Paramount Enterprises Ltd. Vs. Deputy Commissioner of Income Tax

Decided On : Jan-17-2001

Court : Income Tax Appellate Tribunal ITAT Delhi

LAW: Section 158BC, the IT Act, Section 132, Section 158BC, Section 69B, the IT Act, Section 113, Section 132, Section 69B, the IT Act, Chapter XIV-B of the Act, Chapter XIV-B of the Act, Chapter XIV-B, the IT Act, Chapter XIV-B, Chapter XIV-B of the Act, Section 132(1, Section 158BC, Section 158B, Chapter XIV-B of the Act, Section 158B(b, the Chapter XIV, Section 143(3, the IT Act, Chapter XIV-B, Section 158B(b, the IT Act, Chapter XIV, Section 132, ITD 245, Section 132(1, the IT Act, Section 132, Section 253(1)(b, Section 158BC, Section 132, the IT Act, Section 132(1, Section 132(1, Chapter XIV-B.30, Chapter XIV-B of the Act, Section 158BC, Chapter XIV-B of the Act, Chapter XIV-B, Section 69B, the IT Act, Section 143(3, the IT Act, Chapter XIV-B, the IT Act, Chapter XIV-B, Chapter XIV-B, the IT Act 40, Section 158B(b, the IT Act, the Bangalore Bench, Section 113, Chapter XIV-B, the IT Act, the Bangalore Bench

CARDINAL: 1, 24, 20, 1,66,59,280, 65,609, 244, 67, 721, 73, 3, Two, 15, 5,10,800, 4,84,000, 29,61,500, 7,00,00,000, 29,61,500, 5, 29,61,500, 6, three, 63.15, 28,00,000, 17,68,20,000, 13,47,000, 4,84,000, 63, 63.15, 65,609, 8, 23,70,405, 29,82,600, 5,24,874, 65,609, 2 to 8, 5, 7, 7,25,000, two, 2, 58, 6, 9,38,000, 1, 242, initiated.12, 2.3, 67, 721, 73, 14, 6, 1996.17, 67, 59, 610, 63, 5,10,800, 5,10,800, 26,800, 26, 155, 176, 260, 177, 71, 176, 260, 265, 74, 60, 2 to 8, 18, 4.1, 4.8, 1,66,59,280, 65,609, 1.66,59,280, 8,47,90,134, 1,66,59,280, 67, 41, 154, 18, 173, 55, 433, 280, 281, 3,30,000, 200, 65,609, 63, 701, 67, 503, 38, 50

ORG: AO, AO, AO, AO, Departmental Representative, Maruti Udyog Ltd., Ors, CIT, TTJ, TM, ITD 49, TM, Departmental Representative, Departmental Representative, AO, Maruti Udyog Ltd., AO, R.P. Modi, Calcutta, M/s Jain Commercial Co.Ltd., M/s, M/s, AO, M/s CRB Securities, AO, Hindustan Development Corporation, M/s Kejriwal &amp, Co., AO, M/s CRB Securities, the Hindustan Development Corporation, M/s Keiriwal &amp, Co., M/s Jai Commercial Co., AO, M/s, Ingersoll Rand India Ltd., M/s ABB Ltd., AO, M/s Kejriwal &amp, M/s Kejriwal &amp, M/s Jai Commercial Co. Ltd., M/s Jai Commercial Co. Ltd., AO, AO, AO, M/s Kejriwal &amp, Co.enquiries, Kanpur Stock Exchange, M/s Kejriwal &amp, M/s, Ingersoll Rand India Ltd., ABD Ltd., claim.7, AO, the Modi group, Shri R.P. Modi, AO, us.8, M/s HDC Ltd, AO, Departmental Representative, M/s Laxmangaih Estate and Trading Co. Ltd., the Tribunal Calcutta Bench, Calcutta, ITA No, Tribunal, M/s HDC Ltd., AO, M/s HDC, M/s HDC, CIT, M/s Kejriwal &amp, Co, Shri Sisir Kejriwal, M/s Ambika Corpn., P) Ltd., Mody Building Ltd., HDC, P) Ltd., Mody Buidling Ltd., Kejriwal &amp, CIT, Shri Sisir Kejriwal, AO, CIT, CC-XXV, Calcutta, CIT, M/s HDC Ltd., inter alia, M/s HDC Ltd., the Hon'ble Delhi High Court, M/s HDC Ltd., M/s HDC Ltd., Tribunal, CIT, TTJ, TM, ITD 49, TM, AO, CIT, Tribunal, Kirloskar Investment &, Finance Ltd., Asstt, CIT, ITD 504, M/s, Orient Bonds &, Stocks Ltd., Departmental, M/s, Orient Bonds &, Stocks Ltd., CIT, M/s, Orient Bonds &, Stocks Ltd, Tribunal, the Mumbai Bench, Sunder Agencies, CIT, TTJ, M/s, HOC Ltd., M/s, Ingersoll Rand and M/s ABB Ltd., HCD Ltd., M/s, Ingersoll, M/s ABB Ltd., M/s HDC Ltd., M/s HDC Ltd., M/s HDC Ltd., GFR, M/s, Ingersoll Rand and M/s ABB Ltd., M/s HDC Ltd., AO, M/s HDC Ltd., Shri Sisir Kejriwal, M/s HDC Ltd., M/s Jai Commercial Co. Ltd., M/s Jal Commercial Co. Ltd., AO, M/s Jai Commercial Co. Ltd., AO, the Tribunal Calcutta Bench, M/s Laxmangarh Estate, the Tribunal Delhi Bench, Jai Commercial Co. Ltd., CIT, M/s HDC Ltd., M/s HDC Ltd., Tribunal, M/s Jai Commercial Co. Ltd., Tribunal, M/s Jai Commercial Co. Ltd., M/s Jai Commercial Co. Ltd. Rs, sham, M/s Jai Commercial Co. Ltd., M/s Jai Commercial Co, Ltd., sham, Commercial Co. Ltd., Departmental Representative, CIT, Department, ORS, V. Director Enforcement, SC, Hon'ble Allahabad High Court, Shri Ram, DI, Department, Department, Narain R. Bhandekar &amp, ITO, Department, Hon'ble High Court, DI, Bench, AO, Tribunal, Ors, CIT, TTJ, Departmental Representative, Tribunal, CIT, M/s HDC Ltd., Department, Shri Sisir Kejriwal, AO, AO, Calcutta, AO, Department, CIT, Cir-XXV, Department, M/s HDC Ltd., Shri Sisir Kejriwal, Department, CIT, Departmental Representative, Tribunal, Laxmangarh Estate &, Trading Co. Ltd, M/s, Orient Bonds &, Stocks Ltd., Tribunal, Tribunal, Colours &, IAC, ITD 298, Departmental, M/s Jai Commercial Co. Ltd., Department, M/s HDC Ltd., Satellite Company, M/s HDC Ltd., M/s HDC Ltd., AO, AO, CIT, Departmental Representative, AO, M/s HDC Ltd., M/s HDC Ltd., M/s, Ingersoll Rand, M/s ABB Ltd., M/s HOC Ltd., CIT, sham, Shri Sisir Kejriwal, Shri Sisir Kejriwal, Departmental Representative, M/s HDC Ltd., ITD 504, M/s HDC Ltd., M/s HDC Ltd., M/s Jai Commercial Co. Ltd., M/s Jai Commercial Co.Ltd., M/s Jai Commercial Co. Ltd., M/s HDC Ltd., the Hon'ble Supreme Court, McDowell &amp, Co. Ltd., CTO, SC, Departmental Representative, ITD 298, the Hon'ble Supreme Court, CWT, ITR 479, SC, AO, CIT, Departmental Representative, Laxmangarh Estate &, M/s, Orient Bonds &, Stocks Ltd., Tribunal, Departmental Representative, Tribunal, Hon'ble Supreme Court, Union of India, Kamalakshi Finance Corporation Ltd., ELT, Departmental Representative, M/s HOC Ltd., Departmental Representative, M/s HDC Ltd., Tribunal, CIT, AO, CIT, CIT, AO, Tribunal, Microland Ltd., Asstt, CIT, TTJ, Bang, ITD 446, Tribunal

