Section 153c of income tax act
WebOf Amrut Jewellers, Hence, I am sttisfied that it is a fit case for issuing notice u/s. 153C of the Incometax Act, 1961 and n otice u/s. 153C of the Act is issued for A.Y. 201213, 201314, 201516, 201617 and 202418 accordingly. Page 28 of 34 Downloaded on : Mon Aug 30 16:33:57 IST 2024 Web10 Oct 2024 · Section 153C of the Income Tax Act: Assessment of income of any other person. (1) Notwithstanding anything contained in section 139 , section 147 , section 148 …
Section 153c of income tax act
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WebBREAKING 2015 Amendment To Section 153C Of Income Tax Act Will Apply To Searches Conducted Prior To Date Of Amendment : Supreme Court #supremecourt #tax WebAmendment of section 153B X X X X Extracts X X X X. → Full Text of the Document. X X X X Extracts X X X Xafter clause (ii), the following clause shall be inserted with effect from the 1st day of October, 2014, namely:- (iia) the period commencing from the date on which the Assessing Officer makes a refe .....
WebSection 153C of IT Act 1961 provides for assessment of income of any other person. Recently, we have discussed in detail section 153B (Time limit for completion of … Web10 Apr 2024 · Gujarat High Court held that issuance of notice for reassessment under section 148 of the Income Tax Act beyond the period of six years from the end of the relevant assessment year is barred by limitation. Facts- In the present petition filed under Article 226 of the Constitution, the petitioner has called in question the notice dated …
WebThe Income Tax Department appeals to taxpayers NOT to respond to such e-mails and NOT to share information relating to their credit card, bank and other financial accounts. … Web4 Sep 2024 · 2. In this batch of writ petitions, the petitioner, an assessee on the file of the Deputy Commissioner of Income Tax, Central Circle 2 (1)/ respondent challenges six …
Web10 Apr 2024 · Under the unamended Section 153C, the proceeding against other persons (other than the searched person) was based on the seizure of books of account or …
Web7 Apr 2024 · Leave a Comment. The Supreme Court on Thursday held that the amendment brought to Section 153C of the Income-tax Act, 1961 will apply retrospectively to searches conducted prior to June 1, 2015, the date of the amendment. Setting aside the Gujarat High Court’s 2024 judgment that held to the contrary, a bench led by Justice MR Shah, while ... hurricane sports incWebFor purpose of section 153C, the date of initiation of the search under section 132 or on the date of making of requisition under section 132A shall be taken as date of receiving the … hurricanes popuWeb31 Oct 2024 · Income Tax - Validity of Assessment u/s 153C - Notice issued by any... Income Tax Validity of Assessment u/s 153C - Notice issued by any officer other than jurisdictional AO - the entire conspectus of the case, it appears that the AO had recorded the satisfaction note prior to assuming jurisdiction over the case of the assessee as the AO … hurricanes populated nature geoscWeb23 May 2024 · In a significant ruling, the Apex Court, while upholding the view of the High Court held that the satisfaction note by the Assessing Officer (AO) clearly states that the … hurricane sportWeb28 Feb 2024 · In case of any other person: 153C As provided in above clause (a) or clause (b) or 9 months from the end of the Financial Year in which Books of accounts or documents or assets seized/requisitioned are handed over to the AO having jurisdiction over such person; whichever is later. Reference: hurricanes populated nature geosciWebA welcome judgement from the honorable Supreme Court, a bench comprising Justices MR Shah and CT Ravikumar. Excerpt from the judgement: The amendment was… hurricane spray for sore throatsWebany person is in owning of any money, bullion or jewellery, or misc invaluable article or things and these assets represent to wholly or partly aforementioned income or property which has does been or would did be disclosed by the person concerned for to use of to Act. Search and Seizure under Income Tax Act hurricane spiritual meaning