Commissioner of Income Tax vs.gopal Das Estates & Housing pvt.ltd .

Decided On : Mar-20-2019

Court : Delhi

LAW: Section 260-A of the Income Tax Act, Section 260-A of the Income Tax Act, Page 11, Page 12 of 36 ii, Section 36, Section 10(2)(xv, Page 19, Section 24, Page 22, Page 28, Section 154, Section 199, Section 154.76, Section 154, Section 201(1A, Section 201, Section 194-I of the Act, Section 154, Section 154, Page 36

PERSON: Vibhooti Malhotra, Appellant Jr., M.S. Syali, Arta Trana, Gargi Sethee, JUSTICE S. MURALIDHAR JUSTICE SANJEEV NARULA, S. MURALIDHAR, J.SANJEEV NARULA, M.S. Syali, Arta Trana, Gargi Sethee, Vibhooti Malhotra, Vibhooti Malhotra, M.S. Syali, Arta Trana, Gargi Sethee, Vibhooti Malhotra, M.S. Syali, Arta Trana, Gargi Sethee, Vibhooti Malhotra, M.S. Syali, Arta Trana, Gargi Sethee, Vibhooti Malhotra, M.S. Syali, Arta Trana, Gargi Sethee, Vibhooti Malhotra, M.S. Syali, Arta Trana, Gargi Sethee, Vibhooti Malhotra, M.S. Syali, Arta Trana, Gargi Sethee, ITA552010, Vibhooti Malhotra, M.S. Syali, Arta Trana, Gargi Sethee, Appellant Page 3, Vibhooti Malhotra, M.S. Syali, Arta Trana, Gargi Sethee, Vibhooti Malhotra, M.S. Syali, Arta Trana, Gargi Sethee, Vibhooti Malhotra, M.S. Syali, Arta Trana, Gargi Sethee, JUSTICE S. MURALIDHAR JUSTICE SANJEEV NARULA ITA2102003 & connected, S. Muralidhar, Gopal Das, Bhawan, Bhawan Project, M.S. Syali, Vibhooti Malhotra, Bhawan Project, para 8.4, Para 11.3, Malhotra, Syali, Patiala, gains.‟ Under, Page, Sarda Binding Works, ITA210of, Rs.2,09,40,492, Chagan Das, ITA No.69, Malhotra, Malhotra, Syali, Malhotra, Radhasoami Satsang Saomi Bagh v. Commissioner, ITA Nos, Rs.9 Cr., Gopal Das Bhawan, MoU, income.75, ITA210of, S. MURALIDHAR, J.SANJEEV NARULA

ORG: GOPAL DAS ESTATES & HOUSING PVT.LTD, the Income Tax Appellate Tribunal, ITA No.5531/, Court, Court, GOPAL DAS ESTATES & HOUSING PVT.LTD, Jr. Standing Counsel, Jr. Standing Counsel, GOPAL DAS ESTATES & HOUSING PVT.LTD ......, Jr. Standing Counsel, Page 1, GOPAL DAS ESTATES & HOUSING PVT.LTD ......, Jr. Standing Counsel, GOPAL DAS ESTATES & HOUSING PVT.LTD ......, Jr. Standing Counsel, GOPAL DAS ESTATES & HOUSING PVT.LTD ......, Jr. Standing, Page 2, GOPAL DAS ESTATES & HOUSING PVT.LTD ....., Jr. Standing Counsel, GOPAL DAS ESTATES & HOUSING PVT.LTD ......, Jr. Standing Counsel, GOPAL DAS ESTATES & HOUSING PVT.LTD ......, INCOME TAX, Jr. Standing Counsel, GOPAL DAS ESTATES & HOUSING PVT.LTD ......, Jr. Standing Counsel, GOPAL DAS ESTATES & HOUSING PVT.LTD ......, Jr. Standing Counsel, GOPAL DAS ESTATES & HOUSING PVT.LTD ......, Page 4, Connaught Place, the Completed Contract Method, the Percentage Completion Method, CCM, the Accounting Standard, the Institute of Chartered Accountants, the New Delhi Municipal Council, Page 5, the Lower Ground Floor, the AO4 The Assessing Officer, Page 6, AO, AO, AO, Page 7 of, Income Tax Appeals, CIT, P&L, AO, AO, the Income Tax Appellate Tribunal, ITA, ITAT, compensation‟, Page 10 of 36, AO, ITA, Court, the Income Tax Appellate Tribunal, Court, ITA2102003 &, Analysis, AO, CCM, PCM, ICAI, CCM, PCM, CCM, ITA2102003 &, CCM, PCM, CCM, CCM, CCM, the ITA2102003 & connected, Page 13, AO, AO, LGF, NDMC, ITA2102003 & connected, Page 14, NDMC, LGF, cost‟, ITA2102003 & connected, Page 15, trade.‟, Court, Shahzada Nand & Sons, the Supreme Court, ITA2102003 &, Page 16, Income Tax, U.P., Nainital Bank Ltd., Bank, the Indian Income Tax Act, jewellery, the Supreme Court, business‟, Business- Before, the Supreme Court, Meenakshi Mills Ltd., the Madras High Court, CIT, CIT, Mangal Tirth Estates Ltd., CCM, ITA2102003 &, AO, CCM, Court, Court, Court, ITA2102003 &, IHP, AO, business.‟ During AY199596, Act.43, AO, CIT, the Supreme Court, IHP, Page 21, IHP, Court, ITAT, ITA, Court, Court, Revenue‟s, Court, Court, Court, ITAT‟s, Court, IHP, Court, IHP, Court, Ansal Housing Finance Company Ltd., Chennai Properties and Investments Ltd., CIT, Court, Appellant Assessee company ITA2102003 &, AO, ITAT, The High Court, The Supreme Court, Karanpura Development Co. Ltd., Income Tax, the Supreme Court, Business‟, ITA2102003 & connected, Page 24, Court, the Supreme Court, Parashuram Pottery Works Ltd., Income Tax Officer, Income Tax, CIT, Excel Industries Ltd., Tribunal, the Bombay High Court, Court, IHP, ITA2102003 &, Page 25, Brokerage and Commission, P&L, AO, Assessee‟s, AO, AO, AO, Revenue, ITA No.69, Court, Court, Court, ITA2102003 &, Page 26, Revenue‟s, Court, Court, Bank of Korea, the Korea Development Bank, AO, AO, Page 27, AO, Court, AO, Bank, CC, IndusInd Bank Ltd., Citi Bank, AO, IndusInd Bank, Citi Bank, AO, Sections 36, CC, CC, the Ardee City Project, Page 29, Assessee‟s, SA Builders v. CIT, Hero Cycles v., the Bombay High Court, CIT, Lokhandwala Constructions Industries Ltd., CIT, Bombay Samachar Ltd., Court, Theatre, CIT, CIT, Gautam Motors, ITA2102003 & connected, Page, CCM, TDS, TDS, TDS, Rs.1,07,20,754, TDS, AO, TDS, CIT, AO, TDS, TDS, TDS, Court, AO, TDS, TDS, Court, Court, ITA2102003 &, Page 32, TDS, AO, CIT, TDS, CIT, TDS, the Ardee City Project, AO, CCM, Page 33, CIT, ICAI, ITATT, CIT, CIT, Mangal Tirth Estates Ltd., Tribunal, ITA2102003 & connected, Page 34, Court, CCM, TDS, Page 35

