Institutional
Investor (FII). The A.O noticed from the departments data base (ITD),
that assesse had not filed its return of income for assessment year ... observed from the data as per ITD database that the assesse had
entered into purchase and sale of equities on stock
exchanges/commodities exchanges, however
basis of verification of data available on the ITBA/ITD database. While the third
addition was made on the basis of the perusal of details ... search/post-survey enquiries, perusal
of information available on ITBA/ITD database or information already available
on record in terms of delayed payment of employee
provisions of the Act.
Further, from the information available on ITD database, it is noticed that
the assessee has filed its return of income
Reasons for the belief that income had escaped assessment
As per ITD database and e-filing ITBA portal, return was filed till assessment year
placed in the file nor visible in the
online database, (ITD)(ITBA) for the assessment year 2009-10 & 2010-
11. It is evident from
inspector failed to locate the officer.
It has been found from ITD Data base that Shri Ajay Kumar Bajpei having PAN
AKOPB64951 has filed total ... Further it has been found from ITD database that Eastern Financial
Consultants Pvt. Ltd. And Pearl Financial Consultants Pvt. Ltd. (new name -
Vet Biotech
written
synopsis, the same is extracted herein under:
"As per ITD database assessee indulged in transaction worth Rs 2.99,01.918- in
National Mulu Commodity
available at the address mentioned in the PAN database of the
ITD system. Further, on enquiry in the neighbourhood, it was found that the
said
Bundle No. 3.
4.4 From the PAN database available on ITD system, it is noticed that
there is no entity names as M/s. Pearl
Database and
information received from ITD Individual Transaction Statement, it was
noticed that the assessee company had made total cash deposits
