rejecting assessee's contention of its case
being covered u/s 44AE of the Act.
3. Without prejudice to Ground ... various expenses, then, income should be
computed by taking guidance under section 44AE of the Act. The
ld.counsel for the assessee contended that
income from the business of plying trucks under
the provisions of section 44AE. While framing the assessment the
Assessing Officer made disallowance ... assessee has declared
the income under deeming of provisions of section 44AE, has attained
the finality. The Assessing Officer imposed levy of penalty
income from the business of plying trucks under
the provisions of section 44AE. While framing the assessment the
Assessing Officer made disallowance ... assessee has declared
the income under deeming of provisions of section 44AE, has attained
the finality. The Assessing Officer imposed levy of penalty
revised
return was at presumptive rates of tax as specified under section
44AE of the Act, which claim of the assessee - appellant had been
arbitrarily ... rejected without understanding the legal mandate of the
provisions of section 44AE of the Act and as such, the additions so
made by learned
transportation of two wheelers. The assessee had applied the provisions
of Sec.44AE and had filed her return of income on 27.10.2006. The return ... that the assessee had filed her return applying
the provisions of Sec.44AE of the Act. However, as the assessee had
calculated her total gross
erred in not completing the assessment by applying the
provision of section 44AE of the Act, 1961
2. For that on the facts ... vehicles was offered by the assessee
as per the provisions of section 44AE of the Act and accordingly
income from 5 trucks owned
same were not offered
on presumptive taxation basis as provided in section 44AE of the Act. He,
therefore, reopened the assessment after recording the reasons ... said business at Rs.2,94,000/- as per section 44AE of
the Act thereby making an addition
returned income for the
impugned assessment year on the basis of section 44AE of the Act.
Apart from income earned through supply of water ... filed
return of income after computing income under the provisions of
section 44AE the assessee is not required to explain individual entry of
the cash
also having transportation income which was shown under
presumptive taxation u/s 44AE of the act. The assessee failed to
satisfactorily explain with supporting material ... part of
freight income from Hitachi Freight income was shown u/s.44AE as
in the computation of income the assessee has shown income
hiring trucks of other transporters was not covered by the provision section
44AE of the Act. From the TDS certificates filed by the assessee along ... income about the transportation business, as per the provisions of
section 44AE of the Act, the AO made certain enquiries during the assessment proceedings
