Judgment Search Results Home > Cases Phrase: income tax act 1961 chapter xix a settlement of cases Page 11 of about 1,722 results (0.061 seconds)

The Commissioner of Income Tax, Karnataka (Central) Vs. M/s. RNS Infra ...

Court : Karnataka

..... respondent and the residential premises of its directors, by the income tax department, in exercise of power under section 132 of the income tax act, 1961 (hereinafter referred to as the it act', for brevity) as on 16.2.2012. it transpires that incriminating material regarding undisclosed income was found and seized. the assessing officer is said to ..... have initiated proceedings under section 153a of the it act, for the assessment years 2006 - ..... subsequent to the receipt of an application by the settlement commission 65. under the existing provisions of sub-section (1) of section 245d of the income-tax act, the settlement commission, on receipt of an application under section 245c, has to call for a report from the commissioner and on the basis .....

The Commissioner of Income Tax Vs. M/S Rns Infrastructure Limited

Court : Karnataka

..... and the residential premises of its directors, by the income tax department, in exercise of power under section 132 of the income tax act, 1961 (hereinafter referred to as the it act , for brevity) 3 as on 16.2.2012. it transpires that incriminating material regarding undisclosed income was found and seized. the assessing officer is said ..... to have initiated proceedings under section 153a of the it act, for the assessment years 2006 - ..... subsequent to the receipt of an application by the settlement commission 65. under the existing provisions of sub-section (1) of section 245d of the income-tax act, the settlement commission, on receipt of an application under section 245c, has to call for a report from the commissioner and on the basis of .....

Motorola Inc., Erisson Radio Vs. Deputy C.i.T.

Court : Income Tax Appellate Tribunal ITAT Delhi

Reported in : (2005)96TTJ(Delhi)1

..... given careful thought to the submissions advanced before us by the parties. we have also examined the relevant statutory provisions of the indian income-tax act, 1922 (old act) as also of the income-tax act, 1961 (new act) to which our attention was drawn. we have also considered the case law cited before us. it is an admitted position that ..... the issues involved, a request was made to the hon'ble president to refer the matter to a special bench under section 255(4) of the income tax act, 1961 (the act). the president, i.t.a.t after considering the facts and circumstances of the case, decided to constitute a special bench.the following question was ..... ", we refer to the following comparative provisions of the two acts i.e. old and new:the indian income-tax act. 1922. income-tax act, 1961.section 22(1) the income-tax officer section 139(1) every person, if his totalshall, on or before the 1st day of may income or the total income of any otherin each year, give notice, by publication person .....

Arora Fibres Ltd. Vs. Union of India (Uoi) and ors.

Court : Mumbai

Reported in : 2010(1)BomCR505

..... of any officer of customs or central excise officer as the case may be under the customs act or central excise act in relation to the case.9. the income tax act has also similar provisions in the matter of settlement. a similar provision under that act had come up for interpretation in c.i.t. v. anjum h. ghaswala and ors. ..... is what the court observed:13. the commission's power of settlement has to be exercised in accordance with the provisions of the act. though the commission has sufficient elbowroom in assessing the income of the applicant and it cannot make any order with a term of settlement which would be in conflict with the mandatory provisions of ..... the act like in the quantum and payment of tax and the interest. the object of the legislature, as noted by the constitution bench, in .....

Commissioner of Income Tax Vs. Vysya Bank Ltd. and anr.

Court : Karnataka

Reported in : (2005)198CTR(Kar)450

..... 2000 passed by the settlement commission functioning under chapter xix-a of the it act, 1961 (for short 'the act'), an order which is at an intermediate stage and even during the pendency of the proceedings before the settlement commission, at the instance of the cit, karnataka.2. the impugned order is according to the petitioner not proper or ..... one which virtually seeks to assume jurisdiction by the commission when it could not have done so under the statutory provisions, particularly, under section 245c(1) of the act and, therefore, the need for the ..... the various statutory appellate authorities; the assesses-bank had found it appropriate to invoke the jurisdiction of the settlement commission under chapter xix-a of the act by making an application for settlement of the cases and it is in the context of such application under section 245c(1) that controversy had arisen.4 .....

