Deputy Commissioner Of Income Tax, ... vs No 1 Auto Finance, Karur on 6 August, 2025
Deputy Commissioner Of Income Tax, ... vs Help Line Motor Finance, Karur on 6 August, 2025
Deputy Commissioner Of Income Tax, ... vs No 1 Auto Finance, Karur on 6 August, 2025
Deputy Commissioner Of Income Tax, ... vs No 1 Auto Finance, Karur on 6 August, 2025
Deputy Commissioner Of Income Tax, ... vs Help Line Motor Finance, Karur on 6 August, 2025
153A. In order to travel beyond AY 2015-16, there must be an
underlying assets. The unaccounted cash credit represented in the form
of share ... income escaping assessment is represented by
undisclosed specified asset; (e) that the undisclosed specified asset was
acquired with the income of the relevant assessment year
date of lease, existence of assets on the date of lease and transaction of assets, etc., in respect of transactions of M/s Khoday India ... only to the difference in valuation of the assets in question and it cannot travel beyond the scope of the said objection and in this
have any asset backing of any king and income of scale.
(iii) The existence of share investments were not proved beyond doubt.
Hence, the claimed
situated at the end of
7.6 kms., but situated farther away well beyond 8 kms.
Sarkar Samakulam village admittedly is not a village
referred ... years. The
appellant submitted that the asset sold by him was not
a capital asset being located beyond the prescribed
limits as defined and further
funds which otherwise should be spent for the
creation of Fixed Assets, has been diverted to a few entities of the group
and the appellant ... been retained
by the Appellant or utilised for acquisition of any assets of personal nature
or spent for personal needs, but on the contrary