs Divine Leasing & Finance Ltd. 299 ITR 268 (Del) (8) Achal Investment Ltd vs CIT (268 ITR 211) (Del) (9) CIT vs Dolphin Canpack Ltd (204 CTR 50) (Del) (10) CIT vs Glocom Impex (P) Ltd. (205 CTR 571) (Del) (11) CIT vs Gangaur Investment Ltd. (335 ITR 359) (Del) (12) CIT vs Dwarkadhish Investment (P)Ltd. (330 ITR 298) (Del). (13) CIT v. Winstral Petrochemicals Pvt Ltd [(2011) 330 ITR 603 (Del) (PB 123-125); (14) CITv. Value Capital Services (P) Ltd [(2008) 307 ITR 334 (Del.). (15) Ut…

M/S. Globus Projects Pvt. Ltd., New Delhi vs. DCIT, Faridabad

In the result all the three appeals filed by the assesses are allowed

ITA 2491/DEL/2017[2012-13]Status: DisposedITAT Delhi30 Nov 2017AY 2012-13

Bench: Shri H.S.Sidhu & Shri Prashant Maharishim/S. Globus Projects Private Ltd, Vs. Dcit, Unit No. 5D, 5Th Floor, Assets Aria Central Circle-1, Signature Offices, Jw Marriott Hotel, Faridabad Asset Area-4, Delhi Aerocity Hospitality District, New Delhi Pan:Aaccg5308E (Appellant) (Respondent) Bestech Hospitalities Pvt. Ltd, Vs. Dcit, Unit No. 5D, 5Th Floor, Assets Aria Central Circle-1, Signature Offices, Jw Marriott Hotel, Faridabad Asset Area-4, Delhi Aerocity Hospitality District, New Delhi Pan:Aaccg5308E (Appellant) (Respondent) Bestech India Pvt. Ltd, Vs. Dcit, Unit No. 5D, 5Th Floor, Assets Aria Central Circle-1, Signature Offices, Jw Marriott Hotel, Faridabad Asset Area-4, Delhi Aerocity Hospitality District, New Delhi Pan:Aaccg5308E (Appellant) (Respondent)

For Appellant: Shri Raj Kumar Gupta, CAFor Respondent: Smt Aparna Karan, CIT DR
Section 131Section 132Section 133ASection 153ASection 153A(1)(b)Section 153CSection 263

…essed in various other judgments of Hon‟ble courts, few of them is cited hereunder: CIT v.s Steller Investment Ltd (251 ITR 263) (SC) Achal Investment Ltd vs CIT (268 ITR 211) (Del) DCIT.vs Esteem Towers (P) Ltd. (99 TTJ 472) (Del) CIT vs Dolphin Canpack Ltd (204 CTR 50) (Del) CIT vs Giocom Impex (P) Ltd. (205 CTR 571) (Del) CIT vs Gangaur Investment Ltd. (335 ITR 359) (Del) CIT vs Dwarkadhish Investment (P)Ltd. (330 ITR 298)(Del) CIT vs Gangeshwari Metal Pvt. Ltd. (2013) 361 ITR 10 (Del) CIT vs Expo Global India Ltd. (2014) 361 ITR 147 (Del) Sir, as regards the credit worthiness, it is submitted that appellant h…

M/S. Bestech India Pvt. Ltd., New Delhi vs. DCIT, Faridabad

In the result all the three appeals filed by the assesses are allowed

ITA 2485/DEL/2017[2012-13]Status: DisposedITAT Delhi30 Nov 2017AY 2012-13

Bench: Shri H.S.Sidhu & Shri Prashant Maharishim/S. Globus Projects Private Ltd, Vs. Dcit, Unit No. 5D, 5Th Floor, Assets Aria Central Circle-1, Signature Offices, Jw Marriott Hotel, Faridabad Asset Area-4, Delhi Aerocity Hospitality District, New Delhi Pan:Aaccg5308E (Appellant) (Respondent) Bestech Hospitalities Pvt. Ltd, Vs. Dcit, Unit No. 5D, 5Th Floor, Assets Aria Central Circle-1, Signature Offices, Jw Marriott Hotel, Faridabad Asset Area-4, Delhi Aerocity Hospitality District, New Delhi Pan: Aaccb2540F (Appellant) (Respondent) Bestech India Pvt. Ltd, Vs. Dcit, Unit No. 5D, 5Th Floor, Assets Aria Central Circle-1, Signature Offices, Jw Marriott Hotel, Faridabad Asset Area-4, Delhi Aerocity Hospitality District, New Delhi Pan: Aabcb6551B (Appellant) (Respondent)

For Appellant: Shri Raj Kumar Gupta, CAFor Respondent: Smt Aparna Karan, CIT DR
Section 131Section 132Section 133ASection 153ASection 153A(1)(b)Section 153CSection 263

…essed in various other judgments of Hon‟ble courts, few of them is cited hereunder: CIT v.s Steller Investment Ltd (251 ITR 263) (SC) Achal Investment Ltd vs CIT (268 ITR 211) (Del) DCIT.vs Esteem Towers (P) Ltd. (99 TTJ 472) (Del) CIT vs Dolphin Canpack Ltd (204 CTR 50) (Del) CIT vs Giocom Impex (P) Ltd. (205 CTR 571) (Del) CIT vs Gangaur Investment Ltd. (335 ITR 359) (Del) CIT vs Dwarkadhish Investment (P)Ltd. (330 ITR 298)(Del) CIT vs Gangeshwari Metal Pvt. Ltd. (2013) 361 ITR 10 (Del) CIT vs Expo Global India Ltd. (2014) 361 ITR 147 (Del) Sir, as regards the credit worthiness, it is submitted that appellant h…

Ltd vs CIT (268 ITR211) (Del) 9. DCIT v. Esteem Towers (P) Ltd. (99 TIJ 472) (Del) 10.CIT vs Dolphin Canpack Ltd. (204 CTR 50) — Cited in 12 Judgments | BharatTax