concealment of Income as
decided by the Hon. Supreme Court in MAK Data Private Limited V.
CIT (2013) 358 ITR 593 (SC). In this case ... upheld the penalty by relying on the case of Mak Data Pvt. Ltd. Vs. CIT
358 ITR 593 (SC). However, the facts in the case
decision of Hon'ble Supreme Court in the case in MAK Data (P) Ltd.(supra) and
5 WTA NO.15/JP/2022 ... Supreme Court in the case of MAK Data Pvt. Ltd. vs. CIT . In the
case of MAK Data Pvt. Ltd., certain documents pertaining to share
lower authorities and also
placed reliance in the case of Mak Data (P) Ltd. vs. CIT ,358 ITR 593 (SC).
2.8 The ld. Counsel ... assessee in reply of Mak Data (P) Ltd. case
(supra) contended that in Mak Data case there was un-quantified surrender
whereas in this case
Supreme Court decision in the case of MAK Data (P.) Ltd. v. CIT [2013]
358 ITR 593/38 taxmann.com 448. The surrender of income ... judgment
of Hon'ble Supreme Court in the case of MAK Data (P.) Ltd. (supra).
But for imposing the penalty under Explanation
Supreme Court decision in the case of MAK Data (P.) Ltd. v. CIT [2013]
358 ITR 593/38 taxmann.com 448. The surrender of income ... judgment
of Hon'ble Supreme Court in the case of MAK Data (P.) Ltd. (supra).
But for imposing the penalty under Explanation
Supreme Court decision in the case of MAK Data (P.) Ltd. v. CIT [2013]
358 ITR 593/38 taxmann.com 448. The surrender of income ... judgment
of Hon'ble Supreme Court in the case of MAK Data (P.) Ltd. (supra).
But for imposing the penalty under Explanation
Sharda Vs ITO
Hon'ble Supreme Court in CIT vs. Mak Data Ltd. vs. CIT [2013-ITRV-SC-140]
has held that under Explanation ... full.
12. It may be clarified that the facts of Mak Data were completely
different being that there was a survey carried
Ajoy Sharma, Jaipur vs Dcit Central Circle-1, Jaipur, Jaipur on 22 July, 2024
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Ajoy Sharma , Jaipur vs Dcit Central Circle-1, Jaipur, Jaipur on 22 July, 2024
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Ajoy Sharma , Jaipur vs Dcit Central Circle-1, Jaipur, Jaipur on 22 July, 2024
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