INSTITUTE MANAGEMENT COMMITTEE ITI JHALAWAR ,JHALAWAR vs. ITO WARD JHALAWAR, JHALAWAR

The appeals of the assessee are hereby allowed

220 (P&H) and Travancore Cements Ltd.\nvs. Asstt. CIT (2008) 219 CTR (Ker) 359 : (2008) 305 ITR 170 (Ker) held no\nlonger good law.\nThe heading of s.147 is \"Income escaping assessment\" and that of s.148 \"Issue\nof notice where income escaped assessment\". Sec. 148 is supplementary and\ncomplimentary to s.147. Sub-s. (2) of s.148 mandates reasons

INSTITUTE MANAGEMENT COMMITTEE ITI JHALAWAR,JHALAWAR vs. ITO WARD JHALAWAR, JHALAWAR

The appeals of the assessee are hereby allowed

220 (P&H) and Travancore Cements Ltd.\nvs. Asstt. CIT (2008) 219 CTR (Ker) 359 : (2008) 305 ITR 170 (Ker) held no\nlonger good law.\nThe heading of s.147 is \"Income escaping assessment\" and that of s.148 \"Issue\nof notice where income escaped assessment\". Sec. 148 is supplementary and\ncomplimentary to s.147. Sub-s. (2) of s.148 mandates reasons

JITENDRA KUMAR TAHILRAMANI,JAIPUR vs. ITO WARD-2, JAIPUR., JAIPUR

Bench: Him.

220/- 1,35,000/- 3/11/2016 25,72,205/- 1,50,000/- 5/11/2016 29,76,815/- 5,90,000/- 7/11/2016 26,71,165/- 1,10,000/- 8/11/2016 53,10,622/- - 13/11/2016 53,10,622/- 50,00,000/- Ld. AO from the above chart observed that despite having a considerable amount of cash in hand on different dates, assessee had deposited

HINDUSTAN SALES INDUSTRIAL CORPORATION,JAIPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX-1, JAIPUR

In the result, the appeal of the assessee is allowed

220 ITR 657 (Mad) (b) Hon'ble Supreme Court in the case of Tara Devi Agarwal vs. CIT [(1973) 88 ITR 323] in which Hon'ble court stated that where a stereotype order is passed, which simply accepts what the assessee has said in the return and fails to make enquiries which are called for in the circumstances

KAMAL SINGH,BHARATPUR vs. ITO WD 1, BHARATPUR, BHARATPUR

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: BEFORE: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

2- BECAUSE, upon due consideration of facts and in the overall circumstances of the case, assessment order passed under section 144 of the Income Tax Act and confirmed by the Id CIT(A) is quite wrong, unjust and illegal. 3- BECAUSE, in any view, and without prejudice to the aforesaid grounds, the income assessed, interest charged, penalty imposed

KIRAN FINE JEWELLERS PRIVATE LIMITED,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2,, JAIPUR

In the result, the appeal of the assessee is allowed

Charitable Trust [2022] 144 taxmann.com 54 (Madras)/[2023] 450 ITR 368 (Madras) [31-10-2022] "63. The statements given to the Assessing officer under section 132 (4) have legal force. Unless the retractions are made within a short span of time, supported by affidavit swearing that the contents are incorrect and it was obtained under force, coercion and by lodging