Cit vs suresh chandra mittal

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August undefined, 2024

Webproceedings are not conclusive. The decision in CIT vs. Suresh Chand Mittal(251 ITR 9) (SC) further fortifies the case of the assessee. In the present appeal, when the wrong claim/mistake was brought to the notice of the assessee, that too, during assessment proceedings itself (before passing the assessment order), the assessee paid the due taxes, WebIn CIT v. Suresh Chandra Mittal [2001] 251 ITR 963 (SC) the assessee filed revised returns showing higher income after search and notice for reopening of assessment, to purchase peace and avoid litigation and Department simply rested its conclusion on the act of voluntary surrender done by the 8 I.T.A. No. 327/Del/2014 Assessment year 2008-09 ...

Manjit Singh v. Cit Income Tax Appellate Tribunal Judgment

WebMar 12, 2009 · Suresh Chandra Mittal, [2001] 251 ITR 9/119 Taxman 433, has upheld the decision of the Madhya Pradesh High Court rendered in the case of CIT vs. Suresh … WebCommissioner Of Income-Tax vs Suresh Chandra Mittal on 26 July, 2001 Section 133(6) in The Income- Tax Act, 1995 Warning on Translation User Queries long terms capital gains stock exchange revised return bogus Revise income income or capital gains sale of share penalty proceedings suresh chandra mittal section 133(6) sureshchandra suresh … nord templar

Dr.S.Duraiswamy, Chennai vs Department Of Income Tax - Indian …

WebJul 20, 1999 · vs Suresh Chandra Mittal on 20 July, 1999 Equivalent citations: 2000 241 ITR 124 MP Author: B Khan-Bench: B Khan, S Singh JUDGMENT B.A. Khan, J. 1. The Income-tax Appellate Tribunal has made this reference and has filed statement of the case, for opinion of this court on the following question : WebSir Shadilal Sugar and General Mills Ltd vs. CIT (1987) 168 ITR 705 (SC) CIT vs. Suresh Chandra Mittal (2001) 251 ITR 9 (SC) Even after proviso to explanation 1, voluntary surrender to buy peace penalty u/ s 271 (1) (c) can not be levied. Ramnath Jaganath vs. State of Maharashtra(1984) 57 STC 46,51 (Bom), WebIn Suresh Chandra Goyal (Supra), Hon'ble High Court of Delhi observed: "59. Thus, when one party gives a security to the other, implicit in the said transaction is the … nord theme for windows 11

Income Tax Officer vs Babitaben Rameshbhai Patel on 14 March, …

DCIT, CHENNAI v. R.Revathy, CHENNAI Income Tax Appellate …

WebIn this connection, in the case of Suresh Chandra Mittal, the Hon'ble Supreme Court affirmed the decision of the Hon'ble M.P. High Court in CIT v. Suresh Chandra Mittal [2000] 241 ITR 124, wherein it was held that " The Revenue did not at all discharge the burden to prove that there was concealment of income by the assessee. WebThe assessee has filed this appeal for assessment year 2002-03 against the order of learned CIT(Appeals) dated 17th January, 2011 disputing the confirmation of penalty of Rs.2,91,552/- levied u/s 271(1)(c). ... The Tribunal after considering the decision of Hon'ble Apex Court in the case of CIT vs. Suresh Chandra Mittal 251 ITR 9 deleted the ... how to remove glass from carpetWebJul 6, 2016 · The Hon'ble Supreme Court has in fact confirmed the order of Madhya Pradesh High Court in CIT v. Suresh Chandra Mittal in which Hon'ble High Court had held that in this case the surrender was made after persistent queries made by the AO. Still, it was held by the Court that no penalty should be leived. how to remove glasses from frame

"WebJul 26, 2001 · CIT vs Suresh Chandra Mittal – Supreme Court of India TG Team Income Tax - Judiciary Download PDF 26 Jul 2001 9,245 Views 0 comment Case Law Details … " - Cit vs suresh chandra mittal

