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Income Tax Case Laws - Section: 153C

Cases for Section: 153C
Showing 1 to 15 of 169 Records

2015 (7) TMI 6 - ITAT KOLKATA

KPC Medical College & Hospital and others Versus Dy. CIT, CC-XXIV, Kolkata

Penalty under section 271(1)(c) - unaccounted donations - notice under section 153C - argument of the ld. Departmental Representative was that if AO of the searched person and the assessee is the same it does not make any difference whether satisfact.....

2015 (6) TMI 762 - ITAT AHMEDABAD

Addplast Agencies Versus ACIT, Central Circle-3, Surat

Validity of Section 153C proceedings challenged - Deemed dividend addition u/s.2(22)(e) - Held that - Neither there existed any incriminating material as contemplated u/s.153C of the Act nor is the present a case of a valid satisfaction recorded ther.....

2015 (6) TMI 524 - ITAT HYDERABAD

DCIT, Central Circle-7 Hyderabad Versus M/s. AB Holding Company Hyderabad

Assessment under section 153A/153C - whether CIT(A) has erred in allowing the enhanced claims of interest on loans and depreciation in the proceedings initiated under section 142(1) of the I.T. Act. Held that - A perusal of the impugned order of the .....

2015 (6) TMI 601 - ITAT DELHI

M/s Computer Engineering Services India (P) Ltd. (Amalgamated With Istronics Ltd) , M/s Foryu Overseas (P) Ltd And Others Versus ACIT, Central Circle-21, New Delhi And Others

Search and Seizure - Notice u/s 153C - Statutory requirement of filing statement of facts with Form No. 35 was not complied with - whether CIT(A) has erred in law in adjudicating the appeal filed by the assessee? - Held that - arguments raised by the.....

2015 (5) TMI 153 - ITAT DELHI

DCIT, Central Circle-21, New Delhi Versus Grover Garments P. Ltd., Grover Garments P. Ltd. Versus DCIT, Central Circle-21, New Delhi

Validity of notice u/s 153C - Held that - The satisfaction note available reveals exfacie that the same has been recorded by the AO in the capacity of the AO of the person other than the person searched, thus, the satisfaction note has been recorded .....

2015 (5) TMI 308 - ITAT DELHI

DCIT Versus Grover Garments P. Ltd.

Unexplained purchases u/s 69C - proceedings u/s 153C - Held that - AO firstly make up his mind for making additions and noted some general allegations in paragraph no. 4, 5 & 6 and without bringing out any deficiency and defect in the audited boo.....

2015 (5) TMI 362 - BOMBAY HIGH COURT

Director of Income Tax (IT) II Versus M/s Ingram Micro (India) Exports Pte. Ltd.

Validity of proceedings under section 153-C - whether no satisfaction is recorded by the AO before initiating proceedings under section 153-C as held by ITAT admitting additional evidence? - Held that - The Assessing Officer did not allow inspection .....

2015 (5) TMI 905 - ITAT BANGALORE

Dy. Commissioner of Income Tax Versus Shri Vivek Pius Fernandes

Difference between the income declared - Disallowance u/s 40A(3) OR Section 37(1) - assessee has also challenged the jurisdiction invoked under Section 153C - Held that - it would be in the interest of justice and equity if the matter of assessment i.....

2015 (5) TMI 896 - ITAT DELHI

Assistant Commissioner of Income Tax Versus M/s Shrim Investment Solution (P) Ltd. & Deputy Commissioner of Income Tax

Unexplained credits - jurisdiction of provisions of section 153C r.w.s. 153A - CIT(A) deleted addition - Held that - CIT(A) has deleted the addition in dispute contrary to the principle of natural justice. It is very clear from the submission of the .....

2015 (4) TMI 545 - ITAT DELHI

M/s Brightways Housing & Land Versus DCIT

Validity of proceedings u/s 153 - Held that - After considering the satisfaction note and the assessment order of the AO for AY 2009-10, it is evident that the seized document belonged to AY 2009-10 and not to AY 2005-06 & 2006-07. Therefore, in .....

2015 (4) TMI 767 - ITAT HYDERABAD

ACIT & Others Versus Mr. Pratap Jadeja & Others

Addition on account of Undisclosed income - Addition on account of Inflated expenditure - Addition on account of unexplained foreign travels expenses - Addition on account of income surrender during search - Held that - In the case of Mr. B. Srinivas.....

2015 (4) TMI 671 - ITAT LUCKNOW

Ram Singhare Yadav, Rajjan Lal Vinod Gupta (HUF), Rajjan Lal Neeraj Gupta (HUF), Maya Devi Vinod Neeraj Gupta (HUF), Rajjan Lal Vinod Neeraj Gupta (HUF) Vinod Kumar Neeraj Gupta (HUF) Versus DCIT

Validity of assessment u/s 153C (ITA No. 503/Lkw/2013.) -Satisfaction recorded by Ao is not proper - Additions by AO based on petition before settlement commission - Issue of telescoping - Held that - It is seen that in the present case, satisfaction.....

2015 (4) TMI 190 - BOMBAY HIGH COURT

Commissioner of Income Tax-III, Pune Versus Sinhgad Technical Education Society

Legality and validity of the notice under section 153C - revenue's assertion that the AO is empowered under the statute to assess or reassess the total income of six assessment years immediately preceding the assessment year relevant to the previ.....

2015 (4) TMI 189 - BOMBAY HIGH COURT

Commissioner of Income Tax-I Versus Yashwantrao Chavan Smruti Nyas

Scope of Section 153C - exemptions u/s 11 denied - Revenue sought to rely on a search and seizure which revealed that certain documents were seized from the premises - Held that - On mere seizure of these documents it was not established that the ass.....

2015 (3) TMI 1012 - ITAT DELHI

DCIT Versus M/s. Extra Marketing Pvt. Ltd.

Assessment u/s 153C - lack of satisfaction note - Held that - we set aside the assessment and the impugned orders for the reason that the AO of the persons searched, namely, Sh. B.K. Dhingra, Smt. Poonam Dhingra & M/s Madhusudan Buildcon Pvt. Ltd.....

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