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
..... department under the central excise act. the apex court holds the provisions of the sarfaesi act, 2002 will have overriding effect on the provisions of the central excise act. if the central excise act found in the judgment of the apex court is paraphrased with that of the income-tax department/dues under the income- tax act, the reasons so rendered by ..... the apex court would become applicable to the facts of the case at hand as well. the sub- registrar, though not in writing, orally refused to register the document on the score that dues of the income-tax department are pending against ..... denial of registration by respondent no.2 sub-registrar is that the dues of the income-tax department pending against the borrowers. in the considered view of this court, in the light of section 35 quoted supra of the sarfaesi act, 2002 the said reason though not in writing could not have been projected by the .....
Tag this Judgment!Court : Karnataka
..... a has committed criminal breach of trust.18. i consider that all companies and employers and those persons who collect taxes under an obligation of tax : laws are legally bound to deposit the same with income tax/sales tax departments. they hold money in trust and if they do not deposit the money with the concerned department as per ..... permits for importing spices 43 from outside the state. the high court had quashed the first information report by expressing its opinion that under the sales tax act, only bureau of investigation constituted by the state government can conduct the investigation or hold inquiry and police officer cannot register first information report for the ..... otherwise dealt according to the provisions contained in the code, set-aside the order passed by the high court on the ground that the provisions of the sales tax act did not provide the police officer to register a case and investigate in respect of the offence under the penal code. 4422. the hon'ble supreme court .....
Tag this Judgment!Court : Karnataka Dharwad
..... that the grounds mentioned in the reassessment order is not one of the grounds mentioned in section 6(2) of kteg act. referring to the law laid down by the apex court in the case of commissioner of income tax, delhi .vs. kelvinator india limited8, he would contend that reassessment has to be based on fulfillment of certain pre ..... process is to ensure that it is not initiated on the mere change of opinion by the 38 assessing authority. the apex court in commissioner of income tax, delhi .vs. kelvinator india limited15 has laid down this principle clearly. the apex court emphasized that reassessment should be made on tangible material that indicates an escape ..... constitution of india. to support his arguments, the learned advocate general has referred to the definition of prevailing market price under section 225 of karnataka value added tax act, 20 2003 which means wholesale price in force in the market.12. while countering the petitioner s reliance on the apex court judgment in m/s.hansa .....
Tag this Judgment!Court : Karnataka Dharwad
..... that the grounds mentioned in the reassessment order is not one of the grounds mentioned in section 6(2) of kteg act. referring to the law laid down by the apex court in the case of commissioner of income tax, delhi .vs. kelvinator india limited8, he would contend that reassessment has to be based on fulfillment of certain pre ..... process is to ensure that it is not initiated on the mere change of opinion by the 38 assessing authority. the apex court in commissioner of income tax, delhi .vs. kelvinator india limited15 has laid down this principle clearly. the apex court emphasized that reassessment should be made on tangible material that indicates an escape ..... constitution of india. to support his arguments, the learned advocate general has referred to the definition of prevailing market price under section 225 of karnataka value added tax act, 20 2003 which means wholesale price in force in the market.12. while countering the petitioner s reliance on the apex court judgment in m/s.hansa .....
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