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M/S Ltimindtree Limited vs the Joint Commissioner

Court : Karnataka

the removal of doubts, it is hereby clarified that the provisions of this section, as amended, by the Finance Act, 2012, shall also be applicable for any assessment year beginning on or before the 1st day of April, 2012.148. … SRI TATA KRISHNA, ADVOCATE) AND:1. THE JOINT COMMISSIONER OF INCOME TAX (OSD) CENTRAL CIRCLE -1(3) CENTRAL REVENUE BUILDING QUEENS ROAD BENGALURU - 560 001.2. THE … r/w 150 of the Act. An orderis passed on 22-10-2019 recording the reasons for reopening the assessment under Section 147 for the assessment year 2008-2009. The reasons are as follows: “Sir/Madam/ M/s, Subject: Furnishing of copy of reasons

Assistant Commissioner of Income Tax (International Taxation) & Ot ...

Court : Supreme Court of India

Reported in : [2025] 8 S.C.R. 1574

of Acts Income Tax Act, 1961; Taxation and other laws (Relaxation and Amendment of Certain Provisions) Act, 2020; Finance Act, 2016; Finance Act 2017; Tamil Nadu Land Reforms (Fixation of Ceiling) Act, 1961; Stamp Act, 1899; Arbitration and … [2024] 7 SCR 1236 : (2025) 2 SCC 49; Chief Commissioner of Central Goods and Service Tax v. Safari Retreats Private Limited [2024] 10 SCR … financial year in which such return was furnished.](2) No order of assessment, reassessment or recomputationshall be made under Section 147 after the expiry of nine months from the end of the financial year in which the notice under

Khoday India Limited vs the Principal Commissioner of Income Tax

Court : Karnataka

the removal of doubts, it is hereby clarified that the provisions of this section, as amended by the Finance Act, 2012, shall also be applicable for any assessment year beginning on or before the 1st day of April, 2012. … the power vested under section 3 of the Relaxation Act, 2020, the Central Government issued following Notifications inter-alia extending the time lines prescribed under section … by Respondent No.3 disposing of the legal objections raised by the petitioner for reopening of the assessment under section 147 marked as Annexure-V for the A.Y.2011-12, as one without jurisdiction.(c) Declare that Respondent No.3 erred in law ininvoking

Present : Mr. Sanjay Bansal Senior Advocate with Vs. the Assistant Com ...

Court : Punjab and Haryana

Subject : Direct Taxation

the notices issued to the petitioner is insertion of sub-section (4A) in Section 11 of the Act by Finance Act, 1983 w.e.f. 01.04.1984. Sub-section (4A) has been again substituted by Finance (No.2) Act, 1991 w.e.f. 01.04.1992. The relevant … books of account are maintained by such trust kind notified by the Central Government in or institution in respect of such business. this behalf in … institution, And separate books of account are maintained by the Trust or institution in respect of such business. Section 147 - Income escaping assessment As it existed in the year 1984 As substituted by the Direct Tax Laws

National Building Construction Company Limited vs.union of India & ...

Court : Delhi

Subject : Land Acquisition

of Section 66B of the Fin Act. Section 66B creates a charge of service tax on or after Finance Act, 2012. WP(C) 1144/2016 Page 11 of 55 16. Section 83 of the Fin Act reads as under:-"Application of certain … challenging the letter dated 3rd December, 2015 from the Director General of Central Excise Intelligence informing them about the permission accorded authorizing the Additional WP(C) … cannot be issued on account of limitation or assessment order under Section 143(3) has been passed, procedure under Section 147 read-with Section 148 of the Income Tax Act can be invoked. Additionally, the Commissioner of Income Tax under

Deputy Commissioner Of Income Tax (central) Circle 1(2) Vs. M/s M.r. S ...

Court : Supreme Court of India

Subject : Service Tax

the AO to reopen the assessment. The High Court also considered the scheme of Section 183 of the Finance Act, 2016 and noted that immunity was given in respect of amounts declared and brought to tax in terms … an intimation is required to be sent. Various circulars sent by the Central Board of Direct Taxes spell out the intent of the Legislature, i.e., … (hereafter “the revenue”) appeals against a judgment of the Gujarat High Court1, which quashed a notice issued under Section 147/148, Income Tax Act (hereafter “the Act”) seeking to re-open the respondent’s assessment, for the assessment year (AO) 2010-11.

Director Of I.t New Delhi Vs. M/s Mitsubhishi Corp.

Court : Supreme Court of India

Subject : Direct Taxation

Section 234B, which fall for consideration in this case, are reproduced below as they stood prior to the Finance Act, 2012: “209. Computation of advance tax. - (1) The amount of advance tax payable by an assessee in the … the prescribed time, the sum so deducted to the credit of the Central Government. The consequences of failure to deduct tax or pay the tax … 115JAA. Explanation 2.-Where, in relation to an assessment year, an assessment is made for the first time under section 147 or section 153A, the assessment so made shall be regarded as a regular assessment for the purposes of

Commissioner of Income-tax (Central) Vs. Gopi Apartment

Court : Allahabad

Subject : Direct Taxation

is to be assessed in the hands of Gopi Apartments. 13. Sri Agrawal also contended that by the Finance Act, 2003, Amendment in Section 153A w.e.f. 01.06.2003 was made and Sections 153A and 153C were added in place … is as under: "153C. Assessment of income of any other person.— (1) Notwithstanding anything contained in section 139, section 147, section 148, section 149, section 151 and section 153, where the Assessing Officer is satisfied that any money,

Mphasis Ltd vs the Joint Commissioner of Income Tax

Court : Karnataka

the removal of doubts, it is hereby clarified that the provisions of this section, as amended by the Finance Act, 2012, shall also be applicable for any assessment year beginning on or before the 1st day of April, 2012.148. … MR JUSTICE M.NAGAPRASANNACAV ORDERThe petitioner is before this Court calling in question proceedings instituted under Section 148 r/w Section 147 of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’ for short) on the ground of … of returns under subsection (1), the Board may make a scheme for centralised processing of returns with a view to expeditiously determining the tax payable

Commissioner of Customs versus M/S Canon India Pvt. Ltd.

Court : Supreme Court of India

Subject : Right to Information

Reported in : [2024]12S.C.R.202

of India Ministry of Finance (Department of Revenue) Notification No. 40/2012-Customs (N.T.) New Delhi, dated the 2nd May, 2012 260 [2024] 12 S.C.R. Digital Supreme Court Reports S.O. (E). - In exercise of the powers conferred by … in the case of Mangali Impex’s case expounds the correct interpretation of s.28(11) and whether s.97 of the Finance Act, 2022, which retrospectively validates the show cause notices with effect from 01.04.2023, is manifestly arbitrary and thus, violative … of Directorate of Revenue Intelligence, Commissionerates of Customs (Preventive), Directorate General of Central Excise Intelligence and Commissionerates of Central Excise and other similarly situated officers … defect pointed out in Sayed Ali’s case. [Paras 147, 148, 151, 154, 155] Customs Act, 1962 - … Such entrustment could be either conditional or unconditional - Object of this Section is to confer powers of search, seizure, arrest and recording of statements,