The Supreme Court dismissed the Income Tax Department’s appeal due to delay, upholding the Delhi High Court order quashing reassessment proceedings against NDTV’s holding company RRPR Holdings. The ruling reinforces that reassessment cannot continue when the main tax claim itself has already been rejected in appellate proceedings.
Today (27th March): The Delhi High Court dismissed four new petitions by the Indian National Congress challenging Income Tax reassessment procedures. This follows earlier dismissals concerning different assessment years. The Court noted substantial evidence for further scrutiny of the party’s income. The Congress has faced multiple legal setbacks in tax-related proceedings.
Today(on 19th March),The Indian National Congress has filed a case against the Income Tax reassessment in Delhi High Court. The court, led by Acting Chief Justice Manmohan, has agreed to expedite the hearing, emphasizing the case’s significance. This comes after the Income Tax Appellate Tribunal’s decision against Congress. The court scheduled the hearing for March 20th.
