Facts of the CaseThe present matter involves a
cluster of Income Tax Appeals (ITAs) filed by the Revenue (Commissioner of
Income Tax) against various corporate entities, including Mohan Meakins
Limited, National Indus...
Facts of the
Case
The petitioner's brother, Raj Kumar, had been assessed to income
tax for Assessment Year 1996–97 and a tax demand of approximately Rs.
24.74 lakhs was raised.
Subsequently, penalty p...
Facts of the
Case1.
Multiple
Income Tax Appeals were filed by the Commissioner of Income Tax against several
respondents/assessees.2.
The
appeals involved...
Facts of the
Case
A search under Section 132 of the Income Tax Act was conducted on
Mahendra H. Shah and Hemant C. Shah of the Madhupuri Group on 7 December
1999.
During the search proceedings, statemen...
Facts of the
CaseThe Commissioner of Income Tax instituted multiple
Income Tax Appeals against Regency Creations Ltd. and Valiant Communications
Ltd. before the Delhi High Court. During consideration of the matters, t...
Facts of the Case
The
assessee filed its return for Assessment Year 2001–02 declaring income
under Section 115JB of the Income Tax Act.
The
return was selected for scrutiny and the Assessing Offi...
Facts of the
CaseA search operation under Section 132 of the Income
Tax Act was conducted at the residence of the assessee on 20.03.1996, and bank
lockers were also searched subsequently. Cash, jewellery and several d...
Facts of the Case·
The assessee filed its return of income
for the Assessment Year (A.Y.) 2007-08 on 17.02.2009, declaring a total income
of Rs. 12,26,51,602/-. · ...
Facts of the
Case
Regency Creations Ltd. was engaged in export activities relating to
artware handicrafts, home furnishing products and software exports through
its software division known as Maxtech iSolu...