CIT v. Jai Parabolic Springs Ltd.

306 ITR 42High Court2008#219 most cited

What is CIT v. Jai Parabolic Springs Ltd. authority for?

An assessee can make an additional claim for deduction or file a revised computation of income during assessment proceedings, even if a revised return of income has not been filed. Such additional claims or grounds can also be admitted at the appellate stage.

349

judgments rely on this decision, according to BharatTax’s citation analysis of 366,314 Indian tax judgments — from 2011 to 2026.

Also referred to as

Jai Parabolic Springs Ltd. · additional claim · revised computation of income · revised return not filed · assessment proceedings · additional grounds of appeal · section 139(1) · section 143(3) · section 254 · Goetz India Ltd.

Also reported as

172 Taxmann 258

Sections most often in play

Section 143(3)Section 147 Section 153A Section 153C Section 139(1)Section 143(1)Section 132 Section 254

Read the full judgment

Issues it is cited on

undisclosed foreign income and assets section 149(1)(c)section 4(2)section 201(3)section 158ba section 150 unexplained jewellery section 70 beyond four years section 18 section 149(1)(b)statement under section 132(4)

Judgments citing CIT v. Jai Parabolic Springs Ltd.

The Dy.CIT. Central Circle-1, Baroda vs. Manjulaben B. Patel Legal Heir of Shri Bipinbhai Prabhudas Patel, Baroda

ITA 40/AHD/2020[2016-17]Status: DisposedITAT Ahmedabad10 Sept 2024AY 2016-17

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…

The Dy.CIT. Central Circle-1, Baroda vs. Manjulaben B. Patel Legal Heir of Shri Bipinbhai Prabhudas Patel, Baroda

ITA 39/AHD/2020[2009-10]Status: DisposedITAT Ahmedabad10 Sept 2024AY 2009-10

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…

The Dy.CIT. Central Circle-1, Baroda vs. Manjulaben B. Patel Legal Heir of Shri Bipinbhai Prabhudas Patel, Baroda

ITA 38/AHD/2020[2008-09]Status: DisposedITAT Ahmedabad10 Sept 2024AY 2008-09

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…

The Dy.CIT. Central Circle-1, Baroda vs. Manjulaben B. Patel Legal Heir of Shri Bipinbhai Prabhudas Patel, Baroda

ITA 37/AHD/2020[2007-08]Status: DisposedITAT Ahmedabad10 Sept 2024AY 2007-08

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…

The Dy.CIT. Central Circle-1, Baroda vs. Manjulaben B. Patel Legal Heir of Shri Bipinbhai Prabhudas Patel, Baroda

ITA 36/AHD/2020[2006-07]Status: DisposedITAT Ahmedabad10 Sept 2024AY 2006-07

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…

The Dy.CIT. Central Circle-1, Baroda vs. Manjulaben B. Patel Legal Heir of Shri Bipinbhai Prabhudas Patel, Baroda

ITA 35/AHD/2020[2005-06]Status: DisposedITAT Ahmedabad10 Sept 2024AY 2005-06

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…

The Dy.CIT. Central Circle-1, Baroda vs. Manjulaben B. Patel Legal Heir of Shri Bipinbhai Prabhudas Patel, Baroda

ITA 34/AHD/2020[2004-05]Status: DisposedITAT Ahmedabad10 Sept 2024AY 2004-05

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…

The Dy.CIT. Central Circle-1, Baroda vs. Manjulaben B. Patel Legal Heir of Shri Bipinbhai Prabhudas Patel, Baroda

ITA 33/AHD/2020[2002-03]Status: DisposedITAT Ahmedabad10 Sept 2024AY 2002-03

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…

The Dy.CIT. Central Circle-1, Baroda vs. Manjulaben B. Patel Legal Heir of Shri Bipinbhai Prabhudas Patel, Baroda

ITA 32/AHD/2020[2001-02]Status: DisposedITAT Ahmedabad10 Sept 2024AY 2001-02

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…

The Dy.CIT. Central Circle-1, Baroda vs. Manjulaben B. Patel Lehal Heir of Shri Bipinbhai Prabhudas Patel, Baroda

ITA 31/AHD/2020[2000-01]Status: DisposedITAT Ahmedabad10 Sept 2024AY 2000-01

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…

Smt. Manjulaben B. Patel, Baroda vs. The Dy.CIT. Central Circle-1, Baroda

ITA 1915/AHD/2019[2016-17]Status: DisposedITAT Ahmedabad10 Sept 2024AY 2016-17

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…

Smt. Manjulaben B. Patel, Baroda vs. The Dy.CIT. Central Circle-1, Baroda

ITA 1914/AHD/2019[2009-10]Status: HeardITAT Ahmedabad10 Sept 2024AY 2009-10

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…

Smt. Manjulaben B. Patel, Baroda vs. The Dy.CIT. Central Circle-1, Baroda

ITA 1913/AHD/2019[2008-09]Status: HeardITAT Ahmedabad10 Sept 2024AY 2008-09

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…

Smt. Manjulaben B. Patel, Baroda vs. The Dy.CIT. Central Circle-1, Baroda

ITA 1912/AHD/2019[2007-08]Status: HeardITAT Ahmedabad10 Sept 2024AY 2007-08

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…

Smt. Manjulaben B. Patel, Baroda vs. The Dy.CIT. Central Circle-1, Baroda

ITA 1911/AHD/2019[2006-07]Status: HeardITAT Ahmedabad10 Sept 2024AY 2006-07

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…

Smt. Manjulaben B. Patel, Baroda vs. The Dy.CIT. Central Circle-1, Baroda

ITA 1910/AHD/2019[2005-06]Status: HeardITAT Ahmedabad10 Sept 2024AY 2005-06

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…

Smt. Manjulaben B. Patel, Baroda vs. The Dy.CIT. Central Circle-1, Baroda

ITA 1909/AHD/2019[2004-05]Status: HeardITAT Ahmedabad10 Sept 2024AY 2004-05

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…

Smt. Manjulaben B. Patel, Baroda vs. The Dy.CIT. Central Circle-1, Baroda

ITA 1908/AHD/2019[2003-04]Status: HeardITAT Ahmedabad10 Sept 2024AY 2003-04

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…

Smt. Manjulaben B. Patel, Baroda vs. The Dy.CIT. Central Circle-1, Baroda

ITA 1907/AHD/2019[2002-03]Status: HeardITAT Ahmedabad10 Sept 2024AY 2002-03

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…

Smt. Manjulaben B. Patel, Baroda vs. The Dy.CIT. Central Circle-1, Baroda

ITA 1906/AHD/2019[2001-02]Status: HeardITAT Ahmedabad10 Sept 2024AY 2001-02

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinha

…ors. i. Jute Corporation of India vs. CIT-187 ITR 688 (SC) ✓ National Thermal Power Corporation vs CIT-229 ITR 383 (SC); ii. CIT v. Mitesh Impex-(2014) 367 ITR 85 (Guj): iii. PCIT vs. UTI Bank-(2017) 398 ITR 514 (Guj): iv. CIT vs. Jai Parabolic Springs Ltd.-306 ITR 42 (Delhi): v. CIT vs. Pruthvi Brokers & Shareholders-349 ITR 336 (Bom): vi. CIT vs. Abhinitha Foundation P. Ltd.-396 ITR 251 (Madras 80. The Ld. Sr. Counsel submitted that the genuineness and quantification of the losses was not in dispute and it was well settled that only real income has to be taxed in the hands of the assessee, for which, reliance…