Dolly Farms and Resort (P) Ltd. Vs. Deputy Commissioner of Income Tax

Decided On : Jul-14-2000

Court : Income Tax Appellate Tribunal ITAT Delhi

LAW: the IT Act, the IT Act, ITD 245, Chapter XIV-B, Chapter XIV-B, Chapter XIV-B. However, Chapter XIV-B of the Act.27, the IT Act, the IT Act, Chapter XIV-B., the IT Act, the IT Act, ITD 245, Chapter XIV-B, the IT Act, the IT Act, the IT Act, this Shri P. P. Gambhir, the IT Act, Chapter XIV-B, the IT Act, the IT Act

CARDINAL: 1, 1995.2, 1,34,87,700, 9, 151, 1, 1 to 11, 2, 13 to 22, 3, 25 to 29, 4, 33 to 41, 95, 121, 151, 3, 30, 98, 117, 120, 151, 4, 117 to 120, 30, 108, 30, 89, 96-97, 108, 108, 98, 151, 101 to, 104, two, four, 1, 459, 477, 2, 340, two, four, 1, 2, 3, 4, two, 1, 2, 3, 4, 4, 12, 18, 18(1, 2, 3, 1, 4, 3, 5, 6, 13, No.2, 35, 436, 4, 406, 14, 117, 120, 30, 96, 97, 98, 6, 1, 2, 16, 29, one, 8, AO.18, 15, 16, 17, 21, 22, 8, 158B, 59, 610, 63, 194, 2,31,000, 4,18,000, 6, 7, 9, 1,39,000, 4,18,000, 2,31,000, 26,000, 9, 2,79,000, 7, 13,500, 20,000, 14,500, 2,31,000, 1,15,000, 1,16,000, 90,000, 26,000, 4,18,000, 1,39,000, 2,31,000, 6, 8, 8, 11,400, 12,850, end.25, 6, 1,87,300, 95,000, 1,87,300, 1,87,300, 1,87,300, 6, 7, three, 20,000, 20,000, two, 7,23,550, 7, 1,07,100, 7, 9, 1,02,850, 1,450, 20,000, 90,000, 12,850, 2,78,750, 1,02,850, 2,79,000, 9, 8, 13,500 + Rs, 14,500, 2,31,000, two, 1,16,000, two, 90,000, 26,000, 26,000, 11,000, 2,79,000, 2,31,000, 2,79,000, 90,000, 4,18,000, 2,79,000, 1,87,300, 2,79,000, 15,30,000, 8,80,000, 1, 30, 34,500, 6,50,000 + 34,000, 6,84,000.31, 50, five, 50, 5915, 385963, 385974, 50,00,000, two, 20,00,000, one, 10,00,000, five, 10, 50,00,000, 32, 9,35,000, 92, 50,000, 2, 1,05,670, 58,333, 8, two, 4,00,000, 2,00,000, 251, 31, 3,75,000(b, 1, 19,86,700, 5, 8,37,830, 41, 1, 2, 2,31,000, 3, 15,30,000, 4, 50,00,000, 50,00,000, 5, 4,18,000, 6-8, 6, 9,35,000, 8,00,000, 2,00,000, 6,00,000, 8), 40,73,700, 9, 5,00,000, 10, two, 1, 2, 48, 1996.49, two, 11 and 12, 29, 1, 2, 3, 4, 5, 6, 8), 9, 10, 29, 1, one, 2, 3, 4, 10, two, two, 29, 151, 1, 1 to 11, 2, 13 to 22, 3, 25 to 29, 4, 33 to 41, 95, 121, 151, 30, 98, 59, 107 to 120, 30, 1995.61, 96, 97, 108, 108, 98, 151, 101 to, 104, 18, 18(1, 2, 3, 1, 4, 3, 5, 6, 66, 1, 459, 4, 67, 117, 120, 151, 6, 18, 1, 59, 610, 63, 194, 2B, 71, two, 2, 9, 1,15,000, 90,000, 26,000, 2,31,000, 1,15,000, 1,16,000, 90,000, 26,000, 2,31,000, 2,31,000, 26,000, 9, 2,79,000, 13,500, 20,000, 14,500, 2,31,000, 1,15,000, 1,16,000, 90,000, 26,000, 2,31,000, 2,31,000, 3, 15,30,000, 6,50,000, 1, 1 lac, 13, 6,50,000, 34,500, 15,30,000, 15,30,000, 4, 50, 50, 4, five, 10, 5915, 50, 5915, 10, 10, 10, 10, 385963, 10, 385974, 50, two, 20, one, 10, five, 10, 84, 50, 5, 4,18,000, 6 to 8, 6/8, 4,18,000, 1,39,000, 1,39,000, 14,500, 12,000, 50,000, 1,75,200, 8, 2,31,000, 1,28,500.From, 1,39,000, 4,18,000, 1,39,000, 4,18,000, 4,18,000, 1,39,000, 2,79,000, 1,87,000, 6, 9,35,000, 11,75,000, 2,40,000, three, two, 1,35,000, 50,000, 3, one, 9,35,000, 93, 10,50,000, 3, 7,50,000, 9,35,000, 8, 2, 6, 100, 8, 6, 8, 40,73,700, 7, 40,73,700, one, 10,000, 15,000, 30,000, 40,73,700, 106, 1, 19,86,700, 107

