← Library
High Court of Punjab and HaryanaITR/8/2001dismissed

M/S Sharat Kumar & Com.Fazilka v. Commissioner Of Income Tax,Patiala

2020-01-29Mr. Justice Ajay Tewari,Mr. Justice Avneesh Jhingan3 pages

    

  

 

  ! "##$ % !  &'($ # 

    !    "  #$%$&'



#() *''+(,-./+'$ #'0$+11(*/+&'

#"*.$) $'0*, $&*# '+&-*&23&%$(+&-

#"+#3&%%+#,3&*# '+&-*&23&%$( #'0$#$%1&-$&'  ")**+,+-"., &#$ $#$&/$3&-$# $/'*& 7 '0$&/8$+9/', :5

6 #%0#', '0$/'

7, ((;*&2<3$%'*&% (+;0+.$=$$&#$ $##$- # 1*&*& '0*%3#'

> !0$'0$#&'0$ +/'%+&-*&'0$/*#/38%'+&/$% '0$/+%$ '0$ &/8$ +9 11$((+'$  #*=3&+( ;+%  #*20' *& (+; *& 0(-*&2'0+'+%%$%%$$ *#8;+%&'$&'*'($-'-$1#$/*+'*&& /+#?

!0$'0$#&'0$ +/'%+&-*&/*#/38%'+&/$% '0$/+%$'0$ &/8$  +9  11$((+'$  #*=3&+(  ;+%  #*20'  *&  (+;  *& =%$#.*&2'0+''0$@*$(- +#8+%0;&=@1#*.+'$1+#'*$% /+&&'=$%+*-'=$/81+#+=($;*'0/##$%1&-*&2@*$(- %0;&=@2.$#&8$&'+2$&/*$%?A

 0$ +/'%&$/$%%+#@ #+-B3-*/+'*& '0$<3$%'*&%+#$'0+' '0$+%%$%%$$;+%-$+(*&2*&+#8+''&,''& $$-*(+&-C0+(# '0$  +%%$%%8$&'  @$+#  ::

D:

,  #$'3#&  ;+%  *($-  0$  +%%$%%8$&'  3&-$# $/'*& EF6F7 '0$/';+% #+8$-.*-$#-$#-+'$- E

::

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

,';.3/0$#% #13#/0+%$ 1$'#(-+'$- 5F ::

+&-

F ::

 ;$#$  1#-3/$-  0$  .3/0$#%  ;$#$  -3='$-  +%  '0$#$  ;+% #$2*%'#+'*&&38=$#;#*''$&&'0$%+*-.3/0$#%;0$#$+%'0$&38=$#;+% *%%3$-''0$+%%$%%$$&

4 ::

0$+%%$%%$$ +*($-'1#-3/$+&@ $.*-$&/$;#'0#$(*+&/$'%0;'0+''0$.$0*/($;+%3%$--3#*&2'0$%+*- 1$#*- #=3%*&$%%13#1%$%0*%;+%/31($-;*'0'0$ +/''0+'*&'0$ %3=%$<3$&'@$+#, HE'0-$1#$/*+'*&+&-/+#$91$&%$%;$#$-*%+((;$-=@'0$ +3'0#*'*$%  #  1$#%&+(  3%$    '0$  .$0*/($  +&-  '0$  %+*-  1%*'*&  ;+% +//$1'$-=@'0$+%%$%%$$&'0$+=%$&/$ +&@$.*-$&/$'1#.$3%+2$ '0$/+# #=3%*&$%%13#1%$% #8 5F ::

'F F ::

,'0$/(+*8;+% -*%+((;$-0$ *&-*&2 '0$#*=3&+(;+##+&'%&*&'$# $#$&/$+%'0$#$*% +*(3#$'%0;+&@*(($2+(*'@83/0($%%1$#.$#%*'@

F % +#+%<3$%'*&6 7*%/&/$#&$-,'0$+%%$%%$$;+%2*.$&-3$ 11#'3&*'@'$91(+*&'0$(;@*$(-+%/81+#$-''0$@*$(-%0;&=@ '0$#%*8*(+#(@%*'3+'$--$+($#%;0*/0;+%$.$&0*20$#'0+&F I,=3'& 1(+3%*=($ $91(+&+'*&  ;+%   $#$-  .+23$  %'+'$8$&'  8+-$  '0+'  '0$# 1+#'*$%  +#$ 8*9*&2  $%*  /''&,  '0$  %+8$   ;+%  &'  %3=%'+&'*+'$-  0$ %%$%%*&2 */$##$%'#*/'$-'0$@*$(-'F I*&%1*'$ '0$ +/''0+''0$# -$+($#%;$#$%0;*&20*20$#'0+&F I,'0$11$((+'$3'0#*'@#$-3/$-*'

=@ 4I0$ *&-*&2%#$/#-$-=@'0$+3'0#*'*$%/&%*-$#*&2'0$%*8*(+#(@ %*'3+'$--$+($#%%8+/)% &3&#$+%&+=($&$%%#+#=*'#+#*&$%%,'0$ +/'% +&-$.*-$&/$0+.$=$$&-3(@+11#$/*+'$-0$ *&-*&2%#$/#-$-=@'0$ #*=3&+(  +#$  %3%'+*&$-  '0  '0$  <3$%'*&%  +#$  +&%;$#$-  +2+*&%'  '0$ +%%$%%$$ 0$#$ $#$&/$*%-*%1%$- +//#-*&2(@ /")**+,+-"0/","1*2"0  ,3 -*,3 -*

:

8) !0$'0$#%1$+)*&2H#$+%&$-

$%H !0$'0$##$1#'+=($

$%H