Mahavir Metal Works v. CIT

92 ITR 513High Court1973#9953 most cited
11

judgments rely on this decision, according to BharatTax’s citation analysis of 292,668 Indian tax judgments — from 2008 to 2019.

Judgments citing Mahavir Metal Works v. CIT

SANJEEV JAIN,NEW DELHI vs. DCIT, CENTRAL CIRCLE, GHAZIABAD

In the result, the appeals of the assessee are allowed

ITA 6886/DEL/2018[2013-14]Status: DisposedITAT Delhi03 Jul 2019AY 2013-14

Bench: Shri H. S. Sidhu & Dr. B. R. R. Kumar

Section 143(3)Section 153ASection 271Section 271(1)(c)Section 271ASection 274

…8 6 " LMP Precision Engg. Vs. DCIT (Guj) 330 ITR " CIT Vs. Rakesh Suri (All.) 331 ITR 458 " Biiand Ram Hargan Das (All) 171 ITR 390 " Ravi and Co. Vs. ACIT (Mad.) 271 ITR 286 " Dayabhai Giridharbhai Vs, CIT (Bom) 32 ITR 677 " Mahavir Metal Work Vs. CIT (PAH) 92 ITR 513 5.9 In the latest judgement of Supreme Court in the case of Balrampur Chini Mills Ltd. Vs CIT (2017)(SC) 246 taxmann 373 (SC) it was held by the Apex court that additional income detected by the department and declared by the appellant, consequent to search action would attract penalty provisions u/S. 271(1)(c) of the Act. 5.10 Therefore, in view…

SANJEEV JAIN,NEW DELHI vs. DCIT, CENTRAL CIRCLE, GHAZIABAD

In the result, the appeals of the assessee are allowed

ITA 6885/DEL/2018[2012-13]Status: DisposedITAT Delhi03 Jul 2019AY 2012-13

Bench: Shri H. S. Sidhu & Dr. B. R. R. Kumar

Section 143(3)Section 153ASection 271Section 271(1)(c)Section 271ASection 274

…8 6 " LMP Precision Engg. Vs. DCIT (Guj) 330 ITR " CIT Vs. Rakesh Suri (All.) 331 ITR 458 " Biiand Ram Hargan Das (All) 171 ITR 390 " Ravi and Co. Vs. ACIT (Mad.) 271 ITR 286 " Dayabhai Giridharbhai Vs, CIT (Bom) 32 ITR 677 " Mahavir Metal Work Vs. CIT (PAH) 92 ITR 513 5.9 In the latest judgement of Supreme Court in the case of Balrampur Chini Mills Ltd. Vs CIT (2017)(SC) 246 taxmann 373 (SC) it was held by the Apex court that additional income detected by the department and declared by the appellant, consequent to search action would attract penalty provisions u/S. 271(1)(c) of the Act. 5.10 Therefore, in view…

SANJEEV JAIN,NEW DELHI vs. DCIT, CENTRAL CIRCLE, GHAZIABAD

In the result, the appeals of the assessee are allowed

ITA 6884/DEL/2018[2011-12]Status: DisposedITAT Delhi03 Jul 2019AY 2011-12

Bench: Shri H. S. Sidhu & Dr. B. R. R. Kumar

Section 143(3)Section 153ASection 271Section 271(1)(c)Section 271ASection 274

…8 6 " LMP Precision Engg. Vs. DCIT (Guj) 330 ITR " CIT Vs. Rakesh Suri (All.) 331 ITR 458 " Biiand Ram Hargan Das (All) 171 ITR 390 " Ravi and Co. Vs. ACIT (Mad.) 271 ITR 286 " Dayabhai Giridharbhai Vs, CIT (Bom) 32 ITR 677 " Mahavir Metal Work Vs. CIT (PAH) 92 ITR 513 5.9 In the latest judgement of Supreme Court in the case of Balrampur Chini Mills Ltd. Vs CIT (2017)(SC) 246 taxmann 373 (SC) it was held by the Apex court that additional income detected by the department and declared by the appellant, consequent to search action would attract penalty provisions u/S. 271(1)(c) of the Act. 5.10 Therefore, in view…