ORG: AO, Tribunal, AO, Departmental, Tribunal, AO, Dolly Farms &, Resorts (P) Ltd., Aggarwal Gases, CIT-Delhi-I, Rubina Leasing Ltd., CIT, CIT, CIT, CIT, CIT, CA, CIT, AO, AO, AO, AO, AO, M/s Aggarwal Gases, AO, CIT, CIT, M/s Rubina Leasing, AO, Statement of Account, Trikuta Leasing, P) Ltd., GIR, CIT, PAN/GIR, GIR, Tribunal, Judicial, Lordships of Supreme Court, Bharat Bank Ltd., Employees of Bharat Bank Ltd., Cooper, Tribunal, Bench, Bench, Tribunal, xerox, Tribunal, Tribunal, Court, Court, Lordships of Supreme Court, Bharat Bank Ltd., the High Court, Court, the Delhi Judicial Service Association, State of Gujarat, Lordships, pp., Department, Aggarwal Gases, Dolly Farms, CIT, Asstt, ADI, CIT, Jasleen Leasing, M/s Handloom Cottages &amp, M/s Goel Gases Ltd., Department, AO, CIT, CIT, CIT, CIT, Departmental Representative, AO, AO, ADI, AO, AO, AO, M/s Green Land Farms and M/s Rubina, AO, AO, Sec, Sunder Agencies, CIT, TTJ, Department, Reliance, the Tribunal on the case, Union of India, Sunder Agencies, Department, GS, GS, AO, Departmental Representative, pp., Dolphin Pools, Dolphin Pools, Vodka, Desu Bhatta, Seth Lamp House, GS, AO, AO, Jasleen Leasing, AO, AO, M/s Goel Gases, Canara Bank, PNB, PNB, PNB, PNB, PNB, M/s Aggarwal Gases, M/s Goel Gases Ltd., Canara Bank, Canara Bank, Canara Bank, N.D. 10,00,00016-7-1994, Canara Bank N.D., Punjab National Bank, GZB, U.P., M/s Aggarwal Gases, M/s Goel Gases Ltd., PNB Ghaziabad, Punjab National Bank, AO, Rubina Leasing Finance &, Credit Pvt, Handlooms House, Departmental Representative, AO, AO, AO, AO, AO, AO, AO, AO, AO, AO, AO, under.46, CIT, AO, CIT, CIT, CIT, CIT, M/s Agarwal Gases, CIT, CIT, CIT, CIT, CIT, CIT, CIT, CIT, Asstt, ADI, CIT, CA, Bench, Departmental Representative, appeal.53, M/s Sonika Creations, Jasleen Leasing, M/s Handloom Cottage, Jasleen Leasing, P) Ltd., M/s Goel Gases Ltd., CIT, the Tribunal Rules, Jasleen Leasing, M/s Dolly Farms &amp, Resorts (P) Ltd., M/s Handloom Cottage, M/s Dolly Farms &amp, Resorts (P) Ltd., C &, Jasleen Leasing, M/s Handloom Cottage or M/s Goel Gases Ltd., AO, AO, AO, CIT, Jasleen Leasing, P) Ltd., AO, Departmental, Tribunal, AO, Dolly Farms and Resorts, Aggarwal Gases, Departmental Representative, CA, AO, CIT, CIT, CIT, CIT, CIT, AO, AO, AO, AO, M/s Aggarwal Gases, CIT, CIT, M/s Rubina Leasing, AO, Trikuta Leasing, GIR, CIT, GIR, GIR, Departmental Representative, AO, AO, AO, Bench, the Tribunal (Court, AO, AO, Bench, Tribunal, Tribunal, Bench, Bench, Tribunal, Xerox, Tribunal, Tribunal, Court, Court, the Supreme Court, Bharat Bank Ltd., Employees of Bharat Bank Ltd., the High Court, Court, Hon'ble Supreme Court, Delhi Judicial Service Association, State of Gujarat, Lordships, pp., AO, AO, AO, AO, s. 158B, Reliance, Sunder Agencies, CIT, TTJ, Department, Reliance, Union of India, Sunder Agencies, CIT, Department, Notice, AO, M/s Dolly Farms and Resorts, AO, GS, AO, AO, GS, CIT, Departmental Representative, AO, AO, Jasleen Leasing, AO, Jasleen Leasing, AO, Bench, Departmental Representative, AO, AO, AO, AO, Punjab National Bank, M/s Goel Gases Ltd., Canara Bank, Punjab National Bank, GZB, M/s Dolly Farms Resorts, M/s Goel Gases, Canara Bank, PNB, PNB, PNB, PNB, PNB, M/s Aggarwal Gases, M/s Goel Gases Ltd., Canara Bank, Canara Bank, Canara Bank, Canara Bank, Canara Bank 10, PNB, UP, M/s Aggarwal Gases, M/s Goel Gases Ltd., PNB Ghaziabad, AO, AO, AO, AO, Post Office, AO, Departmental Representative, AO, AO, AO, Departmental Representative, AO, AO, AO, AO, AO, AO, Rubina Leasing &amp, AO, M/s Amir Chand and M/s, AO, AO, AO, AO, AO, AO, AO, AO, Departmental Representative, AO, AO, AO, AO, AO, AO, AO, AO, AO, Departmental Representative, AO, AO, AO, AO, AO, AO, Department, AO, Bench, AO, AO, AO, Departmental Representative, AO, AO, Bench

