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5 results for “bogus purchases”+ Section 251clear

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Key Topics

Addition to Income5Section 143(1)4Section 143(2)4Section 143(3)4Disallowance4

DCIT, CIRCLE-1(1), BHUBANESWAR, BHUBANESWAR vs. M/S. ORISSA MINING CORPORATION LTD., BHUBANESWAR

In the result, the appeals of the assessee i

ITA 257/CTK/2014[2011-12]Status: DisposedITAT Cuttack17 May 2018AY 2011-12

Bench: Shri N.S.Saini, Am & Shri Pavan Kumar Gadale, Jm

For Appellant: Shri Ved Jain, AR/P.V.Rao, ARFor Respondent: Shri A.K.Mohapatra, DR
Section 143(1)Section 143(2)Section 143(3)

section 251 of the Act. Being so, we cannot borrow support from the order of the Tribunal passed in ITA No 991/Hyd/2011-for AY 2006-07, on which reliance placed by the assessee's counsel in the present case, there is a categorical finding given by the CIT(A) that there are certain mines not yet commenced. On that mine closure

ORISSA MINING CORPORATION LTD,BHUBANESWAR vs. JCIT, BHUBANESWAR

In the result, the appeals of the assessee i

ITA 183/CTK/2014[2011-12]Status: DisposedITAT Cuttack17 May 2018AY 2011-12

Bench: Shri N.S.Saini, Am & Shri Pavan Kumar Gadale, Jm

For Appellant: Shri Ved Jain, AR/P.V.Rao, ARFor Respondent: Shri A.K.Mohapatra, DR
Section 143(1)Section 143(2)Section 143(3)

section 251 of the Act. Being so, we cannot borrow support from the order of the Tribunal passed in ITA No 991/Hyd/2011-for AY 2006-07, on which reliance placed by the assessee's counsel in the present case, there is a categorical finding given by the CIT(A) that there are certain mines not yet commenced. On that mine closure

DCIT, BHUBANESWAR vs. ORISSA MINING CORPORATION LTD, BHUBANESWAR

In the result, the appeals of the assessee i

ITA 70/CTK/2014[2010-11]Status: DisposedITAT Cuttack17 May 2018AY 2010-11

Bench: Shri N.S.Saini, Am & Shri Pavan Kumar Gadale, Jm

For Appellant: Shri Ved Jain, AR/P.V.Rao, ARFor Respondent: Shri A.K.Mohapatra, DR
Section 143(1)Section 143(2)Section 143(3)

section 251 of the Act. Being so, we cannot borrow support from the order of the Tribunal passed in ITA No 991/Hyd/2011-for AY 2006-07, on which reliance placed by the assessee's counsel in the present case, there is a categorical finding given by the CIT(A) that there are certain mines not yet commenced. On that mine closure

JCIT, BHUBANESWAR vs. ORISSA MINING CORPORATION LTD., BHUBANESWAR

In the result, the appeals of the assessee i

ITA 69/CTK/2014[2010-11]Status: DisposedITAT Cuttack17 May 2018AY 2010-11

Bench: Shri N.S.Saini, Am & Shri Pavan Kumar Gadale, Jm

For Appellant: Shri Ved Jain, AR/P.V.Rao, ARFor Respondent: Shri A.K.Mohapatra, DR
Section 143(1)Section 143(2)Section 143(3)

section 251 of the Act. Being so, we cannot borrow support from the order of the Tribunal passed in ITA No 991/Hyd/2011-for AY 2006-07, on which reliance placed by the assessee's counsel in the present case, there is a categorical finding given by the CIT(A) that there are certain mines not yet commenced. On that mine closure

ACIT, BHUBANESWAR vs. RAJDHANI SYSTEMS & ESTATES (P) LTD, BHUBANESWAR

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

ITA 232/CTK/2012[2007-08]Status: DisposedITAT Cuttack21 Sept 2017AY 2007-08

Bench: Shri N.S.Saini, Am & Shri Pavan Kumar Gadale, Jm आयकर अपीऱ सं./Ita No.232&233/Ctk/2012 (नििाारण वषा / Assessment Year :2007-2008 & 2008-2009) Acit, Circle-2(2), Bhubaneswar Vs. Rajdhani Systems &Estates (P) Ltd., A/170, Sahid Nagar, Bhubaneswar स्थायी लेखा सं./जीआइआर सं./ Pan/Gir No. : Aabcr 8271 L (अपीऱाथी /Appellant) (प्रत्यथी / Respondent) .. & आयकर अपीऱ सं./Ita No.253&254/Ctk/2012 (नििाारण वषा / Assessment Year :2007-2008 & 2008-2009) Rajdhani Systems &Estates Vs. Acit, Circle-2(2), (P) Ltd., A/170, Sahid Bhubaneswar Nagar, Bhubaneswar स्थायी लेखा सं./ Pan No. : Aabcr 8271 L (अपीऱाथी /Appellant) (प्रत्यथी / Respondent) .. राजस्व की ओर से /Revenue By : Shri A.K.Mohapatra, Citdr निर्ााररती की ओर से /Assessee By : Shri B.D.Ojha, Ar सुनवाई की तारीख / Date Of Hearing : 19/09/2017 घोषणा की तारीख/Date Of Pronouncement 21/09/2017 आदेश / O R D E R Per Shri N.S.Saini, Am: These Are Cross Appeals Filed By The Revenue & Assessee Against The Separate Orders Of The Cit(A)-Ii, Bhubaneswar All Dated 01.02.2012 For The Assessment Years 2007-08 & 2008-09. 2. Since The Issue & Facts Involved In These Appeals Are Interconnected, Therefore, They Are Being Heard & Disposed Off Together As Under.

For Appellant: Shri B.D.Ojha, ARFor Respondent: Shri A.K.Mohapatra, CITDR
Section 132

bogus, has conceded the major portion of the addition made viz; 75%. The AO requests for retaining 25% of the advances. 29.14 1 have carefully weighed the rival submission and have pondered over the issue in detail. Upon such careful consideration I tend to agree with the remand report of the AO. In the assessment order and in the subsequent