The Director of Income Tax, (Exemptions) vs. Royal Education Society

In the result, the appeal is disposed of

Bench: ANIS,SANJAY KUMAR

addition to that item or 15 items which have led to the issuance of notice under Section 148 and where ressessment is made under Section 147 in respect of income which has escaped tax, the Income Tax Officer's jurisdiction is confined to only such income which has escaped tax or has been under-assessed and does not extend

PROGREESIVE CONSTRUCTIONS LIMITED vs. JT. COMMISSIONER OF INCOME TAX

Bench: C.V. BHASKAR REDDY,UJJAL BHUYAN

addition to those item or items which had led to issuance of notice under Section 148. It has been clarified that it is only the under-assess ment which is set aside and not the entire assessment where reassessment proceedings are initiated, An assessee cannot resist validly initiated reassessment proceedings merely by showing that other income

Commissioner of Income Tax - III vs. Cyber Towers

The appeal is partly allowed

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

addition of 40% of the established income should be the warrant for determining future prospects. 6 Thus, the amount of compensation in regard to financial loss is being re-assessed as under: On account of financial loss: Sl. No. Head Calculation (amount in rupees) Assessment of income 1 Annual income of the deceased for the purpose of dependency Rs.56

Commissioner of Income Tax (TDS) vs. M/s. Hindustan RAtna (JV)

The Appeals are disposed of by modifying the award dated 20

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

addition in income towards "future prospects" can only be given in case of death, and not for injury, which cannot be the intention of this court as no such observation is made. It was argued that the High Court should have reassessed

COMMR OF INCOME TAX [TDS], HYDERABAD vs. M/S JAYADARSHINI HOUSING PVT LTD., HYDERABAD

Appeals are hereby dismissed by

Bench: P.SAM KOSHY,NARSING RAO NANDIKONDA

Additional Commissioner of Income Tax (vi) (2014) 265 CTR 540 Commissioner of Income Tax & Another vs. Sasken Communication Technologies Ltd. 7. Per contra, Sri Suryanarayana, learned Advocate would support the order passed by the Tribunal and contends that the assessing Officer at the first instance had examined the issue of excluding certain sum from the export turnover on the ground

M/s.CCL Products [India] Limited vs. The Commissioner of Income Tax-I

reassessed the income by him from the Central Excise Department without bringing any material on record to justify or support the additions

The Commissioner of Income Tax -I, vs. M/s. Bhagyanagar Studios

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

additional 30% deduction for income tax should have been applied, as mentioned in the judgment as following: "I would also see that his income tax liability at a higher bracket at 30% and provide for deduction and take an annual contribution after providing for deduction as made above at Rs. 6,70,154/-." Thus, It is contended that the omission

The Commissioner of Income Tax -V, vs. M/S Secunderabad Club

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

income and the extent of W.P.(C) 422/2006, 2794/2008, 2795/2008 & 8177/2008 Page 10 of 10 deduction claimed. Now, Usha International (supra) referred to by the revenue itself points out that if some aspect, vital or important, is overlooked during assessment, per se the remedy are not reassessment, but rather, the corrective jurisdiction under Section 263. That such jurisdiction cannot

EVEREST ORGANICS LTD vs. THE COMMISSIONER OF I.T., HYDERABAD

Bench: C.V. BHASKAR REDDY,UJJAL BHUYAN

reassessment proceedings. The relevant seized documents and set of papers were sent to the Commissioner of Income Tax (CIT), Jabalpur on 1-3-1995. d) The documents so received by the AO at Bhilai included one spiral bound diary, which was marked as MR-71/91. In the said diary certain receipts and disbursement of money was found

C. SANYASI RAJU vs. THE ASST. COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE, VIZAG.

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

reassessment proceedings. The relevant seized documents and set of papers were sent to the Commissioner of Income Tax (CIT), Jabalpur on 1-3-1995. d) The documents so received by the AO at Bhilai included one spiral bound diary, which was marked as MR-71/91. In the said diary certain receipts and disbursement of money was found