PERSON: under s. 158BC, Shri G. S. Chhabra, Shri S. K. Gupta, Chartered Accountant, Shri S. K. Gupta, Palvinder Singh, Palvinder Singh, Palvinder Singh, Shri Palvinder Singh, Shri S. K. Gupta, Shri S. K. Gupta, Shri S. K. Gupta, assessee.11, Wilson, Bowen, Smith, Shri S. K. Gupta, Gupta, Shri S. K.Gupta, Shri P. P. Gambhir, Chapter XIV-B, L. R. Gupta, Wadhwa, Palvinder, Palvinder Singh, Shri Palvinder Singh, Shri Palvinder Singh, Shri Kanwarijit Singh, Jasvinder Singh, Nehru Place, Sansad Marg, Sansad Marg, Sansad Marg, Sansad Marg, N.D. 10,00,00015-7-1994, Sansad Marg, Chander Nagar, Chander Nagar, Particulars Amount L.F. Year, No.-----------------------------------------------------------------------(i, Kanwarjit Singh Basni, Kanwarjit Singh, Pavinder Singh, Folio Nos, Particulars Amount, under s. 158BC, Goyal M. G. Gases Ltd., Palvinder Singh Rs, Kanwarjeet Singh Rs, Shri R. Ganeshan, Shri P. P. Gambhir, Shri R. Ganeshan, Shri R. Ganeshan, Gambhir, Ganeshan, Gambhir, Ganeshan, Nos, Singh Bansi, Delhi-I, Tony Bansi, Kanwarjit Singh, Tony, Palvinder Singh Managing, Palvinder Singh, Goel Gases, Palvinder Singh, Palvinder Singh Bansi, Palvinder Singh, Shri G. S. Chhabra, Shri S. K. Gupta, Shri Palvinder Singh, Palvinder Singh, Palvinder Singh, Palvinder Singh, Shri S. K. Gupta, Shri S. K. Gupta, Shri S. K. Gupta, assessee.64, Shri S. K. Gupta, Shri S. K.Gupta, Chartered Accountant, Shri S. K. Gupta, L. R. Gupta, Shri G. S. Chhabra, Chhabra, Shri Gambhir, Shri G. S. Chhabra, Shri G. S. Chhabra, Shri S. K. Gupta, Shri G. S. Chhabra, Shri S. K. Gupta, G. S. Chhabra, Shri Parvinder, Singh, Shri G. S.Chhabra, Ground No, Shri G. S. Chhabra, Shri G. S. Chhabra, Palvinder Singh, Shri Kanwarjeet Singh, Jasvinder Singh, Chander Nagar, Nehru Place, Chander Nagar, Nehru Place, Sansad Marg, Sansad Marg, Sansad Marg, Sansad Marg, Sansad Marg, Chander Nagar, Ground No, Gurcharan Diwan Rs, Sanjay Khullar Rs, Sanjay Khullar Rs, confirmed.91, Shri Kanwarjeet Singh Rs, Shri, G. S. Chhabra, Dolly Chhabra

