MICHAEL AND SUSAN DELL FOUNDATION vs ASSISTANT/ DEPUTY COMMISSIONER OF INCOME TAX CIRCLE INTERNATIONAL TAXATION 2(2)(1) NEW & ANR.

Judgment text excerpt

$~90 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of Decision : 29.10.2025 + W.P.(C) 16385/2025 MICHAEL AND SUSAN DELL FOUNDATION .....Petitioner Through: Mr. Ajay Vohra, Sr. Adv, Mr. Aniket D. Agrawal, Mr. Samarth Chaudhari, Advs. versus ASSISTANT/ DEPUTY COMMISSIONER OF INCOME TAX CIRCLE INTERNATIONAL TAXATION 2(2)(1) NEW & ANR. .....Respondents Through: Mr. Gaurav Gupta, SSC, Mr. Shivendra Singh, JSC, Mr. Yojit Pareek, JSC & Mr. Surya Jindal, Advs. CORAM: HON'BLE MR. JUSTICE V. KAMESWAR RAO HON'BLE MR. JUSTICE VINOD KUMAR V. KAMESWAR RAO, J. (ORAL) CM APPL. 67150/2025(Exemption) 1. Exemption is allowed subject to all just exceptions. 2. The Application stands disposed of. W.P.(C) 16385/2025 & CM APPL. 67149/2025 3. This petition has been filed with the following prayers: Signature Not Verified Signed By:PRADEEP W.P.(C) 16385/2025 Page 1 of 4 SHARMA Signing Date:31.10.2025 13:02:38 “(I) Issue a writ in the nature of certiorari/ mandamus or any other appropriate writ, order or direction for quashing: (a) show-cause notice dated 31.03.2025 issued by Respondent No.1 under section 148A(1) of the Income Tax Act, 1961 (’the Act’); (b) order dated 29.06.2025 passed by Respondent No.1 under section 148A(3) of the Act with prior approval of Respondent No.2; (c) reassessment notice dated 29.06.2025 issued by Respondent No.1 under section 148 of the Act; in the case of the Petitioner for assessment year 2019-20, and all proceedings/ actions consequent thereto; (II) stay effect and operation of impugned reassessment notice dated 29.06.2025 issued by Respondent No.1 and all consequential proceedings undertaken thereafter in the case of the Petitioner for the assessment year 2019-20, during pendency of the present petition; (III) grant ad-interim ex-parte relief in terms of pra