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Try out our Premium Member services: Free for one month and pay only if you like it. Act, wherein the following three Kamdhenu case taken of the assessee. Rival contentions have been heard and record perused. The brief fact of the case is that assessee is a partnership firm engaged in the business of building housing project and doing real estate development business mainly at Kharghar, Navi Mumbai.
The original return of income for A. AO has mentioned e-filed return of income with acknowledgement No. During pendency of assessment proceedings, assessee has filed the revised return of income on AO has not allowed the claim of Kamdhenu case on the ground that revised return of income was furnished on By the impugned order CIT A allowed the assessee's claim after observing as under: It transpires from the assessment order and remand report of AO dated This approach and contention of the Ld.
AO is not tenable because of obvious facts of fulfillment of all the conditions by the appellant. Under section 80A 5there is an insertion of new provision of law with effect from As such, there is no ambiguity regarding interpretation or understanding of this provision of law.
Some examples are worthwhile to mention as under: Obviously, appellant complies with the provision of section 80AC of the Income-tax Act. The revised of return of income is essential for removal of defects of original return.
It obviously corrects short comings from which it suffered. The revised return must therefore, be considered as it was originally filed vide Thakur Dharmapur Sugar Mills Ltd.
It is important to point out that when a revised return cures the defects in the original return and does not obliterate the later, the assessment means on the basis of original return of income ignoring the revised return is liable to be set aside vide CIT vs.
Chitranjali ITR Cal. Similar view has also been taken in the case of CIT vs. It is also relevant to mention that Assessing Officer has important statutory functions to discharge. Such functions encompass power as well as duty to be exercised. Obviously, these powers are coupled with a duty to exercise them within the ambit of law.
If order invested a public office with an authority to do an act in specified set of circumstances, it is imperative upon him to exercise the authority in a manner appropriate too the things when an party interested and having right to comply are to be benefited.
Such preposition is there in the case of Jayamal Jayantilal Thakur vs. It is worthwhile to mention that in the case of DCIT vs. Lab India Instruments P Ltd.
The first question to be considered is whether the claim of assessee under section O can be denied merely on the ground that such claim was raised by the assessee in the revised return which was filed after the prescribed time but before the completion of assessment.
In our humble opinion, the answer to such question is in negative for the reasons given hereafter.Kamdhenu is a social initiative by Divya Jyoti Jagrati Sansthan (DJJS). It aims at preservation and improvement of the breed of Indian cows.
For sever. Dhenu sadanam rayeenaam (Atharvaved ) Cow is fountainhead of all bounties. The above sloka reflects the deep understanding of the creation as possessed by the Vedic seer.
A special animal, it's every aspect is a boon to mankind. The Vedic seers called it .
In 2 days Vastu Foundation Course, you will learn the basics of Vastu Shastra, scientific logics behind Vastu rules, practical Vastu techniques and easy to apply simple remedies to experience benefits of Vastu Shastra in your home or apartment. UP Lekhpal Recruitment 4, to UPSSSC Lekhpal Online Application are invited by Panchayat Raj Vibhag to fill UP Lekhpal Vacancy in all district of Uttar Pradesh where vacant posts is . Delhi HC restrains Platinum Industries from using the mark KAMDHENU. be time consuming but it is worth the effort considering the value of trademarks and the legal tussle that may occur in case of any violations. The featured image is the property of BananaIP Counsels and it must not be used without prior permission. Related posts.
Kamdhenu Cement Ltd., founded by Shri Pradeep Agarwal has been bestowed upon these case foundation Cement business of the group started in the year and with the profound success, it was incorporated under a separate Company-Kamdhenu Cement Ltd.
Kamdhenu Cement Limited is an ISO Certified Co., manufacturing and marketing cement. RB’s Investors Relations Platform provides access to upcoming events, Announcements, Latest Quarterly & Annual result reports of listed Indian companies.
Delhi HC restrains Platinum Industries from using the mark KAMDHENU.
be time consuming but it is worth the effort considering the value of trademarks and the legal tussle that may occur in case of any violations. The featured image is the property of BananaIP Counsels and it must not be used without prior permission.
Related posts. Tungiasis is a neglected tropical disease caused by infestation by the female sand flea Tunga penetrans. Primary reservoirs include livestock such as pigs, goats and cattle.