COMMISSIONER OF WEALTH TAX vs. S.S. AHLUWALIA

5) Notwithstanding anything contained in this section or in any direction or order issued under section 120, every Assessing Officer shall have all the powers conferred by or under this Act on an Assessing Officer in respect of the income accruing or arising or received within the area, if any, over which he has been vested with jurisdiction by virtue

M/S EICHER GOODEARTH LTD

The appeals stand disposed of as above

2. Dividend received Rs. 49,90,860 3. Profit on sale of shares Rs. 1,49,285 The aforesaid dividend of Rs. 49,90,860/- was received on the shares of Max India Ltd, held by the assessee as "trading assets". By an order dated 27/08/2004, the assessing officer, invoking section 14A of the said act, apportioned the said interest

M/S EICHER GOODEARTH LTD

The appeals stand disposed of as above

2. Dividend received Rs. 49,90,860 3. Profit on sale of shares Rs. 1,49,285 The aforesaid dividend of Rs. 49,90,860/- was received on the shares of Max India Ltd, held by the assessee as "trading assets". By an order dated 27/08/2004, the assessing officer, invoking section 14A of the said act, apportioned the said interest

M/S EICHER GOODEARTH LTD

The appeals stand disposed of as above

2. Dividend received Rs. 49,90,860 3. Profit on sale of shares Rs. 1,49,285 The aforesaid dividend of Rs. 49,90,860/- was received on the shares of Max India Ltd, held by the assessee as "trading assets". By an order dated 27/08/2004, the assessing officer, invoking section 14A of the said act, apportioned the said interest

M/S EICHER GOODEARTH LTD

The appeals stand disposed of as above

2. Dividend received Rs. 49,90,860 3. Profit on sale of shares Rs. 1,49,285 The aforesaid dividend of Rs. 49,90,860/- was received on the shares of Max India Ltd, held by the assessee as "trading assets". By an order dated 27/08/2004, the assessing officer, invoking section 14A of the said act, apportioned the said interest

M/S EICHER GOODEARTH LTD

The appeals stand disposed of as above

2. Dividend received Rs. 49,90,860 3. Profit on sale of shares Rs. 1,49,285 The aforesaid dividend of Rs. 49,90,860/- was received on the shares of Max India Ltd, held by the assessee as "trading assets". By an order dated 27/08/2004, the assessing officer, invoking section 14A of the said act, apportioned the said interest

M/S EICHER GOODEARTH LTD

The appeals stand disposed of as above

2. Dividend received Rs. 49,90,860 3. Profit on sale of shares Rs. 1,49,285 The aforesaid dividend of Rs. 49,90,860/- was received on the shares of Max India Ltd, held by the assessee as "trading assets". By an order dated 27/08/2004, the assessing officer, invoking section 14A of the said act, apportioned the said interest

M/S EICHER GOODEARTH LTD

The appeals stand disposed of as above

2. Dividend received Rs. 49,90,860 3. Profit on sale of shares Rs. 1,49,285 The aforesaid dividend of Rs. 49,90,860/- was received on the shares of Max India Ltd, held by the assessee as "trading assets". By an order dated 27/08/2004, the assessing officer, invoking section 14A of the said act, apportioned the said interest

M/S EICHER GOODEARTH LTD

The appeals stand disposed of as above

2. Dividend received Rs. 49,90,860 3. Profit on sale of shares Rs. 1,49,285 The aforesaid dividend of Rs. 49,90,860/- was received on the shares of Max India Ltd, held by the assessee as "trading assets". By an order dated 27/08/2004, the assessing officer, invoking section 14A of the said act, apportioned the said interest

M/S EICHER GOODEARTH LTD

The appeals stand disposed of as above

2. Dividend received Rs. 49,90,860 3. Profit on sale of shares Rs. 1,49,285 The aforesaid dividend of Rs. 49,90,860/- was received on the shares of Max India Ltd, held by the assessee as "trading assets". By an order dated 27/08/2004, the assessing officer, invoking section 14A of the said act, apportioned the said interest

M/S EICHER GOODEARTH LTD

The appeals stand disposed of as above

2. Dividend received Rs. 49,90,860 3. Profit on sale of shares Rs. 1,49,285 The aforesaid dividend of Rs. 49,90,860/- was received on the shares of Max India Ltd, held by the assessee as "trading assets". By an order dated 27/08/2004, the assessing officer, invoking section 14A of the said act, apportioned the said interest

M/S EICHER GOODEARTH LTD

The appeals stand disposed of as above

2. Dividend received Rs. 49,90,860 3. Profit on sale of shares Rs. 1,49,285 The aforesaid dividend of Rs. 49,90,860/- was received on the shares of Max India Ltd, held by the assessee as "trading assets". By an order dated 27/08/2004, the assessing officer, invoking section 14A of the said act, apportioned the said interest

M/S EICHER GOODEARTH LTD

The appeals stand disposed of as above

2. Dividend received Rs. 49,90,860 3. Profit on sale of shares Rs. 1,49,285 The aforesaid dividend of Rs. 49,90,860/- was received on the shares of Max India Ltd, held by the assessee as "trading assets". By an order dated 27/08/2004, the assessing officer, invoking section 14A of the said act, apportioned the said interest

M/S EICHER GOODEARTH LTD

The appeals stand disposed of as above

2. Dividend received Rs. 49,90,860 3. Profit on sale of shares Rs. 1,49,285 The aforesaid dividend of Rs. 49,90,860/- was received on the shares of Max India Ltd, held by the assessee as "trading assets". By an order dated 27/08/2004, the assessing officer, invoking section 14A of the said act, apportioned the said interest

M/S EICHER GOODEARTH LTD

The appeals stand disposed of as above

2. Dividend received Rs. 49,90,860 3. Profit on sale of shares Rs. 1,49,285 The aforesaid dividend of Rs. 49,90,860/- was received on the shares of Max India Ltd, held by the assessee as "trading assets". By an order dated 27/08/2004, the assessing officer, invoking section 14A of the said act, apportioned the said interest

M/S EICHER GOODEARTH LTD

The appeals stand disposed of as above

2. Dividend received Rs. 49,90,860 3. Profit on sale of shares Rs. 1,49,285 The aforesaid dividend of Rs. 49,90,860/- was received on the shares of Max India Ltd, held by the assessee as "trading assets". By an order dated 27/08/2004, the assessing officer, invoking section 14A of the said act, apportioned the said interest

M/S EICHER GOODEARTH LTD

The appeals stand disposed of as above

2. Dividend received Rs. 49,90,860 3. Profit on sale of shares Rs. 1,49,285 The aforesaid dividend of Rs. 49,90,860/- was received on the shares of Max India Ltd, held by the assessee as "trading assets". By an order dated 27/08/2004, the assessing officer, invoking section 14A of the said act, apportioned the said interest

M/S EICHER GOODEARTH LTD

The appeals stand disposed of as above

2. Dividend received Rs. 49,90,860 3. Profit on sale of shares Rs. 1,49,285 The aforesaid dividend of Rs. 49,90,860/- was received on the shares of Max India Ltd, held by the assessee as "trading assets". By an order dated 27/08/2004, the assessing officer, invoking section 14A of the said act, apportioned the said interest