![]() ![]() The assessee is a partnership firm and is engaged in the business of manufacturing and selling of agricultural implements. ![]() A few facts necessary for adjudication of the instant appeal as narrated therein may be noticed. ![]() Whether under the facts and circumstances of the case on examination of the provisions u/s 29, 44AA, 44AB, 139(1), 145 of the Income Tax Act, 1961, the chargeable income is sustainable on the basis of the statement recorded in survey which is contradictory to the records of the return of income accepted by the respondent department?ģ. ![]() 2-IT(Inv.) dated while obtaining the statement and the subsequent utilization thereof while arriving at the chargeable income to tax? 132(4) Section 292C and provisions of Section 164 of Cr.P.C. Whether under the facts and circumstances of the case, there is abuse and mis-utilization of the powers and jurisdiction u/s 133A(3)(iii) r.w. Whether under the facts and circumstances of the case, the Tribunal order is sustainable, whereby the inferences drawn relying on the uncorroborated and unilateral statement recorded during survey u/s 133A, can it form the only basis for bringing to 'charge' (u/s 5) the amount as 'income'? 781/CHD/2009 for the assessment year 2006-07 claiming the following substantial questions of law:. This appeal has been preferred by the assessee under Section 260A of the Income Tax Act, 1961 (in short “the Act”) against the order dated (Annexure A-10) passed by the Income Tax Appellate Tribunal, Chandigarh Bench “A”, Chandigarh (hereinafter referred to as “the Tribunal”) in ITA No. For brevity, the facts are being extracted from ITA No. 396 and 407 of 2015 as according to learned counsel for the appellant, the issue involved therein is identical. The judgment of the court was delivered byĪjay Kumar Mittal, J.- This order shall dispose of two appeals bearing ITA Nos. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |