Nirmal Udyog Co. Vs. Assistant Commissioner of Income

Decided On : Jul-24-1997

Court : Income Tax Appellate Tribunal ITAT Mumbai

LAW: the Disclosure Scheme, the IT Act, the IT Act, the IT Act, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the IT Act/s. 17 of the WT Act, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the IT Act, Indian IT Act, Indian IT Act, the Indian IT Act, Indian IT Act, the Indian IT Act, Circular, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the WT Act, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the WT Act, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, Range 26, Range 26, Range 26

CARDINAL: 1, 20, 20, 4 individuals-(1, 2, 3, 4, one, 4, 5(b, 2, one, one, 18B, 1, 2., 3., 4., 5, 6, 5, 67,27,966, 8, 9, 78,182, 10, 67,27,966 + Rs, 78,182, 11, 1,56,000, 12, 1,55,000, 13, 14, two, 3,15,000Shree, 3,50,000, 6,65,000, 6,65,000, 33,01,521, 6, 33,01,521, 8), 15, 16, 2, 18, 19, 20, 26, 1, 20, 423, 432, 439, 440, 441, 451, 472, 475, 1961.4, 178, 151, 42, one, 3, 5, one, 3, 5, 16, 16, 4, 1, 2, 3, 4, 4, three, 3, 5(b, 3, 4, 5(a, three, 451, one, 3, 451, 1, 30, 451, 19, 12, 30, 1, 19, 21, twenty one, 147, 21, 87.6, 4, 16, 12, four, 4, three, only 17, 2,29,92,455, 3, 21,41,400, 21,41,400, 20, only 4, 16, 147, 43, 268, 41, 42, 46, 39, 54, 397, 54, 52, 514, 211, 210, 4, 20, 12, 30, 451, 1, 2, 49, 3, 49, 491, 49, 132, 132, 1, 37, 1, 131, 4, 22, 1, 142, 1A, 1, 1, 120, 4, 4A, 5, 132A and, 1, 1A, one hundred and twenty days, 1, 6, 5, 5, 13, 2, 1, 132, 132, 128, 132, 132(1)(iia, 1, 131, 4, 18, 132, 16, 4, 16, 20, 451, 1986.Q. 2, 3, 423, 441, 4, 11, 13, 1, 3, 4, 5, 6, 7, 30, 11, 30, 12, 4, 3, 4, 4, 20, 20, 20, 487, 56, 82, 170, one, 41, 14, 271(1)(c, 451, 18, five, 2,600, two, two, 154, 154, 154, 154, 451, 19, 451, 19, 154, two, 154, 154, 20, 271(1)(a, 273(1)(b, 127, 185, 16, 4, 133, 148, 273A, 451, 2,25,000, 25,000, 5/6th, 2,25,000, 1/6th, 2,25,000, 2,25,000, 2,50,000, 2,50,000, 1/6th, 2,25,000, 2,50,000, 1/6th, 2,50,000, 211, 49, 491, 49, 306, 12, five, 97, twenty, 1,00,000, 10,000, five, 1,00,000, 35,000, 96,000, 30,000, 60,539, 10, 10, 271(1)(c, 4, 2 to 6, 2, 5,63,910, 20, 30, 52, 3, 131, twenty two, 7, 65,000, 11, 5,60,000, 59,938, 5,60,000, 4, 218, 218, 253, only 24, 24, 10, 14, 5, 131, 60, 6, 11.5, 2,85,000, six, 38,047, 26,10,123, 1,77,212, 25,000, 271(1)(c, 10, 5,63,910, 7, 11.5, 668, 46, 271(1)(c, 13, 3, 5, 7, 4, 6, 86, 557, 176, 189, 115, 11 to 15, 6, 26(1, 88.42, 4, 88.42, 14.70, 49, 69.46, 49, 69.46, 69.42, 14.70, 81.07, 80.53, 54,000, 54,000, 5, 26, 1, 10.53, 10.53, 7, 7.28, 6.11, 3, three, 1,99, 1.90, 17.28, 4.77, 17.28, 2.74, 20.02, 10.53, 20.02, 10.53, 9.49, 9.49, 9.49, 20.02, 4, 10, 1.80, 11, 3, 26(1, 19, 11, two, 4

