DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2 LUDHIANA, LUDHIANA vs. AB ALCOBEV PRIVATE LIMITED , DELHI

In the result, appeals of Revenue are dismissed, Cross\nObjections of the assessee for

ia) was passed vide order, dated 27.02.2020 as per page 159 of the Paper\nBook.\nA mere survey does not fulfil the statutory requirements for invoking section 153A\nof the Income Tax Act.\nTherefore, the Assessing Officer lacked valid jurisdiction to initiate or proceed\nunder section 153A against the assessee.\n1.4\nThe company was constructing a Mall

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2, LUDHIANA vs. AB ALCOBEV PRIVATE LIMITED, DELHI

In the result, appeals of Revenue are dismissed, Cross\nObjections of the assessee for

ia) was passed vide order, dated 27.02.2020 as per page 159 of the Paper\nBook.\n.\nA mere survey does not fulfil the statutory requirements for invoking section 153A\nof the Income Tax Act.\n.\nTherefore, the Assessing Officer lacked valid jurisdiction to initiate or proceed\nunder section 153A against the assessee.\n1.4\nThe company was constructing a Mall

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2,, LUDHIANA vs. AB ALCOBEV PRIVATE LIMITED, DELHI

In the result, appeals of Revenue are dismissed, Cross\nObjections of the assessee for

ia) was passed vide order, dated 27.02.2020 as per page 159 of the Paper\nBook.\n•\nA mere survey does not fulfil the statutory requirements for invoking section 153A\nof the Income Tax Act.\nTherefore, the Assessing Officer lacked valid jurisdiction to initiate or proceed\nunder section 153A against the assessee.\n1.4\nThe company was constructing a Mall

M/S ASHA TECHNOLOGIES,SIRMOUR vs. ADDL. CIT, SOLAN

In the result, both the above appeals of the Assessee are partly allowed as aforesaid in respect of impugned orders dt

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

133A of the IT Act to find out the true facts of the case when there was no compliance and cooperation on the part of the assessee to prove its primary onus. And on the basis of survey only true facts of the case were ascertained which helped in ascertaining the factual reality. The assessing office collected information

M/S ASHA TECHNOLOGIES,KALA AMB vs. ITO, SIRMOUR

In the result, both the above appeals of the Assessee are partly allowed as aforesaid in respect of impugned orders dt

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

133A of the IT Act to find out the true facts of the case when there was no compliance and cooperation on the part of the assessee to prove its primary onus. And on the basis of survey only true facts of the case were ascertained which helped in ascertaining the factual reality. The assessing office collected information