DATE: 1986-87 to 15th September, 15th September, 1995, 27th September, 1996, 16th September, 1995, 15th September, 1995, 15th September, 1995, 25th September, 1996, September, 1996, 25th September, 1996, September, 1996, 27th September, 1996, the period ending 15th September, 1995, 10th September, 1996, 16th September, 1996, 27th September, 1996, 15th September, 1996, 15th September, 1996, 1995-96, 1950, 1937, at least a day, at least a week, 1886, 1991, October, 1995, 8th November, 1995, November, 1995, 4th December, 1995, 30th January, 1996, 11th July, 1996,, 17th July, 1996, 26th July, 1996, 8th August, 1996, 17th September,1996, 25th September, 1996, 27th September, 1996, 25th April, 1996, 2nd May, 1996, 18th June, 1996, 11th July, 1996, 4th July, 1996, 24th July, 1996, 15/16th September, 1995, 2nd May, 1996, 22nd November, 1995, October, 1995, 4th December, 1995, 30th January, 1996, 26th July, 1996, 2nd May, 1996, 18th June, 1996, 4th July, 1996, 26th July, 1996, 8th August, 1996, 10th September, 1996, 1997, 1997, 1992, 32, 7, 12th July, 1995, 4th July, 1996, 1,01,400 + Rs, 20,000 + Rs, 1,15,000 + Rs, 2,31,000, 1995-96, 46130, 10,00,00020-5-1995, 461390, 10,00,00024-5-1994, 461391, 461479, 461791, 10,00,00030-5-1994, 385967, 385999, 1499, 25th August, 1995, the same day, 1499, the year ending 31st March, 1995, 1993-94(ii, 91 1994-95, 80,666 1994-95, 1995-96, 1995-96, 34, 2,00,000 36, the relevant year 1994-95, 34, the years 1993-94, 1995-96, the following years, the year 1993, the year 1994-95 17,12,000(c, the year 1995-96, 38, the period 1st April, 1995 to 15th September, 1995, 1994-95 to 1996-97, 1994-95 to 1996-97, 1994-95, 1995-96, 1996-97, years, the years, 1995, daily, 27th September, 1996, 1986-87, 1995-96, 1st April, 1995 to 15th September, 1995, 25th September, 1996, the last day, the period 1st April, 1995 to 15th September, 1995, 1994-95 to 1996-97, September, 1995)".47, 24th November, 1997, 25th October, 23rd June, 1998, 28th July, 1998, 27th September, 1996, 1961, 16th September, September, 1996, the earlier years, 27th September, 1996, 1961, 1963, 23rd September, 1997, 10th September, 1996, 55, 9th December, 1997, 10th September, 1996, 10th September, 1996, 10th September, 1996, 16th September, 1995, 15th September, 1995, 15th September, 1995, 25th September, 1996, September, 1996, 27th September, 1996, September, 10th September, 1996, 10th September, 1996, 27th September, 1996, 15th September, 1996, 15th September, 1996, 1995-96, at least a day, at least a week, 1950, 1991, 97, 98, 1997, 1997, 1992, 32, 15th September, 1995, under s. 132(1, 16th September, 1995, 23rd November, 1995, 28th November, 1995, 19th February, 1996, 25th April, 1996, 6th May, 1996, 25th April, 1996, May, 1996, 14th June, 1996, 18th June, 1996, 4th July, 1996, 11th July, 1996, 11th July, 1996, 11th July, 1996, 19th July, 1996, 4th July, 1996, 22nd July, 1996, 24th July, 1996, 24th July, 1996, 26th July, 1996, 26th July, 1996, 30th July, 1996, 30th July, 1996, 8th August, 1996, 27th August, 1996, 27th August, 1996, 29th August, 1996, 30th July, 1996, 29th August, 1996, 30th July, 1996, 2nd September, 1996, 9th September, 1996, 10th September, 1996, 4th July, 1996, 30th July, 1996, 12th September, 1996, 4th July, 1996, 30th July, 1996, 12th September, 1996, 13th September, 1996, December, 1993, 10th September, 1996, 1995-96, 10th March, 1995 to 23rd March, 1995, 10th September, 1996, 46130, 461390, 461391, 461479, 461791, 385967, 10 lacs.16-7-1994, 385999, 1499, 25th March, 1995, the same day, 1499, 1499, 4th July, 1996, month to month, 15th September, 1995, 16th September, 1996, 10th September, 1996, 30th September, 1996, 4th July, 1996, 16th September, 1996, 30th September, 1996, the assessee day, the month of July, 1996, the relevant year 1994-95, 34-45, annual, the year 1993-94, the year 1993-94, the year 1994-95, the year 1995-96, 15-9-1995

