D.b. Income Tax Appeal v. Amar Chand
High Court
12 Apr 2007 In favour of: Unclear
Forum / Bench
High Court · rhcjodh240618
Parties
D.b. Income Tax Appeal v. Amar Chand
Date of order
12 Apr 2007
Assessment year(s)
—
Outcome
Other
Case summary
In D.b. Income Tax Appeal v. Amar Chand, the High Court (2007) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
The order — as passed by the High Court
D.B. INCOME TAX APPEAL NO.42/2007.C.I.T. Vs. Amar Chand
Date of Order :: 12[th] April 2007
HON'BLE MR. JUSTICE P.B.MAJMUDARHON'BLE MR. JUSTICE DINESH MAHESHWARI
Mr. K.K. Bissa, for the appellant.
...
Heard the counsel.
In our opinion, the Tribunal has not committed anyerror of law. The Tribunal has rightly found that the secondset of proceedings was based on the letter of DCIT, Jaipurwhich was again based on the original letter of ITO (CIB),Jaipur, for which the Assessing Officer had already completedthe assesment. Therefore, the Tribunal has rightly held thatthe second set of proceedings is merely change of opinion bythe Assessing Officer vis-a-vis the first assessment concludedon 30.01.2001 in which all such creditors have been acceptedas genuine and addition only for a sum of Rs. 1,02,743/-wasmade. We fully agree with the reasoning arrived at by theTribunal. Hence, the appeal is dimissed summarily.
(DINESH MAHESHWARI), J. (P.B.MAJMUDAR), J.
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