| COURT: | |
| CORAM: | |
| SECTION(S): | |
| GENRE: | |
| CATCH WORDS: | |
| COUNSEL: | |
| DATE: | (Date of pronouncement) |
| DATE: | March 15, 2008 (Date of publication) |
| AY: | |
| FILE: | |
| CITATION: | |
An order passed by the AO to give consequential effect to an appeallate order of an earlier year is not an order passed under section 154 and consequently the time limit of section 154(7) does not apply.
Related Posts:
- Indian Express Newspapers (Bombay) Private Ltd vs. IAC (Bombay High Court) Section 40(3) of the Act bringing to tax land and building which is not used for business purposes by companies in which public are not substantially interested to tax under the Wealth Tax Act and leaving out those land and buildings which are used for business purposes by companies in…
- CIT vs. ITD CEM India JV (Bombay High Court) Apart from that, the Tribunal's order is confusing. In the impugned order, the Tribunal does not indicate what it means by AOP. It does not indicate as to what it means by TAS for both sides tell us that it is identical to TDS, namely, Tax Deducted at Source. We…
- S. Rajalakshmi vs. ITO (Bombay High Court) The reopening of assessment u/s 147 on the basis of information in the form of observations of ITAT is on sound footing and which constitutes a tangible material for the purpose of reopening as the assessee did not file her return of income as required u/s 139(1) of the Act…
- CIT vs. L&T Finance Ltd (Bombay High Court) Mere using the words that there is concealment of income and / or furnishing inaccurate particulars of income would not in the absence of same being particularized, lead to imposition of penalty. It is only when the specified officer of the Revenue is satisfied that there has been concealment of…
- Jagdish C. Dhabalia vs. ITO (Bombay High Court) The deeming fiction under section 50C of the Act, must be given its full effect and the Court should not allow to boggle the mind while giving full effect to such fiction. We are not opposing the proposition canvassed by the Counsel of the Assessee that deeming fiction must be…
- Pr CIT vs. JWC Logistics Park Pvt. Ltd (Bombay High Court) We are pained to record this most unreasonable attitude on the part of the Advocate for the Revenue of seeking to reargue settled concluded issues, without having obtained any stay from the Apex Court. This results in unnecessary wastage of the scarce judicial time available in the context of the…
Related Judgements
- CIT vs. Silver Streak (Delhi High Court)
High Court deprectaes the practice of the department in mechnaically filing frivolous appeals. Observes that it causes inconvenience and wastes the time of the Court and results in sidelining of important issues. It accordingly imposes costs of Rs. 10,000 on … CIT vs. Silver Streak (Delhi High Court)…
- CIT vs. Saumya Leasing (Bombay High Court)
Deduction under section 80M can be claimed even in respect of the interim dividend declared for the succeeding financial year before the due date.
- CIT vs. Nicholas Piramal (Bombay High Court)
As s. 192 requires the employer to deduct tax on the “estimated income” of the employee, the test is whether he acted in a bona fide and honest manner. Where the employer allowed the employees deduction under sections 10(5) and 10(14) only on the basis of declarations filed by…
- Krishna Lifestyle vs. UOI (Bombay High Court)
(i) While the arrears of the State have priority over private debts owed to ordinary or unsecured creditors, this priority does not extend over secured creditors (subject to statutory exception). The fact that the tax arrears are recoverable as arrears … Krishna Lifestyle vs. UOI (Bombay High Court)…
- Idea Cellular vs. DCIT (Bombay High Court)
Where all the material facts were placed before the AO and he raised questions thereon, Explanation 1 to s. 147 has no application. Further, the argument that because there was no discussion in the assessment order, the AO had not … Idea Cellular vs. DCIT (Bombay High Court)…
Recent Comments