Court : Karnataka Dharwad
..... per section 2(16) of the income tax act, 1961 commissioner means a person appointed to be principal director of income tax. there is no explicit definition of 'commissioner' in the act, but as per the section 2(15) of the act definition of 'commissioner' can be referred as provided in income tax act, 1961. definition of the 'commissioner' provided in section 2(16) of income tax act, 1961 is applicable in the present context as ..... . it is to be noted that hon. madras high court in its judgment in krishnaswamyvijaykumar (2017) case has ruled that principal director of income tax has sufficient jurisdiction to proceed with the prosecution proceedings u/s 279 of the income tax act, 1961.10) even though the accused was one of the beneficial owners of a bank account located outside india in ubs, singapore, he has .....
Tag this Judgment!Court : Karnataka Dharwad
..... per section 2(16) of the income tax act, 1961 commissioner means a person appointed to be principal director of income tax. there is no explicit definition of 'commissioner' in the act, but as per the section 2(15) of the act definition of 'commissioner' can be referred as provided in income tax act, 1961. definition of the 'commissioner' provided in section 2(16) of income tax act, 1961 is applicable in the present context as ..... . it is to be noted that hon. madras high court in its judgment in krishnaswamyvijaykumar (2017) case has ruled that principal director of income tax has sufficient jurisdiction to proceed with the prosecution proceedings u/s 279 of the income tax act, 1961.10) even though the accused was one of the beneficial owners of a bank account located outside india in ubs, singapore, he has .....
Tag this Judgment!Court : Karnataka Dharwad
..... per section 2(16) of the income tax act, 1961 commissioner means a person appointed to be principal director of income tax. there is no explicit definition of 'commissioner' in the act, but as per the section 2(15) of the act definition of 'commissioner' can be referred as provided in income tax act, 1961. definition of the 'commissioner' provided in section 2(16) of income tax act, 1961 is applicable in the present context as ..... . it is to be noted that hon. madras high court in its judgment in krishnaswamyvijaykumar (2017) case has ruled that principal director of income tax has sufficient jurisdiction to proceed with the prosecution proceedings u/s 279 of the income tax act, 1961.10) even though the accused was one of the beneficial owners of a bank account located outside india in ubs, singapore, he has .....
Tag this Judgment!Court : Karnataka Dharwad
..... per section 2(16) of the income tax act, 1961 commissioner means a person appointed to be principal director of income tax. there is no explicit definition of 'commissioner' in the act, but as per the section 2(15) of the act definition of 'commissioner' can be referred as provided in income tax act, 1961. definition of the 'commissioner' provided in section 2(16) of income tax act, 1961 is applicable in the present context as ..... . it is to be noted that hon. madras high court in its judgment in krishnaswamyvijaykumar (2017) case has ruled that principal director of income tax has sufficient jurisdiction to proceed with the prosecution proceedings u/s 279 of the income tax act, 1961.10) even though the accused was one of the beneficial owners of a bank account located outside india in ubs, singapore, he has .....
Tag this Judgment!Court : Karnataka Dharwad
..... per section 2(16) of the income tax act, 1961 commissioner means a person appointed to be principal director of income tax. there is no explicit definition of 'commissioner' in the act, but as per the section 2(15) of the act definition of 'commissioner' can be referred as provided in income tax act, 1961. definition of the 'commissioner' provided in section 2(16) of income tax act, 1961 is applicable in the present context as ..... . it is to be noted that hon. madras high court in its judgment in krishnaswamyvijaykumar (2017) case has ruled that principal director of income tax has sufficient jurisdiction to proceed with the prosecution proceedings u/s 279 of the income tax act, 1961.10) even though the accused was one of the beneficial owners of a bank account located outside india in ubs, singapore, he has .....