ORG: Jhunjhunwala Group, Giri Kunj Paliram Road, Boston Diary', Panchnama, AO, jewellery, ADI, CIT, Amnesty Scheme, CIT City VIII, Rukmani Chemicals, xerox, xerox, xerox, K.F., B/S, Shakti Housing &amp, Development Corpn., Shakti Housing &amp, Development Corpn., CIT, Rani Sati Sevashram, pp., J. group, the Department, Group, CIT, CIT, Para III(ii, Asstt, CIT, Asstt, CIT, CIT, Asstt, CIT, Tribunal, Tribunal, Tribunal, Departmental Representative, Departmental, Jaikishan Gopikishan &, Sons, CIT, ITR, CIT, Cellulose Products of India Ltd., CIT, Scindia Steam Navigation Co. Ltd., SC, Asstt, CIT, CIT, Departmental Representative, Asstt, CIT, the Departmental Representative, Tribunal, Jaikishan Gopikishan &, Sons, the Hon'ble Madhya Pradesh High Court, CBDT, the IT Department, the High Court, Court, CBDT, the IT Department, the High Court, Court, Tribunal, Amnesty Scheme, Amnesty Scheme, jewellery, the IT Department, jewellery, jewellery, the Amnesty Scheme, CBDT, CIT, ITO, Department, ITO, Department, ITO, Department, Jhunjhunwala &amp, Co., Sree Shakti Housing Development, Department, Department, Department, Amnesty Scheme, Department, the Amnesty Scheme, the Amnesty Scheme, Department, Scindia Steam Navigation Co. Ltd.'s, Jaikishan Gopikishan &, Sons, ITO, TTJ, ITD 212 (Ahd, Uttamchand Bhutani &amp, Co., ITO, ITD 404, ITO, ITD 90, Asstt, CIT, ITD 454, Asstt, CIT, TTJ, Asstt, CIT, Prakash Oil Industries &, Ginning Factory, TTJ, CIT, Union of India, Departmental Representative, Amnesty Scheme, Departmental Representative, Amnesty Scheme, Asstt, CIT, Tribhovandas Bhimji Zhaveri &, Sons, Asstt, CIT, Dalamal &, Sons Investment Co., ITD 80, Asstt, CIT, Ilaxi Textiles Industries, TTJ, ITD 330, CIT, CIT, Board, CIT, CIT, Asstt, Asstt, CIT, ITO, CIT, Asstt, Asstt, CIT, ITO, CIT, CIT, CIT, Board, CIT, AO, AO, AO, CIT, ITR, HUF, Departmental Representative, Departmental Representative, Board, the WTO Ans, WTO, CIT, CIT, ITO, Department, ITO, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the "Boston Diary, the Departmental Representative's, CIT, Amnesty Scheme, Jaikishan Gopikishan &, the Department (See, apex Court, AAC, SC, Ellerman Lines Ltd., CIT, SC, High Courts, CIT, Punalur Paper Mills Ltd., the apex Court, High Courts, Department, Department, the High Court, Court, CBDT, Department, the Kerala High Court, CBDT, ITO, VC, AL, Amnesty