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1 - 10 of 29 (0.30 seconds)Section 132 in The Income Tax Act, 1961 [Entire Act]
Section 269F in The Income Tax Act, 1961 [Entire Act]
The Income Tax Act, 1961
Commissioner Of Income-Tax vs Madho Properties Ltd. on 12 September, 1980
and CIT v. Madho Properties Ltd. [1981] 131 ITR 380 (Cal.).
East Coast Commercial Company Ltd. vs Income-Tax Officer And Ors. on 18 January, 1980
22. Now let us consider whether the subsequent material which was gathered by the competent authority after the initiation of proceedings can be made use of in order to validate the otherwise defective proceedings. The appellants' contention is that no such subsequent material can be looked into and relied upon the Calcutta High Court decision in East Coast Commercial Co. Ltd.'s case (supra), In the said decision the following is held :
Commissioner Of Income-Tax vs Arun Mehra on 14 March, 1985
24. Shri Aggarwal also argued that even principles of natural justice were not complied with in this case inasmuch as before the inspector visited the place he had not given any notice to the appellants and his valuation more or less depended upon theoretical considerations. Determination of market value on the basis of adopting theoretical calculations is illegal in view of the Delhi High Court decision in CIT v. Arun Mehra [1986] 157 ITR 308. In the said decision the Delhi High Court held as follows :
Adityam Iyer vs Rama Krishna Iyer And Three Ors. on 19 September, 1913
In Sarkar on Evidence at page 840 under the authority of famous Madras case in Adityam Ayer v. Rama Krishna Ayer AIR 1915 Mad.
K.S. Narasimhachari vs The Indo Commercial Bank Ltd., G.T. ... on 10 March, 1964
868, K.S. Narasimhachari v. Indo Commercial Bank Ltd. AIR 1965 Mad.
Chhugamal Rajpal vs S. P. Chaliha & Ors on 21 January, 1971
In support of this contention he relied upon the decision in Smt. Vimlahen Bhagwandas Patel's case (supra) at page 199 and Chhugamal Rajpal v. S.P. Chaliha [1971] 79 ITR 603 (SC) at page 608. The extract from the order sheet of the Commissioner's note file dated 27-3-1986 is as follows :