BHARAT SANCHAR NIGAM LTD.,NEW DELHI vs. ACIT, NEW DELHI

In the result, the appeal of the assessee is partly allowed

Bench: Shri N. K. Billaiya & Shri Anubhav Sharmabharat Sanchar Nigam Ltd, Vs. Acit, Taxation Section, First Floor, Circle-6(2), Bharat Sanchar Bhawan, New Delhi Janpath, New Delhi-11001 (Appellant) (Respondent) Pan:Aabcb5576G

147 read with section 143(3) of the Act initiated by the learned Assistant Commissioner of Income-tax, Circle 6(2). New Delhi ('learned AO') without appreciating the facts involved in the case of the Appellant. 3. That on the facts and circumstances of the case and in law, the learned CIT(A) has erred in not observing that

ACIT, NEW DELHI vs. M/S. SAMSUNG INDIA ELECTRONICS (P) LTD.,, GURGAON

In the result, the appeal of the revenue is dismissed

Bench: Sri G.D. Agarwal, Hon’Blesri C.M.Garg

194H of the Income Tax Act, 1961 (for short the Act) on the expenditure of Rs. 2,11,01,212/- on account of the cost of 75 vehicles provided to the dealers as incentive rewards then the assessee was rightly held as a assessee in default in respect of such tax payable to the department. The Ld DR strongly contended

ACIT, CENTRAL CIRCLE-13, NEW DELHI vs. JJF CASTING LTD (FORMERLY KNOWN AS JPM RENEWABLE ENERGY LTD), DELHI

Bench: Shri Anil Chaturvedi & Shri Amit Shukla

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

ACIT, CENTRAL CIRCLE-13, NEW DELHI vs. JAY IRON & STEEL LTD., NEW DELHI

Bench: Shri Anil Chaturvedi & Shri Amit Shukla

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

ACIT, CENTRAL CIRCLE- 13, NEW DELHI vs. JAY AUTO COMPONENTS LTD. , NEW DELHI

Bench: Shri Anil Chaturvedi & Shri Amit Shukla

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

ACIT, CENTRAL CIRCLE- 13, NEW DELHI vs. JAY AUTO COMPONENTS LTD. , NEW DELHI

Bench: Shri Anil Chaturvedi & Shri Amit Shukla

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

ACIT, CENTRAL CIRCLE- 13, NEW DELHI vs. JPM TOOLS LTD., NEW DELHI

Bench: Shri Anil Chaturvedi & Shri Amit Shukla

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

ACIT, CENTRAL CIRCLE- 13, NEW DELHI vs. JAY AUTO COMPONENTS LTD. , NEW DELHI

Bench: Shri Anil Chaturvedi & Shri Amit Shukla

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

ACIT, CENTRAL CIRCLE-13, NEW DELHI vs. JAY IRON & STEEL LTD., NEW DELHI

Bench: Shri Anil Chaturvedi & Shri Amit Shukla

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

ACIT, CC- 13, NEW DELHI vs. JAY ACE TECHNOLOGIES LTD., NEW DELHI

Bench: Shri Anil Chaturvedi & Shri Amit Shukla

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

ACIT, CENTRAL CIRCLE-13, NEW DELHI vs. JAY IRON & STEEL LTD., NEW DELHI

Bench: Shri Anil Chaturvedi & Shri Amit Shukla

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

ACIT, CENTRAL CIRCLE- 13, NEW DELHI vs. JAY AUTO COMPONENTS LTD. , NEW DELHI

Bench: Shri Anil Chaturvedi & Shri Amit Shukla

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

ACIT, CENTRAL CIRCLE-13, NEW DELHI vs. JAY IRON & STEEL LTD., NEW DELHI

Bench: Shri Anil Chaturvedi & Shri Amit Shukla

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

ACIT, CENTRAL CIRCLE-13, NEW DELHI vs. JAY IRON & STEEL LTD., NEW DELHI

Bench: Shri Anil Chaturvedi & Shri Amit Shukla

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

ACIT, CENTRAL CIRCLE- 13, NEW DELHI vs. JAY NIKKI INDUSTRIES LTD., NEW DELHI

Bench: Shri Anil Chaturvedi & Shri Amit Shukla

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

ACIT, CENTRAL CIRCLE- 13, NEW DELHI vs. JAY AUTO COMPONENTS LTD. , NEW DELHI

Bench: Shri Anil Chaturvedi & Shri Amit Shukla

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

ACIT, CENTRAL CIRCLE- 13, NEW DELHI vs. JPM TOOLS LTD., NEW DELHI

Bench: Shri Anil Chaturvedi & Shri Amit Shukla

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record