remove the difficulty faced by the applicants due to pendency of
the applications for long period in the absence of any time limit for
passing
regarding the availing of accommodation
entries of bogus long term capital gains. During the pendency of this
assessment proceedings u/s. 147 , an information
regarding the availing of accommodation
entries of bogus long term capital gains. During the pendency of this
assessment proceedings u/s. 147 , an information
allowing the recovery
proceedings to continue during the pendency of the appeal...". Essentially, therefore, as
long as the authorities below, including the Assessing Officer ... Tribunal to grant
stay on collection/ recovery of demands, during the pendency of appeal, cannot be exercised
in a routine manner simply on the basis
long term capital gains under the Act. Thereafter, the
assessee filed revised return on 08-09-2009 wherein the aforesaid long term
capital gains ... During the pendency of
scrutiny proceedings, assessee filed the second revised return on 11- 07 -2011, in
which, the aforesaid long term capital gains were
permit to impose tax at such point of time during the pendency of an issue unless and until it reaches to its finality. The amount ... because in such cases the dispute about the rate of compensation takes long time. He has argued that there is always a possibility of determination
dispute to the legal position that so long as any order/the intimation is in existence, the same can be rectified unless the context / legislative ... assessment year 1991-92. During the pendency of assessment proceeding, the Assessing Officer also issued intimation Under Section 143(1)(a) on 18.12.1992, wherein certain
Ambuja Cements Ltd ( Formerly Known As ... vs Addl Cit 3(1), Mumbai on 7 November
case of assessee was selected for
scrutiny under CASS. During the pendency of scrutiny assessment, the assessee
made declaration of Rs.32,86,815/- under ... Income Declaration Scheme 2016 (in
short 'IDS') in respect of Long Term Capital Gains (LTCG) from sale of shares
claimed as exempt
Dcit-Ltu - 2, Mumbai vs Ambuja Cements Ltd , Mumbai on 7 November, 2022
ITA Nos