← Library
High Court of Punjab and HaryanaITA/250/2015disposed of

Prem Vasisht v. Commissioner Of Income Tax

2016-08-12Mr. Justice M.M. Aggarwal,Mr. Justice Avneesh Jhingan5 pages



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

*

"+ ,& -.('(/&



& 0-(1( '(('-!2/3'4-/  

(3&  

    

 

  

-(&) $- , $16/'230&2!-&/

& $( -0(/'144230&2!-&/-(3& 7777   /'('( 4'(&&/-3-!&/

& -'81 3'('(('4&/

&9((((:( 4'(&&/-3-!&/ '(('- !   # (% ;/'/ ' &1- 3'('((3 &/ 

&:( 4'(&&/((((&-3--&''4&&/((((& <-"==*9==

-3'4&&/

&2&/!

;'4(18(&&' >1(&'( ! ;-'('&/'( )9   

 

              

 ! "       #        

 "$%"& '     

 



  

    



!"#$ %&'

 !"#$   

                      

 ! "         " #

  # (  

 !  " ) *   

 

            

  "                       

 ! 

+# ,- 

 '

   

     ).  ?

(!-(>1(&'9'(-32'&'(&'- <>1(&'! !& /'((1'(;/&/-&/

&9((((/3-'03&'3&3 ?

"===13-(&'"@?# %!&/&2"=+"#!-(/-&A&/ &:% @ / 

& !'

3  -&1- 3 -'4  &&  ' !  "2??2B" C9  1(  ' ! "

2 2 C9 (& 3&!- (-0'4 &' 13- (&' "@?# % ! &/ & ;( ?"

 / -(3& &3(&/&&'3&3?

"===13-(&'"@?# %!&/&;( (-031&/(((( /((((3'3&/-'&!&/'(&' / '>1(&''(;/&/-&/'(&'/38(-031&/(((( / -(3& (-03 &/- &' 13- (&' "@?# % 3&3 =

 / -'& ! &/'( &' '( & 3'3  ;0-2 &/'( &' '( 8<3 &/ -'3 -(-'83 !- (-0'4  &' 13- (&' "@?# %!&/& 

/ ((((& -3- ;( ((3  ?

?

 / ((((!'

3 8!-&/'(('-!# (% ;/'/;(3'((3!8<-3-3&3"B ?

?

/((((!'

3  8!-&/

&-'81 ;/'/8<-3-3&3

+-(&-3&/'((1-4-3'4&/(-0'!&'&&/!' !&/ '(('-!# (% /'(('-! # (% '3 &/ &&- 4' 81& 8<  -3- 3&3 @ ""

"?

-D&3&/((((:(&&''-(&!&/&'3&3?  /'(-3-;(1/ 38<&/'143-3-!&/

& -'81 3&3"

"@ + '&'

<>1(&''-;( ((-031&/((((

 / ((((:( 30& 8<  &&- 3&3 "

" - < -!--3&&/ ((((& -3'4( 3 & &/>1(&''- 4;'&/ &/&'13-(&'"@?# %!&/&33 &;'&/&/>1--'(&/-' /-(3&- '(1&/!&&/&'&/'( &&-&/((((:(30& 3'3&-'(&/&&'&/&&/ &&-3&3

";(8<3&/ -'3-(-'83!-'((1'4&'13-(&'"@?# %!&/& E ;'

 ((1 /- &/& ;/&/- &/ &&' ;( &6 - &2 '! '& ;( 8<3&/-(-'83-'3&/((((;1 38&'& 3&/

4&/ ((1((!1

< E--3/-;'&/&/-(3&:((&/& &/((((:(30&&/0'4-'(3&/'('((12'&'(-(8 &'!- &/& &/ &' 3&3 ?

"=== ;( (-03 1 &/ (((( (18'((''(&/&'!&/&'3&3?

"===/3&8(-031 &/ (((( 3'! &/&'3&3

";(&/ !'-(&&'13- (&'"@?# %2&/((((:(30&2;1 3/0&33&/&'&;( 8<3&/(&'1 &3-'3 /'('(-&' <(('8 0';

/'(;;'

-(1'( <(('8'

'&<2&/14/&&/ <(('8 0';-'!- /&8'4(2&/'143-3-(&8'&-!-3;'&/!-'&;1 38  -(8  '!- 8< &/ 1&/-'&'( --'03 &   8  ! -88'

'&'(  &/ '((1 ( & ;/&/- &/ &' 3&3 ? "=== ;( (-03-& &/&/-/38/ !!&/((((- ';( 3 1 &&-3&3"+

"33-((38<&/((((:(/1(83';/'/ '&;(('!'

<&33&/&&/&'3&3

";(8<3

&/ -'3 (&'1 &3  33 &/ &' 3&3

" '( 8<3 &/ -'3 (&'1 &3  / >1(&'2 /;0-2 '( ;/&/- &/ &' 3&3 ?

"===;((-031&/((((-& * $- $16/'2 -31( -'48/ !!&/(((( &33&/&&/ &&-3&3"+

"'3'&(&/&&/((((/3& -'03&/&'3&3?

3&/&8

&/((((:(( &/(<;

/08(&-4- ;0-2'&/-(&(2&/- - !&-( &/& '3'& &/& &/ &' 3&3 ? "=== ;( (-03  E /0 -3<3 &;'&/&/!!&!&/ &&-3&3"

33'&' &/-& &/ -(3& 3'3 /0'4 -'03 &/ &&- 3&3 "

" (&&'4&/&'&'(&'&/'---3 /'(2&/-!-2'0 0(3'(' 8 !-88'

'&'( $-  $16/'2 !1-&/- (18'&&3 &/& &/ 

43 &' 3&3 ?

"===!'3 + "===(&/3&!/-'4 (18'&&3&/&&/- '(&/'4--3&'3'&&/&</-'4--3'4(&6   +  0 '! &/- '( &/'4  --3 & '3'& &/ ( '& ;1 38&/-!&-&8&6'&('3-&' ""

 &/( '-1(&( ; - 18  & / 3 &/& &/ 0'; &68<&/1&/-'&'(8 !-88'

'&'('(-0-(-8(1-3

/   ' ( !- ( '& -( >1(&'92 '(2 &/-!-2 3'('((3('&-'(((18(&&' >1(&'! ;

"?

$- $16/'(18'&&3&/&'<0&&/&&-14/&&8 /-39-'&( "@ E4- !&/'(- ''-<&&'(-4-3(&/&''( -D&32 &/ ((((:(   14/& & /0 8 /-3 9-'&( 8(-0&' ! &/ -'81  '-4-/9* ! &/'143 -3-&/&

&/- 4-13 - '((1 ;( -413 - -((3 -( & 8 -(&-'&3 & 4-13(3'((1(-&''4&&/('3&'3&3? "===  &/'-1(&(2>1(&'9'((;-3'!01-!&/ (((( /-'81 (/

/-&/ 9-'&(&(-4-3(&/ '((1-4-3'4&/(-0'!&'3&3? "===;/'/'((;-3' !01-!&/-(3&  (S.J.VAZIFDAR) CHIEF JUSTICE (DEEPAK SIBAL)  JUDGE 'ravinder'

 Whether speaking/reasoned √Yes/No Whether reportable Yes/No√