THEE COMMSSR.OF INCOME TAX.HYD. vs. CHALLA SHANKER REDDY.HYD.

Bench: L.NARASIMHA REDDY,T.SUNIL CHOWDARY

Capital Gains Tax and that the defendants are trying to take advantage of these documents for effecting fraudulent transfers- The ,Trial Court concluded that considerationdidnotpassundertheDevelopmentAgreementsandthat the Development Agreements were hence proved to be sham documents' TheTrialCourtalsoconcludedthatthesuitpropertieswereleasedorrtto i third parties under the registered Sale Deeds and that mesne profits cannot be granted to the plaintiffs pending demarcation of the shares

COMMR.OF I.T. RAJAHMUNDRY vs. M/S.NARAYANA CHOWDARYAND ORS KAKINADA

Bench: CHALLA KODANDA RAM,G.CHANDRAIAH

Capital Gains Tax and that the defendants are trying to take advantage of these documents for effecting fraudulent transfers- The ,Trial Court concluded that considerationdidnotpassundertheDevelopmentAgreementsandthat the Development Agreements were hence proved to be sham documents' TheTrialCourtalsoconcludedthatthesuitpropertieswereleasedorrtto i third parties under the registered Sale Deeds and that mesne profits cannot be granted to the plaintiffs pending demarcation of the shares

COMMISSIONER OF INCOME TAX - (TDS), vs. M/s. Suman Chit Funds (P) Ltd.,

Capital Gains Tax and that the defendants are trying to take advantage of these documents for effecting fraudulent transfers- The ,Trial Court concluded that considerationdidnotpassundertheDevelopmentAgreementsandthat the Development Agreements were hence proved to be sham documents' TheTrialCourtalsoconcludedthatthesuitpropertieswereleasedorrtto i third parties under the registered Sale Deeds and that mesne profits cannot be granted to the plaintiffs pending demarcation of the shares

The Commissioner of Income Tax IV vs. Shri Raaj Kumar Jain

Section 27 begins with a proviso and states that when any fact is deposed to as discovered, in consequence of information received from a person accused of any offence, in the custody of a police officer, so much of such information as relates distinctly to the fact thereby discovered may be proved, 49 whether it amounts to a confession

M/s. Canara Securities Ltd vs. Dy. Commissioner of Income Tax

Bench: M.S.RAMACHANDRA RAO,T.AMARNATH GOUD

b) and (c) in the impugned order enforcing the APLs' decision by majority and recognizing the power of the Joint (APO NOS. 89, 90, 91, 92, 94, 95, 96 AND 98 OF 2020) REPORTABLE Page 83 of 300 APLs to act by majority is contrary to law and to the order of appointment of the APLs. 23. It is submitted

The Commissioner of Income Tax vs. M.Venkata Krishna Mohan

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

Section 143(3) of the Act and the income of the appellant was determined at Rs.84,95,035/-. The assessing Officer (hereinafter „AO‟) came to the conclusion that since the payment of Rs.1 Crore was absent in the earlier license agreement and it was for use of the brand, the expenditure of Rs.1 Crore cannot be related to the business