Judgment Search Results Home > Cases Phrase: explosives act 1884 section 4 definitions Sorted by: old Court: income tax appellate tribunal itat chandigarh Year: 2006 Page 2 of about 13 results (0.604 seconds)

The A.C.i.T. Vs. Aggarwal Construction Co.

Court : Income Tax Appellate Tribunal ITAT Chandigarh

..... the total contract receipts at rs. 1,55,72,788 vide return of income filed on 27.3.2002. the assessing officer initialed penalty proceedings under section 271a of it act by stating that the assessee had not furnished the audit report along with the return of income. the assessing officer stated that the assessee is having ..... above circumstances, i see no justification for upholding levy of penalty in this case. the provisions which the revenue can rely upon is sub-section (2) of section 44aa of the act which enjoins upon the assessee to keep and maintain such books of account and other documents as may enable the assessing officer to compute his total ..... sheet and other documents as per the requirement of the provisions of law, clearly indicating the contravention of various provisions of the act like section 269ss, 269t, section 40(a)(3) and other provisions of the act.therefore, net accretion to the asset of the business could not be determined by the assessing officer on the basis of .....

Acit, Cc-iv Vs. Sweety Traders

Court : Income Tax Appellate Tribunal ITAT Chandigarh

..... . as such, it seems that the id cit(a) has not gone into merits of the case, specially when section 158 bb of the act speaks about any document.5. however, keeping in view the principles of natural justice that no person should be condemned unheard ..... merits of the case. thus, the finding of the ld cit(a) is not correct. our attention was invited to section 158 bb of the act. reliance was placed on the decision of the hon'ble jurisdictional high court pronounced in 265 itr 642 and 74 itd ..... off.2. the brief facts in the present appeal are that search was conducted on 23.2.2002. notice under section 158bc of the act was issued on 22.10.2003 as per which the assessee was required to file the return.the assessee filed the ..... .11.2003 declaring undisclosed income at rs. nil. the return filed by the assessee in response to notice under section 158bc of the income-tax act was in time. thereafter the assessing officer issued a detailed questionnaire.during the course of block assessment proceedings, the .....

The A.C.i.T., Range Vi Vs. Sh. Balbir Chand Maini

Court : Income Tax Appellate Tribunal ITAT Chandigarh

Reported in : (2007)111TTJ(Chd.)160

..... to bring to tax any other item of income which may have escaped assessment and which comes to his notice during the course of the proceedings under section 147 of the act. however, for this purpose, he cannot be allowed to make fishing inquiries to probe if any other income had escaped assessment or not. such inquiries ..... be decided whether a particular-income falls under the head "business income" or "income from other sources". the assessee was only sent on intimation under section 143(1) of the act and the question of examination of the material by the assessing officer did net arise at that stage. thus, there was no question of change of opinion ..... the return: (iii) such income has been made the subject of excessive relief under this act; or (iv) excessive loss or depreciation allowance or any other allowance under this' act has been computed.] 24. it is evident from the language of section 147 that the assessing officer is not only empowered to assess the income which had escaped .....