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2 results for “bogus purchases”+ Section 147clear

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Key Topics

Section 683Section 143(2)2Addition to Income2

NEW DELHI TELEVISION LTD vs. DEPUTY COMMISSIONER OF INCOME TAX

C.A. No.-001008-001008 - 2020Supreme Court03 Apr 2020

Bench: HON'BLE MR. JUSTICE L. NAGESWARA RAO

Section 142(1)Section 143Section 143(2)Section 148

bogus transactions and that these transactions were done with a view to get the undisclosed income, for which tax had not been paid, back to India by this circuitous round tripping.   4 5 6. The   assessing   officer   relies   upon   the   order   of   the   DRP holding that there is reason to believe that funds received by NNPLC were actually the funds

BASIR AHMED SISODIA vs. THE INCOME TAX OFFICER

Appeal is allowed

C.A. No.-006110-006110 - 2009Supreme Court
24 Apr 2020

Bench: HON'BLE MR. JUSTICE A.M. KHANWILKAR

Section 143(2)Section 24(1)Section 260ASection 272(1)(c)Section 68

147 or section 154 or section 155 or sub­section (1) or sub­section (2) or sub­section (3) or sub­section   (5)   of   section   185   or   sub­section   (1)   or   sub­ section (2) of section 186 or section 250 or section 254 or section 260 or section 262 or section 263 or section 264, or any   order   of   settlement   made   under   sub­section