Search Results Page
Search Results
1 - 5 of 5 (0.36 seconds)Section 69A in The Income Tax Act, 1961 [Entire Act]
Section 147 in The Income Tax Act, 1961 [Entire Act]
Reliance International Corporation ... vs Income-Tax Officer on 31 October, 1985
6. At the outset, ld. Counsel for the assessee submitted that ld.
AO erred in invoking the provisions of Section 69A of the Act. The
alleged sum of Rs. 4 lakh has been received against sale of
investments which are duly appearing in the balance sheet and are
brought forward from last year. Further, reliance was placed on
the decision of Coordinate Bench, Mumbai in the case of M/s.
Reliance Corporation vs. ITO in ITA No. 1069 to 1071/MUM/2017
order dated 12.04.2017.
Section 250 in The Income Tax Act, 1961 [Entire Act]
1