Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

LG Electronics India Private Limited Versus Pr. Commissioner of Income Tax & Others

2017 (8) TMI 488 - DELHI HIGH COURT

Stay of the demand - Levying a penalty under Section 271(1)(c) - Held that:- Petitioner, has produced before this Court a copy of OM dated 31st July, 2017 which modifies the earlier OM, dated 29th February, 2016, issued by the Central Board of Direct .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

garding the order passed by the AO. The impugned order in short is without reasons and is therefore unsustainable in law. - For the above reasons, the impugned order is set aside and a direction is issued that the Petitioner’s application will on .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

he date of receipt of this order. - The CIT (A) shall also consider the request of the Petitioner for an expeditious disposal of the appeal. - W. P. (C) No. 6778/2017 - Dated:- 8-8-2017 - S. Muralidhar And Prathiba M. Singh, JJ. For the Petitione .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

accepts notice on behalf of the Respondents. 3. The challenge in this petition is to the order dated 2nd August, 2017 passed by the Principal Commissioner of Income Tax ( PCIT ) by which the Petitioner was directed to pay 20% of the tax demand of &# .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

e order dated 30th June, 2017 passed by the Assistant Commissioner of Income Tax-Circle 15(1) (hereafter Assessing Officer - AO), levying a penalty under Section 271 (1) (c) of the Income Tax Act, 1961 ( Act ). By the said order the AO raised a deman .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

filed an application under Section 220(6) of the Act seeking stay of the recovery proceedings. In the said application for stay, the Assessing Officer ( AO ) directed the Petitioner, by order dated 20th July 2017, to deposit 15% of the total tax dem .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

2017, the Petitioner went before the PCIT who, by the impugned order dated 2nd August, 2017, disposed of the application of the Petitioner by the following order sheet entry. Present Sh. Vishal Rastogi, AGM of LG requested to make payment of 20% of t .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

dated 29th February, 2016, issued by the Central Board of Direct Taxes ( CBDT ), stating that standard rate for grant of stay had been revised from 15% to 20% of the disputed demand. 7. The impugned order clearly makes no reference to the central is .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version