R.i. Chadha and ors. Vs. Income-tax Officer

Court : Punjab and Haryana

Reported in : (1987)63CTR(P& H)228; [1987]168ITR591(P& H)

..... some consequence raised in this petition under section 482, cr. p.c., relates to the interpretation and true scope of section 245f of the income-tax act, 1961 (for short, the act). the following undisputed facts give rise to it.2. the petitioner, a private limited company, and its three directors are sought to be prosecuted ..... one of the material directions contained in this order was as follows :'the income-tax officer may issue tax recovery certificate to the tax recovery officer in respect of arrear demands, if any, to save limitation under section 231 of the income-tax act. any coercive action in respect of disputed demand pertaining to the admitted assessment ..... , have, subject to the provisions of sub-section (3) of that section, exclusive jurisdiction to exercise the powers and perform the functions of an income-tax authority under this act in relation to the case. (3) notwithstanding anything contained in sub-section (2) and in the absence of any express direction to the contrary .....

Date of Decision : 5.8.2013 Vs. Union of India and Others

Court : Punjab and Haryana

..... . in this writ petition challenge has been made to the provisions of section 245d(2a) and section 245d(2d) and section 245ha of the income tax act, 1961 (hereinafter referred to as the act .) as substituted by an amendment by the finance act, 2007 with effect from 1.6.2007 being ultra vires.2. the premises of the petitioner were searched under section 132 of the ..... to the settlement commission and the assessing officer as per provisions of sub section (2a) of 245d of the act (prior to the amendment). it was further directed in case the additional amount is not paid within the time specified, the amount of income tax remaining unpaid together with interest payable thereon under sub section (2c) of section 245d would be recovered in .....

Mr. Hassan Ali Khan Vs. Settlement Commission,

Court : Mumbai

Reported in : (2008)217CTR(Bom)163; [2008]299ITR127(Bom)

..... the reasons for constitution of the bench and the material relied upon for that purpose has not been disclosed. on a consideration of section 245ba(5a) of the income tax act it is clear that power is conferred on the chairman for disposal of a particular case to constitute a special bench. the gravamen of the argument on behalf ..... petition no. 2423 of 2007 is concerned, the tests applicable for consideration of application under the wealth tax act are different from what has to be considered while dealing with the applications under the income tax act as in so far as wealth tax act is concerned, the application is based on the assets disclosed. in our opinion this is besides the point ..... in writ petition no. 2421 of 2007 and writ petition no. 2422 of 2007 are under the provisions of the income tax act whereas the application in writ petition no. 2423 of 2007 was under the wealth tax act.4. the case of the petitioners is that at any stage of a case it was open under the provisions of .....

Commissioner of Income Tax, Bombay Vs. Damani Brothers

Court : Supreme Court of India

Reported in : [2002]254ITR91(SC); JT2002(5)SC14; (2002)3SCC124; 2002(1)LC427(SC)

..... appeal has been filed against the decision dated 15.4.1999 of theincome-tax settlement commission, additional bench, bombay. the saiddecision was rendered by the special bench of the income-tax settlementcommission constituted by the chairman in exercise of his powers under section245ba(5a) of the income-tax act (hereinafter referred to as 'the act'). thereference to the special bench was in respect of the following questions ..... beendisclosed before the assessing officer and the manner in which such income hasbeen derived, with the additional amount of income tax payable 'on such income'and with such further and other particulars as may be prescribed. sub-section(4) of section 245d enables the commission to pass, in accordance with theprovisions of the act, orders on 'matters covered by the application and anyother matter relating .....

Omkar S. Kanwar Vs. Union of India (Uoi)

Court : Gujarat

Reported in : (2000)4GLR2903

..... .t. 4 (s.c.). in the case before the supreme court, the provision that came up for consideration were those under chapter xx-c introduced in the income tax act enabling the tax authorities to acquire the properties intended to be sold for apparent under-value. by section 269rr chapter xx-a order, was made inapplicable to transfer of a immovable ..... property after 30.9.1986. the central board of direct taxes issued a circular which stated that with a view to achieve earlier finalisation under existing chapter xxa of the i.t.act, the board has decided w.e.f. 1.4.1996 that acquisition proceedings under section 269-c will ..... of the central excise rules. the objectives of promulgating kvs scheme by finance (no.2) act of 1998 are contained in finance minister budget speech of 1998, which is as under:-'litigation has been the bane of both direct and indirect taxes. a lot of energy of the revenue department is being frittered away in pursuing a large .....