THE COMMISSIONER OF INCOME TAX-IV vs. M/S QUALITY CARE INDIA LTD

Bench: A.SHANKAR NARAYANA,V RAMASUBRAMANIAN

search and seizure operation under Section 132, as a consequence of which, proceedings were initiated under Section 153A. The assessment was completed under Section 143(3) r/w Section 153A. After completion of the assessment, the Assessing Officer reopened the assessment under Section 147 by issuing a notice under Section 148, on 31.03.2011. 5. The reason for reopening of the assessment

THE PRINCIPAL COMMR OF INCOME TAX-II vs. L.G.TRINADHA RAO

The appeal is allowed and the order passed by the

Bench: RAMESH RANGANATHAN,KONGARA VIJAYA LAKSHMI

seizure operations, it would not tantamount to concealment of income liable to penalty under section 271[1][c] of the Act. Further, the assessee contended that the penalty notice was bad in law on the ground that the Assessing Officer has not recorded satisfaction. The Assessing Officer conceded the said submission and by an order dated 29.6.2010 rejected the same

Commissioner of Income Tax vs. M/s.K.Seetha Ramaiah AND Others

The appeal stands dismissed

Bench: V.V.S.RAO,RAMESH RANGANATHAN

disallowed by the A.O. and confirmed by CIT(A) and whether the finding in respect of the above additions is perverse? 3. “Whether on the facts and circumstances of the case, the learned ITAT was right and justified in holding that Rs. 16 Lac had flown back from unexplained lease payments and whether the finding in respect of the above

Commissioner of Income Tax vs. Agricultural Market Committee

Bench: V.V.S.RAO,RAMESH RANGANATHAN

seizure proceedings. Subsequently, the appellant and the other concerns which were subject to the search were issued with notice on 30.08.2001 under Section 158 (BC) requiring the furnishing of return of income including undisclosed income for the period 1.4.1990 to 14.2.2001. Apparently, during the course of the proceedings having regard to the complexity of accounts, special audit under Section

The Commissioner of Income Tax(Central) vs. M/s.Madhu Enterprises

Bench: The Learned

seizure operation was carried out under Section 132 of the Act on persons constituting the FIITJEE Group. The Assessee was also one of the persons searched. Thereafter, the AO issued a notice dated 13.08.2013 under Section 153A of the Act and during the ensuing proceedings, examined the claim of the Assessee for deduction under Section

THE ASST COMMISSIONER OF INCOME TAX vs. SRI K.C.K.A.GUPTA

The Appeal is dismissed

Bench: C.V.NAGARJUNA REDDY,T.AMARNATH GOUD

seizure operation was conducted against this group of Companies under Section 132 of the Income Tax Act, 1961 (for short ‘the Act’), on 24-10-1997. CVNR, J & TA, J ITTA.No.251 of 2005 Dt: 03-01-2018 5 At the time of search, the assessee admitted an undisclosed income of Rs.135 lakhs under Section

COMMISSIONER OF INCOME TAX-II vs. M/S.TRANSPORT CORPORATION OF INDIA

In the result, we set aside the assessment orders, except to

Bench: P.SAM KOSHY,LAXMI NARAYANA ALISHETTY

search and seizure under Section 132 of the Income-tax Act, in the premises of the assessee on 6.1.2009. After completing all procedural formalities, assessments for the years 2003-04 to 2009-10 were reopened. However, these appeals are concerning the assessment years 2006-07 to 2009-10 only. Accordingly, the assessments were completed by Annexure A orders where, rejecting

M/S.VISWARUPA BUILDERS AND DEVELOPERS(P)LTD vs. INCOME TAX OFFICER,WARD-3

The appeal is dismissed

Bench: This Court As Arising From The Impugned Order Of The Itat Read As Under:

search notice under Section 158BC of the IT Act issued by the Deputy Commissioner of Income Tax (DCIT), Circle 1(1) to Sri Ram Ratan Banka for filing returns for the block period. In response thereto, Sri Banka filed his return in Form 2B on 13th August, 2002 showing the total undisclosed income for the block period as ‘NIL’. Page

The Commissioner of Income Tax vs. M/s.G.V.Krishna Reddy AND Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

search and seizure taken in cases of tax evasion. Besides these provisions, the Income Tax Act contains the machinery provisions for Collection and Recovery of Tax (Chapter XVII), Refunds (Chapter XIX), Settlement of Cases (XIXA), Appeal/Revision System (Chapter XX) and Penalties imposable under the Act (Chapter XXI). In determining the income tax liability of a person, computation of the total

