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Ecil Rapiscan Limited.,, Hyderabad vs Assessee on 7 April, 2016 cites

M/S. Phool Chand Bajrang Lal And Another vs Income-Tax Officer And Another on 13 July, 1993

In the case of Phool Chand Bajrang Lal Vs. ITO [203 ITR 456] (supra), the facts indicate that the AO at Azamgarh has received confidential communication from ITO, Companies Distt. III P/7, Chowringhee Square, Calcutta that certain transactions with M/s. Jain Finance Distributors (India) Private Ltd, were admitted to be bogus and the company lent its name to enable different parties to bring into their books, black money under the guise of the loan from the said company. After receipt of that information, the ITO at Azamgarh, not only confronted assessee with the communication but also summoning the Directors of the said company, examined them, offered for cross-examination and then completed the assessment. In those facts of the case, when there is a challenge for reopening of the assessment Hon'ble Court has held as under:
Supreme Court of India Cites 15 - Cited by 508 - S C Agrawal - Full Document

Income Tax Officer, I Ward, Dist, Vi, ... vs Lakhmani Mewal Das on 30 March, 1976

In the case of Phool Chand Bajrang Lal Vs. ITO [203 ITR 456] (supra), the facts indicate that the AO at Azamgarh has received confidential communication from ITO, Companies Distt. III P/7, Chowringhee Square, Calcutta that certain transactions with M/s. Jain Finance Distributors (India) Private Ltd, were admitted to be bogus and the company lent its name to enable different parties to bring into their books, black money under the guise of the loan from the said company. After receipt of that information, the ITO at Azamgarh, not only confronted assessee with the communication but also summoning the Directors of the said company, examined them, offered for cross-examination and then completed the assessment. In those facts of the case, when there is a challenge for reopening of the assessment Hon'ble Court has held as under:
Supreme Court of India Cites 15 - Cited by 885 - H R Khanna - Full Document
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