CIT v. Contimeters Electricals (P.) Ltd.

317 ITR 249High Court2009#724 most cited

What is CIT v. Contimeters Electricals (P.) Ltd. authority for?

The requirement to file an audit report along with the return of income under section 80-IA(7) and similar provisions is directory, not mandatory. Such a report suffices if filed at any time before the assessment is framed.

140

judgments rely on this decision, according to BharatTax’s citation analysis of 366,470 Indian tax judgments — from 2013 to 2026.

Also referred to as

Contimeters Electricals · section 80IA(7) · audit report filing · mandatory vs directory · along with return · before assessment · section 80IC · section 80J(6A) · Form 10CCB · deduction claim procedure

Issues it is cited on

Judgments citing CIT v. Contimeters Electricals (P.) Ltd.

Sh. Sanjeev Singh, Karnal vs. Pr. CIT, Karnal

In the result, the appeal filed by the assessee is allowed

ITA 1781/DEL/2016[2011-12]Status: DisposedITAT Delhi24 Apr 2019AY 2011-12

Bench: Shri R.K. Panda & Ms Suchitra Kambleassessment Year: 2011-12 Sanjeev Singh, Vs Pr. Cit, 861, Sector-9 U.E, Karnal. Karnal. Pan: Chkps0618H (Appellant) (Respondent) Assessee By : Dr. Rakesh Gupta, Shri Somil Aggarwal & Sobhit Revenue By : Shri Kanwaljit Singh, Cit, Dr Date Of Hearing : 13.02.2019 Date Of Pronouncement : 24.04.2019 Order Per R.K. Panda, Am: This Appeal Filed By The Assessee Is Directed Against The Order Dated 3Rd February, 2016 Passed U/S 263(1) Of The It Act, 1961 By The Pcit, Karnal, Relating To Assessment Year 2011-12. 2. Facts Of The Case, In Brief, Are That The Assessee Is An Individual & Filed His Return Of Income On 6Th July, 2011 Declaring Total Income Of Rs.1,58,105/- & Agricultural Income Of Rs.5 Lakhs. The Assessing Officer Completed The Assessment U/S 143(3) On 10Th January, 2014 Determining The Total Income Of The Assessee At Rs.6,30,545/- & Agricultural Income Of Rs.5 Lakhs. Subsequently, The Ld.Cit Issued

For Appellant: Dr. Rakesh GuptaFor Respondent: Shri Kanwaljit Singh, CIT, DR
Section 143(3)Section 263Section 263(1)

…IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH : F : NEW DELHI BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER AND MS SUCHITRA KAMBLE, JUDICIAL MEMBER Assessment Year: 2011-12 Sanjeev Singh, Vs Pr. CIT, 861, Sector-9 U.E, Karnal. Karnal. PAN: CHKPS0618H (Appellant) (Respondent) Assessee by : Dr. Rakesh Gupta, Shri Somil Aggarwal & Sobhit Revenue by : Shri Kanwaljit Singh, CIT, DR Date of Hearing : 13.02.2019 Date of Pronouncement : 24.04.2019 ORDER PER R.K. PANDA, AM: This appeal filed by the assessee is directed against the order dated 3rd February, 2016 passed u/s 263(1) of the IT Act, 1961 by the PCIT, Karnal, r…