Power of Commissioner to Waive or Reduce the Penalty, Under Income Tax Act.
Power of Commissioner to waive or reduce the Penalty, under Income Tax Act.
PROJECT FOR THE SUBJECT
Tax laws - I
SUBMITTED BY
Mr. Utkarsh R. Kodekar (Roll No. 07BAL022) & Mr. Jayneel Parikh (Roll No. 07BAL037) Semester – VII (B.A.LL.B.)
UNDER THE GUIDANCE OF
Asst. Prof. Tinku Punjabi
Asst. Prof., ILNU
INSTITUTE OF LAW, NIRMAUNIVERSITY AHMEDABAD
ACADEMIC YEAR (2010-11)
Page 1 of 40
DECLARATION
I Parikh Jayneel declare the work entitled “Power of Commissioner to waive or reduce the Penalty” being submitted to Nirma University for the project in the subject
of “Tax Laws - I” is original and where the text is taken from the authenticated books, articles or web articles, appropriate reference is given. It is true in my best of knowledge.
Date :
Jayneel Parikh Roll No 07 BAL 037 VII Semester, (2010-11) Institute of Law NirmaUniversity
Page 2 of 40
CERTIFICATE
This is to certify that the thesis entitled “Power of Commissioner to waive or reduce the Penalty” – submitted by Mr. Jayneel Parikh for the project work in the subject of
Tax Laws I embodies independent and original research work carried out by him under my supervision and guidance. To the best of my knowledge and belief, it is his original work submitted to fulfil the project assignment for the Semester End Examination of seventh semester of B.A.LL.B. Programme during the academic year 2010-11.
Date :
Mr. Tinku Punjabi Asst. Professor in Law Institute of Law, NirmaUniversity Ahmedabad
Page 3 of 40
ACKNOWLEDGEMENT
A successful accomplishment of research project signifies great contribution of the Course Coordinator. In the present research project Asst. Prof Tinku Punjabi has contributed significantly in the accomplishment of this research project. Without his support and guidance this research project would have been an unrealistic dream. Asst. Prof Tinku Punjabi has guided the researcher through out the preparation of project. Besides he
PROJECT FOR THE SUBJECT
Tax laws - I
SUBMITTED BY
Mr. Utkarsh R. Kodekar (Roll No. 07BAL022) & Mr. Jayneel Parikh (Roll No. 07BAL037) Semester – VII (B.A.LL.B.)
UNDER THE GUIDANCE OF
Asst. Prof. Tinku Punjabi
Asst. Prof., ILNU
INSTITUTE OF LAW, NIRMAUNIVERSITY AHMEDABAD
ACADEMIC YEAR (2010-11)
Page 1 of 40
DECLARATION
I Parikh Jayneel declare the work entitled “Power of Commissioner to waive or reduce the Penalty” being submitted to Nirma University for the project in the subject
of “Tax Laws - I” is original and where the text is taken from the authenticated books, articles or web articles, appropriate reference is given. It is true in my best of knowledge.
Date :
Jayneel Parikh Roll No 07 BAL 037 VII Semester, (2010-11) Institute of Law NirmaUniversity
Page 2 of 40
CERTIFICATE
This is to certify that the thesis entitled “Power of Commissioner to waive or reduce the Penalty” – submitted by Mr. Jayneel Parikh for the project work in the subject of
Tax Laws I embodies independent and original research work carried out by him under my supervision and guidance. To the best of my knowledge and belief, it is his original work submitted to fulfil the project assignment for the Semester End Examination of seventh semester of B.A.LL.B. Programme during the academic year 2010-11.
Date :
Mr. Tinku Punjabi Asst. Professor in Law Institute of Law, NirmaUniversity Ahmedabad
Page 3 of 40
ACKNOWLEDGEMENT
A successful accomplishment of research project signifies great contribution of the Course Coordinator. In the present research project Asst. Prof Tinku Punjabi has contributed significantly in the accomplishment of this research project. Without his support and guidance this research project would have been an unrealistic dream. Asst. Prof Tinku Punjabi has guided the researcher through out the preparation of project. Besides he
Bibliography: Steels v CIT, (1987) 166 ITR 558 (All). Neeraj Dyeing v. Commissioner of Income-tax and Anr., (1998) 147 CTR (All) 446, [1997] 225 ITR 113 (All), [1997] 92 TAXMAN 110 Pesston Padamji Ginwala v Rubber v. ITO, (1995) 216 ITR 206 (AP). (Cal ) 109, [2004] 265 ITR 673 (Cal). CIT (1981) 127 1TR 579 (AP); see also Paramjit Singh Grewal (Dr) v CIT (1980) 125 1TR 549 (P&H); Harjas Rai v CIT (1982) 138 1TR 77 (P&H). 31) 32) 33) 34) Shankar Apaya Swami v. WTO (1976) 103 ITR 649 (Kar); Mahvir Shiv Narain Jamunlal and Co. v. CIT, (1995) 214 ITR 41 (MP). Sivaram Taxtiles v. CIT, (2000) 244 ITR 136 (Mad). Transport Co. Ltd. V. CIT, (1978) 113 ITR 360 (Guj). (1975) 101 ITR 687 (J&K).