Month: May 2016

Kerala H.C : the power in respect of an inquiry, in a case where no proceeding is pending, shall not be exercised by any income-tax authority below the rank of Director or Commissioner without the prior approval of the Director or, as the case may be, the Commissioner.

High Court Of Kerala Pattambi Service Co-Operative Bank Ltd. vs. Union Of India Section : 133 Thottathil B. Radhakrishnan, ACTG.CJ. And Mrs. Anu Sivaraman, J. Wa. Nos. 524, 828 & 2582 Of 2015 & 99, 100, 153, 154 & 155 Of 2016 May 24, 2016 JUDGMENT Anu Sivaraman, J. – These writ appeals are preferred against …

Allahabad H.C : The petitioner has also sought the quashing of the order dated 3 May 2016 by which the objections filed by the petitioner against the re-opening of the assessment for assumption of jurisdiction by the Income Tax Officer

High Court Of Allahabad ABC Classes PRS vs. Pr.CIT Section 69A Assessment Years : 2009-10 To 2011-12 Dilip Gupta And Ravindra Nath Kakkar, JJ. Writ Tax No. 455 Of 2016 May 23, 2016 ORDER 1. The petitioner, who claims to be engaged in providing commercial training and coaching classes to the aspirants of IIT, JEE, AIEEE, …

Rajasthan H.C : The AO framed the assessment order under Section 143(3) read with Section 148 of the Act and disallowed the additional depreciation on CPP claimed by the assessee

High Court Of Rajasthan CIT, Udaipur vs. Hindustan Zinc Ltd. Section 32, 80-IA, 80-IB and 148 Assessment year 2005-06 Sangeet Lodha And Kailash Chandra Sharma, JJ. D.B. It Appeal No. 166 Of 2014 May 20, 2016 ORDER Sangeet Lodha, J. – This appeal is directed against order dated 4.3.14 of the Income Tax Appellate Tribunal (ITAT), …

Delhi H.C : Value of the land at 8 and 9, Zamrudpur Community Centre, Delhi cannot be included in the taxable wealth of the Assessee under the Finance Act, 1983 read with the Wealth Tax Act, 1957

High Court Of Delhi Commissioner Of Wealth Tax Vs. Mohan Exports India (P.) Ltd. Section : 4 Assessment Years : 1989-90 To 1991-92 Dr. S. Muralidhar And Vibhu Bakhru, JJ. WTA Nos. 7 To 11 Of 2004 May 16, 2016 JUDGEMENT Dr. S. Muralidhar, J. – These appeals by the Revenue are directed against a common …

Delhi H.C : the ITAT is competent to adjudicate the order of the Assessing Officer (AO) under the proviso to Section 142(2C) of the Income Tax Act, 1961 (‘Act’) which is not provided either under section 246A or 253

High Court Of Delhi Pr. CIT vs. Nilkanth Concast (P.) Ltd. Section 142, 254 Assessment Year 2005-06 S. Muralidhar And Vibhu Bakhru, JJ. IT Appeal No. 312 Of 2016 May 13, 2016 ORDER 1. This appeal by the Revenue is directed against the order dated 14th October 2015 passed by the Income Tax Appellate Tribunal (‘ITAT’) …

Gujarat H.C : The Assessing Officer has no sufficient material to reject the books of account by invoking section 145 of the I. T. Act and deleting the addition though the Assessing Officer has elaborately brought on record the defects noticed during the course of assessment proceedings and work in progress valued by the Assessing Officer has been found correct

High Court Of Gujarat Pr. CIT-I vs. Garden Silk Mills Ltd. Section 145 Ms. Harsha Devani And G.R. Udhwani, JJ. Tax Appeal No. 412 Of 2016 May 6, 2016 JUDGMENT Ms. Harsha Devani, J. – By this appeal under section 260A of the Income Tax Act, 1961 (hereinafter referred to as “the Act”), the appellant – …

Bombay H.C : Where the Directors General or Chief Commissioner or Commissioners aforesaid are not in agreement, the order transferring the case may similarly be passed by the Board or any such Director General or Chief Commissioner or Commissioner as the Board may, by notification in the Official Gazette authorise in this behalf

High Court Of Bombay Ramswaroop vs. CIT-II, Nagpur Section 127 B. P. Dharmadhikari And P.N. Deshmukh, JJ. Writ Petition Nos. 2423 Of 2003 & 1455 Of 2004 May 6, 2016 JUDGMENT P.N. Deshmukh, J. – Both these petitions having similar facts can be disposed of by this common judgment. 2. In Writ Petition No. 2423/2003, challenge …

Gujarat H.C : The ITAT was right in ignoring the provisions of Sec. 50C(2)(b) of the Act as per which reference to Valuation Officer is not allowed by the AO if valuation of Stamp Valuation Authority is disputed before Revision Authority of Stamp Value organization and therefore whether ITAT was right in directing AO to adopt the value as per report of Valuation Officer which is obtained against the provisions of law

High Court Of Gujarat Pr. CIT-3 vs. Ravjibhai Nagjibhai Thesia Section 50C Assessment Year 2006-07 Ms. Harsha Devani And G.R. Udhwani, JJ. Tax Appeal No. 413 Of 2016 May 2, 2016 ORDER Ms. Harsha Devani, J. – By this appeal under section 260A of the Income Tax Act, 1961 (hereinafter referred to as “the Act”), the …
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