Estimation - Judgment Search Results

Dina Metal Ltd. Vs. Dy. Commissioner of Income-tax,

Court: Income Tax Appellate Tribunal ITAT Patna

..... o in the assessment order relating to sponge iron is reproduced hereunder item visual estimate visual estimate as per actual deemed seizure as per per panchanama per panchanama weighment under ..... his assessment order will perhaps facilitate to appreciate the entire disputed issue item visual estimate visual estimate as per actual deemed seizure as per per panchanama per panchanama weighment under .....

H.C. Chandna (P) Ltd. Vs. Dy. Cit

Court: Delhi

Reported in: (2004)91TTJ(Del)243

..... by the learned departmental representative on account of various reasons for estimating the sales and applying a higher gp rate of earlier ..... which though have all been disclosed yet the assessing officer estimated the higher gp rate for the entire block period up ..... these transactions cannot be treated as undisclosed transactions neither any estimate can be made as no other material or evidence was .....

G.C. Bafna Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Pune

Reported in: (2004)90ITD115(Pune.)

..... to the total withdrawals shown in the chart and the withdrawals estimated by the ao which is reproduced below the learned counsel ..... readily available however he submitted that the ao has made simply estimates which are not warranted in a block assessment 65 the ..... the appellant is unjust and improper the difference between the amount estimated by the ao and declared and admitted by the appellant .....

Dina Metal Ltd. Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT Patna

Reported in: (2004)84TT(JP.)at761

..... 1 600 mt the assessee had protested against the said visual estimate though made by an expert the department ultimately agreed to ..... determine the quantity of the seized stock on eye estimation consequent upon that eye estimation of the stock an inventory was prepared and ..... rmd raw material division telco were taken for the eye estimation of seized material before the actual weighment the extract of .....

Rajsheker R. Nadgoud and anr. Vs. State of Karnataka and anr.

Court: Karnataka

Reported in: AIR2004Kant126; 2003(6)KarLJ303

..... notification was to be the chairman of the committee the rules provided certain guidelines for estimating the market value of lands house sites buildings and properties other than lands house ..... committee under the chairmanship of inspector general of registration and the commissioner for stamps for estimation publication for revision of market value guidelines of property in any area in the state .....

Jagdish Lal Khurana Vs. Dy. Cit

Court: Income Tax Appellate Tribunal ITAT Amritsar

Reported in: (2004)87TTJ(Asr.)1059

..... were covered in the statement of peak period the assessing officer provided the assessee with estimate of household expenses under different heads which had been discussed in the block assessment order ..... words the assessing officer had not brought any material on record in support of his estimation the learned commissioner appeals also while confirming the action of the assessing officer simply .....

income Tax Officer Vs. Kunden Silk

Court: Income Tax Appellate Tribunal ITAT Pune

Reported in: (2003)87ITD165(Pune.)

..... deleting the penalty concluded that the entire addition was based on estimate shri g s singh learned cit departmental representative vehemently opposed ..... it was stated that the addition was not based on estimate besides the learned am was not correct in stating that ..... division bench the contention that the difference in stock was on estimated basis was accepted by the learned am therefore he did .....

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

Court: Income Tax Appellate Tribunal ITAT Hyderabad

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

..... the same should be upheld learned counsel for the assessee in his reply submitted that estimation is allowed under block assessment he once again demanded that the assessment records be ..... been discussed by the assessing officer in the assessment order nor the undisclosed income while estimating the business profit also the assessing officer has not quantified the undisclosed business transactions .....

Nagarika Seva Trust (R) and ors. Vs. State of Karnataka and ors.

Court: Karnataka

Reported in: 2003(4)KarLJ79

..... notification was to be the chairman of the committee the rules provided certain guidelines for estimating the market value of lands house sites buildings and properties other than lands house ..... committee under the chairmanship of inspector general of registration and the commissioner for stamps for estimation publication for revision of market value guidelines of property in any area in the state .....

Satyabhushan Vs. Deputy Commissioner of Income Tax

Court: Income Tax Appellate Tribunal ITAT

Reported in: (2004)84TTJ(Bang.)165

..... having failed to produce the same the ao was justified in estimating the expenses based on evidence found and collected by search ..... in total brokerage offered for taxation even the basis of estimate is not stated the ao has noted that accounting procedure ..... such investment and since seized material pointed to undisclosed income the estimate is justified 7 4 we have considered the rival submissions .....