The Income Tax Appellate Tribunal annulled a reassessment order against Lalit Kumar Modi for AY 2010–11 that had raised his taxable income from Rs 54.81 lakh to Rs 20.12 crore, citing unexplained credit card spending, private jet lease and fuel costs, and Golden Wings liabilities.
The Bombay High Court allowed videography of GST summons proceedings and permitted legal counsel to remain present at a visible but non-audible distance during questioning, reinforcing procedural safeguards in tax investigations while hearing a writ petition under Article 226.
The Delhi High Court dismissed a petition demanding an income tax investigation against in-laws over a Rs 2 crore dowry allegation, stating it was beyond the tax department’s jurisdiction. The court ruled that such family disputes should be resolved through proper legal channels.
