raised against the said documents including contention regarding illegality of the panchnama and seizure proceedings have been rejected by the Commissioner. While rejecting the said ... also been observed that Shri Bothra had stated in the course of panchnama that the premises were used as the guest house by the appellants
assessment including validity of search, a fact mentioned in the panchnama which even as per the Ld. Senior Standing Counsel was made available ... Senior Standing counsel is conveyed to the assessee through the relevant Panchnama. Let us examine for a minute what this document is. A copy thereof
view that in every case of search there should necessarily be a Panchnama whereas it is nowhere stated ... authorized officer to record the conclusion of search in the last Panchnama whereas it is nowhere stated
short during physical stock verification at the factory of HSG on 04.07.2001
Panchnama drawn on the factory and Form-IV register ... combined stock of Mahesh & Co. and Gopal Grinding Industries.
(i) Panchnama dt. 4.7.01 drawn at Gopal Grinding Industries
(ii) Stock Register
conducted by the Department of Central Excise at premises No. 133/283 (Panchnama at pages 94 to 96 of Department's Paper Book). This ... given at page 98 of Paper Book of Department).
11. According to Panchnama dated 27-11-1996, search was also conducted at premises
period of limitation on the basis of the recording of the last Panchnama pursuant to the warrant of search. Shri Venkatesan, submitted that after ... held that even after the insertion of the Explanation the last Panchnama to be reckoned is with reference to a valid Panchnama only
point of limitation has to be reckoned is the time of valid Panchnama drawn by such party. According to learned Authorised Representative the valid Panchnama ... that Panchnama which was drawn on 21st Dec, 2002 on which date the search was actually concluded. It is averred by the learned Authorised Representative
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Regency Mahavir Properties
panchnama drawn in the name of the person searched, heavy burden would
lie on the Revenue to prove by evidence ... distinct actions of two different
Income Tax Authorities under the Act. A panchnama needs to be drawn in
the name of the person against whom
transaction of 'First Global' Group were found and seized vide Panchnamas dt. 23rd March, 2001, 29th May, 2001 and 1st June ... ground and fourth floors, Crescent Chambers, Tamarind Lane, Fort Mumbai and vide Panchnama dt. 27th March, 2001 at the residential premises of the directors
address of
the assessee as well as the copy of the panchnama prepared on the
conclusion of the search at the premises of the assessee ... order wherein the coordinate bench has
categorically held that there is no panchnama drawn by the revenue
against the present assessee which is an admitted
