2015 (2) TMI 1029 - ITAT LUCKNOW
Shri Vinod Kumar Chaurasia Prop Gayatri Transport Versus Asstt. Commissioner of Income Tax
Validity of proceedings under section 153C non recording of satisfaction by the Assessing Officer in the case of "person subjected to search" - Held that:- Satisfaction by the Assessing Officer of the searched person was not recorded before initiatin ......
2015 (2) TMI 620 - ITAT DELHI
ACIT Central Circle, 2, New Delhi Versus Hari Chand Shri Gopal
Assessment initiated u/s 153C - Held that:- Going through the satisfaction note recorded in the case of the appellant, in which reference to the various annexures which includes Balance Sheet, P & L Account and Audited Accounts of the appellant compa ......
2015 (2) TMI 243 - ITAT HYDERABAD
DCIT, Central Circle-4, Hyderabad Versus M/s. Fancy Silks, Hyderabad
Validity of proceedings initiated u/s. 153C - CIT(A) set aside the proceedings - Held that:- In the course of present proceedings, learned D.R. was asked to furnish the evidence if any, of incriminating material relating to assessees so that proceedi ......
2015 (2) TMI 160 - ITAT DELHI
DCIT, Central Cirlce-5, New Delhi Versus Qualitron Commodities Pvt. Ltd.
Validity of assessment framed u/s 153C - Held that:- The documents seized during the course of search and seizure proceedings from the Rajdarbar Group have been referred as “relating to” the assessee, in the satisfaction note recorded by the AO while ......
2015 (2) TMI 11 - DELHI HIGH COURT
THE COMMISSIONER OF INCOME TAX (CENTRAL) -I Versus MOHAN MEAKINS LIMITED AND OTHERS
Scope of Section 153C - whether it enables the assessing officer to issue notice to third parties, on the basis of the satisfaction that “any money, bullion, any jewellery or other valuable article or thing or books of account or documents seized or ......
2015 (1) TMI 1117 - ITAT PANAJI
Smt. Lakshmi Singh Versus Dy. Commissioner of Income Tax
Justification to the proceedings u/s 153C - unaccounted and in genuine gifts - Held that:- The total income shall be determined in respect of assessment year for which original assessments have already been completed on the date of search by restrict ......
2015 (1) TMI 1108 - ITAT HYDERABAD
Asst. Commissioner of Income Tax, Hyderabad Versus Smt. A. Vijaya, Smt. Anne Vijaya
Unexplained investment - validity of proceedings u/s.153C - CIT(A) deleted addition considering the additional evidence and that proceedings u/s.153C are invalid and consequently, the assessment made in pursuance of the same was also invalid - Held t ......
2015 (1) TMI 1015 - ITAT HYDERABAD
Dy. Commissioner of Income-tax Versus M/s. Reliance Granite Pvt. Ltd.
Assumption of jurisdiction u/s 153A by AO - addition to income - CIT(A) deleted additions - Held that:- The Department has failed to bring any material on record to show that additions made were on the basis of any incriminating material. On the cont ......
2015 (1) TMI 1013 - ITAT PUNE
Shri Vittal Shripati Ladkat Versus The Asst. Commissioner of Income Tax
Invoking the jurisdiction under section 153C r.w.s. 153A of the Act - addition to capital gain - Held that:- Assessing Officer was holding the jurisdiction of the person searched under section 132 of the Act, from whose possession certain documents r ......
2015 (1) TMI 780 - ITAT DELHI
Sh. Bhupinder Pal Singh Sarna Versus Asstt. Commissioner of Income Tax, New Delhi
Maintainability of the assessment order passed by the AO u/s 143(3) instead of Section 153C of the Act - Held that:- As per clause (b) of subsection (1) of section 153A and second proviso, the AO can be issue notice for assessment or reassessment of ......
2015 (1) TMI 648 - ITAT DELHI
M/s. Global Heritage Venture Ltd. (Formerly known as M/s Krishna Buildwell & Developers Pvt. Ltd.) Versus DCIT, Central Circle-12, New Delhi
Search and seizure operation u/s. 132 - Notice u/s. 153C - Jurisdiction of AO to issue notice u/s 153C and, assessment framed u/s 153A/143(3) - Held that:- Issue in dispute has already been adjudicated and decided in favor of the assesse by the Hon’ ......
2015 (1) TMI 465 - ITAT MUMBAI
M/s. Mutha Parasram Dhanaji & Co. Versus Dy. Commissioner of Income tax
Undisclosed income - Additions made the basis of seized material - jurisdiction of the AO to assess the income of the assessee under section 153C read with section 143(3) of the Act challenged - Held that:- This case was earlier heard on 26.08.14 and ......
2014 (12) TMI 1067 - ANDHRA PRADESH HIGH COURT
Commissioner of Income Tax-III Versus M/s. Shettys Pharmaceuticals And Biologicals Ltd.
Assessment framed u/s 153C quashed – Assessment of income of any other person - Whether there is no satisfaction recorded by the AO having jurisdiction over the searched person – Held that:- The Tribunal was rightly in not accepting the initiation of ......
2014 (12) TMI 883 - ITAT LUCKNOW
Shri Anurag Pandey And Others Versus Dy. CIT., Central Circle-V, Kanpur
Addition of opening balance of cash in hand – Held that:- Search u/s 132 was carried out in Pandey group of cases on 19/04/2006 – as decided in All Cargo Global Logistics vs. DCIT [2012 (7) TMI 222 - ITAT MUMBAI(SB)] - in those AYs where the assessme ......
2014 (12) TMI 671 - ITAT DELHI
M/s. PD. Associates Pvt. Ltd. (Amalgamated with AR Infracon Pvt. Ltd.) (Through AR Infracon Pvt. Ltd.) Versus Assistant Commissioner of Income Tax
Validity of issue of notice u/s 153C – Assessment made on the merging companies – Company has already become non-existent on account of its merger with other company – Whether the issue of notice u/s 153C in the name of M/s P.D. Associates Pvt. Ltd. ......