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Rampyari Devi Saraogi vs Commissioner Of Income-Tax, West ... on 1 May, 1967

A.Y.06-07 details of expenses after calling the details from the assessee and assessee has also supplied bills and vouchers of these expenses. Even the case law cited by Ld.CIT-DR of Hon'ble Apex Court in the case of Ram Payari Saraogi(supra) wherein it is held that the Commissioner may consider an order of the AO to be erroneous not only if it contains some apparent error of reasoning or of law or of fact on the face of it, but also because it is a stereo typed order which simply accepts, what the assessee has stated in his return and failed to make enquiries, which are called for in the circumstance of the case.
Supreme Court of India Cites 3 - Cited by 420 - Full Document

Commissioner Of Income Tax vs Mulchand Bagri. on 5 March, 1990

But the Hon'ble Calcutta High Court in the case of CIT Vs. Mulchand Bagri(1992) 108 CTR 206(Cal) stated that where the AO has made enquiries, it cannot be said that the order passed is prejudicial to the interest of revenue. In the present case the AO has made enquiries and the assessee replied to the enquiries, the order passed by the AO in the present case cannot be said to be either erroneous or prejudicial to the interest of revenue. Accordingly, we quash the revision order passed u/s.263 of the Act by CIT.
Calcutta High Court Cites 18 - Cited by 13 - S C Sen - Full Document

Commissioner Of Income Tax (Exemption) vs Mukesh Bhansali Charities Trust ... on 1 September, 2023

Hon'ble Madras High Court in the case of CIT Vs. Shakti Charities (2000) 244 ITR 226(Mad) held the similar view. Making a valid order u/s.263 of the Act the essential condition that the Commissioner has to record an express finding to the fact that the order sought to be revised is erroneous as well as prejudicial to the interest of the revenue and in the absence of any such finding, the order u/s.263 of the Act is liable to be set aside. We find that, in the present case before us, the AO has verified the 5 ITA 696/K/2011 M/s. Palco Distributors.
Supreme Court - Daily Orders Cites 0 - Cited by 1 - B V Nagarathna - Full Document
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