Patna Court October 2001 Judgments

Joint Commissioner of Income-tax Vs. Smt. Dr. Reeta Singh

Court: Income Tax Appellate Tribunal ITAT Patna

Reported in: (2002)80ITD503(Pat.)

1. Search and seizure operations were conducted on 17-12-1997 at the residential premises of the assessee, wherein cash and valuable securities were seized. Notice under Section 158BC of the Income-tax Act, 1961 (in short the Act) was served on the assessee and returns were filed belatedly on 15-12-1999, declaring total undisclosed income of Rs. 1,79,980/-. The assessee is a professor of Economics at Patna University, Patna. Though she has income from salary and other sources, she filed her return upto 1990-91 and thereafter no returns were filed.She claimed that the salary income is not concealed income. Her claim was denounced by the Assessing Officer, who assessed her undisclosed income as follows :Income from salary Gross Rs. 63,619 12,000Annual value under Section 23(2) Rs. nilLess : Intt. payable to Rs. 5,000 Rs. 5,000 ______________ __________Dividend Income from Indian Co. Rs. 6,621 -do- from UTI Rs. 1,620N.S.C. Intt. on 2,000 of 84-85 Rs. 448Bank Intt. Rs. 204 __________P.P.F...

Joint Cit Vs. Dr. (Smt.) Reeta Singh

Court: Patna

Dr. R.K. Yadav, J.M.Search and seizure operations were conducted on 17-12-1997, at the residential premises of the assessee, wherein cash and valuable securities were seized. Notice under section 158BC of the Income Tax Act, 1961 (in short the Act) was served on the assessee and returns were filed belatedly on 15-12-1999, declaring total undisclosed income of Rs. 1,79,980. The assessee is a professor of Economics at Patna University, Patna. Though she has income from salary and other sources, she filed her return upto 1990-91 and thereafter no returns were filed. She claimed that the salary income is not concealed income. Her claim was denounced by the assessing officer, who assessed her undisclosed income as follows : Rs. Rs. Rs.Asst. yr. 1988-89 to 1990-91 . NilAsst. yr. 1991-92:, Income from salary Gross 63,619  12,000  51,619 51,619 Income from &O.P. Annual value under section 23(2)Nil Less: Iritt. payable to BSHW LTD.5,000(-)5,000&...

Amrendra Kumar Verma Vs. Branch Manager, New India Assurance Company L ...

Court: Bihar State Consumer Disputes Redressal Commission SCDRC Patna

A.N. Chaturvedi, President: 1. This appeal by the complainant is directed against an order dated 8.11.1996 passed by District Forum, Samastipur, in Complaint Case No. 68 of 1995 whereby the complaint of the complainant was dismissed. 2. It appears that the complainant-appellant filed a complaint before the District Forum on 10.10.1995 (?) alleging therein that his shop known as M/s. Verma General Stores was under insurance cover provided by New India Assurance Company Ltd., Samastipur Branch, vide insurance policy dated 21.5.1990. The insured amount was Rs. 50,000/-. In between the night of 16.2.1991 and 17.2.1991 theft was committed in his aforesaid shop and the thieves took away articles worth Rs. 60,230/- including Stock Register, Sale Register, Purchase Register etc. kept in the shop. F.I.R. was lodged at Samastipur Town Police Station and on the basis thereof the police registered Samastipur Town P.S. Case No. 58 dated 20.2.1991 and after investigation submitted charge-sheet on 2....