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Commissioner of Income Tax, Alwar Versus Allora Service Station, Kumher Gate, Alwar

2016 (11) TMI 1019 - RAJASTHAN HIGH COURT

Revision u/s 263 - tds liability u/s 194C - Held that:- AO in his order has clearly mentioned that relevant records were produced and verified on test check basis and the assessment was framed after discussions, the information/ letter supplied by th .....

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always a debatable proposition depending on the authority concerned. It has been held that conceptual difference on the manner of inquiry cannot make the assessment order erroneous or prejudicial to the interest of revenue. Even on merits, there is n .....

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terest of revenue. - The Tribunal has thus given a finding that all the transactions are duly disclosed and it cannot be held that AOs order is erroneous or prejudicial to the interest of revenue. - Decided in favour of assessee. - DB Income Tax .....

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d the appeal of the assessee and quashed the order of CIT under Section 263 of the Act. 2. Learned counsel for the appellant has raised the following substantial questions of law: "(i) Whether the Tribunal was legally justified in quashing the o .....

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the order of the CIT specifically when after examining the record the CIT found that the assessment order was erroneous and prejudicial to the interest of the revenue and so direction for fresh assessment was given in accordance with the powers conf .....

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eard the rival contentions and perused the materials available on record. We find merit in the argument of the ld. Counsel for the assessee that M/s. BPCL awarded contract to the assessee subject to arrangement of dedicated tanker for supply of petro .....

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records, it emerges that the AO asked the queries which have been replied by the assessee. The AO in his order has clearly mentioned that relevant records were produced and verified on test check basis and the assessment was framed after discussions, .....

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