Tag Archives: Settlement Commission

Settlement Commission has powers to make addition in income of assessee to determine tax liability

By | October 13, 2016

HIGH COURT OF ORISSA Commissioner of Income-tax, Sambalpur v. Income-tax Settlement Commission (IT & WT) I. MAHANTY AND DR. D.P. CHOUDHURY, JJ. W.P. (C) NO. 1199 OF 2015 AUGUST  31, 2016 S.K. Acharya, Sr. Standing Counsel (IT) for the Petitioner. Manas Mohapatra, Sr. Adv. for the Repondent. ORDER Dr. D.P. Choudhury, J. – In the… Read More »

Interest u/s 234B from first day of AY to give effect to order of Settlement Commission

By | July 25, 2016

IN THE ITAT JAIPUR BENCH Anil Hastakala (P.) Ltd. v. Assistant Commissioner of Income-tax, Central Circle, Alwar T.R. MEENA, ACCOUNTANT MEMBER AND LALIET KUMAR, JUDICIAL MEMBER IT APPEAL NOS.605 AND 606 (JP.) OF 2015 [ASSESSMENT YEARS 2003-04 & 2004-05] APRIL  28, 2016 P.C. Parwal, CA for the Appellant. Kailash Mangal, JCIT for the Respondent. ORDER… Read More »