CARDINAL: 1, 02.2, 36, 36, 36, 11, 1, 10, 2, 17, 7, 3, 36, 36, 7, 8, one, 11, 13, 14, 36, 16, 17, two, 18, 19, 20, 8.4, 21, 10, 36, One, 24, 25, 36, 28, 108, 30, 36, 1, 62, 17, 36, two, 33, 1, 11, two, 18, 36, 102, 303, 36, 20, 36, 1/5th, 354, 51.1, 373, 23, 51.2, 51.3, 44, 51.4, 36, 106, 193, 13, 36, 36, 581, 548, 742, 400, 36, 63, 65, Rs.2, 5, only 1, 1, 36, 2, 379, 260, 74, 225, 334, 30, 36, two, 2005).73, 24,65,761, 31, 36, 52,92,346, 36, 1A, 1A, 36, 41, 41, one, one, one, 36, 86, 87, 36

DATE: 1961, 22nd May 2009, 13th May 2010, the earlier assessment years, today, 2019, November, 2018, March, 2019 +, 1961, 1983, 2002, 2016, 1994-95, 1995-96, December 1997, 15th December 1997, a number of years, 36, 30th October, 1998, 36 12, 28th February 2002, 2003, 12th October 2004, 1996-97, 1999-2000, 2001-02, 2008-09, 2009-10, all the remaining years, December 1983, 2002, April 2003, AS7as, December 1983, 1977, the 19th century, 1966, 1922, 32, 34, 1939, 35, the year, the year, the year, ITA210of 2003, 2003, 27th March 1998, 15th December 1997, October 1998, 36, 45, 28th February 2002, 8th January 2004, 2005, 10th October 2007, 2003, 8th January 2004, 10th October 2007, 1995-96, 1997-98, 36, 2010, 3rd January 2011, 2013, 2015, 36, 1977, 1992, 2014, several assessment years, years, 2010, 54, 28th February 2002, 2003, 8th January 2004, ITA772of 2005, 8th January 2004, 2010, 3rd January 2011, 2000, 2001-02, 2002-03, 2003, 2010, 2010, 2008, 2009, the above years except AY199697, 2010, 60, 2010, 36, 1992-93, 1993-94, 1994-95, the relevant year, the earlier years, 1995, 17th March 2005, 2007, 2015, 2003, 1969, 1997, 2011, 1995-96, 2005, 1996-97, 80, 84, future years, the year, 1995-96, 1996-97, 2001-02, 2003, 36, two years, 1995-96, 1996-97, 2003, 2019

EVENT: the Assessment Year, the Financial Year, Assessment Year

GPE: Assessee, Assessee, Assessee, Assessee, New Delhi, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Kanga, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Haryana, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee

ORDINAL: first, 5th, first, second, 30th, first

PRODUCT: AY199596, Appellant, Page 8 of 36, AY199596, Page 9, AY199798, AY199596, Para 7.1, Para 8.1, Para 8.7, Para 11.2, AY199596, AY199596, ITA69of 2003, AY199798, AY199596, AY199798, AY199596, AY199596, AY199798, ITA69of 2003.58, AY199798, AY199596, AY199798

NORP: ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, business.‟, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, Revenue.83, ITAT, ITAT, ITAT

WORK_OF_ART: Accounting for Construction Contracts, Interest under Section 201

PERCENT: 50%

QUANTITY: 105 acres, more than 20 acres, 100 acres, 100 acres, 288 ITR1(SC

FAC: MoU, Gopal Das Bhawan