Search Results Page
Search Results
1 - 10 of 15 (0.20 seconds)Section 132 in The Income Tax Act, 1961 [Entire Act]
Radhika Reddy Althuri, Hyderabad vs Acit, Central Circle-2(1), Hyderabad on 30 August, 2023
18. Recently, we had an occasion to examine an identical
issue in the case of Mahesh Reddy and others vs. ACIT in ITA
Nos.40 to 43/Hyd/2023 dated 1.8.2023 wherein we have held as
under:
Section 68 in The Income Tax Act, 1961 [Entire Act]
Section 132A in The Income Tax Act, 1961 [Entire Act]
Section 147 in The Income Tax Act, 1961 [Entire Act]
Section 148 in The Income Tax Act, 1961 [Entire Act]
Smt Nirmala Devi Singhania, Kolkata vs Dcit, Cc-3(3), Kolkata, Kolkata on 6 December, 2017
15. Per contra, the learned DR submitted that the
statement recorded by the Investigation Team is binding and is an
incriminating material as held by the learned CIT (A) and she
relied upon the decision of Smt. Dayawanti vs. CIT and the
Page 14 of 23
ITA Nos 507 and 508 of 2022 Jitender Kumar Gupta & Virender Kumar Gupta
dismissal order of the Hon'ble Supreme Court in the SLP in the
case of B. Krishna Kumar vs. DCIT.
Smt. Dayawanti Thr. Smt. Sunita Gupta vs Commissioner Of Income Tax on 27 October, 2016
In rebuttal, the learned AR submitted that the decision
of Smt. Dayawanti vs. CIT was considered and distinguished by
the Hon'ble Delhi High Court in the case of Kabul Chawla.
Further it was submitted that the decision of the Kabul Chawla
was upheld by the Hon'ble Supreme Court in the case of Abhisar
Builders.