Section 147 - Judgment Search Results

The Commissioner of Income Tax-v Vs. Orient Craft Ltd.

Court: Delhi

..... the assessing officer could have jurisdiction to issue notice under section 148 read with section 147 a but under the substituted section 147 existence of only the first condition suffices in other words ..... reassessment proceedings only so long as the ingredients of section 147 are fulfilled and with reference to section 143 1 visa vis section 147 the only ingredient is that there should be reason .....

Moser Baer India Limited Vs. Deputy Commissioner of Income Tax and ors ...

Court: Delhi

..... that the income for such assessment year has escaped assessment however the proviso to section 147 restricts the powers of the assessing officer to initiate reassessment proceedings beyond 4 years ..... that nil deduction was claimed with respect to one unit therefore the reassessment under section 147 is unjustifiable the petitioner relied on calcutta discount company limited v income tax officer .....

Ms.Arun Excello Foundations Private Ltd. Vs. the Deputy Commissioner o ...

Court: Chennai

..... necessary for its assessment for the assessment year under consideration the assumption of jurisdiction under section 147 of the act after the expiry of four years from the end of the ..... original assessment proceedings and therefore reassessment proceedings had been initiated as per the proviso to section 147 of the act as such the contention of the petitioner that the proceedings initiated by .....

The Commissioner of Income Tax Vs. Ms. Eco Media (P) Limited

Court: Chennai

..... or to disclose fully and truly all material facts necessary for assessment explanation 1 of section 147 states that mere production of books of accounts and other evidence from which material ..... is absolutely no material to indicate that basic facts necessary for assumption of jurisdiction under section 147 of the act is absent in this case consequently applying the decisions referred to above .....

Ms.Doshi Housing Limited. Vs. the Assistant Commissioner of Income Tax

Court: Chennai

..... necessary for its assessment for the assessment year under consideration the assumption of jurisdiction under section 147 of the act after the expiry of four years from the end of the ..... original assessment proceedings and therefore reassessment proceedings had been initiated as per the proviso to section 147 of the act as such the contention of the petitioner that the proceedings initiated by .....

The Commissioner of Income Tax and Another Vs. M/S Standard Chartered ...

Court: Karnataka

..... namely if we were to analyze the circumstances in which section 147 of the income tax act could be invoked there is ..... it may be argued that thereafter recourse could be taken to section 147 provided fresh material had been received by the assessing officer ..... finalised by the assessing officer there was no scope for invoking section 147 the pending proceedings are quashed since this aspect of the .....

Atomstroyexport a Joint Stock Company Vs. the Deputy Director of Incom ...

Court: Mumbai

..... is unable to accept that there was failure to comply with requirements of section 147 the relevant portion of section 147 of the act reads as follows 8220 if the ao has reason to ..... schematic interpretation to the words 8220 reasons to believe 8221 failing which we are afraid section 147 would give arbitrary powers to the assessing officer to reopen assessments on the basis of .....

National Insurance Company Ltd. Vs. Balakrishnan and ors.

Court: Supreme Court of India

..... obligations relatable to third parties are created only by fiction of sections 147 and 149 of the act in the said case it has ..... dealing with the said liability the bench analysed the language employed under section 147 1 of the act and observed as follows the object of ..... workmen s compensation act 1923 therefore on a plain reading of section 147 of the act it appears to be clear that the insurance .....

Parapatty Suresh @ Sureshkumar and Others Vs. the Commissioner of Poli ...

Court: Chennai

Reported in: 2012(2)LW(Crl)597; 2013(1)MWN(Cr)1; 2012(4)MLJ(Crl)449

..... anticipatory bail in salem city central crime branch crime number 32 of 2011 under sections 147 148 447 109 386 467 506 ii ipc and section 3 1 of tnpp d l act 1994 and granted bail in salem city central ..... ipc and salem city central crime branch crime no 41 of 2011 under sections 147 148 447 386 387 307 506 i ipc and section 3 1 of tnpp d l act 1994 which involved similar offences to thiru veerapandi .....

The Commissioner of Income Tax, Kottayam Vs. Jose Kuruvinakunnel, Kott ...

Court: Kerala

..... recorded in the assessment order are sufficient to justify reopening of completed assessment under section 147 for detailed examination as to whether there has been escapement of income in the ..... original assessment certainly discovery of such materials offer sufficient ground of reopen assessment under section 147 of the act however the detailed question whether the assets found or investments made .....