Tag: Search & Seizure
ITD conducted search in Kashmir Valley -undisclosed cash/jewellery and property found Income Tax Department (ITD) conducted search actions at 5 locations in the Kashmir Valley on 14th March, 2019. Few places in Jammu were also searched. As per tweet of Finance Ministry, these actions are part of the …
Income Tax Department hits at terror financing activities in J&K Region; Conducts sensitive search action at various places. As per the Press Release of the Ministry of Finance, the head of a prominent organisation allegedly indulging in anti-national activities alongwith his associates were covered in a sensitive search …
Jewellery Bills found during search-benefit of CBDT Instruction can not be denied if only bills are found and the jewellery is not available ABCAUS Case Law Citation: ABCAUS 2778 (2019) (02) ITAT Important Case Laws Cited/relied upon by the parties CIT V Rtanlal Vyaparilal Jain 339 ITR 351 …
Cash found during search belonging to parents- ITAT deleted the addition on account of cash belonging to the parents of the assessee found during search ABCAUS Case Law Citation: ABCAUS 2724 (2019) (01) ITAT The assessee was an individual and search and seizure operation u/s 132 of the …
Order of seizure of goods in transit passed u/s 129(1) of U.P. Goods and Service Tax Act, 2017 not appealable and therefore, a writ petition is maintainable against it subject to the limitations of judicial review – Allahabad High Court ABCAUS Case Law Citation: ABCAUS 2194 (2018) (02) …
Presumption u/s 132(4A)-No further proof u/s 37 of expenses recorded in books seized was required as department failed to rebut presumption-High Court Prelude: Section 132(4A) provides for the presumption that where during the course of a search proceedings, any books of account, documents, money, bullion, jewellery or other …
Jewellery held belonging to 3 wives though purchase bills found in search were in assessee’s name. HC uphelds deletion of undisclosed income u/s 158B(b) ABCAUS Case Law Citation: ABCAUS 2141 (2017) (12) HC The Challenge/Grievance: The instant appeal was filed by the Income Tax Department (the Revenue/Department) against …
CBDT sets up Committee for review & updation of Search and Seizure Manual published in 2007. Committee to submit revised draft in 3 months F.No.414/125/2017-IT(Inv.I) Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) Dated: 27.11.2017 Room No. 269, North Block, New Delhi …
Statements made by stranger-third party in search case unless connected or corroborated could not be attributed to or lead to adverse consequences-HC ABCAUS Case Law Citation: ABCAUS 2133 (2017) (11) HC A search assessment was completed in respect of a group whose premises were subjected to search and …
Fake Income Tax Search-ITD Delhi launched mobile help number to verify identity of genuine Income Tax Officials The other day, In Delhi, six people impersonating as Income Tax (IT) officers were beaten up by a businessman’s family while they tried to extort money in a fake IT raid. Taking note of …