being set off in the regular assessments."
23. A perusal of s. 158BB reproduced above does not leave us in doubt that in determining ... 158BB also makes it abundantly clear that the process of regular assessment is totally different than the assessment under Chapter XIV-B in search cases
seen from the copy of the
Leave and License Agreement. It has also been submitted that the
appellant provides various amenities and facilities.
The question ... regularly, systematically and in an organized
manner. The appellant owns 3 fully furnished residential flats. These
flats have been given on leave and license basis
date of granting the refund to the date
of regular assessment.
Your appellants crave Leave to add, to alter, or amend
lakhs and Rs. 2,32,600 paid to BMC to regularize certain constructions. The learned Commissioner (Appeals) disallowed the claim by holding them ... contents of above letter leave no amount of doubt that expenditure was nothing but penalty to regularize 'unauthorized construction' carried out without obtaining
received in cheque are entered in the regular books of the assessee.
"The appellant craves leave to amend or alter any ground
Overseas Chinese Cuisine vs Assistant Commissioner Of Income-Tax on 1 January, 1996
Equivalent citations
Accountant being on leave, the accounts of April
2007 to date, could not be updated. However, regularly
our accounts are maintained regularly
Members of ₹.17,44,000/-, he submitted that this
is a regular annual expenditure of the assessee and assessee claims this
expenditure every year. In this ... this expenditure as a
regular expenditure allowable for this assessment year.
9. With regard to provision for encashment of staff leave which
assessee has claimed
entitled to several
benefits as allowed to regular employees such as medical
5
reimbursement. Insurance, leave encashment etc. Thus, there was no
employer-employee relationship ... entitled to several benefits as
allowed to regular employees such as medical reimbursement.
Insurance, leave encashment etc. All these facts and features would
bolster assessee
spent
some time on search work.
5. Since our regular CA had decided to leave us we tried to
find
