ITO, BHADRAK WARD, BHADRAK vs. SITANSU SEKHAR MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

801 (SC), wherein it has been held that tax authorities can go behind a transaction to look at its substance by looking at the surrounding circumstances. Failure to consider the Revised return filed & self-assessment tax paid by the assessee on bogus Long Term Capital Gains in the light of Supreme Court's decision in the case

ITO, BHADRAK WARD, BHADRAK vs. ANUPAMA MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

801 (SC), wherein it has been held that tax authorities can go behind a transaction to look at its substance by looking at the surrounding circumstances. Failure to consider the Revised return filed & self-assessment tax paid by the assessee on bogus Long Term Capital Gains in the light of Supreme Court's decision in the case

ITO, BHADRAK WARD, BHADRAK vs. ANUPAMA MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

801 (SC), wherein it has been held that tax authorities can go behind a transaction to look at its substance by looking at the surrounding circumstances. Failure to consider the Revised return filed & self-assessment tax paid by the assessee on bogus Long Term Capital Gains in the light of Supreme Court's decision in the case

ITO, BHADRAK WARD, BHADRAK vs. DEEPANSU MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

801 (SC), wherein it has been held that tax authorities can go behind a transaction to look at its substance by looking at the surrounding circumstances. Failure to consider the Revised return filed & self-assessment tax paid by the assessee on bogus Long Term Capital Gains in the light of Supreme Court's decision in the case

ITO, BHADRAK WARD, BHADRAK vs. DEEPANSU MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

801 (SC), wherein it has been held that tax authorities can go behind a transaction to look at its substance by looking at the surrounding circumstances. Failure to consider the Revised return filed & self-assessment tax paid by the assessee on bogus Long Term Capital Gains in the light of Supreme Court's decision in the case

ITO, BHADRAK WARD, BHADRAK vs. HIMANSU MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

801 (SC), wherein it has been held that tax authorities can go behind a transaction to look at its substance by looking at the surrounding circumstances. Failure to consider the Revised return filed & self-assessment tax paid by the assessee on bogus Long Term Capital Gains in the light of Supreme Court's decision in the case

ITO, BHADRAK WARD, BHADRAK vs. HIMANSU MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

801 (SC), wherein it has been held that tax authorities can go behind a transaction to look at its substance by looking at the surrounding circumstances. Failure to consider the Revised return filed & self-assessment tax paid by the assessee on bogus Long Term Capital Gains in the light of Supreme Court's decision in the case

ITO, BHADRAK WARD, BHADRAK vs. AMRUTA PREETAM MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

801 (SC), wherein it has been held that tax authorities can go behind a transaction to look at its substance by looking at the surrounding circumstances. Failure to consider the Revised return filed & self-assessment tax paid by the assessee on bogus Long Term Capital Gains in the light of Supreme Court's decision in the case

ITO, BHADRAK WARD, BHADRAK vs. MAMATA MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

801 (SC), wherein it has been held that tax authorities can go behind a transaction to look at its substance by looking at the surrounding circumstances. Failure to consider the Revised return filed & self-assessment tax paid by the assessee on bogus Long Term Capital Gains in the light of Supreme Court's decision in the case

ITO, BHADRAK WARD, BHADRAK vs. KISHORE KUMAR MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

801 (SC), wherein it has been held that tax authorities can go behind a transaction to look at its substance by looking at the surrounding circumstances. Failure to consider the Revised return filed & self-assessment tax paid by the assessee on bogus Long Term Capital Gains in the light of Supreme Court's decision in the case

ITO, BHADRAK WARD , BHADRAK vs. PARBATI MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

801 (SC), wherein it has been held that tax authorities can go behind a transaction to look at its substance by looking at the surrounding circumstances. Failure to consider the Revised return filed & self-assessment tax paid by the assessee on bogus Long Term Capital Gains in the light of Supreme Court's decision in the case

ITO, BHADRAK WARD, BHADRAK vs. SMT. KUNTALA MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

801 (SC), wherein it has been held that tax authorities can go behind a transaction to look at its substance by looking at the surrounding circumstances. Failure to consider the Revised return filed & self-assessment tax paid by the assessee on bogus Long Term Capital Gains in the light of Supreme Court's decision in the case

SRIMANTA KUMAR TRIPATHY,JAJPUR vs. JCIT, RANGE-1, CUTTACK, CUTTACK

In the result, appeal of revenue in ITA No

68,681/-, sales promotion expenses of Rs.1,64,300/-, travelling expenses of Rs.1,36,936/-, carrying and forwarding expenses of Rs.5,35,794/-. Finally in the absence of bills and vouchers available for examination the AO had disallowed a sum of Rs.2,00,000/- out of the said expenses. Similarly, AO verified the profit and loss account

ACIT, CIRCLE-1(1), CUTTACK, CUTTACK vs. SRIMANTA KUMAR TRIPATHY, JAJPUR

In the result, appeal of revenue in ITA No

68,681/-, sales promotion expenses of Rs.1,64,300/-, travelling expenses of Rs.1,36,936/-, carrying and forwarding expenses of Rs.5,35,794/-. Finally in the absence of bills and vouchers available for examination the AO had disallowed a sum of Rs.2,00,000/- out of the said expenses. Similarly, AO verified the profit and loss account