The Commissioner of Income Tax [Central] vs. Akula Nageswara Rao

The appeals stand dismissed

Bench: SANJAY KUMAR,GUDISEVA SHYAM PRASAD

3) of the Act at ` 8,81,13,290/- vide order dated 30.01.2014, Annexure A.1. Aggrieved by the order, the assessee filed an appeal before the Commissioner of Income Tax, (Appeals), [CIT(A)]. Vide order dated 30.12.2014, the CIT(A) deleted the whole addition. Thereafter, it was noticed that the assessee had owned seven units out of which four units

THE COMMISSIONER OF INCOME TAX-III vs. M/S. SOMA ENTERPRISES LTD

The appeal is disposed off accordingly

Bench: The Hon'Ble Mr. Justice Ravi Malimath

disallowing the expenses on which tax has not been deducted at source. 11. The same is disputed by the learned counsel for the respondent. 12. Section 40(a)(ia) of the Income Tax Act reads as follows: “Section 40 – Notwithstanding anything to the contrary in sections 30 to 38, the following amounts shall not be deducted in 10 computing

Andhra Pradesh Fibres Limited, vs. Addl. Commissioner of Income Tax,

disallowances are made, the mere absence of the discussion of the provisions of Section 80IB(13) read with Section 80IA (9) would not mean that the AO had not applied his mind to the said provisions. As pointed out in Kelvinator of India's case (supra) [CIT Vs. Kelvinator of India Ltd. (2002) 256 ITR 1 (Del) (FB)] , when

Commissioner of Income Tax vs. Dr. T.Ravi Kumar

The appeal is disposed of

3 (ii) Whether the Tribunal was correct in applying the provisions of Section 13(8) of the Act, thereby traversing beyond the scope of the appeal without appreciating the facts and circumstances and recorded a perverse finding? 2. Facts leading to filing of this appeal briefly stated are that assessee is a Trust engaged in the business of construction

The Commissioner of Income Tax-III vs. Smt.Anitha Sanghi

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

13 (3) The provisions of sub-Section (2) shall also apply in relation to a case where an assesee claims that no expenditure has been incurred by him in relation to income which does not form part of the total income under this Act. Provided that nothing contained in this Section shall empower the Assessing Officer either to reassess under

Andhra PRadesh Pradesh Fibres Limited vs. Assistant commissioner of Income Tax

In the result, the order passed by the

Bench: V.V.S.RAO,SANJAY KUMAR

disallowed 100% depreciation on pollution control equipments amounting to Rs.4,93,00,000/-. The assessing officer also taxed the notional income on the amount of loan advanced to Madhya Pradesh State Electricity Board. The said order was subject matter of challenge before the Commissioner of Income Tax (Appeals). The Commissioner of Income Tax (Appeals) by an order dated 30.08.2010 held

Commissioner of Income Tax, vs. Dr. T.Ravi Kumar,

Bench: : The Hon’Ble Justice Surya Prakash Kesarwani & The Hon’Ble Justice Rajarshi Bharadwaj Date : 10Th April, 2024. Appearance: Mr. J. P. Khaitan, Senior Advocate Mr. Sanjay Bhowmick, Advocate Ms. Swapna Das, Advocate … For The Appellant. Ms. Smita Das De, Advocate … For The Respondent. 1. Heard Sri J. P. Khaitan, Learned Senior Advocate Assisted By Sri Sanjay Bhowmick, Learned Counsel For The Appellant/Assessee & Ms. Smita Das De, Learned Senior Standing Counsel For The Respondent. 2. The Assessment Years Involved In The Present Appeal Are Assessment Year 1999-2000 & Assessment Year 2000-01. By Order Dated 16.08.2012, This Appeal Was Admitted On The Following Substantial Questions Of Law :-

13. The expression “assess” used in Section 147 of the Act, 1961 refers to a situation where assessment of income of an assessee for a particular year is, for the first time made by resorting to the provisions of Section 147 because the assessment had not been made in a regular manner under the Act. The expression “reassess” refers

COMM OF INCOME TAX, HYD vs. M/S. BALAN NATURAL FOOD PRIVATE LTD., HYD

Bench: RAMESH RANGANATHAN,KONGARA VIJAYA LAKSHMI

disallowed the aforesaid amount in terms of Section 14A of the Act. A sum of Rs.3,43,28,658/- being 5% thereof was estimated as expenditure incurred for earning such income. 3. The assessee, thereupon, filed an appeal. The Commissioner of Income Tax (Appeals) by an order dated 31.05.2011 partly allowed the appeal. Being aggrieved, the revenue as well

The Commissioner of Income Tax vs. M/s Kaveri Bar AND Restaurant,

Bench: ABHINAND KUMAR SHAVILI,V RAMASUBRAMANIAN

disallowance causing alleged escapement of income. Mr. Khaitan, learned senior counsel appearing for the assessee/petitioner relies on a decision of this Court in the case of Calcutta Club Ltd. vs. Income-Tax Officer and Ors. reported in (2020) 426 ITR 157 (Cal) particularly paragraph 30 of the said judgment which is quoted hereunder : “30. Considering the submission of the parties

The Commissioner of Income tax vs. M/s.V.Satyanrayana AND Others

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

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

Section 10 of the Act requires the Commissioner to assess the amount of tax due from the dealer and does not impose any liability as to “an order in writing”. In spite of these differences, the two provisions are substantially the same and impose on the assessing authority a duty to assess the tax after hearing such evidence

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

Section 10 of the Act requires the Commissioner to assess the amount of tax due from the dealer and does not impose any liability as to “an order in writing”. In spite of these differences, the two provisions are substantially the same and impose on the assessing authority a duty to assess the tax after hearing such evidence

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

Section 10 of the Act requires the Commissioner to assess the amount of tax due from the dealer and does not impose any liability as to “an order in writing”. In spite of these differences, the two provisions are substantially the same and impose on the assessing authority a duty to assess the tax after hearing such evidence

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

Section 10 of the Act requires the Commissioner to assess the amount of tax due from the dealer and does not impose any liability as to “an order in writing”. In spite of these differences, the two provisions are substantially the same and impose on the assessing authority a duty to assess the tax after hearing such evidence

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

Section 10 of the Act requires the Commissioner to assess the amount of tax due from the dealer and does not impose any liability as to “an order in writing”. In spite of these differences, the two provisions are substantially the same and impose on the assessing authority a duty to assess the tax after hearing such evidence

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

Section 10 of the Act requires the Commissioner to assess the amount of tax due from the dealer and does not impose any liability as to “an order in writing”. In spite of these differences, the two provisions are substantially the same and impose on the assessing authority a duty to assess the tax after hearing such evidence

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

Section 10 of the Act requires the Commissioner to assess the amount of tax due from the dealer and does not impose any liability as to “an order in writing”. In spite of these differences, the two provisions are substantially the same and impose on the assessing authority a duty to assess the tax after hearing such evidence

COMMISSIONER OF INCOME TAX, vs. M/S G.R.K.PRASAD AND OTHERS

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

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

Section 10 of the Act requires the Commissioner to assess the amount of tax due from the dealer and does not impose any liability as to “an order in writing”. In spite of these differences, the two provisions are substantially the same and impose on the assessing authority a duty to assess the tax after hearing such evidence

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

Section 10 of the Act requires the Commissioner to assess the amount of tax due from the dealer and does not impose any liability as to “an order in writing”. In spite of these differences, the two provisions are substantially the same and impose on the assessing authority a duty to assess the tax after hearing such evidence