Section 147 - Judgment Search Results

income Tax Officer Vs. South India Corporation (A) Ltd.

Court: Income Tax Appellate Tribunal ITAT Pune

Reported in: (1995)53TTJ(Pune.)315

..... category of cases which can be reopened under the provisions of s 147 sec 147 applies only to those orders which are based upon the returns filed ..... by the procedure laid down in s 172 of the act 9 sec 147 of the act as it stood at the relevant time had cls ..... of income of a previous year sec 146 speaks of reopening the assessment at the instance of the assessee sec 147 is about reopening the assessment .....

Andhra Valley Power Supply Co. Ltd. Vs. Deputy Commissioner of Income- ...

Court: Mumbai

Reported in: (1995)53TTJ(Mumbai)647

..... supra was possible only by issuing a notice under s 147 b and not by issuance of notice under s 147 a sec 147 b permits reassessment if the assessing officer had in consequence ..... be corrected if error falls within the ambit of s 147 a it is to be corrected within the period prescribed sec 147 b stipulates a different limitation period if notice is issued .....

First Income-tax Officer Vs. South India Corporation (A) Ltd.,

Court: Income Tax Appellate Tribunal ITAT Pune

..... cases which can be reopened under the provisions of section 147 section 147 applies only to those orders which are based upon the ..... of the previous year in mind in wording section 147 15 if the language in section 147 a and b is seen closely it will ..... circular of the board constituted an information within the meaning of section 147 of the act in this regard the learned departmental representative .....

income-tax Officer Vs. Laxmi Narayan and Co.

Court: Income Tax Appellate Tribunal ITAT Kolkata

Reported in: (1995)54ITD671(Kol.)

..... s power to convert a reassessment made under section 147 a as having been made under section 147 b and the order of the tribunal ..... through the inspector the conditions for reopening the assessment under section 147 a cannot be said to have been fulfilled in the ..... acquired jurisdiction in this case of reopening the assessment under section 147 a 148 on the basis of specific reliable and relevant .....

inspecting Assistant Vs. Lok Prakashan Ltd.

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (1996)56ITD254(Ahd.)

..... not justified in initiating the reopening proceedings it was further contended that provisions of section 147 to section 151 deal also with the jurisdictions of assessing officer so far as reassessment proceedings ..... of the authority reopening the proceedings and those fetters are contained in sections 147 and 148 read with section 151 the validity of notice was treated as one of the fundamental .....

Empire Stores Vs. Income-tax Officer

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (1996)56ITD108(Delhi)

..... referred to above look similar to the conditions provided in amended clause a of section 147 under that section the assessing officer could initiate action by only showing reasons to believe and it ..... necessary conditions laid therein are satisfied the learned ar submitted that before the provisions of section 147 could come to the assistance of the assessing officer it was required to be satisfied .....

First Income-tax Officer Vs. South India Corpn. (A) Ltd.

Court: Mumbai

Reported in: [1995]55ITD1(Mum)

..... which can be re opened under the provisions of section 147 section 147 applies only to those orders which are based upon the returns ..... income of the previous year in mind in wording section 147 7 if the language in section 147 a and v is seen closely it will be ..... the validity of the order of the income tax officer under section 147 re opening the assessment and vacate that of the commissioner appeals .....

Assistant Commissioner of Vs. Manmohan D. Mehta

Court: Income Tax Appellate Tribunal ITAT Ahmedabad

Reported in: (1996)57ITD461(Ahd.)

..... assessment year an assessment is made for the first time under section 147 the assessment so made shall be regarded as a regular assessment ..... assessment year an assessment is made for the first time under section 147 the assessment so made shall be regarded as a regular ..... assessment year an assessment is made for the first time under section 147 the assessment so made shall be regarded as a regular .....

Malhar Rao Tatya Saheb Holkar Vs. Income-tax Officer.

Court: Income Tax Appellate Tribunal ITAT Indore

Reported in: (1995)54ITD562Indore

..... filing of the return of income would not justify action under section 147 according to him before initiating action under section 147 the assessing officer is required to record reasons for the belief ..... the reason the assessing officer was perfectly justified in initiating action under section 147 and issuing notice under section 148 10 we have considered the rival submissions and have gone through .....

Gurujyothi Enterprises Vs. First Income-tax Officer

Court: Income Tax Appellate Tribunal ITAT

Reported in: (1996)56ITD117(Bang.)

..... has firstly challenged the validity of the reassessment proceedings under section 147 amp as has been discussed by us above after completion ..... good for the purpose of initiation of reassessment proceedings under section 147 4 the earlier law laid down by the supreme court ..... the basis of which the ito reopened the proceedings under section 147 6 viz that income of the assessee had escaped assessments .....