Erroneous - Judgment Search Results

Sigma Search Lights Ltd. Vs. Income Tax Officer

Court: Income Tax Appellate Tribunal ITAT Kolkata

Reported in: (2004)82TTJ(Kol.)956

..... opinion that the assessment has been completed without proper enquiries and investigations the assessment is erroneous in so far as it is prejudicial to the interest of revenue the learned cit ..... before completing the assessment therefore the learned cit is justified to consider the order as erroneous and prejudicial to the interest of revenue in support of his submission the learned departmental .....

Haryana State Co-op. Supply and Vs. Deputy Commissioner of

Court: Income Tax Appellate Tribunal ITAT Chandigarh

Reported in: (2004)90ITD551(Chd.)

..... interests of revenue has to be read in conjunction with an erroneous order passed by an assessing officer however every loss of ..... by the assessing officer it is only when an order is erroneous that the section will be attracted an incorrect assumption of ..... application of law will satisfy the requirement of the order being erroneous in the same category fall orders passed without applying the .....

Premier Automobiles Ltd. Vs. Income Tax Officer and anr.

Court: Mumbai

Reported in: (2003)182CTR(Bom)202; [2003]264ITR193(Bom)

..... valuing building plant and machinery and paint shop as depreciable assets and consequently he has erroneously made the assessee liable for short term gains without allocating the sale value to ..... did not transfer the liabilities of residual business mr dastur submitted that this finding was erroneous because the residual business consisted of manufacture of padmini cars which has never been .....

Asia Resort Ltd. Vs. Assistant Commissioner of Income

Court: Income Tax Appellate Tribunal ITAT Chandigarh

Reported in: (2004)85TTJ(Chd.)466

..... of volume 5 of income tax law by chaturvedi and pitisaria with regard to the erroneous nature of the assessment order the learned departmental representative pointed out that ao has ..... misplaced and assessment order on this point having being passed without any material was definitely erroneous one the learned departmental representative further submitted that since attribution of 45 per cent of .....

Jagatjit Industries Ltd. Vs. Dy. Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Delhi

..... reassessment order had been passed without making relevant enquiries and that the reassessment order was erroneous and prejudicial o the interest of the revenue f various observations made by the id ..... where the assessment is complete without any inquiry whatsoever an order of the assessment is erroneous and prejudicial to the interest of the revenue while exercising power to revise such assessment .....

Sunil Lamba Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2004)83TTJ(Delhi)174

..... order passed by the assessing officer cannot be said to be erroneous further even on merits the commissioner was not justified in assuming ..... order passed by the assessing officer cannot be said to be erroneous further even on merits the commissioner was not justified in ..... order passed by the assessing officer cannot be said to be erroneous merely because the assessing officer has not dealt with this .....

Sahara India Savings and Investment Vs. Asstt. Cit

Court: Income Tax Appellate Tribunal ITAT Lucknow

Reported in: (2004)90TTJLuck878

..... assessing officer had brought to the notice of commissioner that the order of assessment was erroneous and prejudicial to the interests of the revenue inasmuch as the assessing officer has left ..... purposes of calculating deduction under section 80hhc thus the commissioner held the order to be erroneous and prejudicial to the interests of the revenue according to the commissioner the amount of .....

K.C.K.A. Gupta Vs. Asstt. Cit

Court: Income Tax Appellate Tribunal ITAT Hyderabad

Reported in: (2004)90TTJ(Hyd.)555

..... to believe that the block assessment order passed by the assessing officer was both erroneous and prejudicial to the interests of revenue therefore to safeguard the interests of revenue ..... assessment proceedings the assessment made suffers from inadequate examination and enquiry which makes the assessment erroneous and this would be a valid ground for the commissioner to interfere under section .....

Dhruv N. Shah Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Mumbai

Reported in: (2004)88ITD188(Mum.)

..... facts or an incorrect application of law will satisfy the requirement of the order being erroneous orders passed without applying the principles of natural justice or without application of mind will ..... on this issue opined that it is well settled that unless the assessment order is erroneous and prejudicial to the interest of revenue revisional jurisdiction cannot be exercised under section 263 .....

Chroma Business Ltd. Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Kolkata

Reported in: (2004)82TTJ(Kol.)540

..... which any belief could be entertained prima facie or otherwise that the assessment made was erroneous or prejudicial to the interest of revenue the assessee further stated that merely because losses ..... fact is also evident from the assessment order which is considered by the cit as erroneous and prejudicial to the interest of the department the learned authorised representative of the assessee .....