Delhi HC orders Income Tax department to grant hearing to Ester Industries Ltd [Read Order]

Division bench of the Delhi High Court validates Ester Industries Ltd's claim regarding short-term capital loss
By Amal Michael - On December 26, 2023 1:37 pm - 2 mins read
Delhi High Court - Income Tax department - Ester Industries Ltd - Capital loss claim - Court decision on tax correction - Assessee rights - taxscan

The Delhi High Court directed the Income Tax department to grant hearing to Ester industries in a case related to claim of capital loss. The Court directed the Income Tax department to correct its mistake in taking action in favor of the assessee in accordance with section 154 of the Income Tax Act. The assessee…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader