Browse Tax Judgements
Showing 1–20 of 131 judgements · Browse by section & bench
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M/s Majestic Sales Promotion Pvt. Ltd. vs. DCIT, Cir-8(1)
The assessee, M/s Majestic Sales Promotion Pvt. Ltd., filed its return of income on 13.09.2011 declaring a total income of ₹12,83,718/-. The case was selected for scrutiny and assessed under section 143(3) on 24.03.2014. Subsequently, the c…
Kachan Metals Pvt. Ltd. vs. DY. CIT, Circle -8(1)
The assessee, Kachan Metals Pvt. Ltd., filed a return of income declaring a total income of ₹5,57,87,617/-. The return was processed under section 143(1) of the Act, and a disallowance of ₹5,18,414/- was made for delayed payment of ESI and …
M/s Keynesian Financial Services Ltd. vs. DCIT, Circle-7(1)
The assessee, M/s Keynesian Financial Services Ltd., filed its return of income on 21.09.2013, declaring a total income of ₹ 84,930/-. The assessee was engaged in financing and dealing in shares and securities. The case was reopened under s…
Lions Club of Budwan Welfare Charitable Trust Vs. CIT (Exemption)
The Lions Club of Budwan Welfare Charitable Trust filed an application in form no.10AB for registration under section 12A(1)(ac)(iii) of the Act. The CIT (Exemption) issued notices on 10.12.2023 and 10.01.2024, fixing the hearing on 26.12.2…
Sajal Biswas vs. I.T.O, WD 24(1), Hooghly
This is an appeal by the assessee, Sajal Biswas, against the order of the National Faceless Appeal Centre, Delhi for the Assessment Year 2017-18. The assessee filed a condonation petition for a 129-day delay in filing the appeal, citing ill…
Vision Import Pvt. Ltd. vs. ITO, Ward-10(2)
This is an appeal preferred by Vision Import Pvt. Ltd. against the order of the National Faceless Appeal Centre, Delhi dated 24.11.2023 for the Assessment Year 2011-12. The counsel for the assessee submitted that the case was decided ex-par…
M/s. Stratus Commodities Pvt. Ltd. Vs. ITO, Ward-1(1), Kolkata
The Assessing Officer received information from the Investigation Wing that the assessee, M/s. Stratus Commodities Pvt. Ltd., is a beneficiary of an accommodation entry amounting to Rs. 90,00,000/- from M/s. Canary Tradecom Pvt. Ltd. Conseq…
Neena Bihani Vs. ITO Ward 49(2)
The assessee, Neena Bihani, filed a return of income declaring a total income of ₹2,35,680/-. The Assessing Officer (AO) received information that the assessee had purchased shares of Jackson Investment Ltd. worth ₹1,30,17,199/-, and the so…
Alok Arya Vs. I.T.O., Ward - 37(4)
The assessee, Alok Arya, filed a return of income for the assessment year 2013-14, disclosing a total income of ₹12,24,580/-. The assessee is engaged in the business of trading medical goods and equipment under the name M/s Eastern Medical …
A Sirkar Co. Jewellers Pvt. Ltd. Vs. D.C.I.T., Circle - 12(1), Kolkata
This is an appeal preferred by the assessee, A Sirkar Co. Jewellers Pvt. Ltd., against the order of the National Faceless Appeal Centre, Delhi, dated 22.09.2023 for the Assessment Year 2017-18. The assessee filed the appeal with a delay of …
Piyush Suppliers Pvt. ltd. vs. Income Tax Officer, Ward 9(3)
The assessee, Piyush Suppliers Pvt. Ltd., filed its return of income on 29.09.2012, declaring a total loss of ₹54,478 for the assessment year 2012-13. The case was selected for scrutiny, and statutory notices were issued. The Assessing Offi…
MC Mowjee & Co. Private Limited Vs. ITO Ward-4(1)
The assessee, MC Mowjee & Co. Private Limited, filed its return of income on 16.10.2015 declaring a total income of ₹29,80,320/-. The return was processed under section 143(1) of the Income-tax Act, 1961 and the case was selected for limite…
Vinayak Oil & Fats Private Limited Vs. Asst. Commissioner of Income Tax, Circle 13(1)
The assessee, Vinayak Oil & Fats Private Limited, filed its return of income on 30.09.2015, declaring a total income of ₹60,75,580/-. The case was reopened under section 147 of the Act by issuing a notice under section 148 on 29.03.2021, wh…
Jagdish Prasad Agarwala vs. ITO, Ward-44(1)
The assessee, Jagdish Prasad Agarwala, filed the return of income on 31.10.2018, declaring a total income of ₹1,93,89,490/-. A search under section 132 of the Act was conducted by the investigation wing on various places of finance brokers …
Barendra Nath Dey Vs. ACIT (OSD), Ward 53-1
The assessee, Barendra Nath Dey, filed a return of income on 07.09.2015, declaring a total income of ₹11,88,110/-. His case was selected for limited scrutiny due to cash deposits, property purchase, and deduction claims under capital gains.…
Radha Krishna Mandir Trust Vs ITO (Exemption), Ward-1(1), Kolkata
This is an appeal filed by the assessee, Radha Krishna Mandir Trust, against the order of the Ld. Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi, passed on 13.11.2024 under section 250 of the Income Tax …
Bhawani Apartment Pvt. Ltd. Vs. DCIT, Cen. Cir. 3(2)
The assessee, Bhawani Apartment Pvt. Ltd., purchased a property for a consideration of ₹1,42,88,000/-, which had the same stamp valuation. The assessee handed all the account payee cheques in discharge of the purchase consideration, and the…
KOSC Industries Pvt. Ltd. Vs. ITO, circle-4(1), Kolkata
These are appeals preferred by the assessee, KOSC Industries Pvt. Ltd., against the order of the National Faceless Appeal Centre, Delhi (hereinafter referred to as the 'Ld. CIT(A)') dated 15.05.2024 & 30.04.2024 for the Assessment Years 201…
Ravilochanah Mercantile Pvt. Ltd. vs. ITO Wad 4(1)
The assessee, Ravilochanah Mercantile Pvt. Ltd., filed its return of income on 08.09.2012, declaring a total income of ₹427. The return was selected for scrutiny under Computer Assisted Scrutiny Selection (CASS) due to the large share premi…
Sandip Kumar Keshari Vs. ITO, Ward 3(1)
The assessee, Sandip Kumar Keshari, did not file any return of income for the assessment year 2017-18. The proceedings under section 147 of the Income Tax Act were initiated by issuing a notice under section 148 on 24.03.2021. The case was …