DATE: 21st Nov., 1996, 8th July, 1997, 1st April, 1987, 21st Nov., 1996, 12th Sept., 1997, 1995-96, 1996-97, 2000, 2000, 2000, 1995-96, 15th July, 1994, 15th July, 1994, 10th Aug., 1994, 8th Aug., 1994, 8th Aug., 1994, 1996-97, 29th June, 1999, earlier years, 2,59,625, the years ending 31st March, 1996, Dec., 1998, 28th Nov., 1997, annual, each of the years, 21st Nov., 1996, 1995-96, 1995-96, 22nd Nov., 1995, annual, 2000, 1995-96, 2000, 2000, 15, 22nd Nov., 1995, 21st Nov., 1998, 1997, 1997, 15th July, 1994, 8th Aug., 1994, the year, the accounting year, yr.1995-96, year i.e., 1996-97, 26th July, 2000, 27, 1985, 1989, 1989, 5724, Sept., 2000, 2002, 16th May, 1997, 6th Aug , 1997, nature.31, 1986, 1996-97, 21st Nov., 1996, 1996-97, 1997-98, 1995-96, 22nd Nov., 1995, annual, 37, 38, 17th Feb., 55, 53, 1961, 1998, the instant assessment years, 43, 1955, 1986, 1988, Nov., 1997, 27th Nov., 1997, 27th Nov., 1997 as, 1730, Nov., 1997, 7th Nov., 1997, 25,11,405 + 3,30,000, Nov., 1997, 1993, 1999, 1998

GPE: Modi, asst, New Delhi, New Delhi, cash".10, New Delhi, Mumbai, Assessee, Assessee, Assessee, New Delhi, Modi, Modi, Assessee, New Delhi, Trdg

PERSON: Hindustan Dev Corpn, A.K. Bansal v. Asstt, Hindustan Dev, Corpn, Hansalaya, Hindustan Dev, Corpn, Hindustan Dev, Corpn, Corpn, Shri C.R. Bansal, RE.1,66,59,280, Hindustan Dev, Corpn, Hindustan Dev, Corpn, Gill Marg, Hindustan Dev, Ambika Corpn, A.M. Lodha Q. 6, Amrita Sher Gill Marg, 8,75,52,395, Ajit Jain v. Union, A.K. Bansal v. Asstt, Ajit Jain v. Union, Pratap Singh, Manda S. Bhandekar v., A.K. Bansal, Bench, Virender Bhatia, Cen, Automatics, Amrita Sher Gill Marg, ,1997, Arvind Narottam, Departmental, Pratap Singh Amrosingh

MONEY: 15 per cent, 17.5 per cent, 0.50 per cent, 1.00 per cent commission, 60 per cent

ORDINAL: Third, 7th, firstly, secondly, 26th

QUANTITY: 6-Amrita

PRODUCT: the Calcutta Bench, 302, Section 158BB

FAC: Delhi-II