including interest amount of Rs. 3,14,385/-) on
account of compulsory acquisition of land by the Government. A
prayer for rectification was made relying upon ... compulsory
acquisition of his Agriculture and Commercial Land as under:-
Sr. Certificate's No. Nature of Land Date of Receipt of Total TDS Net
compulsory acquisition of his Agriculture and Commercial
land as under:
Sr. Certificate's Nature of Date of Receipt Total TDS Net
Shamsher Singh Dullo, Khanna vs Assessee on 16 May, 2013
IN THE INCOME TAX APPELLATE
declared a net profit of
Rs. 1,77,08,798.70/- for the year ending 31.03.2017. Hence, on all
such amount of net profit ... assessee. Thereafter, the
case of the assessee was selected for Compulsory scrutiny and a
notice u/s 143(2) of the Act dated
loss account
prepared for the FY 2016-17 and declared a net profit of Rs 57,16,416/- and
thereafter, filed his return of income ... submitted that thereafter, the case of the assessee was selected for
compulsory manual scrutiny and a notice u/s 143(2) of the Act dated
interest income of Rs. 4,000/-,
the net profit of the assessee was worked out at Rs. 7,31,388/-. The
assessment was completed ... filed by you on 17.10.2016. Subsequently your case
was selected for compulsory scrutiny after serving you a
notice u/s 143(2) of the Income
miscellaneous
receipt by the Education Institute and after deducting the expenses, the net
surplus Rs. 3,47,180/- has been arrived at and which ... Commissioner of Income Tax (Exemptions),
Chandigarh. Thereafter, the case was selected for compulsory scrutiny. The
statutory notice
maintained stock register. The maintenance of stock register is not
compulsory in line of business carried on by the assessee as the same ... second issue which arises in the present appeal is application
of net profit rate for determining the income in the hands of the
assessee
maintained stock register. The maintenance of stock register is not
compulsory in line of business carried on by the assessee as the same ... second issue which arises in the present appeal is application
of net profit rate for determining the income in the hands of the
assessee
Haryana Urban Development Authority, ... vs Acit, Panchkula on 6 February, 2018
1
IN THE INCOME