FAC: Serial Nos, Serial Nos, Serial Nos, Canara Bank, Serial Nos, Serial Nos, Serial Nos, Shri Wadhwa

GPE: Delhi, pp, also.10, India, L.J., Helmore, Singh Bansi, Mumbai, Mumbai, Wadhwa, Monga, Petrol, Baldev, pp, New Delhi, N.D., N.D., N.D., N.D., N.D., N.D., Ghaziabad, Naraina, asst, assessee, New Delhi, asst, Delhi, New Delhi, C.A., Assessee, Singh Bansi, Norway, New Delhi, Bansi, Janakpuri, New Delhi, Assessee, assessee, India, assessee, assessee, Mumbai, Mumbai, C.A., Assessee, Wadhwa, Assessee, assessee, Ghaziabad, New Delhi, New Delhi, New Delhi, New Delhi, New Delhi, New Delhi, New Delhi, Ghaziabad, Ghaziabad, assessee, assessee, India, assessee, assessee

WORK_OF_ART: CA, Rubine Leasing, the Paper Book, Annexure A1, The Coy.

PRODUCT: Bench, Appellant, Shri, 15-2-1995, CA, CA, A-36, Chartered, Bench, Bench, 10 lacs.30-5-1994

ORDINAL: first, 26th, 24th, first, first, first, first, first, first, second, first, first, First

NORP: contra, deleted.33, same.82

QUANTITY: 6,50,000 + Rs

LOC: Coy, Europe

MONEY: 1,35,000

EVENT: the Bombay Bench, 4th September, 1996