Case Law Details
Case Name : Pr. Cit Vs Samtel India LTD (Delhi High Court)
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All High Courts Delhi High Court
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Pr. CIT Vs Samtel India LTD (Delhi High Court)
From the facts of this case it is clear that the assessee disclosed all the particulars of his income. The AO has disallowed his claim without holding it to be bogus or false. Hence, the genuineness of the loss occurred is not at question here. The Supreme Court while elaborating the scope of section 271(1)(c) in CIT vs Reliance Petroproducts Pvt Ltd [2010] 322 ITR 158 held that-
“A glance of provision of section 271 (l) (c) would suggest that in order to be covered, there has to be concealment of the particulars of the income of the assessee. S...
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Can an Assessee individually file appleal to a commissioner of income tax in form 35 or under form -3 if time of reply have been lapse.