Scheme, the Amnesty Scheme, ITO, VC, Tribunal, WTO, ITD 406, WTO, WTO, Department, Tribunal, Amnesty Scheme, Bhutani &amp, Co., the ST Department, the ST Department, Tribunal, the Amnesty Scheme, Amnesty Scheme, Tribunal, AO, AO, Tribunal, AO, Tribunal, Department, Department, AKT, Calcutta, AKSC, HUF, RT with State Bank, the Oriental Bank of Commerce, AKT, Board, AKSC, AKT, Department, Amnesty Scheme, CIT, the High Court, Court, Amnesty Scheme, Court, Department, Calcutta, Department, CBDT, Q. No., Department, Board, Department, AO, CIT, AO, Tribunal, the Andhra Pradesh High Court, Seetha Mahalakshmi Rice &amp, Groundnut Oil Mill Contractors Co., CIT, AP, ITO, CIT, Tribunal, the Amnesty Scheme, ITO, Amnesty Scheme, Amnesty Scheme, ITO, ITO, ITO, Prakash Oil Industries &, Ginning Factory's, Amnesty Scheme, Amnesty Scheme, Department, Department, the Amnesty Scheme, the Amnesty Scheme, Amnesty Scheme, CIT, Ilexi Textile Industries, TTJ, ITD 330 (Ahd, the Amnesty Scheme, ITO, AO, CIT, Tribunal, ITO ITA No, AO, AO, The Hon'ble Tribunal, Tribunal, Tribunal, Sons Investment Co.'s, Amnesty Scheme, Department, Amnesty Scheme, Department, Ilexi Textile Industries', Tribunal, Tribhovandas Bhimji Jhaveri &amp, Sons, Tribunal, CIT, Department, the Settlement Commission, Department, AO, AO, HUF, Amnesty Scheme, AO, GIR, AO, AO, AO, AO, jewellery, DMH Advocate, AO, Amnesty Scheme, AO, Tribunal, Tribunal, AO, AO, the Tribunal Bombay Bench, B. Tax Corpn, ITO, TTJ, TM, ITD 61, the Amnesty Scheme, the Amnesty Scheme, Asstt, CIT, CIT, ITO, AAC, Department, Tribunal, Tribunal, CIT, CIT, SC, ITO, CIT, CIT, Departmental Representative, CIT, CIT Bombay, CIT, Department, CIT, Asstt, CIT, Departmental Representative, Board, CIT, Tribunal, AO, CIT, CIT, CIT, Tribunal, CIT, CIT, Asstt, CIT, Asstt, CIT, Asstt, CIT, Asstt, CIT, Asstt, CIT, Asstt, CIT, Asstt, CIT, Jhunjhunwala &amp, Co., Fatechand Paliram &, Sons, Asstt, CIT, Asstt, CIT, Asstt, CIT, CIT Bombay, CIT, VIII, Bombay Sub :- Report, Jhunjhunwala Group, Asstt, CIT, Asstt, CIT B.C. VIII, CIT, Asstt, CIT, CIT, CIT, Tribunal, AO, CIT, CIT, CIT, CIT, the CIT City VIII, CIT, Asstt, CIT, Asstt, CIT, CIT, Asstt, CIT, CIT, CIT, Asstt, CIT, CIT, CIT, Asstt, CIT, Board, CIT, Asstt, CIT, AO, CIT, Asstt, CIT, Board, Asstt, CIT, CIT, CIT, Asstt, CIT, CIT, Asstt, CIT, CIT, Tribunal, Tribunal, CIT, Asstt, CIT, Tribunal, CIT

