Cit vs surinder pal anand

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August undefined, 2024

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. Webdecision 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

CIT Vs. Surinder Pal Anand Indian Case Law Law CaseMine

WebJul 4, 2024 · Hon'ble bench relied on the preposition laid by Hon'ble Punjab & Haryana High Court in case of CIT Vs. Surinder Pal Anand [2010] 192 Taxman 264, wherein in Para 8 … 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 … flats to rent newark on trent

Presumptive Taxation and additions – Digest of case laws

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. WebThe 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 … 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... check what flood zone i am in

Landmark Judgment: Assessee opting for presumptive income …

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WebThe Commissioner Of Income Tax vs S M Anand on 23 August, 2024. Author: S.Sujatha And N.K.Sudhindrarao. 1 IN THE HIGH COURT OF KARNATAKA KALABURAGI … 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 … check what games can i play on my pcWebi) CIT v/s Surinder Pal Anand, Surinder Pal Anand, [2011] 242 CTR 0061 (P&H HC) Assessment being made under s. 44AD, the assessee was not under obligation to explain individual entry of cash deposit in the bank unless such entry had no nexus with the gross receipts and therefore no addition under s. 68 was called for. flats to rent newhaven east sussex

"WebCIT 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. Sub-section (1) of section 44AD clearly provides that where an assessee is engaged in the business of civil construction or supply " - Cit vs surinder pal anand

Cit vs surinder pal anand

Can Assessing Officer make addition under section 69C if …

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. … Web(hereinafter referred as Ld. Pr. CIT) u/s 263 of the Income Tax Act 1961 (herein after refered as the Act). 2. The facts in brief are that the assessee filed return of income of Rs. 1,44,320/- by computing income u/s 44AD of the Act. The case of the assessee was taken up for scrutiny and the ld AO made an addition of Rs.

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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” … Web% - 0 0 0 ) - % +% ! + = >> : 0 % ! 0 ! ... 9 ! + % 0 % ( ( )2 0 + ( 0 )- 0 %- % 0

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. WebSurinder 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/- …

WebJan 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 … 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.)

WebSep 18, 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 …

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 … flats to rent newlandsWebJun 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. flats to rent newhaven edinburgh check what gpu i have windows 11WebSep 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 ... flats to rent new islington manchesterWebJan 8, 2024 · The Hon’ble Punjab & Haryana High Court in the case of CIT vs. Surinder Pal Anand [2010] 192 taxmann 264 held that once under special provision of section 44AD … check what game someone is in robloxWebJan 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 … flats to rent newlands jhbWebJan 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 flats to rent newlands west