High Court Act 1961 Section 9 - Judgment Search Results

Chetna Enterprises Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Patna

Reported in : (1997)63ITD257(Pat.)

..... high court decision in c t laxmandas s case supra where this matter directly cropped up of decision and in the headnote it is stated as follows section 55a of the income tax act 1961 ..... of the word income as used in the income tax act 1961 9 the word income is defined inclusively in section 2 24 of the act we reproduce below for easy reference and clarity the .....

Tata Yodogwa Ltd. Vs. Deputy Commissioner of

Court : Income Tax Appellate Tribunal ITAT Patna

Reported in : (1998)67ITD174(Pat.)

..... that when the patna high court gave favourable order and the liability had become non existent the same had been added to the profit and loss account as provided under section 41 1 of the it act for the assessment year ..... have been deducted from profit as per provisions of section 32ab 3 a of it act 1961 the assessee has quoted circular no 461 dated 9 7 1986 as has been quoted from the schedule .....

Dy. Commissioner of Income-tax, Vs. Sri Narendra Mohan Bagroy

Court : Income Tax Appellate Tribunal ITAT Patna

Reported in : (2004)90ITD90(Pat.)

..... court it follows that an income tax officer acquires jurisdiction to reopen an assessment under section 147 a read with section 148 of the income tax act 1961 ..... a reference the high court held that the reassessment was valid and that the officer had acted rightly in giving ..... etc of material facts resulting in escapement of income ix for determining whether initiation of reassessment proceeding was .....

Deputy Commissioner of Income Tax Vs. Narendra Mohan Bagroy

Court : Income Tax Appellate Tribunal ITAT Patna

Reported in : (2004)84TT(JP.)at570

..... mewal das supra their lordships of the supreme court held as under the reasons for the formation of the belief contemplated by section 147 a of the it act 1961 for the reopening of an assessment must have a ..... by the hon ble calcutta high court in the case of ramnarain bhojnagarwalla v ito and anr 1970 77 ..... could reopen the case ix the sufficiency or the correctness of the material is not a thing to be .....

Assistant Commissioner of Vs. Nageshwar Prasad

Court : Income Tax Appellate Tribunal ITAT Patna

..... legal representative is permissible under law 7 now coming to the i t act 1961 i have got the allahabad high court decision in kalavati devi s case supra facts of that case appear ..... time expires on 23 9 1979 whereas the penalty order was passed on 23 3 1986 thus penalty proceedings were barred under section 275 of the i t act thus i hold in .....

Sona Construction Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Patna

Reported in : (1998)64ITD1(Pat.)

..... this is also not the ground for cancelling the assessment under section 263 of income tax act 1961 9 for that the order under section 263 is otherwise is bad in fact and law and ..... i therefore follow the decision of the hon ble madhya pradesh high court in the case of prem syndicate supra calcutta high court in the case of bagsu devi bafna supra and remand the .....

Assistant Commissioner of Vs. Kumar Ice

Court : Income Tax Appellate Tribunal ITAT Patna

Reported in : (1998)64ITD93(Pat.)

..... from the decision of the orissa high court refusing to direct the tribunal to state a case under section 256 2 of the act for reference of certain questions ..... reference to third members as laid down in sub section 4 of section 255 of the income tax act 1961 the points for reference are as under a whether ..... each of them name date amount 1 k k singh 23 9 85 rs 9 000 2 do 31 3 86 rs 4 500 3 jaykumar .....

Smt. Sunita Verma Vs. Income-tax Officer

Court : Income Tax Appellate Tribunal ITAT Patna

Reported in : (1993)44ITD661(Pat.)

..... the it act 1961 can only be considered for adjustments and it does not foster the idea of disallowance of expenditure on estimate this view is fortified by the hon ble bombay high court cited ..... business income if the information is available in the return or the accompanying documents ix deduction under section 80c in respect of provident fund contribution or life insurance premia or nsc vi .....

Shah Traders Vs. Deputy Commissioner of

Court : Income Tax Appellate Tribunal ITAT Patna

Reported in : (1996)56ITD33(Pat.)

..... this connection we also considered the provisions of section 276 of the income tax act 1961 which prescribes only monetary fines for the offences ..... le the sales tax act was under consideration it also could not have been considered by the madhya pradesh high court in the above ..... facts and circumstances showing mere minor or technical breach of law 9 we have now to examine whether in the present case .....

Magniram Baijnath Vs. Wealth-tax Officer

Court : Income Tax Appellate Tribunal ITAT Patna

Reported in : (1996)56ITD97(Pat.)

object behind this clause the full bench of the kerala high court has set out the memorandum in the judgment under be payable on them 16 the decision of the supreme court in the case of cws india ltd supra has been read with section 5 1 a of the wealth tax act 1957 financial assets in excess of rs 5 lakhs were no specific provision for charging wealth tax in the sub section itself thus the treatment should be same as the treatment to the assessing officer to recompute the wealth tax accordingly 9 1n support of his contention the learned counsel for the