their bank account and, thereafter paid back to the assessee. It this background it was informed that the payment of commission was not genuine. Consequent ... from the assessee the case was transferred to Delhi.
3. In these background the Revenue felt that in this case the income has escaped assessment
property belonged to
the other parties . It is important to highlight the background that these are
assessment pursuant to search and incriminating material was found ... with all the adverse remarks
of the AO more-so with the background that it is an assessment pursuant to
search
claimed depreciation just to inflate its non-taxable income. In this background the investigations were carried out by the AO. The first issue which ... shall qualify for the benefit of Section 80-IA.
13. In this background the assessee contended that the steam so taken out from the turbine
High Court and surprisingly such Members
of National Commission have no judicial background and have not held the office
of a Judge of High Court ... Similarly as per Section 20 of the Act, a person with judicial
background can be become Member of State Commission as well as National
Commission
huge variation in the price/valuation of
shares,AOthen ventured intoexamining the background facts of the
entire issue leading to acquisition and sale of shares ... instead
it is 8.90%.
6. The AO, thereafter, traces the background of transaction of
acquisition and sale of shares of SBPL which has been discussed
course of its ordinary banking business."
4.5 In this background, the AO in the present case proceeded to consider the issue regarding the income ... such they should not be allowed.
7.12 In this background, the learned Authorised Representative was required to specifically address the Bench on the aspect
Bank,
Liechtenstien which are downloaded from the website, are summarized as
under:-
Background
Millions of Euros belonging to hundreds of citizens living in Germany were ... report on Chiu Fu (Far East) Limited, undated.
59. LGT Background Information/Profile for Maverick Foundation, dated
October 12,2001.
60. LGT Background Information/Profile
company for the past 30 years.
5.9. In the above background the CIT(A) was of the view that the basic question to
be answered ... Neelam Arora have benefited the appellant company.
Secondly, the credentials and the background of these two person which made
eligible for deputing them abroad have
shifted to the importer/noticee. Further the
presumption of innocence is a background assumption of our legal
10
system. Having said that, discharging the burden ... Xiaomi Technology India Private Limited
(Buyer), is stated below:-
1. DEFINITIONS:-
**** ***
"Background Intellectual Property Rights" means Buyer's Intellectual
Property or Seller
Books at the time of hearing before us.
3. In brief the background is that assessees belong to one family whose
business interests inter alia ... pertaining to the assessment year
2003-04.
5. In this case, the background is that the assessee is in the business of
dealership of petrol