SANJEEV J AIN,NEW DELHI vs. DCIT, CENTRAL CIRCLE, GHAZIABAD

In the result, the appeals of the assessee are allowed

ITA 6883/DEL/2018[2010-11]Status: DisposedITAT Delhi03 Jul 2019AY 2010-11

Bench: Shri H. S. Sidhu & Dr. B. R. R. Kumar

Section 143(3)Section 153ASection 271Section 271(1)(c)Section 271ASection 274

…8 6 " LMP Precision Engg. Vs. DCIT (Guj) 330 ITR " CIT Vs. Rakesh Suri (All.) 331 ITR 458 " Biiand Ram Hargan Das (All) 171 ITR 390 " Ravi and Co. Vs. ACIT (Mad.) 271 ITR 286 " Dayabhai Giridharbhai Vs, CIT (Bom) 32 ITR 677 " Mahavir Metal Work Vs. CIT (PAH) 92 ITR 513 5.9 In the latest judgement of Supreme Court in the case of Balrampur Chini Mills Ltd. Vs CIT (2017)(SC) 246 taxmann 373 (SC) it was held by the Apex court that additional income detected by the department and declared by the appellant, consequent to search action would attract penalty provisions u/S. 271(1)(c) of the Act. 5.10 Therefore, in view…

SANJEEV J AIN,NEW DELHI vs. DCIT, CENTRAL CIRCLE, GHAZIABAD

In the result, the appeals of the assessee are allowed

ITA 6882/DEL/2018[2009-10]Status: DisposedITAT Delhi03 Jul 2019AY 2009-10

Bench: Shri H. S. Sidhu & Dr. B. R. R. Kumar

Section 143(3)Section 153ASection 271Section 271(1)(c)Section 271ASection 274

…8 6 " LMP Precision Engg. Vs. DCIT (Guj) 330 ITR " CIT Vs. Rakesh Suri (All.) 331 ITR 458 " Biiand Ram Hargan Das (All) 171 ITR 390 " Ravi and Co. Vs. ACIT (Mad.) 271 ITR 286 " Dayabhai Giridharbhai Vs, CIT (Bom) 32 ITR 677 " Mahavir Metal Work Vs. CIT (PAH) 92 ITR 513 5.9 In the latest judgement of Supreme Court in the case of Balrampur Chini Mills Ltd. Vs CIT (2017)(SC) 246 taxmann 373 (SC) it was held by the Apex court that additional income detected by the department and declared by the appellant, consequent to search action would attract penalty provisions u/S. 271(1)(c) of the Act. 5.10 Therefore, in view…

RISHABH BUILDWELL P.LTD,NEW DELHI vs. DCIT, CENTRAL CIRCLE, GHAZIABAD

In the result, the appeals of the assessee are allowed

ITA 6881/DEL/2018[2013-14]Status: DisposedITAT Delhi03 Jul 2019AY 2013-14

Bench: Shri H. S. Sidhu & Dr. B. R. R. Kumar

Section 143(3)Section 153ASection 271Section 271(1)(c)Section 271ASection 274

…8 6 " LMP Precision Engg. Vs. DCIT (Guj) 330 ITR " CIT Vs. Rakesh Suri (All.) 331 ITR 458 " Biiand Ram Hargan Das (All) 171 ITR 390 " Ravi and Co. Vs. ACIT (Mad.) 271 ITR 286 " Dayabhai Giridharbhai Vs, CIT (Bom) 32 ITR 677 " Mahavir Metal Work Vs. CIT (PAH) 92 ITR 513 5.9 In the latest judgement of Supreme Court in the case of Balrampur Chini Mills Ltd. Vs CIT (2017)(SC) 246 taxmann 373 (SC) it was held by the Apex court that additional income detected by the department and declared by the appellant, consequent to search action would attract penalty provisions u/S. 271(1)(c) of the Act. 5.10 Therefore, in view…

RISHABH BUILDWELL P.LTD,NEW DELHI vs. DCIT, CENTRAL CIRCLE, GHAZIABAD

In the result, the appeals of the assessee are allowed

ITA 6880/DEL/2018[2011-12]Status: DisposedITAT Delhi03 Jul 2019AY 2011-12

Bench: Shri H. S. Sidhu & Dr. B. R. R. Kumar

Section 143(3)Section 153ASection 271Section 271(1)(c)Section 271ASection 274

…8 6 " LMP Precision Engg. Vs. DCIT (Guj) 330 ITR " CIT Vs. Rakesh Suri (All.) 331 ITR 458 " Biiand Ram Hargan Das (All) 171 ITR 390 " Ravi and Co. Vs. ACIT (Mad.) 271 ITR 286 " Dayabhai Giridharbhai Vs, CIT (Bom) 32 ITR 677 " Mahavir Metal Work Vs. CIT (PAH) 92 ITR 513 5.9 In the latest judgement of Supreme Court in the case of Balrampur Chini Mills Ltd. Vs CIT (2017)(SC) 246 taxmann 373 (SC) it was held by the Apex court that additional income detected by the department and declared by the appellant, consequent to search action would attract penalty provisions u/S. 271(1)(c) of the Act. 5.10 Therefore, in view…

