Saurabh Srivastava vs. DCIT (ITAT Delhi Special Bench)

Related Posts:

• Doshi Accounting Services Pvt Ltd vs. DCIT (ITAT Ahmedabad Special Bench) We share the anguish of the learned counsel. The sequence of events, as set out above, does clearly shows inordinate delay in the special bench case being taken up. It appears that despite specific requisition by the learned Judicial Member and for the reasons best known to the persons concerned,…
• Doshi Accounting Services Pvt. Ltd vs. DCIT (ITAT Ahmedabad) (Special Bench) The provisions of chapter X are not impeding with the manner of the computation of exemption under section 10A of the Act, but it is to work out the true ALP qua the sale price of the impugned international transaction. Therefore we disregard the contentions of the ld. AR for…
• DCIT vs. Saurabh Mittal (ITAT Jaipur) The Assessing Officer has not brought any material on record to controvert the fact duly established by the supporting evidence of purchase bills, payment of consideration through bank, dematerialization of shares in the DEMAT account, allotment of the shares amalgamated new entity in lieu of the earlier two companies of…
• Saurabh Suryakant Mehta vs. ITO (Bombay High Court) In other words, during the previous reassessment proceedings, the Assessing Officer examined the alleged bogus sales of the assessee, taxed 2.25% thereof as assessee's additional income and passed the order of assessment accordingly. The Assessing Officer now believes that taxing 2.25% of the sales, was an error and instead the…
• Pee Aar Securities Ltd vs. DCIT (ITAT Delhi) As the things stand now, genuineness of transactions is to be examined in the light of the prevailing ground realities, and that is precisely what we have done. We are of the considered view that there is nothing to establish genuineness of the share subscription transactions on the facts of…
• JDC Traders Pvt. Ltd vs. DCIT (ITAT Delhi) If we accept the argument of the learned DR that u/s 154 of the Act, ld. AO is empowered to deal with the escapement of income in respect of which the reasons were not recorded even after the assessment reopened under section 147 of the Act is completed, it would…