THE COMMISSIONER OF INCOME TAX vs. M/S SANSERA ENGG PVT LTD

The appeal is dismissed

Bench: JAYANT PATEL,B.SREENIVASE GOWDA

rectification is neither permissible u/s. 154; nor u/s 115JB (Exp-1), therefore, the CIT (A) has rightly deleted this addition format he book profit. Similar is the position with regard to third aspect, the learned CIT (A) has observed as under: “5. In respect of Security Transaction Tax(STT), the appellant pointed out that it is not included

PR. COMMISSIONER OF INCOME TAX-2 vs. M/S.J.J.GLASTRONICS PVT LTD

The appeal stands dismissed

Bench: S.SUJATHA,J.M.KHAZI

Rectification of mistake. 154. [(1) With a view to rectifying any mistake apparent from the record an income-tax authority referred to, in section 116 may,- (a) amend any order passed by it under the provisions of this Act; (b) amend any intimation or deemed intimation under sub- section (1) of section 143; (c) amend any intimation under sub-section

THE COMMISSIONER OF INCOME TAX vs. M/S MWP LTD

Bench: N.KUMAR,RATHNAKALA

disallowing the said claim of 4 Rs.4,40,00,000-00. Thereafter it was observed in the end of the order that ‘Penalty under u/s 271(1)(c) initiated separately’. 3. The assessee contested the said proceedings by contending that on the date of levy of penalty, the assessee ceased to exist inasmuch as the same was merged with

HERBALIFE INTERNATIONAL INDIA PVT LTD vs. THE COMMISSIONER OF INCOME TAX

In the result, the assessee's appeal for

Bench: V KAMESWAR RAO,S RACHAIAH

disallowed. 6. Aggrieved by the order of Respondent No.1, the appellant preferred an appeal before the Tribunal challenging the jurisdiction of Respondent No.1 to initiate Revisionary Proceedings under Section 263 of - 8 - ITA No. 433 of 2018 the IT Act. The said appeal being the appeal in ITA No.611/Bang/2014, the Tribunal vide its impugned order dated 02.02.2018, dismissed the appeal