Accounts—Method of accounting in certain
cases—Non application of service tax—Respondent assessee engaged in business of
real estate consultancy/agency
Deduction—Deduction
in respect of profits and gains from industrial undertakings after a certain
date, etc—Unaccounted income—Assessee, partnership firm
1. All the captioned appeals were heard
together and are being disposed of this composite order, for the sake of
convenience.
ITA no. 321/Del/2012 ( Revenue’s appeal for
AY 2004-05):
2. This appeal, preferred by the revenue,
arises out of CIT(A)-XXVII, New Delhi’s order dated 31.10.2011 in appeal no.
180/09-10 relating to AY 2004-05.
4. Brief facts of the case are that the
assessee company was engaged in the business of designing, de
Revenue’s appeal in ITA CROMPTON GREAVES LTD. vs.COMMISSIONER OF INCOME TAX
Bombay Tribunal , Aug 11, 2016 AS 29
no infirmity in order
of cit passed u/s 263 setting aside assessment order passed u/s 143(3) as
erroneous in so far as prejudicial to interest of revenue and directing ao to
assess income of assessee company after making necessary
Revision—Revision By Commissioner
Of Orders Prejudicial To Revenue—Assessee company was engaged in business of
manufacturing, marketing and opera
Addition—Addition on difference in gold items
quantity wise and purity wise—Assessee was in business of manufacture and sale
of gold ornaments and it had its
Assessment—Assessment of amount received—Assessee YCH LOGISTICS (INDIA) PRIVATE LIMITED vs.DEPUTY COMMISSIONER OF INCOME TAX
Other Tribunals , Jun 30, 2016 AS 2
in transfer pricing wherever it is possible it
shall be important to benchmark ae transactions separately for better
comparability.
Non Residents—Computation of arm’s length
price—Adoption of CUP method—Assessee engaged in business of warehousing,
freight and distribution and f