delay. The third instance of malice is said to be reduction of budget allocation of Cantonment Board, Lucknow. Earlier, the Cantonment Board , Lucknow was allocated ... charge of CEO, Allahabad Cant is taken away.
22. Regarding reduction of allocation of budget, it has been said on behalf of the official respondents
taken by the assessee in citing the budget
speech to explain depletion of closing stock due to reduction of
import duty on one hand ... contested the AO's view that the Budget Speech dated
28.02.2011 proposing reduction of import duty from 30% to 5% has no
relevance
budgeted cost and remaining Rs.
5,73,73,123/- pertaining to reduction in budgeted cost on account of
parking area.
5. Aggrieved, the assessee carried ... grossly erred in disallowing Rs. 5,73,73,123/-
being reduction in the budgeted cost on account of parking area. It
was further explained that
Targets Achievements Clarifications, if any
Budget 50 G 51 G Executed
Collection 6.93 G 1.34 G Reduction of Rs.8.55 Cr.
Out of
demand ... focused guidance of highly respected, knowledge and informative C.I.T., the budget was achieved. To maximum collection, 11 surveys and 2 recovery surveys were
quarter end closing,
standardizing processes, planning and facilitating entity
reduction projects, consolidating budgets, driving and
managing global systems roll out and maintenance;
transfer pricing planning
M/S Himagiri Bio-Tech Pvt. Ltd.,, ... vs Department Of Income Tax on 22 May
Dlf Limited,New Delhi vs National Faceless Assessment Centre, ... on 23 April, 2025
IN THE
Dcit, Circle-7(1), Delhi vs Dlf Limited, Delhi on 23 April, 2025
IN THE
financially and mentally and that too without any notice, without explaining the
reduction in his payable basic, etc, as enumerated supra.
14. I gave ... only be
gain said that such drastic reduct-ion;and ;recoveryrwould! not'disturb his monthly
budget, I hold such unexplained recovery as unjust, iniquitous
directions may
be given to allow such deduction in respect of price reduction
in Assessment Year 2008-09; and he also drew our attention ... specification
Impact of budget changes (0.17) March 1, 2007
Total 61.16
6.2 The detailed working of the price reduction has been
provided in the paper
