Sanjay Suganchand ... vs Dy.Commissioner Of Income Tax, Central ... on 24 March, 2025
IN THE
Assessing Officer , relying on the
findings of the Search, identified significant improbabilities in the
expenditure claimed by way of execution of contract works allotted ... expenditure
incurred through the agency of Sri Chandrakanth Reddy including the
various improbabilities, are identical to those in the case of Sri S.
Ianardhan Reddy
sheet
was down to a rupee and paise and that it was improbable
improbable that cash sales
would have been made in such a manner
Neeraj Agrawal,, Mirzapur vs Dcit, Mirzapur on 14 March, 2023
IN THE INCOME TAX APPELLATE
Income Tax Officer , Jaipur vs Raj Kumar Nowal, Jaipur on 22 November, 2022
vk;dj
from the point of
view of real income taking the probability or improbability of
realisation in a realistic manner and dovetailing of these
factors together ... This Court took the view that the probability or
improbability of realisation has to be considered in a realistic
manner and it was held that
Saroj Devi Haldiya,Jaipur vs Ito Ward-6(1), Jaipur, Jaipur on 13 October, 2025
provisions of law.
(d) The assessee does not establish that there was
improbability of recovery of advances/ interest.
(e) The assessee fails to establish objectively ... have not become sticky and the assessee
does not say there was improbability of recovery of
advances. This argument of the AO is not correct
going Arbitration proceedings between the two clearly evidence an
improbable chance of realization of payments due to SIS Live by Prasar
Bharti. SIS in turn ... from the point of view of real income taking the
probability or improbability of realization in a realistic manner.
Considering the facts of the case
noted that the
assessee is not a reputed company, therefore, it was improbable that
companies from Kolkata would invest such huge amount in such ... test of
human probabilities, the Ld. AO concluded that it was highly
improbable that companies from Kolkata would be investing such huge
sums of money