The Commissioner of Income Tax-III vs. M/s.Samrakshna Electricals Ltd

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

reassessment proceedings. The relevant seized documents and set of papers were sent to the Commissioner of Income Tax (CIT), Jabalpur on 1-3-1995. d) The documents so received by the AO at Bhilai included one spiral bound diary, which was marked as MR-71/91. In the said diary certain receipts and disbursement of money was found

M/s.GVK Petro Chemicals Private Limited,(Novo Resins AND vs. The Deputy Commissioner of Income Tax,

reassessment proceedings. The relevant seized documents and set of papers were sent to the Commissioner of Income Tax (CIT), Jabalpur on 1-3-1995. d) The documents so received by the AO at Bhilai included one spiral bound diary, which was marked as MR-71/91. In the said diary certain receipts and disbursement of money was found

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

Bench: ABHINAND KUMAR SHAVILI,V RAMASUBRAMANIAN

reassessment after expiry of four years from the end of relevant assessment year that in addition to escapement of income

The Commissioner of Income Tax - III, vs. M/s. Suven Pharmaceuticals Limited,

Appeals are dismissed

additional  income­tax,   if   any,   payable   under   section  143.] (2) Where, before the date of [determination  of   total   income   under   sub­section   (1)   of  section   143   or]   completion   of   a   regular  assessment, tax is paid by the assessee under  section 140A or otherwise,­* (i) interest   shall   be   calculated   in  accordance with the foregoing provisions  of this section up to the date

The Pr. Commissioner of Income Tax-2 vs. M/s.ZENOTECH LABORATORIES LIMITED

Appeal is dismissed

Bench: P.SAM KOSHY,LAXMI NARAYANA ALISHETTY

reassess the 'total income' of the aforementioned six years in separate assessment orders for each of the six years. In other words there will be only one assessment order in respect of each of the six AYs "in which both the disclosed and the undisclosed income would be brought to tax". iv. Although Section 153 A does not say that

Commissioner of Income Tax-III vs. S.P.Office Needs Pvt Ltd

The appeals are dismissed

reassess the 'total income' of the aforementioned six years in separate assessment orders for each of the six years. In other words there will be only one assessment order in respect of each of the six AYs "in which both the disclosed and the undisclosed income would be brought to tax". iv. Although Section 153 A does not say that

The Commissioner of Income Tax-IV vs. M/s. Meghadoot Drillers,

addition of Rs. 36,65,948/- made on account of suppression of scrap sales ignoring the multiple evidences and proved modus operandi of the assessee? 10. Whether the order of the Tribunal is perverse in (3 of 7) [ITA-473/2011] confirming the order of CIT(A) by giving no independent reasons in support of its affirmation and therefore

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

ADDITIONAL COMISSIONER OF INCOME-TAX LTDU JSS TOWERS BSK III STAGE BANGALORE. ... APPELLANTS (By Sri.K.V.ARAVIND, ADV.,) AND: M/S ASTRA ZENECA PHARMA INDIA LTD. P.B.NO.2483 OFF BELLARY ROAD HEBBAL BANGALORE. ... RESPONDENT (By Sri.S.PARTHASARATHI SMT.JINITA CHATTERJEE, ADV.) - - - 3 THIS ITA IS FILED UNDER SECTION 260-A OF I.T. ACT, 1961 ARISING OUT OF ORDER DATED 29.09.2011 PASSED IN ITA NO.1202/BANG/2010

The Pr. Commissioner of Income-Tax-1 vs. M/s. New River Software System Pvt Ltd.,

The appeals are dismissed

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

Income Tax Appellate Tribunal (‘the Tribunal’) had allowed the assessee’s appeal and deleted the additions made by the Assessing Officer (‘AO’). 2. The relevant facts of the case pertaining to the appeals filed in 2013 are that pursuant to the search proceedings under Section 132 of the Act conducted at the office and residential premises of the assessee