Tag this Judgment!Court : Karnataka Dharwad
..... per section 2(16) of the income tax act, 1961 commissioner means a person appointed to be principal director of income tax. there is no explicit definition of 'commissioner' in the act, but as per the section 2(15) of the act definition of 'commissioner' can be referred as provided in income tax act, 1961. definition of the 'commissioner' provided in section 2(16) of income tax act, 1961 is applicable in the present context as ..... . it is to be noted that hon. madras high court in its judgment in krishnaswamyvijaykumar (2017) case has ruled that principal director of income tax has sufficient jurisdiction to proceed with the prosecution proceedings u/s 279 of the income tax act, 1961.10) even though the accused was one of the beneficial owners of a bank account located outside india in ubs, singapore, he has .....
Tag this Judgment!Court : Karnataka
..... recording of reasons and discourse thereof is not a mere formality.(para 11&13) ii) darshan jitendra jhaveri vs commissioner of income tax (international) (2022) taxmann.com43(bombay) 134: section 127 of the income-tax act, 1961 - income-tax authorities - power to transfer cases - (general) - a search & seizure action under section 132 was conducted in case ..... sheets and diary have any evidentiary value?.2) whether centralization is in violation of section 127 of the income tax act, 1961, is valid?.3) whether the notice under section 153c of the income tax act, 1961 is valid herein?. as regards question no.1: upon reading the material provided and the order of the ..... this court has extensively addressed the scope of sections 153c read with section 153a of the income tax act, 1961. the headnote of the said judgment reads thus: section 153c, read with section 153a, of the income-tax act, 1961 search and seizure assessment of any other person (satisfaction note) assessment year 2011-12 whether .....
Tag this Judgment!Court : Karnataka
..... recording of reasons and discourse thereof is not a mere formality.(para 11&13) ii) darshan jitendra jhaveri vs commissioner of income tax (international) (2022) taxmann.com43(bombay) 134: section 127 of the income-tax act, 1961 - income-tax authorities - power to transfer cases - (general) - a search & seizure action under section 132 was conducted in case ..... sheets and diary have any evidentiary value?.2) whether centralization is in violation of section 127 of the income tax act, 1961, is valid?.3) whether the notice under section 153c of the income tax act, 1961 is valid herein?. as regards question no.1: upon reading the material provided and the order of the ..... this court has extensively addressed the scope of sections 153c read with section 153a of the income tax act, 1961. the headnote of the said judgment reads thus: section 153c, read with section 153a, of the income-tax act, 1961 search and seizure assessment of any other person (satisfaction note) assessment year 2011-12 whether .....
Tag this Judgment!Court : Karnataka
..... recording of reasons and discourse thereof is not a mere formality.(para 11&13) ii) darshan jitendra jhaveri vs commissioner of income tax (international) (2022) taxmann.com43(bombay) 134: section 127 of the income-tax act, 1961 - income-tax authorities - power to transfer cases - (general) - a search & seizure action under section 132 was conducted in case ..... sheets and diary have any evidentiary value?.2) whether centralization is in violation of section 127 of the income tax act, 1961, is valid?.3) whether the notice under section 153c of the income tax act, 1961 is valid herein?. as regards question no.1: upon reading the material provided and the order of the ..... this court has extensively addressed the scope of sections 153c read with section 153a of the income tax act, 1961. the headnote of the said judgment reads thus: section 153c, read with section 153a, of the income-tax act, 1961 search and seizure assessment of any other person (satisfaction note) assessment year 2011-12 whether .....
Tag this Judgment!Court : Karnataka
..... . [(2007) 2 scc326 a similar situation arose for the interpretation of this court regarding the scope and ambit of section 154 of the income tax act, 1961 vesting the power of rectification as against the power vested under section 263 of the income tax act, which is a power of revision. while examining the scope of the power of rectification under section 154 as against the power ..... loss of rs.21,72,53,709/-.... petitioners return was selected for the purpose of scrutiny and consequently, notice was issued under section 143(2) of the income tax act, 1961 (for short act 1961) further, followed by another notice under section 142(4) of the act. in the process of assessment, a reference was made to the transfer presiding officer (tpo) under section 92ca of the .....
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