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Babros Machinery Mfrs. (P) Ltd. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Ahmedabad

Subject : Direct Taxation

Reported in : (2003)84ITD91(Ahd.)

be considered as undisclosed income of the assessee for the purpose of Chapter XIV-B. It was pleaded that the reason for holding that the sales … nowhere it is provided in this Chapter that the provisions of Section 145 would be applicable in computing the undisclosed income in the block assessment … is asst. yrs, 1986-87 to 1995-96 and 1st April, 1995 to 8th Sept., 1995.3. In respect of the first point of difference, the facts as noted by the AO are as under: "Undisclosed income for asst. yr. … the AO who is Dy. CIT(A) Special Range-2, Ahmedabad, under Section 158BD r/w Section 158BC(c) of the IT Act, 1961 for the Block Period asst. yrs. 1986-87 to 1995-96 and 1st April, 1995 to 8th Sept., 1995.2.

P. Govinda Satyanarayana Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Vizag

Subject : Land Acquisition

Reported in : (2005)98TTJVisakha908

the block period. The relevant portion of the statement is reproduced as under: "17 Q. As per the information available with us you have invested Rs. 6.12 lakhs as share capital and Rs. 31.5 lakhs as unsecured … Feb., 2000, which were presumed by the AO to have been recorded under Section 132(4) of the IT Act. Vide statement dt. 10th Feb., 2000, the assessee made a disclosure of Rs. 30.29 lakhs as unaccounted income … of the investments made as undisclosed income are outside the scope of Chapter XIV-B of the IT Act. Although the search and seizure has taken … a regular assessee and assessment in its case got completed under Section 143(3) for the asst. yr. 1997-98 on 31st March, 2000, i.e., after the

R.P. Monga Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2003)87ITD287(Delhi)

as a result of search or requisition of books of account or documents and such other material or information as are available with the assessee. .....".While making the addition of Rs. 39,62,000 the AO had no other … case of R.P. Monga & Sons ITA No. 5269/Delhi/1996 dt. 29th Nov., 2000, is worth mentioning. This issue was discussed and decided in the concluding … were seized. After examining this material the AO started assessment proceedings under Chapter XIV-B of the IT Act, 1961. The assessee filed return of income … 30,00,000 in the proposed order.4. Paras 12 to 14 of the draft order dealing with the addition … by the AO for the block period ending 9th Aug., 1995. A search under s.132 of the IT Act, 1961 was carried out at the residential and business premises of the assessee which was concluded on 9th

Morarjee Goculdas Spg. and Wvg. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Mumbai

Subject : Land Acquisition

Reported in : (2005)98TTJ(Mum.)201

period declaring 'nil' undisclosed income.The AO, thereafter issued notices under Section 143(2) on various dates calling for detailed information on a number of points. During the course of proceedings under Section 158BC(b), the AO also referred to … been relied upon by the learned AO was beyond the scope of Chapter XIV-B. For the purpose of applying the provisions of Chapter XIV-B, there … undisclosed income.The AO, thereafter issued notices under Section 143(2) on various dates calling for detailed information on … lakhs. The assessee further claimed that it purchased 2100 high pressure seamless gas cylinders from M/s Applied Cryogenics Technological Services, A13/16, T.N.H.B., Baglur Road, Hosur, for a sum of Rs. 1,00,80,000. Thus, the total cost of assets … in the case of the assessee under Section 158BC of the IT Act, 1961, for the block period from asst. yrs. 1987-88 to 1996-97 and

Dang and Co. (P) Ltd. Vs. Deputy Commissioner of Income Tax

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2005)94ITD29(Delhi)

amount, therefore, the same cannot be assessed while completing the assessment under Chapter XIV-B of the Act. The reliance was placed on various case laws, … controversy. One is a major confusion arid the other is not so major a confusion. The major confusion first. Neither of the members has tried to ascertain the exact nature of payment received by the assessee. The … 1995.2. A search and seizure operation was conducted on 14th/l5th Sept., 1995 under Section 132(1) of the IT Act at the premises of the assessee. Assessment under Section 158BC was completed on 30th Sept., 1996, determining undisclosed … to 4th Sept., 1995.2. A search and seizure operation was conducted on 14th/l5th Sept., 1995 under Section 132(1) of the IT Act at the premises

