Adjust - Judgment Search Results

Deputy Commissioner of Income Tax Vs. Verifone Software Systems (P)

Court: Income Tax Appellate Tribunal ITAT

Reported in: (2003)84ITD521(Bang.)

..... not have suffered additional tax but in the present case before us the prima facie adjustments were made because the assessees defaulted themselves in not computing their income correctly and properly ..... brought in this respect retrospectively therefore as far as the inadmissibles made as prima facie adjustments in the returns filed by the assessee are concerned the ao was perfectly right in .....

Assistant Commissioner of Income Vs. Raghu Nandan Lal, Muni Lal and Ra ...

Court: Income Tax Appellate Tribunal ITAT Chandigarh

Reported in: (2002)82ITD436(Chd.)

..... of the current year the assessee cannot and should not take into account above adjustments and make payment otherwise due the assessee should treat statutory provision and orders passed ..... justified as it ignores the amount recovered retained with specific undertaking that it would be adjusted against the current liabilities it totally ignores the amount recovered the liabilities determined at .....

Dy. Cit Vs. Amar Ubromal Chawla,dy. Cit V.

Court: Income Tax Appellate Tribunal ITAT Nagpur

Reported in: (2002)75TTJ(Nag.)405

..... assessing officer and interest under section 234a 234b and 234c was charged by him without adjusting the seized cash against the advance tax payable by the assessees aggrieved by the orders ..... consideration for computing interest under section 234a however the same being treated as available for adjustment against self assessment tax on 11 4 1995 interest under section 234b should be computed .....

Aquapharm Chemical Co. Ltd. Vs. Joint Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Pune

Reported in: (2003)85ITD188(Pune.)

..... therefore should have accepted the contention and deleted the adjustment 20 the adjustment made under section 143 1 a was patently ..... only arithmetical errors this clearly shows that no substantial adjustments which would require examination of any evidence or which ..... the mistake if therefore the board itself considered that any adjustment made in contravention of the provisions of law constitutes .....

United Phosphorus Limited Vs. Joint Cit

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (2001)73TTJ(Ahd.)404

..... cannot be imported within the specified value under the certificate commissioner of customs can allow adjustment of individual value within the total value these facts were explained by the learned ..... orders of the learned departmental authorities as well as the details of such prior period adjustment claimed as deduction the assessing officer has disallowed such claim on the ground that .....

Tata Sponge Iron Ltd. Vs. Joint Cit

Court: Income Tax Appellate Tribunal ITAT Cuttack

Reported in: (2001)73TTJCtk159

..... learned senior departmental representative the assessing officer was well justified in making prima facie adjustment regarding the expenses claimed under the head railway siding as per learned senior departmental ..... on all the officers employed in the execution of the act regarding prima facie adjustment on account of interest payment the learned senior departmental representative drew our attention .....

Asstt. Cit Vs. Raghu Nandan Lal

Court: Income Tax Appellate Tribunal ITAT Chandigarh

Reported in: (2002)76TTJ(Chd.)186

..... of the current year the assessee cannot and should not take into account above adjustments and make payment otherwise due the assessee should treat statutory provision and orders passed ..... justified as it ignores the amount recovered retained with specific undertaking that it would be adjusted against the current liabilities it totally ignores the amount recovered the liabilities determined at .....

A.P. Warehousing Corporation Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Hyderabad

Reported in: (2002)80ITD529(Hyd.)

..... when we confine our examination to the question whether this is possible through prima facie adjustment in intimation proceedings completed under section 143 1 a in a regular assessment under ..... facts and in the circumstances of the case appears highly unjustified permitting such prima facie adjustments would result in punishing or penalising the assessee who strongly believes and pursues a cause .....

Deputy Commissioner of Income Tax Vs. Amar Ubromal Chawla

Court: Income Tax Appellate Tribunal ITAT Nagpur

..... tax on 11th april 1995 b the seized cash not being treated as available for adjustment against advance tax cannot be taken into consideration for computing interest under section 234a however ..... the same being treated as available for adjustment against self assessment tax on llth april 1995 interest under section 234b should be computed .....

Commissioner of Income-tax Vs. Punjab National Bank

Court: Delhi

Reported in: 2001IIIAD(Delhi)110

..... return accounts or documents is prima facie inadmissible shall be disallowed provided further that where adjustments are made under the first proviso an intimation shall be sent to the assessed notwithstanding ..... indicates that the assessing officer has to proceed accepting the return and making the permissible adjustments only as a result of insertion of explanationn to section 143 by the finance act .....