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Shri. Ghanshyam K. Khabrani vs Assistant Commissioner Of Income Tax on 12 March, 2012

We find that our aforesaid view is fortified by the judgment of the Hon'ble High Court of Bombay in the case of Ghanshyam K. Khabrani Vs. Assistant Commissioner of Income- tax (2012) 346 ITR 443 (Bom), wherein the High court deliberating on the scope of Sec. 151 held that powers which are conferred upon a particular authority have to be exercised by that authority and the satisfaction which the statute mandates of a distinct authority cannot be substituted by the satisfaction of another.
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