The commissioner of Income Tax vs. M/s.M.Narayana Choudary and Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

search and seizure taken in cases of tax evasion. Besides these provisions, the Income Tax Act contains the machinery provisions for Collection and Recovery of Tax (Chapter XVII), Refunds (Chapter XIX), Settlement of Cases (XIXA), Appeal/Revision System (Chapter XX) and Penalties imposable under the Act (Chapter XXI). In determining the income tax liability of a person, computation of the total

Commissioner of Income Tax, vs. M/s Y.Ramakrishna and Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

search and seizure taken in cases of tax evasion. Besides these provisions, the Income Tax Act contains the machinery provisions for Collection and Recovery of Tax (Chapter XVII), Refunds (Chapter XIX), Settlement of Cases (XIXA), Appeal/Revision System (Chapter XX) and Penalties imposable under the Act (Chapter XXI). In determining the income tax liability of a person, computation of the total

Commissioner of Income Tax, Rajahmundry. vs. m/s Ganesh Arrack Contractors,

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

search and seizure taken in cases of tax evasion. Besides these provisions, the Income Tax Act contains the machinery provisions for Collection and Recovery of Tax (Chapter XVII), Refunds (Chapter XIX), Settlement of Cases (XIXA), Appeal/Revision System (Chapter XX) and Penalties imposable under the Act (Chapter XXI). In determining the income tax liability of a person, computation of the total

The Commissioner of Income Tax vs. M/s GRK Prasad AND others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

search and seizure taken in cases of tax evasion. Besides these provisions, the Income Tax Act contains the machinery provisions for Collection and Recovery of Tax (Chapter XVII), Refunds (Chapter XIX), Settlement of Cases (XIXA), Appeal/Revision System (Chapter XX) and Penalties imposable under the Act (Chapter XXI). In determining the income tax liability of a person, computation of the total

The Commissioner of Income Tax-II vs. m/S.M.Ventakteswara Rao AND Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

search and seizure taken in cases of tax evasion. Besides these provisions, the Income Tax Act contains the machinery provisions for Collection and Recovery of Tax (Chapter XVII), Refunds (Chapter XIX), Settlement of Cases (XIXA), Appeal/Revision System (Chapter XX) and Penalties imposable under the Act (Chapter XXI). In determining the income tax liability of a person, computation of the total

The Commissioner of income tax, vs. M/s.Y.Ramulu and Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

search and seizure taken in cases of tax evasion. Besides these provisions, the Income Tax Act contains the machinery provisions for Collection and Recovery of Tax (Chapter XVII), Refunds (Chapter XIX), Settlement of Cases (XIXA), Appeal/Revision System (Chapter XX) and Penalties imposable under the Act (Chapter XXI). In determining the income tax liability of a person, computation of the total

COMMR.OF I.T. RKAJAHMUNDRY vs. T.RAMI REDDY AND ORS

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

search and seizure taken in cases of tax evasion. Besides these provisions, the Income Tax Act contains the machinery provisions for Collection and Recovery of Tax (Chapter XVII), Refunds (Chapter XIX), Settlement of Cases (XIXA), Appeal/Revision System (Chapter XX) and Penalties imposable under the Act (Chapter XXI). In determining the income tax liability of a person, computation of the total

Commissioner of Income Tax vs. Ms. B.krishna Murthy AND Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

search and seizure taken in cases of tax evasion. Besides these provisions, the Income Tax Act contains the machinery provisions for Collection and Recovery of Tax (Chapter XVII), Refunds (Chapter XIX), Settlement of Cases (XIXA), Appeal/Revision System (Chapter XX) and Penalties imposable under the Act (Chapter XXI). In determining the income tax liability of a person, computation of the total

The Commissioner of Income Tax vs. M/s.B.Satyanarayana AND Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

search and seizure taken in cases of tax evasion. Besides these provisions, the Income Tax Act contains the machinery provisions for Collection and Recovery of Tax (Chapter XVII), Refunds (Chapter XIX), Settlement of Cases (XIXA), Appeal/Revision System (Chapter XX) and Penalties imposable under the Act (Chapter XXI). In determining the income tax liability of a person, computation of the total