PROFORM INTERIORS PRIVATE LIMITED,GURGAON vs. DCIT CC-20, DELHI

20A (1) was not exercised by the DSP at all.\n12. Reference may be made in this connection to Commissioner of Police v.\nGordhandas Bhanji, 1952 SCR 135, in which the action of Commissioner\nof Police in cancelling the permission granted to the respondent for\nconstruction of cinema in Greater Bombay at the behest of the State\nGovernment

PROFORM INTERIORS PRIVATE LIMITED,GURGAON vs. DCIT CC-20, NEW DELHI

20A (1) was not exercised by the DSP at all.\n12. Reference may be made in this connection to Commissioner of Police v.\nGordhandas Bhanji, 1952 SCR 135, in which the action of Commissioner\nof Police in cancelling the permission granted to the respondent for\nconstruction of cinema in Greater Bombay at the behest of the State\nGovernment

PROFORM INTERIORS PRIVATE LIMITED,GURGAON vs. DCIT CC-20, NEW DELHI

Section 119 of the Act. Vide Para 9 of Chapter 3 of Volume-II\n(Technical), a clear procedure is devised i.e., how an approval is to be granted for draft\nassessment for passing of assessment order in search cases. According to the Manual,\nthe Assessing Officer should submit the draft assessment order for such approval well in\ntime

PROFORM INTERIORS PRIVATE LIMITED,GURGAON vs. DCIT CC-20, DELHI

In the result, all the appeals for

Section 119 of the Act as noticed above, we find that while Section\n119(1) of the Act, restrains the Board from issuing any instructions to subordinate\nauthorities, which may lay down instructions of such a nature requiring the Income\nTax Authorities to make particular assessment in a particular manner or to\ninterfere with the discretion

PROFORM INTERIORS PRIVATE LIMITED,GURGAON vs. DCIT CC-20, NEW DELHI

In the result, all the appeals for

Section 119 of the Act as noticed above, we find that while Section\n119(1) of the Act, restrains the Board from issuing any instructions to subordinate\nauthorities, which may lay down instructions of such a nature requiring the Income\nTax Authorities to make particular assessment in a particular manner or to\ninterfere with the discretion

PROFORM INTERIORS PRIVATE LIMITED,GURGAON vs. DCIT CC-20, NEW DELHI

In the result, all the appeals for

Section 119 of the Act. Vide Para 9 of Chapter 3 of Volume-II\n(Technical), a clear procedure is devised i.e., how an approval is to be granted for draft\nassessment for passing of assessment order in search cases. According to the Manual,\nthe Assessing Officer should submit the draft assessment order for such approval well in\ntime

COMMISSIONER OF INCOME TAX vs. SINOCHEM INDIA CO. PVT. LTD.

The appeal is allowed in the above terms

Bench: HON'BLE MR. JUSTICE SANJIV KHANNA,HON'BLE MR. JUSTICE CHANDER SHEKHAR

20A, was thus, introduced in the Act with a view to prevent the abuse of the provisions of TADA. 13. We would, therefore, at this stage, like to administer a word of caution to the Designated Courts regarding Crl.A.768/2018 Page 19 of 40 invoking the provisions of TADA merely because the investigating officer at some stage of the investigation chooses

CENTRAL WAREHOUSING CORPORAITON vs. ACIT

The appeals stand disposed of in the aforesaid

1) Whether, on the facts and in the circumstances of the case, the Tribunal was justified in holding that the interest received by the assessee from the banks on fixed deposits was exempt under Section 10 (29) of the Income-Tax Act, 1961? (2) Whether, on the facts and in the circumstances of the case, the Tribunal was justified

INDIA TODAY ONLINE PVT. LTD.,NEW DELHI vs. ITO, WARD- 12(2), NEW DELHI

In the result both the appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri L.P. Sahuita Nos. 6453 & 6454/Del/2018 Assessment Years 2013-14 & 2014-15

68,96,659 (Previous year 52,79,24,628) thereby resulting in accumulated losses of Rs. 3,20,39,42,192 against shareholders funds of Rs. 3,10,65,04,984, which has substantially eroded its net worth as on date. Management based on future business plans of the Company and potential infusion of the funds from existing shareholders/others expects

INDIA TODAY ONLINE PVT. LTD.,NEW DELHI vs. ITO, WARD- 12(2), NEW DELHI

In the result both the appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri L.P. Sahuita Nos. 6453 & 6454/Del/2018 Assessment Years 2013-14 & 2014-15

68,96,659 (Previous year 52,79,24,628) thereby resulting in accumulated losses of Rs. 3,20,39,42,192 against shareholders funds of Rs. 3,10,65,04,984, which has substantially eroded its net worth as on date. Management based on future business plans of the Company and potential infusion of the funds from existing shareholders/others expects

DR. JASVIR SINGH RANA,NEW DELHI vs. ITO, NEW DELHI

Bench: Shri B.P. Jain & Shri Kuldip Singh

C” : DELHI BEFORE SHRI B.P. JAIN, ACCOUNTANT MEMBER AND SHRI KULDIP SINGH, JUDICIAL MEMBER ITA.No.5568/Del./2015 Assessment Year 2012-2013 Dr. Jasvir Singh Rana vs. Income Tax Officer 106, First Floor, Ward 50(3), Jor Bagh, New Delhi. New Delhi. (Appellant) (Respondent) Assessee By : Shri P.N. Mehta, CA Revenue By : Shri Arun Kumar Yadav, Sr. DR Date of Hearing