GPE: Nirmal, Nirmal P. Jhunjhunwala, Purshottamdas Jhunjhunwala, Bombay City, Bombay, Bombay, Bombay, asst, Jhunjhunwala, asst, asst, assessee, yrs.1970, assessee, assessee, assessee, assessee, assessee, Nirmal, Nirmal P. Jhunjhunwala, Purshottam F. Jhunjhunwala, Nirmal P. Jhunjhunwala, asst, asst, asst, Nirmal P. Jhunjhunwala, assessee, assessee, assessee, Nirmal P. Jhunjhunwala, AL, AL, RT, Karta, RT, assessee, assessee, assessee, assessee, Pannalal, assessee, assessee, Assessee, Bombay, asst, Vajubhai, assessee, assessee, assessee, Bombay, Bombay, pp, assessee, assessee, Jhunjhunwala, Purshottamdas F. Jhunjhunwala, Boston, Kishorilal, Bombay, Nirmal, Purshottamdas Jhunjhunwala, Bombay, CIT, Bombay, D.C., Bombay, Nirmal P. Jhunjhunwala, Nirmal P. Jhunjhunwala, Bombay, Nirmal, Bombay, Bombay, Bombay, assessee

DATE: 19th August, 1986, 22nd August, 1986, 28th August, 1986, November, 1986, 1986, years, 1970-71, 27th January, 1987, 1957, 22nd August, 1986, the 2nd and 3rd week of November, 1986, 22nd August, 1986, 22nd August, 1986, the previous years, 1970-71, the previous years, 1970-71, the previous years, 1970-71, 22nd August, 1986, 1987, before 15th March, 1987, under s. 132(5, under s. 132(A, 1985-86, 1986-87, 3rd March, 1987, March, 1990, November, 1991, 20th April, 1995, 3rd March, 1987, 1989, 1985, 1961, 31st March, 1987, 3rd March, 1987, 17th February, 1986, the relevant years, 7, 19, 12, the past years, those years, various years, the relevant years, 31st March, 1986, 1986-87, those years, 1985-86, 1986-87, 1986-87, 1987-88, 1986-87, 1987-88, 1970-71, years, 1970-71, 19, 30, 27th January, 1987, 1992, 1992, 1992, 1993, 1991, 1996, 1995, 1995, 1995, 1994, 7351, 1989, 8th August, 1996, 1994, 1994, 1994, 1922, 1922, 1922, 11 of 1922, 1922, 11 of 1922, 1922, 11 of 1922, 132B, 1973, 1A).10, 1981, 17th February, years, those years, an earlier assessment year, the relevant year, the year, years, 1986-87, 1986-87, 1986-87, 1965, 1971, 1988, 37, the day, 23rd September, 1986, September, 1986, one week, 1985-86, 31st March, 1987, 1985-86, 1987-88, 31st March, 1987, 23rd February, 1988, 1985-86, 1985-86, 1992, 1976-77, under s. 17, all the assessment years, 1986, 1977-78, 21st July, 1977, 1986, 17th February, 1986, 1985, all these years, 7th March, 1986, 26th March, 1986, 31st March, 1986, 1981-82, 1985-86, 7th March, 1986, 1982-83, 1985-86, November, 1988, February, 1989, November, 1988, November, 1988, 23rd February, 1989, 31st March, 1989, 1st January, 1990, 1st January, 1990, February, 1989, 1st January, 1990, 7th March, 1986, 27th March, 1986, 31st March, 1986, 31st March, 1986, 17th February, 1986, a few days, 23rd March, 1989, 1st January, 1990, 1983-84, 1986-87, 25th February, 1987, years, 6th March, 1987, 1981, 1990, September, 1979, 1975-76, 1979-80, 30th March, 1986, 17th February, 1986, six years, two years -, 2,25,000 + Rs, almost two years, almost two years, 1995, 1994, 1994, about two years, 1982-83, 1983-84, 1984-85, 1974, 1993, September, 1994, 13,93,254, 1982-83, 1982-83, 1983-84, 1982-83, 15th June, 1982, 21st September, 1982, 27th January, 1983, 1979-80, September, 1984, 31st October, 1983, 1979-80, 1983-84, all the years, 1982-83, 1982-83, 17th December, 1985, 31st March, 1986, 15th January, 1987, February, 1982, the year, earlier years, 31st March, 1986, 16th January, 1987, 22nd January, 1987, November, 1982, 15th May, 1981, 25th March, 1987, the next day, 26th March, 1987, 30th March, 1987, earlier years, earlier years, 15th June, 1982, 31st March, 1986, 30th March, 1987, the year 1986, 30th March, 1987, 30th March, 1987, 1993, 46, 1993, 1986-87, 1972, 1989, 1991, 1978, 20th March, 1989, March, 1989, March, 1988, 20th March, 1989, 6th March, 1989, 16th March, 1989, 6th March, 1989, 16th March, 1989, the accounting year 1984-85, 1987-88, 16th March, 1989, 1987-88, the remaining years, 6th March, 1989, 20th March, 1989, March, 1989, 20th March, 1989, 16th March, 1989, March, 1989, March, 1989, 20th March, 1989, February, 1991, November, 1991, 1972-73, 6th March, 1989, 16th March, 1989, para 5, the remaining years

