asset [being immovable
property being land or building or both, shares and securities, loans and advances, deposits in
bank account).
The law makers [legislature ... From the language of the satisfaction note, it is apparent that the invocation of section
153C to the extended period was merely based on suspicion
under s.68 of the Act, on account of
share capital and share premium receipts, claimed to have been
made by the assessee company, during ... adjudicating the Ground No. 1
raised by the appellant against the very invocation of the
provisions of s. 153A of the Act in its case
file of the learned Assessing Officer, we find justification in
invocation of revisional jurisdiction by the learned CIT,
therefore, this judicial pronouncement also does ... available on record. The
facts which emerges are -
1. Major purchase of shares of Shree Precoated was made
by the assessee after the amount
business of the assessee, no apportionment is called for, much
less invocation of provisions of Section 14A read with Rule 8D
of the Income ... would be
reasonable to disallow 10 % on the amount invested in shares
treating rate of interest @ 10 % being paid on the advances
attributable to such
M/S Global Metal & Energy P Ltd, Mumbai vs The Acit Central-1 , Indore
Shri Raja Ram Patidar, Bhopal vs The Ito 1(2), Bhopal on 28 September, 2018
Deputy Commissioner Of Income Tax vs M. P. Laghu Udyog Nigam Ltd. (M. P. Laghu
Springbok Properties P Ltd, Indore vs Acit,Central Circle-1, Indore on 17 May, 2023
M/S. Ayushman Diagnostic Pvt. Ltd., ... vs The Dcit (Central)-1, Bhopal on 11 January
Rajdeep Construction Co., Betul vs Jcit Range-2, Bhopal on 23 November, 2016
आयकर अपील
