Cit vs surinder pal anand

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WebSep 19, 2024 · Punjab and Haryana High court distinguished and overruled its own decision in CIT Vs. Surinder Pal Anand 48 DTR 135 in which cash deposited in bank was held from business itself. WebJan 4, 1994 · v. Surinder Pal Anand . ADARSH KUMAR GOEL, J. 1. This appeal has been filed by the revenue under Section 260A of the Income Tax Act, 1961 (in short, “the Act” …

Invocation of Section 69C If Assessee Is Opting For

WebJan 30, 2024 · i) CIT vs. Surinder Pal Anand [2010] 192 taxmann 264 (P&H HC) ii) Nand Lal Popli vs. DCIT [ITA1161&1162/Chd/2013 dt. 14/06/2016] Accordingly the addition of Rs. 27,94,306/- u/s. 68/69A was directed to be deleted. The view full text of the judgment: Click here --------------------------------- Summarized by: CA. Shashank A. Mehta WebJul 4, 2024 · Surinder Pal Anand [2010] 192 Taxman 264, wherein in Para 8 it was stated that- once under a special provision , exemption from maintaining books is provided and rate of 8% of gross receipts... daily literacy schedule for 1st grade

The Commissioner Of Income Tax vs P.V.Kalyanasundaram on 8 …

WebJan 3, 2024 · The findings of ld Revisional Authority cannot be sustained as the enquiry in to the relevant issues is duly reflected in the assessment proceedings and only because the ld Pr. CIT being a higher authority and more wiser in experience considered that enquiry in some other aspects would have resulted in different opinion, does not give … WebMar 14, 2024 · Surinder Pal Anand 192 Taxman 264 for the preposition that once the exemption from maintaining books of account has been provided under the special provision and presumptive tax @ 8% has been made the basis for determining taxable income, the assessee was not under any obligation to explain individual entry of cash deposit in the … WebSep 19, 2024 · The Haryana High Court in the case of CIT vs. Surinder Pal Anand [2010] 192 taxmann 264), under identical circumstances had held as follows’.-“7. Section 44AD of the Act was inserted by the Finance Act, 1994 with effect from 1-4-1994. Sub-section (1) of section 44AD clearly provides that where an assessce is engaged in the business of civil ... daily liturgy usccb

The Commissioner Of Income Tax vs S M Anand on 23 August, 2024

Income Tax on presumptive basis Section 44AD of The Income Tax …

WebSep 13, 2024 · Surinder Pal Anand (2010) 192 Taxman 264 (P&H ) The assessee filed his return of income showing certain business income under section 44AD. The Assessing Officer did not accept the return and made an addition in respect of the cash deposited in the bank account during the year. Web% - 0 0 0 ) - % +% ! + = >> : 0 % ! 0 ! ... 9 ! + % 0 % ( ( )2 0 + ( 0 )- 0 %- % 0 biolage smoothproof serum kopenWebJan 16, 2024 · CIT v. Surinder Pal Anand [2010] 192 TAXMAN 264 (PUNJ. & HAR.) In an appropriate case, Assessing Officer can make addition in respect of both cash credits … daily literacy challenge

"WebSep 11, 2024 · The Haryana High Court in the case of CIT vs. Surinder Pal Anand [2010] 192 taxmann 264), had held as follows:- “7. Section 44AD of the Act was inserted by the Finance Act, 1994 with effect from 1-4-1994. " - Cit vs surinder pal anand

Cit vs surinder pal anand

Smt.S.Sakunthala Sivam vs Income Tax Officer on 28 March, 2024

WebThe CIT(A) upheld the addition made by the Assessing Officer on account of initial payment of installment of vend allotted, initial investment in the infrastructure in purchase of …

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WebCommissioner Of Income Tax-Ii vs Gurinder Pal Singh on 25 March, 2013 User Queries cash deposit furniture mandi gobindgarh 44af section 44af cash deposit in bank 44ad 2015 july withdrawal from bank surinder pal anand Try out our Premium Memberservices: Virtual Legal Assistant, Query Alert Serviceand an ad-free experience. WebSep 19, 2024 · Reliance was placed on the judgment of Hon’ble Punjab & Haryana High Court in the case of CIT Vs. Surinder Pal Anand in ITA No. 156 of the Act 2010 dated …

WebAug 29, 2015 · CIT V. Surinder Pal Anand [2010]192Taxman264(P. &H.) Under section 44AD when the books of account were not maintained, income has to be estimated only at 8 per cent. Hence, estimating the income at 8 per cent cannot be regarded as illegal. Commissioner of Gift-tax v. A.Vajjiram& Bros.[2010] 326 ITR 551(MAD.) WebAgainst this decision, the Pal defendant as well as the plaintiffs have appealed to this Court the Pal defendants in Appeal No. 2587 of 1926 and the plaintiffs in Appeal No. 229 of …

WebIn the application, the four aforesaid daughters were also mentioned against column 3. Inder Pal, the respondent, it appears, was a nominee under the policy; Yogesh Kumar, … WebJun 29, 2010 · CIT Vs Surinder Pal Anand {2010} 192 Taxmann 264 {Punjab & Haryana} case, it is held that when income is estimated u/s 44AE, the ass... Jayesh N Barad v. …

WebOct 27, 2024 · Before the CIT (Appeals), the assessee stated that the profits were declared as per the scheme of presumptive taxation @ 8% which the Assessing Officer cannot disturb. ... Reliance was placed on the judgment of Hon’ble Punjab & Haryana High Court in the case of CIT Vs. Surinder Pal Anand in ITA No.156 of the Act 2010 dated 29.6.2010 …

WebDec 24, 2024 · It was submitted by the ld AR that the settled proposition of law is that when on the basis presumptive basis return is filed u/s 44AD then the assessee is not under obligation to explain individual entry of cash deposit and reliance was placed on the judgment of Hon’ble Jurisdictional High Court of Punjab and Haryana in case of CIT Vs ... daily liturgy of the hours onlineWebThe Commissioner Of Income Tax vs P.V.Kalyanasundaram on 8 February, 2006. IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED : 08/02/2006 Coram THE … biolage smoothproof leave in creamWebEven otherwise, this view of ours is supported by Hon'ble Punjab & Haryana High Court in the case of CIT vs. Surinder Pal Anand [2011] 242 CTR 61 (P&H), wherein the ratio laid down is that where assessment being made us 44AB of the Act, assessee is not under obligation to explain individual entry of cash deposit in the banks unless such entries ... daily lists for kidsWebThe Haryana High Court in the case of CIT vs. Surinder Pal Anand [2010] 192 taxmann 264), under identical circumstances had held as follows'.- 8 I.T.A. No. 451/Coch/2024 "7. Section 44AD of the Act was inserted by the Finance Act, 1994 with effect from 1-4-1994. daily liturgy catholicWebdecision of Hon'ble Punjab & Haryana High Court in the case of CIT Vs Surinder Pal Anand 192 Taxmann 264 and submitted that once the return of income is filed U/s 44AD of the Act, the turnover declared by the assessee cannot be doubted. The assessee is not required to explain each daily literatureWebJun 29, 2010 · Case: CIT Vs Surinder Pal Anand. High Court of Punjab (India) Judgment Cited in Precedent Map Related Vincent Judgment: Adarsh Kumar Goel, J. 1. daily little mix gifWebSurinder Pal Anand, 242 CTR 61(P&H). 6. Ld D.R. on the other hand, relied on the order of the CIT(A). 7. of lower authorities and materials available on record. In the instant case, the Assessing Officer found that the assessee has made cash deposit of ₹20,67,668/- … biolage smoothproof matrix shampoo reviews