Law and Legal blog

Jammu AND And Kashmir Bank Ltd. vs Assistant Commissioner Of Income ... on 8 February, 2008 : Income Tax Appellate Tribunal - Amritsar Jammu & Kashmir Bank Ltd. vs Assistant Commissioner Of Income ... on 8 February, 2008 Equivalent ... filed against the order of Commissioner of Income-tax, This appeal of the assessee has been filed against the order of Commissioner of Income-tax, Jammu (In short, "CIT") passed under Section 263 of the IT Act, 1961 (In short, "the Act") for

Commissioner Of Income-Tax vs Jewel Cinema on 5 March, 1993 Equivalent citations: 1993 204 ITR 831 J K Author: B Khan Bench: R Sethi, B Khan JUDGMENT B.A. Khan, J. 1. Whether the Income-tax Officer's order refusing o condone the delay in filing a declaration in Form No. 12 under Section 184(7) of the Income-tax Act, 1961, is appealable under Section 246. This is the all important question posed for our opinion by the Appellate Tribunal. To answer this, it has to be seen whether the crucial order has been passed under Section 184(7) or under Section 185(1)(b) or under Section 185(3). No appeal will lie in the former case as any order passed under Section 184(7) is not appealable under Section 246 but it would certainly lie if it is concluded that the order falls under Section

Assistant Commissioner of Central Excise & Customs Sentenced For Possession Of Disproportionate Assets : The Special Judge for CBI Cases, Saket Court, New Delhi has convicted Shri Kulwaran Singh, the then Assistant Commissioner (Imports), ICD, Customs & Central Excise and seven other persons. The Court has sentenced Shri Kulwaran Singh to undergo three years Rigorous Imprisonment with fine of Rs...

Trust imparting education irrespective of caste, creed & religion entitled to registration u/s 12AA : DIT (E) was not justified in forming an opinion that the objects of the assessee are for a specific community being violative of the provisions of s. 13(1)(b) of the Act. As a matter of fact, the assessee has been serving the public irrespective of caste, creed and religion by imparting education...

If existence of income is presumed, existence of expenditure is also to be presumed : If the revenue was of the opinion that the expenses claimed towards 'green boxes' was inadmissible or was excessive, or not genuine, in order to reject the entries in the books of account and other documents of the assessee, seized during the search, it ought to have relied on other materials....