July 2013

Sec. 10(22)

Uttarakhand H.C : Where assessee trust raised a claim for exemption under section 10(23C), in view of fact that assessee had paid certain amount as repairs which ultimately landed in hands of father of Chartered Accountant of trust who was totally unconnected with repairs work, Assessing Officer rightly inferred that money had been siphoned away from trust and thus its claim for exemption was to be rejected

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High Court Of Uttarakhand Cambrian Hall Educational Trust Vs. CIT Assessment Years : 1998-99 To 2000-01 Section : 10(22) Barin

Section 147

Gujarat H.C : Where Assessing Officer having completed assessment under section 143(3), initiated reassessment proceedings after expiry of four years from end of relevant assessment year, in view of that in reasons recorded there was not even a whisper to effect that income had escaped assessment on account of any failure on part of assessee to disclose fully and truly all material facts necessary for its assessment, impugned reassessment proceeding deserved to be quashed.

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High Court Of Gujarat General Motors India (P.) Ltd. vs. DCIT Assessment Year : 2005-06 Section : 147 M.R. Shah

Section 147

Gujarat H.C : Where Assessing Officer having completed assessment under section 143(3), initiated reassessment proceedings after expiry of four years from end of relevant assessment year, in view of that in reasons recorded there was not even a whisper to effect that income had escaped assessment on account of any failure on part of assessee to disclose fully and truly all material facts necessary for its assessment, impugned reassessment proceeding deserved to be quashed.

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High Court Of Gujarat General Motors India (P.) Ltd. vs. DCIT Assessment Year : 2005-06 Section : 147 M.R. Shah

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