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Cit vs suresh chandra mittal

WebIn Suresh Chandra Goyal (Supra), Hon'ble High Court of Delhi observed: "59. Thus, when one party gives a security to the other, implicit in the said transaction is the … WebMar 18, 2024 · In Suresh Chandra Mittal's case (supra) the Court came out with an epoch-making ruling, viz., if an assessee files a revised …

CONCEALMENT PENALTY 271(1)(c), 158BFA & 271AAA

Webvi. CIT vs Suresh Chandra Mittal(2000) 241 ITR 124 (MP) 2.2. We have considered the rival submissions and perused the material available on record. The facts, in brief, are that a search and seizure operation u/s 132 of the Act was carried out at the business premises of M/s Etco Group as well as at the WebApr 24, 2015 · In case of CIT vs. Suresh Chandra Mittal 251 ITR 9 (SC), Hon’ble Supreme Court observed that if the assessee has offered the additional income to buy peace of … guttering leatherhead https://509excavating.com

Dr.B.Chendhilnathan, Chennai vs Department Of Income Tax on 29 ...

WebCommissioner Of Income-Tax vs Suresh Chandra Mittal on 26 July, 2001 Section 133(6) in The Income- Tax Act, 1995 Warning on Translation User Queries long terms capital gains stock exchange revised return bogus Revise income income or capital gains sale of share penalty proceedings suresh chandra mittal section 133(6) sureshchandra suresh … WebIndian Kanoon - Search engine for Indian Law Webcourt in the case of CIT vs. Suresh Chandra Mittal(2001) 251 ITR 9 (SC), affirming the decision by the Madhya Pradesh High Court ( reported at 241 ITR 124 (MP)) wherein the returns admitting additional income filed beyond the time limit available for furnishing revised returns were not considered invalid on that score. Further, a similar issue, had boxycharm september premium spoilers

Heranba Industries Ltd vs. DCIT (ITAT Mumbai) – itatonline.org

Category:DCIT, CHENNAI v. R.Revathy, CHENNAI Income Tax Appellate …

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Cit vs suresh chandra mittal

No penalty on income disclosed in revised After receipt of …

WebJul 6, 2016 · The Hon'ble Supreme Court has in fact confirmed the order of Madhya Pradesh High Court in CIT v. Suresh Chandra Mittal in which Hon'ble High Court had held that in this case the surrender was made after persistent queries made by the AO. Still, it was held by the Court that no penalty should be leived.

Cit vs suresh chandra mittal

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WebSir Shadilal Sugar and General Mills Ltd vs. CIT (1987) 168 ITR 705 (SC) CIT vs. Suresh Chandra Mittal (2001) 251 ITR 9 (SC) Even after proviso to explanation 1, voluntary surrender to buy peace penalty u/ s 271 (1) (c) can not be levied. Ramnath Jaganath vs. State of Maharashtra(1984) 57 STC 46,51 (Bom), WebApr 15, 2012 · Contrast with Suresh Chandra Mittal 241 ITR 124 (MP) affirmed in 251 ITR 9 (SC) & CIT vs. Rajiv Garg 313 ITR 256 (P&H) & SAS Pharmaceuticals 335 ITR 176 …

WebMar 12, 2009 · Suresh Chandra Mittal, [2001] 251 ITR 9/119 Taxman 433, has upheld the decision of the Madhya Pradesh High Court rendered in the case of CIT vs. Suresh … WebIn this connection, in the case of Suresh Chandra Mittal, the Hon'ble Supreme Court affirmed the decision of the Hon'ble M.P. High Court in CIT v. Suresh Chandra Mittal [2000] 241 ITR 124, wherein it was held that " The Revenue did not at all discharge the burden to prove that there was concealment of income by the assessee.

WebAug 12, 2024 · The assessee has relied on the following judgment. “Sale consideration offered for tax on receipt of notice u/s. 148 to buy peace of mind. Not proved by department that explanation of assessee was not bona fide Suresh Chandra Mittal relied SLP of dept dismissed In the case of CIT V/s. 1. Rajiv Garg 2. Siya Ram Garg 3. Sanjay Garg 4. WebNov 23, 2016 · The assessee also relied on the judgment of Honble Supreme Court in the case of CIT Vs. Suresh Chandra Mittal [251 ITR 9]. In the case relied up on by the assessee, the assessee has revised return of income under section 148 of the Act showing more income. Thereafter orders of the :: 7 :: ITA No.1450/Mds/2016 reassessment were …

Webcit vs suresh chandra mittal 251 itr 9 income tax income tax F: Deleration in Annexure v F: Applicability of GST F: Switching Over From Regular to Composition Scheme F: Input …

WebJan 30, 2024 · CIT vs Suresh Chandra Mittal (2001) 251 ITR 9 (SC) CIT vs. SAS pharmaceuticals (2011) 335 ITR 0259 (Del) CIT vs. Pushpendra Surana (2013) 96 DTR 0231 (Raj) In the instant case, the assessee had challenged the order passed by the CIT(A) in confirming the concealment penalty u/s 271(1)(c) of the Income Tax Act, 1961 (the Act). guttering lincolnshireWeb1 day ago · However, the AO initiated penalty proceeding under section 271 (1) (c) of the Act for concealment of income and finally levied the penalty which was also confirmed by the learned CIT (A). 10.1 It is a settled position of law that the penalty proceedings are different from assessment proceedings. boxycharm previous boxesWebMay 3, 2024 · ORIGINAL PDF. Manjit Singh v. Cit. This appeal by Assessee has been directed against the Order of the Ld. CIT (A)10, New Delhi, Dated 26.07.2024, for the … guttering lewisham