REENA ENGINEERS AND CONTRACTORS PRIVATE LTD,PANAJI vs. ACIT, CENTRAL CIRCLE-1, CALICUT

In the result, the appeals filed by the assessee stand partly allowed statistical purposes

Bench: Shri Inturi Rama Rao, Am & Shri Sonjoy Sarma, Jm

disallowance cannot be made based on estimates in the absence of any incriminating material found during the course of search and seizure

REENA ENGINEERS AND CONTRACTORS PRIVATE LTD,PANAJI vs. ACIT, CENTRAL CIRCLE-1, CALICUT

In the result, the appeals filed by the assessee stand partly allowed statistical purposes

Bench: Shri Inturi Rama Rao, Am & Shri Sonjoy Sarma, Jm

disallowance cannot be made based on estimates in the absence of any incriminating material found during the course of search and seizure

REENA ENGINEERS AND CONTRACTORS PRIVATE LTD,PANAJI vs. ACIT, CENTRAL CIRCLE-1, CALICUT

In the result, the appeals filed by the assessee stand partly allowed statistical purposes

Bench: Shri Inturi Rama Rao, Am & Shri Sonjoy Sarma, Jm

disallowance cannot be made based on estimates in the absence of any incriminating material found during the course of search and seizure

REENA ENGINEERS AND CONTRACTORS PRIVATE LTD,PANAJI vs. ACIT, CENTRAL CIRCLE-1, CALICUT

In the result, the appeals filed by the assessee stand partly allowed statistical purposes

Bench: Shri Inturi Rama Rao, Am & Shri Sonjoy Sarma, Jm

disallowance cannot be made based on estimates in the absence of any incriminating material found during the course of search and seizure

KK RADHAKRISHNAN,KANNUR vs. DCIT CENTRAL CIRCLE 2, KOZHIKODE

In the result, appeal of the assessee is dismissed

search and seizure operations, which was confronted to the assessee and admitted. The allowance of expenditure was disallowed as per the proviso

REENA ENGINEERS AND CONTRACTORS PRIVATE LTD,PANAJI vs. ACIT, CENTRAL CIRCLE-1, CALICUT

disallowance cannot be made based on\nestimates in the absence of any incriminating material found during\nthe course of search and seizure

KK RADHAKRISHNAN,KANNUR vs. DCIT CENTRAL CIRCLE 2, KOZHIKODE

In the result, appeal of the assessee is dismissed

seizure operation was conducted on the assessee's business premises, revealing unaccounted income from a BOT construction and sale of Indian-made foreign liquor (IMFL). Notices under section 153A of the Income Tax Act were issued, and assessment was completed with additions for unexplained expenditure and personal expenses.", "held": "The tribunal held that the JCIT's approval under section 153D

TRIVANDRUM CABLE NETWORK(P) LTD,TRIVANDRUM vs. DCIT CENTRAL CIRCLE -1, TRIVANDRUM

In the result, the appeals filed by the assessee are dismissed

Bench: Shri Inturi Rama Rao

search and seizure certain incriminating materials were stated to have been found and seized. Based on the incriminating material, the assessee was issued notice u/s.153A of the Act on 28th March, 2012. However, the assessee neither complied with the notice issued u/s.153A of the Act nor filed any information as called for vide notice issued u/s.142

TRIVANDRUM CABLE NETWORK (P) LTD,TRIVANDRUM vs. DCIT CENTRAL CIRCLE -1, TRIVANDRUM

In the result, the appeals filed by the assessee are dismissed

Bench: Shri Inturi Rama Rao

search and seizure certain incriminating materials were stated to have been found and seized. Based on the incriminating material, the assessee was issued notice u/s.153A of the Act on 28th March, 2012. However, the assessee neither complied with the notice issued u/s.153A of the Act nor filed any information as called for vide notice issued u/s.142

