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2 results for “section 68”+ Section 10(38)clear

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Key Topics

Section 153A5Section 682

THE COMMISSIONER OF INCOME TAX AND ANR vs. M/S GOLDSTONE CEMENTS LTD.

ITA/10/2022HC Gauhati28 Sept 2023

Bench: HONOURABLE THE CHIEF JUSTICE,HONOURABLE MRS. JUSTICE SUSMITA PHUKAN KHAUND

Section 153ASection 260ASection 68

38,35,000/- received from M/s Hari Trafin Private Limited? ITA No.7/2022 1. Whether, on the facts and circumstances of the case, Hon’ble ITAT, Gauhati Bench, Guwahati was justified in holding that the seized document GCL-HD-1 referred by the Assessing Officer for justifying the additions made under Section 68 of the Act did not constitute ‘incriminating

THE PRINCIPAL COMMISSIONER OF INCOME TAX AND ANR. vs. ROHIT KARAN JAIN

ITA/5/2023HC Gauhati12 Mar 2025

Bench: HONOURABLE THE CHIEF JUSTICE,HONOURABLE MR. JUSTICE KAUSHIK GOSWAMI

Section 131
Section 132
Section 132(4)
Section 139(1)
Section 153A

10(38) of the Income Tax Act, 1961. xiii) With so much of evidence against the assessee, the onus was on assessee to prove that his transactions were genuine and that he had not availed benefit of the aforementioned scheme to convert black money into white. xiv) In Sumati Dayal vs. Commissioner of Income Tax .... the Supreme Court observed