PERSON: Purshottamdas F. Jhunjhunwala, F. Jhunjhunwala, Niranjan P. Jhunjhunwala, Kishorilal F. Jhunjhunwala, Kishorilal Jhunjhunwala, Niranjan P. Jhunjhunwala, Jhunjhunwala, Purshottamdas F. Jhunjhunwala, Miscellaneous, P. F. Jhunjhunwala, P. F. Jhunjhunwala, B.C. III Bombay, Shankar Sevashram, Jhunjhunwala, Jhunjhunwala, 47,50,000 - Rs, Circular Nos, Addl, Addl, Purshottam F. Jhunjhunwala, Kishorilal R. Jhunjhunwala, Niranjan P. Jhunjhunwala, Kishorilal R. Jhunjhunwala, Niranjan P. Jhunjhunwala, Nirmal P. Jhunjhunwala, Panchnamas, Kishorilal R. Jhunjhunwala, Niranjan P. Jhunjhunwala, Nos, Q.7, Kishorilal Jhunjhunwala, Niranjan Jhunjhunwala, Nos, Purshottam Jhunjhunwala, Kishorilal Jhunjhunwala, Niranjan Jhunjhunwala, Shama Raising Chandel, Ram Nihara Thakur, Pat, P. M. Celine, Coch, Manorajyam, Coch, Coch, Kumar Saraf, Dry Cleaners, ITA Nos, almirah, Joginder Singh, Addl, Son, Lal C. Javeri, K. K. Sen, Amnesty Scheme, Nandkumar Pd, Shah, Pat, suo motu, Ram Nihora Thakur's, Anandkumar Saraf's, Surat, Surat, P. M. Celine's, A. V. Joy, Alukkas Jewellery, Dry Cleaners, suo motu, Kumar Saraf, Lata Mangeshkar, R. Shivhare, Mohd, Shafi Tailor, under s. 80C, Manorajyam, K.B. Shah, Rameshchand, Nos, Rekha Ganeshan, Addl, Rekha Ganeshan, Rekha Ganeshan.(iv, Rekha Ganeshan, D. M. Manasvi, Sheo Narain Jaiswal, Pat, Daj Bhai Kanji Bhai, Panchanam Hati, A.C. Cir, Fatechand Jhunjhunwala, Cir, Kishorilal F. Jhunjhunwala, Niranjan P. Jhunjhunwala, Purshottamdas Jhunjhunwala, K. F. Jhunjhunwala, Niranjan P. Jhunjhunwala, Nirmal P. Jhunjhunwala, CIT Cir, P. S. Hajela, S. Halder, M. Madhavan

ORDINAL: 7th, 1st, first, 5th, 26th, First, first, first, first, firstly, first, first, First, first, 11th, 11th, 11th, third, 14th, 3rd, 9th, first, second, Third, ninth, first, 7th, 7th, 26th, Firstly, Secondly, 1st, Thirdly, Fourthly

EVENT: WT Act

WORK_OF_ART: P.F., Search and Seizure, Amnesty Scheme - Applicability - Loose, 10.1 Now

FAC: the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme, the Amnesty Scheme

NORP: jewellery, jewellery, jewellery, jewellery, Purshottamdas

PRODUCT: Circular, ITD 116, 230A, Circular, asst, VC, Prima, 273A, CA

MONEY: 10 per cent, 25 per cent, 25 per cent, 50 per cent, 50 per cent, only 25 per cent, only 32 per cent, 50 per cent, 50 per cent

TIME: 9 p.m.