CASIO INDIA COMPANY PRIVATE LTD. vs THE ASSISTANT COMMISSIONER OF INCOME-TAX 4 2 & ANR.

Judgment text excerpt

$~16 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 13171/2024 CASIO INDIA COMPANY PRIVATE LTD .....Petitioner Through: Mr. Kamal Sawhney with Mr. Nikhil Agarwal, Mr. Puru Medhira and Mr. Nishank Vashistha, Advocates. versus THE ASSISTANT COMMISSIONER OF INCOME-TAX 4 2 & ANR. ...Respondents Through: Mr. Sanjay Kumar, SSC with Ms. Monica Benjamin, Advocate. Date of decision: 21st February, 2025 CORAM: HON'BLE THE CHIEF JUSTICE HON'BLE MR. JUSTICE TUSHAR RAO GEDELA JUDGEMENT TUSHAR RAO GEDELA, J : (ORAL) 1. Present writ petition has been filed under Article 226 of the Constitution of India seeking a direction to the respondents to delete the outstanding demand for Assessment Year (AY) 2006-07 being reflected on the Income Tax portal of the petitioner; and to accept the returned position on the corporate tax issues for which no appeal effect order has been placed pursuant to the order of the Income Tax Appellate Tribunal (ITAT), and release consequential refunds alongwith statutory interest. 2. It is stated that the petitioner’s case was selected for scrutiny and an assessment order dated 28.09.2010 was passed by the Assessing Officer W.P.(C) 13171/2024 Signature Not Verified Page 1 of 3 Digitally Signed By:VINOD KUMAR Signing Date:24.02.2025 18:20:35 (hereafter the ‘AO’) under Section 143(3) of the Income Tax Act, 1961 (hereafter the ‘Act’) determining the total taxable income at Rs.2,00,30,820/- after proposing addition of Rs.1,81,58,947/-. Further, a demand of Rs.93,60,719/- was raised on the petitioner. Pursuant to the same, the petitioner vide challan dated 30.03.2011 deposited an amount of Rs.15,00,000/- under protest for the additional income as assessed by Income Tax Department for AY 2006-07. It is stated that thereafter, a demand of Rs.78,60,719/- was raised