Cit vs suresh chandra mittal

Dr.S.Duraiswamy, Chennai vs Department Of Income Tax - Indian …

WebApr 15, 2012 · Contrast with Suresh Chandra Mittal 241 ITR 124 (MP) affirmed in 251 ITR 9 (SC) & CIT vs. Rajiv Garg 313 ITR 256 (P&H) & SAS Pharmaceuticals 335 ITR 176 …

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WebIn case of CIT vs. Suresh Chandra Mittal 251 ITR 9 (SC), Hon'ble Supreme Court observed that if the assessee has offered the additional income to buy peace of mind and to avoid litigation penalty u/s.271 (1) (c) of the Act cannot be levied. Webvi. CIT vs Suresh Chandra Mittal(2000) 241 ITR 124 (MP) 2.2. We have considered the rival submissions and perused the material available on record. The facts, in brief, are that a search and seizure operation u/s 132 of the Act was carried out at the business premises of M/s Etco Group as well as at the

WebMar 18, 2024 · In Suresh Chandra Mittal's case (supra) the Court came out with an epoch-making ruling, viz., if an assessee files a revised … WebCommissioner Of Income-Tax vs Suresh Chandra Mittal on 26 July, 2001 User Queries ambal concealment of income undisclosed income revised return 153a penalty proceedings income tax returns suresh chandra mittal m. ambalal sureshchandra suresh chandra furnishing inaccurate particulars sec 153a penalty under section 271 1 c penalty u/s …

Webcit vs suresh chandra mittal 251 itr 9 income tax income tax F: Deleration in Annexure v F: Applicability of GST F: Switching Over From Regular to Composition Scheme F: Input tax credit F: Transporter issuing builty required to take gst registration? F: Non Genration of E-way Bill or genration of Incorrect E-Way bill , Imp... WebMay 2, 2015 · In case of CIT vs. Suresh Chandra Mittal 251 ITR 9 (SC), Hon’ble Supreme Court observed that if the assessee has offered the additional income to buy peace of …

WebThe Hon'ble Supreme Court in the case of CIT vs. Suresh Chand Mittal, 251 ITR 9 (SC) held that in a case where the assessee originally filed return showing meager income, but after action u/s.132 in response to notice u/s.148, the assessee filed revised return showing higher income and the eventual assessments were based on such return, penalty …

WebIndian Kanoon - Search engine for Indian Law how to remove glass from fingerWebApr 24, 2015 · In case of CIT vs. Suresh Chandra Mittal 251 ITR 9 (SC), Hon’ble Supreme Court observed that if the assessee has offered the additional income to buy peace of … nord the plazaWebC.R. Nagappa vs Commissioner Of Income-Tax on 4 September, 1968. ... vs Asstt. Cit on 21 May, 2004. Warning on Translation. User Queries. income tax returns . tax extender. … how to remove glass from handWeb1) "CIT v Suraj Bhan 159 Taxman 26 P & H - penalty cannot be imposed merely on account of higher income having been subsequently declared. In his case, the 7 ITA Nos. 858 to 863/Mds/2011assessee had filed the revised return showing higher income and gave an nordtownWebAug 12, 2024 · The assessee has relied on the following judgment. “Sale consideration offered for tax on receipt of notice u/s. 148 to buy peace of mind. Not proved by department that explanation of assessee was not bona fide Suresh Chandra Mittal relied SLP of dept dismissed In the case of CIT V/s. 1. Rajiv Garg 2. Siya Ram Garg 3. Sanjay Garg 4. how to remove glass from samsung tab s 1.5 t8Webcit vs suresh chandra mittal 251 itr 9 income tax income tax F: Deleration in Annexure v F: Applicability of GST F: Switching Over From Regular to Composition Scheme F: Input … nord town namesWebcourt in the case of CIT vs. Suresh Chandra Mittal(2001) 251 ITR 9 (SC), affirming the decision by the Madhya Pradesh High Court ( reported at 241 ITR 124 (MP)) wherein the returns admitting additional income filed beyond the time limit available for furnishing revised returns were not considered invalid on that score. Further, a similar issue, had nordthy brownie bites