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6 results for “bogus purchases”+ Section 67clear

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Key Topics

Addition to Income4Section 13(1)(a)3Section 1083Revision u/s 2633Section 672Section 13(1)(b)2Section 1002

Principal Commissioner of Income Tax [TDS] vs. M/s.KCIL-MEIL [JV]

ITTA/212/2015HC Telangana02 Mar 2016

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

Section 55Section 55(5)(a)Section 67

Section 67 of the Act, OT.REV 212/2015 -9- the findings of the Primary Authority, and the findings of the Tribunal which confirmed the findings of the Appellate Authority. To appreciate the fundamental omission in the procedure followed by the Primary Authority, we find it useful to state the details as follows: Sl no. Allegations in the proposal notice dated

The Commissioner of Income -Tax - III, vs. Shri Taher Ali

ITTA/322/2008HC Telangana04 Apr 2016

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

Section 108
Section 13(1)(a)
Section 13(1)(b)
Section 13(1)(e)

bogus complaint dated 12.10.1990 to B.M.C. authorities as defendant no.2 had filed affidavit dated 10.9.1990 in favour of one of the tenants, Smt. Vasanti B. Palan in Suit (ST) 647 of 1990. Defendant no.2, by his Advocates' letter dated 28.10.1990 had placed various facts on record. On 8.11.1990, B.M.C. authorities issued notice under section 351 of the Mumbai Municipal Corporation

Commissioner of Income Tax vs. Sri Chirla Rama Reddy, Contract

Appeal is dismissed with costs

ITTA/70/2007HC Telangana23 Mar 2016

Bench: The Hon’Ble Mr. Justice N.K.Sudhindrarao R.S.A.No.70/2007

Section 100

bogus and a collusive job of K.T. Bhagath, the Managing Director of the K.T.Plantations and R.Devdas and Jude Devdas. The agreements to sell and deed of sale were vitiated by fraud and were unenforceable in die eye of law. This defendant reiterated that she has not handed over possession of the suit schedule property to respondent No. 1 and that

The Commissioner of Income Tax -III vs. Sri T.C. Reddy

The appeal stands dismissed

ITTA/577/2011HC Telangana28 Feb 2012

67,000/- in the hands of M/s Mrigiya Electronics Inds. Pvt. Ltd. Further, disallowance of said sum in the hands of the assessee is not justified. 21. "The total consideration paid by the assessee company to acquire 134.3 bighas of land as per the submission of AR is Rs. 119527000/- which includes Rs.75967000/- paid to M/s Mrigiya Electronics Inds

Commissioner of Income tax-VI vs. M/s. Narpat Girji Constructions,

The appeal is allowed

ITTA/19/2015HC Telangana25 Mar 2015
Section 449Section 456Section 456(1)Section 456(2)Section 483

purchase the same. The said application has been dismissed by this Court on 30th September 2008. Being aggrieved by the same, OSA 27/2008 was filed by the applicant-society and the same was also dismissed by the Division Bench of this Court on 28th January 2009 observing as under: “Therefore, we do not find any reason to interfere

The Commissioner of Income Tax V vs. M/s.Orchem Industries

ITTA/79/2007HC Telangana22 Mar 2016

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

Section 29(2)

bogus or sham all factors are required to be taken into consideration and in this case from facts on record, it appears that the partnership is sham and it is used as a devise to protect the tenacy right. Regarding revisional jurisdiction, he has submitted that the powers of the revisional court though limited but if it is found from