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Income Tax Case Laws - Section: 153C

 

Income Tax


Cases for Section: 153C
 
Showing 1 to 15 of 102 Records
 

2014 (7) TMI 638 - ITAT HYDERABAD

M/s SHETTYS PHARMACEUTICALS & BIOLOGICALS LTD Versus DEPUTY COMMISSIONER OF INCOME TAX

Validity of proceedings u/s 153C of the Act Assessment of income of any other person - Held that:- The provisions contained u/s. 153C of the Act can only be invoked where there was satisfaction by the AO having jurisdiction over the person searche ......

2014 (7) TMI 214 - ITAT BANGALORE

The Himalaya Drug Company, Makali Versus DCIT, Central Circle 1(1), Bangalore

Issuance of notice passed u/s 153C of the Act - Whether the DRP was justified in issuing its directions beyond the time limit specified u/s 144C (12) of the Act and whether the final assessment order passed by the AO u/s 153C of the Act based on the ......

2014 (7) TMI 94 - BOMBAY HIGH COURT

The Commissioner of Income Tax-1 Versus Bharati Vidyapeeth Medical Foundation

Interpretation and construction of section 153C - assessment of another Assessee search and seizure action was carried out in the case of one Shri Ramchandra Dada Shinde, working as Accounts Officer - Held that:- There is no general rule laid down, ......

2014 (7) TMI 8 - BOMBAY HIGH COURT

The Commissioner of Income Tax-III Versus M/s. Kumar Company

Interpretation of section 153C - power of AO to assess the income of any other person Transferable development rights - post search and seizure assessment - Held that:- a casual resort to section 153C of the Act is impermissible. There must be som ......

2014 (6) TMI 807 - ITAT COCHIN

The Dy. CIT, Cent. Cir. 2, Ernakulam Versus Shri KP. Varghese

Estimation of profit in real estate business proceedings u/s 153BC - search and seizure operations - Held that:- the satisfaction of the assessing officer has to emerge from the material found during the course of search operation. - During the cou ......

2014 (6) TMI 442 - ITAT COCHIN

DEPUTY COMMISSIONER OF INCOME TAX Versus M/s DAMAC HOLDINGS PVT LTD

Validity of assessment u/s 153C of the Act wrong description of the designation in the notice - Held that:- The search was conducted in the premises of Mohiyuddin is none other than the director of both the companies - Shri Mohiyuddin was describe ......

2014 (5) TMI 362 - GUJARAT HIGH COURT

Rajhans Builders Versus Dy. Commissioner of Income Tax & 1

Validity of petition u/s 153C of the Act - Validity of Reference made to DVO Valuation of immovable properties Held that:- At this stage no interference is called for - Section 153C of the Act pertains to assessment of income of persons other tha ......

2014 (5) TMI 355 - ITAT MUMBAI

Mrs. Savia J. Purohit Versus Asstt. Commissioner of Income Tax

Addition made u/s 68 of the Act Unexplained cash credits Loans received from various persons Admission of additional evidences - Held that:- The assessee has received loans from 47 persons in cash during the financial year the cash loans aggr ......

2014 (5) TMI 199 - BOMBAY HIGH COURT

Commissioner of Income Tax-III, Pune Versus M/s. Kumar Company

Substantial question of law - Sale of Transferable Development Rights (TDRs) - Jurisdiction of the AO to issue notice u/s 153C of the Act - Quantification of profit on sale of TDR - Proper sale rate per sq.ft of TDR Held that:- The Tribunal has cor ......

2014 (5) TMI 158 - ALLAHABAD HIGH COURT

Commissioner of Income Tax (Central) Versus M/s. Gopi Apartment

Block Assessment - Requirement to record the satisfaction Proceeding u/s 153A & 153C versus 158BC, 158BD - Notice to be issued u/s 158BD of the Act - Notice for undisclosed income of any other person - At what stage of the proceedings under Chapter ......

2014 (5) TMI 109 - ITAT DELHI

ASSTT COMMISSIONER OF INCOME TAX AND DEPUTY COMMISSIONER OF INCOME TAX Versus M/s SARAYA INDUSTRIES LTD

Validity of assessment u/s 153C r.w. section 153A of the Act Incriminating documents - Held that:- The common satisfaction was recorded by the AO for initiation of proceedings u/s 153C of the Act in respect of the 19 parties - action u/s 133A of th ......

2014 (4) TMI 966 - ITAT DELHI

ACIT, Central Circle4, New Delhi Versus M/s. Prithvi Sound Products Co. Pvt. Ltd.

Deletion of disallowance u/s 24 of the Act Expenses of interest on borrowed capital Whether the addition cane be made u/s 153A/153C of the Act without any incriminating documents - Held that:- CIT(A)s order is quite elaborate and he has clearly ......

2014 (4) TMI 933 - ITAT AGRA

Smt. Nirmala Devi Keshwani and others Versus DCIT., Central Circle Agra

Validity of proceedings u/s 153C of the Act Income from house property and income from capital gain Held that:- The decision in Hardevi Keshwani Versus A. CIT, Central Circle, Agra [2013 (8) TMI 105 - ITAT AGRA] followed - No satisfaction note ha ......

2014 (4) TMI 894 - MADRAS HIGH COURT

Shri. N. Madanlal Daga (HUF) Versus The Assistant Commissioner of Income Tax

Assessment u/s 153C - Addition of income from business and jewellery business - Whether the Tribunal is right in confirming the estimated addition of income from business and jewellery business - Held that:- Tribunal held that there was sufficient e ......

2014 (4) TMI 818 - ITAT HYDERABAD

ASSTT COMMISSIONER OF INCOME TAX Versus SHRI K HEMANTH BABJI, TIRUPATI

Validity of assessment u/s 153C of the Act - Held that:- The condition precedent for assuming jurisdiction u/s 153C is seizure of article or thing or books of account or any documents belonging to the assessee concerned - AO has not referred to any s ......

 
   
 
 
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