Section 245c - Judgment Search Results

In Re; Damani Brothers

Court: Income Tax Appellate Tribunal ITAT IT

Reported in: (1999)238ITR36ITAT

..... mandate the survival of assessment orders passed before filing of application under section 245c sub section 3 of section 244a and section 240 mandate the survival of recovery of regular demand after the admission ..... stage the tax on the admitted undisclosed income as computed in accordance with sub section 1c of section 245c becomes payable in the second stage the demand arises after the passing of .....

Kotak Mahindra Bank Limited Vs. Commissioner Of Income Tax Bangalore

Court: Supreme Court of India

..... procedure to be followed by the commission on receiving an application for settlement under section 245c sub section 1 of section 245c enables the commission to call for a report from the commissioner on the ..... to tax income in addition to the income recorded in the return of income section 245c read with section 245h only contemplates full and true disclosure of income to be made before the .....

Brij Lal and ors. Vs. Commissioner of Income Tax, Jalandhar.

Court: Supreme Court of India

Reported in: (2011)1SCC1

..... the assessed tax as defined in the explanation to section 234b 1 14 as held hereinabove under section 245c 1 read with section 245c 1b ii and section 245c 1c b the additional amount of income tax ..... total income in the manner indicated under chapter xix a vide sections 245c 1b and 245c 1c read with the provisos to section 245c 1 on the additional income tax payable on the undisclosed income .....

Airtech Pvt. Ltd., Harichand Vs. Income-tax Settlement

Court: Income Tax Appellate Tribunal ITAT IT

..... related to more than one previous year was redundant in so far as section 245c 1 was concerned as section 245c 1 related to a single assessment year it could be relevant he said ..... income disclosure can be for one year or for more than one year accordingly section 245c 1b to 245c 1d provide for the computation of additional tax in two different situations thus neither .....

Star Television News Limited Vs. Union of India (Uoi) Through the Secr ...

Court: Mumbai

Reported in: 2009(111)BomLR3617; (2009)225CTR(Bom)140; [2009]317ITR66(Bom); [2009]184TAXMAN400(Bom)

..... from paying the tax due and that the object of the legislature in introducing this section section 245c is to see that the protracted proceedings before the authorities or in courts are avoided ..... 54 by reading the words any other application made under section 245c in section 245ha 1 iv as any other application made under section 245c where due to reasons attributable to the assessee this court .....

Commissioner of Income Tax Vs. Income Tax Settlement Commission and or ...

Court: Delhi

..... the settlement commission on receipt of an application under section 245c section 245d 1 stipulates that on receipt of an application under section 245c the settlement commission is required to within seven days ..... the application and the proof of such payment should be attached with the application section 245c 1 stipulates that when such an application is received by the settlement commission for .....

The Commissioner of Income Tax Vs. Income Tax Settlement Commission, A ...

Court: Chennai

Reported in: (2008)214CTR(Mad)155; [2009]310ITR10(Mad); (2008)1MLJ214

..... in the said case the supreme court while noticed section 245c held as follows 10 section 245c provides for filing of an application by an assessee ..... is necessary to bear in mind the language of sub section 1 of section 245c it provides that at any stage of a case relating ..... following observation was made by the supreme court 12 sub section 1 of section 245c makes it clear that at any stage of a case .....

Mukesh Kumar and ors. Vs. Commissioner of Income Tax and ors.

Court: Patna

..... of a commission to be called the income tax settlement commission sec 245c of the act provides for filing of an application for ..... application exceeds fifty thousand rupees sec 245d provides the procedure on receipt of an application under s 245c of the act and runs ..... the places at which the benches shall hold their sittings sec 245h of the act provides regarding power of settlement commission .....

r.t. Industries & Ors vs.income Tax Settlement Commission & Anr.

Court: Delhi

..... making necessary disclosures as required therein there are also additional requirements of sub section 1 of section 245c such as payment of requisite tax and interest thereon which would have been ..... the legal requirements and more particularly the two pre conditions mentioned in sub section 1 of section 245c of the act we must affirmatively acknowledge and accept that the settlement commission .....

Principal Commissioner of Income Tax-9 vs.om Prakash Jakhotia & Anr.

Court: Delhi

..... itsc with an application on 29 10 2013 in the application under section 245c of the act the disclosure made was of the income to the ..... a cbdt circular dated 10 03 2003 4 the disclosure made under section 245c of the act before the settlement commission on 31 10 2013 was ..... this did not amount to true and full disclosure as required by section 245c 1 6 on 30 12 2013 the jakhotia s application was allowed .....