Narsinga RAO Vs ACIT (Telangana High Court) - Revenue had placed no material on record to show that the loose papers were in the hand-writing of assessee and there was no corroborative material on record to prove that the expenditure recorded in the said loose papers was incurred by assessee. Therefore, no addition could be made on account of u...
K.L. Swamy Vs Commissioner of Income Tax & Anr (Supreme Court of India) - Supreme Court held that persons other than searched persons shall be liable to pay the interest on late filing of the return under Section 158BC even in absence of a notice under Section 158BC of the Income Tax Act....
Mahendra Auto Services (AOP) Vs ACIT (ITAT Pune) - For issuing notice u/s 158BC, there has to be a search in the case of 'any person', then the Assessing officer shall serve a notice to 'such person'. It means notice u/s 158BC can be issued to only such person who has been searched u/s 132 of the Act....
Shri R. Bhoopathy Vs CIT (Madras High Court) - Shri R. Bhoopathy Vs CIT (Madras High Court) he scourge of Capitation Fee by Medical and Engineering Colleges is an infamous and thoroughly extortionist act that is going on in the education sector in our country and it is almost a known fact that these so called Educational Institutions act more li...
Shri Ashok Kumar Aggarwal Vs ACIT (ITAT Delhi) - Shri Ashok Kumar Aggarwal Vs ACIT (ITAT Delhi) AO repudiates the return filed u/s 1 58BC (a) of the Act and proceeds to make an enquiry, he has to necessarily follow the provisions of section 142, 143(2) and 143(3) of the Act. In the case before us, the Department has not been able to negate [&helli...
Circular No. 24/2015 - Income Tax - (31/12/2015) - CIRCULAR NO. 24/2015 Several High Courts have held that the provisions of section 153C of the Act are substantially similar/pari-materia to the provisions of section 158BD of the Act and therefore, the above guidelines of the Hon'ble SC, apply to proceedings u/s 153C of the IT Act, for the purposes ...
Narsinga RAO Vs ACIT (Telangana High Court) -
K.L. Swamy Vs Commissioner of Income Tax & Anr (Supreme Court of India) -
Mahendra Auto Services (AOP) Vs ACIT (ITAT Pune) -
Shri R. Bhoopathy Vs CIT (Madras High Court) -
Shri Ashok Kumar Aggarwal Vs ACIT (ITAT Delhi) -
Gunjan Girishbhai Mehta vs Director of Investigation & ORS (Supreme Court of India) -
HiKlass Moving Picture Pvt. Ltd Vs ACIT (ITAT Mumbai) -
CIT Vs Harjeev Aggarwal (Delhi High Court) -
Circular No. 24/2015 - Income Tax - 31/12/2015
The Asstt. CIT Vs M/s. Apoorva Caterers (ITAT Mumbai) -