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Judgment Search Results Home > Cases Phrase: comparative chart of corresponding sections of 1983 act Court: income tax appellate tribunal itat ahmedabad Year: 2002 Page 1 of about 1 results (0.033 seconds)

May 30 2002 (TRI)

V.D. Vachhani (Huf) Vs. Assistant Commissioner of

Court : Income Tax Appellate Tribunal ITAT Ahmedabad

Decided on : May-30-2002

Reported in : (2003)86ITD652(Ahd.)

..... contrary to the express letter and spirit of the block assessment scheme as enacted by the legislature in chapter xvib of the act. under section 158bb of the act, for computing the undisclosed income of the block period, the assessing officer has to compute the total income of the relevant ..... substantive additions aggregating to rs. 7,16,52,533 made by the assessing officer in the cases of vachhani hufs and delete the corresponding protective additions in the cases of the group companies. we would summarise our findings and conclusions on the issue of assessment of undisclosed income ..... further observed that there was a difference in the closing stock inventory prepared by the search party as on 26-6-1996 as compared with the stock-reflected in the books on the date of search. the discrepancy observed by the assessing officer comprised of the following ..... 15201298 38201311993-94 2254473 48855371994-95 6280183 70984001995-96 2962513 75511411996-97 5355304 9160901----------------------------------------------------------------- rs. 44188712 rs. 38530702 12. from the aforesaid chart it would be clear that out of the total agricultural income shown by vachhani family at rs. 8,27,19,414 for ten assessment ..... comp. cas. 138 (mad. ) (10) dindas shankar thange v. state of maharashtra [1998] 17 scl 194 (bom.) (11) pnb finance ltd. v. shitalprasad jain [1983] 54 comp. cas. 66 (delhi) (12) jyoti ltd. v. kanwaljit kaur bhasin [1987] 62 comp. cas. 626 (delhi) 26. shri patel argued that the statements .....

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