TRIVANDRUM CABLE NETWORK (P) LTD,TRIVANDRUM vs. DCIT CENTRAL CIRCLE-1, TRIVANDRUM

In the result, the appeals filed by the assessee are dismissed

Bench: Shri Inturi Rama Rao

search and seizure certain incriminating materials were stated to have been found and seized. Based on the incriminating material, the assessee was issued notice u/s.153A of the Act on 28th March, 2012. However, the assessee neither complied with the notice issued u/s.153A of the Act nor filed any information as called for vide notice issued u/s.142

TRIVANDRUM CABLE NETWORK (P) LTD,TRIVANDRUM vs. DCIT CENTRAL CIRCLE-1, TRIVANDRUM

In the result, the appeals filed by the assessee are dismissed

Bench: Shri Inturi Rama Rao

search and seizure certain incriminating materials were stated to have been found and seized. Based on the incriminating material, the assessee was issued notice u/s.153A of the Act on 28th March, 2012. However, the assessee neither complied with the notice issued u/s.153A of the Act nor filed any information as called for vide notice issued u/s.142

TRIVANDRUM CABLE NETWORK (P) LTD,TRIVANDRUM vs. DCIT CENTRAL CIRCLE-1, TRIVANDRUM

In the result, the appeals filed by the assessee are dismissed

Bench: Shri Inturi Rama Rao

search and seizure certain incriminating materials were stated to have been found and seized. Based on the incriminating material, the assessee was issued notice u/s.153A of the Act on 28th March, 2012. However, the assessee neither complied with the notice issued u/s.153A of the Act nor filed any information as called for vide notice issued u/s.142

TRIVANDRUM CABLE NETWORK (P) LTD,TRIVANDRUM vs. DCIT CENTRAL CIRCLE-1, TRIVANDRUM

In the result, the appeals filed by the assessee are dismissed

Bench: Shri Inturi Rama Rao

search and seizure certain incriminating materials were stated to have been found and seized. Based on the incriminating material, the assessee was issued notice u/s.153A of the Act on 28th March, 2012. However, the assessee neither complied with the notice issued u/s.153A of the Act nor filed any information as called for vide notice issued u/s.142

SANTHIMADAM AGROFARM TRUST,KOCHI vs. THE ACIT CENTRAL CIRCLE 2, KOCHI

In the result, the appeals filed by the assessee are partly allowed for statistical purposes

Bench: Shri Chandra Poojari & Shri Soundararajan K.

search warranting the disallowance and that without such a seizure no disallowance u/s 40(a)(ia) can be made in a search

SANTHIMADAM AGROFARM TRUST,KOCHI vs. THE ACIT CENTRAL CIRCLE 2, KOCHI

In the result, the appeals filed by the assessee are partly allowed for statistical purposes

Bench: Shri Chandra Poojari & Shri Soundararajan K.

search warranting the disallowance and that without such a seizure no disallowance u/s 40(a)(ia) can be made in a search

SANTHIMADAM AGROFARM TRUST,KOCHI vs. THE ACIT CENTRAL CIRCLE 2, KOCHI

In the result, the appeals filed by the assessee are partly allowed for statistical purposes

Bench: Shri Chandra Poojari & Shri Soundararajan K.

search warranting the disallowance and that without such a seizure no disallowance u/s 40(a)(ia) can be made in a search

SANTHIMADAM AGROFARM TRUST,KOCHI vs. THE ACIT CENTRAL CIRCLE 2, KOCHI

In the result, the appeals filed by the assessee are partly allowed for statistical purposes

Bench: Shri Chandra Poojari & Shri Soundararajan K.

search warranting the disallowance and that without such a seizure no disallowance u/s 40(a)(ia) can be made in a search

K.K.BUILDERS,KANNUR vs. DCIT, KOZHIKKODE

In the result, appeal of the assessee is dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Sonjoy Sarma, Jm

search and seizure operations, certain incriminating material was stated to have been found and seized. According to the Assessing Officer (for short, ‘AO’) the incriminating material, so seized, revealed that assessee had earned huge unaccounted income from its business of sale and purchase of Indian made foreign liquor (IMFL) and also income from Kannnur Municipal bus-stand under BOT arrangement