In Mr. Dalchand H. Gupta v. The Commissioner Of Income Tax-19, the High Court (2011) dismissed the appeal. The decision went in favour of the Revenue.
Decision: We see no merit in the appeal and accordingly appeal is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
INCOME TAX APPEAL NO. 1313 OF 2011
Mr. Dalchand H. Gupta...Appellant.
Vs.
The Commissioner of Income Tax-19 ..Respondent.
Mr. Prakash Shah i/by PDS Legal for the Appellant.Mr. D.K. Kamwal for the Respondent.
DATE : 8TH JULY, 2011.
P.C.
1Whether the Assessing Officer was justified in making assessment on the basis of concession made by the assessee is a basic question raised in this appeal.
2.In our view, no fault can be found with the decision of the Assessing Officer in making assessment on the basis of concession made by the assessee especially when there is no material to controvert the confessional statement. We see no merit in the appeal and accordingly appeal is dismissed.
( A.A. SAYED, J. )
( J.P. DEVADHAR , J.)
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue