Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2015 (10) TMI 1753

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d successfully challenged the assessment made under Section 158BC before the Income Tax Appellate Tribunal and the Tribunal had set aside the assessment made. The Revenue appealed against the aforesaid decision, in an appeal filed under Section 260A - By a judgment of this Court [2015 (10) TMI 600 - DELHI HIGH COURT] upheld the Tribunal’s order and rejected the Revenue’s appeal. Since the asse .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... f the above averments and in the interest of justice. 2. It is the petitioner s case that he had supplied information to the Income Tax Authorities regarding alleged tax evasion by All India Personality Enhancement and Cultural Society for Scholars (AIPECCS Society)/Col. Satsangi Kiran Memorial Group. It is further submitted that pursuant to the information provided, search under Section 132( .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... an award of ₹ 4,41,577/- being 8% of the undisputed taxes of ₹ 55,19,717/- realized till that date and, after reducing the interim amount, a further sum of ₹ 3,41,577/- was paid to the petitioner on 28th March, 2003. 4. Since the assessment made under Section 158BC of the Income Tax Act, 1961 was challenged by AIPECCS Society, no further amount was found payable to the petiti .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... to provide any further information thereafter. 6. The Assessee, AIPECCS Society had successfully challenged the assessment made under Section 158BC of the Act before the Income Tax Appellate Tribunal; by an order dated 28th September, 2007, the Tribunal had set aside the assessment made. The Revenue appealed against the aforesaid decision, in an appeal filed under Section 260A of the Income Tax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates