DCIT Central Circle-17 Delhi vs. Havells India Ltd.
Case No: ITA No.4740/Del/2025
Court: Income Tax Appellate Tribunal, Delhi Bench
Bench: Delhi Bench
Date: 2/3/2026
Parties Involved
appellantDCIT Central Circle-17 Delhi
respondentHavells India Ltd.
Facts Summary
This appeal is filed by the Revenue against the order of the Ld. Commissioner of Income Tax (Appeals), Delhi-44 dated 07.04.2025 for the A.Y. 2010-11 arising out of final assessment order dated 26.05.2024 passed u/s.143(3) r.w.s. 144C (1) of the Act.…
Decision in favour of
Assessee
Legal Issues
- 1. Adjustment towards corporate guarantee
- 2. Rate of adjustment for corporate guarantee
5 more legal issues analysed in this judgement.
Precedents Relied Upon
12 precedents cited in this judgement.