V.V.S. Alloys Ltd. Vs. Assistant Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT Allahabad

Subject : Direct Taxation

itself should communicate the reason or contain the details of income escaping assessment, the omission to contain such information was held to be procedural nature, which would not go to vitiate the proceedings.26. In the case before … issued and served on the appellant and, therefore, no valid order under s. 158BC (Chapter XIV-B of the Act) could be passed. (b) The assessment order, at any rate, did not reflect independent exercise of mind of … block assessment order in search cases, is like the notice under s. 148 whereunder action is taken to assess the 'income escaping assessment' and any

Suomoto Proceedings in Flesh Trade Vs. State and ors.

Court : Jammu and Kashmir

Subject : Criminal

Reported in : 2008(1)JKJ161

Special Police Establishment Act, 1946. The CBI re-registered the case as RC 1(s)/2006/SCR-III/CBl/ND under Section 67 of the Information Technology Act, 2000 on May 10,2006.39. As a result of initial investigation CBI arrested five persons apart from those arrested by … of the Code, as follows:Section 169 Release of accused when evidence deficient If, upon an investigation under this Chapter, it appears to the officer-in-charge of the police station or to the police officer making the investigation that … the prosecution, to contradict such witness in the manner provided by Section 145 of the Indian Evidence Act, 1872; and when any part of such

Rajesh Vs. State of Kerala

Court : Kerala

Subject : Land Acquisition

of Kerala having jurisdiction over the entire State of Kerala, constituted to investigate any offence committed under the Information Technology Act, 2000 have power or authority to file final report charging offences under the India Penal Code or under any … within the limits of such Station would have power to enquire into or try under the provisions of Chapter XIII. According to Section 177 of the Cr.PC, every offence ordinarily be enquired into and tried by a … 1935 Crl.Rev.Pet.No. 10 of 2013 () ----------------------------- AGAINST THE JUDGMENT IN CC 140/2010 of J.M.F.C.-I MUVATUPUZHA, DATED REVISION PETITIONER/ACCUSED:- --------------------------- RAJESH S/O. BHASKARAN, PRATHUSHA VEEDU,

L.G. Electronics Inc. Vs. Additional Commissioner of

Court : Income Tax Appellate Tribunal ITAT Delhi

Subject : Direct Taxation

Reported in : (2004)84TTJ(Delhi)1029

on 20th Aug., 1998, the Asstt.CIT, Delhi Circle 23(1), vide his letter dt. 28th Aug., 1998, sought certain information pertaining to the survey. On account of the survey carried out, it appears that the assessee got aware … the penalty in the instant case was levied only on 27th July, 2000, which is well beyond the prescribed time-limit under Section 275(5) of the … default of failure to deduct tax properly in terms of provisions under Chapter XVII-B of the Indian IT Act. You are, therefore, required to show … March, 2001; confirming the order of the AO who had imposed penalty under Section 271C of the IT Act. Except in Appeal No. 2925/Del/2001, which is for the asst. yr. 1998-99 and which has two additional grounds,

Ravinder Singh Vs. Assistant Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT Amritsar

Subject : Direct Taxation

Reported in : (2004)89ITD477(Asr.)

channel and once it proceeds in a different track, the liability arising out of the said chapter has first to be determined and adjusted against the seized assets under Section 132B of the Act. No doubt, the … an appeal by the assessee and is directed against the order of the CIT(A), Jammu, dt. 27th April, 2000, relating to the block period 1st April, 1987 to 9th Oct., 1997. "1. That the learned CIT(A), Amritsar, … as references to 'block assessment'." Vide amendment w.e.f. 1st June, 1999, Section 140A(1). was amended. The amended provisions read as under : "140A(1). Where any