M/S. MUKKA PROTEINS LIMITED (FORMERLY KNOW AS MUKKA SEA FOOD INDUSTRIES LTD., ),MANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1 , MANGALORE

disallowed.\n8. The learned CIT[A] further ought to have appreciated that sanction\nu/s.153D was accorded is without application of mind and such a\nmechanically granted approval vitiates the assessment order\nrendering it to be held illegal and void-ab-initio under the facts and in\nthe circumstances of the appellant's case.\n9. Without prejudice to the right

M/S. MUKKA PROTEINS LIMITED (FORMERLY KNOW AS MUKKA SEA FOOD INDUSTRIES LTD., ),MANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1 , MANGALORE

disallowed.\n8. The learned CIT[A] further ought to have appreciated that sanction\nu/s.153D was accorded is without application of mind and such a\nmechanically granted approval vitiates the assessment order\nrendering it to be held illegal and void-ab-initio under the facts and in\nthe circumstances of the appellant's case.\n9. Without prejudice to the right

M/S. BARBEQUE NATION HOSPITALITY LTD,BENGALURU vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(2) , BENGALURU

In the result, appeals filed by the assessee are partly allowed

sections": [ "132", "153A", "143(3)", "250", "234A", "234B", "234C", "32(1)(ii)", "147", "148", "132(1)", "132(2)", "132A", "263", "143(2)" ], "issues": "Whether the disallowance

M/S. BARBEQUE NATION HOSPITALITY LTD,BENGALURU vs. DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-2(2), BENGALURU

In the result, appeals filed by the assessee are partly allowed

Bench: Shri. Laxmi Prasad Sahu & Shri. Keshav Dubey

disallowance of depreciation on goodwill is bad in law (For the A.Ys. 2013-14 to 2018-19). b. The proceedings under section 153A of the Act in the absence of any incriminating material and consequently the assessment orders passed are without jurisdiction (For the A.Ys. 2013-14 to 2016-17). c. The search action under section 132

M/S. BARBEQUE NATION HOSPITALITY LTD,BENGALURU vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(2), BENGALURU

In the result, appeals filed by the assessee are partly allowed

Bench: Shri. Laxmi Prasad Sahu & Shri. Keshav Dubey

disallowance of depreciation on goodwill is bad in law (For the A.Ys. 2013-14 to 2018-19). b. The proceedings under section 153A of the Act in the absence of any incriminating material and consequently the assessment orders passed are without jurisdiction (For the A.Ys. 2013-14 to 2016-17). c. The search action under section 132

M/S. BARBEQUE NATION HOSPITALITY LTD,BENGALURU vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE-2(2), BENGALURU

In the result, appeals filed by the assessee are partly allowed

Bench: Shri. Laxmi Prasad Sahu & Shri. Keshav Dubey

disallowance of depreciation on goodwill is bad in law (For the A.Ys. 2013-14 to 2018-19). b. The proceedings under section 153A of the Act in the absence of any incriminating material and consequently the assessment orders passed are without jurisdiction (For the A.Ys. 2013-14 to 2016-17). c. The search action under section 132

M/S. BARBEQUE NATION HOSPITALITY LTD,BENGALURU vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(2) , BENGALURU

In the result, appeals filed by the assessee are partly allowed

disallowance of depreciation on goodwill is bad in law\n(For the A. Ys.2013-14 to 2018-19).\nb.\nThe proceedings under section 153A of the Act in the absence\nof any incriminating material and consequently the\nassessment orders passed are without jurisdiction (For the\nA.Ys.2013-14 to 2016-17).\nC.\nThe search action under section 132

M/S. SRI DEVARAJ URS EDUCATIONAL TRUST FOR BACKWARD CLASSES (REGD),KOLAR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE- 1(4), BANGALORE

Bench: Shri Chandra Poojari & Smt. Beena Pillai

132 is a unique kind of assessment where the focus is on assessing income on incriminating material and such material should be representative of concealed income. The AO cannot merely say that it is difficult to find directly incriminating evidence and hence, he wants to resort to estimation. Presence of incriminating material alone confers jurisdiction to make assessment under section

M/S. SRI DEVARAJ URS EDUCATIONAL TRUST FOR BACKWARD CLASSES (REGD),KOLAR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE- 1(4), BANGALORE

Bench: Shri Chandra Poojari & Smt. Beena Pillai

132 is a unique kind of assessment where the focus is on assessing income on incriminating material and such material should be representative of concealed income. The AO cannot merely say that it is difficult to find directly incriminating evidence and hence, he wants to resort to estimation. Presence of incriminating material alone confers jurisdiction to make assessment under section

M/S. SRI DEVARAJ URS EDUCATIONAL TRUST FOR BACKWARD CLASSES (REGD),KOLAR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE- 1(4), BANGALORE

Bench: Shri Chandra Poojari & Smt. Beena Pillai

132 is a unique kind of assessment where the focus is on assessing income on incriminating material and such material should be representative of concealed income. The AO cannot merely say that it is difficult to find directly incriminating evidence and hence, he wants to resort to estimation. Presence of incriminating material alone confers jurisdiction to make assessment under section