Judgment Search Results Home > Cases Phrase: bayaluseeme development board act 1994 section 4 terms of office and conditions of service Sorted by: old Court: income tax appellate tribunal itat pune Page 1 of about 2 results (0.085 seconds)

Khopade Kisanrao Manikrao Vs. Assistant Commissioner of

Court : Income Tax Appellate Tribunal ITAT Pune

Reported in : (2000)74ITD25(Pune.)

..... at page 782, their lordships observed as under :- in making an assessment under section 23(3) of the indian income-tax act, the income-tax officer is not fettered by technical rules of evidence and pleadings and he is entitled to act on material which may not be accepted as evidence in a court of law, but the income-tax officer is not entitled to make a pure guess and make an assessment without reference to any evidence or any material at all. ..... 036313 -do- 147 3,38,685 the above demand drafts are debited to bombay housing area development board, mumbai. ..... for instance, the past history of the case, living style of the assessee and general conditions of the market in the particular trade will constitute relevant material for the purposes of assessment. ..... thereafter entries are for the month of march and june 1994 and then again on right hand side the entries are for the year 1993 ie., rs. ..... there was no service of liquor though the assessee is dealing in liquor. ..... even though there is some difference the same cannot be added to the income of the assessee as the same cannot be termed as "undisclosed income" within the meaning of section 158b. .....

Khopade Kisanrao Manikrao Vs. Assistant Commissioner of Income

Court : Income Tax Appellate Tribunal ITAT Pune

..... name and style of m/s.bombay housing area development board, ..... 1993 5,000 -do-17th december, 1992 50 -do-28th august, 1992 200 -do-31st august, 1992 150 -do-23rd october, 1992 100 -do-22nd december, 1992 75 -do-1st january, 1993 600 -do-21st march, 1994 30,000 -do-5th july, 1993 1,000 -do-19th june, 1993 1,500 -do-30th june, 1993 1,000 -do-19th august, 1993 1,000 -do-1st may, 1995 25,000 -do-14th march, 1990 35,000 shri rajguru7th ..... past history of the case, living style of the assessee and general conditions of the market in the particular trade will constitute relevant ..... am of the considered view that the said section makes all the provisions of the act other than those for which a provision is made under chapter xiv-b as applicable for making the assessment as well as other provisions of the act which are applicable after the assessment is made. ..... based on actual sale instances and evidence of market value in the form of comparable cases and valuation officer's report.in the case of the assessee before us, when the assessee accepted the receipt of on money in sale of plots where there was actual evidence available, it will not be reasonable to believe that he did receive on money in other sales when there is no evidence to the contrary and other factors regarding on money ..... added to the income of the assessee as the same cannot be termed as "undisclosed income" within the meaning of s. ..... service of liquor though the assessee is dealing in liquor.reception was held in a shamiyana and .....