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2 results for “section 68”+ Section 245D(3)clear

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Key Topics

Section 139(4)4Section 139(1)3Section 260A2Section 245D(4)2Section 1562Undisclosed Income2

RNS INFRASTRUCTURE LIMITED vs. INCOME TAX SETTLEMENT COMMISSIONER

In the result, writ petitions are allowed

WP/46275/2016HC Karnataka07 Dec 2016

Bench: The Hon’Ble Mr. Justice L. Narayana Swamy Writ Petition Nos.46275-46289 Of 2016 (T-It)

Section 132Section 139Section 153ASection 156Section 245Section 245DSection 245D(4)Section 271(1)(C)

3. A search under Section 132 of the Income Tax Act had taken place in the business premises of the petitioner on 16th February 2012 up to 10th April 2012. Several documents and materials, such as hard discs of various computers, have been seized during the course of search. The respondent No.3 issued notices under Section 153A

THE COMMISSIONER OF INCOME TAX vs. SRI N LEELA KUMAR

ITA/384/2007HC Karnataka25 Nov 2013

Bench: N.KUMAR,RATHNAKALA

Section 139(1)Section 139(4)Section 158Section 260A

3. The Assessees contended that the said amounts were reflected in the Books of Accounts. During the first search as the due date prescribed for filing a return - 5 - had not expired and that he had filed a return under Section 139(4) disclosing the said amounts, it would not constitute undisclosed income. The said contention was negatived