SHRI BILAS CHAND,BATHINDA vs. INCOME TAX OFFICER, WARD1(1), BATHINDA

In the result, the assessee’s appeal is dismissed

ITA 399/ASR/2018[2016-17]Status: DisposedITAT Amritsar25 Apr 2019AY 2016-17

Bench: Sh. Sanjay Arorai.T.A. No. 399/Asr/2018 Assessment Year: 2016-17

For Appellant: Sh. J. K. Gupta (Adv.)For Respondent: Sh. Charan Dass (D.R.)
Section 133(6)Section 139Section 143(1)Section 143(3)Section 148Section 24Section 80CSection 80E

…ty, it is trite law, is to be with reference to the original return. A return, admitting additional income, would accordingly be of no consequence where filed on the detection of 6 Bilas Chand v. ITO the escaped income (viz. Mahavir Metal Works v. CIT [1973] 92 ITR 513 (P&H); CIT v. J.K.A. Subramania Chettiar [1977] 110 ITR 602 (Mad)), as apparently obtains in the instant case. The assessee, however, could argue that he having admitted his ‘mistake’ by filing a return on 08.8.2017 withdrawing the impugned claims, the same, being prior to the issue of notice u/s. 148, be regarded as voluntary, saving penalty. Ano…

SH. SATPAL GOSAIN,LUDHIANA vs. ACIT, LUDHIANA

The appeal of the assessee is partly allowed

ITA 132/CHANDI/2016[2007-08]Status: DisposedITAT Chandigarh26 Nov 2018AY 2007-08
For Appellant: Shri Tej Mohan Singh, AdvFor Respondent: Shri J.S. Kehlon, Sr.DR
Section 250Section 271(1)Section 271(1)(c)

…dering the additional income only on coming to know the detection of concealment by the department and it is not a case of bonafide voluntary disclosure, penalty u/s 271(l)(c) is leviable. Reliance is also placed on the case of Mahavir metal works vs CIT(PSH) 92 ITR 513 to hold that penalty u/s 271(l)(c) is attracted notwithstanding the fact that the assessee filed a revised return, where the omission is deliberate and where the return is revised only after the 7 A.Y.2007-08 department got information. Further, it has been held in Bhairav Lai Verma vs. Union of India (ALL) 238 ITR 855 that "voluntarily" means o…

M/S STAR GOLD PVT. LTD.,MUMBAI vs. ASST CIT, CIR -5(3), MUMBAI

ITA 2655/MUM/2013[2009-10]Status: DisposedITAT Mumbai01 Jan 2016AY 2009-10
For Appellant: Shri Anil Sathe (AR)For Respondent: Shri M.M. Utture (DR)
Section 143(1)Section 143(3)Section 24Section 24(1)Section 254(1)Section 271Section 271(1)(c)Section 32

…आयकर अपीलीय अिधकरण, ‘ई’ खंडपीठ मुंबई INCOME TAX APPELLATE TRIBUNAL,MUMBAI “E” BENCH सव"ी राजे", लेखा सद" एवं संदीप गोसांई, "ाियक सद" Before S/Sh. Rajendra,Accountant Member & Sandeep Gosain,Judicial Member आयकर अपील सं/.ITA No.2655/M/2013,िनधा"रण वष"/Assessment Year-2009-10 M/s. Star Gold Pvt. Ltd. ACIT- Ward-5(3) Mukund M. Chitale & Co. CA Mumbai. 205,Agarwal,Shyamkamal“A”Building, Vs. Vile-Parle (E),Mumbai-400 057. PAN:AAICS 3712 N (अपीलाथ" /Appellant) (""थ" / Respondent) िनधा"रती ओर से/Assessee by : Shri Anil Sathe (AR) राज" की ओर से/ Revenue by : Shri M.M. Utture (DR) सुनवाई की तारीख / Date of Hearing…

DHARAM PAL DHINGRA PROP. DHARAMPAL DHINGRA ELECTRONCS vs. COMMISSIONER OF INCOME TAX

The appeal is dismissed but no order as to

ITA/36/2008HC Delhi28 May 2008

Bench: HON'BLE MR. JUSTICE MANMOHAN SINGH,HON'BLE MR. JUSTICE MADAN B. LOKUR

Section 132Section 260

…n 168 ITR 375 (Bom.), 122 ITR 926 (All.), 210 ITR 682 (M.P.) and 219 ITR 235 (Ker.). Hon’ble Delhi High Court in the case of Durga Timber Work’s Vs. CIT, 79 ITR 63 (Del) and Hon’ble Punjab & Haryana High Court in the case of Mahavir Metal Works Vs. CIT, 92 ITR 513 have held that where an assessee himself voluntarily concedes that a particular item represented his income and surrender such income for the purpose of assessment, there is nothing further left for the Department to prove it as assessee’s income. It is no doubt true that the presumption raised by an admission is not irrebutable. It is open…